NFL Sunday BetMGM Bonus Code: New Users Secure $1,000 for Week 9
The plot’s thickening nine weeks into the NFL season and BetMGM bonus code ACTION will secure new users a $1,000 risk-free bet on any game on tap Sunday.
Also, the Bonus code ACTIONYARD gets you $200 in free bets if you’re in Louisiana, Illinois or Kansas, as long as the NFL team you bet throws for 1+ passing yard — hence this is a guarantee.
New York does not have any sign-up offers available right now.
Here is the code to use, depending on the state that you’re betting in.
Risk-Free Bet Expectations
Once you’re squared away, now it’s time to get your hands dirty.
Whatever your first bet is will be your risk-free bet. Take a moment to think about what that wager might look like.
We’ll exemplify here. Imagine you’re on board with betting the Atlanta Falcons to upset the Los Angeles Chargers on Sunday.
They’ve displayed flashes of grit in the last three weeks and are spring-boarding from a compelling overtime victory against the Panthers in Week 8. The Chargers return from a bye week after an underwhelming, outmatched defeat to the Seahawks.
The Falcons are priced around +140 at BetMGM at the time of this writing.
You don’t have to deposit and bet the max $1,000, but let’s just say that you do on the Falcons.
So here’s how it goes down:
- If the Falcons win, you profit $1,400, and keep the original $1,000. You’ll now have $2,400 to do what you please with.
- If the Falcons lose, you’ll get $1,000 back in free bets.
Give how our experts are betting this game a quick digest with our NFL Week 9 Best Bets & Predictions segment:
Free Bets at BetMGM
OK, so the Chargers hold their ground and win on Sunday.
You have $1,000 in free bets ready to use. BetMGM will split them up into smaller increments: in this case, 10, $100 free bets.
It might seem uncomfortable, but as we always say: place free bets on plus-money wagers. We explain why in-depth here. While an individual bet may lose, it’s all about the expected value you’re getting through time..
So, you bet $100 each on 10 NFL plus-money wagers Sunday.
Here’s a mock example to illustrate how this could unfold.
*We bolded the bets that “won” in this exercise.
|Khalil Herbert TD||+160||$160|
|Evan Engram TD||+200||$0|
|Alec Pierce TD||+450||$0|
|Josh Allen over 2.5 TDs||+150||$150|
|Tyreek Hill under 6.5 catches||+115||$0|
According to this scenario, $830 was made back. So, after losing $1,000 on the initial risk-free bet, $170 was lost on the original deposit.
Over a large sample ratio, free bets convert at around 70%. This means that every $100 you have in free bets, you’ll get back about $70 on average.
Here’s How ACTIONYARD Works
Are you in Kansas, Illinois or Louisiana? ACTIONYARD gets you $200 in free bets, as long as the team you bet throws for a passing yard. Fingers crossed on Zach Wilson!
This offer is better than the $1,000 risk-free, because you can profit.
Offer Details & Signup
Signing up at BetMGM is simple:
- Click here to signup.
- Use ACTION or ACTIONYARD at checkout
- Enter your personal info. You may be asked for the last four digits of your social security number, which is needed to verify your identity.
- Deposit at least $10
Then depending on which offer you chose, you’ll unlock $200 in free bets through 1+ passing yard in an NFL game, or a $1,000 risk-free bet to use on your first wager.
If you’re traveling to a state with legal betting, it’s perfectly legal to sign up and bet, as long as you’re inside state lines. You can even withdraw money if you’re back in your home state; the only thing you can’t do is actually bet.