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BetMGM Bonus Code TOPACTION Acquires up to $1,000 in Bet Returns for Monday NBA

BetMGM Bonus Code TOPACTION Acquires up to $1,000 in Bet Returns for Monday NBA article feature image

Monday’s NFL Championship hangover could only be remedied by placing your wagers on the evening’s selection of NBA action.  BetMGM bonus code TOPACTION is available for new bettors to score $1,000 in total value on their first bets.

In simpler terms, BetMGM is spotting any new users a bet of any amount up to $1,000. If it loses, they will reimburse users whatever they lost in bet credits.

Still need some more context? We’ll examine some suggested bets from our NBA betting experts below and discuss what to expect betting with this promotion at BetMGM.

How to Bet BetMGM’s Bonus Code

First, we broke down sportsbook promotions with a guide. There’s a lot out there, so this will help clarify.

Given the nature of this promotion, the closer to the $1,000 limit that we bet, the more value we’ll see.

Of anything to know about using promotion bets, it’s that the mathematically optimal strategy is betting plus-money. It’s tempting to take the spread or the total, but let’s get down to business on why you’ll want to look for something else in this instance.

Applying Your First Bet With BetMGM

We advise bettors using promotions to always wage on longshots i.e. +300, +500 etc.

You accrue more expected value this way. This term refers to the margin between the real odds of something happening and the market’s odds.

Take a coin toss for example: The fair odds of a coin toss are 50/50 or +100. Say you have +120 odds on heads — the EV would be (120-100) * .5. That’s $10 expected winnings on a $100 bet, or 10% EV.

100 of these 10% EV bets would bank $1,000 on those 100 bets.

Selecting a Longshot for Monday NBA:

There’s plenty of ways to juice up your line — whether that’s picking the underdog’s moneyline odds, creating a same game parlay or choosing a niche player prop.

The Washington Wizards (23-26) will bring its five-game win streak to the bottom-dwelling San Antonio Spurs Monday night. That’s been without the services of Washington’s leading man, Kristaps Porzingis. He is due to return Monday, giving the edge back to the Wizards for the tipoff.

The Spurs (14-36) have lost five straight and sport a slagging 9-18 home record this season. San Antonio’s record ATS isn’t much better. It’s covered three of the last five games, but is 23-26 overall. Keldon Johnson is a glimmer of a bright spot as the small forward has amassed 21.8 PPG and hit a three to force overtime against the Suns in the 118-128 loss on Saturday.

While Johnson is San Antonio’s only 20+ PPG player, the Wizards have two more key offensive contributors alongside Porzingis: Kyle Kuzma and Bradley Beal.

This is the first meeting between the two cross-conference opponents this season. BetMGM has this game set at a 5.5-point spread.

In seeking a wager that can maximize this opportunity, let’s keep away from the spread and take heed to what NBA First Basket listed as a prop pick to consider Monday evening:

Kristaps Porzingis (78% opening-tip win rate) is off the injury report and will face Jakob Poeltl (48% win rate) at center court on the opening tip.

These two haven’t faced off on an opening tip-off over the past two seasons, but I expect Washington to control the opening tip. The Wizards have scored first this season in 55% of games, while the Spurs have scored first in 48% of games.

Bradley Beal has scored the first team field goal in 48% of starts this season, while Daniel Gafford and Porzingis have each scored the first team field goal in 29% of starts.

The Spurs allow opposing shooting guards to score first in 32% of games this season (second highest rate in the league). This lines up well for Beal tonight, and he has attractive odds. I’m going to pair Beal with Porzingis thinking one of them will hit the first basket.

Let’s follow the notion of the ball getting to Beal’s hands early in this game. We’ll place the prop bet of him hitting the first field goal of the contest at +750 odds.

We can bet any amount up to $1,000, but we will draw a scenario where we bet the whole bag to show how it can pay dividends later.

A $1,000 wager would return an $8,500 payout if Beal does get the first bucket. But if not, we’d see our $1,000 back in bet credits.

How Do Bet Credits Work?

When betting with bet credits, we want to adopt the same strategy we used with the first bet on the house. We won’t keep the stake even if the bet wins, so the bigger lines will come in handy.

Bet credits will appear after the promotion bet settles.We’ll focus on something more mainstream that will allow us to enjoy the entire game.

Say we take $100 of the $1,000 we received back in bet credits (assuming if the Beal prop missed) and place it on the Pelicans to beat the Nuggets at +310 Tuesday.

Check out how the optics would look on this one:

Outcome Profits Total $
Pelicans win $310 $1,210 ($900 in free bets)
Pelicans lose $0 $900 (leftover free bets)

In the meantime, read why our staff likes the Magic to cover against the 76ers Monday plus a double double prop on Clint Capella. Or if you like the Lakers to keep pace with the Nets, Austin Wang provides reason as to why this could be a success.

How to Sign Up at BetMGM

Here’s how to sign up at BetMGM. It should take just a few minutes.

  1. Start by clicking here
  2. Use TOPACTION at checkout
  3. Enter all your info — name, address, phone number, last four digits of your SSN so they can verify your identity, etc.
  4. Deposit at least $10
  5. Make your first bet up to $1,000

New users must be located in a state where BetMGM is active. It should be noted that you don’t have to live in Ohio to wager, you just have to be in the state at the time of activation and making a bet.

BetMGM Casino Offerings

If you want to take your holiday fun beyond the sportsbook, be sure to check out Action Network’s BetMGM Casino offer with a value up to $1,025 when you use casino bonus code ACTIONCASINO.

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER. A Problem Gambling Helpline is available 24/7 at 1-800-589-9966 or texting 4HOPE to 741741.

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