BetMGM Promo Code: A Complete Guide to 2025 Bonuses and Offers
BetMGM is a top-tier US sportsbook known for its premium betting experience and valuable promotions. Backed by the world-famous MGM Resorts brand, the platform offers a variety of bonuses to attract new players and reward loyal customers. You will usually need to use a promo code during sign-up to claim the main welcome offer.
The Main BetMGM Welcome Bonus
BetMGM’s primary offer for new customers is one of the largest in the industry. It is typically a “First Bet Insurance” promotion that gives you a safety net on your very first wager.
How the Offer Works:
This offer gives you up to $1,500 back in bonus bets if your first bet loses. To claim it, a new user must:
- Sign up for a new BetMGM account using a valid promo code.
- Make a first-time deposit of at least $10.
- Place your first real-money bet on any sport.
- If that bet loses, you will receive the amount of your stake back in bonus bets, up to the maximum of $1,500.
Key Terms to Know:
- Bonus Bet Payout: The way you receive the bonus depends on the size of your losing bet. If your wager was $50 or more, the bonus is paid as five separate bonus bets, each worth 20% of your initial stake. If your bet was under $50, you get a single bonus bet.
- Expiration Date: Bonus bets expire 7 days after they are issued, so you must use them within a week.
- Bonus Bet Rules: Bonus bets are site credits, not cash. If you win a wager placed with a bonus bet, you only keep the profit, not the value of the bonus bet itself.
In some states with online casinos (MI, NJ, PA, WV), BetMGM sometimes offers an alternative welcome bonus, such as a “Bet $10, Get $150 in Bonus Bets” deal.
Promotions for Existing BetMGM Users
BetMGM offers a steady stream of promotions for all players. You can find these offers in the “Promos” tab of the app or website.
Profit Boost Tokens
A profit boost increases the winnings on a qualifying bet by a certain percentage. For example, you might get a 33% profit boost token to use on a tennis parlay or a 50% boost for an NFL Same Game Parlay. These are a great way to get more value from your winning bets.
Parlay Insurance
This popular offer gives you a safety net for parlay bets. If you place a qualifying parlay (usually with 3+ legs) and it loses by only one leg, BetMGM will refund your stake up to a certain amount as a bonus bet.
Refer-A-Friend Program
You can earn a bonus by inviting your friends to join BetMGM. When your friend signs up using your unique referral link and makes a deposit, you both typically receive a $50 bonus.
The MGM Rewards Program: A Key Advantage
One of BetMGM’s best features is its connection to the MGM Rewards loyalty program. Every bet you place on the app earns you both BetMGM Rewards Points and MGM Rewards Tier Credits.
- Rewards Points can be redeemed directly in the app for online bonuses like bonus bets and profit boosts.
- Tier Credits advance your status in the MGM Rewards program. As you climb the tiers, you unlock real-world benefits like discounted rooms, special offers on food, and tickets to shows at MGM Resorts properties in Las Vegas and across the country.
This program is a huge perk for players who enjoy both online betting and real-world casino experiences.
Where Can You Get BetMGM Promotions?
BetMGM Sportsbook is one of the most widely available legal betting platforms in the US. As of 2025, its promotions are available to eligible users in the following states:
- Arizona
- Colorado
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maryland
- Massachusetts
- Michigan
- New Jersey
- New York
- North Carolina
- Ohio
- Pennsylvania
- Tennessee
- Virginia
- West Virginia
- Wyoming
BetMGM also operates in Washington, D.C. You must be 21 or older to bet in most states.
How to Use Bonus Bets on BetMGM
Bonus bets are a core part of BetMGM’s promotional strategy. Here’s how they work:
- Receive Them: Bonus bets are credited to your account after you meet a promotion’s requirements.
- Use Them: When you build a bet slip, you will have the option to apply your available bonus bets instead of using your cash balance.
- Understand the Winnings: If your bonus bet wager wins, you receive only the profit from the bet, not the original stake. For example, a winning $10 bonus bet at +200 odds would pay out $20 in cash.
How to Claim a BetMGM Promotion
Getting a BetMGM bonus is a simple process.
- Sign Up or Log In: Create a new account if you are a new user. Existing users can simply log in.
- Navigate to the Promos Tab: All available offers are clearly listed in the “Promotions” section.
- Opt-In to an Offer: Most promotions require you to click an “Opt-In” button before you can participate.
- Read the Terms and Place Your Bet: Always review the specific terms for any offer. Once you understand the rules, place your qualifying wager.
The Final Word on BetMGM Promotions
BetMGM offers one of the most valuable promotional packages in the US market. The high-value “First Bet Insurance” welcome offer gives new players a great way to start with less risk. The ongoing profit boosts and parlay insurance provide consistent value, while the MGM Rewards program offers a unique blend of online and real-world perks that no other sportsbook can match.
While you usually need a promo code for the welcome bonus, the process is straightforward. For bettors who appreciate a premium experience and valuable rewards, BetMGM is an excellent choice.
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