As it is available in over 24 states and counting, the BetMGM deposit bonus and terms and conditions vary in each jurisdiction. However, there is one bonus that’s available in the majority of states.

Players in New Jersey and 21 other states can get up to $1,500 bonus bets if the first bet doesn’t win. In the article below we’ll cover this bonus in detail and show you how you can claim it. Additionally, we’ll look at the existing customer promos including the MGM Rewards.

Quick Facts

Welcome Bonus Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Mobile Live Streaming yes
Cash Out yes
Mobile Statistics yes
Live Betting yes
Live Streaming yes
Partial Cash Out no
Has Self-Exclusion no
Live Games 6
Slot Providers Evolution Gaming, Inspired Gaming, IGT, NetEnt, Scientific Games +13 more, SHFL Entertainment, Slingo Originals, Spin Games, Ezugi, Williams Interactive, Big Time Gaming, Everi, Ainsworth, Konami Gaming, Playtech, Lightning Box Games, Red Tiger, Nextgen Gaming
Live Casino yes
Gaming Licence Virginia (US) Lottery Board
Deposit time instant
Support Types E-Mail
Available States VA, AZ, CO, IL, IN, IA, KS, KY, LA, MD +12 more, MA, MI, NV, NJ, NY, NC, OH, PA, TN, WA, DC, WV
Show more entries

Introduction to the BetMGM sign-up offer

The US online sports betting market has never been more competitive than it is now in 2025, and sportsbooks need to find a way to cut through the noise. Naturally, an attractive welcome offer provides the top brands with a means of appealing to new players. And the abundance of competition is advantageous for you as a consumer as the quality of bonuses is getting better and better.

The BetMGM Sportsbook is available in over 24 states, which is more than the majority of online sports betting brands. As a result, the bonus terms and conditions and the specifics of the bonus can vary quite substantially in each jurisdiction.

That being said, there is one BetMGM bonus code offer that is available in 21 states in 2025. As a new player in New Jersey, North Carolina, Colorado, and 18 other locations, you can get up to $1,500 in bonus bets if the first bet on your account loses.

Overall, this is a decent bonus with fair terms and conditions that are similar to the Caesars promo code, which you can check out here if you’re looking for a comparison.

BetMGM Sportsbook bonus code - At a glance

We should highlight that the welcome offer is different in some legal BetMGM states, including New York. But here are the key facts about the most common welcome offer that we described for you above:

Sportsbook:BetMGM
Welcome offer:Up to $1,500 no sweat first bet
Minimum deposit:$10
Promo code:Varies in each state
Available states:NC, NJ, IN, WV, DC, CO, PA, MI, IA, AZ, LA, TN, IL, VA, MD, MS, WY, MA, KS, OH, KY*

As we mentioned this sportsbook is available in more states than the 21 listed here. However, the welcome offer and terms and conditions are different in other states due to licensing and regulations.

How to use the BetMGM bonus code

Once again we’ll remind you that the process of claiming the welcome offer and the terms might be different in your state. However, in the 21 locations listed above, the process of registering and claiming this bonus is largely the same.

Who can register and claim the BetMGM deposit bonus?

Before we run you through our step-by-step guide to claiming and using this bonus, let’s first make sure that you are able to claim it. In all 24 states where this sportsbook is available, you must be older than 21 to be able to sign up and bet.

Moreover, you must be a new account holder and the bonus is limited to two per household or IP address.

To ensure that you are over 21 and located in a legal BetMGM Sportsbook state, you will be asked to verify your ID and address by uploading the following documentation:

  • Photo ID - This can be a state-issued ID card, driver’s licence, or passport.
  • Proof of address - Utility, bills, phone bills, and bank statements are all accepted here.

Can visitors to the state claim the bonus?

Again, the answer to this question might differ in your state, but broadly speaking, yes, visitors to a state can legally register an account and use the BetMGM bonus code. However, just be aware that once you are out of the state, you will no longer be able to access your sportsbook account until you return.

We should also mentioned in the BetMGM Sportsbook review that this currently only applies to US residents who can verify their ID with a US photo ID card. Foreign passports and IDs are not accepted as things stand.

