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- BetMGM Sportsbook bonus code offer: Get up to $1,500 in Bonus Bets
- BetMGM Sportsbook overview
- Tips on how to use your BetMGM bonus bets
- BetMGM Sportsbook promotions for existing users in July 2026
- In which states is the BetMGM Sportsbook sign-up offer available?
- Is the BetMGM Sportsbook promo code offer legitimate?
- BetMGM Sportsbook bonus code FAQ
- Final thoughts: BetMGM Sportsbook bonus code offers high value, rewarding experience
BetMGM Sportsbook bonus code offer: Get up to $1,500 in Bonus Bets
BetMGM offers a welcome bonus to all bettors joining the online sportsbook for the first time. The primary deal will fully refund your first bet, up to $1,500, if it loses.
So, if you sign up and place a first bet of $200 that loses, you will receive $200 in bonus bets. On the other hand, if your first bet wins, you will simply collect your winnings as normal and get a nice bankroll boost to begin your wagering journey with the "King of Sportsbooks."
You don't need to use a BetMGM promo code to claim this deal if you visit the site through one of the buttons on this page. Here’s a quick overview of the BetMGM first-bet refund offer:
- Bonus type: Losing bet refund
- Total amount: Up to $1,500 in bonus bets
- Minimum deposit: $10
- Minumum bet: $10
- Available states: AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MO, MS, PR, NC, OH, TN, VA, and WY (Other welcome offers available in MI, NV, NJ, NY, PA, and WV).
- Last verified: July 2026
New bettors at the site also immediately gain access to BetMGM Rewards and MGM Rewards, gaining access to two of the top loyalty programs in the industry.
Terms and conditions of BetMGM's $1,500 first bet refund
Any sportsbook promo is only as good as the terms and conditions that accompany it, and this is certainly true of the BetMGM first bet offer. So, here are the key terms to understand:
- You can only receive the BetMGM welcome bonus if it is your first time signing up with the online sportsbook. You cannot collect the sports welcome offer if you've already claimed the BetMGM Casino welcome bonus.
- No BetMGM Sportsbook bonus code is required to claim this deal. Sign up through one of the banners on this page.
- The minimum deposit is $10.
- The minimum qualifying bet is $10.
- Any unused BetMGM bonus bets expire after seven (7) days.
- There is a 1x playthrough requirement on BetMGM's bonus bets.
- You cannot withdraw bonus bet tokens. Winnings will become withdrawable.
- BetMGM bonus bets can be used on single bets, parlay bets, or same game parlays (SGPs).
Alternative BetMGM Sportsbook welcome bonuses
The BetMGM Sportsbook app is available in 20+ states, plus Washington, D.C., and Puerto Rico.
Players based in the following states receive alternate welcome bonuses:
- If you're located in Nevada, you will receive up to $250 in Bonus Bets if Your First Bet Loses.
- Bettors in Michigan, New Jersey, Pennsylvania, and West Virginia receive a Bet $10, Get $150 in Bonus Bets if Your First Bet Wins deal.
- New York bettors receive a Pro Football SGP Boost Token.
Pros and cons of the primary BetMGM sign-up offer
Now that you know what the BetMGM bonus code offer unlocks, here's a quick recap of the main pros and cons of this deal:
- Easy to activate
- High-value offer returning bonus bets
- Usable on all sports, bet types
- First bet refund only applies to losing bets
Editor's Note
Keep the BetMGM welcome bonus requirements in mind. You'll need to deposit at least $10 to qualify. And while you will receive up to $1,500 in bonus bets if your first bet loses, winning the first bet means you won't get a bonus at all. This is still the better outcome, as the funds in your account will be available for withdrawal immediately.
How to claim the BetMGM Sportsbook bonus code offer
To claim one of the best sportsbook bonuses, you won’t need a BetMGM promo code to get started. Instead, follow a few simple steps:
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Tap on any of the BetMGM links featured in the banners of this page to visit the site.
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Follow the links to download the BetMGM app to your iOS or Android device.
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Hit the 'Sign Up Now' button to start the account creation process.
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Fill in the registration form with your name, email address, and other requested personal information.
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Submit the form and verify your identity by sending the required documents to BetMGM.
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Navigate to the cashier section and deposit at least $10 with one of the accepted payment methods.
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Visit the sportsbook lobby and click on any betting market.
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In your bet slip, mark the wager with your First Bet Offer Token.
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If the bet loses, you will get your stake refunded by 100%, up to $1,500 in bonus bets, as soon as it settles.
BetMGM Sportsbook overview
Before you claim these BetMGM promos, it’s worth understanding what the brand is all about. You can check out our BetMGM Sportsbook review for a more in-depth look at this betting site.
Here are the key facts you need to know:
| BetMGM Sportsbook | What you get |
| 🏟️ Sports coverage | Football, basketball, baseball, hockey, soccer, tennis, MMA, alpine skiing, badminton, biathlon, cricket, cross-country skiing, cycling, darts, Formula 1, Gaelic games, golf, handball, lacrosse, NASCAR, rugby, ski jumping, snooker, table tennis, volleyball |
| 🧑💻 Customer support options | 24/7 live chat, email, phone, and FAQ |
| 🎦 Live streaming | Yes, for certain sports like tennis, table tennis, soccer, golf, and basketball |
| 🤑 Bet types | Moneyline, spread, total, halves, quarters, props, futures, parlays, same game parlays (SGPs) |
| 💸 Payment methods | Credit cards (Visa, Mastercard, Discover, American Express), PayPal, Venmo, Apple Pay, Skrill Play+, PayNearMe, VIP Preferred e-check, ACH bank transfer, wire transfer |
| ⏩ Withdrawal speed | Varies according to payment method, but typically between 6 hours and 3 business days |
| 📍 Legal states | AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY, DC, PR |
Tips on how to use your BetMGM bonus bets
The BetMGM welcome bonus is fairly straightforward. You won’t have to grapple with an Implied Probability Calculator or other betting tools to figure out how to use it. Still, here are a few tips to help get you started:
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You may be tempted to place a very large opening bet to receive the full possible value of this BetMGM promotion. However, it’s important to remember that your refund will be issued as bonus bets rather than withdrawable cash. You could lose with some of your bonus bets, so it can be smart to limit your qualifying wager and give yourself the best chance of not losing any money.
