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Up To $1500 in Bonus Bets Back if your First Bet Does Not Win
MGM Sportsbook – (*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.)
Gambling Problem? Call or TEXT 1-800-Gambler 21+
BetMGM Promo New User
Up To $1500 in Bonus Bets Back if your First Bet Does Not Win (*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.)
BetMGM Bonus Code
Bonus Verified
July 2024
US States Applicable T&C
AZ, CO, IN, IA, IL, KS, KY, LA, MD, MI, NC, NJ, OH, PA, TN, VA, DC, WV, WY
Overall rating 5 /5
BetMGM stands out in the competitive US sports betting landscape, offering an unrivaled welcome bonus to its new customers. When signing up, new members have the opportunity to benefit from the First Bet Offer, which can yield up to $1,500 in Bonus Bets. This robust promotion not only enhances the betting experience but also provides a substantial boost to get started with BetMGM’s comprehensive online sportsbook services.
BetMGM Promo Code: ATSBETGET Unlocks $1500 Welcome Offer
BetMGM welcomes new users with an enticing offer: receive up to $1,500 back in bonus bets through their first bet deal. Highly regarded among premier sportsbook promotions, this offer is available in all states where sports betting is legal. To claim it, enter the verified bonus code ATSBETGET upon making a minimum deposit of $10. The process is straightforward, allowing bettors to quickly benefit from one of the most competitive welcome bonuses in the industry.
BetMGM Promo Code Overview
🔥 BetMGM Promo Code: | ATSBETGET |
🎁 BetMGM Welcome Offer : |
Up To $1500 in Bonus Bets Back if your First Bet Does Not Win
(*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.) |
💵 Minimum Deposit: | $10 |
🌎 States Available: | AZ, CO, IN, IA, IL, KS, KY, LA, MD, MI, NC, NJ, OH, PA, TN, VA, DC, WV, WY |
📅 Verified: | July 26, 2024 |
How To Claim the BetMGM Promo Code
Activate the BetMGM promo code ATSBETGET to take advantage of the sportsbook’s welcome offer. Begin by depositing at least $10 and then placing your first real money wager. Should this initial bet not win, BetMGM provides a full refund in bonus bets, up to $1,500. The distribution of these bonus bets varies: for wagers over $50, you will receive five bonus bets, each worth 20% of your initial stake. For wagers under $50, you’ll get a single bonus bet equal to your first wager. Note that these bonus bets must be used within seven days from when they are credited to your account.
What is the first bet offer on BetMGM?
The BetMGM Sportsbook’s first bet offer is a signup bonus for new users’ initial wagers. Upon signing up and placing your first cash bet on any sport, if that bet loses, BetMGM will match the amount of your bet in bonus bets up to a maximum of $1,500. This means your first bet has a safety net. If your bet wins, you’ll collect your winnings in cash. This offer ensures that whether you win or lose, you have a valuable opportunity to engage further with BetMGM’s betting options.
Example of a First Bet at BetMGM
Upon creating a BetMGM account and depositing, place your first real money wager on any sport or game. If this initial bet loses, BetMGM will refund the amount in the form of bonus bets, up to a maximum of $1500.
For example, you sign up and immediately place a $100 bet on the Los Angeles Lakers to win. If the Lakers lose, BetMGM will refund your full $100 stake in the form of 5 $20 bonus bets. This means you’ll have another chance to wager without risking additional funds from your pocket.
On the other hand, if the Lakers win (and your first bet is successful), then you’ll receive the winnings from your wager like normal. That’s why we call it “first-bet safety net”; it’s there just in case you need it!
My experience with the First Bet promo at BetMGM
I had a chance to test out BetMGM’s $1,500 First Bet Offer, and I am happy to report that it is legitimate. When I placed my first bet on the app and it came up short, BetMGM gave me a 100% refund in the form of bonus bets. How great is that?
![BetMGM Pick](https://ats.io/wp-content/uploads/2021/10/Pick-BetMGM.png)
Up To $1500 in Bonus Bets Back if your First Bet Does Not Win
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER 21+
(*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.)
Promo Code: ATSBETGET
Is Your First Bet Free at BetMGM?
No, your first bet is not “free” at BetMGM Sportsbook. However, BetMGM currently provides a first-bet safety net to all new users. What does this mean, you may be wondering? Allow me to explain:
While your first bet isn’t technically free, it’s protected by BetMGM’s first-bet offer promotion. This ensures that if your initial wager happens to lose, you’ll receive a 100% refund of up to $1,500 in bonus bets, effectively giving you another shot at wagering without having to use your own money.
Terms & Conditions for the BetMGM First Bet Offer
Before we proceed, it’s important to discuss the terms and conditions associated with the BetMGM $1,500 First Bet Promo. This will give you a better idea of what to expect and help avoid any surprises later.
Wagering Requirements
Wagering requirements, or playthrough requirements, are an important part of all sportsbook promos and bonuses. They determine the number of times you must wager the bonus funds before you can withdraw them as cash.
Fortunately, the bonus bets awarded through the BetMGM First Bet Offer have just a 1x wagering requirement in place, meaning you only need to wager the bonus amount once before you can withdraw any associated winnings.
This low playthrough requirement is one thing I really like and appreciate about the sign-up bonus at BetMGM Sportsbook.
