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BetMGM Promo Code February 2023: Get $1,000 Back in Bonus Bets

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content
Last Updated Feb 01, 2023, 8:28 AM ET

New U.S. users with BetMGM — except those in Mississippi, Nevada, and New York — can claim up to $1,000 back in bonus bets. Click here to get started.

It’s worth noting that new users can only claim one BetMGM promo at a time, even when there are occasionally more available. No BetMGM promo code is needed to grab the sportsbook's current welcome offer. Read on to find out if the sign-up bonus is right for you.

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    Quick facts: BetMGM promo code

    BetMGM sign-up bonus

    $1,000 paid back in bonus bets

    BetMGM promo code No code required
    Minimum deposit $10
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    Wagering requirements 1x
    Eligible bet types All bet types ✅
    Eligible states 19 + DC
    BetMGM mobile app iOS and Android ✅
    Last verified February 2023
    Offer expiry Dec. 31, 2023

    Best current BetMGM offers

    We’ve scoured through all states that allow legal sports betting and have identified and tested the best welcome bonus offers available. Previously, you would have needed a BetMGM promo code to access these sign-up promotional offers. But now, you can claim them just by making an account and an initial deposit.

    Claim up to $1,000 back in bonus bets

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    Responsible gaming: 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER

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    BetMGM Bonus Code No code - claim nowExternal link icon
    BetMGM Sportsbook Offer (not available in MS, NY, PA)

    $1,000 paid back in bonus bets

    BetMGM Mobile App iOS and Android
    Last Verified February 2023

    How to claim the BetMGM sportsbook promo code

    Even though there’s no BetMGM promo code to worry about, claiming the sportsbook's sign-up bonus may feel tricky to some first-time users. Before getting started, there are a few steps to fulfill, and the instructions aren't always crystal clear. Let's look at the process to help you grab the BetMGM promo for new users.

    1

    Register

    You can click here to register for up to $1,000 back in bonus bets at BetMGM Sportsbook. So long as you live in one of the 19 states (plus DC) where the sportsbook is offering its new-user promo, you’ll be good to go. Have your personal information ready before you jump in. Remember, you don’t need a BetMGM bonus code to register.

    2

    Deposit funds

    Once you've created your BetMGM account, you will need to deposit some funds. You'll have to put down at least $10 to qualify for the welcome bonus.

    3

    Make a wager

    Now you're ready to place a bet and qualify for the BetMGM promo. You can make your first real money wager on any sport or market you choose. If your bet falls flat, the sportsbook will refund your account with bonus bets up to $1,000.

    4

    Withdraw winnings

    If your wager wins, you simply receive the withdrawable spoils. However, if it loses, you will be given your bonus bets within 24 hours of your bet settling. This cannot be withdrawn as real cash and must be used on other wagers with the sportsbook.

    BetMGM promo code terms and conditions

    While no BetMGM promo code is required when claiming the operator’s new player bonus, there are other terms and conditions to know ahead of time. 

    You will need to make a minimum deposit of $10, and your first real money wager — which you can place on any sports market — will be the only one eligible for the BetMGM promo. If your bet loses, your bonus bets will arrive in your account within 24 hours and must be used within seven days of receipt.

    Remember: Bonus bets are not transferable or withdrawable and must be wagered with BetMGM Sportsbook.

    Sports and leagues on deck with BetMGM betting odds

    BetMGM sports offerings are plentiful — users can access and wager on all major leagues and sports, such as soccer, esports, college football, college basketball, the NFL, NBA, MLB, golf, NHL, and UFC/MMA.

    Not only are the odds BetMGM provides for each league of high quality, but the live betting and live streaming features — both of which have various events available daily — make for an even more immersive experience.

    Additional BetMGM promotional offers

    BetMGM consistently delivers fresh offers and profit boosts for a multitude of markets, providing users with high betting value opportunities across the board. For example, one offer being featured at the moment is the operator’s ‘Parlay Plus’ promotion. Those who opt in and place a four to seven-leg parlay on any combination of sports or events will receive up to a 40% profit boost on their winning wagers. 

    Here are some of the other current BetMGM promotions users can jump on:

    Type of BetMGM Promo Offer Description of BetMGM Promo Offer
    First-Touchdown Scorer Insurance Place a prop bet on the first player to score a touchdown in any Thursday night NFL game. If the bet loses, you will receive your wager back in bonus bets, up to $25. 
    EPL One Game Parlay Insurance Place a one-game parlay with at least four legs on any EPL match, and if exactly one of your legs loses, you will receive your stake back as bonus bets.
    Parlay Plus Earn up to 40% more in profits on successful parlays. Opt in and place a four to seven-leg parlay on any combination of sports or events. 
    Refer-A-Friend Send a friend an invitation via email, social media, or text, and once they make their first deposit and wager $50 or more, you'll both receive $50 in bonus bets (20-referral maximum).

    Where is BetMGM legal?

    BetMGM legally operates in 19 states and the District of Columbia. If you are over 21 years old and located within one of these regions’ borders — excluding Nevada, New York, and Mississippi — you’ll be eligible to capitalize on any bonus code or promotional offer the sportsbook releases. 

