BetMGM Promo Code for a risk-free bet of up to $500 - BetMGM Review

Bet MGM Sportsbook Review


Most Popular
Bet MGM  Sportsbook

Bet MGM Sportsbook

Risk Free First Bet up to $600
5/5
Most Popular
Bet MGM  Sportsbook
5/5

Our Verdict: Excellent

Claim Now
Bet MGM  Sportsbook
Risk Free First Bet up to $600

Show Bet MGM Sportsbook T&C's

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Bet MGM Sportsbook welcome bonus

  • Risk Free First Bet up to $600

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Bet MGM Sportsbook Promo Codes

West Virginia

BetMGM WV

First Deposit Bonus of up to $1,000 With Bonus Code: HOWTOBETMGM

4.6

T&C’s: Sign up with BetMGM WV promo code HOWTOBETMGM and receive a first-time deposit match of 100% up to $1,000, including a $25 free play and $10 free bet.
HOWTOBETMGM
Claim Now
Virginia

BetMGM VA

Risk-Free Bet of up to $600 With Bonus Code: HOWTOBETMGM

4.6

T&C’s: Sign up with BetMGM VA promo code HOWTOBETMGM and your first bet will be refunded in the form of free bets if it loses, up to a maximum of $600.
HOWTOBETMGM
Claim Now
Tenneessee

BetMGM TN

Risk-Free Bet of up to $600 With Bonus Code: HOWTOBETMGM

4.6

T&C’s: Sign up with BetMGM IN promo code HOWTOBETMGM and your first bet will be refunded in the form of free bets if it loses, up to a maximum of $600.
HOWTOBETMGM
Claim Now
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Payment Options

 
Deposit
Withdraw

Game Suppliers

Desktop
Mobile
Live

Verdict

5/5

Our Verdict: Excellent


Bonuses 5/5
Usability 5/5
Games 4/5
Banking 5/5
Mobile 5/5

Bonuses

Risk Free Bet BonusUp to $500
Bonus Code--
Wagering RequirementsMust be used within seven days
ForfeitableYes
Deposit BonusNo
Exclusive BonusNo

Properties

Minimum Deposit$10
Requires RegistrationYes
Live CasinoIn selected states
Vip ProgramOnly for casino
Live ChatYes
Sports BettingYes

General Properties

NameBetMGM
Launched2019
LicenseUnited States
PlatformProprietary
CurrencyUSD
LanguageEnglish, Spanish

Bet MGM Sportsbook

BetMGM Promo Code

betmgm-bonus-code
BETMGM Bonus Code: "HowToBet"

You can help yourself to an initial risk-free bet worth up to $600 at BetMGM Sportsbook. If you win, that's awesome. If your bet loses you will get your cash back in free bet credits. You won't need a BetMGM promo code to take advantage of this offer.

BetMGM Promo CodeHOWTOBET
Bonus ValueRisk-Free bet worth up to $600
Claim RequirementsOnly awarded if first bet loses
Time Limit7 Days
Rollover RequirementsNone
BetMGM Promo Code Overview

Instructions: To enjoy this risk-free offer, you simply need to sign up for an account. Make your first bet and if it loses you will be given free bet credits. These will be equal to the cost of the first bet, up to a maximum of $500. You won't need an BetMGM promo code for this promotion.

About BetMGM Sportsbook

There are few names in the entertainment and gaming industry bigger than MGM. From its origins as a film company, a resort and betting giant was born in the 1970s. 

It now has ten properties on the Las Vegas Strip, casinos and resorts in another seven US states, and a total of seven casinos and resorts in China, including the three million square foot MGM Cotai on the Cotai Strip in Macau.

BetMGM has been associated with sports wagering for decades. Its entry into modern US sports betting is backed by Roar Digital - a joint online venture between MGM and GVC Holdings. The latter-named is one of the world's largest sports betting and gaming technology groups, with operations in 18 different countries.

The two companies came together in 2019, when the MGM online sports betting offering was known as PlayMGM. It has since rebranded to the BetMGM name that we are all familiar with today.

BetMGM Promo Code Bonus

The only thing better than being able to place sports bets legally is to place those sports bets without any risk of losing. That's what BetMGM is offering to its new customers across the country.

