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BetMGM Bonus: What Do BetMGM’s Bonuses Have to Offer in 2024?

BetMGM Bonus Sports Promotions Examined

Mike McKean
Editor
Fact checked by: Dave Kuzio
Last Updated on 07.07.2024

BetMGM is a relatively new online sportsbook, having started in 2017. They have quickly gained a burgeoning reputation for extensive BetMGM bonuses and an enjoyable betting experience. We wanted to find out what makes BetMGM different from similar sportsbooks.

This review looks at BetMGM’s welcome offers and ongoing promotions. We discuss using the bonus and common questions and answers. The review focuses on first-hand experience when using the website and mobile betting platforms, what you need to do to withdraw the bonus, and pitfalls to avoid. Read on to discover more about BetMGM Sports bonuses.

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BetMGM Sports Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
-
PayPal
PayNearMe
Play+
VIP Preferred
Bank Transfer
Discover
Visa
Mastercard
Applepay
+4
Bonus Type
Free Bet
Wager
-
Min. Deposit
$10
Cashable
No

Introducing the BetMGM Bonus Offer

BetMGM Pro Contra
Try sports betting at BetMGM
BetMGM live sports betting
Enjoy live sports betting at BetMGM

In the mighty competitive world of online betting bonuses, BetMGM offers a generous sign-up offer for new sportsbook customers.

UK Sign-up £40 Free Bet Offer

If you live in the UK, get ready for an excellent new client offer. Within seven days of registration, deposit and bet £10 on a sports bet with minimum odds of 2.0. Once this qualifying bet settles, you will receive £40 in free bets. The free bets are divided into four. Use 1 £10 free bet on the following: horse racing, Bet Builder, Acca, and football (soccer).

Up to a $150 Bonus in the USA

For a surprisingly low $5 first qualifying bet in the app, you would instantly get $150 in bonus bets, regardless of whether your first bet won or lost. You won’t find any minimum odds requirement.

The bonus is for players of the appropriate age to gamble legally in their region. For example, this is 21+ in most US states, except Nevada and New York. Next, we will discuss how to use the current bonus offer, so you can decide if it’s worth your time and attention.

1.
Sports Bonus
Free Bet
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Min. Deposit: $10
Cashable: No
Odd: -
-
T&Cs apply, 21+

Steps To Use BetMGM Bonus 

You might be wondering how to go about taking advantage of the BetMGM welcome offer. Using such a straightforward bonus is simple if you follow our basic steps to get started. We have emphasized the importance of the minimum deposit, using the relevant BetMGM bonus code, and betting the bonus bets correctly.

There are no hidden catches or T&Cs designed to trip you up here, but please remember that you should read the fine details of BetMGM terms and conditions because these are updated regularly.

1. Go to the BetMGM Betting Platform

First of all, head over to the BetMGM website or app and click through from the ‘Register’ icon. It should take around 5 minutes to create your new BetMGM account.

2. Account Details 

Step 2 is to enter your email address and choose a username and password. Then enter your personal details to register for your BetMGM account. You’ll need to fill in your full name, the last 4 digits of your Social Security Number (SSN), date of birth, mobile number, and home address. You may see a notification asking you to set up two security questions. We also noted two other sign-up methods, if you prefer to register with PayPal or Yahoo Sports.

3. First Deposit

The BetMGM new client bonus requires a minimum deposit (£10 in the UK, $5 in the US). Go to the cashier section of your account, select your payment method, and make your first deposit. BetMGM supports various transaction methods like wire transfers, e-wallets, Visa, and Mastercard; none of these methods are excluded for bonus purposes.

4. Bonus Code (US Customers)

At this stage, before you place your first bet, when prompted, you should enter the BetMGM welcome bonus code. (At the time of writing, this was BETMGMBONUS, but always double check for new code updates).

5. Qualifying Bet

If you’re a UK bettor, make a first £10+ bet at 2.0 odds or higher on any sport.

If you’re a US bettor, place your first bet of at least $5 on the BetMGM app. This qualifying bet has no minimum odds requirement, so you can bet at any odds.

6. Get Your Bonus

In the UK, you would receive your four £10 free bets.