    Take a look at our legal tracker to discover where BetMGM Sportsbook may be coming next, and for states that allow sports betting.

    State Launch Date
    Arizona
    Sept. 9, 2021
    Colorado
    May 1, 2020
    DC
    June 10, 2021
    Illinois
    March 7, 2022
    Indiana
    Feb. 27, 2020
    Iowa
    Jan. 4, 2021
    Kansas
    Sept. 1, 2022
    Louisiana
    Jan. 28, 2022
    Maryland
    Nov. 23, 2022
    Michigan
    Jan. 22, 2021
    Mississippi
    Sept. 23, 2021 (retail only)
    New Jersey
    Sept. 6, 2019
    New York
    Jan. 17, 2022
    Nevada
    March 9, 2020
    Ohio Jan. 1, 2023
    Pennsylvania
    Dec. 18, 2020
    Tennessee
    Nov. 1, 2020
    Virginia
    Jan. 27, 2021
    West Virginia
    Jan. 29, 2020
    Wyoming
    Sept. 1, 2021

    BetMGM sportsbook review

    BetMGM is one of the most highly touted, recognizable legal U.S. betting sites across the sports gambling landscape. Covers has given BetMGM Sportsbook a 4.4/5 rating using our extensive BetSmart review system. Before releasing its sportsbook to the world, the operator was a well-known entity, and the experience shows. BetMGM is safe, intuitive, and boasts a welcome bonus competitive with its top-tier peers.

    When it comes to reliable mobile sports betting apps, BetMGM possesses one of the best. Customers can find the app on iOS via the App Store and Android via the Google Play store. The interface is smooth and stylish, integrating the look of the desktop platform, and contains a full range of markets for bettors to choose from.

    Additionally, BetMGM’s array of sports and betting options are further buoyed by great odds and consistent bonus offerings. While the operator doesn’t tender as many large sports promotions as some of its competitors, what it does provide is usually worth jumping on. 

    Be sure to check out our full BetMGM Sportsbook review.

    Customer service at BetMGM

    Unlike many of its competitors, BetMGM has a dedicated customer support Twitter account users can reach out to at any time. The operator also boasts a 24/7 live chat on its site and offers an email option.

    There is a significantly sized FAQs section on the site as well, which users can visit to learn more about BetMGM promotions, banking information, key features, etc.

    All that’s missing from BetMGM’s customer service is phone and multi-language support. For now, service is only provided in English.

    • Live chat: 24/7
    • Email: support.nj@betmgm.com
    • Phone: N/A
    • Support languages: English
    • Twitter: @BetMGMSupport

    USA sports betting resources

    Discovering which sportsbook is right for you is vital, which means doing your fair share of comparison shopping to ensure you make the best choice.

    We've done much of that work for you and compiled multiple guides to help you navigate the sports betting landscape.

    Banking methods
    Find the best sportsbook deposit and withdrawal methods.
    Sportsbook deposits and withdrawals
    Mobile sports betting apps
    Covers experts break down the top legal betting apps in the U.S.
    Best sports betting apps

    BetMGM promo code FAQs

    Yes. BetMGM is authorized and regulated in 19 states and DC. It is a highly reputable and trustworthy sportsbook.

    No BetMGM promo code is needed to claim BetMGM's new player bonus for new users. Eligible customers can make a first deposit and wager of at least $10 and receive up to $1,000 back in bonus bets should they lose their first wager.

    You don't need to enter a promo code to claim any BetMGM offer mentioned on this page. Simply follow the links above to the bonus.

    Yes, BetMGM has a referral bonus. If you're already signed up with the sportsbook, you can send a friend an invitation to join BetMGM through email, social media or text. If your friend registers and makes an initial deposit, you’ll both receive a $50 cash referral bonus. You can refer a maximum of 20 friends.

    Bonus bets at BetMGM is a form of currency the sportsbook provides its users — typically once they make a deposit. Bettors can generally use bonus bets to wager on whatever they wish, but they cannot simply withdraw it as cash. If you wager $10 via a bonus bet and profit $10, you will have gained $10 you can later cash out.

    No. The bonus bets at BetMGM are not withdrawable or transferable. They must be used on future wagers with the sportsbook.

    The BetMGM welcome bonus works like this: Should you sign up for the sportsbook and make an initial wager that loses, BetMGM will refund that amount up to $1,000 to your account in the form of site credit. The credit can then be used for further wagering.

    It generally takes BetMGM two days to review and approve your withdrawal request. You will need to allow a few extra days for the funds to appear in your bank account.

    In order to make a withdrawal with BetMGM Sportsbook, click on the 'My Account' button in the top right corner of the page. Continue to the 'Cashier' page. Then select the 'Withdrawal' tab, choose your withdrawal method, enter the amount you wish to cash out, and then tap the 'Withdraw' button.

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    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

    • BetMGM Promo Code February 2023: Get $1,000 Back in Bonus Bets
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