BetMGM Kentucky Promo Code: Use 'SBRBONUS' to get $100 in Bonus Bets on Launch Day

BetMGM Kentucky promo code details

Pre-live offer details

New users for BetMGM can enjoy a $100 in bonus bets after registering for an account with BetMGM up until Sept. 27 at 11:59 p.m. ET.

Follow these steps below to redeem your BetMGM pre-live offer.

1. If you are 21 or older, sign up with BetMGM any time before Sept. 28, 2023 here.
2. Follow the instructions to provide your personal information, like your name, address, and birthdate.
3. After signing up and verifying your identity, users will receive $100 in bonus bets on launch day — no deposit necessary.
4. The $100 will come as four (4) $25 bonus bets.
5. Should you redeem this pre-live offer, you will not be eligible for BetMGM's standard welcome bonus later.
6. You must use the bonus bets within seven days, or they will expire
7. Bonus bets are not withdrawable.
8. $100 comes as four $25 bonus bets.
9. No deposit required.

Expected welcome offer

We expect BetMGM to mark its grand Kentucky opening with a generous welcome bonus for new customers. Their typical introductory offer is up to $1,500 back in first-bet insurance. If your first bet loses, BetMGM will refund the total amount to your account in bonus bets.

Register with our special BetMGM bonus code SBRBONUS to take advantage of this offer once the sportsbook goes live in KY. Simply make an account, deposit at least $10, and place a qualifying wager on any betting market. There are no odds requirements or restrictions. BetMGM will give you bonus bets to try again, up to $1,500, if that first bet loses.

This type of bonus is known as "first-bet insurance," an incentive commonly found among the best sportsbook promos. However, some of BetMGM’s competitors recently switched to a "bet and get" offer. They have lower total dollar values but don't require your first bet to lose to qualify. 

Still, if you prefer the first-bet insurance deal, BetMGM currently has the best one. Other books like BetRivers, PointsBet, and Unibet (which aren't necessarily launching in KY in September) only protect your first wager up to $500. If BetMGM makes any changes, we'll keep this page updated with the newest information. 

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How to use BetMGM Kentucky promo code

Using the Kentucky BetMGM promo codes and unlocking the new customer bonus is smooth sailing. Here’s how to get started on that expected bonus:

1. Join BetMGM

Follow this link to go straight to BetMGM Sportsbook and select Kentucky from the list of available states. Once the page loads, click the Register button in the top right. Choose how you want to register and share all required personal information. 

Copy and paste the promo code SBRBONUS in the specified field when prompted.

2. Deposit 

Upon setting up your account, you can fund your account on the "Deposit" page. The minimum deposit is $10, for which you may use various options such as Visa, Mastercard, PayPal, Apple Pay, Play+, VIP Preferred, and others.

3. Place your first bet

Once BetMGM goes live in KY on Sept. 28, 2023, place a bet on any live or pre-game market. If it loses, you’ll be reimbursed through bonus bet credits. Remember that winning your first bet won’t yield any bonus. That may entice some bettors to go with high-risk, high-reward parlay. Remember that even though a loss triggers the bonus, it's still a loss.

4. Claim the bonus

Your bonus bets will be credited to your account within 24 hours after your first bet settles as a loss. You can find your bonus bet credits in the bet slip area and apply them to any eligible event and market.  

A first bet of $49 or less will result in a single bonus bet equal to that bet's value. If your initial wager was $50 or more, you'll receive five bonus bets, each worth 20% of your first bet amount. The bonus bets must be used within seven days, or they will expire.

5. Withdraw

Either you win your first bet and have some profit, or you get a second chance with your bonus bets. Either way, if you've managed to pick some winners, you'll have some cash in your BetMGM account ready to withdraw. 

Head back to your account dashboard and find the "Withdraw" button. Choose your preferred payment method and input the amount you want to cash out. Depending on the cash-out method, you'll receive your money within one to six business days.

