BetMGM Bonus Code - First Bet Offer up to $1000 [February, 2023]

BetMGM sportsbook is allowing anyone who signs up to get a first bet offer up to $1000 paid back in bonus bets if you don’t win. That means that, as long as you follow the necessary steps, you will start off your BetMGM career with an extra $1,000 of betting power.

As we continue, we will go over every part of the offer, including where it is available, terms and conditions, and how it can be redeemed, along with general information about BetMGM.

BetMGM Sportsbook Bonus Code for February, 2023

🤑 Welcome offer

First Bet Offer up to $1000

🥇 Promo code

Click here (no code required)

🖥 Website

betmgm.com

🇺🇸 Legal states

AZ, CO, IL, IN, IA, KS, LA, MD, MI, MS, NJ, NV, NY, OH (pre-launch), PA, TN, VA, WV & WY

💰 Minimum deposit

$10

📱 BetMGM Sportsbook App

iOS & Android

🧐 WSN review

BetMGM review

Last verified

February, 2023


BetMGM Casino Bonus Code for February, 2023

🤑 Welcome offer

$1,000 deposit bonus + $25 on the house

🥇 Promo code

Click here (no code required)

🖥 Website

betmgm.com

🇺🇸 Legal states

AZ, CO, IL, IN, IA, KS, LA, MD, MI, MS, NJ, NV, NY, OH (pre-launch), PA, TN, VA, WV & WY

💰 Minimum deposit

$10

📱 BetMGM Casino App

iOS & Android

Last verified

February, 2023


BetMGM

9/10

$1,000 First Bet Offer

21+ | Terms and conditions apply

BetMGM Sportsbook Promo - First Bet Offer up to $1000

The BetMGM welcome bonus guarantees that all new users will be able get a first bet offer up to $1000 paid back in bonus bets.

Risk-free bets are promises that any missed bets—first bets, in this case—will be protected against in full up to a certain amount. Every bet is insured by free bets, which are tokens of native currency that can be used to place bets and win cash prizes.

So, here’s how it all works: a user signs up using the BetMGM bonus code and places their first bet of up to $1,000. If that bet misses, they will recoup free bets worth 100% of the amount they risked. Customers can place bets larger than $1,000 but will not receive protection beyond the $1,000 maximum.

Customers who qualify for the free bet prize will be able to redeem them anywhere on the BetMGM sportsbook menu.

Key Terms and Conditions

After signing up with the BetMGM bonus code, customers must deposit at least $10 into their account and bet at least $10 to activate the deal.

Any free bets unlocked through the promotion will be accredited within 24 hours (in most cases) and must be used within seven days, or else they will expire. Customers who qualify for at least $50 in free bets will receive them in five equally-weighted increments, while those who qualify for $49 or less will receive a single free bet.

Free bets cannot be used to activate other ongoing promotions. Customers who claim the welcome bonus will also not be able to redeem future welcome bonuses.

Interested players must be at least 21 years old and in any state where the BetMGM welcome bonus is active. 

How to Use the BetMGM Sportsbook Bonus Code

Registering with BetMGM sportsbook is simple—just visit the website and then click “Register” at the top right of the screen.

Click on 'register' to sign up to BetMGM Sportsbook

You should be directed to a new page—there, you will find your state and then enter your information into the boxes. 

Enter your personal details to complete your registration at BetMGM Sportsbook

Once you finish submitting your personal details, review all of your entries and finalize your account. You will then be asked to make your first-time deposit which, to trigger the welcome bonus, must be at least $10. 

Do all of the above and you will not only have a brand-new account, but you will also be ready to win up to $1,000 in prizes.

More BetMGM Sportsbook Promotions

BetMGM has a variety of ongoing promotions separate from the welcome bonus that returning customers can redeem. Offers are constantly changing and some last longer than others, and you can see what is available by checking out the “promotions” section of the sportsbook.

Here are the deals that are active right now.

First Touchdown-Scorer Insurance

One of the many NFL betting markets is the first touchdown-scorer. With this deal, users can win recoup up to $25 in free bets if they miss a first touchdown-scorer wager on any Monday or Thursday Night Football matchup.

NFL One-Game Parlay Insurance

Throughout the 2022 NFL season, BetMGM players will be able to receive up to $25 in free bets if parlays of four or more legs miss by just one leg. 

First Basket-Scorer Insurance

Similar to the first touchdown-scorer, BetMGM will grant up to $25 in free bets to users who miss their first basket-scorer bets throughout the 2022-23 NBA season.

NHL One-Game Parlay Insurance

Hockey bettors, fear not, BetMGM will also protect you against missed parlays by promising up to $25 in free bets for parlays of four-plus legs that miss by one leg.

EPL One-Game Parlay Insurance

Sensing a trend? BetMGM is extending its parlay insurance to English Premier League (EPL) bettors, allowing them to receive up to $25 in free bets for four-or-more-leg parlays that are off by one leg.

