- BetMGM is offering new users the most lucrative signup bonus in the market for Week 3 of the 2024-25 NFL season
- Use the BetMGM bonus code “SBD1500” to claim up to $1,500 in bonus bets paid back
- Find out how you can lock in this BetMGM bonus below
The sports betting promo for new users that is worth the most amount of money is BetMGM’s bonus that is worth up to $1,500 in bonus bets paid back. No other sportsbook comes that close to matching BetMGM’s offer ahead of Sunday of Week 3 in the NFL. As long as you are not already signed up at BetMGM, reside in a legal online sports betting state, and are of legal age to bet on sports in your region, then you can claim this great promo using the BetMGM bonus code SBD1500.
If you just want to get started on claiming BetMGM’s bonus, you can click
here
to begin registering your new account with the sportsbook. But if you’d like to read more about the offer, you can find all the terms and conditions below.
BetMGM Bonus Code: $1,500 Paid Back in Bonus Bets
At its core, the BetMGM $1,500 bonus bets paid back offer, which can be claimed using the bonus code SBD1500, is a form of insurance on your first bet.
The sportsbook is allowing you to make a first wager up to $1,500, but (of course) does not have to be that much money, and they will give your risk back in bonus bets if the bet loses. So, it’s not full insurance, since you’re not getting the money back in cash that can be withdrawn right away. But getting that money back in bonus bets, which will have to be wagered one time to turn them back into cash, is a fantastic offer with value far beyond what you’re getting at any other sportsbook this weekend!
As mentioned, if $1,500 is more than you are comfortable risking on one bet, you can still get great value out of our BetMGM promo code. If you only wish to risk $100 on your first bet, BetMGM will still award you with $100 in bonus bets if that first wager loses.
There are two important things to know when it comes to receiving these bonus bets from BetMGM:
- If the amount wagered on your first bet is more than $50 and your bet loses, you will receive that amount (up to $1,500) back in five bonus bets. Each bonus bet will be worth 20% of the original stake. If you risk less than $50 on your first wager, you will receive one bonus bet back equaling the full amount if your bet loses.
- The bonus bets you get back if your bet loses will expire within 7 days of being credited to your account. So, be sure to use them before they expire!
Furthering the first point above, if you risk $1,000 on your first bet and it loses, you will receive five $200 bonus bets back from BetMGM. But if you risk $25 on your first bet and it loses, you will receive a single $25 bonus bet back.
On the second point above, thankfully, each bonus bet will list the expiry date on it when you view it in the BetMGM app. However, I would still recommend you set a reminder for yourself to use them before they expire. There are few things worse than giving money away.
How to Claim BetMGM Bonus Code SBD1500
Claiming this BetMGM bonus code can be accomplished in three simple steps:
- Click
here
to start registering a new sportsbook account with BetMGM and use bonus code SBD1500. (Be aware you will need to verify your name, date of birth, and address when signing up.) - Make a first deposit of at least $10. Any less than that will make you ineligible for this offer.
- Place your first bet up to $1,500 on any market
After you’ve take care of those three steps, all that’s left to do is cheer on your bet!
If you’re looking for some help in who/what to bet, our experts have published many of their picks for Week 3 in the NFL already. You can check out John Hyslop’s best Week 3 NFL player props, Zach Reger’s Week 3 NFL picks against the spread, or my Week 3 NFL moneyline picks.
More BetMGM Bonuses
The bonuses do not stop at the $1,500 paid back in bonus bets at BetMGM, though! Existing users are also treated well here!
The sportsbook is also offering a “second chance on first TD bets” bonus. If you like the NFL first TD scorer betting market, BetMGM is the sportsbook app where you’ll want to be. With this offer, you can bet any player to score the first TD of their respective game, and if they don’t score first but do score the second TD of the game, you will get your stake back!
On top of that, existing BetMGM customers are also treated to all sorts of same-game parlay profit boosts, parlay profit boosts, and even boosts on single bets. BetMGM is also known for their Lion’s Boost, which is a great profit boost typically around the day’s biggest event.
If that’s not already enough, BetMGM also allows you to earn BetMGM Rewards Points with each wager you place through their app. These points can then be put towards stays at their resorts or tickets to events at their venues.
The post BetMGM Bonus Code SBD1500: Claim Up to $1,500 in Bonus Bets for NFL Week 3 appeared first on Sports Betting Dime.
