BetMGM Bonus Code: SBRBONUS for $1,500 Promo Sept. 2024

Best BetMGM promo 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 up to $1,500 back in bonus bets via a first-bet insurance deal, which you can claim almost instantly. 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 verified BetMGM offers 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.

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BetMGM bonus code: How to qualify

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 in bonus bets 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 bonus 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:

• Click here to get started. Use the BetMGM Sportsbook offer code SBRBONUS when prompted, either during registration or your first deposit.
• Make your initial deposit of at least $10 using any of BetMGM's convenient banking methods.
• Place a qualifying wager of $1 or more on any sports market.
• If your bet loses, BetMGM will refund your wager amount via bonus bets up to $1,500.
• If your first bet was $49.99 or less, you will receive a single bonus bet.
• If your bet was $50 or more, your bonus bets will be broken into five equal pieces.
• Your bonus will land in your account within 24 hours (although it's usually much faster).
• Unused bonus bets expire in after seven days.
• Winning wagers made with bonus bets do not include the stake amount in any winnings.

Up To $1,500 Back In Bonus Bets

Bonus bets will expire in 7 days. One new customer offer only. Additional terms and conditions apply.

Claim $1,500

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How to enter the BetMGM bonus 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 bonus bet welcome 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. 

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. 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. 

All BetMGM promo offers

Like most competing sportsbooks, BetMGM rolls out the biggest bonus for brand-new players. However, once you've signed up and collected that welcome offer, the bonuses don't instantly dry up. BetMGM rolls out a steady stream of ongoing promotions for existing players, keeping you engaged and helping smart bettors maximize their potential profit. 

Here's a peek at what's currently available:

BetMGM bonus code for existing users

BetMGM is a premier online sportsbook that is licensed and legal in over 20 different states. To keep their top-tier status, they offer plenty of frequent promotions and bonuses for existing customers. You'll find new profit boosts, SGP insurance tokens, and other contests all the time. However, the biggest value is still BetMGM's up to $1,500 first-bet insurance offer, which you can only claim once. 

BetMGM bonus comparison

As legal online sports betting continues to expand into more and more states, the competition for your business is fierce. That's good news for you, the customer, since the best sportsbooks in the industry keep trying to outdo each other with the most attractive welcome bonuses they can offer.

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 Casino offers

One of the country's preeminent real money online casinos, BetMGM Casino provides a $25 no-deposit bonus and a $1,000 deposit match for first-time users in Michigan, New Jersey, and Pennsylvania. Those in West Virginia can snag a $50 no-deposit bonus, a $2,500 deposit match, and 50 free spins instead. New users should use our BetMGM Casino bonus code SBRBONUS to claim any of these offers. 

100% Deposit Match up to $1,000

Bonuses will expire in 14 days. One new customer offer only. Additional terms and conditions apply.

Play Now

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+. Gambling can be addictive, please play responsibly

• Sign up with BetMGM Casino and create an account.
• The no-deposit bonus — $25 in MI, NJ, and PA; $50 in WV — must be played through 1x within seven days of receipt.
• Make your initial deposit of at least $10. The casino will match the amount, up to $1,000 — $2,500 in WV — in bonus funds.
• You must meet a 15x playthrough requirement within 14 days before you can withdraw your funds.
• The 50 free spins for WV players can only be used on Bellagio Fountains of Fortune.

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 2024.

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 — MGM 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

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.

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: @BetMGMSupport
• 👩‍💼 Support language(s): English

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.)

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 — except for Nevada, New York, and Mississippi — and over 21 years old, you're eligible for the BetMGM bonus offer.

North Carolina BetMGM promos

On Mar. 11, 2024, North Carolina joined almost three dozen other states with legal online sports betting. BetMGM was one of the first sportsbooks to go live in the Tar Heel state.

BetMGM introduced a special welcome bonus for new NC customers. Many sportsbooks are also offering unique promotions in North Carolina. These can include extra bonus bets, first-bet insurance, or special odds boosts.

BetMGM now offers its standard welcome bonus in North Carolina, ending its state-specific offer roughly a month after legal sports betting launched in the state. 

Stay tunes to our North Carolina pages for all the important details:

• North Carolina sportsbook promos
• North Carolina sports betting
• North Carolina betting apps

BetMGM promo offers by state

Recent BetMGM news

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
• BetMGM bonus code
• BetRivers bonus code
• Caesars Sportsbook promo code
• DraftKings promo code
• ESPN Bet promo code
• Fanatics Sportsbook promo code
• FanDuel promo code
• Hard Rock Bet promo code