Refer-a-friend

BetMGM is always looking to reward its customers, which is why both you and a friend can earn $50 in free bets by signing up with a referral code. Customers can refer up to 20 friends, meaning they can earn an extra $1,000 of free bets just by helping someone create an account.

Cash Out

At the best of times or the worst of times, BetMGM will let users cash out from their bets. This can be used to recoup small margins in imminent losses, back out of a deal the user is unsure about, or guarantee a profit if the cash out value is greater than the stake but the bettor is unwilling to ride it out until the final whistle.

Edit My Bet

Customers will be able to increase their stake and swap out or remove bets and parlay legs with the “Edit My Bet” feature. This means that customers never lose full control of their bets and money.

BetMGM is legal in 19 states plus Washington D.C. Customers in these states can find betting odds for professional and amateur sports, with some restrictions depending on state laws.

Customers in certain states will be treated to a welcome bonus offer, which is a reward for registering with BetMGM. These rewards can vary depending on the time of the year and the state that the user is in—details can always be found in BetMGM’s terms and conditions.

Here, we have listed every state, as well as the welcome offers that are currently available there.

State

Bonus Offer

Launch Date 

Arizona

$1000 First Bet Offer

September 2021

Colorado

$1000 First Bet Offer

May 2020

Washington D.C.  

$1000 First Bet Offer

June 2021

Illinois

$1000 First Bet Offer

March 2022

Indiana 

$1000 First Bet Offer

February 2020

Iowa 

$1000 First Bet Offer

January 2021

Kansas

$1000 First Bet Offer

September 2022

Louisiana

$1000 First Bet Offer

January 2022

Maryland

$1000 First Bet Offer

November 2022

Michigan 

$1000 First Bet Offer

January 2021

Mississippi 

$1000 First Bet Offer

September 2021

Nevada

$1000 First Bet Offer

March 2020

New Jersey 

$1000 First Bet Offer

June 2018

New York 

No offer

January 2022

Ohio 

$1000 First Bet Offer

January 2023

Pennsylvania 

$1000 First Bet Offer

December 2020

Tennessee

$1000 First Bet Offer

November 2020

Virginia  

$1000 First Bet Offer

January 2021

West Virginia 

$1000 First Bet Offer

January 2020

Wyoming

$1000 First Bet Offer

September 2021

BetMGM Sportsbook Upcoming States

BetMGM is due to go live in Massachusetts once the state gets its sports betting market to operational status (it is targeting a launch in March 2023). The company has already received initial approval through its alliance with MGM Springfield Casino, which has also been approved.

The Massachusetts market adds to a growing Northeastern sector, with Vermont lawmakers also pondering the idea of adding sports betting market. Nearby New York and New Jersey are already dominating revenue totals and have laid the groundwork for Massachusetts to hit the ground running.

Oher key states could also be on the horizon, depending on how legal situations unfold. Florida representatives are currently taking the federal government to task in federal court as they seek a resolution to their sports betting dilemma, which saw Washington shut down an agreement between Florida Governor Ron DeSantis and the Seminole tribe that gave them full control of the market.

Texas is another state that could be looking to approve legislation despite vehemently opposing all related measures in the past. Former Governor and Texas politician Rick Perry has declared his support for the movement by joining a pro-gambling group despite previously penning a letter warning of the effects of widespread online gambling.

California looked like it was on track to legalize sports betting, but after resounding failures from Proposition 26 and Proposition 27 at the polls, they are back to square one. Several top operators combined to put hundreds of millions of dollars into sports betting campaigns, and that could be part of the plan moving forward once again.

BetMGM

9/10

$1,000 First Bet Offer

21+ | Terms and conditions apply

BetMGM Casino Bonus - 100% Deposit Match Up to $1,000 + $25 Free

BetMGM casino is available for non-sports bettors, or gamblers who are just looking for a change of pace.

The welcome bonus here promises $25 in free plays as soon as an account is created and another maximum of $1,000, also in free plays, through a 100% deposit match. That means that customers will be able to receive double their betting capital plus another $25 before they’ve even made a single bet.

The casino is available to all customers who meet the usual requirements: 21 years or older and in a state where the BetMGM casino is legal. The welcome bonus offer can be found in the “promotions” section on BetMGM’s website.

Key Terms and Conditions

Customers looking to redeem the BetMGM casino welcome bonus cannot already have an existing BetMGM account—otherwise, they will be disqualified.

Customers will also be unable to redeem future welcome bonuses once they redeem the current one. 

Free plays can be redeemed anywhere in the casino and in one fell swoop or across multiple wagers. If you want to throw it all on one hand of blackjack, go ahead, or you can spread it across wheel spins, poker hands, and much more.

