September is here, and football is back in our lives – the college football season is already underway and the first game of the NFL season is in the books. For those looking to bet on the action with the backing of one of the best first-bet insurance offers on the market, the current BetMGM bonus code is hard to beat.
The current offer from the king of sportsbooks allows players to receive up to $1,500 in bonus bets if their first bet loses – a ceiling unmatched by any other sportsbook bonuses on the market – with our promo code WAW100. Below, we’ll cover everything players need to know about claiming this offer from BetMGM.
How to claim the BetMGM bonus code
- Download and open the BetMGM mobile app or navigate to the BetMGM browser page.
- Follow the on-screen instructions to create an account and finish registration.
- Enter the bonus code WAW100 when prompted.
- Make your first deposit (minimum $10) and place your first bet.
- Receive up to $1,500 in bonus bets if your first bet loses.
BetMGM bonus code – terms and conditions
Every new player who signs up at BetMGM can participate in this promotion, but they can only do so once. No opt-in is required, and the bonus is automatically applied to a player’s first bet on the platform. It’s imperative that new players at BetMGM know the terms and conditions of the bonus before submitting their first bet on the platform.
Players only need to fulfill three conditions for their first bets on the platform to qualify for the promotion; their bet must be placed within 7 days of account registration, it has to be placed with the player’s own deposited funds (as opposed to bonus bets), and the qualifying bet slip has to clear the minimum odds limit of -10,000. These conditions are simple, but players need to know them – placing a first bet that doesn’t qualify for the promotion will lock players out of participation.
Bonus bets are paid out after a player’s first bet resolves as a loss, and are paid out in equal value to the player’s first wager. Players who wager at least $50 on their first bet will receive their bonus bets in five installments – for example, a player who loses a first bet worth the maximum of $1,500 will receive five $300 bonus bet credits to play with. If a player’s first wager falls short of the $50 threshold, they’ll receive a single bonus bet credit worth the sum of their wager if they lose. Players who win their first bets, of course, will only receive their winnings.
The bonus bets awarded from this offer cannot be withdrawn or transferred, cannot be cashed out from submitted bets, and aren’t returned in the payout of any winning bets made with them. Bonus bets awarded via this promotion, if left unused, will expire 7 days (or 168 hours) from issuance.
BetMGM 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.
