BetMGM Bonus Code: Up to $1,500 in Bonus Bets

The current BetMGM bonus code unlocks up to $1,500 in bonus bets for new users in most states. Conversely, there’s a bet $10, get $150 offer in Michigan, New Jersey, Pennsylvania and West Virginia. BetMGM's welcome bonus offers rank among the most generous in the legal sports betting market.

We have thoroughly analyzed the BetMGM bonus offerings and compared them with other leading sportsbooks in the market. So, although we earn commission when you sign up with BetMGM via our affiliate link, this in no way impacts the objectivity of our review process.

In this guide, we’ll explore both BetMGM bonuses in more detail, while revealing how you can sign up and claim your promo. We’ll also address which bonus offers optimal value based on your risk profile.

BetMGM Bonus: Current Welcome Offer

As we’ve touched on, there are two BetMGM bonus options for new users. Availability varies from state to state, with the $1,500 first bet offer available in 19 states where BetMGM is licensed. Below, you’ll find a comprehensive overview of each available bonus and the key terms and conditions.

$1,500 First Bet Offer in 19 States

This is a conditional offer that has one of the highest cash values on the market. Simply make a minimum deposit of $10 and place your first bet as a new customer, and if this is settled as a loss, your stake will be refunded in full up to the value of $1,500.

The way in which bonus bets are awarded will vary depending on your initial stake. If you place a qualifying wager of between $10 and $49, you’ll receive a single bonus bet that matches your stake. Larger qualifying bets up to $1,500 will unlock five separate bonus wagers that each equate to 20% of the total bonus value.

Bonus bets expire seven days after issuance, and will be removed from your account if they’re not used during this time. The 19 states in which this bonus is available are AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY.

Ultimately, this bonus offers optimal value to experienced bettors or those of you with larger bankrolls. This is because you can place a qualifying bet of up to $1,500 at lengthy standard odds, guaranteeing either a sizable profit or the full value of the welcome bonus.

BetMGM Promo: Bet $10, Get $150 (Select States)

If you reside in MI, NJ, PA or WV, the BetMGM promo allows you to wager $10 and access $150 in bonus bets. Unlike the primary bonus, this pays out in instances where your qualifying wager wins, so you’ll be able to maximize value by targeting outcomes that are highly likely to occur.

It helps that the offer isn’t bound by minimum odds requirements. As a result, your qualifying wager can be staked at standard odds of -10,000 or longer, unlocking lines with an implied probability of up to 99.0%.

To provide context, you could pick the Seahawks to defeat the struggling Titans outright at odds of -900. This bet has a 90.0% win probability, while a winning $10 stake will yield a nominal $1.11 profit and unlock your bonus bet credits.

Once your wager has been settled as a win, three separate $50 bonus bets will be added to your account. These bet credits will also be valid for seven days after issuance, while they can be staked at any standard odds too.

How to Sign Up and Claim Your BetMGM Sign-Up Bonus

The process of claiming your BetMGM sign up bonus may also vary slightly from one state to the next. Regardless, registration is quick and simple, and can be completed in five intuitive steps. We’ve outlined these in more detail below:

1. Start by clicking the offer link on this page
2. As a new customer, you’ll now be directed either to download the native BetMGM app on iOS or Android or the website
3. Hit Sign Up and create your new account. This will require data such as your legal name, state, address and date of birth. You can also provide documentation to help verify your identity at this time, such as your drivers’ license or passport. Secure your account with a verifiable email and memorable password too
4. At this stage, you may be required to enter a promo code (BETMGMBONUS). Some states auto-apply the relevant promo based on your location, but others will ask you to manually enter a BetMGM bonus code. 
5. Regardless of which BetMGM new user promo you claim, there’s a minimum deposit limit of $10. You can then place your qualifying wager of at least $10, with both promotions allowing you to bet at standard odds.

BetMGM New User Promo: Eligibility Requirements

Outside of the specific T&Cs associated with each BetMGM new user promo, there are also universal eligibility criteria that must be met. Fundamentally, you must be located in a state where sports betting is legal and BetMGM is licensed to operate. More specific requirements are laid out in the brand’s main terms and conditions.

Is the BetMGM Bonus Code for New Users Only?

Each BetMGM bonus code is valid for new users only. So, you cannot claim either of the welcome offers if you’re an existing BetMGM customer or you’ve previously operated an account. Here are some of the additional requirements that will have to be fulfilled for you to claim one of the available promotions:

• You must be aged 21+ to sign up and claim a BetMGM welcome bonus in most states. The age requirement drops to 18+ in Wyoming
• The BetMGM promo that you’re able to claim will be determined by your state location. This means that you cannot claim both bonuses or combine the welcome promo with other offers intended for existing bettors
• BetMGM uses geolocation software to verify your real-time location. This ensures that you claim the right welcome bonus and are present in a legal BetMGM state when you wager. So, location services must be enabled on your device, while you’re prohibited from using a VPN
• BetMGM employees and affiliates are currently excluded from claiming either welcome bonus

State-Specific BetMGM Bonus Codes

The variation in BetMGM bonus codes can be explained by various factors, such as state regulatory requirements and market maturity. We’ll drill a little deeper into these factors below, but let’s first take a look at exactly where each promotion is available:

$1,500 Offer States: AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY.

Bet $10 Get $150 States: MI, NJ, PA, WV.

