BEST BETMGM BONUS BETS TODAY: JANUARY 2025

1. Which Types of Bonus Bets Does BetMGM Offer?

BetMGM offers several types of bonus bets that can be used in various ways. Here are five common types:

1. Bet X Get X: A popular offer where a bonus bet is earned by placing a qualifying wager. For example, you might see a promotion like “Bet £5, Get £150 in Bonus Bets.”
   
   
2. Deposit Bonus / Deposit Match: With this type, you must make a deposit to receive a bonus. An example is “Get a 100% Bonus on Your Deposit Up to £100 (Bonus Paid in Bonus Bets).”
   
   
3. No Deposit Bonus: This less common promotion provides bonus bets without needing an initial deposit. For instance, “Receive £10 in Bonus Bets Upon Sign-Up.”
   
   
4. No-sweat bet: This offer allows you to place a bet with your own money, and if it loses, you get reimbursed in bonus bets. An example is “First Bet Risk-Free Up to £500.”
   
   
5. Site Credit: Similar to bonus bet offers, but if your bet wins, you retain the stake. For example, “Complete a Task to Receive £20 in Site Credit.”
   
   

These promotions vary by season and event, providing multiple opportunities for users to earn and use bonus bets.

2. Does BetMGM Offer Bonus Bets for New Users?

Yes, BetMGM Sportsbook offers bonus bets for new users, typically referred to as welcome bonuses or signup bonuses. These promotions are usually the most generous offers available, designed to attract new customers. You can find the latest and best BetMGM Sportsbook promos for new users at the top of this page.

3. Does BetMGM Offer Bonus Bets for Existing Users?

Yes, BetMGM also offers bonus bets for existing users, though these are generally less generous than the welcome bonuses. These are often called reload or ongoing offers and can include promotions like profit boosts, enhanced odds, and bonus bets.

If you’ve already used all of your welcome bonuses, check out how you can maximize the profits you make from reload offers here.

4. How Can I Claim BetMGM Bonus Bets?

5. What Was BetMGM's Most Generous Bonus Bet Ever?

BetMGM has offered several generous bonus bets over the years, with one of its most impressive being the $1,500 No-sweat bet for new customers. This promotion refunded a player's first bet if it lost, providing up to $1,500 in bonus bets, allowing customers to continue betting without losing their initial investment.

This offer has been highly popular as it gives users a substantial cushion to explore the platform without risking their own money, making it one of BetMGM's most attractive promotions.

6. What Sports & Leagues Can I Claim BetMGM Bonus Bets on? 

BetMGM offers bonus bets and promotions across a wide range of sports and leagues. These promotions vary, with many tailored to specific events or leagues. Here are some of the most popular sports and leagues BetMGM covers, along with examples of sport- or league-specific promotions:

• NFL: bonus bets on Same Game Parlays and First Touchdown bets.
  
  
• NBA: Promotions like Parlay Insurance and Bet & Get bonuses.
  
  
• MLB: Home Run Specials and World Series bonus bets.
  
  
• NHL: bonus bet tokens during playoffs, especially the Stanley Cup.
  
  
• UFC: No-sweat bets for major fight nights.
  
  
• Soccer: bonus bets on Goal Scorer and Acca Insurance.
  
  
• Golf: bonus bets for Majors like The Masters.
  
  
• Tennis: bonus bets during Grand Slams like Wimbledon.

These examples show that BetMGM tailors its bonus bet promotions to major sports and events, giving bettors a range of options across popular sports and leagues. Always check BetMGM’s promotions section for the latest offers.

7. Do You Need a Promo Code to Claim BetMGM Bonus Bets?

While some BetMGM promos require a code to be claimed, most of their promos in fact do not. And can be unlocked by anyone by following a few simple steps. 

For sign-up bonuses/welcome bonuses, this will usually require signing up to the sportsbook using the correct link, depositing and making your first bet. Whereas for ongoing offers you may need to opt-in to certain promos and seek out special reload bonuses sent to you via email.

However, these steps can differ depending on the promo type you’re using, so always make sure to read the T&Cs attached to the offer. Or better yet, learn the simple steps you can follow to convert your offer into guaranteed cash (see section 10).

