BetMGM - Bet $10 Win $200 Bonus Bets Promo

Last updated April 22, 2024

The BetMGM Sportsbook welcomes new customers with a compelling promotion: bet just $10 and receive $200 in bonus bets, regardless of the outcome of your wager. This welcome offer is timely for enthusiasts looking to engage with major sports leagues like the NFL, NBA, and NHL. It provides an excellent opportunity for new bettors to get started with a substantial bonus, boosting their initial betting experience with BetMGM. This promotion, designed to welcome you to the BetMGM family, gives you a generous boost. Dive into the action with BetMGM today and start with more in your betting arsenal!

Note: The Bet $10 Get $200 promotion at BetMGM has been temporarily paused; for now, instead, you can enjoy BetMGM's First Bet paid-back bonus.

BetMGM Bet $10 Get $100 Promotion Details

BetMGM 200 Promo Bet and Get

BetMGM's 'Bet $10, Get $200' promotion is straightforward and lucrative for new bettors. Simply create a new account on BetMGM and deposit a minimum of $10. After your deposit, place a $10 wager on any sports market of your choice. Once your initial bet is placed, BetMGM instantly credits your account with $200 in bonus bets, regardless of the outcome of your bet.  These bonus bets are distributed as four separate $50 bets, enhancing your opportunities to engage with a variety of betting options on the platform.

Your bonus bets are valid for 7 days. You can use them for Straight bets, Parlay bets, or Same Game Parlay bets.

🎁 BetMGM Promo Offer:Bet $10 Get $200 Instantly In Bonus Bets
🎯 BetMGM Promo Code:SQOREBET
🇺🇸 Eligible states:AZ, CO, IN, IA, IL, KS, KY, LA, MD, MI, NC, NJ, OH, PA, TN, VA, DC, WV, WY
💵 Min Deposit:$10
⭐ Bonus Rating5 out of 5 Stars
✅ Valid:Ongoing

Gambling problem? Call 1-800-GAMBLER
CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY
Call 877-8-HOPENY or text HOPENY (467369) (NY)
Call 1-800-327-5050 (MA)
21+ (18+ KY) 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). 

Terms and Conditions for BetMGM 'Bet $10, Get $200' Bonus

To take advantage of the BetMGM "bet 10 get 200" offer, new customers must enter the promotional code SQOREBET during the registration process. Eligibility requires being at least 21 years of age. This promo code ensures that upon placing a first bet of $10, you'll receive $200 in bonus bets, paid four $50 bonus bet tokens. Ensure to use your bonus bets within seven days after they are credited to your account.our allowing you to explore a wide range of betting options on the BetMGM platform.

Why choose the BetMGM Bonus?

✅ Top Notch Welcome Offer - Guaranteed bonus! $200 in bonus bets credited win or lose!

✅ Free Contests - Play for a chance of $1 Million in bonus bets and a Vegas prize package for the big game during the NFL playoffs.

✅ Odds Boosts - Boost your odds up to 50% on same game parlays.

Is there a bonus code for BetMGM?

The BetMGM 200 bonus code is SQOREBET. New customers can use this code to unlock $200 in bonus bets upon settling their first wager. The bonus is allocated as four $50 bets, which must be used within seven days. These bonus bets allow you to place wagers without risking your own money

What is the BetMGM $150 Bonus?

Unlock the BetMGM $150 Bonus effortlessly: Register a new account at BetMGM and enter the promotional code SQOREBET during the sign-up process. Place an initial bet of $5 or more on any sporting event to activate the offer. Whether your first bet wins or loses, BetMGM credits your account with a $150 bonus in the form of bonus bets.

Is the BetMGM promo legit?

Yes, the BetMGM promotional offer is indeed legitimate and offers substantial value to its users. BetMGM is a fully licensed and regulated sportsbook, legal in numerous states across the US, ensuring a secure and trustworthy betting environment. The promos provided by BetMGM, including welcome bonuses and other offers, are designed to enhance the betting experience for both new and existing customers. With a variety of banking options for deposits and withdrawals, alongside a user-friendly app that meets all betting needs, BetMGM's promotions are not only generous but also backed by a platform committed to legal and responsible gambling. This makes the BetMGM promo a legitimate opportunity for bettors looking to maximize their sports betting ventures.

Is the Bet $10 Get $200 BetMGM free bets?

