BetMGM Bonus Code SHNEWS1600: Activate 20% Match up to $1.6K or $1.5K Insurance for Euro 2024, Stanley Cup Finals or Any Game

BetMGM is offering the choice between two welcome promos in most locations for the Stanley Cup Final and any other game on Tuesday. In fact, most sports betting states, besides New York, are eligible for activating one of the offers upon sign-up as a new customer.

We’ll walk you through how to activate each offer with the correct BetMGM bonus code, Tuesday’s sports slate and the sign-up process if you’re joining BetMGM for the first time.

How to use the BetMGM bonus code

SHNEWS1600 – 20% deposit match up to $1,600 in bonus

After setting up a new account, you’ll make a deposit of $10 or more. As long as it meets the minimum, it’s up to you on how much you wish to deposit.

Let’s say I deposit $1,000 which would earn $200 in sports bonus. I’ll have a few requirements to meet once I make the deposit and earn the bonus.

• The $200 of sports bonus will need to be used on wagers within the platform within seven days
• Next, BetMGM requires you to cash wager 10x the bonus earned within 30 days to access any cash winnings in your account. In the example above, this would be $2,000 in total cash bets within 30 days to unlock my cash which can then be withdrawn.

HANDLETOP – Get up to $1,500 back in bonus bets if your first bet doesn’t win

The first bet insurance is a bit easier to navigate. All you need is a new account, a minimum $10 deposit and a cash bet of any size.

Let’s say I bet $500 on a tie between Portugal and the Czech Republic at +340. Here’s how the promo can play out:

• A win would profit $1,700 in cash and return the $500 stake. Your account will now show $2,200 in cash that can be withdrawn or used on other wagers
• If you miss, BetMGM deposits bonus bets to your account to reimburse the loss

BetMGM deposits the bonus bets differently based off the size of your wager.

If the bet is $50 or less, it is deposited in one bonus bet chunk. Meanwhile, $51 or more means BetMGM deposits the bonus bets in five payments to equal the miss.

These bonus bets are valid for seven days from when they hit your account and can be used to fund a wager within the BetMGM mobile app.

Tuesday games with BetMGM

There are a variety of games available for your first bet with BetMGM whether you choose the first bet insurance or need to meet the betting requirement with the deposit match.

First, you can find soccer matches all week with Euro 2024. Tuesday features two matches with Turkey against Georgia and Portugal vs. Czech Republic.

Meanwhile, you can also find an exciting Game 5 of the Stanley Cup Finals between the Edmonton Oilers and the Florida Panthers. While the Oilers extended the series, they will need to win three more games in a row for the Stanley Cup.

 BetMGM sign-up process

1. You’ll decide between 20% deposit match or the $1.5K first bet insurance.
2. Use the register button to set up a new account, which is required to wager on the platform.
3. Both offers will require at least a $10 deposit. On the deposit page, you’ll apply the appropriate bonus code — SHNEWS1600 for the deposit match or HANDLETOP for the first bet insurance.
4. That’s it for the deposit match. The first bet insurance requires a cash bet of any size to qualify.

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