BetMGM Bonus Code: BETLSR for up to $1,500 in Bonus Bets if Your First Bet Doesn’t Win

Reviewed by:

Martin Green

Last Updated:

June 4, 2026

4.6/5

★★★★★

Payout Speed

4.5/5

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App / UX

4.7/5

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Bonus / Promos

4.6/5

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Props / Odds

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BetMGM bonus code in June 2026, “BETLSR“, unlocks a First Bet Offer worth up to $1,500 in bonus bets if first bet doesn’t win. It’s one of the top BetMGM promotions available, giving new players a strong risk-free start with significant upside on their first wager.

BetMGM bonus code in June 2026

Up to $1,500

In Bonuses

Top Features

• 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-BETS-OFF

• Use Bonus Code: BETLSR

BetMGM Sportsbook Review

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BetMGM bonus code: what to know in June 2026

The BetMGM bonus code sign-up offer changes from time to time, so it’s always good to be up to date on the latest offer when signing up for a new BetMGM Sportsbook account, depositing, and placing a first bet. Here are the latest details about the BetMGM bonus code offer as of June 4, 2026:

Here’s a look at all the BetMGM bonus codes available in June:

We’ve now covered all the welcome bonus information at BetMGM Sportsbook. Next up is a look at the promotions that are available for new and existing users.

Easy wins for beginners claiming BetMGM bonus

Sports betting is challenging, and there’s no such thing as a sure thing; however, thanks to the sportsbook promos, bonuses and specials offered at BetMGM Sportsbook, winning is slightly easier than it is at other sports betting sites.

It all starts with the BetMGM bonus code welcome offer worth up to $1,500. The BetMGM sign-up bonus covers the first cash bet you make for up to $1,500. That means if your opening bet loses, you’ll get a refund in BetMGM bonus bet(s). While bonus bets aren’t as good as cash, the way BetMGM refunds users is better than what you’ll find elsewhere.

As long as your first bet is for $50 or more, you get five bonus bets as a refund instead of just one. For example, if you make an lose a $100 bet, you’ll receive five $20 bonus bets, as opposed to a single $100 bonus bet like you would get at Caesars Sportsbook. You still have the option of putting the full $100 worth of bonus bets on one wager if you want. But, now you also have the option of spreading those bonus bets out over five separate wagers. So that’s one way that BetMGM Sportsbook makes it easier to win for beginners.

Another way that BetMGM makes winning easier is by offering a multitude of promotions. For instance, if you like betting on first touchdown scorers in the NFL, BetMGM will refund your bet (in cash!) if your bet to score first doesn’t score first, but instead scores the game’s second TD. BetMGM also offers promos, bonuses and specials for all the top sports. Some of these bonuses are no-sweat offers, others are for profit boosts.

And a final way that BetMGM Sportsbook makes winning easier for new sports bettors is by having among the best odds around. While technically, this doesn’t make winning any easier, it does mean you’ll be rewarded more for your wins, which will help grow your bankroll at BetMGM and that’s really what you’re hoping to do.

Using BetMGM bonuses to build sports betting bankroll

Betting on sports is hard, but all the bonuses and promotions offered at BetMGM Sportsbook make it a little easier to build up your bankroll. The first step to building your bankroll at BetMGM Sportsbook is to sign up using the BetMGM bonus code BETLSR, (BETLSR in Ohio).

This two-part bonus should really help you increase your bankroll at BetMGM. Ideally, you’ll win your first bet and you won’t need the bonus bet refund. But if your first bet doesn’t win, you’ll be glad you have a safety net of sorts to help catch you.

After claiming the BetMGM sign-up bonus, you’ll now turn your attention to the regular promos, bonuses, and specials that the sportsbook has to offer. These can really assist in building up your bankroll.

Most days, BetMGM Sportsbook offers a Lions Boost, which is basically a super-boosted bet. While the bet winning is not a sure thing, when it does hit, you’ll get more money in return thanks to the boost. BetMGM also has a number of other promotions going on daily to help you in building your bankroll. You’ll find profit boosts, which allow you to create your own parlays and see your profits go up if you win. There also are no-sweat offers that work just like the welcome bonus, meaning you get a bonus bet back if your qualifying bet loses. Lastly, BetMGM runs a number of free-to-enter contests. Truthfully, winning money from these are challenging because so many people enter, but you literally have nothing to lose.