BetMGM Kentucky promos

Online and retail sports betting became legal in Kentucky on March 31, 2023, when Gov. Andy Beshear approved HB 551, the state’s new legal sports betting legislation. It would be another few months before the state's regulatory body established the policies overseeing legal sports betting. However, they eventually announced that retail betting would begin on September 7, 2023, with online wagering launching three weeks later on September 28.

Kentucky will grant licenses to up to 27 betting sites. BetMGM was among the first to file for application, alongside other industry giants like DraftKings, FanDuel, and Caesars. 

As a rule, each online sportsbook must have a land-based partner in Kentucky. On August 7, BetMGM received temporary approval from the Kentucky Horse Racing Commission (KHRC) after signing a retail partnership with Revolutionary Racing Kentucky. As part of the deal, BetMGM will also operate a retail sportsbook at Sandy's Racing & Gaming, a racetrack currently under construction in Ashland.

BetMGM Kentucky promo terms and conditions

To properly use the BetMGM Kentucky bonus code, you should pay attention to the following terms and conditions:

• You must be at least 21 and physically in Kentucky to create an account at BetMGM.
• The minimum deposit is $10.
• You can place a minimum bet of $0.50 on any sport or market.
• The qualifying bet cannot be made using other bonuses or odds boost tokens.
• In the event of a loss, you will receive bonus bet credits equal to your first wager and up to $1,500 within 24 hours of bet settlement.
• If you win your first bet, you won’t receive a refund.
• If the qualifying wager is $49 or less, you will receive a single bonus bet of that amount.
• If the qualifying wager amounts to $50 or more, you will qualify for five bonus bets, each worth 20% of your total qualifying wager amount.
• Once the bonus bet credits reach your account, you will have seven days to use them.
• The bonus bet amount will not be included in any potential winnings.

These bonus bets are a great way to make a few more picks without risking more of your own money. They also let you get a feel for BetMGM, so you can decide whether it's one of your favorite Kentucky betting apps.

BetMGM Kentucky review

Over the last five years, BetMGM has positioned itself as one of the best sportsbooks in the industry. As legal sports betting expanded to more states, BetMGM seized the opportunity to join almost every new market. It’s available in over 20 states, in addition to Washington D.C., Puerto Rico, and Ontario, Canada.

BetMGM’s main strengths lie in its extensive sports and market coverage, solid pricing, and features like Easy Parlay and Edit My Bet. Conversely, BetMGM lags slightly behind regarding the number of promotional offers. Moreover, it has a limited selection of prop bets, especially compared to FanDuel or DraftKings. Don't worry, though, because it still made our list of the best NFL prop betting sites.

Here are a few more BetMGM highlights:

• BetMGM launched in 2018 following a joint venture between a well-known hospitality powerhouse, MGM Resorts International, and Entain (formerly GVC Holdings). The new company is named Roar Digital.
• BetMGM features betting on nearly 30 sports, including football, baseball, basketball, soccer, tennis, hockey, and many niche sports like ski jumping, darts, badminton, and more.
• The sportsbook is in tune with the latest industry trends and provides popular features like same-game parlays, parlay builders, early cashout, odds and parlay boosts, and a bet editor.
• BetMGM offers live streaming on various events, including the MLB, several top soccer leagues, coveted tennis tournaments, and more.
• Aside from the welcome offer, BetMGM customers can earn $100 for every person they refer to the sportsbook (up to 20 monthly referrals). That puts them firmly among the best sportsbook referral bonus sites.
• Participating in BetMGM’s loyalty program (MGM Rewards) can earn many extra perks. You can use them online or in any land-based MGM casino/hotel establishment in the country.
• BetMGM has partnerships with several major leagues, including the NFL, NBA, and MLB, and has inked deals with many professional sports teams.

BetMGM Kentucky mobile app experience

BetMGM promises to deliver one of the best sports betting apps in Kentucky. While getting used to the app layout may take a while, finding a specific event or market is relatively straightforward. 

