Register with BetMGM Sportsbook today using the BetMGM bonus code LABSNEWS1600 to get a 20% deposit match offer, up to $1,600 in sports bonus. New users can also opt for a $1,500 first bet offer with the BetMGM bonus code LABSTOP if they prefer that type of sign-up bonus.
Whichever BetMGM promo you prefer, use this link or click on the module below to begin the sign-up process.
The BetMGM bonus code LABSNEWS1600 20% deposit match offer has a maximum value of $1,600 in sports bonus. You can claim the maximum amount by making a deposit of $8,000 or more. There is a 10x rollover requirement with this BetMGM promo, which means you have to bet 10x what you receive in sports bonus within 30 days to withdraw any cash winnings. If you are located in Ohio, you do not have access to this offer.
If you choose the BetMGM bonus code LABSTOP first bet insurance offer, you can get you up to $1,500 in bonus bets, if your first wager loses. The bonus bet amount is equivalent to what your stake is for your first bet, and bonus bets are only paid out if your first bet loses. A winning bet still gives you the profit earned and you retain your initial stake, but you don’t get any bonus bets from the offer.
Bonus bets from BetMGM can’t be withdrawn to your bank account and must be used to place bets on the platform within seven days. Using them on a bet only pays out the profit and the stake gores back to the house.
BetMGM Sportsbook is active in the following states: AZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, and WY.
Betting on the MLB with your BetMGM promo
The MLB regular season continues to roll on with many betting opportunities coming as part of Thursday’s slate. If you use BetMGM bonus code LABSTOP during registration, the bet insurance promotion is a chance for you to get value. Betting the maximum amount on an underdog is a good move here. You either win the bet, which leads to a lot of profit, or get $1,500 in bonus bets back to continue betting with.
One MLB betting option that works with this method is the Nationals-Phillies game. The Nationals are listed as +198 underdogs, and though it’s an uphill battle, there is a chance they could win. The Phillies have been in a slump as of late, losing four of their last five games. If this poor form continues, the Nationals could catch them off guard tonight.
Here are the two outcomes if you place a $1,500 bet on the Nationals to win against the Phillies after claiming this BetMGM promo offer:
- If the Nationals win, you get $2,970 in profit and retain your $1,500 cash stake. However, the promotion ends without paying out any bonus bets.
- If the Phillies win, you get $1,500 in bonus bets back from the BetMGM promo, but no cash winnings.
How to sign up and claim your BetMGM bonus code
- Use this link to head to BetMGM and begin the sign-up process. Alternatively, click the module below.
- Go through registration, providing all personal information as required.
- Enter a BetMGM bonus code when prompted. BetMGM bonus code LABSNEWS1600 unlocks the 20% deposit match, while BetMGM bonus code LABSTOP grants the first bet insurance.
- Make your first deposit with BetMGM Sportsbook. If you choose the deposit match, you get sports bonus equivalent to 20% of what you put in here.
- Place your first bet. With the first bet insurance, if your bet ends up losing, you get bonus bets back equal to the amount wagered, up to $1,500.
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