How to Get $150 in Bonus Bets on BetMGM
How to Get $150 in Bonus Bets on BetMGM
BetMGM offers eligible new customers a “Bet $10, Get $150 in Bonus Bets if You Win” promotion. To claim it, you need to create a new account, enter the current promo code, deposit at least $10, activate the offer token, and place a first wager of $10 or more. If that first bet wins, BetMGM credits your account with $150 in bonus bets.
Who Can Claim the Offer
The $150 bonus-bets offer is designed for new BetMGM Sportsbook customers. You must be at least 21 years old, physically located in a state where BetMGM is licensed, and have never previously registered for a BetMGM account.
This specific “Bet $10, Get $150” promotion is commonly available in Michigan, New Jersey, Pennsylvania, and West Virginia. If you live in another eligible state, BetMGM may offer a different welcome promotion, such as first-bet insurance that refunds a losing first wager in bonus bets.
For example, a new customer in New Jersey can claim the $150 offer, while a new customer in Arizona may see a different first-bet offer with a different maximum refund. The promotion available to you depends on your location and the live offer shown in the BetMGM app.
Steps to Get the $150 Bonus
First, download the BetMGM Sportsbook app or visit the official BetMGM website. Then create a new account and complete the required identity and location verification.
Second, enter the current BetMGM promo code during registration. Promo codes can change, so use the code displayed on the official BetMGM offer page or through a current authorized promotion.
Third, deposit at least $10 into your new account. You can use an accepted payment method such as online banking, a debit card, PayPal, or Venmo.
Fourth, activate the “Bet $10, Get $150 in Bonus Bets if You Win” token in your account or on the bet slip. This step is important because the qualifying bet may not count toward the promotion if the token is not active.
Finally, place your first real-money wager of $10 or more on an eligible market. If the wager wins, BetMGM credits $150 in bonus bets to your account, usually within about 24 hours.
Example of How It Works
Suppose you are a new customer in New Jersey. You register for BetMGM, enter the current promo code, deposit $20, and activate the offer token. You then place a $10 moneyline bet on a basketball team at odds of +120.
If that bet wins, BetMGM adds $150 in bonus bets to your account. You can then use those bonus bets on future wagers, but the original $150 bonus amount itself is not withdrawable cash.
If the same $10 bet loses, you do not receive the $150 bonus under this version of the promotion. That is why this offer is different from first-bet insurance, which may refund a losing first wager in bonus bets.
Important Rules to Know
The qualifying first bet must be at least $10 and must meet the promotion’s minimum-odds requirement. In recent offer terms, the minimum odds requirement is -10,000, which means nearly all standard sports markets can qualify.
You must place the qualifying wager within seven days of creating your account. The offer token and the bonus bets you receive also generally expire seven days after they are issued.
The promotion is limited to one redemption per eligible customer. You cannot claim the $150 offer multiple times or combine it with another welcome offer.
How to Use Bonus Bets
After BetMGM credits the $150 in bonus bets, open the bet slip and choose a market you want to wager on. Near the stake field, select “Apply Bonus Bet?” and choose an available bonus bet before placing the wager.
For example, if you receive a $50 bonus bet, you can use it on a $50 wager. If that wager wins, you receive the winnings, but the $50 bonus stake is not returned to your withdrawable balance.
Use the bonus bets before they expire. Bonus bets are non-withdrawable, and a bonus bet used on a wager that is later cashed out may be forfeited under the promotion rules.
State Differences to Check
In Michigan, New Jersey, Pennsylvania, and West Virginia, the offer is commonly listed as “Bet $10, Get $150 in Bonus Bets if You Win.”
In other states, BetMGM may offer “up to $1,500 in bonus bets” if your first bet loses. This type of offer refunds the amount of a losing first wager in bonus bets, up to the stated maximum.
Because offers and promo codes change, always check the terms shown in the BetMGM app before you deposit. The promotion, eligibility rules, maximum bonus amount, and qualifying wager requirements can differ by state.
Quick Checklist Before You Bet
Make sure you are a new, eligible BetMGM customer who is at least 21 years old.
Confirm that you are physically located in a participating state.
Enter the correct current promo code during signup.
Deposit at least $10 and activate the offer token.
Place a $10 or larger first qualifying wager within seven days.
Win that first wager to receive the $150 in bonus bets.
Use the bonus bets within seven days before they expire.
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