BetMGM bonus code December 2023: Exclusive first bet offer up to $1,500

To secure one of the most attractive welcome bonuses available, make sure to enter the BetMGM bonus code ODDSBONUS during your registration process. This qualifies you for the $1,500 first bet bonus. To explore the full range of promotions offered by BetMGM, continue reading.

BetMGM bonus code: Important information

BetMGM bonus code December 2023 

The current BetMGM welcome offer makes it simple for new bettors to get a sizable bonus to kick off their wagering journey. Compared to more complex welcome bonuses like PointsBet for example, the BetMGM welcome bonus is straightforward. You must first sign up to BetMGM Sportsbook using our exclusive bonus code ODDSBONUS before making a minimum $10 deposit. Next, simply place your qualifying bet! If your wager of up to $1,500 is unsuccessful, you will get bet credits equivalent to your bet size.

The welcome bonus is subject to specific terms and conditions, which include a seven-day time limit before your bet credits expire. Additionally, it should be noted that you are unable to withdraw your initial bet. Please be aware that the details of the welcome bonus may differ depending on the state. However, the described welcome bonus has been consistently offered by BetMGM since its inception. For more in-depth terms and conditions, please consult the comprehensive information provided below.

How to claim BetMGM bonus code

With the clever utilization of the exclusive bonus code ODDSBONUS provided by Oddspedia, I have successfully acquired my welcome offer without any hassle. What sets this welcome offer apart is its versatility, catering to all types of bettors. Novices can use the bet credits to recover their initial bet in case of a loss, while experienced bettors can enjoy the opportunity to place larger wagers with reduced risk. While claiming your BetMGM bonus is straightforward, having a clear understanding of the steps involved can be advantageous. In the following section, I will provide guidance on the registration process and how to claim your welcome bonus.

1. Go to the BetMGM welcome page via a link from Oddspedia. Once there, if prompted, pick your state
2. Choose your username and password and input your email address. Within the required bonus code field, use our exclusive BetMGM bonus code ODDSBONUS
3. Your name, address, phone number, date of birth, and the last four digits of your Social Security number are additional registration information that must be provided. Please enter these to verify your identity
4. Accept the terms and conditions of the BetMGM Sportsbook. Complete the additional steps for account verification and check your email for account confirmation
5. Make a deposit of at least $10 and a qualifying wager. Get up to $1,500 in bonus credits within 24 hours from BetMGM if the wager is unsuccessful

Ready to claim your BetMGM bonus?

It didn't take me much time to recognize the value of the BetMGM welcome bonus known as their patented $1,500 first bet offer. Claiming the bonus is a straightforward process, but it can be beneficial to have some additional information to ensure you can access the offer promptly.

✅ Confirm your location - Are you in a legal state?

✅ Verify your identity - Do you have a valid ID ready?

✅ Deposit a minimum $10 - Do you have details for your chosen deposit method?

BetMGM new user promo

It's important to note that BetMGM's $1,500 first bet offer is unlikely to change anytime soon, as it is a staple of the sportsbook. It's one of the top welcome bonuses among industry-leading sportsbooks in terms of value and truly rolls out the red carpet for new bettors registering with our exclusive BetMGM bonus code ODDDBONUS.

The first step is to sign up as a new user at BetMGM Sportsbook using the bonus code ODDSBONUS. If you have registered with the sportsbook before, you are not eligible for this BetMGM new user promo.

Your initial deposit amount must be a minimum $10 - remember that this is a second-chance welcome offer and not a deposit match bonus. With a deposit match bonus, a sportsbook will match your initial deposit anywhere from 25% up to 20x. 

Next, make a cash wager of up to $1,500, you'll get equivalent bonus bets if it loses. For example, if your first wager is $100, and it loses on the market of your choice, BetMGM will refund your entire stake of $100. You will get your bonus credits within 24 hours after its settlement in most cases. And remember that bonus credits have a seven-day usage window after they are issued.

Concerning bonus bets, only the gains are capable of being withdrawn, rather than the entirety of the wagered amount. Additionally, the bonus funds cannot be converted into cash and must be wagered at least once before any winnings can be withdrawn. Once this requirement is fulfilled, you are free to withdraw any winnings that result from your bonus bets.

BetMGM First Bet Offer up to $1,500

The best and most accessible offer at BetMGM is available for new users only. Using the Oddspedia exclusive bonus code ODDSBONUS, you can unlock the $1,500 first bet welcome package. This welcome offer is currently the universal BetMGM bonus found in each state where BetMGM is legal. Be sure to check back on this page for the most recent offers from BetMGM.

