BetMGM Kentucky Promo Code - $1,500 Second Chance Bet

Written by: Jay Sanin
Updated October 1, 2023
14 min read

Kentucky sports betting is finally here, and one of the first online sportsbooks to launch is BetMGM. This site is one of the most favorably viewed in the United States, and Kentucky sports bettors will have a chance to find out why when they fire it up for themselves. 

One such reason is the BetMGM Kentucky promo, which bettors in Kentucky can use to claim a $1,500 Second Chance Bet when they sign up.

In this guide to the BetMGM Kentucky bonus, sports bettors can find out exactly what the new customer promotion at BetMGM entails and what else players can expect when they try this site out starting on September 28.

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BetMGM Kentucky Promo Overview

🎁 BetMGM Kentucky Promo CodeNone required - Use our exclusive link
💰 BetMGM Kentucky Sign Up Offer$1,500 Second Chance Bet
💲 Minimum Deposit$10
⭐ BetMGM WSN Rating9/10
📱 BetMGM Kentucky iOS App Rating4.8 with 164k reviews
📱 BetMGM Kentucky Android App Rating4.4 with 21k reviews
✅ Last Verified28 September 2023

BetMGM Kentucky Promo Code

BetMGM Kentucky Promo: Second Chance Bet Up To $1,500

One of the biggest new player bonuses in sports betting comes from BetMGM, and new customers in Kentucky can take advantage of it starting on September 28, 2023. At BetMGM Kentucky, new customers can utilize their second chance bet offer worth up to $1,500 when getting started with the app. That means peace of mind when placing an initial wager at this popular sportsbook.

The way this bonus works is simple. Bettors can claim the offer using the steps listed below, and place their first wager on the sporting event of their choice. If that bet wins, bettors will receive their winnings and can use them as they see fit. If that first bet does not win, BetMGM will reimburse that bettor the amount they lost, with up to $1,500 in bonus bets that can be used to try and pick a winner a second time.

With this promotion, the value depends on the amount of a player’s first bet. For example, if a bettor wagers $10 with their first bet and that bet loses, they will receive $10 in bonus bets to try again. If they wager $1,500, they will receive $1,500 in bonus bets which they can use to try and pick another winner.

If you can meet the maximum qualifying wager, this is the biggest sportsbook bonus in Kentucky right now.

How to Claim Your Bonus at BetMGM Kentucky

Claiming the BetMGM Kentucky bonus offer is incredibly straightforward. Bettors can simply follow the list of steps below to register for an account and get their hands on this second chance bet promotion when they register for an account in the Bluegrass State.

  • Follow this link to go to our BetMGM Kentucky offer page

  • Click the Register button once you arrive on the site and follow the prompts to complete your registration

  • Deposit $10 or more and place a first bet of at least $10. Remember, the value of your first wager will be the value of your bonus should your bet lose.

  • If that bet loses, you will automatically be credited with bonus bets equal to the value of your first bet up to $1,500.

More BetMGM Promos Available In Kentucky

Along with the second chance bet offer that is up for grabs from BetMGM in Kentucky, there are several other promotions that bettors can utilize at this sportsbook. These additional promotions are not reserved just for new customers, but could be available well after a player takes advantage of the sign-up offer, creating added value well into a player’s time as a BetMGM customer.

Free to Play Bonus Games

Regularly throughout seasons like the MLB or NFL campaigns, BetMGM will offer players the ability to take advantage of a number of free to play games that can yield bonuses. With these games, players can choose from a number of options, such as what move to make a computer generated football player make, that can yield anything from profit boosts to bonus bets that can be used on upcoming games.

Odds Boost Tokens

Another great way that BetMGM Kentucky rewards its customers is through the use of odds boost tokens in various sports. Bettors can use those tokens to increase their potential payouts in specific sports, or in any sport, depending on the terms of each of these boost tokens. This can add some major value to betting with BetMGM compared to their competition.

Refer a Friend

Like most sportsbooks, BetMGM Kentucky does have a Refer a Friend program that is worth taking a look at. With this program at BetMGM, bettors can refer their friends to play on this site, and receive up to $100 in bonus bets for each referral they bring in. Those bonus bets can be used on any number of sports, and add some value for players who bring those they know into the fold at this site.

What We Like About BetMGM Kentucky

There are so many things to like about BetMGM Kentucky, justifying its status as one of the most popular sportsbooks in the industry today. New customers in Kentucky will love the following features, which make playing at this app easy and fun, from the time they start and well beyond that point.

Easy Parlay Creation Tools

Parlay betting is incredibly popular, as it affords bettors the chance to turn a small risk amount into a large payout if everything breaks the right way. BetMGM Kentucky makes parlays incredibly easy to assemble with their Easy Parlay tools. With those tools, bettors can access all of the games going on in major sports leagues from one place, and can tap their screen just a few times to assemble their parlay without having to go to each sport’s home page individually.