In the US, after your bet is placed, BetMGm will credit you with $150 in bonus bets, which is split into six times $25 individual bonuses.

7. Bet with Your Bonus

To use a bonus bet, add a selection to your bet slip. Then choose ‘Apply Bonus Bet?’ to select one of your bonus bets.

Remember, the BetMGM welcome bonus is merely the start of your betting journey. The sportsbook has lots more to offer. Read on to find out the details.

Top 5 Smart Tips: Make the Most of the BetMGM Bonus

Below, we show you five handy tips for making the most of this BetMGM sports bonus experience:

Make a Bonus Betting Plan

Think about your overall approach to the bonus. From the initial qualifying bet, will you go for a short odds-on selection or a bigger odds bet? Likewise, for your follow-up bonus bets, take the time to scan the BetMGM app for your preferred bets.

Use Your Bonus Bets Within 7 Days

When your bonus bets are credited, you have seven days to use them. Note this bonus expiration date so that you don’t miss out on the full bonus value.

Use the Correct Betting Platform

Specific to US bettors, this updated welcome bonus states that your qualifying bet must be placed on the BetMGM iOS or Android app. So remember not to accidentally place your initial stake on the desktop site; otherwise, you will not qualify for the $150 bonus.

Take Account of Minimums, If Applicable

Place your qualifying bet and bonus wagers at the odds specified in the bonus terms, which are different per region. For instance, unlike most sign-up offers, players in America have no minimum or maximum odds stipulated for the BetMGM sports welcome bonus, but that could change at any time, so stay wary.

Do Not Use Cash Out or Edit Bet

At any point in your bonus qualification or using the bonus, if you were to use either the ‘Cash Out, ‘Auto Cash Out’ or ‘Edit Bet’ option, you would no longer qualify for the bonus promotion. Therefore, it’s best to leave using ‘Cash Out’ for when you’re finished with the bonus betting.

Common Queries About the BetMGM Offer

As BetMGM grows in popularity, players want to know the answers to common questions about the sports bonus. So we put together a quick list of common FAQs:

▶️ Does the BetMGM sports bonus have a wagering requirement?

Bonus wagering rules will differ for each locality. Based on that, check for possible bonus turnover terms on your region’s BetMGM site.

🏦 Can I claim the BetMGM sign-up bonus if I use any payment method?

Yes. The welcome offer allows the use of a multitude of different transaction methods. Please see our BetMGM review for more details on accepted payment types. Alternatively, the BetMGM website has updated information on these.

🔙 Is the bonus Stake Returned or Stake Not Returned?

When you bet using the welcome bonus bets, any potential winnings shall not include the bonus amount, i.e., they are Stake Not Returned (SNR). For instance, a winning $25 bonus bet at 3.0 would return $50 instead of $75. This is because the sports bonus is not as if you’re betting with your own funds.

🏀 Is the BetMGM bonus worth it?

The BetMGM bonus is designed for all levels of betting experience, and our review rates it as excellent. Few bookmakers give you £40 in free bets or $150 bonus for risking £/$5–10. However, like any sports betting bonus, read the terms and decide your personal opinion.

ℹ️ What promo codes are available to use at BetMGM sports?

On top of the BETMGMBONUS BetMGM promo code that serves as a welcome offer in the USA, it’s worth keeping an eye on the BetMGM platform to see if they offer updated or additional BetMGM promo codes in the future.

BetMGM Extra Bonuses and Sports Loyalty Program

Once you have sampled the welcome offer and become familiar with BetMGM sportsbook, you may be interested in learning more about extra free bet promotions and bonuses.

BetMGM Loyalty Rewards

When you place sports bets on the BetMGM website or app, you can collect BetMGM Rewards Points and Tier Credits. Starting at the Sapphire, you can progress up each tier to gain free bonus bets, enhanced customer support, and more. Our table below gives you information about all five tiers.

