BetMGM Promo Code LABSTOP Offers $1,000 First Bet on the House All Week

The MLB trade deadline is nearing (Tuesday at 6 p.m. ET), so if you want to get in on the betting action before the rosters are shaken up, Monday is the time. The best way to get started is to sign up with BetMGM Sportsbook using BetMGM promo code LABSTOP to get $1,000 in first bet-insurance.

Here’s everything you need to know plus our first bet pick for Reds-Cubs Monday night.

What is the BetMGM New-Customer Bonus?

Each sportsbook offers a unique new-customer bonus. If you’re signing up with BetMGM Sportsbook for the first time, you can take advantage of their lucrative first-offer bonus which aims to give first-time bettors a second chance at some initial cash.

The new-customer bonus at BetMGM Sportsbook, which can be unlocked with BetMGM promo code LABSTOP, is a second-chance bet on the house up to $1,000. This means if your first bet (up to $1,000) loses, BetMGM will match your wager amount and give it back to you in bonus bets. For example, if you bet $500 on the Cubs to win tonight and the Cubs lose, you’ll get $500 in bonus bets you can use to try again. Pretty nice, right?

How to Use BetMGM Promo Code LABSTOP 

In order to claim BetMGM promo code LABSTOP, you first need to make sure you’re in one of the 16 states offering this new-customer bonus. Here are the participating states:

• Arizona
• Colorado
• Illinois
• Indiana
• Iowa
• Louisiana
• Massachusetts
• Maryland
• Michigan
• New Jersey
• Ohio
• Pennsylvania
• Tennessee
• Virginia
• West Virginia
• Wyoming

So long as you’re located in one of those states, you’re ready to create your account and start building your account balance. To get started, click on this link and create your account using BetMGM promo code LABSTOP. Once your account is set up, you can start skimming through the BetMGM app or website and get familiar with the layout. When you’re ready, you can place your first bet up to $1,000.

If your first bet wins, then congrats — you just made some money with your first bet at BetMGM Sportsbook. If your first bet loses, that’s when you’ll notice the benefits of the BetMGM promo code you used to create your account. You’ll be repaid the amount of your first wager (up to $1K) in bonus bets.

How to Bet on Monday’s MLB Slate

There are 10 games around the MLB Monday and each one presents different narratives for betting. My favorite bet of the night involves an NL Central showdown, and it doesn’t involve picking the winning team: I’m looking at the Cincinnati Reds at Chicago Cubs

Previewing Reds at Cubs

Early in the season, it looked like the steady Milwaukee Brewers were going to be runaway favorites to win the NL Central Division. Now, on the final day of July, it’s turned into a three-team race.

The Brewers are 0.5 games back of the first place Reds who have been dominant since deciding to rely on their young talent. And the Cubs, who are four games back, are all of a sudden in contention after an eight-game winning streak.

The importance of this game (and series as a whole) makes it difficult to predict. The Cubs need to win these games to make up necessary ground in the divisional race, while the Reds need to win to put some distance between them and the two rivals chasing them down.

That’s why tonight, we’re going to avoid the moneyline and we’re going to look at the total runs.

Breaking Down the Pitching Matchup

While the Reds and Cubs both have offenses capable of exploding for runs, the pitching battle tonight is likely to steal the show.

The Reds have Andrew Abbott on the mound, a young pitcher who has burst onto the scene this season with a 1.90 ERA in 10 games. The Cubs have the sensational veteran Marcus Stroman on the hill, who’s also put together a nice season at a 3.51 ERA.

BetMGM Sportsbook has the total for this game set at 8 runs with the under at -105 odds. It may not be fun to cheer for defense, but it has value heading into Monday night. Consider using your first bet with BetMGM Sportsbook to back the pitchers in this divisional rivalry. If it loses, then you can cash in on the BetMGM promo code using the bonus bets you receive in return.

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