BetMGM Bonus Code SBRMGM - Make $1.5K First Bet for The Masters on Thursday + MLB, NBA, and NHL
Last Updated: April 9, 2026 12:15 PM EDT ⢠3 minute read X Social Google News Link
Thursday, April 9 presents an exceptional opportunity to claim the BetMGM bonus code SBRMGM and capitalize on a loaded sports calendar. New users can secure up to $1,500 in First Bet protection plus $50 MGM Rewards Points while betting on MLB's early-season matchups, crucial NBA playoff positioning games, intense NHL battles, and opening-round action at The Masters. This welcome offer ranks among the top sportsbook promos available, requiring the bonus code SBRMGM to unlock the full value.
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BetMGM bonus code overview
| š² BetMGM Bonus Code Code | SBRMGM |
| š° 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 |
| š° Secondary New User Offer | Bet $10, Get $150 If It Wins In MI, NJ, PA, WV |
| WVš 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. |
| š Bonus Verified On | April 9 |
| ā Information Confirmed By | Darren Kritzer |
How to claim the BetMGM bonus code for today
Claiming this BetMGM welcome offer is straightforward and positions you perfectly for Thursday's marquee sporting events. Follow these steps to get started:
1. Register: Sign up with BetMGM using bonus code SBRMGM and provide your personal information for account verification.
2. Deposit: Make an initial deposit of at least $10 to activate your account and qualify for the welcome bonus.
3. Place Your First Bet: Wager any amount on MLB games, NBA matchups, NHL contests, or Masters golf betting markets.
4. Receive Protection: If your first bet loses, get the full stake back in bonus bets up to $1,500, plus $50 MGM Rewards Points regardless of outcome.
For a comprehensive breakdown of terms and features, read our complete BetMGM bonus review.
BetMGM bonus code terms & conditions
The BetMGM bonus code SBRMGM unlocks a comprehensive welcome package designed for serious sports bettors. After registration and your minimum $10 deposit, your first wager receives full protection up to $1,500. If you bet $500 on Scottie Scheffler to win The Masters and he misses the cut, BetMGM credits your account with five $100 bonus bets totaling your original stake. Conversely, if Scheffler captures the green jacket, you keep your winnings plus receive the $50 MGM Rewards Points.
The bonus bet structure varies based on your initial wager amount. Stakes over $50 generate five separate bonus bets, each worth 20% of your original wager, while smaller bets result in a single bonus bet matching your stake. These bonus bets expire seven days after issuance and don't return the stake amount when used, only potential winnings.
Key terms include:
- Bonus code SBRMGM required for activation
- Seven-day expiration on all bonus bets
- $50 MGM Rewards Points awarded regardless of first bet outcome
- Maximum protection of $1,500 on qualifying first wagers
MGM Rewards Points provide additional value through bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Whether you're backing NBA playoff contenders, NHL division leaders, or Masters favorites like Rory McIlroy, this protection ensures Thursday's action carries minimal downside with maximum upside potential.
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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.
Devon Taylor X social