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These BetMGM Sportsbook promos have pretty strict time limits, as you only get seven days to use your bonus bets before they expire. As a result, it’s smart to sign up to get this deal when you know there are some sporting events that you’d like to use your bonus bets on. So if you’re a fan of football and nothing else, it might not be best to sign up to BetMGM in the middle of March.
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One of the best things about these BetMGM bonuses is that you’re free to use them on all single bets, parlay bets, and SGPs. You have the freedom to use your bonus bets on any prop bets or player props that add an extra dimension to any big game.
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Your bonus bets can also be used for live betting. This is good news because betting live can often lead to much greater odds variance than pre-match markets. Plus, many bettors just find it more enjoyable.
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Regardless of whether you’re making your qualifying bet or using a bonus bet, it’s always smart to play it safe. This means doing your homework and betting with your head, not your heart. After all, just because you have a losing bet refund doesn’t mean that losing your opening bet is going to be any less unpleasant. Bet responsibly, and do your best to make informed decisions.
BetMGM Sportsbook promotions for existing users in July 2026
Not only does BetMGM offer an excellent sportsbook bonus for new customers and several casino bonuses, but there are plenty of other deals for existing customers, too. Here are just a few examples:
- BetMGM Rewards: Long-running rewards program that gives you various real-world benefits for all of your betting. Engaging with the program can give you access to perks like hotel stays, dining, entertainment, spa visits, and more.
- Referral offer: Get $100 in site credits for each friend you get to sign up using your BetMGM referral code.
- Hat Trick Jackpot: Win up to $10,000 in bonus bets for making sports predictions.
When it comes to promotions, what BetMGM offers is in line with what you find at other top betting sites.
Editor's Note
It’s always smart to use sports betting promos with a fair amount of caution. After all, even top sportsbooks are going to be unwilling to give you something for nothing. So, be sure to read the fine print of these deals to fully understand what you are signing up for.
BetMGM Odds Boosts and Parlay Boosts
BetMGM has an excellent reputation for offering odds boosts and parlay boost tokens for the biggest sporting events.
Odds boost tokens are typically released for specific tournaments, primetime matchups, or specific leagues, giving you the freedom to pick which games and odds you want to use them on.
You'll receive BetMGM odds and parlay boosts for the NFL, March Madness, NBA playoffs, NHL playoffs, tennis grand slams, and several other events.
In which states is the BetMGM Sportsbook sign-up offer available?
You can register a new BetMGM Sportsbook account from any of the following states: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi (retail only; limited availability for mobile betting at venues), Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. You can also join BetMGM from Puerto Rico or Washington, D.C.
Is the BetMGM Sportsbook promo code offer legitimate?
Operating one of the best sportsbook apps in the country, BetMGM is a well-known, safe, trustworthy, and legitimate brand. The "King of Sportsbooks" is a reputable, licensed site that offers all industry-standard security features.
Editor's Note
The BetMGM welcome bonus is a solid offer, giving bettors up to $1,500 in bonus bets. However, while that offer is the headliner, the other promo offers — especially the BetMGM Rewards program — are also worth checking out. If you're joining BetMGM, remember to bet responsibly and double-check the bonus T&Cs.
BetMGM Sportsbook bonus code FAQ
No BetMGM Sportsbook bonus code is required to claim the sign-up offers listed throughout this page. Simply click through to the BetMGM site from one of our banners to receive the welcome bonus.
Yes, you can receive up to $1,500 in BetMGM bonus bets if you're located in one of the eligible states. You will need to place a qualifying wager of $1,500 and lose your first bet to receive the bonus bets.
Yes, the BetMGM Rewards program is among the top loyalty programs available to U.S. bettors. You will earn BetMGM Rewards Points that can be redeemed for various rewards.
Not currently, as you will usually be expected to make a qualifying deposit and place a bet before you get anything back from this sportsbook. Our BetMGM Casino review highlights a decent no-deposit bonus, but it is not available for the sportsbook product.
In most states, you must be at least 21 years old to sign up with BetMGM, which is the standard minimum gambling age in the U.S. Expect to verify your identity before you can redeem any BetMGM Sportsbook bonus code offer.
Final thoughts: BetMGM Sportsbook bonus code offers high value, rewarding experience
If you enjoy second-chance bets, the welcome bonus at BetMGM will be a very appealing option. There are a few sign-up offers available depending on your location, but the most widespread deal is a first-bet refund of up to $1,500.
When you claim this offer, keep in mind that the refund will be issued as bonus bets rather than cash. Like any welcome offer, the click-to-claim BetMGM Sportsbook bonus code comes with terms and conditions. You'll need to meet a 1x wagering requirement, and you only have seven days to use your bonus bets.