Yes, the BetMGM 'Bet $10, Get $200 in bonus bets' offer is available at different times throughout the year. This promotion requires new users to deposit and wager at least $10 on any sports event. Regardless of the outcome of the initial bet, BetMGM credits the account with $200 in bonus bets. This bonus allows new bettors to expand their betting activities without additional risk, providing a substantial boost to their starting bankroll. It's important to note that while the bonus bets significantly increase your betting potential, they do require an initial real money deposit and wager, distinguishing them from being purely 'free' bets. 

What are free bets?

Free bets are promotional offers provided by online betting sites that allow you to place a wager without using your own money. When you place a bet using a free bet token, if your bet wins, you will receive the net winnings of the wager—the profit—without the original free bet stake. For example, if you use a $10 free bet on a winning bet with 2:1 odds, you would receive $20 in winnings, not the $30 you would if the stake were returned. This type of bet offers a risk-free opportunity to bettors, enabling them to potentially earn winnings without the risk of losing personal funds. Free bets are often given as welcome bonuses to new users or as rewards to existing bettors.

Get My $200 BONUS at BetMGM
Bonus Code: SQOREBET
Gambling Problem? Call or TEXT 1-800-Gambler 21+

How Does The BetMGM Promo Compare To Other Sportsbook Promotions

BetMGM, DraftKings, Bet365 and FanDuel sportsbook are routinely ranked among the best in the industry and all four offer attractive Bet & Get new user welcome bonuses. While all four offer similar value BetMGM stands out given its extra $8 in bonus bets compared to the others. 

SportsbookBetMGMDraftKingsFanDuelBet365
Bonus Amount$200 In Bonus Bets$200 In Bonus Bets$150 In Bonus Bets$150 In Bonus Bets
Wager Requirement$10$5$5$5
Rollover1X1X1X1X

Does BetMGM Have A Casino Bonus?

BetMGM Casino Top Banner

BetMGM offers an enticing welcome bonus to new users in select states, including West Virginia, Michigan, New Jersey, and Pennsylvania. The BetMGM Casino no deposit bonus can be claimed with the code 'SPIXSPIN'. This code entitles new players to a $25 bonus credit without requiring a deposit, simplifying the process of getting started on the platform. Upon entering this code during the registration process, the $25 bonus is automatically credited to the player's account. The welcome bonus consists of a 100% deposit match, allowing you to double your initial deposit up to $1,000. This generous welcome package provides a great start to your BetMGM gaming experience.

What is the bonus code for BetMGM first deposit?

The BetMGM first deposit bonus code is 'SPIXSPIN', offering new users a 100% match of their initial deposit up to $1,000 in bonus bets. To take advantage of this offer, enter the code during the registration process and then make your first deposit. This bonus code effectively doubles the betting power of new users, providing a substantial boost to start their betting journey on BetMGM. 

🎁 Promotion 100% Deposit match + no deposit bonus
🎯 Bonus codeSPIXSPIN
💵 Bonus amount$1,000 + $25
🇺🇸 States AvailableMichigan, New Jersey, Pennsylvania, West Virginia
💰 Minimum deposit$10

Gambling problem? Call 1-800-GAMBLER (NJ, PA, WV), or 1-800-270-7117 for confidential help (MI). 

How do you get free money on BetMGM casino?

Earning free money on BetMGM Casino is achievable through their Refer-a-Friend program. This program allows existing users to invite friends, with the potential to earn up to $1,000 in site credits. To participate, obtain your unique referral link from BetMGM and share it with your friends. When a friend signs up using your link and their account is verified, both you and your friend receive promotional funds as a reward. Each user can invite up to 20 friends, making it a lucrative opportunity to gain extra credits while introducing others to BetMGM Casino's gaming experience.

BetMGM Bet $10 Get $200 Promotion

Bet $10 on any NFL team and Win $200

The BetMGM Bet $10 Win $200 is the right pick for everyone betting on NFL matchups. Regardless of the game's outcome, $200 worth of bonus bets. 

The good news is that to claim this bonus; you only need to create a new account using promo code SQOREBET and, make a minimum deposit of $10, then place your bet on any game.

Bet $10 on any team in NHL and Win $200

The BetMGM Bet $10 Win $200 in the NHL is a no-brainer. Every NHL game is guaranteed a goal with its overtime rules, so regardless of the game's outcome, $200 worth of bonus bets will be credited to your account when the game ends. In addition, collect your bet if that wins as well!

Simply create a new account at BetMGM using promo code SQOREBET and make a minimum deposit of $10, then place your bet on any game.

Bet $10 on any NBA team and Win $200

Have you ever seen a NBA game without a 3-pointer made? The answer is No that makes the BetMGM Bet $10 Win $200 promo a easy winner for everyone betting on the NBA. Regardless of your bets outcome, $200 worth of bonus bets will be credited to your account when any player hits a 3-pointer. 

Too claim this BetMGM bonus; you only need to create a new account using promo code SQOREBET and make a minimum deposit of $10, then place your bet on any NBA game.

 

About BetMGM

BetMGM, backed by the renowned MGM hotel and casino brand, offers online sports betting to residents in all states where online sports betting is regulated. Launched in September 2019, BetMGM has become a top choice in the U.S. legal online sports betting scene, providing daily lion boosts, parlay insurance, bonus bets, MGM rewards, and free tickets. 

In states where online casino gambling is legal, it also offers live dealers, slots, and table games for phone and desktop users. As part of MGM, BetMGM operates under the umbrella of MGM's numerous U.S. casinos, including well-known properties like Bellagio, Mandalay Bay, MGM Grand, and Aria.

What Other Kind Of Promotions Can I Expect At BetMGM

A welcome bonus is nice, but what happens once you're signed up at BetMGM? A lot! First off, all users are automatically entered into its MGM rewards program. This provides bettors points on each bet and wager made. These points can be exchanged for free bets, hotel stays, dining, and entertainment. 

betmgm
  1. NBA SGP Insurance - Place a Single Game Parlay on tonights NBA action and if it doesnt hit get it refunded.
  2. Australian Open Boost - Get 33% more on your parlay on the Tennis action today at MGM.
  3. NBA & College Basketball Odds Boost: Get a 33% odds boost token for use on both NBA & College Basketball game of your choice!
  4. Multi-Sport Mission: Receive a $5 Bet for each betting mission you complete! Get an additional $25 Bonus Bet if you tackle all five missions successfully!
  5. NFL One-Game Parlay Insurance: Every Monday, Thursday, and Sunday, get your OGP stake back if your NFL bet loses!
  6. NFL First Touchdown Scored Insurance: Every Monday and Thursday, get your bet back if your bet on the first TD scorer loses.
  7. NHL Casino Games: Get $10 in FreePlay on BetMGM's Hockey-themed Casino games when you bet $100 or more on the NHL betting market
  8. Parlay Plus: Get up to 40% more on your winning parlays when you opt-in and place a 4-7 leg bet on any game or sport.

What Sports Can I Bet At BetMGM?

BetMGM covers virtually every sport under the sun, providing a wide array of options for sports enthusiasts. Their odds, powered by Entain's software, are competitive and occasionally offer early market advantages.

NFL Betting

BetMGM places a significant emphasis on NFL betting, and it's no wonder, considering their official partnership with the NFL. With over 130 different NFL bets available for a single game, BetMGM caters to all types of bettors. They offer standard spread, totals (over/under), and moneyline markets for both full games and the first half. BetMGM also provides an extensive selection of alternative spreads and totals, making them a top choice for NFL enthusiasts.

NBA Betting

As an official sports betting partner of the NBA, BetMGM is a prime destination for NBA betting. In addition to standard betting options, BetMGM offers a vast selection of player and team props throughout the NBA season. NBA Futures markets are available year-round, covering divisional winners, exact division outcomes, and awards like Regular Season MVP and Rookie of the Year.

College Football

For college football fans, BetMGM offers a comprehensive range of betting markets. You can find moneyline, spread, and total plays for most Division I games on any given Saturday during the season. Additionally, quarter-by-quarter and halftime plays are available, along with team and player props, depending on your region's regulations.

College Basketball

BetMGM boasts one of the most extensive college basketball betting markets in the industry. With year-round Futures bets and extensive coverage of marquee and smaller games during the regular season, BetMGM is the go-to choice for college basketball enthusiasts.

NHL Betting

Hockey fans can also find their niche at BetMGM, with a healthy number of hockey betting markets available daily during the season and the Stanley Cup playoffs. Options include moneyline, puckline, and total plays, as well as team and player props, along with period-specific betting markets. Regionalized promos and odds boosts further enhance the NHL betting experience.

MLB Betting

As an official partner of Major League Baseball, BetMGM offers a top-notch selection of baseball betting options. You can wager on standard spreads, totals, and moneyline bets for full games or just the first five innings. BetMGM also provides "One Game Parlay" options and a robust prop selection, including first team to score, odd or even final score, and more.

Other Sports Leagues

BetMGM's sports coverage extends beyond major leagues. They sponsor the PGA Tour, making them a prime destination for golf enthusiasts. UFC betting is another area where BetMGM shines, with over 15 different bet types for popular fights, including specific fighter outcomes. BetMGM's A-Z list includes a wide variety of sports, ensuring there's something for every sports bettor.

Where Is BetMGM Sportsbook Available

The BetMGM Online Sports Betting app is available in a wide range of U.S. states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Washington D.C., West Virginia, and Wyoming. This extensive availability allows sports enthusiasts in these states to access and enjoy the BetMGM Sportsbook experience.

Where is BetMGM Casino available

As of the latest update, BetMGM Casino is legally accessible to players aged 21+ in four US states: New Jersey, West Virginia, Michigan, and Pennsylvania. Additionally, for players in Canada, BetMGM Casino is available in Ontario, where the minimum age requirement is 19+. This select availability ensures a diverse range of players can enjoy the BetMGM Casino experience in these regions.

BetMGM Launch Updates

While residents of Florida can bet on horses online using the BetMGM Racebook, locally-regulated online sports betting is not permitted in the state. 

BetMGM retail sports betting in South Dakota is available at Tin Lizzie Gaming Resort in Deadwood. In Washington State, BetMGM partnered with the Puyallup Tribe to offer the largest sportsbook in the Pacific Northwest, the EQC Sportsbook at Emerald Queen Casino. However, users can not take advantage of this bonus offer there.

BetMGM also debuted in the Canadian province of Ontario in 2022 when locally-regulated mobile sports betting was introduced. 

BetMGM was one of the first sportsbooks to launch legal Kentucky sports betting in September 2023.

As an industry leader, BetMGM is consistently among the first sportsbooks to enter regions accepting legal online sports betting. Their connection to 20+ international resorts makes them one of the most accessible gambling destinations worldwide.

BetMGM Overview

BetMGM offers a user-friendly online betting experience across desktop, mobile, and app platforms. While some users have reported slightly slower performance compared to rivals like DraftKings and FanDuel, this can vary depending on individual internet speeds. Overall, the website and app provide a seamless betting experience.

Website Experience

BetMGM's website layout is functional, although not as streamlined as some competitors. The presence of sports menus in both top and left navigation menus might feel redundant, but it ensures easy access to the desired sections. The inclusion of a search feature is a plus, though it could be more reliable.

Mobile Betting and Betting App

BetMGM offers a single sports betting app for all users, while their online platform provides separate state-specific platforms. The mobile app receives high praise, with a 4.8 out of 5 rating on the Apple App Store and a 4.3 out of 5 rating on Google Play/Android. Users particularly appreciate the mobile alerts for games they have wagers on.

For users in states where online casinos are allowed, BetMGM offers a separate app for online casino gaming. Additionally, state-specific poker apps are available for New Jersey, Michigan, and Pennsylvania, with BetMGM powering the poker and casino platforms for Borgata and partypoker.

Banking At BetMGM

One of the great things when signing up at BetMGM and taking advantage of this new user promo are all the options to choose from to make a deposit. Even better are the lightning-fast withdrawals! A $10 or more deposit gets you going.

Payment Methods:

  • Visa
  • Mastercard
  • Discover
  • America Express
  • Paypal
  • Online Banking
  • Apple Pay
  • VIP Preferred
  • PayNearMe
  • Play+
  • TAPPP
  • Bank Wire
  • Game ON
  • At Casino Cage

Withdrawal Methods:

  • Bank Wire
  • ECheck
  • Cash At Cage
  • Paypal
  • ACH

What is the difference between free bet and bonus bet on BetMGM?

At BetMGM, both Free Bets and Bonus Bets are tailored to enrich the betting experience, yet many wonder about their differences. In essence, they operate similarly, allowing users to place wagers without using their own funds. The distinction primarily lies in the terminology. While the functions are parallel, BetMGM sometimes updates its platform terminology to streamline and enhance user interactions.

Understanding Bonus Bets: Beyond the Basics

Bonus bets are essentially credits that online sportsbooks grant their users to stimulate activity on their platforms. They provide a mechanism for customers to place bets without directly using their funds.

Essence of Bonus Bets

At their core, bonus bets are incentives. They're the sportsbook's way of rewarding customers for taking specific actions, such as registering an account, depositing money, or placing particular bets. It's crucial to note that they're not truly "free" as there are usually stipulations involved.

Best Ways To Use Bonus Bets

In the world of sports betting, bonus bets have grown to become a crucial part of a bettor's arsenal. While they are often seen as promotional gimmicks, when leveraged correctly, these bonus bets can play a significant role in amplifying your winnings. But how does one make the most out of them? Let's delve into the intricacies of bonus bets and explore strategies to optimize their potential.

Unlike regular wagers, bonus bets are typically offered by sportsbooks as incentives. These can be in the form of sign-up bonuses, deposit incentives, or even promotions tied to specific events or betting types. At their core, they represent a great chance to magnify your earnings.

However, it's essential to grasp a core concept: when your bonus bet pays off, only the profit is returned, not the initial stake. This fundamental difference dictates the strategies you should employ to extract maximum value from your bonus bets.

1. Bet Underdogs With Long Odds

Given that the initial stake from a bonus bet isn't returned, it's mathematically sound to chase underdogs with longer odds. By doing so, the impact of the non-return stake diminishes, maximizing your potential payout.

For instance, consider placing a $10 bonus bet on an underdog with odds of +200. If successful, the payout would be $20, marking a mere 20% reduction due to the non-return stake. Such longer odds provide an opportunity to amplify returns without any risk to your bankroll.

2. Bet Parlays

Considering our inclination towards longer odds with bonus bets, parlays emerge as a compelling strategy. Parlays involve stringing multiple bets together, offering cumulative odds that can skyrocket with each added wager.

It's essential to craft your parlays with a mix of sure-shot and long-shot bets. Avoid solely relying on point spreads or total bets, as the odds can be skewed against you. Instead, diversify across sports and events, injecting excitement into your betting adventure.

3. Balancing Both Sides of the Market

A conservative yet effective approach is to use bonus bets to counteract a previous wager. By placing the bonus on the opposite outcome of an existing bet, you guarantee returns, irrespective of the result.

While this method ensures some profit, it may not maximize the potential of your bonus bet. It's most effective when you have reservations about an initial wager, and wish to hedge against potential losses.

4. Hedging

Hedging, the art of placing bets on different outcomes to guarantee a profit, can be further optimized using bonus bets. This strategy is particularly fruitful when an existing wager, like a parlay or a futures bet, is poised for success.

With bonus bets in hand, you can effectively lock in profits without increasing your financial exposure. However, be aware that some sportsbooks might restrict bonus bets from live in-play betting.

FAQ

Is BetMGM Sportsbook Legit?

Yes, BetMGM Sportsbook stands as a credible and trusted betting platform. Beyond its enticing bonuses and myriad of banking solutions, the BetMGM sportsbook app ensures a seamless user experience. What solidifies its legitimacy is its licensing and legal standing across numerous US states, making it a reliable choice for sports enthusiasts. In addition, users are not required to live in the states to use the BetMGM app however you must be within a states borders and be at or above that states legal age limit for wager on sports.

Do I Have to Be a Resident of a Legal State to Wager on BetMGM?

In all states where BetMGM is licensed you can register via your mobile device or computer. You do not need to be a resident of the state, but you must have two feet firmly planted within the state's borders when placing a bet.

You can register, deposit, withdraw and check out lines from anywhere, but must be physically present in the state in order to place the actual bet.

So, if you are an Oklahoma resident, you can register a new account, make your first deposit and drive over the Kansas border to place your bet. Once the bet is settled, you can withdraw your winnings from home as well.

Does BetMGM have a live betting feature?

Yes, BetMGM provides live betting both online and in the app. Also, there is an offer of a cash-out option on live wagers.

Can you make a $10 bet on BetMGM?

Yes, the minimum wager is 50 cents, while the maximum payout is $1 million on same game parlays

Do you win bonus bet money at BetMGM?

Yes, the $200 in the Bet $10 Win $200 is paid out in bonus bets. In addition, ongoing user promotions like SGP parlay insurance are paid out in bonus bets as well. 

Can you win real money on the BetMGM app?

Yes, the BetMGM app is not just for entertainment but also a platform where you can win genuine cash. BetMGM facilitates real money sports betting, being operational and fully regulated in over 27 US states. With each state, the app operates under specific local gaming licenses, ensuring both legality and trustworthiness for its users.

Gus
Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.