Register for an account and make a deposit of at least $10, and then place your first bet. If it loses, your account will be credited the amount lost - up to $500 - in free future bets.

You'll get 10 free bets, each of which will be worth 10% of the sum that you lost on your first bet.

For example:

  • Lose an initial bet of $250 and you'll get 10 free bets of $25 each.
  • Lose an initial bet of $500 and you'll get 10 free bets of $50 each.

BetMGM Promo Code Terms and Conditions

  • Free bets will appear in your account within 24 hours.
  • You must use all free bets within seven days. Fail to do this and you will forfeit them.
  • If you win your free bet, all winnings will be yours to keep. However, you cannot keep the value of the free bet itself.
  • You cannot cash out free bets or use them towards any other qualifying offers.
  • The risk-free bet promotion is limited to one per person, household, or computer.

Other Bonus Offers

The welcome bonus offered by BetMGM is the main bonus that you can take advantage of as a new customer. However, throughout the season there will be a variety of other offers and promotions that rotate.

During the NBA and college basketball seasons, BetMGM has offered free bets of up to $100 on live basketball betting. In the past, they've also featured what is called the Money Monday Club. With that promotion, if you have placed at least $50 in qualifying wagers during the previous week, on Monday, you will be given a $10 free bet.

BetMGM Loyalty Program

Right now, the BetMGM loyalty program is exclusively for casino gamblers. It is not yet operating with their online or mobile sportsbook. For this reason, sports wagers will not contribute to the iRewards or M Life programs that you may be familiar with.

Sports Wagers at BetMGM

Since not every sport takes place at the same time, sometimes it's hard to see exactly all that a sportsbook has to offer. But a quick glance at BetMGM's 'Sports House Rules' shows just how comprehensive their list of available sports truly is.

Available Sports

There are no less than 43 different sports that are available to wager on BetMGM. They have badminton, baseball, basketball, beach soccer, beach volleyball, biathlon, and boxing - and that's just the B's.

The alphabetical list begins with athletics (track & field) and Aussie rules and goes all the way to water polo. You also can bet on chess and cricket, field hockey and floorball, rowing and rugby, to ski jumping and speed skating. And almost everything else you can think of.

It really is one of the most impressive lists of available sports that you can find anywhere. They also offer betting on esports, although not all states have made that legal.

Available Wager Types

BetMGM breaks down its wagers into three major categories. One pick (single bet), two or more picks (a parlay), and three or more picks (a round robin). And each of those 'picks' can come from the following types of plays.

  • Point Spread: win/loss bet with points determining the favorite.
  • Moneyline: win/loss bet with odds determining the favorite.
  • Totals: betting over or under the total amount of points scored.
  • Props: bet on individual or team outcomes inside a game.

As mentioned above, any bet that combines two or more outcomes can be turned into a parlay. This means that all bets must win for the parlay to win. The more bets, the greater the payout, but also the greater the risk that one bet will lose, beating the entire parlay.

A round robin is a combination of three or more picks, and as many as eight, in a series of bets that includes all possible outcomes. The main difference between a parlay and a round robin is that you do not need all round-robin picks to be winners for you to win. Each possible combination serves as its own bet and can be a winner even if other combinations lose.

Other Wager Types

Other wager types that BetMGM offers include futures bets - which are bets on events that have yet to take place, like next year's Super Bowl - and live betting - which are bets on events that are already in progress.

Live betting has become incredibly popular across the world, and in Europe it accounts for 70% of all wagering activity. It's more interactive than traditional betting, and the odds and point spreads are constantly changing as the game progresses. It also features buyout options and smaller wagers inside the event, like the result of a particular drive during a football game.

A computer program updates odds and spreads during a live-betting event. This makes for fairer play, since human bias won't play a role in setting those lines.

BetMGM Sportsbook Website

If your state allows internet casino gaming, you'll notice that just one website serves both casino games and the BetMGM sportsbook. Your account will work for both, making it easy to switch between them.

On the sportsbook side of things, you'll notice the row of icons along the top of the page, taking you to popular and current sports. It's a nice feature that is visually more appealing than just having a list of sports along the left column. It's also more useful when navigating to the sports that have current action. Although if you like your left column list, BetMGM has that too.

The center of the page has all of the current events, with live events listed first. On the right-hand column, you'll find all of your current bet slips. It's a really nice feature, and it makes it easy for you to visualize all the actions you are currently playing.