As a reminder, while the BetMGM bonus code sign-up offer and all the promotions and bonuses BetMGM Sportsbook has make building your bankroll easier, it’s still not a sure thing. Also, make sure you read the terms and conditions of any bonus offers to be sure your bets qualify for the promotion being offered. Good luck!

How to cash out BetMGM bonus winnings

Cashing out BetMGM bonus winnings is usually straightforward, but the key is that you can’t withdraw until your bonus has fully cleared. Before you place a bet, open the promo details and look for four things: wagering/playthrough requirements, minimum odds, eligible markets, and the expiration date. Those terms decide whether your bet counts and how quickly winnings become real, withdrawable cash.

Once you understand the rules, bet with conversion in mind. If you’re using a bonus bet, keep in mind that many books award winnings only (your stake may not be returned), so it often makes sense to avoid extreme long shots and instead choose wagers that give you a realistic path to cash. A simple approach is splitting your bonus into a few smaller bets, which gives you multiple chances to turn promo value into cash without relying on one result.

After your wager settles, check your wallet to see whether the funds are listed as withdrawable. If you still see a bonus balance or restricted funds, it usually means a requirement hasn’t been met or the winnings are still in a promo status. Once the cash is available, go to Cashier → Withdrawal, choose your method (PayPal, online banking, debit card, etc.), enter the amount, and submit.

To reduce withdrawal delays, make sure your identity verification is done and your account information matches your payment method. Inconsistent details—like a nickname on your profile or an old address—can slow things down even if you won cleanly.

• Check promo terms first (playthrough, odds, eligible markets, expiration).
• Use a simple conversion plan (avoid extremes; consider splitting bonus bets).
• Confirm winnings are withdrawable, then withdraw via Cashier.
• Verify your account early to prevent payment delays.

Common mistakes after claiming a BetMGM bonus

Most BetMGM bonus frustration comes from one of two problems: the bonus never attached correctly, or the bet didn’t qualify the way the user assumed it would. The most common issue is entering the promo code at the wrong time. Many offers require the promo code during registration, and if you skip it, you may not be able to add it later.

The next big mistake is placing a bet that looks normal but doesn’t count. Some promotions require minimum odds, exclude certain bet types (like specific parlays), or only apply to certain sports and markets. That’s why checking the bet slip for eligibility cues matters. If the app isn’t showing the wager as qualifying, you’re basically gambling twice—once on the game, and once on whether BetMGM credits the promo.

Timing causes a lot of issues too. Bonus bets often expire, and people try to use them on games that settle late or get rescheduled. Another avoidable mistake is using early cash-out on a bet tied to a promotion. Many offers require the bet to settle normally, and cashing out can void the promo even if you still finish up money.

Location can also trip you up. BetMGM operates state by state, and promo availability or terms can change when you cross a border. If you travel, take 10 seconds to re-open the promo details inside the app so you’re not betting under assumptions from another state.

• Apply the promo code at the correct time (often only during signup).
• Confirm the bet qualifies before placing it (odds, market, bet type).
• Don’t wait until the last minute (expirations + rescheduled games happen).
• Avoid early cash-out on wagers tied to promos.
• Re-check terms if you travel (state rules can differ).

Do parlays, odds boosts, or cash-out options impact a BetMGM bonus?

Yes, they can, and this is where most “I did everything right” complaints come from. Promotions often treat special bet types differently than straight bets. A welcome offer might require a standard straight wager, while a different promo might allow parlays. Same Game Parlays (SGP) and SGP+ are especially inconsistent across promos: sometimes they count, sometimes they don’t, and sometimes only certain SGP markets count.

Odds boosts and enhanced lines can also be tricky. Some promos treat boosted wagers as excluded specials even though they look like normal bets. If an offer requires standard odds or excludes enhanced markets, your boosted wager might not qualify.

Early cash-out is the biggest risk. If you cash out before settlement, your bet may no longer meet the settled wager requirement for welcome bonuses, insurance-style promos, or any offer that needs a completed result. Even if the cash-out locks a profit, it can still break promo eligibility.

The safest method is to keep it simple: use straight bets at the required odds, don’t boost them, and let them settle normally unless the promo clearly says otherwise.

