Home » Claim 20% match or $1.5K insurance with a BetMGM bonus code on any game

Claim 20% match or $1.5K insurance with a BetMGM bonus code on any game

BetMGM, one of the leading sports betting sites, provides the choice between two welcome promos with the corresponding BetMGM bonus codes. Most BetMGM sports betting states are eligible for either promo while New York is one of the few locations excluded.

Choose one of the following offers and set up a new account to get started.

Offer 1: 20% Deposit match up to $1,600 in sport bonus

BetMGM bonus code: NYPNEWS1600

Offer 2: Get up to $1,500 back in bonus bets if your first bet doesn’t win

BetMGM bonus code: NYPNEWS

Details of each BetMGM welcome offer


The 20% deposit match has some requirements to navigate that can be a bit tricky. Let’s walk through a quick example on how to utilize this offer.

First, let’s say you make a $100 deposit, earning $20 in sports bonus.

You’ll have seven days to use the bonus on any wagers you prefer. If you profit cash, you can’t withdraw it until you meet the next requirement.

BetMGM requires you cash bet a total of 10x the bonus within 30 days. This can be across multiple bets and would be $200 in total bets in the above example.

Once you meet the betting requirement, your cash is available for withdrawal. The 10x rollover is one of the most important requirements of the deposit match promo.


Alternatively, you can apply this bonus code for a first bet insurance on your first wager up to $1,500. Even if you place a larger bet, BetMGM will only cover you up to the maximum.

A winning bet profits cash just like any other bet on the platform. Meanwhile, only the miss is covered with bonus bets.

If you earn the bonus bets, BetMGM will send the funds in multiple payments to recoup your lost stake. These bonus bets can be used on your betslip to fund wagers throughout the platform.

A bonus bet wager can profit cash if it hits while the stake always goes back to the house since the bonus can only be played once through.

Register with BetMGM

  1. All locations need to choose between the 20% deposit match or the $1.5K first bet insurance.
  2. Use the register button to set up an account with verified information.
  3. Next, on the deposit page you’ll make at least a $10 deposit for either offer. Follow this with applying the corresponding bonus code — NYPNEWS1600 for the match or NYPNEWS for the insurance.
  4. Place a cash bet of any size to qualify for the first bet insurance. The deposit match doesn’t require an initial bet but you’ll have to meet the 10x wagering requirement.

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