BetMGM: Bet $5 and Get $158 in Bonus Bets
BetMGM is among the top online betting sites for players, offering a welcome sports promotion of up to $158 in bonus bets. This bonus amount may vary across states or regional sportsbooks outside the US, so please check the specific terms for your locality.
BetMGM’s main sports welcome bonus is structured as a Bet and Get offer. It involves signing up, downloading the BetMGM app on your mobile device, and placing a first deposit and bet of $5 on odds of -200. We rate this bonus as generous since it doesn’t matter if your bet loses or wins to get your bonus bets. Now let’s look at how you can start and use the bonus to its fullest.
BetMGM Bonus Unleashed: Betting, Boosted
Curious to know how to use the bonus and how to qualify for it? Here, we highlight key terms like minimum odds, minimum deposit, rollover requirements, and more. We have to caution, though, that you should always check the small print because BetMGM terms and conditions can change regularly.
- Sign Up: Visit BetMGM’s homepage or download the app. Click the “Register” button and fill out the necessary personal details – name, email, the last 4 digits of your Social Security Number (SSN), date of birth, username, password, mobile number, and residential address – to create your new account.
- Security: Set two security questions and answers, and agree to the website terms and conditions to confirm your new account.
- Select the Bonus Offer: During registration, you’ll have the option to choose the welcome bonus offer. Make sure you tick this box.
- Deposit Funds: Go to the “Deposit” section when your account is active. Then, decide how much you want to deposit, ensuring to deposit at least $5.
- Place your First Bet on the App: Find a suitable bet selection for your initial qualifying bet. Be sure you’re placing the bet from the BetMGM app, not on their main page, and make sure you meet the minimum odds.
- Receive your Bonus: After you place our first qualifying bet, your account will be credited with your bonus funds instantly!
- Use your Bonus Bets: When using your bets, be sure to tap “Apply Bonus Bet” to activate it and ensure you aren’t betting with other real money funds.
Using Your Sports Bonus: Quintessential Tips
In the top online betting sites available, this offer is among the newest promotions on offer for new customers. Here are quick tips for how to use the BetMGM bonus.
Research what first bet you intend to place. Although it doesn’t matter if your bet wins or loses, you should still try to get as much value from your first qualifying bet as possible. Don’t just throw your bet away on anything
Once your bonus bets get credited, they will be eligible for 7 days. Make sure you use the bets within that time period, as a week can pass by quickly.
To qualify for the first bet offer bonus, your first deposit and bet must be at least $5. Of course you can deposit more than that if you plan to place more bets, but note that this is not a matched deposit offer, so depositing more won’t get you more.
Using a “Cash Out” or “Auto Cash Out” feature will invalidate the bonus for both qualifying bets and bonus wagering bets. So let your bets run and avoid the temptation to use cash out.
Your bonus bets come in three individual bets that cannot be split up amongst various wagers, so it’s important how you allocate your bonus funds.
Demystifying BetMGM Bonuses: Your Questions Answered
BetMGM is an exciting sports bookmaker and with their customer base expanding, users have a variety of questions about the welcome offers for sports. Here we detail a selection of handy FAQs:
✅ Does BetMGM have promotion codes?
It’s best to check your specific region for applicable BetMGM bonus codes. BetMGM may introduce specific BetMGM bonus code offers in the future to meet customer needs.
💡 Does BetMGM offer other sports promotions?
Find other BetMGM offers in addition to their welcome offer. Check the website’s “Promotions” menu for full details of offers like football first TD best odds, gameplay variety, refer a friend and more.
ℹ️ How does the bonus work on BetMGM?
Register as a new player. Download the app and place your first $5 sports bet with your first deposit. Win or lose, you’ll receive $158 in bonus bets, no BetMGM promo code needed.
📜 Does BetMGM bonus have a wagering requirement?
Any wagering terms vary between each region, so check the terms on your relevant T&Cs page. In most US states, for example, the bonus does not have wagering requirements, but your qualifying bet must be placed at standard odds of -200.
⛔ What happens if you drop a bonus on BetMGM?
If you opt not to claim a bonus, the bonus amount will be removed from your account.
BetMGM’s Dynamic Sports Deals and Loyalty Rewards
After the initial welcome bonus, BetMGM offers a suite of regular reload offers. At present, we did not see any BetMGM promo codes to claim any of them. Let’s look at the finer details of the loyalty program and existing user betting offers.
BetMGM Rewards
Place sports bets on the BetMGM sportsbook or BetMGM app to build up BetMGM Rewards Points. Collect tier points with each bet and get special rewards, from first bet offers, special customer support, and land-based sportsbook perks to your own dedicated VIP Host. Check out basic tier and reward information in the chart below:
| Birthday Bonus Bet | First Bet Anniversary Bonus Bet | Point Bonuses | Premium Customer Support | Expedited Window Service at Resort-based MGM Sportsbooks | Dedicated VIP Host | |
|---|---|---|---|---|---|---|
| Sapphire (up to 19,999 points) | ✅ | ✅ | ||||
| Pearl (20,000+ points) | ✅ | ✅ | ✅ | |||
| Gold (75,000+ points) | ✅ | ✅ | ✅ | ✅ | ||
| Platinum (200,000 points) | ✅ | ✅ | ✅ | ✅ | ✅ | |
| Noir (Invitation Only) | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
You can even participate in unique sports offers to gather more points and credits:
| How To Qualify | Reward Offered |
|---|---|
| Bet $100+ on a Straight Bet. (minimum odds -110) | Get at least 20 BetMGM Rewards Points (or more, with higher odds) and 20 Tier Credits |
| Bet $100+ on a Parlay bet (minimum odds +300) | Get at least 50 BetMGM Rewards Points (or even more, with bigger odds) and 50 Tier Credits |
Additional Reload Promotions
If you don’t think you’ll be betting enough to climb the loyalty tiers steadily, don’t worry. There are other BetMGM offers to choose from for more casual bettors:
| BetMGM Reload Offers | Type of Offer | What’s on Offer |
|---|---|---|
| Select Your Squad | Freeplay | To be confirmed |
| Football Survivor Pool Challenge | Freeplay | $100,000 grand prize |
| 8-bit Barry | Freeplay | Random prizes |
| Top First Touchdown Odds | Enhanced odds | Best odds on first TD betting |
| College Football Bowl Pick ‘Em Challenge | Freeplay | Up to $25,000 |
| Refer a Friend | Referral | $100 cash bonus. Maximum 20 referrals. |
| Touchdown in Vegas | Reload offer | Weekly prize package / grand prize |
| Million Dollar Playoff Football Challenge | Freeplay | Prize Pool of C$1,000,000 in Bonus Bets |
| Big Game Bash Sweepstakes | Reload offer | Prize package for Las Vegas in Super Bowl weekend: C$500 resort credit, 3 nights at MGM Grand, C$1,000 for travel expenses |
Be sure to read the T&Cs of each offer you find, as they are subject to change over time.
