BetMGM Bonus Code PARLAYS: $1,500 Paid Back in Bonus Bets
The BetMGM promo code PARLAYS provides up to $1,500 paid back in bonus bets if your first wager loses. New users can claim this bonus and use it to bet on any sporting event featured at the sportsbook.
BetMGM is an established sports betting app and is known for having some of the most rewarding promotions. This new user offer is a heavyweight, not just because of how large it is, but because it has easy terms, too. In this guide, we explore the First Bet Offer, how to claim it, T&Cs, and more.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
Breaking down what you get with the BetMGM bonus code
The BetMGM bonus code unlocks up to $1,500 paid back in bonus bets if you don't win on your initial wager. The bonus bets you receive are equal to the amount you wager, so it's a 100% refund.
If you've bet under $50, you'll receive one bonus bet equal to that amount. However, if you've bet over $50, you'll get five bonus bets that add up to the total. For example, if you bet $500 and lose, you'll receive 5 x $100 bonus bets.
Bonus credits are paid out as soon as your qualifying wager is settled, and you can use them on any sports or events at the betting site. The bonus bet amount won't be paid out as cash, but whatever you win from them is yours to keep.
Key terms of the bonus
- You must use the First Bet Offer token – i.e., bonus code PARLAYS – within 7 days after registration
- Bonus bets also expire in 7 days from when they are credited
- Bonus is paid only if your qualifying wager loses
- A minimum $10 deposit is required
- Bonus is available in all BetMGM eligible states
| Promo code | PARLAYS |
| Bonus | $1,500 paid back in bonus bets |
| How to claim | Place first bet and lose |
| Eligible states | Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming (plus Washington D.C and Puerto Rico) |
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
How to claim your $1,500 bonus using the PARLAYS promo code
Below, we've outlined five quick steps for claiming this BetMGM welcome offer:
- Click through our links to head over to the BetMGM sportsbook
- Sign up using the bonus code PARLAYS
- Deposit $10 or more into your sportsbook account
- Place your first sports wager at the site
- If you lose, receive 100% back in bonus bets up to $1,500
Use our code PARLAYS when you register on BetMGM to unlock up to $1,500 bonus bets
There's more than one new player offer you can snatch up using a BetMGM bonus code. This particular offer, though, is the largest one and is available everywhere BetMGM is legal. To claim it, you must sign up using our banners and apply the bonus code PARLAYS. You have 7 days to do so and another 7 days to use the bonus bets from when they enter your account. You only receive this bonus if your initial wager loses, so it basically offers you a second chance to win at the casino's expense.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