• SGP/SGP+ and parlays may be excluded depending on the offer.
• Boosted odds can be treated differently and may not qualify.
• Early cash-out can void promo eligibility because the bet didn’t settle normally.
• If the slip doesn’t clearly show it qualifies, don’t assume it will.

How to stretch your BetMGM promo code bonus across an entire week

If you want the most value from a BetMGM promo code bonus, don’t treat it like one big all-in shot. Treat it like a short bankroll plan. Splitting your bonus across multiple days gives you more chances to win, more time to learn the app, and less pressure to force a bet you don’t love.

A practical approach is dividing your bonus into 3–7 parts depending on your style. If you like daily action, break it into smaller bets that you can deploy across the week. If you prefer fewer decisions, use fewer, slightly larger wagers. Either way, the big advantage is flexibility: you can adjust based on what you learn and how results go.

Spreading bonus bets also reduces the deadline mistake, where bettors wait until the bonus is about to expire and then throw it on a random game. Planning your week around the sports calendar (and when bets settle) makes it easier to use your bonus intentionally and avoid rushed decisions.

• Split your bonus into multiple bets over 3–7 days.
• Use the schedule to your advantage (don’t wait until right before expiration).
• Adjust your approach as you go instead of locking everything into one bet.

The most underrated bet types for BetMGM bonus

Moneylines and spreads are fine, but they’re not always the best learning tools—or the best conversion tools—when you’re working with bonus bets. Player props are underrated because they let you focus on one performance outcome instead of the chaos of an entire game. If you know a team well, you may have a stronger opinion on a player’s role, matchup, or usage than the average bettor.

Alternate lines are another strong option because they let you control risk. You can move a spread or total into a safer range to improve your win probability. That can be useful when your goal is converting bonus value into withdrawable cash rather than chasing maximum payout.

Team props can be a nice middle ground. Team totals, for example, isolate one offense instead of requiring both teams to play a certain way. In some matchups, that’s simpler than picking a side, especially when the game script is hard to predict.

The key is not to get fancy for the sake of it—use these markets when you actually understand the angle and the settlement rules.

• Player props: focus on one player outcome instead of the full game.
• Alternate lines: reduce risk by moving the number in your favor.
• Team props: isolate one team’s performance (often simpler than sides).

Why live betting is one of the smartest ways to use BetMGM bonus bets

Live betting is useful because it replaces pregame guessing with real information. You can see pace, rotations, matchups, injuries, and who actually has the edge. BetMGM’s live lines move quickly as the game develops, and that movement can create better prices than what you had before tipoff.

A common live strategy is waiting for a favorite to start slow. If you still believe they’re the better team, you might get a much better number once they’re down early. Totals can also be more accurate live once you see the tempo. A game that looks fast on paper might play slow in reality, and live totals will sometimes lag behind what you’re seeing.

The danger is impulsive clicking. Bonus bets can feel like house money, and live betting can become reactive. The fix is having a plan: decide what you’re looking for and what would make you bet. If you can’t explain the value in one sentence, it’s probably not a great live bet.

• Use live betting to wait for better numbers (not to chase action).
• Target clear angles: slow-start favorites, pace-driven totals, matchup changes.
• Have rules before you start so you don’t bet impulsively.

Low-risk ways to try out your BetMGM bonus without overspending

If you’re new, your first goal shouldn’t be to hit something huge. It should be learning how odds, settlement, and promo rules work while giving yourself a reasonable shot at converting a bonus into cash. That usually means lower-variance bets: moderate favorites, conservative spreads, and standard totals.

Bonus bets are also great for testing markets you’ve never used. You can try soccer totals, tennis set betting, or baseball props and see what you enjoy—without risking extra bankroll. Just don’t combine new market with high variance at the same time. Keep the experiment simple so you can actually tell whether the market fits your style.

If your goal is conversion, be careful with big parlays and long-shot props early. They can be fun, but they’re not consistent conversion tools.

• Start conservative (moderate favorites, simpler lines, straight bets).
• Use bonuses to test new markets without committing real bankroll.
• Avoid stacking risk early (new market + long odds + parlays).

What to bet on first when using your BetMGM promo code bonus

If you want quicker feedback, pick bets that settle fast. Straight bets on full games work, but you can speed up results by using quarters, halves, or period markets. These settle sooner, which helps you learn how BetMGM credits promos and how winnings show up in your wallet.

