The 2024 NFL season is fully underway, but it’s not too late for prospective bettors to get in on the action with a generous welcome bonus from BetMGM. Right now, bettors who sign up with the king of sportsbooks can claim up to $1,500 in bonus bets as insurance if their first bet doesn’t win, using our BetMGM bonus code WAW100.
Several sportsbook bonuses on the market offer first-bet insurance, but few – if any – can match the $1,500 ceiling that BetMGM offers. Below, we’ll cover how new bettors can sign up and claim this offer from BetMGM – and the terms and conditions they’ll need to keep in mind when doing so.
How to claim the BetMGM bonus code
Claiming the running offer from BetMGM is easy – it’s available to all new account holders at the sportsbook. Here’s how:
- Download and open the BetMGM mobile app, or navigate to the BetMGm browser page.
- Follow the on-screen prompt to create an account and finish registration.
- Enter the bonus code WAW100 when prompted.
- Make your first deposit and place your qualifying bet.
- If your first bet loses, receive equal value to your wager – up to $1,500 – in bonus bets.
BetMGM bonus code – terms and conditions
Every new player at BetMGM is eligible for the welcome bonus – no opt-in is required, and the bonus is automatically applied to each player’s first bet. Of course, each player can only redeem the offer once, meaning it’s critical that they know the rules of the promotion before placing their first bet.
Three conditions must be fulfilled for a player’s first bet to qualify for the offer: it must be placed within 7 days of the player signing up, it has to be placed with the player’s deposited funds (not bonus bets from other promotions), and it has to clear the minimum odds restrictions (-10000). These conditions aren’t difficult to meet, but it’s important for bettors to be aware of them.
Players who lose their first bet will receive bonus bets of equal value to their losing wager, up to $1,500. If players stake more than $50 on their first bet, these bonus bets will be awarded in five installments. A player who maximizes the offer with a $1,500 first bet, for example, will receive five $300 bonus bet credits to play with if their first bet loses. If players stake fewer than $50 on their first bet, they’ll receive their bonus bets in a single credit.
Bonus bets awarded from this bonus cannot be withdrawn or transferred, cannot be cashed out from bets made with them, and aren’t included in the winnings paid out from any bets made with them. If left unused, these bonus bets will expire 168 hours (7 days) from issuance.
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.