BetMGM offer terms and conditions

BetMGM bonus code for existing users

The BetMGM welcome bonus for new users is just one of many BetMGM promotions. Existing users will be happy to know that the fun doesn't end once you register with BetMGM. The ongoing promotions typically involve the NHL, MLB, NFL, NBA, and PGA, and happen on a weekly basis. Simply put, there are a ton of offers surrounding a variety of markets that can be accessed through your BetMGM Sportsbook account. Some of the most popular promotions include odds boosts, the BetMGM referral bonus, parlay insurance, bet credits, and more. You can find these promotions on your home page or your "Promotions" tab located on the bottom right of your app. Let's take a look at some of the top promotions going on at BetMGM for existing users:

BetMGM casino bonus code

In some areas, the BetMGM Casino offering complements the BetMGM Sportsbook. Apart from the BetMGM bonus code offer I have described, you can get a casino welcome bonus in addition, where applicable. The casino bonus offered to new users differs by state, but it is almost always a 100% deposit match bonus up to $1,500. In some states, it is a 100% deposit match bonus up to $3,000, plus $100 on the house. Make sure to check in on the terms and conditions prior to playing, but this is an incredible way to begin your casino journey.

BetMGM Fantasy promo code

Despite having a lot going for it in the gambling arena as a whole and being a well-established hospitality brand, BetMGM does not provide a fantasy sports product. To engage in this type of sports gambling, you'll need to go to daily fantasy sports (DFS) websites like DraftKings and FanDuel, where you can benefit from welcome incentives for DFS. In the meantime, also be sure to check out BetMGM for your sports betting needs and enjoy the BetMGM bonus code offer.

BetMGM promotions by State

BetMGM promotions this week

MLB same-game parlay $10 bonus bet

With MLB season in full swing, BetMGM is offering its customers a same-game parlay $10 bonus bet. To qualify, all you have to do is opt in to the promotion on your BetMGM promotions page before placing a $25 same-game parlay on any game throughout the week. Once done, you'll receive a $10 bonus credit to use on any market you'd like! I used this promo myself and it was a straightforward process and the bet credits were instantly deposited into my account after my parlay had settled.

MLB weekly $10K giveaway

Here's a juicy giveaway for existing users at BetMGM. First, you have to opt in on your promotions tab. Once done, you'll have to place $200 in cumulative wagers during the promotional period to enter into the $10K giveaway. This promotion is on until September 2023, and is limited to one entry per week. Get your wagers in for a chance at $10K!

BetMGM promos vs. FanDuel, DraftKings, and Caesars

BetMGM's first bet offer up to $1,500 can be seen as one of the most valuable in the betting industry, but it's always important to compare it against some of the most popular sportsbooks available. Let's take a look at FanDuel, DraftKings, and Caesars and see how the BetMGM welcome bonus matches up:

BetMGM vs FanDuel: FanDuel offers up a Bet $5 Get $200 welcome bonus. You can win or lose your initial bet and FanDuel will still credit you with $200 within 72 hours. As you can tell, the maximum bonus is still significantly less than BetMGM. However, there is some value in receiving $200 on a low $5 bet. It's one of the better low-risk, high-reward bonuses out there. You will have to play through the $200 once as these credits are not instantly withdrawable. For ongoing promotions, BetMGM and FanDuel are competitive, both offering geolocated odds boosts and parlay insurance throughout the year.

Read this FanDuel sportsbook review to see how else FanDuel stacks up against BetMGM.

BetMGM vs DraftKings: DraftKings also offers new users a Bet $5 Get $200 welcome bonus. The bonus can be claimed whether you win or lose your first bet with the sportsbook, but the maximum return is $200. The bet credits will be in your account within 72 hours of your initial wager settling. These bets will be issued as eight (8) $25 bet credits.  Remember you will have to play through these credits 1x as they are not instantly withdrawable. Regarding continuous promos and bonuses for rewards program members, DraftKings Sportsbook is as good as it gets, offering daily odds boosts on the biggest games of the day.

If you want to compare more aspects of DraftKings against BetMGM, you can read this DraftKings sportsbook review.

BetMGM vs Caesars: Caesars sportsbook offers its $1000 first bet when using the bonus code OPBONUS1000. All you have to do is register, make your initial deposit, and wager it. If your first bet with Caesars loses, you'll receive your entire stake back in the form of bet credits, up to $1000.

Oddspedia also has a detailed Caesars Sportsbook review that will give more information on how this sportsbook stacks up against the likes of BetMGM, FanDuel, and DraftKings.

One of the top pieces of advice I can give you is this: while some welcome bonuses provide more value than others, it's always good practice to use all of the bonuses available to you. If you read the information in Oddspedia's best sportsbook promo and bonus codes article, you can set yourself up with multiple sportsbooks and over $3,000 worth of bonuses. I, myself, have used each and every bonus these sportsbooks have to offer, and it has been well worth the 10 minutes it takes to get started!

