BetMGM: How to Get Up to $1,500 Back on Your First Bet
If you're sports fan, sports betting can be a fun way to raise the stakes of your favorite game and maybe even win a little extra money in the process! Our editors tried the BetMGM app and are giving you their honest thoughts.
If you’re a sports fan, sports betting can be a fun way to raise the stakes of your favorite game and, potentially, earn a little money in the process. While we’re not huge gamblers here at Brad’s Deals, we are not opposed to making a little extra dough!
Sports betting is on the rise as more and more states begin to legalize online betting. Since the market is becoming more competitive, sportsbook apps are offering very generous welcome offers for first time users. Utilizing these offers is one way our editors like to use sports betting apps to their advantage.
Recently, we tried out BetMGM to take advantage of their welcome offer. In this article, we’ll tell you everything you need to know about the BetMGM app and how you use their welcome offer to your advantage.
What is BetMGM?
BetMGM is the sports betting division of MGM both online and in MGM Casinos worldwide. You can bet on nearly every sport through Betmgm.com or the BetMGM mobile app. From the NFL to the PGA to the UFC, you're sure to find ways to win on your favorite sporting events.
Is online betting legal in my state?
BetMGM is currently available in over 20 states that have legalized online sports betting. You can check out this map to see what kind of betting options are available in your state.
How do I sign up?
You can sign up either online at BetMGM or through the BetMGM app. Once you enter your information and create a new account, you will need to verify your identity and age before you are able to use the service. Check out this video for more information on how to upload documents to BetMGM.
You’ll need to have an account for each location in which you wish to wager. For example, if you have an active account in Michigan, but are traveling to New Jersey, you will need to create an account registered in New Jersey to play on the MGM platform.
How do I get my $1,500 in bonus bets?
- What sets BetMGM apart is their unique welcome offer. First time users can earn up to $1,500 back in bonus bets if they lose their first bet. Here’s how it works:
- Sign up for a new BetMGM account and make a deposit of $10 or more.
- Download the BetMGM Sportsbook App.
- Place your first bet.
- If your bet loses, you will get bonus bets back equal to the stake (up to $1,500).
Bonus bets are credits that allow you to place another bet with BetMGM Sportsbook. They cannot be cashed out or withdrawn and are lost when bets placed with these credits lose. They expire within 7 days.
With this offer, you could choose to bet on a favored team for the highest likelihood of winning and making a profit. You could also choose to make a bold bet on an underdog for a larger payout. However you choose to play, this is an ideal way to get into sports betting because you’ll receive a bonus bet for your loss. Even if you lose, you can essentially “re-spend” your money to make it back.
Our Editor’s Honest Review
Brad’s Deals editor Christina here! I have used BetMGM to take advantage of their bonus bets intro offer and can say that I would recommend it. I like to save money, not lose money, so the way I used my bonus bet offer was basically as “security” to make a larger bet than I normally would. In doing so, I had fun and made myself a quick $74! Here’s how I did it:
We’re not a sports household, but my husband and I both love the UFC. While we're totally content in watching the fights on their own, we recently have started sports betting to raise the stakes. To take advantage of the BetMGM intro offer, I waited until fight night to make an account. It was super user-friendly and easy to use. I was able to verify my identity and start betting that same day.
When it came time to place my bet, I figured the worst that could happen was that I would get my money back in bonus bets and I’d just have to keep playing to try to recoup my funds. So I got a little bold and placed a bet of $100, which is a big bet for me as I’m not a frequent gambler. I have to say, cheering for my favorite fighter was much more exciting when I had some stakes in the game! She was favored to win, so I made a safe bet that would yield me less winnings but was more likely to win.
When she did win, I made an easy $74! Adding and withdrawing money was also super easy and straightforward. I would recommend BetMGM with this intro offer because it is a really low risk way to place a bold bet or even just try out sports betting to see if it's for you.
Please note: This offer is only available to those 21 and older.Please Gamble Responsibly. Gambling problem? Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981-0023 (PR). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Rewards are non-withdrawable Bonus Bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.