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When it comes to online wagers, BetMGM is one of America’s best sports betting sites, currently offering new players in 19 states a choice of two unique offers.
The first is a 20 percent deposit match with a $1.6K cap, unlocked with the BetMGM bonus code TRIB1600. The second is a $1.5K bet insurance offer which you can unlock by signing up with the BetMGM bonus code TRIBUNENEWS.
If you claim the deposit match, you’d need to put down $8,000 in cash to reach the maximum value. Additionally, this offer has a 10x wager requirement over the first 30 days. If you deposit $320 in cash, you’ll get $64 as sports bonuses. From that point you’ll have 30 days to wager $640 in cash or you’ll lose your eligibility.
In practice, sports bonuses function as any other credits.
With the aforementioned bet insurance offer, you’ll get the value of your first cash wager of the day back as bonus bets, only if you lose.
Sign up with one of the relevant modules below or the hyperlinks above.
20% deposit match w/$1.6K cap
$1.5K First Bet Insurance
Promotional terms and conditions
- New customers only
- 21+ only in all states
- Residency not required
- $10 cash deposit for either offer
- Deposit match has 10x play-through requirement
Bonus bets or sports bonuses earned from either promotion will be distributed within 72 hours of bet settlement and are valid for seven days from the point of distribution.
Signing up with BetMGM
- Use either of the modules or one of the hyperlinks above to access BetMGM
- Establish your account with personal details (home address, birthdate etc.)
- Input either TRIB1600 for the deposit match or TRIBUNENEWS for the bet insurance offer
- Deposit at least $10 in cash to activate your account, regardless of promotion
- Place your first cash wager
As mentioned above, you can still sign up with BetMGM even if you’re just visiting a legal sports betting state. Say you live in Texas but are visiting Chicago for the weekend, you can sign up with BetMGM and claim one of these two offers.
Wagering with BetMGM
Each of these offers has an ideal use. With the bet insurance offer, you’ll only earn bonus bets if your wager doesn’t win thus you can take a chance on an underdog market and either collect a hefty profit with a win or get the value of your bonus bets back with a loss.
On the other hand, the deposit match has a wager requirement extended over the first 30 days so you can chip away slowly at the wager requirement with small, daily cash wagers.
If you claim the bet insurance offer and put down a $125 cash bet on the Jaylen Brown as the First FG Scorer at +550, you’d either:
- Collect $687.50 in pure profit with a win
OR - Get $125 in bonus bets credited back to your account with a loss.
Bonus bets from that offer are distributed in five increments based on your wager and can be broken down into smaller wagers.
If you signed up with the deposit match and put down $200 in cash, you’d have $40 in sports bonuses. From that point, you’d need to bet $400 in cash over the resulting 30 days. You could place that all at once or put down daily wagers over the duration to meet the requirement.
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.