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New customers can claim the BetMGM promo and qualify for a First Bet Offer to get up to $1,500 in bonus bets with a losing first bet settled on BetMGM Sportsbook.
Place a qualifying cash wager, anywhere from $10 to $1,500, and if it loses, receive matching bonus bet credits to wager as a newly registered player of BetMGM Sportsbook.
Explaining the BetMGM promo
The BetMGM promo is a first-bet welcome offer that is one of the best sportsbook promos in Michigan. Sports bettors can maximize their return with a losing first bet settled on BetMGM, getting up to $1,500 in total bonus bets to wager.
All other licensed and regulated online sportsbook operators in Michigan with first-bet welcome offers max out at $1,000 or $500, while this BetMGM promo goes up to $1,500, issuing multiple bonus bet credits with a qualifying cash wager of $50 or more.
Terms and conditions
- Who is eligible?
- Anyone who is at least 21 years old, a first-time customer of BetMGM Sportsbook, and physically present in Michigan qualifies to claim the BetMGM promo.
- What is the minimum deposit?
- The minimum deposit is set to $10 on BetMGM Sportsbook.
- Are minimum odds enforced on the qualifying bet to access the BetMGM promo?
- Yes, minimum odds of -10000 or longer (-500, +100, etc.) are required when placing a qualifying bet to access the BetMGM promo for its $1,500 first-bet welcome offer.
- When do bonus bets expire?
- Bonus bets expire after seven days on BetMGM.
- Is there a playthrough requirement?
- No, there is no playthrough requirement attached to bonus bets on BetMGM. Make a withdrawal from your BetMGM online sportsbook account’s cash balance at any time.
- Does a bonus bet get returned with any winnings earned?
- No, staking a bonus bet on a winning wager only returns additional earnings, excluding the bonus bet credit staked on BetMGM Sportsbook.
How to access BetMGM Sportsbook promotions
New and existing customers on BetMGM Sportsbook can access several recurring promotional offers on mobile app and desktop site.
On the BetMGM app, tap on the Promotions icon located along the bottom toolbar. Or, tap on the Home tab and swipe through a horizontal side-scroller containing all of the latest promos to opt-in and claim.
It’s a similar process on BetMGM Sportsbook’s desktop site. The horizontal side-scroller menu containing all of the latest promos is available after clicking on the Home tab, located directly below the header containing various sports betting markets. There’s also a ‘Promotions’ tab with a gift icon that loads the latest sports promos to claim.
BetMGM promo details
The BetMGM promo code is a $1,500 First Bet Offer that can be claimed after registering a new BetMGM Sportsbook account. This provides access to your First Bet Offer Token, which expires after seven days.
Make an initial deposit of at least $10 using any preferred banking method, then place your first bet with the First Bet Offer Token applied. If your first bet loses, you’ll get up to $1,500 back in bonus bets.
A qualifying first bet of less than $50 returns a single matching bonus bet, while a first bet of $50 or more yields five matching bonus bet credits, each worth 20 percent of the total stake placed on a losing first bet on BetMGM Sportsbook.
BetMGM promo terms and conditions
There is a limit of one First Bet Offer to claim per BetMGM customer. Apply a First Bet Offer token to any bet on any sport, with minimum betting odds of -10000. The First Bet Offer Token expires after seven days.
Bonus bets each contain a seven-day expiration date and cannot be divided into smaller denominations or split across multiple wagers. Each bonus bet can be placed as one straight bet, one parlay, or one Same Game Parlay on BetMGM.
Bonus bet credits cannot be withdrawn or cashed out on BetMGM. Bonus bets are not returned when placed on another wager, even if it wins.
College football Week 5 preview
No. 12 Michigan is coming off its biggest win of the 2024 season, beating USC 27-24 at home behind a massive effort from RB Kalel Mullings.
The Wolverines will host the 2-2 Minnesota Golden Gophers in Week 5 as -9.5 betting favorites on the point spread with a point total set to 38.5. Minnesota couldn’t contain Iowa’s running game in Week 4, so expect a similar approach from a run-centric Michigan offense in Week 5.
Place a qualifying first bet, up to $1,500, or a bonus bet, on the Wolverines to cover as -9.5-point favorites at home against a pedestrian Minnesota offense.
Overview of BetMGM Sportsbook promotions
BetMGM Sportsbook contains several promotional offers for new and existing customers to claim while sports betting in Michigan.
These include a Get A Second Chance On First TD Bets promo, a No Sweat Token For Any Sport, and an EPL 2 Up Early Payout.
There’s also a Refer-A-Friend bonus, which allows you to grab $100 in bonus bet credit for you and each referred friend who signs up. Refer up to five friends per month to get up to $500 in bonus bets on BetMGM Sportsbook.
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