BetMGM Bonus Code SBRMGM - Get $50 + a $1,500 First Bet on the Masters
The 2026 Masters at Augusta National presents an incredible opportunity to use the BetMGM bonus code SBRMGM for a welcome offer worth up to $1,500. New customers can claim this First Bet offer up to $1,500 plus $50 in MGM Rewards Points when betting on golf's most prestigious tournament. With defending champion Rory McIlroy and favorite Scottie Scheffler headlining the field, Wednesday, April 8 marks the perfect time to explore the best sportsbook promos available. ποΈββοΈ
Up To $1,500 First Bet Offer + $50 in Rewards Points
Bonus bets will expire in 7 days. One new customer offer only. Additional terms and conditions apply.
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.
BetMGM bonus code overview
| π² BetMGM Bonus Code Code | SBRMGM |
| π° New User Offer | Get A $1,500 First Bet ; Bonus Bets Back If It Loses in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, WY |
| π° Secondary New User Offer | Bet $10, Get $150 If It Wins In MI, NJ, PA, WV |
| WVπ Terms and Conditions | New customers 21 and over. This welcome offer is available in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, WY, MI, NJ, PA, WV. Offer not available in NY, NV, or PR, or to residents of Ontario. |
| π Bonus Verified On | April 8 |
| β Information Confirmed By | Darren Kritzer |
How to claim the BetMGM bonus code for Wednesday
Claiming your BetMGM welcome bonus for The Masters is straightforward with these simple steps:
- Register: Sign up with BetMGM using bonus code SBRMGM and provide your personal information for account verification.
- Deposit: Make an initial deposit of at least $10 to activate your account and qualify for the welcome offer.
- Place Your First Bet: Wager any amount on The Masters markets, whether backing Scheffler to repeat or McIlroy to defend his title.
- Receive Your Bonus: If your first bet loses, get the full stake back in bonus bets up to $1,500, plus $50 MGM Rewards Points regardless of the outcome.
For complete details about this welcome offer and BetMGM's features, check out our comprehensive BetMGM bonus review.
BetMGM bonus code terms & conditions
The BetMGM First Bet offer provides excellent value for Masters betting, requiring the BetMGM bonus code SBRMGM during registration. After making your qualifying deposit and placing your first real money wager, the protection kicks in if your bet doesn't win. For example, if you bet $500 on Scottie Scheffler to win The Masters at +400 odds and he finishes second, BetMGM credits your account with five bonus bets worth $100 each, totaling your original $500 stake.
The bonus structure varies based on your wager amount:
- Bets under $50 receive one bonus bet equal to the stake
- Bets over $50 receive five bonus bets, each worth 20% of the original wager
- All bonus bets expire seven days after issuance
- MGM Rewards Points are awarded regardless of bet outcome
If your Masters bet wins, you keep your winnings and still receive the $50 MGM Rewards Points. These points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. Whether you're backing Rory McIlroy to successfully defend his title or taking a chance on rising star Ludvig Γ berg, this welcome offer provides substantial value for The Masters action. π
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Affiliate Disclosure: Not intended for use in MA. Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US)877-8-HOPENY or text HOPENY (467369) (NY)1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR)21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
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