BetMGM Bonus Codes: Activate $200 or 20% Deposit Match for NFL Week 5, Any Sport

Te BetMGM bonus codes available to new users in most states can kickstart your bankroll ahead of NFL Week 5, or any sporting events you want to bet this week.

Here are the primary offers available at BetMGM on Sunday:

1. BetMGM bonus code LABSNEWS1500: Enjoy a 20% deposit match up to a max of $1,500 in bonus bets.
2. BetMGM bonus code FLNEWSGET: Bet just $10 and receive $200 in bonus bets, no matter what.

Please note that there are no special offers for new users in New York, Kansas, or Washington D.C.

BetMGM Bonus Code Breakdown

BetMGM’s deposit match offer stands out among sportsbooks, as most others tend to offer “first bet insurance” or bonus bets without conditions. With the deposit match, it’s straightforward: you’ll receive 20% of your deposited amount in bonus bets. For example, if you deposit $2,000, you’ll get $400 in bonus bets. However, there is a 10x play-through requirement. This means you must wager an amount equal to ten times your bonus amount to unlock the full bonus. In this case, that would be $4,000 in total bets.

The play-through requirement may seem challenging to achieve if you’re not an active bettor, but it becomes manageable if you are. It’s worth noting that BetMGM’s 10x requirement is more reasonable compared to DraftKings’ 25x requirement for its deposit match.

If the deposit match feels like too much effort, you can opt for the bonus code FLNEWSGET, which guarantees $200 in bonus bets after a $10 wager. You’ll have a week to utilize these bonus bets and potentially turn them into cash.

Bonus bets function as a common currency among most sportsbooks. You can keep the winnings from bonus bets but not the initial stake. For instance, if you place a $20 bonus bet on Jaylen Waddle scoring a touchdown at +120 odds and he does score, you’ll profit $24 but won’t retain the original $20 in bonus bets.

Signing Up with a BetMGM Bonus Code

To sign up at BetMGM and take advantage of these offers, follow these steps:

1. Visit BetMGM’s website or go directly to BetMGM.
2. Register with your genuine information, including your name and the last four digits of your SSN.
3. Use the BetMGM bonus code LABSNEWS1500 when checking out.
4. Make your initial deposit, with a maximum limit of $7,500. You’ll receive 20% of your deposit in bonus bets.