TOP MVGBET PROMOS & BONUSES: AUGUST 2024

1. Which Types of Sportsbook Promos Does MVGBet Offer?

MVGBet offers a variety of sportsbook promos including welcome bonuses and reload offers. These promos include:

1. Free Bets: With a free bet, MVGBet will gift you bonus site credit after you place a bet as a reward. This is the most common form of welcome bonus.
   
   For Example: Bet $5 and receive a $150 free bet.
   
   Also Known As: Bonus bets, "bet x get x" offers, free plays, bonus credits.
   
   
   
2. Risk Free Bets: With risk-free bets MVGBet will refund your stake if your bet loses (usually in the form of a free bet).
   
   For Example: A sportsbook is offering a $100 risk free bet. If you wager $100 and win, you take the winnings. If you lose, you are refunded your $100 as a free bet.
   
   Also Known As: No sweat bets, second chance bets, first bet insurance.
   
   
   
3. Deposit Bonuses: With a deposit bonus, MVGBet will offer an additional percentage bonus on top of your initial deposit amount.
   
   For Example: If the offer is a 50% deposit bonus and you deposit $100, the sportsbook will offer you an extra $50.
   
   Also Known As: Deposit Matches.
   
   
   
4. No Deposit Bonuses: As the name suggests, no deposit bonuses don't require a deposit to be gifted.
   
   For Example: With a $300 no deposit bonus, after you sign up the sportsbook will immediately fund your account with $300 (usually in the form of a free bet).
   
   Also Known As: No deposit cash.
   
   
   
5. 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 free bets to enhanced odds.
   
   For Example: Bet at least $10 every week of the World Cup and receive a $50 free bet for the final.
   
   Also Known As: Reload bonuses, ongoing offers.
   
   
   
6. Profit Boosts: Profit boosts provide a percentage increase to a person’s profits on a wager should they win.
   
   For example: If the sportsbook adds a 50% profit boost to a game and you earn $100 profit from it, the sportsbook will up your profit to $150.
   
   Also Known As: Cash boosts.
   
   
   
7. Odds Boosts: With odds boosts, the sportsbook enhances the odds on a certain bet (usually a prop bet). This enables bettors to earn higher winnings from the same stake.
   
   For Example: Houston Astros & Colorado Rockies both to win, was +190, now 240+.
   
   Also Known As: Enhanced odds, price boosts.
   
   
   
8. Parlay insurance: Users get their stake back as a free bet if one leg of their parlay bet loses.
   
   For Example: Place a 3+ leg same game parlay on any sport and if only open leg loses, get a refund in site credit (max $25).
   
   Also Known As: Parlay promo, parlay cover.
   
   
   
9. In-Play Bonuses: Bonuses for placing live, in-play bets during an event.
   
   For Example: Bet $50 in-play and receive a $20 free bet.
   
   Also Known As: Live bet bonuses.
   
   
   
10. VIP Programs: MVGBet offers a VIP program that rewards loyal customers with additional perks. These can vary from sportsbook to sportsbook and range from extra promos to complimentary cruises and tickets to sporting events.
    
    For Example: Barstool's old PENN Play Program offered an annual Las Vegas stay package at M Resort Spa Casino for Owners Club members.
    
    Also Known As: VIP schemes, loyalty programs. 

2. Is MVGBet Legit?

MVGBet is a relatively new sportsbook in the United States, having been established in 2023. It is operated by Maverick Gaming, which is known for its ownership of multiple casinos and card rooms. MVGBet aims to offer a wide range of betting options, including sports betting and casino games, to cater to various preferences.

While it is gaining traction, users should always verify the sportsbook's licensing and read reviews to ensure its legitimacy and reliability. As with any new betting platform, cautious engagement is recommended until it establishes a more solid reputation.

3. Which States is MVGBet Legal in?

MVGBet became legal in Ohio in January 2023, following the state's decision to allow sports betting. Operated by Maverick Gaming, MVGBet offers a range of sports betting options tailored to Ohio residents. Maverick Gaming, known for its casinos and card rooms, has expanded its services to include this online sportsbook to capitalize on Ohio's newly regulated market.

The platform aims to provide a secure and engaging betting experience. As MVGBet continues to establish its presence, users are encouraged to verify its licensing and read reviews to ensure a reliable betting experience.

4. Does MVGBet Offer sportsbook Promos for New Users?

Yes, MVGBet offers promotions for new users. These promos, often called welcome bonuses or signup bonuses, are designed to attract new customers to the sportsbook.

They provide an incentive for users to sign up and start betting on their favorite sports. Welcome bonuses can come in various forms, such as free bets, deposit matches, or bonus funds. It's a great way for new users to kickstart their betting experience with MVGBet.

You can find MVGBet's best sportsbook promotions for new users at the top of this page.

5. Does MVGBet Offer Promos for Existing Users?

MVGBet provides promotions for existing users as well. While these may not be as substantial as the welcome bonuses, they still offer significant benefits for loyal customers.

These promotions, often known as reload offers or ongoing offers, are designed to reward regular users for their continued patronage. They can include profit boosts, enhanced odds, bonus bets, and other attractive deals.

MVGBet prioritizes its existing users and is committed to offering ongoing incentives to enrich their betting experience.

If you’ve already used all of your welcome bonuses, check out how you can maximize the profits you can make from promos as an existing user here.