High-Quality App Experience

The Easy Parlay interface is just one thing that makes the BetMGM Kentucky app so good compared to other mobile sports betting apps on the market. The presence of features like live streaming of select sporting events and the ability to access all of your available promotions with just one tap make this one of the most convenient sports betting experience in Kentucky or anywhere else in the United States.

Great Loyalty Program

One huge advantage BetMGM Kentucky has over its competition is the presence of a loyalty program that can leverage the rest of what the MGM brand has to offer. Bettors can enjoy perks like bonus bets or discounts on hotel stays and meals at MGM Resorts properties. While other sportsbooks do not have those kinds of facilities to award those perks, BetMGM makes sure their loyal players are well taken care of.

Reliable Withdrawals of Funds

At the end of the day, all sports bettors want to win so they can withdraw their funds and use them as they please. BetMGM Kentucky makes this incredibly easy, as their withdrawal process is fast and consistent. They offer a series of withdrawal options, all of which provide bettors with a way to receive their funds in a timely fashion.

Banking Options at BetMGM Sportsbook in Kentucky

In order to play at BetMGM, bettors need to deposit funds, which they are able to withdraw after wagering with them. Below is a list of the different deposit and withdrawal options that are available at BetMGM Kentucky, which allow for prompt financial transactions so bettors do not miss a beat.

Deposit Options

  • Credit Card
  • Debit Cards
  • Bank Transfer
  • Venmo
  • Cash App
  • Prepaid Cards

Withdrawal Options

  • Debit cards
  • Bank transfer
  • Venmo
  • Cash App
  • Prepaid Cards

How to Make the Most Of BetMGM Sportsbook Promos in Kentucky

When taking advantage of the BetMGM Kentucky bonus offer listed above, there are a couple of key items to keep in mind to get the most of the offer. Bettors who follow the below pieces of advice will give themselves the best chance to use this offer to their advantage, and possibly without needing to get the second chance bet involved.

Focus On Familiar Sports

The most important thing a bettor can do when taking advantage of this promotion or any sports betting promotion is to stick to sports and betting markets that bettors understand. While it may be tempting to branch out into other sports or prop markets, doing so could increase a bettor’s risk when using this promotion. Bettors should wait until they find an opportunity to bet on something they know well when taking advantage of this promotion.

Bet Responsibly

Bettors should also be sure to use this second chance bet promotion responsibly. While the maximum bonus amount available here is $1,500, there is no requirement to place a $1,500 bet with your first wager at BetMGM Kentucky. The minimum bet amount to be eligible for this bonus is $10, and bettors should wager anywhere between $10 and $1,500 depending on what is financially responsible for them.

BetMGM Kentucky Promo Terms and Conditions

When taking advantage of the BetMGM Kentucky promotion, there are a few key terms and conditions that bettors should be aware of. Below is a list of the key terms and conditions that bettors have to observe to be eligible to take advantage of what BetMGM is offering in Kentucky from their launch in the state.

  • No promo code is needed to utilize this bonus offer
  • Minimum deposit of $10 is required to use this bonus
  • Minimum first bet of $10 is required
  • Bettors will only receive bonus bets if their first bet does not win
  • Bonus bets must be wagered once for winnings to be eligible for withdrawal
  • Bonus bets expire within seven days of receiving them

Alternatives to BetMGM in Kentucky

BetMGM is one of the sportsbooks that has launched in Kentucky on the initial launch date of September 28, 2023. But it is not the only sportsbook that launched on that day. Below is a comparison between BetMGM and some of the other top sports betting options in Kentucky.

Top AlternativesDraftKingsbet365BetMGM
Welcome Offer$200 in Bonus Bets for $5Bet $1, Get $365 in Bonus Bets$1,500 Second Chance Bet
Promo CodeNone requiredWSN365
  • None required
Our Rating10/109/109/10
iOS App Rating4.84.84.8
Android App Rating4.64.64.3
Banking Options- Bank Wire Transfer
- Cash at Cage
- Cash at Retail Stores
- Credit Card
- Debit Cards
- DraftKings Gift Card
- Electronic Gift Card
- Online Banking
- PayPal
- Play+ Prepaid Card
- Venmo
- VIP Preferred
- Visa Debit/Credit Card
- Mastercard Debit/Credit Card
- PayPal
- Online Banking
- PayNearMe
- Skrill
- Paysafecard
- Cash Cage at retail casino partner
- Credit Card
- Debit Cards
- Bank Transfer
- Venmo
- Cash App
- Skrill
- Cash at Cage
- Prepaid Cards
Min. Deposit$5$10$10
Online SinceSeptember 28, 2023September 28, 2023September 28, 2023

What You Can Bet On at BetMGM KY Sportsbook

Launching just in time for NFL Week 4, sports bettors in Kentucky can place their first bets on some fantastic matchups this weekend. Here is the full slate along with the point spreads for every game.

