BetMGM has a pair of sign-up bonus codes available on Monday night and throughout this whole week on the NFL, NBA, World Series or any other sport — one deposit match and one bet/get. You can choose between the two.
- BetMGM bonus code LABSNEWS1500: This offer earns all new users a 20% deposit match, meaning whatever you deposit, you’ll get 20% extra in bonus bets. So a $2,000 deposit will earn $400 in bonus bets. This offer comes with a 10x rollover, which we’ll explain below.
- BetMGM bonus code FLNEWSGET: If you’re looking for something more straightforward or have a smaller bankroll, use FLNEWSGET to earn $200 in bonus bets after any $10 wager.
This offer is available in all BetMGM states besides New York and Washington D.C.
Signing up at BetMGM
- Head to BetMGM.com or use the module below
- Sign up using all your real info — name, address, etc. Even if you’re traveling to a state with legal betting but don’t live there, use your real, home address. If not, BetMGM can’t verify your identity and you won’t be able to deposit.
- Enter BetMGM bonus code LABSNEWS1500 or FLNEWSGET at checkout.
- Make your first deposit using any method — bank account, credit card, PayPal, etc.
- Make your first bet.
How the BetMGM Bonus Code Works
BetMGM bonus code LABSNEWS1500
With LABSNEWS1500, you’re getting a 20% deposit match, up to $1,500. So whatever you deposit, you’ll get 20% extra in bonus bets.
The big stipulation is that you must wager 10x your bonus amount in your first 30 days on the platform to cash out. That means if you deposit $4,000 for an $800 bonus, you must wager $8,000 in your first month.
For most bettors, this might seem high. But if you’re betting consistently at BetMGM, you should be able to hit it. If you’re just grabbing the promo and running, it’s probably not the offer for you.
Say I make my $4,000 deposit and bet $200 on the Lions on Monday Night Football. I now have $7,800 remaining in my rollover requirement in the next 30 days.
BetMGM bonus code FLNEWSGET
This offer is much easier to claim and use. Just bet $10 on anything — Monday Night Football, World Series, NBA, golf, NHL — and you’ll get $200 in bonus bets once that first wager settles.
The nice thing is that it doesn’t matter if your first bet wins or loses. You just need to place a $10 wager.
Examples from MNF for BetMGM
Let’s run through a practical example for Monday Night Football using FLNEWSGET. Say I deposit $10 and bet $10 on the Raiders at +300 to beat the Lions.
- If the Raiders win, I win $30 (a $10 bet at +300 pays $30) and I keep my $10 wager. I now have $40 in cash in my account, and $200 in bonus bets.
- If the Raiders lose, I won’t have any cash left but I’ll have $200 in bonus bets.
After MNF, I’ll get the bonus bets in my account, which I’ll start to use on Tuesday since I have seven days before they expire.
On Tuesday, I take $40 of bonus bets and put it on Ball State +180 to beat Bowling Green.
- If Ball State wins, I win $72 in cash ($40 x 1.8) but I don’t keep the $40 in bonus bets. That just goes away.
- If Ball State loses, I lose the bonus bet and get no cash.
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