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BetMGM Sportsbook: Claim $1,000 Free Cash with Promo Code

BetMGM Promo Codes/Promotional Offers

The BetMGM sportsbook is one of the most appealing sportsbooks in the sports betting industry. BetMGM offers its revolutionary sportsbook in 22 states, including 15 states which support its online and mobile app, presenting customers with countless ways to get in on the action. What’s more, BetMGM delivers extremely desirable promotional offers for both current and new BetMGM customers. 

Trending: BetMGM Bonus Code For Current Customers?

It’s important to note that there are wagering requirements for each promotion. In addition, some of BetMGM’s promotions are state-specific, meaning it’s crucial to understand BetMGM’s Terms and Conditions before partaking in each promotional offer. All things considered, let’s delve into BetMGM’s current promotional offers, and introduce the BetMGM Rewards loyalty program to promote your betting experience through the BetMGM sportsbook.

 

BetMGM Promotional Offers

BetMGM customers have countless promotional offers through the BetMGM sportsbook to take advantage of. From the unprecedented $1,000 risk-free bet to acquiring insurance for missing one leg of a parlay to receiving discounts on MGM Resorts International properties, customers using the BetMGM sportsbook have endless ways to boost their profits. 

 

$1,000 Risk-Free Bet

BetMGM’s $1,000 risk-free promotional offer is one of the most enticing offers on the platform, though it is only valid for new customers. BetMGM’s $1,000 risk-free bet is available to new customers in each state that supports the BetMGM sportsbook, including Arizona, Colorado, Indiana, Iowa, Michigan, Mississippi, New Jersey, New York, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. 

The $1,000 risk-free bet essentially provides customers up to $1,000 in risk-free bets if your initial wager through the BetMGM sportsbook is unsuccessful. BetMGM gives customers up to $1,000 in free bets through denominations of 20%, so if you bet placed an initial $100 bet and the wager was unsuccessful, BetMGM will give you five $20 bets that must be used within seven days.

Trending: BetMGM Locations (Eligible States)

For more information about BetMGM’s compelling $1,000 risk-free bet, please refer to our previous article, “BetMGM Sportsbook: The Basics and Conditions for BetMGM’s Risk-Free Promotion,” for an in-depth look at BetMGM’s most irresistible promotional offer.

 

Money Monday Club

The Money Monday Club promotion rewards BetMGM customers with a $10 free bet when placing $50 in qualifying wagers during the promotional period. The Money Monday Club promotion is available each week, beginning on Monday at 12:01 am EST and running through Sunday at 11:59 pm EST. If you place $50 in qualifying wagers during the promotional period, you’ll be rewarded a $10 free bet when the Money Monday Club promotion ends, regardless of the outcome of your bets.

When BetMGM customers opt into the Money Monday Club promotion and fulfill the $50 qualifying wager requirement, customers receive their $10 free bet within 24 hours after the end of each promotional period. Free bets from the Money Monday Club promotion must be used on a single wager within seven days.

At this time, the Money Monday Club promotion is available to BetMGM customers located in Arizona, Colorado, Indiana, Iowa, Michigan, Mississippi, New Jersey, Pennsylvania, Tennessee, Virginia, Washington D.C., West Virginia, and Wyoming. Before opting into the Money Monday Club, please read BetMGM’s full Terms and Conditions

 

Refer A Friend

If you invite a friend through BetMGM’s Refer A Friend promotion, and they satisfy the basic wagering requirements, you’ll both receive a $50 bonus. BetMGM customers can invite up to 20, warranting up to $1,000 for each customer. Unless specified otherwise, the Refer A Friend promotion is available for BetMGM customers until December 31, 2022.

To receive the $50 bonus, the invited friend must be a new BetMGM customer and use the personal link you provided them to register for an account. After the invited friend signs up for BetMGM, accepts the BetMGM Refer A Friend promotion, makes a qualifying deposit, and wagers at least $50, you’ll both receive the $50 Refer A Friend bonus.

The Refer A Friend promotion requires new customers to place a qualifying wager with -200 odds or greater within 30 days to be eligible. New customers also need to have their qualifying wager settled before the 30 days to satisfy the Refer A Friend conditions.

