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BetMGM bonus code YARDNEWS: $1.5K bet insurance for any game in 19 states

By Ian Firstenberg | Last updated May 17, 2024 8:47 AM ET

BetMGM, one of America's premier sports betting brands, currently has two available offers in 19 states.

You can sign up with the BetMGM bonus code YBNEWS1600 to claim a 20 percent deposit match with a $1,600 cap. Otherwise, you can use the BetMGM bonus code YARDNEWS to unlock a $1.5K bet insurance offer.

With the deposit match offer, you'd need to put in $8,000 total in cash to max out. Whatever you deposit, you'll get 20 percent of that value credited to your account as sports bonuses, which function the same way as bonus bets. Additionally, that offer has a 10x wager requirement over the first 30 days.

The bet insurance offer is straightforward, you'll get the value of your first cash bet credited back to your account if you lose.

Both promotions are accessible for new customers in 19 states (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY).

BetMGM bonus code offers

YARDNEWS: $1.5K bet insurance, available in AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY

YBNEWS1600: 20 percent deposit match up to $1.6K, available in AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY

Signing up with BetMGM

Eligibility

Must be 21 or older to claim either offer
Must be present in a legal state (residency not required)
Only new customers are eligible
Cash deposit is required to register your account

Steps for sign up

Use the hyperlinked codes or modules above to initiate the sign up process
Review and approve the T&Cs of your selected promotion
Make a cash deposit to register your account
Either collect your sports bonuses from deposit match or place an initial cash wager w/bet insurance
You're ready to wager

Wagering with BetMGM

Both these offers can be useful for new customers depending on what you're looking for.

The bet insurance offer is well-suited for players willing to put up a big stake on an underdog. If it hits, you'll collect a substantial profit. If you lose, you'll get the value of your wager back as bonus bets.

Say you put down $360 in cash on the Knicks moneyline at +180. A win would earn you $648 in profit. With a loss, you'd get $360 in bonus bets.

Since it's a fractional deposit match, you'll get 20 percent of the value of your cash stake. So if you put in $120 in cash, you'll get $24 in sports bonuses credited to your account. From that point, you'll have 30 days to meet the 10x wager requirement. In this case, you'd need to bet $240.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, 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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