Daily-slate sports like NBA, NHL, and MLB are also easier for a beginner rhythm because you’re not waiting a full week for another slate. More opportunities means more learning—and less temptation to force a bet just because you’re bored.

The simplest starter system is one bet at a time: confirm it qualifies, place it, watch how it settles, then repeat. That’s how you avoid confusion about why a promo didn’t trigger.

• Start with straight bets or period markets for faster settlement.
• Stick to sports you follow and slates that run often.
• Place one qualifying bet at a time until you understand the flow.

Strategic long-term bets to make with your BetMGM bonus

Futures can be a smart way to use BetMGM bonus bets if you like the season-long sweat. Win totals, division winners, awards, and championships keep your action alive for weeks or months instead of one night. The upside is you stretch the entertainment value and can sometimes find numbers you like early before the market moves.

The smarter approach is spreading futures out rather than making one huge bet. A mini-portfolio—one win total, one division pick, one award—creates multiple paths to profit and reduces the one injury ruins everything problem.

The tradeoff is time. Futures tie up value longer, so they’re better when you’re not in a hurry to cash out. If your main goal is fast conversion to withdrawable cash, use shorter-term markets first and save futures for a portion of your bonus.

• Use futures when you’re okay waiting; use short-term bets for faster cash-out.
• Futures are great for season-long value (win totals, divisions, awards, titles).
• Split into a small portfolio instead of one all-in ticket.

How bonus bets at BetMGM Sportsbook work

There are multiple ways to claim bonus bets at BetMGM Sportsbook. You could get them via the $1,500 BetMGM bonus code sign-up offer, from various BetMGM promos available to all users or you could be awarded them by BetMGM for a random reason. But now that you’ve got a bonus bet, you need to make sure you know how they work. Here’s a quick, easy to understand summary of how BetMGM bonus bets work:

• First, BetMGM bonus bets expire seven days after being issued. This simply means you need to use them within seven days of receiving them. Your bet with them doesn’t need to be settled within the seven-day window, your bet just needs to be placed within seven days.
• To use a bonus bet, select whatever wager you want to make. Then in the BetMGM Sportsbook betslip you’ll see an option for applying a bonus bet. Simply select the bonus bet and then place the bet.
• The last thing to understand about BetMGM bonus bets, is that you do not get the value of the bonus bet back if you win. You only get the winnings. Let’s look at an example of a bonus bet wager and a cash bet wager to make this easier to understand.
  • $100 Cash Bet | For this example let’s say you place a $100 cash bet on a wager with +100 odds. If you win that bet you’ll get $200 added to your BetMGM account, $100 is your winnings from the bet, the other $100 is your original wager being added back to your account.
  • $100 Bonus Bet | Everything about the bet stays the same, except instead of placing the bet with cash, you use a $100 bonus bet and again, you win your +100 bet. This time though, only $100 gets added to your BetMGM Sportsbook account. Only the $100 in winnings is added, the value of the bonus bet does not carry over.

And that is everything you need to know about how BetMGM Sportsbook bonus bets work.

Introduction to BetMGM Sportsbook

BetMGM stands out as a premier online sportsbook, offering sports bettors access to an impressive variety of betting markets and a robust welcome bonus for new users. As a major player in the sports betting industry, BetMGM is recognized for its comprehensive offerings and industry-leading features. BetMGM allows users to place wagers on over 20 different sports, ensuring a wide range of options for every type of bettor.

As one of the most trusted names in legal online sports betting, BetMGM provides a secure and regulated environment for placing sports bets across major and niche sports. Whether you’re interested in football, basketball, baseball, or more specialized markets, BetMGM’s platform is designed to cater to every type of bettor. With its commitment to user safety, competitive odds, and ongoing promotions, BetMGM continues to be a top choice for anyone looking to get started with online sports betting.

Is BetMGM Sportsbook legal?

Yes, BetMGM is a legal and safe sportsbook. It operates in nearly two dozen states and the District of Columbia with plans to expand into additional markets. BetMGM has modified its offerings and features based on regional regulations to comply with state laws.

Here’s a look at the states where BetMGM is currently available. For additional information, just click on our state-specific links.

BetMGM sportsbook features

BetMGM Sportsbook stands out in the world of online sports betting by offering a robust suite of features designed to meet the needs of every sports bettor. Whether you’re a seasoned pro or just starting out, BetMGM provides access to a wide variety of betting markets, including all the major leagues like the NFL, NBA, MLB, and NHL. With the BetMGM Sportsbook app, you can easily browse through these markets, check the latest odds, and place your sports bets with just a few taps.

