BetMGM Bonus Code: SBRBONUS to Get $1,500 First Bet Offer May 2025

Best BetMGM bonus code

Editor’s note: The offer(s) outlined here are for eligible U.S. customers only.

Users who register a new account with BetMGM can claim a welcome bonus fit for one of the best sportsbooks. BetMGM offers an up to $1,500 First Bet Offer as a welcome offer, which you can claim almost instantly. Just use our verified BetMGM offers code SBRBONUS. It ranks high among the best sportsbook promos available in any state with legal sports betting.  

This bonus is simple to claim. Just use our code SBRBONUS and deposit $10 or more. Then, place a bet of any amount, on any market that catches your eye. If it loses, BetMGM will credit your account with the entire stake amount in the form of bonus bets, up to $1,500.

SBR Expert Tip💡

First wagers of less than $50 that lose will result in a single bonus bet equal to the amount lost. Meanwhile, first wagers of $50 or more that lose will be refunded as five bonus bets, each worth 20% of the total stake lost. 

BetMGM welcome bonus in CO, MI, NJ, PA, WV

If you're in Colorado, Michigan, New Jersey, Pennsylvania, or West Virginia, you have access to a unique welcome bonus from BetMGM. All new players can claim a Bet $10, Get $150 in Bonus Bets (if your bet wins) sign-up reward.

• Create a new BetMGM account and use the promo code SBRBONUS.
• Make a real money deposit and first wager of at least $10.
• If your bet wins, you'll receive $150 in Bonus Bets added to your account.
• If your bet loses, you'll receive no bonus at all.
• Bonus bets have no cash value, cannot be withdrawn or transferred, and expire after seven days.

Gambling problem? Call 1-800-GAMBLER

*Offer not available in NY, NV, or PR.

Visit BetMGM.com for Terms and Conditions. 21+ years of age or older to wager. MI, NJ, PA or WV only. Excludes Michigan Disassociated Persons. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable site credit, unless otherwise provided in the applicable Terms. Please Gamble Responsibly. Gambling Problem? 1-800-270-7117 for confidential help (MI), 1-800-GAMBLER (NJ, PA & WV).

BetMGM promo code terms and conditions

Sorting through the details of sportsbook welcome bonuses can be overwhelming. Often, there are tricky betting requirements or complicated terms and conditions.

Luckily, BetMGM's $1,500 first bet welcome offer is relatively simple. We've already done the leg work for you, determining the right steps and important fine print for you to claim the BetMGM promo with ease.

Here's what you need to know:

Still unsure? Here's an easy step-by-step guide you can follow to collect the BetMGM welcome bonus:

How to enter the BetMGM promo code

The sign-up process is nearly universal across most sportsbooks. They all ask for the same basic personal information when registering. The key difference is that some sportsbooks will ask for a code, while others will not.

BetMGM is one of the legal online sportsbooks that still uses a code. You will need our exclusive code SBRBONUS during the sign-up process to claim the $1,500 first bet offer.

Here’s a complete breakdown of how to complete the steps:

1. Register 

Click here to get started with BetMGM Sportsbook. Once on the landing page, hit the "Register" button to access the sign-up form. Remember to enter the code SBRBONUS when prompted.

To get the best registration experience possible, we recommend downloading the BetMGM Sportsbook mobile app. However, the sportsbook (and bonus) are both available on the desktop version of the platform, too, if you prefer. 

2. Deposit 

Now it's time to deposit funds in anticipation of your qualifying wager. To do this, tap "Deposit" in the top-right corner, choose your favored payment method, and follow the prompts. Enter your deposit amount — a $10 minimum is required to garner the sign-up bonus — and other payment details, then confirm the transaction.

3. Wager 

With funds now available, you can make your qualifying wager. Navigate through the available leagues and sports to find the event you want to bet on. Tap the associated odds to add the selection to your betting slip. When you're satisfied with your picks, add a stake of at least $1 and confirm your bet. In some states, you need to wager at least $10 to collect a potential bonus. 