Bonus Expiration Dates
Another crucial aspect to consider is the expiration dates associated with the bonus offers. Typically, bonuses come with specific time frames within which they must be used, and BetMGM’s Welcome Offer is no exception.
All bonus bets at BetMGM Sportsbook will expire after seven (7) days if unused. Therefore, it’s important to utilize your bonus funds within this timeframe to avoid losing them.
Eligible States & Age Requirement
BetMGM Legal States as of July 2024: BetMGM is authorized to operate in numerous states across the United States, providing a legal and regulated platform for sports betting. The states where BetMGM is currently legal include Arizona (AZ), Colorado (CO), Washington D.C. (D.C.), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Oregon (OR), Kentucky (KY), Louisiana (LA), Massachusetts (MA), Maryland (MD), Michigan (MI), Mississippi (MS), New Jersey (NJ), Nevada (NV), New York (NY), North Carolina (NC), Ohio (OH), Pennsylvania (PA), Puerto Rico (PR), Tennessee (TN), Virginia (VA), West Virginia (WV), and Wyoming (WY). Residents in these regions can access BetMGM’s sports betting services by signing up with a BetMGM bonus code for added benefits. If you are at least 21 years old and physically located in one of the states listed above, then you’ll be eligible to sign up at BetMGM Sportsbook, claim your welcome offer, and start placing bets.
How does BetMGM compare to other sportsbooks?
Caesars Sportsbook vs BetMGM
Caesars and BetMGM offer new users bonus bets if their first bet loses, but their promotions have notable differences. BetMGM’s offer can go up to $1,500 in bonus bets, surpassing Caesars’s $1,000 maximum. Each sportsbook’s promo ensures a risk-reduced introduction for new bettors. Aside from the difference in bonus bet amounts, BetMGM and Caesars Sportsbook provide similar features and betting options, making them competitive for users looking for robust sports betting platforms.
FanDuel Sportsbook vs BetMGM
Choosing between BetMGM and FanDuel depends on what you value most in a sportsbook. BetMGM offers a first bet welcome bonus up to $1500 and includes a free membership in the BetMGM Rewards loyalty program, appealing to those who appreciate loyalty benefits. On the other hand, FanDuel is more popular and often provides slightly better odds. While FanDuel does not have a loyalty program, it compensates with a generous $1000 No Sweat Bet and a variety of free contests. Both platforms provide distinct advantages depending on the bettor’s preferences.
Best Way To Use Your $1500 BetMGM First Bet Promo Code
Are you trying to figure out how to make the most of the BetMGM First Bet Offer? Here are some strategies and tips you can use to set yourself up for success:
- Do Your Research: Before you place your first bet, research the available options thoroughly. Consider factors such as teams’ recent performances, player statistics, and any relevant news that might influence the outcome.
- Decide on Your Level of Risk: Assess your risk tolerance and decide on the type of bet that aligns with it. Whether you prefer safer bets with lower potential returns or riskier bets with higher payouts, understanding your risk appetite will help you make strategic choices.
- Read the Terms & Conditions: Familiarize yourself with the terms and conditions of the BetMGM First Bet promotion to avoid any surprises or misunderstandings. Pay attention to requirements such as minimum bet amounts, eligible sports or events, and any wagering or withdrawal restrictions.
- Bet Responsibly: Gambling responsibly is crucial when using promotional codes like BetMGM’s First Bet offer. Set a budget for your bets and stick to it, avoiding chasing losses or placing reckless wagers. Remember that gambling should be enjoyable and entertaining, and never risk more than you can afford to lose.
- Look for Other Bonuses & Promotions: Keep an eye out for other ongoing bonuses and promotions being offered by BetMGM (more on that in the next section). This will help you capitalize on additional opportunities to boost your betting bankroll and maximize your overall returns.
Other Bonuses We Like at BetMGM Sportsbook
In addition to BetMGM’s First Bet Offer for new users, you can take advantage of plenty of other exciting bonuses and promotions. Here are a few opportunities that you might be interested in:
Odds Boosts & Parlay Boosts
BetMGM is one of the best in the business regarding offering odds and parlay boosts. These promotions allow you to increase your potential winnings on selected bets by boosting the odds.
Keep an eye out for these special offers, as they can really help maximize your profits over the long term!
BetMGM Refer A Friend Promo
Another exciting promotion is the BetMGM Refer A Friend program, which gives you an opportunity to earn $100 in bonus bets for every friend you successfully refer to the platform.
Share your unique referral link with friends who might be interested in joining BetMGM, and when they sign up and meet a few other requirements, you’ll both receive $100 in bonus bets.
It’s a win-win situation that rewards you for spreading the word about BetMGM to your friends and allowing them to enjoy the platform’s offerings.
MGM Rewards
Last but not least, BetMGM Sportsbook has a fantastic customer loyalty program that rewards players for their consistent play and dedication to the app. With every bet you place, you’ll earn Rewards Points and Tier Credits through the MGM Rewards Program.
Rewards Points can be redeemed directly for bonus bets and real-world prizes (e.g., hotel stays) at the 20+ MGM Resorts located across the United States.
Meanwhile, Tier Credits help elevate your Tier Status within the program. And as you reach higher levels, you’ll unlock new rewards and special benefits, both online and offline!