The Refer A Friend promotion is available to BetMGM customers in Arizona, Colorado, Indiana, Iowa, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. To meet all necessary requirements for the Refer A Friend promotion, please refer to BetMGM’s full Terms and Conditions

 

Visit MGM Resorts in Las Vegas 

BetMGM customers who visit one of the 13 iconic MGM Resorts International properties on the Las Vegas Strip, featuring the Bellagio, ARIA, Vdara at ARIA, MGM Grand, The Signature at MGM Grand, Mandalay Bay, Delano Las Vegas, Park MGM, NoMad Las Vegas, The Mirage, New York-New York, Luxor, or Excalibur, can reap a 20% discount on hotel rooms through the Visit MGM Resorts in Las Vegas promotion. 

The Visit MGM Resorts in Las Vegas promotion is available to BetMGM customers in Arizona, Colorado, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. 

The only other two conditions for the Visit MGM Resorts in Las Vegas promotion are a two-night minimum stay is required, and customers must book their rooms by December 27, 2022, with the promotion valid through December 29, 2022. To verify the conditions of the Visit MGM Resorts in Las Vegas promotion, please visit BetMGM and read the full Terms and Conditions

 

One Game Parlay Insurance 

In a recent article, we discussed BetMGM’s innovative One Game Parlay, offering bettors an opportunity to craft a parlay from the same game. Now, BetMGM offers customers with One Game Parlay Insurance, should one of your parlay legs fail to win. If you hit three of four legs with NFL, NBA, and EPL One Game Parlay Insurance, bettors can earn up to $25 in stake.

To qualify for One Game Parlay Insurance, bettors are required to choose at least a four-leg parlay. If you miss one of the four legs, the One Game Parlay Insurance promotion covers bettors up to a fixed amount specified by BetMGM’s predetermined conditions. BetMGM currently offers One Game Parlay Insurance for wagers on the NFL, NBA, and EPL, though not every state is eligible for each sport. 

Now in the Divisional Round of the 2022 NFL Playoffs, NFL One Game Parlay Insurance is available for BetMGM customers until January 30, 2022, at 11:59 pm EST. NFL One Game Parlay Insurance is available in Arizona, Colorado, Indiana, Iowa, Michigan, Mississippi, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Available until late in the 2021-22 NBA season, NBA One Game Parlay Insurance is available for BetMGM customers until April 10, 2022, at 11:59 pm EST. NBA One Game Parlay Insurance is offered in Arizona, Colorado, Indiana, Iowa, Michigan, Mississippi, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

EPL One Game Parlay Insurance is offered until the EPL season is nearly completed and available for BetMGM customers until May 5, 2022, at 11:59 pm EST. EPL One Game Parlay Insurance is available in Colorado, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia.

As always, please refer to BetMGM’s Terms and Conditions to review each sport’s promotional period and what’s required to receive One Game Parlay Insurance in the NFL, NBA, and EPL.

 

Parlay Plus 

While One Game Parlay Insurance offers bettors’ protection for a missed four-leg parlay, BetMGM’s Parlay Plus promotion gives bettors up to 40% more profits on parlays won. After opting into the Parlay Plus promotion and wagering on a four to seven-leg parlay featuring any combination of sports or events, bettors can boost their earnings up to 40%.

Unlike One Game Parlay Insurance which expires in the near future, BetMGM’s Parlay Plus promotion doesn’t expire until December 31, 2022. BetMGM’s Parlay Plus promotional offer is valid in Arizona, Colorado, Indiana, Iowa, Michigan, Mississippi, Pennsylvania, New Jersey, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. Please refer to the Parlay Plus promotion’s Terms and Conditions for eligibility.

 

Hit the Ice and Score

BetMGM’s Hit the Ice and Score promotion delivers a $10 free bet to customers who place a $50 wager on an NHL game on Wednesdays or Thursdays. The promotional offer is valid until June 12, 2022, essentially until the end of the 2021-22 NHL season.

Bettors who place a $50 qualifying wager will earn a $10 free bet to be used for any subsequent sports wager, regardless of the bet’s outcome. BetMGM customers can anticipate their $10 free bet to be credited to their account within 24 hours after the game’s completion, which must be used within seven days.

