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BetMGM Bonus Code SHNEWS1600: 20% Deposit Match On Any Game; $1.5K Insurance Also Available

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BetMGM is the king of sports betting sites and now provides a $1.6K deposit match or a $1.5K first bet on the house for users in most locations.

You can apply a BetMGM bonus code upon account sign-up to access one of the two offers. New York is one of the only major BetMGM locations that is not included in either promo.

Here are the two current welcome promos available after setting up the account and making a minimum $10 deposit:

Offer 1: 20% Deposit match up to $1,600 bonus

BetMGM bonus code: SHNEWS1600

Earn bonus funds from your first deposit of $10 or more with this offer.

 

Offer 2: Get up to $1,500 back in bonus bets if your first bet doesn’t win

BetMGM bonus code: HANDLETOP

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Cover your first bet to either profit cash from a win or earn bonus bets to recoup your stake loss.

 

How each BetMGM promo works

SHNEWS1600

The deposit match is activated through a $10+ deposit and doesn’t require a first bet to earn the bonus. However, once you earn the bonus funds, you’ll have to meet a wagering requirement from BetMGM to access any potential cash in your account.

You’ll have 30 days to cash wager 10x the bonus earned and it can be spread across multiple bets. Imagine I made a $500 deposit which earns $100 in sports bonus.

I’ll have seven days to use the bonus funds on wagers across the BetMGM mobile app. Next, since I earned $100 in bonus, I need to cash wager a total $1,000 within 30 days to access any cash in my account.

HANDLETOP

Alternatively, this offer requires a $10 deposit and a cash wager of any amount on any odds you prefer. These first bet insurance offers always play out in two potential ways depending on your wager.

Let’s say you placed $100 on the Oilers +120 to steal Game 2 on the road against the Panthers.

  • A win profits $120 and returns the $100 stake. You won’t earn bonus bets but your account will reflect a $220 cash balance.
  • A miss means BetMGM will send you five payments of $20 in bonus bets to cover the total $100 stake miss

Whether it’s the deposit match with the sports bonus or the bonus bets from the first bet insurance, you’ll have seven days to use the bonus funds within BetMGM to potentially profit cash.

 

What games can I bet on Monday with BetMGM?

Monday features Game 2 of the Stanley Cup Finals as the playoff action continues this week. Bettors can find an incredible week with alternating days of the NBA Finals and the Stanley Cup Finals as we close in on crowning champions in the respective sports.

The Florida Panthers dominated Game 1 and look to take a commanding 2-0 lead over the Edmonton Oilers on Monday night. The Panthers come into the matchup as -135 slight home favorites.

However, your options aren’t limited to hockey. The first bet insurance wager can be on any market or odds you prefer.

21+. New customers only. Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, KS, KY, LA, MD, MS, NJ, NV, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA). Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981-0023 (PR). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Mississippi, New York or Ontario.

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