BetMGM Sportsbook promo codes and bonuses

Note: The content on this page was updated on August 1, 2023.

Here at Syracuse.com we know a lot of our followers are keen to learn more about the various available sportsbook bonuses and promotions.

Our ratings tell us that BetMGM Sportsbook is one of the best sports betting sites around and the good news is that they have a welcome bonus of a $1,000 insured bet available for new customers that sign up using this bonus code link.

This guide to BetMGM promo codes walks you through the process of claiming that welcome package. Within minutes you will have a live account armed with a bonus bet wager.

What is the best BetMGM bonus code to use?

Both new and existing customers have a suite of bonuses and promotions to call upon at BetMGM Sportsbook, but it’s the welcome package that is most of interest to those considering joining this operator. As the name suggests, the $1,000 insured bet lets you place a wager safe in the knowledge that if it loses, the bet’s value will be refunded to your account as bonus bet credits. And if your qualifying wager wins, you get to keep the cash as normal.

There’s no better way to get started at a sportsbook than with a welcome bonus, and the $1,000 insured wager offered by BetMGM can be utilized in a number of different ways – from money line and spread bets to props, futures and parlays… with limited risk to your bankroll. You don’t need a bonus code to claim this offer, and you can enroll in the promotion by signing up for a new account with this link.

How to claim BetMGM bonus codes

So how do you claim the BetMGM bonuses? You may need to utilize our BetMGM bonus codes, although sometimes the bonus is added automatically to your account during the registration process - with the welcome bonus, for example.

Here’s a quick guide on how to register for a new customer account at BetMGM and then enter a promo code:

1. Click here to sign up for a new account at BetMGM Sportsbook
2. Enter your personal information
3. Add your bonus code if prompted
4. Complete your account sign-up

Alternatively, once logged into your account, you can head to your dashboard, click on ‘deposit’ and enter your bonus code at the same time as you add funds to your bankroll.

How to use BetMGM bonus codes

Using a BetMGM bonus code is very easy, and if you sign up and claim this promotion here, you shouldn’t need to type in any codes yourself. To claim the $1,000 bonus bet, there is a minimum stake of $10 and a maximum of $1,000, and your decision here will determine how your bonus bet credits are awarded to you.

First bets between $10 and $49 result in a single bonus wager being awarded if your bet loses. If you risk $50 or more, the bonus bets will be paid out in five equal denominations, e.g. a bonus bet of $100 would net you five $20 bonus bet credits.

For any more information on bonus codes and sportsbook bonuses, visit our New York betting guide.

Do you need BetMGM bonus codes to play?

You don’t always need BetMGM promo codes in order to claim the welcome bonus, but if you do, all of the information you need is right here.

Can existing players use BetMGM bonus codes?

Unfortunately, the $1,000 bonus bet offer is available to new BetMGM customers that sign up using this link only. However, from odds boosts to parlay insurance, there is a ton of promos to keep existing players at BetMGM happy. Click here to sign up at BetMGM so that you can begin your sports betting journey with a fantastic sign-up bonus.

Where can I use the BetMGM Sportsbook $1,000 bonus bet?

BetMGM Sportsbook is live and active in some 23 states in the U.S, however, the $1,000 bonus bet promotion can only be claimed in 16 of them.

Those states are:

• New York
• New Jersey
• Arizona
• Illinois
• Michigan
• Tennessee
• Mississippi
• Louisiana
• West Virginia
• Colorado
• Indiana
• Virginia
• Wyoming
• Iowa
• Washington D.C.
• Kansas

Does BetMGM offer a Refer-a-Friend bonus?

Great news! If you refer a friend to join BetMGM using your referral link, you and they will both be handed $50 in bonus bets each.

To qualify, your buddy must use your link, register an account, deposit and wager at least $50 at odds of -200 or higher, with the bet settled within 30 days.

If they do, you’ll both feel the benefit – at BetMGM, you can offer up to 20 referrals, which is $1,000 in bonus bets.

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