4. Claim the bonus

Once your qualifying bet is placed, sit back and wait for the result. If it wins, congratulations! You have some profit at your disposal. If it loses, though, BetMGM will send a bonus bet refund to your account, up to $1,500.

The bonus bets arrive as a single credit if you wagered less than $50, or as five equal credits if you bet $50 or more.

In some states, you only collect a bonus if your wager wins. Always check the terms and conditions of your offer before you start. 

You can't withdraw the bonus bets as real cash. Use them within seven days, or else they will expire. 

5. Withdraw 

If your qualifying bet or any of your bonus bets hit as winners, you'll have an account balance you can cash out. Head to your account menu and select 'Withdraw' in the top-right corner. From there, choose your banking option and follow the prompts. Depending on your selected method, funds should arrive within 24–72 hours.

Remember: winnings wagers made with bonus bets only pay out the profit and do not include the stake amount in your winnings. 

Best daily BetMGM bonuses

Like most competing sportsbooks, BetMGM rolls out the biggest bonus for brand-new players. That said, once you've signed up and collected the welcome offer, the bonuses keep coming.

BetMGM rolls out a steady stream of ongoing promotions for existing players, which are updated almost daily. These constantly rotating bonuses increase engagement and help smart bettors maximize their potential profit. 

The most consistent BetMGM promo for existing users is the Second Chance Cash Back. It applies to most "first X scorer" wagers in the NFL, NHL, and NBA. On select game days, you can bet on the 'First TD scorer" in an NFL game or "First field score scorer" in an NBA game. If your bet loses but your chosen player scores second instead, your entire stake will be returned as cash.

Here's a glance at what else BetMGM typically has on offer. For the most up-to-date details, head to the "Promotions" section of your BetMGM mobile app or desktop site:

• No Sweat Tokens: Available for multiple spots, you can protect your bet against an unlucky loss by applying a No Sweat Token and getting all (or part) of your stake back if your wager loses.
• Odds Boost Tokens: Available for multiple sports. Use these tokens to boost your odds, giving your more potential profit if your bets win.
• NHL Hat Trick Jackpot: Available until the end of the NHL season. Make a $10+ bet on any NHL player to score a goal. If that player nets a hat trick, win a share of $10,000 in bonus bets.
• Refer a friend: Earn a sportsbook referral bonus of up to $100 in bonus bets. To start, each referral must register using your referral link and place a wager of at least $50 at odds of -200 or longer within 30 days of sign-up. Then, you’ll both receive a $100 bonus. 
• Early Payouts: If you bet on an English Premier League soccer team, your bet will be paid out as a winner instantly if your team goes up by two goals at any point in the match.
• BetMGM Rewards: The BetMGM Rewards program is one of the best in the business, letting you earn Tier Credits towards hotel discounts, restaurant vouchers, and other great rewards and bonuses.

*Terms and conditions may apply for all promos, including (but not limited to) max. betting limits, odds restrictions, wager types, and max. additional winnings. 

SBR Expert Tips 💡

BetMGM Rewards is arguably the best loyalty program in the industry, earning you Tier Credits with every bet. Redeem these for sportsbook or casino bonuses, or get hotel and restaurant discounts at numerous MGM Resorts properties. 

BetMGM promo comparison

As legal online sports betting continues to expand into more and more states, the competition for your business is fierce. Here's how the biggest players in the game stack up against each other. Choose the most enticing one, or claim as many as you can in your state. 

BetMGM betting insights for this week's games

Want to know how to public is betting on big games? And whether your picks are going with (or against) the most common betting trends? BetMGM gives us daily betting insights and trends, which we happily share with you. These insights will show you public betting trends and let you make smarter decisions.

