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BetMGM is like many sportsbooks in that it has special promotions for its users. Sports bettors can take advantage of these promos with the BetMGM app or website.
There are promotions for first-time and long-time sports bettors alike. The promos give users unique opportunities to earn refunds, bet with improved odds or win risk-free bets. Most promos stipulate that you must wager a refunded bet by a specific date.
A deposit bonus is available for new BetMGM customers. BetMGM also provides rewards for live betting and daily odds boosters.
Here’s a look at the best promos available with BetMGM in 2022:
Best BetMGM Promos
Here is a look at some of the best promotions available at BetMGM Sportsbook.
King of the Weekend
This promotion lasts for the whole NFL season and doesn’t require you to risk anything. Pick the six highest-scoring teams in order from a group of five games and you’re eligible to win $50,000 in cash. The prize for correctly picking the top-five scoring teams is a $250 free bet, while getting the top-four right is worth a $50 free bet. A $1,000 guaranteed prize is given to the top scorer each week.
Money Monday Club
By opting into the Money Monday Club, you’ll get a free $10 bet for wagering at least $50 in qualifying bets for the previous week from Monday through Sunday. You have seven days to wager the $10, and it has to be used on a single bet.
One-Game Parlay Insurance
A one-game parlay (commonly called a “single-game” or “same-game” parlay) is a bet that includes multiple wagers on the same event, all of which have to be correct in order for the parlay to be a winner. BetMGM’s promotion, however, allows your bet to be refunded up to $25 if only one of the picks in the parlay is wrong. The promo can be used for the NFL, NBA or EPL. The parlay has to include at least four legs, and the promotion is only good once per day.
Parlay Plus
If you bet a parlay featuring between four and seven legs, this promo allows your profits to increase by up to 40%. A $100 bet on a five-leg parlay that would normally result in a $200 profit, for instance, would net a $280 profit with the Parlay Plus promo.
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How to get these promotions at BetMGM
Getting the BetMGM promotions is simple, though you’ll have to provide some personal information and opt-in to each individual promo before doing so.
- Create an account with BetMGM.
- Deposit to fund your account.
- Click on the promotions tab on the BetMGM app or website.
- Choose the promo you’d liked to use.
- Click “Opt In” for the promo.
- Place your bet.
Best BetMGM Welcome Bonus
Your first bet with BetMGM is risk-free up to $1,000. If your initial wager with the sportsbook loses, you’ll be given a refund to be placed on future bets.
For example, if you had bet $1,000 on Michigan (+240) against Georgia in the 2021 Orange Bowl with the welcome bonus, your account would be refunded $1,000 to be used on future bets after the Wolverines were defeated 34-11. Had you bet on Georgia, your wager would've been paid out like any other winning bet.
The welcome bonus is paid in free bets. It cannot be withdrawn from your account and must be used for betting with BetMGM.