TOP BETMGM PROMOS & BONUSES: DECEMBER 2024

1. Which Types of Sportsbook Promos Does BetMGM Offer?

BetMGM offers a wide range of promos and bonuses to both new and existing customers across the US each month. Eight of the most common include: 

1. Bonus Bets: With a Bonus Bet, BetMGM will gift you bonus site credit after you place a bet as a reward. This is the most common form of welcome bonus.
   
   Also Known As: Bonus bets, "bet x get x" offers, free plays, bonus credits.
   
   
   First Bet Offers: With First Bet Offers, BetMGM will refund your stake if your bet loses (usually in the form of a Bonus Bet).
   
   Also Known As: No sweat bets, second chance bets, first bet insurance.
   
   
   
2. Deposit Bonuses: With a deposit bonus, BetMGM will offer an additional percentage bonus on top of your initial deposit amount.
   
   Also Known As: Deposit Matches.
   
   
   
3. No Deposit Bonuses: As the name suggests, no deposit bonuses don't require a deposit to be gifted.
   
   Also Known As: No deposit cash.
   
   
   
4. Reload Offers: Unlike welcome bonuses, reload offers are promos that can be offered to users at any time, rather than just once they've signed up. They can come in many forms, from Bonus Bets to enhanced odds. 
   
   Also Known As: Reload bonuses, ongoing offers.
   
   
   
5. Profit Boosts: Profit boosts increase the percentage of profits on a winning wager. For instance, if a sportsbook adds a 50% profit boost and you earn $100 profit, your total profit would be boosted to $150.
   
   Also Known As: Cash boosts.
   
   
   
6. Odds Boosts: This promotion increases the potential payout on specific bets, providing better odds than usual and allowing bettors to win more from their successful wagers.
   
   Also Known As: Enhanced odds, price boosts. 
   
   
   
7. Parlay insurance: BetMGM offers parlay insurance, where users get their stake back in site credit if they lose a parlay bet by just one leg, helping mitigate the risk involved in these multi-bet wagers​.
   
   Also Known As: Parlay promo, parlay cover.
   
   

These promotions are designed to attract new users and keep existing ones engaged, offering various ways to enhance their betting experience on BetMGM.

2. Which States is BetMGM Legal in?

In addition to the above, BetMGM also offers in-person sports betting at retail locations in Mississippi, Nevada and South Dakota.

Even though a number of the US states missing from the list above have already legalized sports betting, BetMGM has not yet launched in these locations. For example, New Hampshire legalized sports betting in July 2019, but DraftKings Sportsbook has exclusive rights, which means it is the only online sports betting platform currently available in the state.

If BetMGM is not currently available in your state, keep a watch on things as this may change in the future as deals are negotiated and states continue to legalize online sports betting practice.

3. Does BetMGM Offer Promos for New Users?

Absolutely! BetMGM offers promos designed specifically for new users. These are often known as welcome bonuses or sign-up bonuses.

BetMGM’s welcome bonuses are usually the most attractive offers available as they have been created to attract new customers to the BetMGM sportsbook.

The purpose of these promos is to give new users a reward for taking the first step in their sports betting journey.

To find the best sportsbook promos for new users, check out the top of this page where we've ranked, rated and reviewed BetMGM's latest and most attractive offers.

4. Does BetMGM Offer Promos for Existing Users?

BetMGM also takes care of its current users. Although the promos may not be as lavish as the welcome bonuses, BetMGM frequently offers promotions to existing users to keep them engaged and appreciated.

These ongoing promotions, known as reload offers, come in different formats.  Whether it's weekly odds boosts or same-game parlay insurance offers, BetMGM makes sure there's always something exciting for existing users.

Customers can also benefit from joining BetMGM's refer a friend program. Just sign up and receive a payment when one of your referrals opens an account.

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

5. How Can I Claim BetMGM Promos and Codes?

Whilst the process will vary depending on your promo type, to claim BetMGM's promos using the standard route, steps will typically include: 

1. Sign Up:  Download the BetMGM Sportsbook app for your iOS or Android device. Alternatively, you could use the BetMGM Sportsbook website.
   
   Register an account if you haven't already got one. You will be asked to verify your personal info.
   
   
2. Check for Promos: Visit the "Promotions" section to view available offers. This can be found in the main menu or on the homepage.
   
   
3. Opt-In: Some promotions require you to opt-in. Click the "Opt-In" button on the specific promo page if needed.
   
   
4. Enter Promo Code (if applicable): If you have a promo code, enter it during the deposit process or as instructed on the promo page.
   
   
5. Deposit Funds: Many promotions require a minimum deposit. Follow the instructions to deposit the necessary amount.
   
   
6. Place a Qualifying Bet: Some promos may need you to place a bet on specific events or meet minimum odds requirements.
   
   
7. Receive Bonus: Once conditions are met, the bonus will be credited to your account, usually as Bonus Bets, deposit matches, or other rewards.

While this process of claiming promos is generally a pretty standard one, you can still end up risking your cash if you lose the bet you wager on.

However, there is one method you can follow when claiming promos that will guarantee you profit from your offer each and every time (see section 14). 

6. What Was BetMGM's Most Generous Promo Ever? 

BetMGM's most generous promo offer in the USA was the "No Sweat First Bet," which allowed new users to bet up to $2,500 and receive their stake back in bonus bets if the initial wager lost. This offer provided a substantial safety net for new users, making it one of the most attractive promotions in the sports betting industry.

7. Is BetMGM Legit?

Yes, BetMGM is a legitimate sportsbook in the US. It operates legally in multiple states, adhering to all relevant regulations and licensing requirements.

