BetMGM Bonus Code SBRMGM: Get $1,500 Bonus Bets for NBA & NHL Playoffs, WNBA, and MLB Games
Last Updated: May 23, 2026 10:15 AM EDT • 4 minute read X Social Google News Link
Saturday, May 23 is loaded with postseason action, and the BetMGM bonus code SBRMGM gives new users a First Bet Offer worth up to $1,500 + $50 in MGM Rewards Points to jump right in. 🏒🏀⚾ From Game 2 of the Eastern Conference Final between the Montreal Canadiens and Carolina Hurricanes to Game 3 of the Cavaliers vs. Knicks series, plus a full MLB and WNBA slate, there is no shortage of ways to use this welcome offer. A code is required, and among the best sportsbook promos available, this one stands out heading into a massive sports Saturday.
BetMGM bonus code overview
| 📲 BetMGM Bonus Code Code | SBRMGM |
| 💰 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 |
| 💰 Secondary New User Offer | Bet $10, Get $150 If It Wins In MI, NJ, PA, WV |
| 📄 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. |
| 📅 Bonus Verified On | May 23 |
| ✅ Information Confirmed By | Darren Kritzer |
How to claim the BetMGM bonus code for Saturday
Claiming your BetMGM welcome offer ahead of Saturday's packed schedule is quick and straightforward. Here is how to get started:
- Register: Sign up for a new BetMGM account and enter promo code SBRMGM during registration. 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 market that interests you — Game 2 of Canadiens vs. Hurricanes, Game 3 of Cavaliers vs. Knicks, an MLB matchup, or a WNBA game. If your bet loses, BetMGM credits your account with bonus bets up to $1,500.
- Collect your winnings or bonus bets: Winning bets can be withdrawn immediately. Bonus bets must be used before cashing out, and BetMGM does not return your stake when using bonus bets.
For a deeper look at what BetMGM offers beyond this welcome promotion, check out the full BetMGM bonus review.
BetMGM bonus code terms & conditions
Here is a closer look at how the BetMGM bonus code SBRMGM offer works in detail. New customers who sign up and deposit at least $10 are eligible for the First Bet Offer up to $1,500 plus $50 in MGM Rewards Points, win or lose. That means whether you back Nick Suzuki and the Canadiens in Game 2 against Carolina, or side with Donovan Mitchell and the Cavaliers in Game 3 against New York, your first wager is covered up to $1,500 if it does not hit.
For example, if you place a $1,500 bet on the Hurricanes to win Game 2 and they fall short, BetMGM will credit your account with five bonus bets of $300 each, totaling $1,500. If you wager $50 or less and lose, you receive one bonus bet equal to your stake. Bonus bets expire seven days after issuance and cannot be withdrawn directly — you must use them on a wager first. 🎯
In Colorado and most other states, the First Bet Offer up to $1,500 applies. In Michigan, New Jersey, Pennsylvania, and West Virginia, new users can alternatively opt for a Bet $10, Get $150 offer — meaning if your first $10 wager wins, you receive $150 in bonus bets issued as three $50 credits, also expiring after seven days.
The $50 in MGM Rewards Points is awarded regardless of outcome and can be redeemed for bonus credits at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. Learn more about MGM Rewards at betmgmrewards. 🏆
- Code required: SBRMGM
- Minimum deposit: $10
- First Bet coverage up to $1,500 in bonus bets if your wager loses
- Bets over $50 receive five bonus bets at 20% of stake each; bets under $50 receive one bonus bet
- Bonus bets expire seven days after issuance
- $50 MGM Rewards Points awarded win or lose
- Bet $10, Get $150 available in MI, NJ, PA, and WV if first bet wins
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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