Interestingly, each of these states has also legalized online casino gambling. This creates a different and more complex regulatory landscape that impacts bonus offers across both sports betting and casino verticals. Aside from the betmgm michigan bonus code, bettors in MI can access a sportsbook referral promo and second chance wager offer.

States Where BetMGM Bonus Unavailable

There are numerous states in which BetMGM has yet to be licensed for mobile betting, including AL, AK, AR, CA, CT, DE, GA, ME, MN, MT, NE, NH, ND, OK, OR, RI, SC, TX, UT, VT and WI. A number of these states (like GA and TX) don’t offer sports betting at all, and have no immediate plans to enact legislation.

Missouri has recently legalized sports betting, after voters approved Amendment 2 on November 5th, 2024. Sports betting will officially launch in the state on December 1st, 2025, with BetMGM one of the brands to have received an official license.

How Does the BetMGM Bonus Compare?

We’re now going to see how the current BetMGM promotions compare with their main competitors. These include FanDuel, DraftKings and Caesars, which have each chosen to structure their welcome bonuses differently. Let’s see how they stack up against one another.

BetMGM vs FanDuel Promo Code

FanDuel’s welcome bonus allows you to wager $5 and get $150 in bonus bets. However this offer is also conditional, and your qualifying wager must be settled as a win for the bonus bets to be paid out.

Clearly, this has a lower cash value than BetMGM’s first bet safety net, while the different settlement terms suit variable bankrolls. Those of you with larger bankrolls can maximize the BetMGM main promo by placing a qualifying wager of $1,500. Conversely, only a $5 qualifying stake is required to secure the $150 bonus bets at FanDuel.

BetMGM vs DraftKings Promo Code

The DraftKings welcome bonus adopts a familiar structure, although a winning $5 qualifying wager here unlocks $200 in bonus bets. This has a slightly higher cash value than BetMGM’s secondary bonus, which unlocks $150 in bonus bets when a successful qualifying wager of $10.

BetMGM vs Caesars Promo Code

Caesars has a completely different bonus structure. This comprises 20 x 100% profit boost tokens, which can be unlocked with a nominal $1 wager and offer long-term value. Each token can boost your winnings by up to $2,500, creating a much higher profit potential over time.

Ongoing BetMGM Promotions for Existing Users

The full list of BetMGM promotions include a number of offers for existing bettors. We’ll explore some of the most popular promos in more detail below:

• Second Chance Scorer: If you place a qualifying first TD scorer bet on any pro football game but your pick scores second instead, BetMGM will refund your stake in full (up to a limit) in cash.
• Pro Football No Sweat Token: Place a straight bet, parlay or SGP on a qualifying professional football match. If this bet loses, BetMGM will refund your stake (up to $10) in the form of a bonus bet credit.
• Hit The Hattrick Jackpot: Stake $10 or more on an anytime goal scorer bet in the NFL, and if your pick subsequently hits 3+ goals in the game, you’ll win a share of $10,000 in bonus bets.
• Boost Your NHL Bet: If you’re an NHL fan, you can also wager at boosted odds on qualifying matches and markets. Odds boosts will range between 25% and 50%.
• Refer Friends and Get a Bonus: You can use a referral link to invite your friends. Once their qualifying wagers have been settled, you’ll both receive a referral bonus of $100.

MGM Rewards Loyalty Program

The BetMGM sportsbook promo also offers entry into the operator’s first-class rewards program. This lets you earn both Rewards and Tier Credits on every single bet that you place, while a consistent redemption rate of $0.01 is applied to every credit redeemed.

You can also unlock up to 50 Rewards and Tier credits for every $100 staked on parlays at BetMGM. The similarly iconic Caesars Rewards program pays out up to 20 RCs and TCs when you bet $100 on parlays, so MGM Rewards offer a competitive advantage here.

BetMGM App and Platform Experience

BetMGM is a mobile-first betting brand, so you’ll most likely register and claim the welcome bonus via the iOS or Android app. The iOS app is one of the highest rated sportsbooks in the App Store, with an average rating of 4.8/5 from more than 239K+ reviews.

However, the Android app has a much lower rating of 4.1/5, albeit from a much smaller selection of reviews (38.1+ reviews). Some of the complaints on Android are also echoed via Reddit threads, which focus on app glitches and sudden crashing and the lack of viable cashout offers.

Banking and Withdrawals

There are seven secure deposit methods available at BetMGM, each of which can also be used to withdraw funds. Popular deposit methods include debit cards, PayPal and Venmo.

Customer Support

BetMGM offers 24/7 customer support, which is primarily available via the interactive live chat feature. This combines an intuitive chatbot and access to human agents, who will usually respond to your live query within five minutes.

Pros and Cons Summary

Frequently Asked Questions

Final Verdict

BetMGM’s two conditional offers have very different settlement criteria, providing value for both high rollers and casual bettors. The $1,500 first bet safety net offer should appeal to those of you with a big bankroll, for example, whereas the $150 in bonus bets promo requires just a $10 first deposit and qualifying wager.

Of course, the bonus that you’re able to claim will depend on the state in which you reside. So, we’d recommend that you read the relevant T&Cs for both bonuses in full before you make a commitment. If your preferred BetMGM bonus isn’t available in a particular state, you may want to compare alternative offers from FanDuel, DraftKings and Caesars.