Owen Ziliak/The Republic / USA TODAY NETWORK

BetMGM bonus code YBNEWS1600 unlocks 20% deposit match for WNBA, MLB, Euro '24, any game

By Ian Firstenberg | Last updated Jul 4, 2024 8:00 AM ET

Sign up with one of the best sports betting apps in the country using the BetMGM bonus code YBNEWS1600 and claim a 20 percent deposit match — capped at $1,600 in bonus bets. You can quickly activate this offer with this link.

Notably, the BetMGM bonus code YBNEWS1600 promotion has a 10x playthrough requirement. So if you deposit $200 in cash, you'd get $40 in sports bonuses. From there, you'd have 30 days to wager $400 (40 x 10) in cash, in order to meet the wagering requirement and withdraw any winnings.

This welcome promotion is now valid 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).

Beyond that welcome offer, you can sign up with the BetMGM bonus code YARDNEWS to unlock a $1,500 first bet insurance offer. That promotion, like the deposit match, is valid in the 19 states listed above.

Claim the bet insurance offer by clicking this link.

We'll review some of the best betting options you can use with the BetMGM bonus code in the paragraphs below.

The best way to use the BetMGM bonus code

The WNBA is in full swing, there's a ton of MLB action, plus the Euro 2024 tournament picks back up on Friday. Thus, there are several different ways to use the BetMGM bonus code offer.

It begs the question, what's the best market?

Given that the deposit match has a required 10x playthrough, you'll need to either consistently wager over the next 30 days or just take it down all at once. Let's say you deposit $100 in cash. You'd get $20 in sports bonuses credited to your account. From that date, you'd have 30 days to wager $200 in cash.

So you could focus on the WNBA matchup between the Connecticut Sun and the Minnesota Lynx. A $200 cash bet on the Sun moneyline at +110 would net you $220 in profit with a win. Plus, you'd meet the wagering requirement.

With the first bet insurance offer, you can maximize your value with a cash wager on an underdog market. So the moneyline market above would work well too. If your wager hits, you won't get any bonus bets but you'll collect a substantial profit. If your bet loses, you'll get the value of your cash stake back as bonus bets.

Sign-up steps at BetMGM Sportsbook

Use one of the links or modules above to access the BetMGM new user registration page.
Select your state to create a new account.
Fill out all relevant info and be sure to include the bonus code for the sign-up offer you want to claim.
Review promo T&Cs
Make cash deposit to activate your account
Place your first cash wager

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.

More must-reads: