Maximize Your Wins With BetMGM's New Sports Betting Promos Maximize Your Wins With BetMGM's New Sports Betting Promos

Sports enthusiasts and bettors are going to have a blast in the next couple of weeks as the US sporting landscape offers so many exciting events. With the much-anticipated 2023-24 NBA season just around the corner, fans are eager to see whether the Denver Nuggets can maintain their championship prowess. At the same time, the MLB World Series is just around the corner, with the Texas Rangers awaiting their opponents in the grand finals.

That’s not everything, though, as the Major League Soccer playoffs loom on the horizon, promising a spectacle of gripping matches. Furthermore, we are in the middle of the NFL season, while the new NHL campaign has just started.

BetMGM Sportsbook US emerges as a premier destination once again as the action unfolds, offering a range of enticing promotions and bonuses to elevate the thrill of these ongoing events. Discover what’s available for new and existing customers, including bonus bets, parlay boosts, insurance tokens, and first bet offers.

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Last verified: Dec 2024
Special Signup Offer
Get up to $1,500 in Bonus Bets!*
  • Welcome offer activates if your first bet loses
  • Great mobile betting experience
  • Variety of betting markets on offer

*Except NY & NV. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Additional terms apply.

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First Bet Offer up To $1,500 and NBA Bet Insurance

BetMGM $1500 No Sweat First Bet Insurance

Let’s start things with BetMGM’s current welcome package and how it can be applied for the upcoming NBA 2023/24 season. All new customers who follow our short step-by-step guide below can take advantage of this offer.

If you decide to back the Los Angeles Lakers on Tuesday night against the champions Denver Nuggets, for example, and your first bet loses, BetMGM will refund your stake in the form of bonus bets up to $1,500! Here is how to opt in:

  1. Follow this link to open a new account with BetMGM
  2. Complete the registration and verify the account
  3. Make the first deposit of a minimum of $10
  4. Head to the lobby, find your selection and place the bet
  5. Get a refund of up to $1,500 in bonus bets if your first bet loses
  6. If the first bet wins, players get to keep their winnings without any deductions

Now, let’s talk about the new limited-time promo for the first two nights of the new NBA season (Tuesday and Wednesday). BetMGM has just launched the NBA Bet Insurance promotion, allowing players to bet on their favorite teams and get the stake refunded in the form of bonus bets if the wager doesn’t land. This can be combined with the abovementioned $1,500 First Bet Offer, but you need to use cash funds to place the wager. How to become eligible:

  1. Log in to your BetMGM Sportsbook account or create a new one
  2. Head to the main lobby and find the “Promotions” tab at the top left corner
  3. Find the NBA Bet Insurance promotion, click “Opt-In,” and receive a token
  4. Make your selections (can be a single bet or parlay) on Tuesday or Wednesday NBA matches
  5. Apply the promotional token in the bet slip
  6. Get a refund in bonus bets if your bet loses

50% Live Odds Hometown Boost With BetMGM’s Team Partners

The promotions and lucrative bonuses don’t end with the offerings mentioned above. Sports bettors who enjoy wagering on the NBA and NFL can take advantage of enhanced odds for live betting on specific teams, depending on their state.

BetMGM partnered with the New York Nicks, Philadelphia 76ers, and Detroit Pistons, so all players coming from NY, NJ, PA, or MI will have a 50% Odds Boost for their live bets while these teams are playing!

They are serving the same promotion for in-game wagers placed within these states: Arizona Cardinals, Baltimore Ravens, Denver Broncos, Detroit Lions, New York Jets, and Tennessee Titans!

Other BetMGM Promotions Worth Mentioning

Bet Insurance for MLB World Series

BetMGM World Series Bet Insurance

The World Series is just around the corner for the MLB 2023 season as the Texas Rangers wait to face either the Arizona Diamondbacks or the Philadelphia Phillies. Players who opt-in through the Promotions tab will receive a Bet Insurance Token for the grand finals to apply to any bet during the World Series matches!

Same Game Parlay Insurance Token For NCAAF or NFL

BetMGM Same Game Parlay Insurance

Make your Same Game Parlay for any NCAAF or NFL match this week to receive the Insurance Token. BetMGM will refund your stake in bonus bets up to $25 if your parlay loses.