BetMGM Sports Bonus
BetMGM Bonus Offer Overview
BetMGM sports welcome bonus is unique. Whether your first qualifying bet wins or loses, you’ll instantly get credited $158 in bonus bets as soon as you place your wager. This bonus is triggered by a low-deposit minimum bet of just $5. It’s a high-value, customer-focused bonus that gives you plenty of betting flexibility. You only need to play through this bonus once, so it offers a good chance to sample BetMGM sports.
Our Test of the BetMGM Bonus
The registration process for BetMGM’s new player option is straightforward and user-friendly. Personal detail submission is uncomplicated, and the sports welcome offer appears generous with clear terms. The bonus terms necessitate a minimum deposit and bet of $5 when using the BetMGM mobile app, making it accessible to most bettors who have access to a mobile device.
There were no discernible market restrictions for bonus bets, making it convenient to select a basketball Moneyline market at standard odds of -200. The first steps are effortless, provided one adheres to the simple terms of selecting either a single or parlay bet type.
Withdrawing Your BetMGM Bonus Funds
BetMGM’s bonus is user-friendly and comes with straightforward terms. Once you qualify for the welcome offer with your first $5 sports bet, you can convert your bonus into withdrawable funds by betting once on sports with all your bonus bets.
Like most bonuses, you will only be able to walk away with the winnings generated from your $158 in bonus bets. The actual stake itself won’t be included. Be sure not to use the cash out feature either.
Remember that you can’t redeem your bonus bets or withdraw them.
Your Success Guide to Navigating BetMGM’s Common Challenges
Claiming the BetMGM bonus can be a rewarding experience when done right. There are some additional things to be aware of when using the offer:
- Your bonus bets should be credited to your account within 24 hours of placing your first qualifying bet. If they don’t appear, contact customer service to find out what could have gone wrong.
- Note that your $158 in bonus bets come as a package of 3 bets: two $50 bets and one $58 dollar bet. In addition, each bet has to be used as either a straight bet, a parlay, or a same game parlay; no splitting is allowed.
- You don’t have to sign up initially on the app, but you must remember to make sure you place the first bet on the app directly. Thus, we recommend starting everything via the app if you can to avoid confusion.
- Apart from cash out, be sure to also avoid tokens involving odds boosts, parlay boosts, same game parlay boosts, bet insurance and Bet & Get when placing your qualifying bet.
Our BetMGM Bonus Verdict
BetMGM has a worthwhile sign-up bonus. The terms are straightforward and easy to understand, as the bonus only requires placing a small qualifying bet to reap the benefits of $158 in bonus bets. While you will have to use those funds in three solid bets, your market selections are pretty wide open, making it a very lenient bonus that paves the way for some potential winnings.
Overall, BetMGM offers a simple yet professional betting experience, from sign-up to regular sports betting; just don’t forget to place your bet directly from the app itself. If you are looking for a trusted online bookmaker with no complicated terms and conditions, take a look at BetMGM’s sportsbook.
BetMGM Verdict: The Last Word in Sports Betting Excellence
Our BetMGM bonus review rates the sign-up bonus as excellent, and here’s why. The $158 bonus is ideal for beginners or experienced sports punters, with a minimum low deposit and bet of $5 or more from the BetMGM app. The best part is that the outcome of your qualifying wager doesn’t affect your bonus bets at all!
Overall, we consider BetMGM to be a reliable bookmaker. Additionally, to the welcome offer, you can take advantage of a unique set of ongoing offers, such as gameplay variety and boosted odds. These BetMGM offers have few restrictions on bonus usage, making them accessible to many. Be sure to check out BetMGM for top sports betting action and explore our BetMGM review for more information on this bookie.
Popular BetMGM Offers Questions Answered
🏴Are there any bonus codes for BetMGM?
You can check your country-specific BetMGM promotions page for possible bonus codes to use, but the welcome offer does not require any codes.
🫴Does BetMGM have ongoing sports offers?
Yes, there are tons of sports offers at BetMGM. View the BetMGM online “Promotions” section for details and terms of current offers.
🏅How do I enrol for BetMGM Rewards?
Registration on the BetMGM sportsbook gives you automatic entry into the BetMGM Rewards program.
💲Does BetMGM pay out real money?
Yes. While there are certain wagering requirements when it comes to bonuses and promotions, any winnings can be withdrawn as real money.
▶️What are the wagering requirements for the BetMGM bonus?
When a BetMGM sports bonus is credited, it needs to be bet through 1 time on a single or parlay sporting selection. Please see your local website for a list of eligible sports.
