BetMGM, one of America’s leading sportsbooks, currently offers two distinct welcome bonuses for new s, depending on your state. Each promotion provides unique benefits and is available in different states. Let’s break down both offers to help you understand which might be the better choice for your betting style — the deposit match through BetMGM bonus code SHNEWS1500 and the first bet offer up to $1,500 with BetMGM bonus code HANDLETOP.
BetMGM Offer 1 with SHNEWS1500: 20% First Deposit Match up to $1,500 5p643x
What You Get 2d1f4j
BetMGM will match 20% of your first deposit up to $1,500 in Sports Bonus funds. This means if you deposit $7,500, you’ll receive the maximum bonus of $1,500 in bonus funds.
Key Details 46c52
- Available in: AZ, CO, DC, IN, IA, KS, KY, MA, MD, MI, NJ, NC, PA, TN, WV, WY
- Requires a 10x playthrough requirement
- Not available in IL, LA, OH, VA, MS, NY, ON, or PR
- Must be 21+ to participate
How It Works b2w6s
The deposit match is straightforward but requires careful attention to the playthrough requirements. For example, if you receive $100 in bonus funds from this promo, you’ll need to wager $1,000 (10x the bonus amount) before you can withdraw any winnings from the bonus. This is a significant requirement that should factor into your decision.
BetMGM Offers 2 with HANDLETOP: Up to $1,500 Back in Bonus Bets on Your First Bet 6g3i69
What You Get 2d1f4j
If your first bet loses, BetMGM will credit your with bonus bets equal to the amount of your wager, up to $1,500.
Key Details 46c52
- Available in: AZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY
- Bonus bets expire in 7 days
- Not available in MS, NY, ON, or PR
- Must be 21+ to participate
How It Works b2w6s
This offer provides insurance on your first bet. Here’s an example:
- If you bet $1,000 and win, you keep your winnings as cash
- If you bet $1,000 and lose, you receive $1,000 in bonus bets
- When using bonus bets, you only keep the profits from winning wagers, not the stake
Understanding Bonus Bets vs. Cash 1b211u
It’s crucial to understand the difference between bonus bets and cash wagers when taking any sportsbook :
- With cash bets, you keep both the stake and profits if you win
- With bonus bets, you only keep the profits if you win
- Bonus bets must be used within 7 days before they expire
For example, if you place a $100 bonus bet on odds of +100:
- If you win, you receive $100 in profit as cash
- If you lose, you receive nothing
- The original $100 bonus bet disappears either way
Which Offer Should You Choose? 344m1g
Consider these factors when deciding:
Choose the Deposit Match if: 1fi3r
- You plan to bet regularly over time
- You’re comfortable with the 10x playthrough requirement
- You’re making a larger initial deposit
- You’re in an eligible state
Choose the First Bet Offer if: 6x5a2m
- You want more flexibility with your first bet
- You prefer less complicated
- You’re making a smaller deposit
- You want quicker access to potential winnings
Important Considerations 6v2a44
- Read all and conditions carefully before participating
- Be aware of state-specific restrictions and requirements
- Never wager more than you can afford to lose
- Consider the playthrough requirements when choosing your deposit amount
- Set up responsible gaming limits before you start betting
If you or someone you know has a gambling problem, call 1-800-GAMBLER (available in most states) or your state-specific gambling helpline.
Responsible Gambling Hotlines 314e2r
If you or someone you know has a gambling problem, call a gambling help hotline now. The number will vary by state:
State | Phone Number | Text/Website |
---|---|---|
Arizona | 1-800-NEXT-STEP | NEXTSTEP to 53342 |
Arkansas | 1-800-522-4700 | N/A |
Colorado | 1-800-522-4700 | Link |
Connecticut | 1-888-789-7777 | N/A |
Delaware | 888-850-8888 | 302-438-8888 |
Illinois | 1-800-GAMBLER | ILGAMB to 833234 |
Indiana | 1-800-GAMBLER | INGAMB to 53342 |
Iowa | 1-800-BETS-OFF | Link |
Kansas | 1-800-522-4700 | Link |
Kentucky | 1-800-426-253 | N/A |
Louisiana | 1-877-770-STOP | 1-877-770-STOP |
Maryland | 1-800-GAMBLER | Link |
Massachusetts | 800-327-5050 | Link |
Michigan | 1-800-GAMBLER | N/A |
Mississippi | 1-888-777-9696 | N/A |
Montana | 1-888-900-9979 | N/A |
Nebraska | 1-833-238-6837 | N/A |
Nevada | 1-800-522-4700 | N/A |
New Jersey | 1-800-GAMBLER | N/A |
New Hampshire | 603-724-1605 | N/A |
New Mexico | 888-696-2440 | N/A |
New York | 877-8-HOPENY | HOPENY |
North Carolina | 877.718.5543 | 53342 |
Ohio | 800.589.9966 | N/A |
Ontario | 1-866-531-2600 | CONNEX to 247247 |
Oregon | 1-877-695-4648 | 503-713-6000 |
Pennsylvania | 1-800-GAMBLER | Link |
Puerto Rico | 1-800-981-0023 | N/A |
Rhode Island | 1-877-942-6253 | N/A |
Tennessee | 800-889-9789 | 800-889-9789 |
Virginia | 1-800-GAMBLER | Link |
Washington DC | 1-800-522-4700 | Link |
Washington | 1-800-547-6133 | N/A |
West Virginia | 1-800-GAMBLER | 1800Gambler.net |
Wisconsin | 800-426-2535 | N/A |
Wyoming | 1-800-522-4700 | 1-800-522-4700 |
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IN, KS, KY, MA, MD, MI, NC, NJ, PA, TN, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Deposit Match unavailable in IL, LA, OH and VA. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for & Conditions.
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering. Bonus Bets Expire in 7 Days. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for & Conditions.