8. What T&Cs Does BetMGM Have For Bonus Bets?

BetMGM’s bonus bets come with several terms and conditions that vary based on the specific offer. Generally, you can expect to find the following key conditions:

1. Eligibility: You often need to be a new customer or meet specific criteria to qualify for a bonus bet.

2. Minimum Deposit: To receive the bonus, you might need to make a minimum deposit.

3. Wagering Requirements: Bonus bets usually have wagering requirements, meaning you may need to wager a certain amount before you can withdraw any winnings from the bonus.

4. Odds Requirements: Bonus bets might only be applicable to wagers with minimum odds. For example, you might need to place your bets at odds of 1.50 (or equivalent) or higher.

5. Expiry: There’s often an expiration period within which you must use the bonus bet, such as 7 days from when it’s credited.

6. Maximum Bonus Amount: There’s usually a cap on the amount of bonus money you can receive.

7. Specific Sports or Markets: Some bonuses are restricted to certain sports or betting markets.

8. Account Verification: You might need to complete account verification before you can claim or use the bonus bet.

9. Non-Refundable: If you use the bonus bet and lose, the stake is typically not returned, only the winnings are.

For the most accurate and detailed information, you should review the specific terms and conditions associated with the bonus bet on the BetMGM website or contact their customer support.

9. Are There Any Risks With BetMGM Bonus Bets?

While claiming bonus bets can be a great way to maximize your betting profits, it's crucial to be aware of their potential risks.

Four of the most notable risks attached to bonus bets/bonus bets are:

1. No Guaranteed Winnings: Whether it's a $150 bonus bet, a $1,000 risk bonus bet or a 50% deposit bonus, if you place your bonus bet on a losing bet you will still come away with no more cash than when you started.
   
   
2. Risk of Losing Money: One of the most common ways bettors lose money through promos is through risk bonus bets. Let's say you're gifted a $500 risk bonus bet and you place your $500 on the losing side of a game, you won't be refunded with $500 of withdrawable cash, but instead $500 of site credit (often in the form of a bonus bet). Place this bonus bet on the losing side and you've just lost $500 to the sportsbook.
   
   
3. Limited Number of Sign-Up Bonuses: While sign-up bonuses can be generous, you can only ever receive one sign-up bonus from each sportsbook (when you first create an account). This means that there's only a set number of sign-up bonuses available to each user. As a result, relying purely on these may not be a sustainable long-term plan.
   
   
4. Misuse of Promos: Certain promos have more complex rules and often hidden T&Cs. As a result, if you go into them without proper guidance and support you can risk reducing the amount of overall profit you earn, or worse, lose money.

But it isn't all doom and gloom. There is one way you can guarantee profits from bonus bets, risk-free, every time.

Sound too good to be true? Read the next section.

10. How to Guarantee Profit From BetMGM Bonus Bets

While it's true risks can arise when claiming bonus bets, one clever technique exists that can remove them and guarantee you profits from promos every time.

Promo conversion (A.K.A matched betting), is a fully legal, super simple (with the right platform) method of turning sportsbook promos into guaranteed cash.

Simply put, it involves betting on one side of a game to qualify for a sportsbook promo, then betting on the other side to cover both outcomes and remove the risk. Repeat this process using your new promo and voila! You've locked in a guaranteed profit.

And while this sounds simple on paper, to earn serious monthly profits with this technique you need rapid odds-matching software, an up-to-date promo database and tailored instructions for converting each offer at your disposal.

11. Why Choose ProfitDuel?

At ProfitDuel we have over 10 years' experience in the matched betting industry at the highest level. In that time we've helped 400,000+ members in the US & Europe earn guaranteed profits in the $1,000s each month converting sportsbook promos like bonus bets.

How exactly? By taking the complex-sounding promo conversion process we touched on in the last section, and creating intelligent software, easy-to-follow strategies and expert one-to-one customer support to make it insanely simple.

Not sold yet? Read the 5 simple steps to converting sportsbook promos in our free guide to see just how easy it can be to add $1,000s to your monthly income.

When you've done that and you're ready to start earning guaranteed profits, sign up to ProfitDuel using our limited-time offer: 7 days ProfitDuel Premium for $1.