TierPoints Needed Per TierRewards Offered Per Tier

SapphireUp to 19,999Birthday Bonus Bet

First Bet Anniversary Bonus Bet
Pearl20,000-74,999Point Bonuses
Gold75,000-199,999Premier Customer Support
Platinum200,000Enhanced Window Service at MGM Resort Sportsbooks
NoirInvite OnlyDedicated VIP host

Staking on specific bet types is another way to collect loyalty points and tier credit. The BetMGM sports betting site contains the complete terms. Here are the basic requirements:

  1. Bet $100+ on a Straight bet at minimum odds of -110 (1.91 decimal odds) – Receive at least 20 BetMGM Rewards Points (or more, with higher odds) and 20 tier credits.
  2. Wager $100+ on Parlay bets at minimum odds of +300 (4.0 decimal odds) – Receive at least 50 BetMGM Rewards Points (or more, with bigger odds) and 50 tier credits.

Reload Promotions

You may be looking for an alternative and don’t fancy betting on the loyalty program. Either way, there are various ongoing promotions to get involved in. Full details of the current reload offers are in our chart below, broken down for the UK and US betting scenes.

UK Promotions

For UK bettors, the reload offers are geared towards soccer and horse racing, from percentage boosts to bet and get free bet offers; BetMGM has created a neat selection of unique promotions.

Sports Reload PromotionOffer TypeKey Details
Double Your OddsBoosted oddsDouble the odds on selected sports. £5 maximum stake for each selection. Max £1,000 win
Daily Horse Racing BoostsBoosted odds10 x 10% horse racing boosts Max £20 stake, max win £10,000
Weekly Sports Free BetFree betBet £10 on 4+ fold football ACCA (odds 2.0+) and £10 on football Bet Builder to get a £5 free bet
BetMGM Golden GoalsFreeplayPredict 6 correct scores for the chance to win up to £2 million

Or £5,000 is shared among user(s) with the most correct predictions
5 Weekly Profit BoostsBoosted odds1 Profit boost on each type of accumulator:
3-fold ACCA: 10% Profit Boost
4-fold ACCA: 20% Profit Boost
5-fold ACCA: 30% Profit Boost
6-fold ACCA: 40% Profit Boost
7-fold ACCA: 50% Profit Boost

US Promotions

The American market has a different suite of ongoing offers, specifically designed to appeal to US sports fans. BetMGM is known to offer US sports free-play prediction games. During the last NFL season, they offered the Football Pool Survivor Challenge and 8-Bit Barry with the opportunity to win a $100,00 prize or up to $20 bonuses, respectively.

Check out our table below with the latest offer details:

Sports Reload PromotionOffer TypeKey Details
Top First Touchdown OddsBest oddsBest odds on NFL first touchdown scorer
Refer a FriendReferral$100 cash referral bonus (For up to 20 referrals)
Multi-sport Parlay Boost TokenAccumulator boostUp to 33% boost on cross sport ACCAs

BetMGM Sports Bonus

BetMGM Bonus Overview

BetMGM mobile sports betting
BetMGM mobile sports betting
Quick cash out at BetMGM
Quick cash out at BetMGM

The BetMGM bonus for new sports sign-ups is truly worthy of your consideration. Whatever the result of your qualifying bet, the US sportsbook will give you $150 in bonus bets with a one-time playthrough, or £40 in free bets in the UK. The low $/£5-10 first-bet requirement makes it accessible for bettors with a small betting bankroll as well as experienced users.

In our review, we want to highlight our experience when examining and testing the sports betting bonus from a first-person perspective, from first deposits through to bonus betting. We will also walk you through the steps you need to take to convert the bonus into withdrawable account funds. We’ve additionally researched smart ways of avoiding potential pitfalls regarding bonus mistakes, followed by our final thoughts in a summary.

BetMGM Sports: Examined and Tested

We decided to sign up and test the BetMGM website and app for ourselves, focusing on the US sportsbook. Our first impressions were that the bonus terms were easy to understand. The registration process was completed within five minutes. We deposited $10 to take advantage of the welcome bonus. Next, the terms asked for a minimum $5 single or parlay bet on the mobile app. So we chose a single horse racing selection at 2.20 odds in an upcoming horse race.

While the terms claimed the $150 bonus bets were added immediately, we waited 15 minutes for ours. We consider anything within 24 hours as reasonable to receive a bonus, so no complaints here. From there, as we’re using Stake Not Returned bonuses, we looked for six different selections at odds of 2.0 or greater. Using each $25 bonus in turn, we added a relevant bet selection to the bet slip, ticking ‘Apply Bonus Bet’ and placing the bet. After those six bonus bets were settled, we could move on to existing betting offers.

