BetMGM is one of the biggest names in the American sports betting marketplace, and they’ve earned that status through years of operation as one of the best available betting operators. Part of that operation has included a generous welcome offer, which new players can still redeem today with our BetMGM bonus code.
The offer is simple: sign up at BetMGM, enter the code WAW100, and receive up to $1,500 in bonus bets as first-bet insurance. This offer is among the most valuable available to prospective American bettors – first-bet insurance is a common incentive, but no sportsbook matches the ceiling of the BetMGM offer. Below, we’ll go over how to claim the offer when signing up, as well as the necessary terms and conditions for new players at BetMGM to understand when redeeming it.
How to redeem the BetMGM bonus code
- Download the BetMGM app from the App Store or Google Play Store, or navigate to the BetMGM homepage in your browser.
- Follow the on-screen prompt to create an account.
- Complete registration of your BetMGM account, verifying your identity and location as necessary.
- Enter WAW100 when a promo code is requested to claim the bonus.
- Make your first deposit (minimum $10) and place your first bet.
- If your first bet loses, receive equal value to your wager in bonus bets – up to $1,500 – as consolation.
How to use your BetMGM bonus code
Every player who registers with BetMGM is able to claim the welcome bonus, but players can only redeem the offer once. The verification process during signup prevents players from creating duplicate accounts, so it’s critical to understand the promotion terms before claiming the bonus.
Beyond the promo code, no opt-in is necessary to claim the welcome bonus – it’s automatically applied to the first real-money wager each player makes on their account (“real money” meaning any bet made with a player’s own deposited funds, rather than bonus bets). If a player loses this wager, they’ll receive bonus bets equal in value to their stake – up to $1,500. This functionally allows players up to two chances to profit from the same wager, and can be a lucrative bonus for players willing to make the first bet to maximize it.
Players who redeem this offer with a bet worth at least $50 will receive their bonus bets in five installments, each worth 20 percent of their initial wager – a player who makes a $1,500 bet, for example, will receive five bonus bets worth $300 each to play with. For players whose first bets fall short of the $50 threshold, a single bonus bet equal to the value of their wager will be awarded. Players who cash out, edit, or cancel their qualifying bets won’t be able to redeem this promotion on subsequent bets.
Bonus bets awarded via this promotion may only be used once, as straight, parlay, or same-game parlay wagers. The value of the bonus bet won’t be included in any winnings earned as a result of using them. If left unused, bonus bets claimed via this promotion expire 7 days, or 168 hours, from issuance.
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.
