BetMGM Bonus Code YNEWS1500: Score one of three offers for any sport

BetMGM Bonus Codes by State

NJ, Pennsylvania, Michigan, West Virginia: All three offers

AZ, CO, IN, IA, IL, KS, LA, MA, MD, OH, TN, VA & WY: Deposit match and first bet insurance only; no bet/get $200.

Kentucky: First bet insurance only

New York, Nevada & Washington D.C.: No offers available

How Each BetMGM Offer Works

Let's run through each offer available right now at BetMGM:

YNEWS1500 (20% deposit match): This offer requires you to actually bet at BetMGM, not just take the promo and run.

You'll get 20% extra in bonus bets on top of whatever you deposit. So if you deposit $1,000, you'll get $200 in bonus bets.

But you must wager 10x your bonus amount in your first 30 days on the platform, or you lose your bonus bets and any profit from them. So in this case, with $200 bonus bets, you'd have to wager $2,000.

That's not a massive amount if you deposited $1,000 and plan on wagering regularly at BetMGM. But if you don't, it will be tough to hit that 10x mark.

YNEWSGET (bet $10, get $200): This is the most popular type of offer in sports betting (for bettors, anyway, not the operators) -- bet a little, get a few hundred in bonus bets.

YARDNEWS (first bet on the house): This functions as a "no sweat first bet" or "first bet insurance." Different books call it different things.

If you lose your first bet, you'll be refunded in bonus bets equal to whatever you lost, up to $1,500.

Signing Up at BetMGM

1. Download the BetMGM app from the App Store
2. When asked for a bonus code at checkout, enter YNEWS1500, YNEWSGET or YARDNEWS.
3. Make a $10+ deposit using any payment method, but debit card is generally more reliable than credit card.
4. Either make your first bet maxed to $1,500 if you take the insurance, or $10+ if you take the bet/get. If you take the deposit match, it won't matter how much you make your first bet for. But your first deposit does matter -- that's the only one that will get matched.