A step-by-step guide to claiming the bonus

As we did for the DraftKings promo code, here is a step-by-step guide that you can follow to get your hands on this offer:

  1. Download the app - Start by downloading the sportsbook app or by opening the registration form directly on the website
  2. Sign up and create your account - Tap the “SignUp” button and enter the required information to create your online sportsbook account
  3. Enter the promo code - Copy and paste in the relevant BetMGM promo code for your state to activate the welcome offer
  4. Verify your account - Upload your ID and proof of address to verify that you are over 21 and located in a legal BetMGM state
  5. Set your deposit limits - We would suggest making use of the responsible gambling tools to keep your bonus experience in line with your usual activity
  6. Make your first deposit - Fund you account with a minimum of $10 using the payment method of your choosing
  7. Place your first bet - Make your first bet of between $10 and $1,500 on any single sports betting market
  8. Get your bonus - If your first bet doesn’t win, you will get up to $1,500 in bonus bets once the bet is settled
  9. Use your bonus bets - you can use your bonus bets effectively as a second chance to win, just be aware that the bonus bet stake value is not included in your returns

Notable terms and conditions for the BetMGM sign-up bonus

As the case with the Bet365 promo code, the terms and conditions for this offer can be different in each available state. However, here is a list of the most important terms using the NJ welcome offer as an example:

  • Minimum deposit: You need to deposit a minimum of $10 in order to be eligible for the bonus.
  • Minimum and maximum qualifying bet limits: You need to bet a minimum of $10 as a single stake on any sports betting market and at any odds to claim the bonus. The maximum bonus that you can receive is $1,500; you can still bet more than this, but your bonus will be capped at this amount.
  • First bet loss condition: You only get this bonus if your first bet loses. If you win, you don’t get a bonus - though you do get your winnings, which is better!
  • Time limit: Your bonus bets must be used within seven days of them being credited into your account.
  • Non-cashable bonus: Bonus bets on this sportsbook are non-cashable and your stake is not included in your returns if you win, For example, if you use a $100 bonus bet at odds of +200, your payout would be $200, rather than $300.
  • Bonus bet size: If your qualifying bet is $50 or less and it loses, you will get a single bonus bet equal to the size of your losing stake. If it is larger than $50, you will get five bonus bets each worth 20% of your losing stake. For example, if your losing bet stake was $100, you would get 5 x $20 bonus bets.

Our top five expert tips to help you get the most out of the BetMGM deposit bonus

Whether you are able to claim the welcome offer that we’ve mentioned above, or the sign-up bonus that’s available in another state, we at Dimers want to help you get the most out of it. To do that, our team of sports betting expert have put together five expert tips that should assist you in taking full advantage of the promotion:

🎲 Don’t Set Out to Lose

While it is true that you only get your bonus bets with this offer if your first bet loses, you shouldn’t deliberately set out to lose. At the end of the day, a winning bet is always going to be more valuable than the BetMGM sign-up bonus.

💰 Don’t Overspend

One of the great things about this bonus and other promotions on this sportsbook app is that it’s very flexible. You can deposit and bet any amount between $10 and $1,500 to claim the bonus. Always manage your bankroll and never deposit and bet more than you can realistically afford to lose.

🤑 Make Sure There’s Value in Your Bonus Bet

When using your bonus bet, make sure to calculate your potential by taking into account the fact that your bonus bet value isn’t included in your returns. For example, if a $10 bonus bet wins at odds of -200, your payout would be $5 (not $15). This means that you would actually be $5 down from your initial outlay. On live betting sites, the odds can fluctuate rapidly, so always double-check before you confirm your wager.

🧠 Use Knowledge to Your Advantage

The most common mistake people make with the BetMGM promo code, and bonuses in general, is using them to experiment with new bet types and markets. However, you’re much better off sticking to sports and markets that you follow and understand if you want to maximize the potential value and actually get some returns.

📜 Read the Small Print for the Bonus in Your State

As we have said repeatedly throughout this article, the bonus we’ve discussed is available in 21 states. However, BetMGM is available in 24 states and the terms and conditions can always differ in each location. Before you register, make sure to read the small print so that you are 100% sure of the promotional terms for new account holders in your jurisdiction.

More BetMGM promo offers for existing players

The BetMGM sign-up bonus isn’t the only offer that you can claim as an account holder at this online sportsbook. It is also in the company’s interest to keep their existing players happy.

Whether you're using betting apps on your phone or accessing BetMGM from your desktop, you can always click on the “Promotions” tab to find out what existing account holder offers are available in your state and specifically for your account. For example, here are some of the existing-customer bonuses that we found for players in New York State:

Odds boost tokens:These boost your payout on certain sports and markets if you win. For example, on college football they often offer odds boosts of up to 50%
Parlay boost tokens:Similar to the above, but they boost the payout by a certain percentage on your parlay bets. What’s cool is that BetMGM is one of the few sportsbooks to offer this promotion on multisport parlays.
2 up early payout:This is a popular soccer promotion where they will pay your moneyline bet out early if your team goes up to two goals.
Refer-a-friend:Get up to $100 in bonus bets if your friend signs up to the sportsbook using your referral through a link or BetMGM bonus code.