The Hit the Ice and Score promotion is valid to BetMGM customers in Arizona, Colorado, Iowa, Indiana, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. Please review the promotion’s complete Terms and Conditions to ensure state eligibility and understand the Hit the Ice and Score promotion in full detail.

 

Tennis Boost Token

The 2022 Australian Open kicked off this week, albeit not without controversy. To honor the 110th rendition of the Australian Open, BetMGM is offering customers a Tennis Boost Token, increasing payouts by 20% if you place a wager on the first Grand Slam event of the year and your bet succeeds. The Tennis Boost Token is valid through January 30, 2022, which is the final day of the 2022 Australian Open.

BetMGM caps each Tennis Boost Token to $100, though, if you sign in to BetMGM each day of the tournament, customers can receive a daily Tennis Boost Token. BetMGM customers can only apply their Tennis Boost Tokens on single wagers at the Australian Open and must use them within three days. Also of note, Tennis Boost Tokens cannot be applied to traditional parlays or One Game Parlays.

The Tennis Boost Token is valid in Arizona, Colorado, Iowa, Indiana, Michigan, Mississippi, New Jersey, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. Before benefiting from the potential for 20% increased payouts at this year’s Australian Open, please direct your attention to the Tennis Boost Token promotion’s Terms and Conditions.

 

8-Bit Barry

One of the most unique promotional offers on BetMGM is the 8-Bit Barry game, offering customers the nostalgia of playing a ’90s video game as Hall of Fame running back Barry Sanders to receive a plethora of perks on BetMGM. 

If you can guide Barry Sanders into the endzone, you’ll receive either a $5 free bet, a risk-free token up to $10, or a 15% Parlay Boost Token. If awarded a free bet, or a risk-free token, BetMGM customers must use their rewards within seven days, while customers who receive a Parlay Boost Token must apply their token within three days.

The promotion launched on October 29, 2021, in Week 8 of the 2021 NFL season, and runs until January 30, 2022. The 8-Bit Barry game is available to BetMGM customers in Arizona, Colorado, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, Washington, D.C., West Virginia, and Wyoming. Like all BetMGM promotional offers, reading the Terms and Conditions for the 8-Bit Barry promotional offer is crucial. 

 

State Specific Promotions

While the aforementioned promotional offers on BetMGM applied to multiple states, BetMGM also offers state-specific promotions for particular teams and states who will soon provide the BetMGM sportsbook in their state.

 

BetMGM Louisiana

Although BetMGM Louisiana is not yet live, new customers who sign up for BetMGM in Louisiana will earn $200 in free bets. The Louisiana Go Live Date promotional offer is valid from 12/8/2021 until BetMGM Louisiana becomes available, which is looming. 

Customers who enroll during the pre-registration period will receive their $200 in free bets when online, and mobile sports betting becomes available in the state. BetMGM customers receive their $200 in free bets as four $50 free bets, which must be used within seven days after the Louisiana Go Live Date.

The majority of BetMGM’s promotional offers require qualifying wagers or minimum deposits. However, the Louisiana Go Live Date promotion doesn’t require a qualifying wager or deposit, as long as you register for a BetMGM account and verify your account before the Louisiana Go Live Date. The only catch is if you claim the Louisiana Go Live Date promotion, you cannot also receive the $1,000 risk-free bet or any other promotional offer for new customers. 

Residents in Louisiana are the only BetMGM customers that can benefit from the Louisiana Go Live Date promotion as this is a state-specific promotion. Like all BetMGM promotional offers, ensure to read the full Terms and Conditions for the Louisiana Go Live Date promotion. 

 

BetMGM New York

Recently launching in New York on January 17, 2022, BetMGM New York customers have access to two promotional offers not valid in any other state. 

 

BetMGM New York One Game Parlay

First up is the One Game Parlay promotion, in which BetMGM New York customers who wager at least $25 on the NFL, NBA, or NHL on a One Game Parlay receives a $10 free bet. The One Game Parlay promotional offer is valid for BetMGM New York customers until February 6, 2022.