One of the highlights for new users is the $1,500 first bet offer, which gives you a head start on your sports betting journey. The platform supports a range of bet types, from classic moneyline and point spread bets to over/unders and more, allowing you to tailor your strategy to each event. The intuitive bet slip feature makes it simple to build and track your wagers, whether you’re placing a single bet or exploring more complex options like parlays.

BetMGM Sportsbook is also known for its competitive odds and frequent promotions, ensuring you get great value on every bet. The app is designed for ease of use, making it quick to find your preferred betting markets and manage your BetMGM sportsbook account on the go. Security is a top priority, with advanced encryption technology protecting your personal and financial information at every step. Plus, BetMGM is fully licensed and regulated in multiple states, including West Virginia, New Jersey, and Pennsylvania, so you can bet with confidence.

With its combination of a user-friendly app, diverse betting options, and strong security measures, BetMGM Sportsbook delivers a top-tier online sportsbook experience. Whether you’re looking to take advantage of the latest BetMGM sportsbook offers or simply want a reliable platform for your sports bets, BetMGM is a trusted choice for sports bettors nationwide.

Odds boosts at BetMGM

Odds boosts are a favorite feature among BetMGM sportsbook users, offering enhanced odds on select sports bets to increase potential winnings. BetMGM regularly updates its odds boosts, providing daily opportunities and special promotions tied to major sporting events. These odds boosts are easy to find on both the BetMGM sportsbook app and website, and they can be used on a variety of betting markets. For sports bettors looking to maximize their returns, taking advantage of BetMGM’s odds boosts is a smart way to add extra value to your wagers.

Banking options for BetMGM bonus

BetMGM has a number of banking methods for both deposits and withdrawals. The exact methods may vary by market, but there’s a good selection of options in each of the legal states in which it currently operates. Each method will have their own minimum and maximum limits, and sports bettors can cash out instantly with debit cards.

• ACH e-check
• BetMGM Play+
• Credit and debit card: Mastercard, Visa, or American Express
• Check by mail
• Online banking transfer
• PayNearMe
• PayPal
• Retail casino cashier
• Skrill
• VIP Preferred

The cashier function on the website and app is where you’ll move money in and out. It’s easy to use and lists all of the available options. Deposits process instantly (minimum $10), while withdrawals take some time for internal processing.

When taking money out, you can expect the transaction to process within 24 hours in most cases. Online banking and VIP Preferred can take a few business days. Once BetMGM releases the funds, the processing time can vary depending on the method.

You could see your funds as soon as the next day with PayPal or Play+, while others could take a little longer. BetMGM has complete information for all of its accepted funding methods in the help section on its site.

Encouraging responsible gambling with BetMGM

BetMGM is committed to promoting responsible online gambling and ensuring a safe betting environment for all users. The platform provides tools like deposit limits, time-outs, and self-exclusion options to help players stay in control.

Additionally, BetMGM partners with organizations like Gamblers Anonymous and the National Council on Problem Gambling to offer resources and support for anyone facing gambling-related challenges. By prioritizing player well-being, BetMGM demonstrates its dedication to creating a balanced and enjoyable sports betting experience.

Final thoughts: Is the BetMGM bonus the right sportsbook bonus for You?

If you’re looking for an online sportsbook bonus that delivers both value and flexibility, the BetMGM bonus is one of the strongest options available. With a welcome offer that typically includes bonus bets or first-bet insurance up to a generous amount, BetMGM gives new players a meaningful safety net on their first wager. Paired with ongoing odds boosts, parlay boosts, and sport-specific promotions, BetMGM consistently provides added value well beyond the initial sign-up bonus.

Why it works:

• The bonus provides real betting value and can help offset early losses or extend your bankroll.
• BetMGM offers an extensive range of markets, so you can use your bonus across major leagues and niche sports.
• The BetMGM app is intuitive, fast, and reliable, making it easy to explore live betting, build same-game parlays, and manage wagers efficiently.
• The BetMGM Rewards program enhances long-term value by letting you earn points and tier credits that convert into bonus bets and MGM experiences.