NBA Playoffs 🏀

Most bet (tickets) Pacers-Knicks player props:

1. Jalen Brunson Under 2.5 Three-pointers made -140
2. Tyrese Haliburton Over 20.5 Points -105
3. Aaron Nesmith Over 1.5 Assists +135
4. Tyrese Haliburton First field goal +1050
5. Jalen Brunson First field goal+425

NHL Playoffs 🏒

Most bet (tickets) Oilers-Stars props:

1. Connor McDavid to score anytime goal +160
2. Leon Draisaitl to score anytime goal +120
3. Connor McDavid to score 1st goal +900
4. No goal in 1st 10 minutes +140
5. Miro Heiskanen under 0.5 points -125

Formula One Monaco GP betting insights 🏎️

Highest Ticket%:

1. Max Verstappen (NED/Red Bull)       25.5%
2. Charles Leclerc (MON/Ferrari)          13.4%
3. Lewis Hamilton (GBR/Ferrari)            10.3%

Highest Handle%:

1. Max Verstappen (NED/Red Bull)       46.8%
2. Oscar Piastri (AUS/McLaren)             14.3%
3. Charles Leclerc (MON/Ferrari)          12.5%

Biggest Liabilities:

1. Max Verstappen (NED/Red Bull)
2. Carlos Sainz Jr. (ESP/Williams)
3. Lewis Hamilton (GBR/Ferrari)

*Odds subject to change. Check BetMGM Sportsbook for the most up-to-date numbers. Data for straight bets only. 

Where is BetMGM legal?

BetMGM operates in 22 U.S. states, the District of Columbia, and Puerto Rico, a broad footprint matched only by giants like FanDuel and DraftKings. If you're within the boundaries of any of the below locales — with a couple notable exceptions — and over 21 years old, you're eligible for the BetMGM bonus offer.

While nothing has been confirmed yet, BetMGM is expected to be available in Missouri when the state launches its legal sports betting market later this year. Keep an eye on our Missouri sportsbook promos page for the latest updates.

Hawaii sports betting and Oklahoma sports betting were almost a reality in 2025, only for potential to stall out right before the finish line. Both states will now have to wait until 2026 to renew any progress on legalized betting. If they do open up their laws to online wagering, we expect BetMGM to be one of the first to launch in both places. 

BetMGM promo offers by state

BetMGM sportsbook review

A product of the partnership between MGM Resorts International and Entain Holdings, the now-iconic sports betting platform first launched as PlayMGM in New Jersey before undergoing a name change to BetMGM in September 2019. Since then, it's become an industry mainstay, currently active in over 20 states and looking to extend that reach in 2025.

To uncover more about the sportsbook, read our full BetMGM review and check out its top highlights below.

BetMGM mobile app

Boasting as reputable a brand as any industry player, BetMGM backs that up further with a stellar mobile platform. A dazzling design, intuitive organization, simple navigation, top-tier security, and useful responsible gambling tools have the BetMGM app in the thick of the nation's best betting apps. 

You can install the BetMGM sportsbook app to your device through the Apple App Store if you're an iOS user or the Google Play Store if you own an Android. Additionally, download links are available on the BetMGM website.

BetMGM key features

All of the eye-popping features you desire from a top-level sportsbook are available with BetMGM. Here are a few of our favorites:  

🔥 Same-game parlays — BetMGM refers to itself as the "King of Parlays" for a reason. Its dedicated "Easy Parlay" section allows you to swiftly cycle through popular events and bet types to build your preferred wager.

🔥 Live betting — While not as robust in its in-play offerings as top live betting sites like bet365 or DraftKings, BetMGM provides a solid experience. You can wager on most major sports as they happen, and the odds are quick to update.

🔥 Live streaming — The live streaming feature on BetMGM continues to grow and improve. You'll find tennis highlights, highly anticipated soccer games, and more accessible within the "Live Streaming" tab of the in-play betting section.

