BetMGM Bonus Code LABSNEWS1600: Grab 20% Deposit Match or $1.5K First Bet for Any Sports, Including MLB

The ESPN BET welcome offer can be used for all sports markets, including the 2024 Home Run Derby.

To bet on Sunday’s sports schedule, use the BetMGM bonus code LABSNEWS1600 to get an exclusive 20% deposit match when signing up for a BetMGM Sportsbook account.

 

The 20% deposit match is worth a maximum of $1,600 and is given out as sports bonus. To get that amount, you would need to make an initial deposit of $8,000.

There is one main provision to remember with this offer, and that is a 10x rollover requirement. Once you get your sports bonus, you must wager 10x the amount received within 30 days to be able to withdraw your cash. If you got the upper limit of $1,600 for example, your total wagers would need to be $16,000 or more.

If you don’t want the 20% deposit match, you can use the BetMGM bonus code LABSTOP. Doing so will grant you a first bet on the house promotion. The way it works is simple. First, you make a bet on any game. If your wager loses, BetMGM gives you bonus bets equivalent to your stake, up to $1,600. A winning bet gets you no bonus bets from the promotion, though you do get to keep all profits and get your cash stake returned.

 

You claim a BetMGM bonus code in these locations: AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY.

How to use bonus bets from BetMGM Sportsbook

If you received the sports bonus from the BetMGM bonus code LABSNEWS1600, you could use some of it to place a bet on the MLB. Generally, betting the maximum amount possible on an underdog is a move that can provide more value over time.

Wagering on MLB futures could be the right choice here, as you could choose from many positive value odds. One option that works is betting on the Orioles to win the American League (+270). The team is notably No. 1 in the American League East with a 61-42 record.

Here is what could happen if you bet on the Orioles to win the American League using $1,500 in sports bonus or bonus bets.

  • If the Orioles win the American League, you get $4,050 in profit. Your stake disappears since the wager was made using bonus bets.
  • If any other team wins the American League, you lose your bonus bets and get no profits from the wager.
 
 

How to sign up and claim a BetMGM bonus code

  1. Commence the registration process by clicking here or using one of the BetMGM modules in this section.
  2. Input all required personal information to create your BetMGM Sportsbook account.
  3. When asked to enter a code, use one of the BetMGM bonus code selections. Typing in BetMGM bonus code LABSNEWS1600 will grant the exclusive 20% deposit match. Alternatively, utilize the BetMGM bonus code LABSTOP to receive the first bet on the house offer.
  4. Make your first deposit with BetMGM Sportsbook. The minimum deposit is $10, and if you activate the 20% deposit match, you will get 20% of whatever cash you put in at this stage as additional sports bonus.
  5. Place a wager of $1,500 or less on any market if you used the first bet on the house option. If the bet loses, you get bonus bets equal to the amount wagered, up to $1,500.
 
 

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), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions.

To bet on Sunday’s sports schedule, use the BetMGM bonus code LABSNEWS1600 to get an exclusive 20% deposit match when signing up for a BetMGM Sportsbook account.

 

The 20% deposit match is worth a maximum of $1,600 and is given out as sports bonus. To get that amount, you would need to make an initial deposit of $8,000.

There is one main provision to remember with this offer, and that is a 10x rollover requirement. Once you get your sports bonus, you must wager 10x the amount received within 30 days to be able to withdraw your cash. If you got the upper limit of $1,600 for example, your total wagers would need to be $16,000 or more.

If you don’t want the 20% deposit match, you can use the BetMGM bonus code LABSTOP. Doing so will grant you a first bet on the house promotion. The way it works is simple. First, you make a bet on any game. If your wager loses, BetMGM gives you bonus bets equivalent to your stake, up to $1,600. A winning bet gets you no bonus bets from the promotion, though you do get to keep all profits and get your cash stake returned.

 

You claim a BetMGM bonus code in these locations: AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY.

How to use bonus bets from BetMGM Sportsbook

If you received the sports bonus from the BetMGM bonus code LABSNEWS1600, you could use some of it to place a bet on the MLB. Generally, betting the maximum amount possible on an underdog is a move that can provide more value over time.

Wagering on MLB futures could be the right choice here, as you could choose from many positive value odds. One option that works is betting on the Orioles to win the American League (+270). The team is notably No. 1 in the American League East with a 61-42 record.

Here is what could happen if you bet on the Orioles to win the American League using $1,500 in sports bonus or bonus bets.

  • If the Orioles win the American League, you get $4,050 in profit. Your stake disappears since the wager was made using bonus bets.
  • If any other team wins the American League, you lose your bonus bets and get no profits from the wager.
 
 

How to sign up and claim a BetMGM bonus code

  1. Commence the registration process by clicking here or using one of the BetMGM modules in this section.
  2. Input all required personal information to create your BetMGM Sportsbook account.
  3. When asked to enter a code, use one of the BetMGM bonus code selections. Typing in BetMGM bonus code LABSNEWS1600 will grant the exclusive 20% deposit match. Alternatively, utilize the BetMGM bonus code LABSTOP to receive the first bet on the house offer.
  4. Make your first deposit with BetMGM Sportsbook. The minimum deposit is $10, and if you activate the 20% deposit match, you will get 20% of whatever cash you put in at this stage as additional sports bonus.
  5. Place a wager of $1,500 or less on any market if you used the first bet on the house option. If the bet loses, you get bonus bets equal to the amount wagered, up to $1,500.
 
 

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), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions.