BetMGM has built themselves into one of the biggest betting operators in the American sports betting market, and a significant reason for that is their generous and long-running welcome bonus. Players who sign up at the King of Sportsbooks this weekend can still claim up to $1,500 in first-bet insurance using our BetMGM bonus code WAW100.
Here, we’ll cover what players have to do to claim the bonus from BetMGM. We’ll also discuss the benefits of the bonus, and the necessary terms and conditions for players to understand.
How to Redeem the BetMGM Welcome Bonus
- Download the BetMGM app from the App Store or Google Play Store, or navigate to the BetMGM browser page.
- Follow the on-screen prompt to create an account.
- Complete registration, verifying your identity and location to BetMGM as necessary.
- Enter the bonus code WAW100 when prompted.
- Make your first deposit (minimum $10) and place your first bet.
- If your first bet loses, receive bonus bets equal to the value of your wager – up to $1,500!
BetMGM Bonus Breakdown
Every player who signs up with BetMGM is eligible to claim the welcome bonus, but each player can only claim the offer once. No opt-in is necessary to claim the offer. The bonus is automatically applied to the first real money wager that each player makes after signing up with BetMGM.
If a player loses their first real money wager, they’ll receive equal value to their wager in bonus bets – up to a maximum of $1,500. Players who redeem this offer on a wager of at least $50 will receive their bonus bets in five installments. Each installment will be worth 20 percent of the qualifying wager; a player who maximizes the offer with a $1,500 first bet, for example, will receive five $300 bonus bets to play with. For players who claim the offer with a wager worth less than $50, the bonus bet is paid out in one installment.
Players may only use bonus bets awarded from this bonus once, as a straight, parlay, or same-game parlay bet. Bonus bets aren’t included in the payout of winning bets, and players won’t be able to cash out on wagers made with them. Bonus bets expire 7 days, or 168 hours, from issuance if left unused.
BetMGM Welcome Bonus Disclaimer
Always bet responsibly. If you or someone you know has a gambling problem, call 1-800-gambler for crisis counseling and referral services. Select your state of residence to view additional state-specific terms and resources.
