BetMGM & Caesars Bonus Codes: Score $2,500 in Potential Bonus Bets for CFB Saturday, Any Sport

The college football season has hit November, and new bettors can use BetMGM & Caesars Sportsbook to earn up to $2.5K in bonus bets.

There are two offers available at BetMGM Sportsbook. The BetMGM bonus code TOPTAN1500 is a 20% deposit match up to $1,500. Or, you can earn a guaranteed $200 bonus bet with the BetMGM bonus code ACTIONGET. This offer only requires a $10 first bet.

The Caesars Sportsbook promo code ACTION41000 is available in all legal states, offering a $1,000 first bet on the house. It's a standard signup offer in the industry, as the betting site provides a bonus bet if your first bet loses. If you're in Maine, which just launched on Friday with Caesars, you'll get $100 in bonus bets after a $50 wager with promo code ACTION4ME.

Keep reading for an in-depth breakdown of the welcome bonuses, and a betting pick for Missouri vs. Georgia.

BetMGMExclusive Offer: Get Your First Deposit Matched up to $1,500 in Bonus Bets!21+. Gambling problem? Call 1-800-GAMBLER in CO, DC, IL, IN, LA, MD, MS, NJ, NV, OH, PA, TN, VA, WV, WY.

TOPTAN1500

Promo Code

Claim $1500

BetMGMGet Your First Deposit Matched up to $1,500 in Bonus Bets!21+. Gambling problem? Call 1-800-GAMBLER in CO, DC, IL, IN, KS, LA, MD, MS, NJ, NV, OH, PA, TN, VA, WV, WY.

TOPTAN1500

Promo Code

Claim $1500

BetMGM Sportsbook Bonus Codes

BetMGM's deposit match offer gives new customers a chance to earn up to $1.5K in bonus bets, but it requires a large deposit. Because it's a 20% match, the initial deposit must be $7,500 to earn the entire offer. It would take a $1,000 deposit to make $200, and there's a 10X rollover requirement.

Bettors can opt for the alternative offer to score a $200 bonus bet. The outcome of your first bet doesn't affect the bonus bet payout. As long as new users deposit and wager 10+, they'll receive the bonus bet for any sporting event.

Caesars Sportsbook Promo Code

Caesars Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn't Win!21+ only and present in AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, and WY only. Gambling Problem? Call 1-800-GAMBLER

ACTION41000

Promo Code

Claim $1000

If you've signed up for another sportsbook in the past, you've likely seen a first bet on the house or no sweat first bet. Caesars Sportsbook is promoting that offer, as the betting site takes your first bet and refunds you in bonus bets if it loses. The first bet cannot exceed $1K, or Caesars won't provide a bonus bet.

This offer is only available to users who lose their first bet. A winning first bet only pays out the winnings with no bonus bet.

Missouri-Georgia Preview & Betting Pick

The SEC has had their usual competitive season, with six teams in the top 17 of the CFP rankings. Everyone expected Georgia to compete for a National Championship, but Missouri is on the cusp of contention. They're No. 12 in the rankings, and a road victory over Georgia would move them well into the top 10.

Some had Georgia on upset watch last week, but they took care of business against Florida. They have a much tougher opponent this week, but the sportsbooks aren't buying a close matchup. BetMGM & Caesars has Missouri as a 15-point underdog.

Using a bonus bet is all about finding value. There's no value in betting on the Georgia ML, and the spread is -110 on both sides. We could potentially earn a huge payout with a Missouri victory.

• Betting Pick: Missouri ML (+525)

We're looking for more expected value with a bonus bet. A bigger longshot gives us more expected value, but Action Network recommends staying in the +300 to +700 range. Bettors can go higher, but it'll be tough to hit bets in the +1000 range consistently.

Obviously, it'll be tough for Missouri to go into Athens and defeat Georgia as a 15-point underdog. Although, they nearly defeated Georgia at home last season with a worse team. Either way, the value of the Missouri ML makes it a good bonus bet option.

Let's say everyone has a $100 bonus bet for Missouri vs. Georgia. The stake goes away with a win or loss, meaning we'll have a $525 profit or no winnings.

How to Sign Up With BetMGM

1. 21+ in all states, including Kentucky, which by law is 18+, BetMGM maintains 21+ there.
2. You are located physically in a betting state when signing up. You don't have to be from there, but you have to be physically present.
3. Accept the app's Terms & Conditions, set security questions, and confirm your age and eligibility. You've created your account!
4. Make an initial deposit using online banking, PayPal, a credit card, or another funding option.
5. You will get your first deposit matched up to $1,500 in Bonus Bets (20%) with the BetMGM bonus code after successfully navigating the BetMGM login process.

21+. Gambling problem? Call 1-800-GAMBLER. CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario.

How to Sign up With Caesars

1. Click here to visit Caesars' website and press "Bet Now" to enter the Account Registration flow.

2. Enter your details to create a new account. Use Caesars Sportsbook promo code ACTION41000 at checkout.

3. Agree to the Terms & Conditions and submit. Caesars will verify your account details. Now, your account has been created.

4. Deposit at least $50 with funding options, including PayPal, Visa, and your bank.

5. Place your first bet.