The 2023 NASCAR Cup Series season is about to get started, and you can use our BetMGM Bonus Code “TODAY” to claim a $1,000 First Bet on Sunday’s Daytona 500.
This welcome offer allows new users to get up to $1,000 back as bonus bets if their first bet on the Daytona 500 loses. Punch in BetMGM Bonus Code “TODAY” at sign up to take advantage of this offer.
FOX will have live coverage of the “Great American Race” starting at 2:30 p.m. ET.
This First Bet promo is available in most states where BetMGM Sportsbook operates, along with the District of Columbia.
| BetMGM Bonus Code | GTODAY50 |
| Type Of Bonus | $1,000 First Bet Offer paid back in bonus bets if you lose + $50 in Bonus Bets after your first bet |
| Special March Madness Bonus | Bet $10 on the March Tournament and Get $200 in Bonus Bets Instantly! (Not Available in DC, NY, MS, or NV) |
| Bonus Available In | AZ, CO, DC, IL, IN, IA, KS, LA, MA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY - Note: Offer not available in DC, MS, NV or NY |
| Verified For | March 2023 |
BetMGM Sportsbook
Grab $1,000 First Bet for Daytona 500!BetMGM bonus code TODAY gives new users up to $1,000 in a First Bet offer for Sunday’s Daytona 500. You’ll be paid back in bonus bets if your First Bet loses. Click here to claim the BetMGM Daytona 500 bonus offer!
BetMGM Bonus Code & Daytona 500 Betting Odds
NASCAR’s biggest race of the season is also the first on its annual schedule. The Daytona 500 is a crown jewel event that every driver hopes to win at some point during his career.
Here are 2023 Daytona 500 betting odds from BetMGM:
| Driver | Daytona 500 Odds BetMGM |
|---|---|
| Ryan Blaney | +1200 |
| Chase Elliott | +1200 |
| Denny Hamlin | +1200 |
| Kyle Larson | +1400 |
| Kyle Busch | +1400 |
| Joey Logano | +1400 |
| William Byron | +1600 |
| Ross Chastain | +1600 |
| Bubba Wallace | +1800 |
| Brad Keselowski | +1800 |
| Austin Cindric | +2000 |
| Tyler Reddick | +2200 |
| Kevin Harvick | +2500 |
| Christopher Bell | +2500 |
| Austin Dillon | +2500 |
| Alex Bowman | +2500 |
| Martin Truex Jr. | +2500 |
| Christopher Bell | +2800 |
| Chase Briscoe | +2800 |
| Daniel Suarez | +3300 |
Use BetMGM Bonus Code TODAY for $1,000 First Bet on Daytona 500
BetMGM Sportsbook Promo Code, Explained
BetMGM promo code TODAY gives new account users a First Bet on the Daytona 500 up to $1,000.
If your first bet settles as a loss, BetMGM will refund you in the form of bonus bets up to $1,000. Let’s say you bet the promotion’s maximum amount of $1,000 on Joe Gibbs Racing driver Denny Hamlin to win the Daytona 500 at odds of +1200.
Hamlin has already won the Daytona 500 three times in his Cup career. If he wins a fourth, congratulations, because you just won $12,000! If your First Bet on Hamlin loses, BetMGM will issue $1,000 to your account in the form of bonus bets.
You haven’t lost anything, as the bonus bet credit can then be used within seven days on another single wager for any sports that BetMGM offers.
Read more: Our BetMGM Sportsbook App Reviews | All the Top Sports Betting Apps
Daytona 500 Betting Analysis
If you’re a newcomer to NASCAR, it’s important to understand how racing works at superspeedways before betting on the Daytona 500. To succeed in the Daytona 500, a driver needs to work with teammates to gain an aerodynamic advantage in the draft.
When you examine the top of the Daytona 500 betting board, you’ll notice drivers from high-powered, multi-car organizations such as Joe Gibbs Racing and Hendrick Motorsports among the favorites.
This stands to reason, but it doesn’t guarantee one of their drivers will win the 500. Last year, Penske Racing rookie Austin Cindric scored his first Daytona 500 victory at odds as high as +3000 (or 30-1). In 2021, NASCAR journeyman Michael McDowell won the Daytona 500 as a +10000 (or 100-1) longshot.
NASCAR’s superspeedway events are a bit of a crapshoot, and typically you’ll see a multi-car crash known as the “Big One” eliminate several big drivers that get caught up as collateral damage.
Just be glad BetMetMGM is giving you a First Bet up to $1,000 on the Daytona 500! That’s a great insurance policy to have for what can often be a highly unpredictable race.
Go Fast: Click to get $1,000 First Bet on Daytona 500 at BetMGM!
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