BetMGM Bonus Code SBRBONUS - Make a $1.5K First Bet On College Basketball

21+. Gambling Problem? Call 1-800-GAMBLER.
Enjoying SBR content? Add us as a preferred source on your Google account Add as a preferred source on Google

The BetMGM bonus code SBRBONUS unlocks a massive welcome offer perfect for Thursday's Tournament tip-off action. New users can claim up to $1,500 back in bonus bets if their first wager loses, making March 19 the ideal time to join the madness. 🏀

With 16 games spanning from noon until late night, bettors have countless opportunities to use this generous offer on everything from heavy favorites like Duke to potential Cinderella stories. This welcome bonus stands out among sportsbook promos for its high limit and tournament timing.

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
📄 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 19
✅ Information Confirmed By Darren Kritzer

How to claim the BetMGM bonus code for college basketball in March

Claiming your BetMGM welcome offer for NCAA Tournament betting is straightforward with these simple steps:

  1. Register: Create your BetMGM account using bonus code SBRBONUS and verify your identity with required documentation.
  2. Deposit: Make a minimum $10 deposit to activate your account and qualify for the welcome bonus.
  3. Place Your Bet: Wager on any NCAA Tournament game, from opening tip-offs to late-night finishes across multiple networks.
  4. Get Bonus Bets: If your first bet loses, receive your stake back up to $1,500 in bonus bets that expire after seven days.

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

BetMGM bonus code terms & conditions

The BetMGM welcome offer provides excellent value for tournament betting, especially with the BetMGM bonus code SBRBONUS requirement. This promotion operates as a safety net for your initial wager, returning your stake in bonus bets if your first bet doesn't win.

Here's how the bonus structure works based on your first bet amount:

  • Wagers over $50 receive five separate bonus bets, each worth 20% of your original stake
  • Wagers under $50 receive one bonus bet equal to your stake amount
  • All bonus bets expire exactly seven days after issuance
  • Bonus bets don't return the stake when used, only potential winnings

For example, if you bet $1,000 on Duke to cover the spread against their first-round opponent and they fall short, you'd receive five $200 bonus bets totaling your original $1,000 stake. However, if Duke covers easily and your bet wins, you keep your original winnings plus your stake with no bonus bets issued. 📊

The seven-day expiration creates urgency to use bonus bets on upcoming tournament games, making this offer particularly valuable during March Madness when games occur daily. Remember that bonus code SBRBONUS is required during registration, and the offer is available in most states where BetMGM operates legally.

Related pages

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.