BetMGM Bonus Code SBRMGM - Get $1,500 First Bet Bonus for Any MLB, NBA, or NHL Game on Wednesday
Last Updated: April 29, 2026 12:45 PM EDT β’ 4 minute read X Social Google News Link
Wednesday, April 29 brings a loaded sports night, and new bettors can jump in with the BetMGM bonus code SBRMGM to unlock a First Bet Offer up to $1,500 + $50 in MGM Rewards Points. This welcome offer is one of the top sportsbook promos available for new users. With MLB's full slate, pivotal NBA playoff series, and intense NHL first-round action all on the schedule, there's no shortage of markets to target.
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 29 |
| β Information Confirmed By | Darren Kritzer |
How to claim the BetMGM bonus code for today
Claiming your BetMGM welcome offer ahead of Wednesday's action is quick and straightforward. Follow these steps to get started:
- Register: Create a new BetMGM account and enter promo code SBRMGM during sign-up. Have your name, address, email, and driver's license ready to verify your identity.
- Deposit funds: Make an initial deposit of at least $10 to qualify for the welcome offer.
- Place your first bet: Wager on any MLB game, NBA playoff matchup, or NHL postseason contest on April 29. If your bet loses, BetMGM will credit your account with bonus bets up to $1,500.
- Withdraw winnings: Cash out real-money winnings right away. Bonus bets must be used before any payout can be accessed, and BetMGM does not return the stake on bonus bet wagers.
For a deeper look at what BetMGM offers beyond the welcome bonus, check out the full BetMGM bonus review.
BetMGM bonus code terms & conditions
Here's a closer look at how the BetMGM bonus code SBRMGM offer works. New users in most states receive a First Bet Offer up to $1,500. If your first wager loses, BetMGM credits your account with the full stake amount in bonus bets. For example, if you bet $200 on an NBA playoff game Wednesday night and it loses, you'll receive $200 in bonus bets back.
If you wager more than $50 and lose, BetMGM issues five bonus bets, each worth 20% of your qualifying wager. So a $1,500 losing bet on an NHL postseason game would return five $300 bonus bets, totaling $1,500. If your wager is under $50, you receive a single bonus bet equal to your stake. Bonus bets expire seven days after issuance.
Win or lose, every new user also receives $50 in MGM Rewards Points. π These points can be redeemed in several ways:
- Bonus credits for digital play at BetMGM
- MGM Rewards Points for use at MGM properties
- Marriott Bonvoy Points
- Merchandise
- Gametime Vouchers for live events
Learn more about MGM Rewards Points at the BetMGM Rewards page. In Colorado and Michigan, New Jersey, Pennsylvania, and West Virginia, new users can alternatively opt for the Bet $10, Get $150 offer: place a $10 minimum wager on any April 29 MLB, NBA, or NHL market, and if it wins, you'll receive $150 in bonus bets issued as three $50 credits, also expiring after seven days. A minimum $10 deposit is required, and the BetMGM bonus code SBRMGM must be entered at registration to unlock either offer. πβΎπ
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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