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Sign up with the BetMGM Sportsbook bonus code TODAY to claim a sign-up offer worth $1,500 in some states.
The BetMGM promo for new users in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NC, NJ, OH, PA, TN, VA, WV, WY is a first bet refund worth up to that $1,500 limit.
After creating your account, you’ll need to deposit $10 or more. Then, place your first bet for at least $10. BetMGM then refunds your losses if that qualifying wager loses. The refund comes as bonus bets.
These BetMGM bonus bets are non-withdrawable. You have seven days to use them before they expire.
In Nevada, new customers can get up to $250 in Bonus Bets if your first bet doesn’t win.
How to use the BetMGM bonus code to get $1,500 in bonus bets
For folks in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NC, NJ, OH, PA, TN, VA, WV, and WY using the BetMGM bonus code is easy and claiming the BetMGM Sportsbook sign-up offer is straightforward. Here’s a guide to exactly what you need to do:
- Open a new BetMGM Sportsbook account using the BetMGM bonus code TODAY.
- Deposit at least $10 into your account.
- Place your first bet for $10 or more. This is the bet that is eligible for the first-bet refund. You do not get a second chance, so be sure you’re comfortable with your bet and wager.
- Win your first bet and the welcome bonus goes away. This is not a bad thing, you won your bet and are off to a great start at BetMGM Sportsbook.
- Loe your first bet and BetMGM issues you a bonus bets refund. If your first bet was between $10-$49 you’ll get a single bonus bet for 100% of your bet (i.e., $25 loss gets you a $25 bonus bets). If your first bet was for $50+ you’ll get five bonus bets, each for 20% of your bet (i.e., $500 loss gets you five $100 bonus bets).
- Use your bonus bets within seven days. If you do not use a BetMGM Sportsbook bonus bet during this timeframe, it will expire.
BetMGM Sportsbook Bonus Code Details
Here is a quick look at the BetMGM bonus code breakdown, including terms and conditions and the states where the bonus is available.
| BetMGM Bonus Code | TODAY |
|---|---|
| Sign-Up Offer | Welcome Bonus up to $1,500 Up to $250 in Bonus Bets if your first bet doesn't win (Nevada only) |
| Minimum Deposit | $10 |
| Terms of Use | • The minimum bet requirement is $10. • Losing bets of $49 and below get a single bonus bet refund. • Losing bets of $50 and above get five bonus bet tokens 20% the size of your first bet. • Bonus bets expire seven days after being issued. |
| Legal US Sportsbook? | Yes |
| Eligible States | AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NV, NY, NC, OH, PA, TN, VA, WV & WY - Note: Offer not available in NY |
| Payment Options | Visa, Mastercard, Amex, Discover, PayPal, Play+, Apple Pay, Venmo, VIP Preferred, online banking, PayNearMe, wire transfer, BetMGM Card, Game On card, cashier cage (certain states), check by mail (payouts: New Jersey only) |
| Bonus Code Valid In | March 2025 |
How to Claim Your BetMGM Sportsbook Welcome Offer
Use the following steps to claim the BetMGM Sportsbook bonus code sign-up offer.
Sign up for a BetMGM Sportsbook account. Include basic information like full name, date of birth, physical address, and email address. You also will need to enter the BetMGM bonus code GTODAY50.
Deposit $10 or more into your BetMGM Sportsbook account.
Place your first wager between $10 and $1,500. The potential refund will match this wager size.
Collect your payout according to the bet’s odds if your bet wins.
If your bet loses, receive a bonus bet refund equal to the size of your first bet. A $1,500 bet would unlock a $1,500 bonus bets refund. But this offer is only available for new customers who sign up in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NC, NJ, OH, PA, TN, VA, WV, and WY.
In Nevada, new customers will get up to $250 in Bonus Bets if your first bet doesn’t win.
If your bet was for $50 or more, you’ll get the refund in the form of five bonus bet tokens. Each token is worth 20% of the original bet.
If your bet was for $49 or less, you’ll get a a single bonus bet equal to 100% of your losing bet.
Use your bonus bets within seven days, or they will disappear from your account.
BetMGM New User Offer: What You Need to Know
Our exclusive BetMGM Sportsbook bonus code offer is available to all new BetMGM users. You must be 21 years of age or older when signing up, and you must do so from a state where BetMGM Sportsbook is legal. Here are some other key details.
- Bonus bets cannot be redeemed at other BetMGM brands, including BetMGM Casino, BetMGM Poker, Borgata Sports, etc.
- Only one sign-up offer is available per person.
- The value of a bonus bet does not transfer over into the winnings of a bet. For example, if you have a $100 BetMGM bonus bet and you win a bet with +100 odds, $100 will be added to your BetMGM Sportsbook wallet, not $200 because the value of the bonus bet does not transfer over.
- There are no odds restrictions on your qualifying bet.
- Bonus bets have no Cash Value.
- If you cash out your qualifying bet early you will no longer be eligible for the BetMGM bonus code sign-up offer.
- Employees, officers, directors, and representatives of BetMGM cannot accept the money. Immediate family members of such people also are not eligible.
