BetMGM Bonus Code SBRBONUS: Get $1,500 Bonus Bets for NCAA Tournament Games on Friday
Last Updated: March 20, 2026 9:15 AM EDT • 3 minute read X Social Google News Link
The BetMGM bonus code SBRBONUS unlocks an incredible welcome offer for NCAA Tournament Round 1 Friday games. New users can claim up to $1,500 back in bonus bets if their first wager loses on the action. 🏀
Friday's slate features thrilling matchups including Santa Clara vs. Kentucky, Arizona vs. Long Island University, and Utah State vs. Villanova. With games starting early and continuing throughout the day on Friday, March 20, there's no shortage of betting opportunities. The BetMGM bonus code SBRBONUS gives new bettors a safety net to wager confidently on these high-stakes tournament games, making it one of the top sportsbook promos available.
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BetMGM bonus code overview
| 📲 BetMGM Bonus Code Code | SBRBONUS |
| 💰 New User Offer | Get A $1,500 First Bet ; Bonus Bets Back If It Loses |
| 📄 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 20 |
| ✅ Information Confirmed By | Darren Kritzer |
How to claim the BetMGM bonus code for NCAAB
Claiming your BetMGM welcome offer for NCAA Tournament betting is straightforward with these simple steps:
- Register: Create your BetMGM account using bonus code SBRBONUS and provide required personal information for identity verification.
- Deposit: Make a minimum $10 deposit to activate your account and qualify for the welcome bonus.
- Place Your Bet: Wager on any NCAA Tournament Round 1 game, such as the Arizona vs. Long Island University matchup where Arizona opens as 30.5-point favorites.
- Receive Bonus Bets: If your first bet loses, you'll receive your stake back up to $1,500 in bonus bets that expire after seven days.
For more details about this operator's features and betting options, check out our comprehensive BetMGM bonus review.
BetMGM bonus code terms & conditions
The BetMGM welcome offer provides excellent value for NCAA Tournament betting with its generous $1,500 maximum bonus bet return. When you use the BetMGM bonus code SBRBONUS, your first wager receives full protection up to the maximum amount. This offer is available to new users in eligible states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
The bonus bet structure depends on your wager amount:
- Wagers over $50 receive five bonus bets, each worth 20% of your qualifying wager
- Wagers under $50 receive one bonus bet equal to your stake
- All bonus bets expire seven days after issuance
- Bonus bets cannot be withdrawn and stakes are not returned on bonus bet wins
For example, if you bet $1,000 on Florida to cover the 35.5-point spread against Prairie View A&M and lose, you'd receive five $200 bonus bets totaling $1,000. If you bet $500 on the Iowa vs. Clemson game and it loses, you'd get five $100 bonus bets. However, if your initial wager wins on games like California Baptist vs. Kansas, you keep your winnings and can withdraw them immediately, though you won't receive any bonus bets since the protection only applies to losing first bets.
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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