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Use BetMGM bonus code YARDNEWS for $1.5K insurance on any game in 19 states

By Ian Firstenberg | Last updated May 31, 2024 12:16 PM ET

You can use the BetMGM bonus code YARDNEWS to sign up with one of the premier sports betting brands in the country and claim a $1.5K bet insurance offer.

If that's not to your liking, you can use the BetMGM bonus code YBNEWS1600 to claim a 20 percent deposit match with a $1,600 cap.

The bet insurance promotion is standard, you'll get the value of your first cash wager of the day back as bonus bets if you lose.

On the other hand, the deposit match promo is unique to BetMGM. Since it's a fractional deposit match, you'll get 20 percent of whatever you put down. Additionally, there's a 10x wager requirement with this promotion.

So, if you put down $100 in cash, you'll get $20 as sports bonuses. From that point you'll have 30 days to wager $200 in total or you'll forfeit the sports bonuses.

There are no specific wager requirements for either offer and, as long as you make a minimum $10 cash deposit to register your account, you're ready to bet.

To claim either of these offers you can use the hyperlinks above and input the bonus codes when prompted or click the relevant modules below.

User eligibility and sign up process

Must be new customer to claim either offer
21+ only
$10 cash deposit required
Residency not required (can play in legal state even if just visiting)
Any bonus bets earned are valid for seven days from distribution

How to sign up

Use the modules above or the hyperlinks and corresponding bonus codes to access one of the promotions
Input relevant personal details to establish your account (home address, birthdate etc.)
Review and approve T&Cs
Make a $10 cash deposit to activate your account (required min. for either offer)
You're ready to wager

Wagering with BetMGM

We'll outline the best use case of each offer in the subsections below.

The bet insurance promotion is ideal for an underdog market because you'll either win and collect a substantial profit or lose and recover the value of your cash stake as bonus bets.

Conversely, since the deposit match has a 10x wager requirement stretched over 30 days, you don't need to put down a hefty stake and can place small wagers periodically to maintain your eligibility.

$1.5K First Bet Insurance

Say you put down a $145 cash stake on the Oilers moneyline at +110:

With a win, you'd earn $159.50 in profit, plus you'd keep the original cash stake
If you lost, you'd get $145 in bonus bets credited to your account

20 Percent Deposit Match — $1.6K cap

If you set up a cash deposit of $120, you'd then get $24 in sports bonuses. In practice sports bonuses function as bonus bets.

From that point, you'd have 30 days to wager $240 in cash to maintain your eligibility. You could put that all down on one wager or chip away at the total over the 30 days, up to you.

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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