BetMGM pros and cons

BetMGM's sterling reputation is reflected in its online sportsbook. Even so, the platform has room for improvement. Here are a few of its most notable hits and misses:

Pros

✅ Top-notch loyalty program — BetMGM's flashy new VIP program — BetMGM Rewards — allows you to build points and climb tiers to unlock special perks. Reach a high enough Tier Status, and you can spend your points on air travel, dining, and more.

✅ Many deposit options — Whether you're looking to make a deposit using debit and credit cards, PayPal, Play+, Skrill, or another payment provider, BetMGM has you covered. The funds will appear in your account instantly, and transactions are always free.

✅ Sweeping sports coverage — Not only does BetMGM extensively cover all major sporting events, such as the World Series or March Madness, but it also makes space for niche options, like MMA and Formula 1.

Cons

❌ Slow withdrawals — Although BetMGM shines in how many banking options it provides, it falls short when it comes to withdrawal speed. You will likely be waiting at least two business days to receive your funds from your account. It's a major drawback, only slightly slower than the fastest payout sportsbooks. 

❌ No phone support — While BetMGM offers a live web chat and email to get ahold of a customer service agent, it does not provide phone support. The good news is that their support through these other avenues is top-notch. 

Popular BetMGM bet types

Whether you're looking to bet on the winner of the Super Bowl or the moneyline of a hotly anticipated NBA matchup, BetMGM's swath of bet types is sure to satiate. Here are the most popular:

• Spreads
• Moneylines
• Over/Unders
• Props
• Parlays
• Futures

If wagering on the NFL is your focus, you'll want to learn as much as possible about props and parlays. Ensure you're up to speed by digging through our guides on the best prop betting sites and parlay betting sites. No matter what your preferred football bat is, BetMGM ranks among the best NFL betting sites available. 

BetMGM sports to bet on

When it comes to market diversity, BetMGM can stand toe-to-toe with the best sportsbooks in the business. On any given day, they have betting odds listed for more than 20 different competitive sports. The most popular leagues are all there, like the NFL, NBA, MLB, NHL, and dozens of soccer divisions from around the globe.

In addition to the "big boys," BetMGM offers odds on smaller, niche sporting events like cycling, snooker, rugby, tennis, darts, and lacrosse. When special events come around, like the World Cup or the Olympics, BetMGM will introduce new markets to cover those as well.

BetMGM odds quality and betting limits

When it comes to odds qualities, BetMGM typically hovers right around the industry averages. You will find them posting the best odds sometimes. Even when they don't offer the sharpest prices, they are very close, letting you use BetMGM to shop around for the most profitable odds for your picks. 

BetMGM technically doesn't have a maximum bet amount, but they do limit payouts to $10 million, at the most. That means the maximum bet has to be low enough that the associated odds don't equate to a payout of more than $10M. For the vast majority of bettors, this won't be an issue at all. 

The minimum wager on BetMGM is typically $0.50. That's low enough to keep almost any betting enthusiast in the game. 

BetMGM payment methods

Aside from registering and inputting the offer code for BetMGM, pinpointing your preferred banking method(s) will be one of the first things you do with the sportsbook. And while BetMGM may not be the absolute fastest with its payouts, it does provide myriad deposit and withdrawal options.  

BetMGM customer support

While you might need to jump through a few hoops to get to BetMGM's support squad, their problem-solving is fast and effective once you reach them. Maneuver to the "Help & Customer Care" page and pick the topic that pertains to your problem. If the FAQ falls short, click “Yes” when asked if you need further guidance.

Several avenues for assistance will then become available to you:

• 📱 Live chat: Available 24/7
• 📧 Email: support.nj@betmgm.com (A dedicated email exists for each state)
• 📞 Phone: N/A
• ❓ FAQ section
• 🐤 Twitter.com: @BetMGMCare
• 👩‍💼 Support language(s): English

Our betting expert's take on BetMGM

Looking for some expert insight on Fanatics Sportsbook? We asked Darren Kritzer, one of our sports betting gurus, about BetMGM. Here's what he had to say:

"I love BetMGM for so many reasons, it's hard to narrow it down to just a couple. If I have to choose, though, BetMGM gets its highest marks for have a dozen different deposit options and a terrific SGP builder. 

