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BetMGM Ohio Bonus Code Offers Different Value Than Other States for Sunday Slate

BetMGM Ohio Bonus Code Offers Different Value Than Other States for Sunday Slate article feature image

BetMGM OH Ohio State-Michigan, 02/05/2023

There are two different BetMGM bonus codes available, depending on where you live, for Sunday’s sports slate.

  • TOPACTION: A $1,000 first bet on the house. This is available in all BetMGM Sportsbook states except New York. That means if your first bet loses, you’ll be refunded in bonus bets equal to what you lost.
  • ACTIONNBA: Bet $10, get $200 in bonus bets if the NBA team you bet hits a 3-pointer. Available in Ohio, Maryland, Kansas, Illinois and Louisiana. It’s a lower-risk, lower-payout offer.

For many new bettors, ACTIONNBA is simpler because you don’t need to put up a lot of money up front. But the total value extracted can be higher through TOPACTION.

You can use the first bet on the house and bonus bets on any game you’d like, including Ohio State vs. Michigan on Sunday in college hoops action.

How BetMGM Bonus Code TOPACTION Works

Sportsbooks have started to use all different kinds of language to promote their new-user bonus offers. Check out our guide to each sportsbook promotion type. It should clear up most questions about how these different offers work.

Making Your First Bet

OK, after you’ve gotten started on the platform and signed up, you need to make your first bet. You won’t get a notification or checkbox that it’s your first bet and that it’s on the house — it just kind of happens. So make sure your big bet is truly your first bet with BetMGM.

The mathematically optimal strategy is to use your first bet and bonus bets at plus-money.

So let’s say I deposit $100 and put it all on Temple to beat Houston, arguably the top college basketball team in the country, again.

If Temple wins, I profit $400 and keep my original $100. If Temple loses, I get $100 back in bonus bets.

Result Profits Total $ in acct.
Temple wins $400 $500 cash
Temple loses -$100 $100 bonus bets

Using Bonus Bets, if Necessary

OK, but what happens if your first bet loses? You’ll get refunded in bonus bets, which work like this.

You keep the profit, but not the bet itself (which is different from what happens when you bet with cash).

So let’s say you put $100 in bonus bets on the Chiefs to win the Super Bowl at +100.

  • If the Chiefs win, you profit $100 but don’t keep the bonus bet. You now have $100 cash in your account off a $100 deposit, good for $0 in profit (break-even).
  • If the Chiefs lose, you lose the bonus bets and you’re left with nothing.

How BetMGM Bonus Code ACTIONNBA Works

Alright, what about the lower-risk offer available in Ohio, Maryland, Kansas, Louisiana and Illinois?

All you need to do is put $10 on an NBA game. If they hit a single 3-pointer, you’ll get $200 in bonus bets. You can then use the bonus bets on any game. There are six NBA games throughout the day, starting at 1 p.m. ET, so claim them early and use them later in the day on whatever else.

So let’s say I put $10 on Hornets vs. Magic at 1 p.m. ET to get the bonus bets. Then later, I’ll put $50 on Stanford moneyline against Colorado at +170.

  • If Stanford wins, I profit $85 but don’t keep the $50 bonus bet.
  • If Stanford loses, the bonus bet just goes away.

Registering Your BetMGM Account

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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