Pros and cons of BetMGM bonus code

Pros:

• Among the biggest welcome bonuses available
• Playthrough requirement is reasonable at 1x
• Bonus is credited to your account within 24 hours
• Rewards program for existing bettors is robust and can be linked with BetMGM resorts
• Odds boosts and other frequent promotions are generous

Cons:

• Your first wager must be a loss to receive the bonus
• The amount of your bet determines the credits you earn
• The window of time to use the bonus bets is only seven days
• There is no additional bonus for new users

BetMGM news

The progress of legalizing online sports betting in new states is a captivating development to monitor closely. Currently, the spotlight is on Kentucky, where significant strides are being made. Jonathan Rabinowitz, Chairman of the Kentucky Horse Racing Commission, recently shared the exciting news that legal sports betting in the state could commence as early as Sept. 7. This is a significant leap forward and an encouraging sign.

If you are a resident of Kentucky eagerly anticipating the arrival of online sports gambling and have an interest in BetMGM, I recommend diving into our comprehensive BetMGM review to gain a deeper understanding of the sportsbook's offerings, including the BetMGM Kentucky bonus code. For updates on the legal situation in Kentucky, our article on the best sportsbooks in Kentucky provides valuable insights. It is important to bear in mind that although BetMGM is a notable sportsbook, there is no guarantee it will be available in Kentucky once online sports betting becomes live.

In recent developments, BetMGM has made an exciting announcement regarding the expansion of its mobile sports betting app. In partnership with Casino del Mar at La Concha Resort, BetMGM has successfully launched its mobile sports betting app in Puerto Rico. This marks a significant milestone for BetMGM, as Puerto Rico becomes the third market outside of the United States and Canada where the app is available to users. This expansion allows sports betting enthusiasts in Puerto Rico to enjoy the features and offerings of the BetMGM mobile app.

Sports to bet on at BetMGM

All of the sports you want to wager on should be available once you've received your BetMGM bonus code offer. BetMGM has a respectable range of sports, with a focus on the core four North American sports (the NFL, NBA, MLB, and NHL). Of course, you can make your first bet on any othese markets to receive your BetMGM bonus. Also, there are options for more than 20 sports, including niche and exotic choices like Esports, Darts, Snooker, and more. Whatever you like to wager on, chances are BetMGM has you covered.

Bet types at BetMGM

All of the bet types that BetMGM offers are eligible for your first bet to claim the BetMGM bonus. Moneylines, point spreads, totals (over/under), multi-leg bets, and props are among the available wagers. Also, you can utilize your BetMGM bonus bets on any of these choices, giving you a lower-risk way to test out the sportsbook. The only type of bet you can't make in order to claim your BetMGM welcome bonus is a futures wager.

BetMGM app

For those who prefer to wager while they are on the go, BetMGM Sportsbook has a fantastic app. I discovered that it compares favorably to BetMGM's desktop and mobile browser experiences. Advantages include a simple sign-in process, excellent geolocation capabilities, and the ability to wager and use all sportsbook features from wherever you are. Live betting is also an incredible feature of the BetMGM sportsbook app, as the odds are updated just as fast if not faster than the best sportsbooks in the industry. Some of the cons of the app include longer wait times when transitioning between markets and occasional glitches that force you to restart the app and log back in.

Where is BetMGM legal?

BetMGM is legal and available in Arizona, Colorado, Washington DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. North Carolina, Kentucky, and Vermont are candidates for BetMGM expansion in the near future.

BetMGM deposits & withdrawals

The deposit and withdrawal methods are vast with BetMGM. Regardless of how you like to fund your account, BetMGM will likely have the option available. Debit and credit cards, online banking, and PayPal are some of the more well-liked deposit and withdrawal options that BetMGM provides. Every deposit has a minimum of $10 and they occur instantly in almost all cases. In general, withdrawals are handled within 24 hours although some methods can take longer. At BetMGM, all banking options are easily accessible from the app or website.

If you'd like to learn more about all of the different payment methods you can use and the amount of time it takes to deposit or receive your winnings, take a look at Oddspedia's BetMGM payment page.

BetMGM customer service

Customer assistance at BetMGM Sportsbook is accessible 24/7 through a number of channels. Also, I have discovered that support personnel are promptly accessible, polite, competent, and effective in handling any difficulties. The fastest way to obtain a response from BetMGM customer support is through live chat, which is available round-the-clock.

During business hours, you will talk to a real person with experience via the call center. Even if you call after business hours, you can use the automated system to ask for a callback, which you'll generally get within 24 to 48 hours. The comprehensive FAQ area at BetMGM also has answers to a lot of common queries.

Regarding my personal experience with BetMGM, I encountered a minor challenge when attempting to withdraw my funds. However, I was pleasantly surprised by the prompt response and efficient resolution provided by their live chat support team. Within a mere 20 minutes, my issue was fully resolved. It's worth noting that the response time may vary depending on the specific time of contact, but based on my experience, I can confidently say that BetMGM's customer service team is reliable and capable.

Summary of BetMGM offers and promotions

That wraps up our detailed exploration of the BetMGM bonus code and the various promotions it offers to both new and existing users. With this information, you are well-equipped to claim the exciting BetMGM welcome bonus. If you're interested in exploring more betting options, be sure to check out the reviews for other leading sportsbooks in the United States.

BetMGM bonus code FAQs