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BetMGM Bonus Code ON1500DM: Get 20% Deposit Match on CFB or NFL; $1.5K First Bet on the House Also Live

by:Christopher Ilenstine09/13/24
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BetMGM offers you a welcome promo for weekend football action with a choice of BetMGM bonus code when signing up.

Here are the two BetMGM bonus code promos available and where you can use them:

BetMGM bonus codeBetMGM promoStates available
ON1500DM20% deposit match, up to $1,500 in bonus betsAZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, PA, TN, VA, WV, WY
ON3MAX$1,500 first bet on the houseAZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY

BetMGM bonus code: How to claim one of the promos

  1. In most BetMGM locations, you have the choice between BetMGM promos. Use this link for the 20% deposit match or click here for the $1,500 first bet on the house.
  2. Tap the ‘Register’ button and provide verifying information to complete your new account.
  3. Deposit at least $10, required for whichever BetMGM promo you select. On the same page, apply BetMGM bonus code ON1500DM for the deposit match or ON3MAX for the first bet on the house.
  4. That’s it for the deposit match. Otherwise, place a first bet of any size to access the $1,500 first bet promo.

Activate one of the BetMGM bonus code offers

BetMGM bonus code ON1500DM: 20% deposit match, up to $1,500 in sports bonus

The deposit is easy to activate with BetMGM bonus code ON1500DM. As long as the deposit is $10 or more, it’s entirely up to you on how much to deposit.

BetMGM has a few requirements to meet upon making the deposit and earning the sports bonus. Say I deposit $1,000 and get $200 in sports bonus.

  1. I need to use all the sports bonus within seven days to avoid expiration
  2. I’m required to cash bet 10x the bonus earned, $2,000 in the example above. Once I meet that threshold, any cash winnings in my account can be withdrawn.

BetMGM bonus code ON3MAX: Get up to $1,500 back in bonus bets if your first bet doesn’t win

This promo covers your first bet, up to $1,500 in bonus bets, with the application of BetMGM bonus code ON3MAX. I suggest taking advantage of the coverage by creating a parlay or finding plus money odds for your first bet, since you can’t rely on insurance with future bets.

Assume I create a +280 parlay for Alabama and Oklahoma State to cover their respective spreads.

Here’s the logic:

Wisconsin has barely beaten two non-conference matchups and now hosts Alabama, a likely playoff contender. Even with an exceptional homefield environment, Wisconsin will have a hard time covering a large spread at +16.5.

Similarly, Oklahoma State takes on an inferior in-state opponent in Tulsa. While the spread is large at -19.5, OSU can ride behind an elite rushing attack.

If I place $500 on this parlay, for example, here’s how the BetMGM promo works:

  • Win – I profit $1,400 and keep my $500 stake to equal a $1,900 cash balance in my account
  • Loss – BetMGM sends five $100 bonus bets to cover my stake loss

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering. Bonus Bets Expire in 7 Days. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.

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