To commemorate the launch of BetMGM New York, this One Game Parlay promotional offer can be claimed once each week for customers who make qualifying wagers. Regardless of the outcome of your $25 One Game Parlay, BetMGM New York customers will receive the $10 free bet within 24 hours. The $10 free bet is only redeemable through the BetMGM mobile app or website and must be used within seven days. 

 

BetMGM New York 20% Parlay Boost Token

If the One Game Parlay promotional offer wasn’t enough, BetMGM New York customers can also benefit from the 20% Parlay Boost Token. Like BetMGM New York’s One Game Parlay promotion, the 20% Parlay Boost Token is also valid until February 6, 2022.

To enable the promotion, BetMGM New York customers must submit at minimum a three-leg parlay, capped at $100. If the parlay is successful, customers collect a 20% increase in profits.

Please read the full Terms and Conditions before participating in both the One Game Parlay and Parlay Boost Token promotional offers for BetMGM New York customers.

 

BetMGM Tennessee

After earning the number one seed in the AFC, the Tennessee Titans will host the Cincinnati Bengals on Saturday, January 22, creating an opportunity for BetMGM customers in Tennessee. BetMGM Tennessee customers who make a $50 qualifying wager for the highly anticipated matchup between the Tennessee Titans and Cincinnati Bengals will earn a $5 free bet each time the Titans score a touchdown.

The best part of the Titans promotional offer is that regardless of the result of the matchup, BetMGM Tennessee customers will earn $5 for each touchdown the Titans score throughout the game. BetMGM Tennessee customers must use their free bets within seven days of being credited to their accounts. As an added perk, the Titans promotional offer will remain valid if the Tennessee Titans advance to the AFC Championship or the Super Bowl. 

For the Titans promotional offer and every BetMGM promotional offer mentioned previously, please read the full Terms and Conditions to ensure eligibility and familiarity. 

 

BetMGM Rewards Loyalty Program

One of the most significant perks of BetMGM is access to the M life Rewards Loyalty Program, providing all customers with MGM Resorts International’s award-winning loyalty program. On February 1, 2022, the M life Rewards Loyalty Program will transition its moniker to MGM Rewards while contributing added benefits to BetMGM customers.

MGM Rewards provides customers with benefits while integrating both gaming and non-gaming purchases to be used as currency at MGM Resorts. For those looking for non-gaming benefits, MGM Rewards delivers personalized offers, discounted or comped hotel suites, dining, entertainment, and other amenities at MGM Resorts.

Customers looking to take advantage on the gaming side can earn MGM Rewards, dubbed iRewards Points (iRPs), by making sports wagers, playing slots, or table games through BetMGM. Bettors can also take advantage of dedicated betting windows at retail BetMGM sportsbooks.

 

Tier Benefits at MGM Resorts

MGM Resorts offers members five tiers: Sapphire, Pearl, Gold, Platinum, and Noir. Each tier provides members with more MGM Rewards perks than the next. The calendar year determines MGM Rewards Tiers, so members have from January 1, 2022, until December 31, 2022, to rack up MGM Rewards.

Wagering through BetMGM will award iRPs based on a bettors’ exact odds, bet type, wager amount, and tier status. Bettors can increase their payouts when betting through BetMGM, depending on their Tier status. MGM Rewards and iRPs go hand-in-hand, with each wager adding to your MGM Rewards Tier status.

After bettors sign up for MGM Rewards, they are designated to the Sapphire Tier, which earns base iRPs. iRewards Points only go up from there, as the Pearl Tier earns a 10% bonus, Gold Tier earns a 20% bonus, Platinum Tier earns a 30% bonus, and Noir Tier earns a base iRPs plus a 40% bonus. As such, a higher tier status will yield bettors a more substantial earning rate. 

Bettors can use their iRPs for anything from bonuses on BetMGM to cash and Express Comps, which are hotel accommodations, dining, and entertainment benefits.

 

Sapphire

Sapphire Tier members are defined by customers with up to 19,999 tier credits. Sapphire members can redeem MGM Rewards for express comps, cash, and other bonuses when placing wagers online, through the BetMGM mobile app, or any retail BetMGM sportsbook. It’s important to note that MGM Rewards for Sapphire members expire after six months, as do iRPs.

