BetMGM Bonus Code SBRBONUS: Get $1,500 Bonus for NCAA Tournament Round 1, NBA, NHL Games

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Wednesday's exciting sports lineup featuring NBA showdowns, NCAA Tournament action, and NHL games presents the perfect opportunity to claim the BetMGM bonus code offer. New users can use promo code SBRBONUS to unlock up to $1,500 back in bonus bets if their first wager loses.

This Wednesday, March 18 promotion allows bettors to wager on marquee matchups like Lakers vs. Rockets or Celtics vs. Warriors, plus the opening day of the NCAA Tournament and NHL action with added confidence through this generous welcome offer from one of the top sportsbook promos available.

Up To $1,500 First Bet Offer

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

📲 BetMGM Bonus Code Code SBRBONUS
💰 New User Offer Get A $1,500 First Bet ; Bonus Bets Back If It Loses
💵 Other Promotions Get a NBA no sweat bet - stake back in bonus bets if you lose
📄 Terms and Conditions New customers 21 and over in This welcome offer is available in AZ, CO, IN, IA, IL, KS, KY, LA, MA, MD, MO, NC, OH, TN, VA, WY + DC  Offer not available in MI, NJ, PA, WV, NY, NV, or PR or to residents of Ontario.
📅 Bonus Verified On March 18
✅ Information Confirmed By Darren Kritzer

How to claim the BetMGM bonus code for NCAA, NBA, NHL

Claiming this BetMGM welcome offer is straightforward and gets you ready to bet on Wednesday's action in just a few steps:

  1. Register for a new BetMGM account using bonus code SBRBONUS during the sign-up process
  2. Make your initial deposit of at least $10 to activate your account
  3. Place your first real money wager on any NBA game, NCAA Tournament matchup, or NHL contest
  4. If your bet loses, receive your stake back up to $1,500 in bonus bets within 24 hours
  5. Use your bonus bets within seven days before they expire

For complete details about terms and conditions, check out our comprehensive BetMGM bonus review.

BetMGM bonus code terms & conditions

The BetMGM bonus code SBRBONUS offer provides excellent value for new customers looking to bet on Wednesday's sports action. 🏀 When you place your first wager and it loses, BetMGM returns your entire stake up to $1,500 in bonus bets, giving you a second chance to win on games like the high-profile Lakers-Rockets NBA matchup or any of the NCAA Tournament's opening-day contests. The bonus structure varies based on your initial wager amount, with bets over $50 receiving five separate bonus bets worth 20% of your original stake each.

Key terms for this promotion include:

  • Bonus bets expire seven days after issuance
  • Minimum $10 deposit required to qualify
  • Available only to new BetMGM customers in eligible states
  • Bonus bets cannot be withdrawn directly and must be wagered

For example, if you bet $500 on the Celtics to beat the Warriors and lose, you'd receive five $100 bonus bets totaling your original $500 stake. 🏒 These bonus bets can then be used on Thursday's NCAA Tournament games or upcoming NHL playoff positioning games. The bonus bets don't include the stake when they win, meaning a winning $100 bonus bet on a +200 underdog would return $200 in withdrawable cash rather than $300.

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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.