BetMGM $1500 Welcome Bonus
BetMGM (from the iconic MGM brand you've seen in any movie set in Vegas) is enticing new users with a big new user promo - a $1,500 first bet offer.
BetMGM’s $1,500 sign-up offer is one of the most generous promotions available for new users. This offer provides a safety net for first-time bettors by refunding their initial wager (up to $1,500) if their first bet loses, in the form of bonus bets.Known as the “First Bet Offer,” this promotion gives new users the confidence to place their first bet without the fear of losing their entire stake. It incentivizes new users to bet big without the stress of losing big!
How does the BetMGM Promo work?
Second-chance (or no sweat) bets are great in part because of their simplicity. All you need to do is place a bet, and if it loses you get refunded with bonus bets up to $1,500. If your first wager wins, then you'll receive your payout as normal.
To claim this offer, users need to sign up, make a deposit, and place their first bet. If the bet wins, users receive their winnings as usual. However, if the bet loses, BetMGM refunds the amount of the wager (up to $1,500) in the form of bonus bets. These bonus bets can then be used to place additional wagers on a variety of sports and markets, giving users a second chance to win.
The flexibility of this offer is a standout feature. The refunded bonus bets allow users to break them up into smaller amounts, rather than requiring them to be used all at once. This gives bettors the opportunity to spread their wagers across multiple events or try out different betting strategies. Whether you're interested in parlays, live betting, or prop bets, this promotion allows for a risk-free introduction to BetMGM’s platform, making it an appealing choice for new users looking for a significant first-time offer.
How to Claim the BetMGM Welcome Offer
Hit one of the green 'CLAIM' buttons on this page to activate your bonus and you'll be sent over to BetMGM.
The next thing to do is find your state, and get the registration process going. You will need some personal details like:
- Name
- DOB
- Address
- Social Security Numer
- Phone Number
Don't worry, this is all totally normal for a betting app to ask for, and they make it very simple to work through the sign-up process.
After registering, you can just head over to the App Store of Play store depending on if you use iPhone or Android, and just search 'BetMGM' to download.
Once you're on the app, deposit some funds to bet with, and place your first wager on any sporting event!
If your first bet loses you will receive bonus bets equal to the wager amount as soon as the bet settles, then you can start betting again.
If you bet wins then you don't actually see any bonus amount, but you will get all your winnings as normal!
BetMGM Promo T's & C's
- Must be 21 years or older and in an eligible state
- Only available to new customers
- Not eligible if you cash out or edit your bet
- Minimum deposit of $10 when signing up
- First $1500 of qualifying bet (real money funds deposited into the account)is eligible for the promotion
- Bonus Bets will generally be credited within 24 hours
- Only winnings from bonus bets are withdrawable
Visit BetMGM for full Terms & Conditions
Tips for Using a Second Chance Bet
Second chance bets are a great way to start off betting with a new betting app with some extra money to play with, but if you just chuck out any old bet you may not be maximizing the value of the promo. Here are a few things to keep in mind:
- You can take the long odds! - what we mean by this is you have a great opportunity to wager some money on a riskier bet than you may normally, knowing that you'll keep the same betting value if it loses, but if you win you can get a huge payout.
- How much you wager is the value of the bonus - while it may seem self-explanatory, your losing bet gets refunded however much you put in, up to the max bonus value of $1,500. Of course, you should only wager what you feel comfortable with, but a bigger bet leads to a bigger payout if you win, and you'll just be able to wager the same amount as bonus bets if you do lose.
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