BetMGM is a joint venture between MGM Resorts International and Entain, both of which are highly reputable companies in the gambling and entertainment industries.

The platform offers a secure betting environment with advanced encryption technology to protect user information and transactions.

Additionally, BetMGM is known for its responsible gambling measures and customer support services, further affirming its legitimacy and reliability as a sportsbook.

8. How Good is the BetMGM VIP Program?

BetMGM’s VIP program is structured around different tier levels. As you climb the tiers, starting at Sapphire and working your way up to Noir, you unlock more prestigious perks and brilliant benefits. Examples include personalized promos to boost your sports betting and priority check-in at MGM Resorts.

Tiers & Requirements

The VIP Program is structured into different tiers, each with specific entry requirements and corresponding rewards. These tiers are generally based off a customers 'tier credits' which are typically earned from a combination of betting volume, frequency, and account standing.

The tier levels and typical credit requirements are listed below:

BetMGM VIP Benefits

The main draw of a loyalty or VIP program is the exclusive perks it offers, and BetMGM is no exception. The BetMGM VIP benefits can be particularly generous, generally involving a variety of the below perks (depending on your tier):

• Customized Bonuses and Promotions: VIP members at BetMGM receive personalized offers crafted specifically for them.
  
  
• Premium Customer Support: Enjoy dedicated support for all your sports betting needs.
  
  
• Dedicated VIP Manager: Noir tier members are assigned a personal account manager or host.
  
  
• Complimentary Tickets: Enjoy tickets to exclusive MGM Rewards concerts in Las Vegas.
  
  
• Access to Exclusive Events: Receive invitations to private events where you can mingle with fellow VIP members and players.
  
  
• Enhanced Referral Bonuses: As a VIP member, you can earn significantly more generous referral bonuses when you get your friends involved.

9. What Sports and Leagues Can I Claim BetMGM Promos on?

BetMGM offers promos on lots of sports and leagues, meaning that you can enjoy enhanced betting opportunities across your favorite events.

Here are some of the key sports and leagues you can bet on using BetMGM’s promo offers:

• NFL Promos: BetMGM often features promotions specific to the NFL season, such as enhanced odds on popular matchups or profit boosts on parlay bets. These promos can be highly lucrative during key events like the Super Bowl​​.
  
  
• NBA Promos: During the NBA season, BetMGM provides a range of promos including No Sweat Bets and parlay insurance. These offers can be particularly attractive during the NBA playoffs and Finals​.

• MLB Promos: Baseball fans can take advantage of promotions such as Bonus Bets for placing specific types of wagers or daily boosted odds on selected games during the MLB season and World Series​.
  
  
• NHL Promos: For hockey enthusiasts, BetMGM offers various promos like bonus bets and enhanced odds, especially during the Stanley Cup playoffs. These promotions help enhance the betting experience on regular-season and playoff games​​.
  
  
• Golf: Golf enthusiasts can find special offers during major tournaments like The Masters or PGA Championship, with promos often including No Sweat Bets or enhanced odds on outright winners​.
  
  
• Soccer: Soccer bettors can enjoy promos on major leagues and tournaments, such as the English Premier League and UEFA Champions League. These may include bet insurance on certain matches or increased payouts on correct score bets​​.
  
  
• Tennis: Tennis promos are available during major tournaments like Wimbledon and the US Open, often featuring bet insurance and boosted odds on match winners or specific sets​​.
  
  

For more detailed information on specific promos, you can visit BetMGM's official promotions page and explore the various offers available for different sports and leagues.

12. What Are the Pros and Cons of BetMGM?

BetMGM, like any sports betting platform, has its positives and…not-so-positives. Here's a quick look at some of the pros and cons of using BetMGM Sportsbook:

Pros

1. Cheer on Your Picks: BetMGM offers live-streaming, with HD-quality coverage available on your mobile device.
   
   
2. Welcome bonus for new customers.
   
   
3. Cash-out option: after placing a bet, the ability to cash out before the game starts or as a live option during the game.
   
   
4. User-Friendly Interface: The platform is designed to be user-friendly, making it easy for both beginners and experienced bettors to navigate and place bets.
   
   
5. Promos and Bonuses: BetMGM often offers promotions and bonuses to attract new users and retain existing ones.
   
   
6. Mobile App: BetMGM has a mobile app that allows users to bet on the go, providing convenience and flexibility.
   
   

Cons

1. The live-streaming we mentioned as a pro unfortunately doesn’t cover every game, event or fixture.
   
   
2. Customer Service: There is no live chat or phone number option if you need support.
   
   
3. Restricted Availability: BetMGM may not be available in all regions due to legal restrictions on online gambling.
   
   
4. Slow Withdrawals: BetMGM are often slower than other sportsbooks when it comes to processing withdrawal requests.
   
   
   

13. Are There Any Risks With BetMGM Promos?

While claiming BetMGM promos can be a great way to maximize your sports betting profits, it's crucial to be aware of the potential risks.

Four of the most notable risks attached to promo offers are: 

• 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 credit on a losing bet you will still come away with no more cash than when you started.  
  
  
• Risk of Losing Money: One of the most common ways bettors lose money through promos is through No Sweat 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. 
  
  
• Limited Number of Sign-Up Bonuses: While DraftKings sign-up bonuses can be generous, you can only ever receive one sign-up bonus from the sportsbook (when you first create an account). This means that it isn't wise to rely purely on your DraftKings sign-up bonus for all of your profits.  
  
  
• 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 sportsbook promos risk-free, every time.

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

14. How to Guarantee Profit From BetMGM Promos

While it's true risks can arise when claiming BetMGM promos, 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. 

15. 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.

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: 50% off your first month of ProfitDuel!