Once you enter a specific section, like the NFL, you’ll see all the corresponding games, with a couple of main bet types (moneyline, point spread, and totals) and a dropdown menu that enables quick access to other markets. 

If you know the type of bet you want, you won’t need to spend much time navigating to it. Instead, you can use the in-app search function. The sticky Bet Slip menu remains at the bottom of the screen while browsing, allowing you to review your bet anytime.

Speed is not the app’s strongest point. Browsing can get a bit choppy sometimes, with some users claiming that the app is just a slower version of the mobile website. Other notable complaints pertain to sudden logouts and substandard readability. We didn't run into any issues personally, so your mileage may vary depending on what device you're using to access BetMGM.

If you look at app ratings, the iOS version scores much higher than the Android one. However, some less flattering reviews are from older app versions, which has recently undergone extensive updates. We fully expect the Android score will start to climb again.

Google Play rating: 3.7/5.0
App Store rating: 4.8/5.0

BetMGM Kentucky live betting experience

BetMGM does well in the live betting department, offering an array of in-play events and markets. They are one of the top live betting sites on the market. 

While it lags behind FD and DK in micro-betting, BetMGM still offers several bets specific to short-term outcomes. For instance, you can bet whether the next game of a tennis match goes to deuce or which basketball team will be the first to reach 20 points in a quarter. Live odds update quickly, with red and green markings clearly indicating their movement.

BetMGM complements its vast betting markets with a growing selection of events available for live streaming. During the 2023 regular season, BetMGM users could stream many MLB games. Meanwhile, live broadcasts are also available on select tennis and soccer events.

BetMGM Kentucky sports and markets

BetMGM offers betting on all major sporting events in the U.S. and worldwide. It overshadows most of its competition, with nearly 30 different sports on the menu.

The selection includes everything from major North American leagues like the NFL and NBA to globally popular soccer, golf, and motorsports action. They even have betting markets for niche sports like Aussie Rules Football or European Handball.

Of course, the less popular the sport, the more limited the betting selection. You’ll only get the match/tournament winner betting market for most niche sports like badminton and darts.

The range of markets for popular sports, however, is very extensive. A typical big league game can feature over a hundred bets, ranging from moneyline and spreads to dozens of intricate game and player props.

BetMGM’s Specials section offers some unique long-term betting options as well. Title Town Special allows you to pick a city or state whose major league teams you believe will become the champion. For instance, in the Rocky Mountain Champion market, you can wager that at least one of the Colorado teams (Broncos, Nuggets, Avalanche, or Rockies) will win a title in their respective leagues.

BetMGM Kentucky standout features

If you’re a fan of multi-leg bets, you’ll likely enjoy BetMGM’s parlay betting features.

The Easy Parlay section puts all big games and their main markets on one page, eliminating the need to navigate the menu. If you can’t decide what sort of parlay to play, you can find suggestions in the Events tab for most sports. It will usually be a three or four-leg parlay consisting of one of the main markets, like “Twins, Red Sox, and Diamondbacks all to win,” for instance.

BetMGM has adopted the same-game parlay (SGP) feature like most of its main competitors, allowing you to make multi-bets from a single game. We like the "Build Parlay" button that opens a separate SGP tab that clearly shows which bets you can combine and on which markets you can make multiple selections. BetMGM occasionally throws in a Parlay Boost to enhance your potential winnings. It's no wonder they are one of the best parlay betting sites available.

Other notable features are Cash Out, which lets you pull out from an unsettled bet and claim a portion of the winnings, and Edit My Bet, where you can increase your stake or add, swap, and remove selections on already submitted bets.

BetMGM Kentucky deposit and withdrawal options

Deposit and withdrawal options at the BetMGM sportsbook in Kentucky include many popular choices, such as credit/debit cards, e-wallets, and bank transfers. 

Visa and Mastercard are the two most popular methods, followed by PayPal, Play+, VIP Preferred, and online and instant banking. Users can also request a check by mail for withdrawals.

The minimum deposit is $10, while the upper limits depend on your method of choice. BetMGM doesn’t charge fees, although your financial institution might impose small fees. Double-check before you pick a banking method.