As a whole, the layout is both easy on the eyes and intuitive to click through. The help articles take a few extra clicks to get to, but the content and quality are solid.

BetMGM Sportsbook Mobile App

The app presents itself a little differently from the website. The color scheme is the same, as is the functionality, but the icons appear at both the top and the bottom of the page. 

Sports icons still populate the top of your screen, but along the bottom, you'll find buttons for Home, A-Z Menu, Betslip, My Bets, and Promotions. These appear along the top on the main website.

Everything functions the same as on the website, with live sports listed first. You can also manage all account activity, including registration and deposits and withdrawals directly from the app.

It's fast and responsive and has the nimbleness that makes it a great app for live wagering.

Signing Up with the BetMGM Promo Code

To register for a new account with BetMGM, you can use either the website or mobile app. Just make sure that you use the site or app that corresponds with your state and that you are at least 21 years old.

There is a large 'Register' button in the upper right corner of the screen. Press that to begin the registration process.

On the first page for registration, you'll input your name, email address, and date of birth. Then, on the second page, you'll choose your username and password and input your phone number and the last four digits of your social security number. 

Finally, on page three, you'll type in your address, and on page four, you'll choose two security questions and acknowledge that you are over 21 years old and agree to BetMGM's terms of service.

If your address cannot be confirmed, you may be asked to submit proof of residence, like a utility bill. There is no requirement for a photo ID.

Banking With BetMGM Sportsbook

There are several ways to make deposits into your BetMGM account. An online bank transfer is the fastest way. All you need to do is authorize the transaction through your bank's online service.

You can also pay with a credit or debit card, PayPal, PayNearMe, Skrill, Play+, and VIP Preferred. Just make sure you know what bonuses are tied into your deposit amount before you put money into your account.

When making a withdrawal, BetMGM says that they will process requests back to the payment method used for deposits, up to the total amount of that deposit. After that, other processes may be used, including PayPal, VIP Preferred, or personal check.

BetMGM warns that withdrawals will take longer to process than deposits, but that it due to verification requirements that ensure the security of your account.

BetMGM Customer Service

In the upper right corner of the screen, you'll find a 'Help & Contact' button that takes you directly to customer support. 

Once there, you'll find a menu of options to help narrow down the exact issue you're looking to solve or obtain further information about.

Depending on which of the topics you click on, a series of questions and answers pop up on your screen that should provide you adequate help with most issues you will encounter while using the site.

From this page, you can also get to an entire library of help articles that will answer any conceivable question or concern a customer will have while using BetMGM.

Should you need more detailed assistance, 24-hour online chat is available, as is email and phone support.

Use the BetMGM Promo Code Today!

You won't need to use any BetMGM promo code to enjoy a risk-free bet of up to $500. This means you can simply follow the instructions provided earlier and take advantage of the promotion right away.

BetMGM Sportsbook FAQ

What kind of network connections are required to use BetMGM?
+

When using a computer, you must be connected to the internet, and any programs that hide your IP address must be disabled. When on the BetMGM website, your IP address will be used to verify your location and ensure that you are using the site legally.

When using a mobile device, you must have cellular service. You do not need to be connected to a wireless network, but WiFi must be enabled, and Location Services must be turned on. Again, this is to verify your location and the legality of your sports wagers.

Is BetMGM secure?
+

Yes. BetMGM uses advanced firewall technology to secure all of its data. They also employ a team of security advisors across the world that are continually upgrading their system.

For all monetary transactions, BetMGM uses encryption technology from Verisign. They also offer a cash-out security feature that players can opt-in for.

When this is turned on each time a player makes a withdrawal from their account, they must answer the two security questions that were recorded at the time of their registration.

BetMGM also promises never to share your information with any third parties.

Does BetMGM provide other games?
+

Yes, they do provide all things gaming so to speak. Poker, bingo, roulette and all casino games are available. The one caveat is that this might not be applicable in every state due to different state laws.

About Albert Tomkins
Albert Tomkins author profile

Tyler has a true passion for sports, DFS & sports betting in particular. Combine his love for sports with his journalistic background and you have a great guy to cover the latest industry news. He also enjoys disc golf, fishing and traveling in his free time.

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