BetMGM Bonus Codes: Earn 20% Match Worth $1.6K or $1.5K First Bet on the House for Any Sport

You can use the BetMGM bonus code for a choice between a 20% deposit match up to $1,600 in bonus or a $1,500 first bet on the house for any MLB, NFL preseason game or anything else on the betting board this week.

Here are the two promos with the correlating BetMGM bonus code you can use at sign up:

•  BetMGM bonus code SHNEWS1600 – 20% deposit match up to $1,600 in sports bonus
• BetMGM bonus code HANDLETOP – Get up to $1,500 back in bonus bets if your first bet doesn’t win

How to use both BetMGM bonus codes

BetMGM bonus code SHNEWS1600

You can earn sports bonus funds to use within BetMGM when making your first deposit on the platform using the BetMGM bonus code SHNEWS1600. You’ll need at least a $10 deposit to get started and follow a cash betting requirement after earning the sports bonus.

BetMGM requires you to cash bet 10x whatever the bonus is in the first 30 days of opening your new account. For example, a $100 deposit, earning $20 in sports bonus, would require $200 in total cash bets to access any cash winnings in your account.

Additionally, you’ll need to use the sports bonus funds within seven days to avoid expiration.

BetMGM bonus code HANDLETOP

The alternate sports betting promo is a first bet insurance that covers your first bet up to $1,500 if it doesn’t go your way. You can access this promo with the BetMGM bonus code HANDLETOP, applied when making your first deposit of $10+.

If you nail your first bet, it is treated as a normal winning bet on the platform that profits cash and returns the stake. However, no bonus bets are earned in that outcome.

Imagine I want to grab plus money on Monday night such as a +300 pitcher player prop for the Pittsburgh Pirates vs. San Diego Padres.

• A win profits 3x whatever I stake
• If I bet $100 and miss, I earn $100 of bonus bets to cover my stake

BetMGM reimburses you with the exact dollar amount of your stake, if it loses, in the form of bonus bets. These bonus bets deposit on a certain schedule depending on the size of your first bet.

$50 or less — You receive one single bonus bet that matches your stake loss

$51 or more — BetMGM sends five bonus bets each worth 20% of your stake loss such as five payments of $20 bonus bets if you bet $100

Each bonus bet must be used in its entirety on any straight bet on the platform. You play the bonus bets for potential cash but the bonus bets disappear after use since they can only be used once.

 Sign-up process with BetMGM

1. First, you’ll decide between the 20% deposit match or the $1.5K first bet on the house.
2. Utilize the register button to set up a new account, verifying your location.
3. Deposit at least $10 for either offer to qualify. Next, apply the BetMGM bonus code of your preferred offer — SHNEWS1600 for the deposit match or HANDLETOP for the first bet insurance.
4. You won’t need a first bet for the deposit match. If you select the $1.5K first bet on the house, place a cash bet of any size to be eligible.

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