BetMGM has a first-bet bonus and is boosting underdogs in early rounds to entice new bettors to try the sportsbook for March Madness.
Bettors who have been wanting to try out BetMGM’s world-class platform are in luck as BetMGM bonus code PLAYLSR entitles them to a welcome offer of up to $1,500 in bonus bets.
Bettors also have an extra incentive to bet on underdogs, as bets on a team with +200 or greater odds will qualify for an odds boost token in most markets.
Round 1 of March Madness begins Thursday afternoon.
Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
Use Bonus Code: PLAYLSR
BetMGM March Madness bonus code
The BetMGM promo code PLAYLSR offers new customers a streamlined path to an abundance of additional betting opportunities on the platform. New BetMGM users stand to benefit even if their first bet on the industry-leading sportsbook doesn’t cash.
New BetMGM customers who make an initial deposit of at least $10 will receive the stake of their original bet amount, up to $1,500, back in the form of bonus bets if their first bet loses.
For initial bets of less than $50 that don’t cash, users will receive their refund in the form of a single bonus bet. For initial wagers of $50 or more, the user will receive their refund in the form of five bonus bets each equal to 20% of the total losing bet amount.
How to use the BetMGM bonus code
Creating an account using the BetMGM March Madness Round 1 bonus code is a streamlined process:
- New users will begin by clicking on Legal Sports Report’s “PLAYLSR” sign-up link.
- That will lead them to a landing page on BetMGM Sportsbook where they will specify which state they are attempting to sign up from.
- At that point, users will be taken to the platform’s main page, where they’ll allow the site to verify their location and then will begin the account creation process, which includes entering personal identifying information.
- Once they’ve finished entering all required information, users will confirm their desire to create the account and will enter “PLAYLSR” in the appropriate field to lock in the sign-up offer.
- Users will then make an initial deposit of at least $10 utilizing one of the available deposit methods, which will leave them poised to have their initial bet stake refunded in the form of bonus bets, up to $1,500, if that bet loses.
Best bet for Round 1 at BetMGM
Yale +7.5 vs. Texas A&M (-115)
Yale enters this matchup as a significant underdog but has recent history on its side, having upended Auburn in last year’s tournament despite coming into the game as an even larger underdog of 13.5 points versus the Tigers.
The Bulldogs averaged an impressive 81.0 points per game during their 22-7 regular season, significantly outpacing Texas A&M’s 74.3 figure. While the difference in caliber of competition has to be taken into account, Yale’s impressive array of efficient shooters — John Poulakidas, Nick Townsend and Bez Mbeng — all shot at least 37.1% from distance, with Townsend sinking a blistering 49.1% of his 3-point tries.
A&M’s 2-5 record over its final seven games also sends it into this matchup in underwhelming fashion, and a feisty Yale squad that has the highly valuable experience of already upsetting a heavy favorite last year should be able to keep this close.