6. How Can I Claim MVGBet Promos & Codes? 

Claiming MVGBet sportsbook promotions is simple and straightforward. Follow these steps to take advantage of their offers:

1. Sign Up or Log In: Create an account on the MVGBet website or app. If you're already a user, log in to your existing account.
   
   
2. Navigate to Promotions: Go to the promotions section to view the available offers.
   
   
3. Select a Promo: Choose the promotion you want to claim. Read the terms and conditions to ensure you understand the requirements.
   
   
4. Make a Deposit or Bet: Depending on the promo, you may need to make a qualifying deposit or place a bet.
   
   
5. Enter Promo Code (if applicable): Some offers may require you to enter a promo code during the deposit or bet placement process.
   
   
6. Enjoy the Benefits: Once you've met the requirements, the bonus will be credited to your account, and you can start using it to enhance your betting experience.

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

7. What Was MVGBet's Most Generous Promo Ever? 

MVGBet's most generous promo offer ever was its inaugural welcome bonus when it launched in Ohio in January 2023. This promotion included a 100% match on the first deposit up to $500, along with an additional $50 in free bets.

Designed to attract new users in a newly regulated market, this offer provided a substantial incentive for bettors to join MVGBet and start wagering. The combination of a high deposit match and free bets made it one of the most attractive promos in the sportsbook's history.

8. How Good Is The MVGBet Loyalty Program?

9. What Sports & Leagues Can I Claim MVGBet Promos On?

MVGBet offers sportsbook promotions across a wide range of sports and leagues. Here are some examples:

1. Football (NFL, NCAA): Promos cover major games like the Super Bowl and College Football Playoff.

2. Basketball (NBA, NCAA): Includes promotions for NBA Finals and NCAA March Madness.

3. Baseball (MLB): Promos apply to events such as the World Series.

4. Soccer (MLS, Premier League, La Liga): Covers leagues like MLS Cup, English Premier League, and La Liga matches.

5. Hockey (NHL): Offers promotions during events like the Stanley Cup Finals.

6. Tennis (ATP, WTA): Includes tournaments such as Wimbledon and the US Open.

7. Golf (PGA Tour): Promos apply to prestigious events like The Masters and Women's PGA Championship.

8. Mixed Martial Arts (UFC): Offers promotions for UFC pay-per-view events like UFC 264.

9. Motorsports (NASCAR, Formula 1): Includes races such as the Daytona 500 and Monaco Grand Prix.
    

These examples demonstrate the variety of sports and leagues where MVGBet provides promotional offers, catering to a wide range of interests and preferences in sports betting. Always check the specific terms of each promo to ensure eligibility for your chosen event or league.

10. Do You Need a Promo Code to Claim MVGBet Promos?

While some MVGBet 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, remove the risk and learn the method you can use to convert promo offers into guaranteed cash every time (see section 14).

11. What T&Cs Does MVGBet Have For Promos & Codes? 

MVGBet 's promotions and codes are subject to terms and conditions (T&Cs) to ensure fair and responsible betting practices. Some common T&Cs for MVGBet promos and codes include:

• Eligibility: Promotions may only be available to new users or existing users meeting certain criteria.
  
  
• Minimum Deposit/Bet: Some promos require a minimum deposit or bet amount to qualify for the offer.
  
  
• Wagering Requirements: Bonus funds or free bets may be subject to wagering requirements before withdrawal.
  
  
• Validity Period: Promotions and bonus offers typically have a specific timeframe within which they must be claimed or used.
  
  
• Excluded Markets: Certain markets or bet types may be excluded from promotions.
  
  
• Promo Codes: Users may need to enter specific promo codes during the deposit or bet placement process to activate the offer.
  
  
• Maximum Bonus Amount: There may be a maximum limit on bonus funds or free bets awarded through promotions.
  
  
• Cash-Out Restrictions: Some promos may restrict the use of cash-out options for qualifying bets.
  
  
• General Terms: MVGBet reserves the right to modify, suspend, or terminate promotions at any time, and all promotional offers are subject to the site's general terms and conditions.

It's important for users to carefully read and understand the terms and conditions associated with each promotion or code to ensure compliance and maximize the benefits of the offer.

12. What are the Pros and Cons of MVGBet ?

Like all sportsbooks, MVGBet has its pros and cons. Below we have summed up some of the most popular customer opinions of MVGBet : 

Pros:

• Customer Support
• Mobile Compatibility
• Wide Range of Sports and Leagues
• Live Betting Options
• MGV Store
• User-Friendly

Cons:

• Restricted Availability (Only Ohio)
• Promo Terms
• Newer Platform
• Market Coverage
• Limited Payment Options

13. Are There Any Risks With MVGBet sportsbook Promos?

While claiming sportsbook promos with MVGBet sportsbook 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 promo offers are: 

• No Guaranteed Winnings: Whether it's a $150 free bet, a $1,000 risk free 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 risk free bets. Let's say you're gifted a $500 risk free 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 free bet). Place this free bet on the losing side and you've just lost $500 to the sportsbook. 
  
  
• 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.
  
  
• 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 MVGBet sportsbook Promos

While it's true risks can arise when claiming sportsbook promos, one clever technique exists that can remove them and guarantee you profits from MVGBet sportsbook 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: 7 days ProfitDuel Premium for $1.