BetMGM and Rival Sportsbooks Head-to-Head
BetMGM Sportsbook stacks up to the competition according to deposit terms, daily promotions, standard odds, reward clubs, and availability. The table below includes DraftKings, Caesars, FanDuel, bet365, and other top rivals for maximum perspective.
| Sportsbook | # of legal states | Min. deposit | Daily promos? | Betting odds? | Rewards Club | Overall Rating |
|---|---|---|---|---|---|---|
| BetMGM | 22 | $10 | Lion’s Boosts and Parlay Boosts are solid. | Massive selection of player props. | Excellent. | 4.6 out of 5 |
| DraftKings | 21 | $5 | Yes, wide variety. | Quality varies from game to game and sport to sport. | Excellent. | 4.7 out of 5 |
| Caesars | 21 | $10 | Tons of odds boosts, not much else. | Slow to adjust prices—the best for micro-markets in live betting. | Excellent. | 4.5 out of 5 |
| FanDuel | 23 | $10 | Fairly minimal. | Toggle the spread for potential boosted odds. | Poor. | 4.7 out of 5 |
| Bet365 | 10 | $10 | Yes, quite a few, with good variety too. | Best odds for soccer and baseball. | Poor. | 4.7 out of 5 |
| Fanatics | 21 | $5 | Very few. | Fairly average. | Excellent. | 4.7 out of 5 |
| ESPN Bet | 18 | $10 | Not a lot, but good quality. | Odds not great, but select markets not found elsewhere. | Average. | 4.5 out of 5 |
| BetRivers | 14 | $10 | About average in quantity and quality. | Uses Kambi odds with some minor variations. | Solid. | 3.9 out of 5 |
BetMGM Legal States and User Experience
BetMGM Sportsbook is legal in 22 states, the District of Columbia, and Puerto Rico. MGM Resorts — known for world-famous casinos like MGM Grand, Bellagio, Mandalay Bay, and Borgata — owns and operates the sportsbook. It offers competitive standard odds, an excellent set of daily promos, and access to one of the best player rewards programs in the world.
Bettors can use either the desktop version or the BetMGM Sportsbook apps for Android and iOS devices. The mobile app has a 4.65 rating, considering its 4.8 rating on the iOS App Store and 4.5 rating on the Google Play Store. In either case, players can use Live Game Tracking to view their bet results as they happen. Many games are live-streamed to people’s devices.
Customers have 15 deposit methods and 11 payout methods. Most withdrawal options return the money to your account within 24 hours. BetMGM Sportsbook offers a world-class sports betting product with few drawbacks. You can also check out our full BetMGM Sportsbook review for more information.
BetMGM Sportsbook is now available throughout Washington, DC
BetMGM Sportsbook went live in Washington, DC in June 2021. However, at that time, you had to be within a two-block radius of Washington Nationals Park to sign up and place bets. But thanks to a change in the sports betting law in DC, starting on July 17, 2024, you could sign up with BetMGM Sportsbook from anywhere in Washington, DC.
Other Promotions at BetMGM Sportsbook
Sign-up Bonus
Using our exclusive bonus code, new customers can claim up to $1,500 or $250 in bonus bets. The amount depends on the offer available in your state.
Multi-Sport Parlay Bets
Wager on two or more sports to receive boosted payouts. Multi-sport parlay bets receive odds up to 33% higher than standard parlays.
SGP+ Builder
The SGP+ tool helps you combine two smaller parlays or build SGPs from scratch. Collect large payouts when you stack same-game parlays together.
Playoff Special Offers
BetMGM Sportsbook offers boosted odds on select postseason games when popular sports enter their postseason. This last year’s Stanley Cup Finals bets had boosted odds up to 50%.
MGM Rewards
Each sports bet receives rewards points for comps, cashback, and other rewards useful at MGM Resorts. That includes more than 20 resorts across the United States. Receive free rooms, tickets to sporting events, and bonus credits at BetMGM Sportsbook.
Comparing BetMGM’s Welcome Bonus to Competing Offers
The BetMGM bonus of up to $1,500, and it is on par with what you’ll find at online sportsbooks throughout the US. Two of the most similar sign-up offers can be found at Caesars and bet365.
Caesars Sportsbook offers a better bonus for players who want to place plentiful smaller bets: new customers get 10 consecutive profit boosts after placing their first bet ($1 or more). At bet365, however, you can get a first bet refund of up to $1,500, and the refund comes as bonus bets that can be wagered like cash. For this reason, we prefer the bet365 welcome bonus.
Then you have two of the biggest names in sports betting, DraftKings and FanDuel. At DraftKings promo code gets you a three-part welcome bonus worth up to $1,250. The only negative with this offer is $1,000 comes as a 20% deposit match with a 25x playthrough requirement. We still like the DraftKings offer better though because you get a $50 bonus bet with your first deposit and a $200 in bonus bets with a single $5 bet.
The FanDuel welcome bonus is for $200 in bonus bets if you bet and win your first wager. This is a unique offer because you have to bet and win to get the bonus. The good news is there are no odds restrictions on your opening wager, though, so you can bet on a heavy favorite to claim your bonus.
All and all the BetMGM bonus code sign-up offer is solid. We see very little downside to signing up with the BetMGM bonus code GTODAY50 and giving the online sportsbook a try.
BetMGM Bonus Code FAQs
Yes, use the BetMGM bonus code TODAY to claim a $1,500 sign-up bonus for new users in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NC, NJ, OH, PA, TN, VA, WV, WY.
The same code is good in Nevada for up to $250 in Bonus Bets.
See the BetMGM Sportsbook Bonus Code Details section above for complete details.
You must deposit at least $10 to be eligible for the sign-up bonus at BetMGM Sportsbook. Where eligible, to get the full $1,500 refund, though, you will need to make a $1,500 first bet. This means you would need to deposit at least $1,500 to get the full amount.
BetMGM Online Sportsbook is currently available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, Washington DC, West Virginia and Wyoming.
Yes, BetMGM Sportsbook is a 100% safe and reputable online sportsbook. BetMGM is legal in 21 states and Washington, DC.
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