BetMGM, one of the leading sports betting sites, offers the choice between two introductory offers across most locations other than New York.
, offers the choice between two introductory offers across most locations other than New York. You’ll need to be a first-time customer and set up a new account with the correspondingYour first deposit of $10 or more is matched at 20% with the bonus up to $1,600 in sports bonus with a $8,000 deposit. The bonus is funds to use within the BetMGM platform but cannot be withdrawn since the sports bonus is not the same as cash.
You’ve probably seen a first bet on the house or first bet insurance offer from other sportsbooks. This promo works the same; however, it is the highest value out there at $1,500.A win profits cash and returns the stake. A miss is covered with bonus bets up to $1,500 and the bonus funds are valid for seven days in your account.NYPNEWS1600
Let’s say I want to bet on The Masters and am deciding between using the bonus funds or the $100 in deposited cash. Alternatively, I could use the $100 of cash on the same bet. However the bet plays out, the $100 would count towards half of the $200 wagering requirement .The first bet insurance only has two outcomes of the promo depending on how the bet plays out. You’ll either win and profit cash or BetMGM covers whatever your stake loss was up to the maximum.
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