BetMGM Promo Code: Up To $1,500 In Bonus Bets

BetMGM promo code ‘CBSSPORTS’ offers new users a great sign-up bonus of $1,500 back as a bonus bet that new users can use to bet on any Week 12 NFL game, including Ravens-Chargers on Monday night.

BetMGM welcomes new users with a $1,500 back as a bonus bet. Take a look at the details of the offer below:

As mentioned, the BetMGM welcome bonus provides as much as $1,500 in bonus bets. The offer is a first bet insurance promo, which allows you to place your first bet, and depending on the outcome, you’ll receive a profit or a bonus.

For example, if you place an initial bet for $1,000 at -110 odds, you would get $909.10 in profit with a win, ending the offer. If the first bet loses, you receive $1,000 in bonus bets equal to your first wager. The most you can earn is $1,500.

The BetMGM welcome bonus is straightforward and works almost identically like other first bet insurance promos in the sports betting industry. 

Sign up for an account, enter the promo code ‘CBSSPORTS’, make a minimum $10 deposit and place your first bet. If you win the bet, you receive the profit, and the offer ends. If you lose the bet, you receive bonus bets equal to your losing stake. The most considerable quantity of bonus bets you can earn with the BetMGM bonus is $1,500.

There is no minimum odds requirement attached to the BetMGM welcome bonus. Your first bet can be placed at whatever odds you want. You can place a longshot NBA bet at +1000 or a short odds moneyline bet at -300. It’s entirely up to you.

All bonus bets you receive with the BetMGM promo are subject to a 1x playthrough requirement. You only have to use the bonus bets once to convert all profit into withdrawable cash value. This only applies if you lose your first bet. If you win it, the offer is negated because your profit is returned as cash value.

When you receive bonus bets at BetMGM, you must use them within seven days or they will expire. These bonus bets work the same way as most, holding zero cash value. They can be viewed as site credit for the most part. When you use them and win a bet, you don’t receive the value back, just the profit.

BetMGM updates its ‘Promotions’ page each and every day, allowing returning customers to take advantage of multiple offers on a day-to-day basis. Check out today’s promos below: 

Use your NBA Cup Odds Boost Token to get a bigger payout on any NBA Cup wager.

Invite your friends to join BetMGM and you can both earn a $100 bonus!

Play the free-to-play game “Fast Break” for a chance at daily rewards!

You can slap a 20% odds boost token to your NHL straight, parlay or same game parlay wager of $20 maximum and -300 minimum overall odds after opting in to this promotion.

Bet on the college basketball action and tag a 20% odds boost token to one of your wagers. Your qualifying wager can be a straight bet, parlay or a same game parlay with a maximum limit of $20.

Place a three-plus-legged parlay or same game parlay with minimum overall odds of +400 or longer and receive a 20% boost increase following opt-in.

Place any “First Touchdown Scorer” wager, and if your player doesn’t score first, but scores second, get your entire stake back in cash. No opt-in is required, and cash received back from this promo is completely unrestricted and withdrawable.

Place a regular time bet on either team in the “Match Result” market. If they take a 2-goal lead, your bet will be paid out early as a winner no matter the result of the match

On top of the welcome bonus and promos related to ongoing events, BetMGM provides its customers with plenty of daily offers. Let’s discuss some of the most popular bonuses at BetMGM.

BetMGM is the product of MGM Resorts International, one of the most prominent gaming and entertainment companies in the world. Online sports bettors can get some great perks with MGM rewards. You can earn value back for every bet you place toward hotel stays, vacations and sports betting bonuses.

BetMGM’s most common bonus type offered to existing customers is the odds boost. Odds boosts do precisely what they sound like they do; they boost your odds. BetMGM might offer a 33% odds boost token, increasing your potential profit.

Another popular bonus feature available at BetMGM is bet insurance. This differs slightly from the welcome bonus because it’s typically for much smaller maximum bonuses, but the idea is the same. You can place a bet and get back bonus bets if it loses. This often applies to parlays, especially same game parlays.

Signing up for a new account at BetMGM is relatively simple. Follow the steps below, and you should be registered and well on your way to claiming up to $1,500 in bonus bets.

BetMGM routinely offers welcome bonuses that lead the industry in customer value, making it one of the best sportsbook promos available.. The site’s current offer is no different, providing as much as $1,500 in bonus bets. Multiple competing sites offer a maximum bonus of $1,000, but BetMGM blows that total out of the water.

Check out how the BetMGM sign-up bonus compares to sites like FanDuel, Fanatics Sportsbook and bet365.

BetMGM refers to itself as “The King of Sportsbooks”, and it’s unquestionably one of the premier sports betting sites in America. 

At BetMGM, customers are well taken care of with promotional offers. You already know about the First Bet Insurance Up to $1,500 in Bonus Bets welcome offer, but there is much more. Odds and profit boosts, as well as bonus bets, are all prevalent at BetMGM. Not only that, but the sportsbook features a top-tier rewards program.

Looking for the key features that are expected in this day and age? BetMGM has you covered. You will be able to stream events live, place bets while games are in progress, cash out wagers early, and navigate a top-notch mobile app at BetMGM.

BetMGM supplies its bettors with tons of betting markets and bet types as well. Their niche markets include cricket, darts, handball, Snooker, table tennis, and volleyball, among others. 

BetMGM provides a long list of options for handling deposits and withdrawals. Transactions process rapidly and all of the available methods are secure. View below:

BetMGM utilizes a registered trademark of British Columbia Lottery Corporation known as GameSense to promote safe and responsible gambling practices. 

If you click the ‘Responsible Gaming’ icon located next to the BetMGM logo at the top-left of the page, you will be taken to a very in-depth problem gambling section of the site. 

There, you can view all kinds of resources, most notably under the ‘State Resources’ tab.

BetMGM is one of the longest-standing online sportsbooks in the industry and continues to claim a significant portion of the U.S. sports betting market share. The brand attracts new users in part due to its welcome bonus and selection of promotions.

The welcome bonus at BetMGM is one of the best you’ll find, delivering as much as $1,500 in bonus bets with first bet insurance. While this offer won’t last forever, we expect BetMGM to continue offering some of the most significant potential bonuses. You can claim the offer in 22 of BetMGM’s legal states.

BetMGM has also historically done a solid job incorporating promos into ongoing events, like the NFL Playoffs, NBA Finals or any golf major. You can find plenty of odds boosts and bet insurance promos for these events.

The MGM Rewards program is one of the best rewards systems in the sports betting landscape. Because MGM is such a reputable brand with brick-and-mortar locations worldwide, you can rack up points toward excellent prizes like hotel stays, vacations and more. This comes in addition to the welcome bonus and any other promos.

BetMGM Sportsbook is one of our top-ranked sports betting sites, and its promotional value is a big part of that. BetMGM does a great job of welcoming new users and keeping existing users happy with the promotions available. We recommend registering at BetMGM today to get your hands on as much as $1,500 in bonus bets from the start.