How You Can Withdraw The BetMGM Bonus

BetMGM’s bonuses are designed to be easy to play and understand. After you’ve placed the first $5+ sports wager, to convert the whole $150 bonus bets into withdrawable funds, you only need to bet each $25 bonus one time. That’s a very lenient rule, as most similar betting bonuses tend to require much stricter wagering requirements that make getting any true winnings slim.

Remember that bonus bets are for betting purposes; you cannot exchange them for cash or withdraw their value without betting them. As with the majority of online betting bonuses, you will receive winnings from your bonus bets minus the stake. You can withdraw any of your bonus winnings the same way you would for any other real money bets by opting for any of the withdrawal options available to you.

Smart BetMGM Bonus Strategies: Pitfalls To Avoid

Amid the excitement of online betting, it’s so easy to make small errors that may prevent you from maximizing your bonus betting experience.

Our expert team combed through the small print to come up with some common pitfalls you should seek to avoid:

First Bet

Only your first qualifying bet is eligible for the bonus. This bet must be at least £/$5 or £/$510 (check your region). So avoid tinkering with smaller bets before you’ve made your qualifier, as your qualifier is always the first one.

Time

Your bonuses are valid for seven days. In busy modern life, a week goes by quickly. So make sure enough sports events are available to use your bonuses before they expire.

Deposit

Try not to rush in the ‘Cashier’ section and accidentally deposit less than the £/$5 or £/$10 minimum needed to claim the welcome bonus.

Standard Bets

Bets at regular odds count for bonus qualification or using your bonus, not boosted odds like BetMGM specials.

Bet Bonuses in One

Each $25 bonus must be used in one bet. Do not attempt to split the $25 into multiple smaller bets.

Our Final Analysis of the BetMGM Bonus

The final verdict on the BetMGM sportsbook is positive. Compared to the best online betting sites, BetMGM occupies its own niche in appealing to a wide range of customers. We appreciate how the one-time playthrough helps the bonus become accessible even for beginners. In an ever more complicated betting scene, this enhances the player experience.

On balance, we found little fault. Although the bonus took 15 minutes (it can take up to 24 hours) to arrive rather than the promised immediacy, the rest of the offer shines. For a simple yet immersive sports betting operator, we wholeheartedly recommend BetMGM Sportsbook. Check it out now.

BetMGM
Sports Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
-
PayPal
PayNearMe
Play+
VIP Preferred
+9

Our Analysis of the BetMGM Bonuses

In this BetMGM review, we discovered that BetMGM offers a UK welcome bonus of £40 or up to $150 in the US. Signing up is a hassle-free process, and in a few simple steps, you can start betting. With our key pointers when using the bonus, including placing your qualifying bet on the app at any odds and then using bonus bets before their seven-day expiration, using your free bonus funds should be smooth and stress-free.

If you’re an existing customer, you can take part in a variety of ongoing promotions too, from referring a friend to weekly free bets or profit boosts. Now that you have a clear understanding of the BetMGM bonuses, check out our BetMGM review to learn all you need to know about the sportsbook.

BetMGM Offers: Key Questions and Answers

🏆 How do I get access to BetMGM Rewards?

Once you’re signed up for the BetMGM sportsbook, you’ll be given automatic entry into the BetMGM Rewards program.

🔍 Where can I find BetMGM sports promotions?

The quickest way to view current sports offers is to visit the BetMGM Promotions page. There, you can find terms and qualifying conditions.

👫 Are the BetMGM sports offers partner-friendly?

The terms make reference to the bonus being available to only one person per household. So if you live at the same residential address as your partner, share the same surname, or use the same IP address, the bonus would not be available for you both.

🎁 Can I use welcome bonus bets to qualify for other offers?

No. Bets for the sign-up offer will not count towards any other BetMGM promotion. Each offer is a separate entity.

💸 Does BetMGM pay real money?

Yes. This BetMGM sportsbook review shows that you can gamble with real funds at BetMGM for the chance to win your real-money sports wagers.

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