Loyalty program - MGM Rewards

In addition to the BetMGM deposit bonus and the existing player promotions, there is also a great loyalty program that you can join on this sportsbook. Unlike the other offers that we’ve discussed so far, the MGM Rewards program is more or less the same across all 24+ legal BetMGM states.

When you bet or play using real money on any of the band’s online products, you can collect BetMGM Rewards Points (BRPs). Once you have collected enough, you can get Tier Credits and level up your VIP status to get more rewards.

Rewards Tiers

Here you can see the BetMGM Rewards tiers and the requirements to reach each one:

TierRequirements
SapphireUp to 19,999 Tier Credits
Pearl:20,000 Tier Credits
Gold75,000 Tier Credits
Platinum:200,000 Tier Credits
NOIR:Invite-only

What MGM Rewards do you get?

The cool thing about the MGM Rewards is that, as well as online promotions, you also get real-life tangible rewards. Most of these are linked with the MGM Casino resorts in Las Vegas, New Jersey and across the USA.

Here’s a quick look at some of the best rewards we’ve found:

Online rewards

  • Birthday gift - Get an online promotion every year for your birthday that is suited to your tier level.
  • Anniversary gift - You will get another bonus reward on your anniversary of joining the online sportsbook.
  • Points multipliers - The number of points that you claim is multiplied so that you can collect more and level-up quicker.
  • Premium customer support access - A better level of customer support with faster response times.
  • A dedicated VIP account manager - You are assigned a VIP account manager who is solely responsible for you and your sports betting and/or online casino account.

Offline rewards

  • Ability to exchange your points for Marriott hotel stays
  • Discounts on food and drinks at MGM Resorts
  • Free tickets for concerts at MGM Las Vegas
  • Free parking at MGM Resorts
  • Complimentary early or late checkouts
  • Free suite upgrades at MGM Resorts for three-night stays
  • Air Travel Credits to MGM Resort or Borgata locations

BetMGM sportsbook promo code - Summary and conclusion

In summary, the welcome offer at this online sportsbook is well-sized and accessible to most players. Although not available in every state, the main BetMGM signup bonus (Up to $1,500 no-sweat first bet) is offered in 21 states.

Moreover, the $10 minimum deposit and bet requirement means that even the most casual bettors can claim the bonus. Above all else, just remember that you only get your bonus if the first bet is a loser. Other than that, the terms and conditions attached to the promotion are really, really fair.

Welcome bonuses are also coming up pretty fine on the casino side of things. Although these offers may differ from state to state, they turn out to be really impressive. For instance, one of the more recent welcome bonuses was offered in West Virginia, which comprises a deposit match up to $2500 + $50 on the House + 50 bonus spins.

On top of the welcome bonus, you have a great selection of existing customer promotions, which can vary substantially in each state. Last but not least, the icing on the cake is the MGM Rewards program, which is interlinked with the brand’s land-based casino resorts in Las Vegas and beyond.

BetMGM promo code FAQ

🎁 Is there a promo code for BetMGM?

Just like FanDuel promo code, there is definitely a promo code for BetMGM, but it can vary depending on your state. You can find the latest codes for BetMGM and other sportsbooks right here at Dimers.

💵 What is the BetMGM deposit bonus?

The current sign-up offer at BetMGM varies by state. The most common offer is a first bet back up to $1,500 if your wager loses. While looking out foe these deals, keep an eye out also for bonus bet promo codes that might enhance the value of your sign-up bonusBe sure to check the terms and conditions, as the bonus may differ based on your location.

💸 How do I get bonuses at BetMGM?

If you sign up and deposit at least $10, you can you can take advantage of available sportsbook promos like receiving receive up to $1,500 back in bonus bets if your first qualifying bet loses.

🎉 Does BetMGM have a welcome bonus?

Yes, BetMGM offers a welcome bonus, but it varies by state. With BetMGM available in over 24 states, the specific bonus may differ depending on your location. Check the current BetMGM signup bonus in your state to know how we rate the books by consulting this review on Dimers.

More from Dimers
About Dimers
icon
22,000+
Events covered per year
icon
10,000,000+
Users
As seen on
USA Today iconFox Sports iconBleacher Report iconForbes iconSports Illustrated iconYahoo iconESPN iconMLS icon
Sign up to get the latest sports betting picks and offers sent to your inbox.
Sign Me Up
You can unsubscribe at any time. By signing up you agree to our Terms of Service and Privacy Policy.
×
Your Promo Code:
The bonus offer of BetMGM was already opened in an additional window. If not, you can open it also by clicking the following link:
Play now