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BetMGM Bonus Code ACTIONDM Gets $1,000 Deposit Match for Tuesday Bowl Games

BetMGM Bonus Code ACTIONDM Gets $1,000 Deposit Match for Tuesday Bowl Games article feature image

Tuesday’s pair of NCAA bowl games come knocking with an exclusive BetMGM bonus code offer designed for new users: a 20% deposit match worth up to $1,000.

So let’s break out our calculators for 20% of whatever we deposit. If we deposit $5,000, BetMGM will grant $1,000; depositing $1,000 gets $200 and so forth.

All that must be done to activate this is typing bonus code ACTIONDM amidst the check out step.

Keep in mind: There are very few deposit match offers available in the U.S. sports betting world right now. This one will be live for a limited period.

Let’s break down how this works and preview what to expect in betting the Boca Raton Bowl on Tuesday.

How ACTIONDM Works

So you’ve deposited $1,000 and received a $200 deposit match. You’re probably thinking this is too good to be true.

Here’s the catch: Like all deposit matches, this one comes with a rollover. It’s designed to prevent you from taking the bonus cash and running.

This BetMGM deal has a 10x rollover on the bonus amount. So basically you must wager 10x what you received as a bonus over your first 30 days with BetMGM.

DraftKings’ deposit match has a 25x rollover, so you’re bound to lose the whole bonus while trying to hit the requirement.

We did a full breakdown of how the different kinds of sign-up offers work if you want to read about deposit matches more in detail.

Say I deposit $1,000 and get $200 in cash from BetMGM. I need to wager 10-times that $200 in 30 days for the bonus money to become eligible for withdrawal. So it’d be $2,000-worth in this case.

You win at about a .500 rate, so it’s not as much money out of pocket as one might think.

Let’s look at it this way: If you were to place 20, $100 bets to hit the rollover threshold. Each of these bets being point spreads in football or basketball — all priced at -110.

  • If you go 11-9, you’ll make about $100 in profit, plus you’ll get the $200 free from BetMGM. You’ll now have $1,300 in your account off a $1,000 deposit.
  • If you go 10-10, you’ll lose about $91 from those bets, but still get the $200 in free cash for a total profit of $109.

Betting the point spreads at -110 to hit the rollover is just an example. You can bet anything as long as it’s shorter than -250 (so -240 is OK, -350 is not). We prefer plus-money in most cases.

You also cannot bet on the opposite sides of the same game at BetMGM to hit your rollover requirement.

Boca Raton Bowl Preview

If you’re looking to make a splash into BetMGM with this deposit match, Tuesday’s bowl games would be an auspicious affair. Let’s break down how the Boca Raton Bowl squares up:

It was a limp to the finish for the Liberty Flames in 2022, who seek a fourth consecutive bowl victory. The first-place FBS Independents team lost their last three games — a frame in which it was outscored by opponents 108-69. The offense has seen a carousel of characters under center, but the defense has been stout — logging 14 interceptions and nine fumble recoveries.

There’s really one factor to consider amongst the offensive inconsistencies of this offense: Demario Douglas. The sophomore wideout has proven himself as a sharp threat leading the team with 73 catches, six touchdowns and 977 yards. This is all while the Flames enter FAU Stadium as +140 underdogs against a Toledo squad that dominated the MAC in offensive production.

Sophomore quarterback DeQuan Finn led this surge, but he ironically harnesses a 59.1 completion percentage and only 193.4 yards per game. In spite of those numbers, Finn has launched 22 passing scores and tallied 2,172 total yards on the campaign. They key to note is how the Michigan native compensated with his legs — he’s punched in a team-best eight rushing scores while having amassed 608 total rush yards.

Toledo has lost its last four bowl contests, but have won 11 upon 19 total appearances. The Rockets are 3-0 against the Flames all time. BetMGM has them set as 3.5-favorites over Liberty.

The Pick: Toledo -3.5 at -110

Why BetMGM?

BetMGM is the No. 3 sportsbook in market share in the United States behind only DraftKings and FanDuel. It also has the most popular online casino in the legal market.

It has some of the best pricing for first touchdown scorer props in the NFL, and a can’t-miss first touchdown insurance promotion for Monday Night Football and Thursday Night Football. If your player doesn’t score the first TD, you’ll get free bets back, up to $25.

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