
BetMGM is one of the most popular sports betting apps in the country and currently has a dual offer structure for players in 20 states (AZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY).
Sign up with the BetMGM bonus code YBNEWS1600 to get a 20 percent deposit match with a $1,600 cap. That means if you deposit $200 in cash, you'll get $40 in sports bonuses credited to your account.
Additionally, that offer has a 10x wager requirement over 30 days so you'd need to bet $400 in cash based on the example above.
Get started with this BetMGM bonus code promotion using this link or the module below.
On the other hand, you can use the BetMGM bonus code YARDNEWS to unlock a $1.5k bet insurance promotion. So, whatever cash stake you place, you'll get that value back as bonus bets if you don't win.
Activate that BetMGM bonus code offer with this link or the relevant module below.
Both of these offers have distinct structures and thus are well-suited to specific markets. Thus, we've provide an overview of some potential wagers and touched on the key terms to keep in mind when claiming either offer, in the paragraphs below.
Deposit match offers are engaging and require consistent play as most of these kinds of offers, including this one, have a wager requirement over a certain amount of days.
Notably, this offer has a $1,600 deposit match limit which means that the most you can deposit and still collect is $8,000.
That said, if you deposited say $400 in cash, you'd then get $80 in sports bonuses. From that point, you'd have 30 days to wager $800 in total.
So, if you wanted to take a chunk out of the wager requirement, you could put down $400 in cash on the Diamondbacks moneyline at -164. With a win, you'd get $243.90 in profit plus you'd keep your original cash stake. If you don't win, you're still half way to meeting your wager requirement.
Given the structure of this offer, you can get the most value with a bet on an underdog market. That way, you'll either maximize your potential profit with a win or collect the bonus bets if you don't win.
So, say you put down $320 in cash on the Nationals moneyline (+139) against the Diamondbacks (-164). With a winning wager, you'd get $444.80 in profit plus you'd keep your original cash stake.
If that first bet didn't win, you'd get the value of your first cash stake (in this case $320) back as bonus bets.
- To claim either offer, you must be present in a legal BetMGM state and 21 or older.
Notably, you do not need to be resident of a legal state, so long as you're within the borders of a state that allows online sports betting, you'll be able to sign up and wager. Once you return to your home state, you'll be able to withdraw any winnings but won't be able to bet.
- Sports bonuses (the credits distributed as part of the deposit match) function the same as bonus bets.
-Only new customers are eligible for either BetMGM bonus code offer, if you've signed up with the sportsbook before, you won't qualify.
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.
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