  • Atlanta Falcons (+3) at Jacksonville Jaguars (-3)
  • Miami Dolphins (+2.5) at Buffalo Bills (-2.5)
  • Denver Broncos (-3.5) at Chicago Bears (+3.5)
  • Baltimore Ravens (+2.5) at Cleveland Browns (-2.5)
  • Cincinnati Bengals (-2.5) at Tennessee Titans (+2.5)
  • LA Rams (+1) at Indianapolis Colts (-1)
  • Tampa Bat Buccaneers (+3.5) at New Orleans Saints (-3.5)
  • Washington Commanders (+8.5) at Philadelphia Eagles (-8.5)
  • Minnesota Vikings (-4.5) at Carolina Panthers (+4.5)
  • Pittsburgh Steelers (-3) at Houston Texans (+3)
  • Las Vegas Raiders (+6.5) at LA Chargers (-6.5)
  • New England Patriots (+6.5) at Dallas Cowboys (-6.5)
  • Arizona Cardinals (+14) at San Francisco 49ers (-14)
  • Kansas City Chiefs (-8.5) at NY Jets (+8.5)
  • Seattle Seahawks (-1.5) at NY Giants (+1.5)

There is a truly massive amount of sports to bet on at BetMGM Kentucky, which is one of the main reasons that betting there is so popular. Below is a list of the different sports that bettors can get involved with at this site, as well as the different types of betting markets that are up for grabs there.

Available Sports to Bet On

  • Baseball
  • Basketball
  • Boxing
  • Football
  • Formula 1
  • Golf
  • Hockey
  • MMA
  • NASCAR
  • Rugby
  • Soccer
  • Tennis

Available Betting Markets

  • Spread
  • Moneyline
  • Total or Over/Under
  • Futures
  • Props
  • Parlays
  • Teasers

Teams to Bet On at BetMGM Kentucky Sportsbook

Every state has its favorite teams, and Kentucky is no exception despite a lack of top-tier professional sports teams in the state. Below is a list of the most popular sports teams in the eyes of Kentucky sports fans, from in-state college programs to professional teams that reside outside of the state.

  • Kentucky Wildcats: One of the most successful college basketball programs ever, the Kentucky Wildcats are always among the favorites to win the NCAA Tournament going into a given season.
  • Louisville Cardinals: Louisville has become more of a football school than a basketball school in recent years, thanks to players like Lamar Jackson, but the Cardinals always have the potential to be dangerous both on the gridiron and the hardwood.
  • Western Kentucky Hilltoppers: Western Kentucky is known for its high-flying aerial offense in football, which recently produced an NFL quarterback in Bailey Zappe, who saw first-string game action for the New England Patriots in 2022.
  • Louisville City SC: Betting on USL Championship level soccer is not as popular as betting on MLS in the United States, but Louisville City is the highest-level pro team in this state.
  • Indianapolis Colts: The Indianapolis Colts are relatively close to Kentucky’s borders, and are one of the most popular professional sports teams among residents of Kentucky.
  • Cincinnati Bengals: Another popular NFL team in Kentucky is the Cincinnati Bengals, thanks to Cincinnati, OH being so close to the Kentucky border.
  • Indiana Pacers: In the NBA, the Indiana Pacers are the closest thing most Kentucky sports fans have to a local team, even though college basketball is king in this state.
  • Cincinnati Reds: There is a reasonably close MLB team to the state of Kentucky as well, that being the Cincinnati Reds, who have seen better days.

BetMGM Kentucky Futures Bets

As legal sports betting launches in Kentucky, there are a few key futures betting markets worth monitoring at BetMGM. Below are the odds for the Kentucky Wildcats and Louisville Cardinals to win the upcoming national championships in college football and men’s college basketball.

Futures BetDraftKings Odds
Kentucky Wildcats to win the 2023 College Football Playoff+25000
Louisville Cardinals to win the 2023 College Football Playoff+25000
Kentucky Wildcats to win the 2024 NCAA Men’s Tournament+1400
Louisville Cardinals to win the 2024 NCAA Men’s Tournament+25000

History of BetMGM In Kentucky

The history of BetMGM Kentucky is still being written, as the site is just launching in the Bluegrass State as of September 28, 2023. Sports betting as a whole was made legal in the state in March of 2023, when legislation was passed clearing the path for online sports betting to become a reality. The legal launch of sportsbooks like BetMGM, FanDuel and DraftKings Sportsbook will have a positive impact on the state as a whole, as tax revenue from those legal betting transactions can be used to benefit the state in ways they could not before legalization occurred.

Verdict

BetMGM boasts the most valuable welcome bonus in Kentucky and is one of the nation's favorite sportsbooks overall. Don't miss your opportunity to get up to $1,500 in second chance bonus bets. Sign up today and claim your bonus.

BetMGM Kentucky FAQ

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Is BetMGM legal in Kentucky?

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Jay Sanin

Sports Betting Analyst & Content Specialist

Expertise:
NFL
MLB
Betting Picks
Online Sports Betting
Jay Sanin is a sports bettor and writer from New York. He has been handicapping since the moment he was old enough to gamble legally, with his specialties being niche sports like the WNBA and XFL. He’s been told he has a voice for radio. He also has a face for radio.
Nationality: American
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Favourite Sportsbook: Borgata Sportsbook
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Experience:
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