BetMGM Promo Code: 2022

BetMGM Sportsbook is the official betting app of MGM Resorts International, one of the world's biggest and most renowned casino operators.

The BetMGM app is live in more than 15 states and has made significant strides in the last 2 years to challenge the leading “duopoly” of FanDuel and DraftKings. The BetMGM sportsbook offers a great depth of markets and betting options, as well as one of the better promo sections on the market. More about the BetMGM bonus below.

What are the BetMGM bonuses?

The BetMGM promo is relatively standard amongst the top US sportsbooks. The BetMGM bonuses offer new players an excellent opportunity to increase their bankroll by insuring their first bet up to $1,000. If the first bet is graded as a loss, players will get an equal amount of free bets credited to their account. If the first bet exceeds $50, you get it back in 20% increments. From the BetMGM Promo T&Cs:

Example 1: If you place a $1,000 Qualifying Bet and your Qualifying Bet loses, you will receive five (5) $200 FreeBets

Example 2: If you place a $49 Qualifying Bet and your Qualifying Bet loses, you will receive one $49 FreeBet

For users in Kansas, Illinois, and Los Angeles. The new BetMGM promo offers users $200 in free bets, once an initial bet of $10 has been placed on any NFL team to score a touchdown. This provides great value to increase your bankroll and is perfectly timed with the new NFL season. 

Other essential terms of the BetMGM promo

• The BetMGM bonuses (free bets) must be used within 7 days of them being credited to your account.
• There is no BetMGM promo code required for this offer. Simply sign-up using our link, and it will be automatically credited to your account.
• The BetMGM promo has scored a solid 75 (out of 100) on our bonus rating system and you can read our full BetMGM sportsbook review here. That is a very strong score, and the only drawback is its risk-free mechanics, which means you would technically have to lose the first bet to get the promo. 

How do we rate bonuses? 

We know sportsbook bonuses are designed to catch our eyes and that sometimes there can be more fluff than substance. So, we used all of our sports betting knowledge and created a system to cut through the hair and answer a simple question: Is this offer as good as it sounds?

Here's what we look at when we analyze bonuses:

• What is the advertised monetary value of the promo? Generally, the bigger, the better, as long as you can get it.
• What is the deposit to bonus ratio? Deposit $5k to score a $500 free bet is not ideal. A 1:1 ratio is pretty standard for sportsbook promos. However, if you look long enough, you'll find hidden gems that give you higher returns. Check our bonus lists for those! Hint: the hidden gems usually score more than 90 on our rating system.
• Do you get the bonus in one go, or is it released incrementally? The simpler, the better, so it's best to get everything in one shot.
• How much time do you have to use that bonus or free bet? The longer you have, the better.
• Finally, is it a risk-free bet, or is your bonus not conditioned by losing your first bet? Risk-free bets are not relatively risk-free as you still need to lose your first bet. On top, the parity between cash and free bets is not quite 1:1. That's why we believe it's always better that the promo is not conditioned to lose the first bet. Risk-free bets still provide you with proper insurance for a chance to build your bankroll.

The BetMGM promo is a great opportunity to build up your bankroll when you first sign up with them!

How to bet with BetMGM

To register an account with BetMGM, you'll need to enter the following info:

• Name
• Age
• Address
• Email
• Phone Number
• Social Security Number

Then, you'll have to deposit using one of the following options:

• ACH e-check
• BetMGM online Play+
• Credit card
• Debit card
• Online banking transfer
• GameOn
• PayNearMe
• PayPal
• Skrill

The minimum deposit is $10 for most of these options and should be credited instantly. Please note that Skrill payments may take up to 24 hours to process.

For bettors who are looking for the best value, our odds comparison tool shows the best odds for all the major sporting events across a variety of sportsbooks. Be sure to check it out to ensure you are not missing out on the best offers and to see how BetMGM compares against the rest. 

You may be asking now - Ok, but how do I withdraw money from BetMGM?

The minimum withdrawal amount is generally $20. 

FAQ

What states is BetMGM legal in?

You can check here the complete list of states where BetMGM operates in.

How do I withdraw money from BetMGM?

How do I contact BetMGM?

BetMGM has a solid customer support team. You can reach them 24/7 via live chat on their website or app.

What are the BetMGM sign-up bonuses?

The BetMGM promo is relatively standard amongst the top US sportsbooks. The BetMGM bonuses offer new players an excellent opportunity to increase their bankroll by insuring their first bet up to $1,000. If the first bet is graded as a loss, players will get an equal amount of free bets credited to their account. You can sign up using this link.