"The BetMGM mobile app is one of my favorites. Betting markets are smartly organized across the top. There are shortcuts along the bottom that take you directly to the Promotions page, a list of my active bets, and my account Cashier for deposits and withdrawals.

"My only squabble? BetMGM hasn't rolled out phone support for every state it operates in. In this day and age, that really seems like the bare minimum for a huge brand like this."

Why choose BetMGM?

If you're looking for the most compelling reason to add BetMGM to your roster of active sportsbooks, it's this: The platform offers a superior parlay experience when stacked up against its peers. No other sports betting product makes building that bet type so seamless, fun, and efficient. 

Should you have a high risk tolerance — always remember to play within your means — and prefer parlays to all other bet types, you won't find a sportsbook more satisfying than BetMGM.

⭐Our Overall BetMGM Rating: 4.6/5.0

BetMGM user reviews

Want to know what other people are saying about BetMGM Sportsbook? We asked our SBR Community to chime in on what they think is great about BetMGM, but also how they think it could improve.

Here are some of their comments:

"BetMGM was easy to use and very well laid out. The promotions are great. However, it was relatively quick to limit bettors, especially on MLB props. Better than some books but worse than others."

- Waterstpub87, SBR Forum User

"Great new customer bonus, plus free-to-play contests and pools. I would like the option to see year-to-date wins/losses and a progress bar toward MGM Rewards achievements."

- BradytheK9, SBR Forum User

"Good app overall with plenty of incentives. However still a bit laggy for Android users. It can sometimes take a long time to load."

- Adam Scaringella, Android User

(User comments may be edited for spelling, grammar, and/or clarity.)

Best BetMGM Casino bonus code

New users in New Jersey, Pennsylvania, West Virginia, and Michigan should use our BetMGM Casino bonus code SBRBONUS (WV) or SBR1000 (MI, PA, NJ) to claim this offer.

• Sign up with BetMGM and create an account.
• The no deposit bonus of $25 in most states ($50 in WV) must be played through 1x within three days of receipt.
• Make your initial deposit of at least $10. BetMGM will match the amount, up to $1,000 in bonus funds ($2,500 in WV).
• You must meet a 15x playthrough requirement within 14 days before you can withdraw your funds.
• The 50 free spins are for WV players only, and can only be used on select slot titles.

Recent BetMGM updates

April 2025

-BetMGM release their 2025 Q1 Earnings Report, which shows a 68% year-over-year increases in net revenue totaling $657 million.

-BetMGM and Sportsbookreview.com announce an exclusive extra $50 bonus bet welcome offer, on top of the standard $1,500 first bet deal. Just use our unique promo code SBRBONUS to claim. This offer runs for 14 days.

-MGM Resorts announces new updates to it's BetMGM Rewards program, including the new ability to Rollover Tier Credits from one year to the next, instead of starting at zero again.

March 2025

-BetMGM is fined $110,000 by regulators in Ontario, Canada, for marketing and advertising that includes "inducing language" related to sign-up promotions (which is against the rules in the province).

-BetMGM debuts a new welcome bonus in five states (CO, MI, NJ, PA, WV), offering players a Bet $10, Get $150 If You Win sign-up promotion.

Additional sportsbook promo codes

Once you've used your BetMGM Sportsbook bonus code to obtain the sportsbook's welcome bonus, you'll want to explore the larger sports betting landscape. We've dissected all the top betting sites in the country, such as DraftKings, FanDuel, and Caesars, to deliver you information on their platforms and promo code offerings:

• bet365 bonus code
• BetRivers bonus code
• Borgata Sportsbook promo code
• Caesars Sportsbook promo code
• DraftKings promo code
• Fanatics Sportsbook promo
• FanDuel promo code
• Hard Rock Bet promo code