If you are looking to bet on the college football slate this weekend or any other sport, use the BetMGM bonus code LABSNEWS1600 to sign up and get a 20% deposit match, up to $1,600 in sports bonus.
Click the module below to get started with BetMGM or simply use this link.
To get the maximum match of $1,600, you need to deposit at least $8,000. There is also a 10x rollover requirement with the deposit match deal. This restriction requires you to bet 10x what you receive in sports bonus within a 30-day period to be able to withdraw your cash winnings.
New users can also opt for a $1,500 first bet offer with the BetMGM bonus code LABSTOP. This BetMGM promo provides bet insurance on your first bet, paid out with up to $1,500 in bonus bets.
Bonus bets from BetMGM expire seven days after being credited to your online sportsbook account. When you use them on a wager, you only get the profit back with a win — not the original stake.
BetMGM Sportsbook is available in the following states: AZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY. The deposit match offer is not available in Ohio.
Betting on College Football with BetMGM Sportsbook
There are plenty of college football games this weekend to bet on. If you use the BetMGM bonus code LABSTOP to claim the first bet insurance, there is a lot of value in betting on college football.
One approach is to place a $1,500 bet on an underdog. If you win, then you turn a large profit and keep your $1,500 cash stake. A losing first bet nets you $1,500 in bonus bets, thanks to the sign-up promotion. This method could yield a high reward, while still having a safety net through the BetMGM bonus code LABSTOP.
Georgia Tech is listed as a +340 underdog against Florida State in the 2024 college football opener at 12 p.m. ET on Saturday. This is a great option to use your first bet on by using this method.
Here is what happens if you place a $1,500 bet on the Georgia Tech moneyline vs. Florida State:
- If Georgia Tech wins, you get a payout of $5,100 while also keeping your $1,500 cash stake. However, the promotion concludes and you receive no bonus bets.
- If Florida State wins, then you get $1,500 in bonus bets from the BetMGM promo. You lose your stake in this scenario and get no cash winnings.
How to sign up and activate BetMGM bonus code
- Click here to sign up with BetMGM Sportsbook. Alternatively, click on any module provided in this article.
- Input all required personal information to create your BetMGM Sportsbook account.
- Enter the BetMGM bonus code when prompted. BetMGM bonus code LABSNEWS1600 gives you a 20% deposit match while the BetMGM bonus code LABSTOP delivers the $1,500 first bet insurance.
- Make your first deposit. The minimum deposit is $10. If you use the deposit match deal, you get 20% of what you put in here as sports bonus in your account.
- With the bet insurance offer, you get bonus bets back equal to the stake of your first bet, if it loses. The maximum you can receive is $1,500 in bonus bets.
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-GAMBLER for confidential help (MI). Visit BetMGM.com for Terms & Conditions.