Sapphire members can also earn MGM Rewards points by playing slots and table games, dining, and staying at MGM Resorts. Sapphire members can receive discounts to shows, discounted suites at MGM Resorts, receive personalized offers, and have exclusive access to mobile check-in through the MGM Resorts mobile app.

 

Pearl

Pearl Tier members earn all of the perks of Sapphire, with one of the biggest perks being that MGM Rewards don’t expire, and iRewards Points are valid for 365 days. While 25,000 used to be the requirement for Pearl Tier status, MGM Rewards has since lowered the requirement to 20,000 credits. 

Pearl Tier members have access to invitations for members-only events, tournaments, and other promotions, including complimentary tickets to MGM Rewards concerts. If that weren’t enough, BetMGM welcomes Pearl Tier members with an increased deposit limit while earning base iRPs, in addition to a 10% iRewards Points bonus on all sports wagers.

 

Gold

Gold Tier members have 75,000 MGM Rewards points, and like Pearl members, MGM Rewards don’t expire, and iRewards Points remain valid for 365 days.

Gold Tier members reap all of the benefits as Pearl members, in addition to priority hotel check-in, room upgrades, fine dining priority reservations, and VIP access to Las Vegas nightclubs. As for sports betting perks, Gold Tier members enjoy access to expedited withdrawals within 24 hours, access to BetMGM’s VIP support team, and a dedicated window at BetMGM sportsbook. On top of earning base iRPs, Gold Tier members earn 20% iRewards Points on their sports wagers.

 

Platinum

Platinum Tier members have 200,000 MGM Rewards points, which don’t expire, and their iRewards Points are valid for 365 days. 

Platinum Tier members have all of the access as Gold members, plus priority access to pool cabanas at MGM Resorts and an annual complimentary cruise on Royal Caribbean or Celebrity Cruises. Platinum Tier members earn invitations to sports and entertainment events, are eligible for complimentary rooms at MGM Resorts, and access a dedicated VIP host for BetMGM. In addition to base iRPs, Platinum members receive 30% iRewards Points on their sports bets.

Noir

There is no specific MGM Rewards points nomination for Noir Tier members, as Noir Tier members are subject to invitation only. Noir Tier is the ultimate MGM Rewards experience for BetMGM customers.

Like Platinum Tier members, those in the Noir Tier also earn an annual complimentary cruise on Royal Caribbean or Celebrity Cruises, in addition to a VIP check-in lounge, complimentary limousine service, and guaranteed advanced reservations on hotels, restaurants, and shows. 

Similar to Platinum Tier members, Noir Tier customers receive invitations to sports and entertainment events, are eligible for complimentary rooms, and access a dedicated VIP host for BetMGM. Noir Tier members also receive an increased Express Comps earning limit, and on top of base iRPs, Noir Tier members earn a 40% bonus on iRewards Points on sports wagers.

 

Endless Ways to Explore BetMGM’s Perks and Promotions

BetMGM’s promotional offers and MGM Rewards loyalty program are enticing, to say the least. While some promotions expire within the next week, others run the course for the rest of each league’s respective season, and some until the end of the year, as bettors have countless ways to grow their MGM Rewards points along the way.

Since BetMGM delivers promotional offers on a rolling basis, like the “Hit the Ice and Score” promotion, and continuously launches new promotional offers throughout the year, BetMGM bettors have more flexibility than any other sportsbook in the industry to benefit from promotions.

What is the bonus code for BetMGM?

The bonus code for BetMGM first time players is NYLAUNCH. Please enter this when you sign up for an accountant you will get up to $1,200 in bonuses.

How do you get free money on BetMGM?

To get free money on BetMGM sign up for the first time customer promotional bonus code to receive up to $1,200. You can also get $10 in free money from BetMGM by joining BetMGM's Money Monday Club.

How do I enter a promo code on BetMGM?

In order to enter a promo code on your BetMGM account simply navigate to the deposits page and click on the deposit option “PromoCode”. Then enter your BetMGM Promo Code and click on 'Submit'.

Does BetMGM give you money?

BetMGM will give you money on your first time deposit. BetMGM will also give you money by signing up for their BETMGM Money Monday Club (where available).

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