In-person cash deposits and withdrawals will be a likely option once BetMGM opens a retail sportsbook. They are partnered with Sandy's Gaming and Racing.

Most withdrawals take two to six banking days, depending on the method. That's on par with the other fastest payout sportsbooks on the market. Payment processing is fastest for Visa, PayPal, and Play+, usually completed within 24 hours.

BetMGM Kentucky customer service

The in-depth Help and FAQ section at BetMGM should contain answers to most of your questions. If you need further assistance, you can reach the sportsbook’s customer support through a 24/7 live chat or by filling out an email contact form.

Live chat: Available 24/7
Email: Submit Form
Phone: N/A
Twitter: @BetMGMCare

BetMGM Kentucky quick facts

*Kentucky law says bettors must be 18 or older, but BetMGM requires its bettors to be 21+.

Latest BetMGM Kentucky news and handle

The Kentucky Senate approved HB 551 in March of 2023 with a fairly lopsided 25–12 vote. Soon after its passage, Gov. Andy Beshear signed off on the bill, making Kentucky the 37th state to legalize sports betting.

Retail sports betting is set to launch on September 7, 2023, followed by the rollout of online betting three weeks later. The Kentucky Horse Racing Commission is in charge of overseeing sports betting operations in the state. 

All nine KY horse racing tracks can partner with up to three online betting partners. That means the state can host up to 27 online sportsbooks at market maturity.

Some of the leading sportsbooks in the US have already announced their arrival, including FanDuel, DraftKings, BetMGM, Caesars, bet365, Fanatics, and others.

2023 Kentucky betting handle

The handle refers to how much money is wagered in a given period. It does not reflect revenue or how much a sportsbook has won or lost. Once legal Kentucky sports betting starts, check back here to see what kind of numbers the state reports.

Latest BetMGM Kentucky news

On August 7, 2023, BetMGM announced an agreement with Revolutionary Racing Kentucky, thus officially gaining access to the Kentucky sports betting market. The two companies will also open a 5,200-square-foot retail sportsbook at the planned Sandy's Racing & Gaming facility in Ashland.

Revolutionary Racing’s CEO, Prentice Salter, stated: “We promised to bring a world-class facility to Ashland and wanted a world-class partner for online sports wagering across the Commonwealth and at our sportsbook lounge. We got that with BetMGM.” 

Latest KY news

Aug. 23, 2023: Gov. Andy Beshear announces he will place the state's first legal sports bet at Churchill Downs Racetrack at 10 a.m. on Sept. 7, 2023.  

Aug. 17, 2023: Kentucky announces that bettors can begin registering at sportsbooks as early as August 28, 2023, even though online betting won't be available until Sept. 28.  

Aug. 10, 2023: The KHRC reveals that seven operators have submitted applications for online sports betting: bet365, BetMGM, Caesars, Circa Sports, DraftKings, FanDuel, and PENN Entertainment (ESPN BET).  

Other expected sportsbooks in Kentucky

With up to 27 possible online sportsbooks, the Kentucky sports betting scene promises to be one of the most competitive among regulated states. Industry heavyweights will be vying for customer attention alongside smaller operators and newer contenders like ESPN BET.

The potential competition means Kentucky bettors will have a diverse landscape where they can grab a multitude of Kentucky sportsbook promos and explore a vast number of betting opportunities. Aside from BetMGM, you will likely get to place bets at some of the following betting sites:

*Confirmed to have submitted an application for a KY online betting license.

For more resources, check out our DraftKings Kentucky Promo Code, Caesars Kentucky Promo Code, FanDuel Kentucky Promo Code, or bet365 Kentucky Promo Code pages.

Where is BetMGM sportsbook legal?

Kentucky is just the latest state that BetMGM will launch in. It's been at the forefront of the online sports betting surge in the U.S., being already licensed in 20 other states, plus Washington, D.C., Puerto Rico, and the Canadian province of Ontario.