How to Claim the BetMGM Casino Bonus Code

Don’t worry about having to jump through a ton of hoops to sign up for BetMGM, because we have laid out all of the steps right here. They are as follows.

  • Visit BetMGM and click “Register” 
  • Enter your information into the boxes and finalize your account
  • Make a first-time qualifying deposit
  • Wager 15x the initial deposit to convert all winnings to cash (beware that different games have different wager qualification standards)  

More BetMGM Casino Promotions

BetMGM casino has several other deals aside from the welcome bonus. We have included those and what they entail below.

Refer a Friend

Win $50 in free plays after helping a friend to register for an account with BetMGM. This can be redeemed a maximum of 20 times per month, which would translate to monthly bonuses of $1,000.

You and your friend will both receive the free plays once they make their account and place their first bet.

Holiday Wheel Spin

Get a special holiday-themed prize to celebrate Christmas and the New Year. Prizes can be a variety of things and will be unveiled after the spin of the wheel.

You can find more online casino bonuses here.

BetMGM casino is legal in 19 states (plus Washington D.C.). Those states are:

  • Arizona
  • Colorado
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Michigan
  • Mississippi
  • New Jersey
  • Nevada
  • New York
  • Ohio (pre-launch)
  • Pennsylvania
  • Tennessee
  • Virginia
  • Washington D.C.
  • West Virginia
  • Wyoming

BetMGM Casino Upcoming States

We know that BetMGM is coming to Ohio as its sportsbook goes live (for more information, see BetMGM Sportsbook Upcoming States). 

Massachusetts is also bolstering its MGM-sponsored casinos with the arrival of BetMGM, again, coinciding with the integration of legal sports betting.

Online casinos are legal in far fewer states, but that could be the next domino to fall amid the rising popularity of gambling. We will be tracking any changes and developments related to legal pushes for casino and BetMGM expansion. 

Payment Methods and Withdrawal Times

Payment Method

Minimum Deposit

Withdrawal Time

Credit/debit card

$10

5-7 business days

PayPal

$10

1-5 business days

PayNearMe

$10

15-30 minutes

Skrill

$10

1-5 business days

Play+

$10

Instant

Bank transfer

$10

1-5 business days

E-check

$10

3-5 business days

MGM Rewards

$10

1-5 business days

Game on card

$10

Instant

Is BetMGM a Good Sportsbook?

BetMGM is one of the best sportsbooks on the market. Not only is it one of the leading providers in America, but it goes above and beyond when it comes to treating its customers the right way.

First and foremost, MGM is one of the global leaders in providing entertainment. Their history, pedigree, and experience make them a top choice for sports betting, especially as the industry continues to rapidly grow and evolve in what is an exploding market.

BetMGM users can also access competitive betting lines in nearly any sport, regardless of popularity, and a ton of markets, whether that be spread, moneyline, prop, total, future, teaser, or anything else on the betting menu.

Finally, customers can also cash in on any of the lucrative promotions. Deals are constantly being chopped and changed, which helps keep the experience “fresh” with every new visit to the sportsbook feeling like it's the very first.

Check out our video review of BetMGM Sportsbook below:

Final Verdict: How Do BetMGM’s Promos Stack Up Against Other Sportsbooks?

BetMGM’s promotions for new and returning customers are right up there with the best on the market. They sit alongside the likes of FanDuel and DraftKings in the top operators and offer more rewards than sportsbooks in the second tier of popularity.

Customers need to be wary that promotions can usually only be redeemed one time—however, BetMGM has a vast selection of promos and is always adding new deals, some for longer periods of time and some limited-time only.

Interested users can view promotions on the website, in their inbox, and through the email, they used to create their accounts.

What is the BetMGM Bonus Code?

There is no specific BetMGM bonus code required to activate the welcome bonus offer—just click here and you will be automatically entered into the deal as soon as you finish registering and meet the basic requirements.

Is BetMGM Legit?

Yes, BetMGM is one of the top sportsbooks in America for many reasons. Our BetMGM review confirmed the positive public sentiment regarding the profitable betting odds, elite customer service, and lucrative rewards for customers.

Does BetMGM Have a Mobile App?

Yes, BetMGM has a mobile app for both iOS and Android platforms. Customers can download these apps through the stores on their mobile devices or through a link on BetMGM’s website.

Does BetMGM Accept PayPal?

Yes, Paypal is one of several payments accepted by BetMGM. Customers should be aware that PayPal imposes fees against transactions, but it also sends funds quickly and safely. A full list of payment options is available in the chart above.

How Old Do I Need to Be to Bet With BetMGM?

Prospective BetMGM customers need to be 21 years old to register an account. Beyond that, customers also need to be in a state where BetMGM is legal, and if they want to redeem the welcome bonus, they may not already have an existing BetMGM account. Full terms and conditions can be found in the details under the welcome bonus. 

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