What to review:

• Always check bonus terms, including wagering requirements, minimum odds, and expiration timelines.
• If you favor very specific betting styles, confirm they’re eligible under the welcome offer.
• Compare the offer with other top sportsbook bonuses to see which aligns best with your bankroll goals.

The verdict:

If you want a trusted, feature-rich sportsbook with a high-value welcome bonus and long-term perks, the BetMGM bonus is an excellent fit. For most players, it strikes the right balance of upfront value and ongoing rewards. If it matches your betting style, signing up and claiming the BetMGM bonus today is a smart way to maximize your starting bankroll.

BetMGM bonus code FAQ

Is there a bonus code for BetMGM?

Use the BetMGM bonus code BETLSR, (or BETLSR in Ohio), and the first bet you place with BetMGM Sportsbook will be refunded if it loses for up to $1,500. The refund comes as BetMGM bonus bets.

How does the BetMGM welcome offer work?

Our exclusive BetMGM welcome bonus gives you up to $1,500 in bonuses. Use the promo code BETLSR (or BETLSR in Ohio) during registration to claim this offer. Deposit funds, place your first cash bet, and if that bet doesn’t win, BetMGM will refund your wager in bonus bets up to $1,500. This offer is available in most states.

In MI, NJ, PA, WV it’s a Bet $10 Get $150 in Bonus Bets if You Win Your First Bet.

In Nevada you get Up to $250 in Bonus Bets Paid back on Your First Bet if it Doesn’t Win.

Keep in mind that Bonus Bets Expire in 7 Days. One New Customer Offer Only.

How do you get the $1,500 bonus on BetMGM?

Where the offer is available, to get the $1,500 bonus on BetMGM, sign up with the promo code BETLSR (BETLSR if you’re in Ohio), make your first deposit, and place a cash bet. If your initial bet loses, BetMGM will refund your wager in bonus bets, up to $1,500. These bonus bets must be used within seven days and cannot be withdrawn as cash.

Does BetMGM offer a no-deposit welcome rewards?

No, BetMGM does not currently offer a no-deposit bonus. However, by depositing and placing your first cash bet, you can qualify for up to $1,500 in bonuses.

Can I claim more than one BetMGM sign-up promo?

No, you can only claim one welcome bonus per BetMGM account. However, once you’re signed up, you’ll have access to additional promotions for existing users. Note that BetMGM’s sportsbook welcome offer cannot be combined with bonuses from its casino, poker, or other platforms.

Where do I enter a promo code on the BetMGM app?

You can enter the promo code BETLSR, (or BETLSR if you’re in Ohio) during the registration process in the designated field. Make sure to include this code to ensure eligibility for the $1,500 welcome bonus. If you leave the field blank, you may not qualify for this specific offer.

Are BetMGM bonus bets withdrawable?

No, BetMGM bonus bets themselves are not withdrawable as cash. You only keep the winnings from a successful bonus bet, while the stake is not returned. For example, if you use a $50 bonus bet on a winning wager at +100 odds, you’ll receive $50 in profit, not the original $50 stake.

What are the wagering requirements on BetMGM bonus bets?

BetMGM bonus bets typically do not come with traditional rollover requirements like a casino bonus. Instead, you must use the bonus bets on eligible sports markets within seven days of being credited. Any winnings from those bets are paid out as withdrawable cash, but the bonus bet stake is not included. Always check the full terms and conditions for any sport, odds, or market restrictions.

How long do I have to use my BetMGM bonus bets?

BetMGM bonus bets awarded from the welcome offer usually expire seven days after they are credited to your account. If you don’t use them within that window, they will be removed and you’ll lose access to that bonus value.

What happens if my BetMGM bonus bet wins?

In most states, if your BetMGM bonus bet wins, you receive only the profit from the wager, not the stake. For instance, a $100 bonus bet at +200 odds would return $200 in winnings. The $100 bonus stake is not returned to your balance. However, if you live in MI, NJ, PA, or WV, you can claim $150 in Bonus Bets if You Win Your First Bet of $10 or more.

Can I use BetMGM bonus bets on parlays or live bets?

In most cases, BetMGM bonus bets can be used on a wide range of markets, including straight bets, parlays, and live bets, subject to the promo’s terms and conditions. Some promotions may restrict certain bet types or require minimum odds, so always review the specific rules before placing your wager.

Is the BetMGM welcome bonus available in every state?

No. The BetMGM welcome bonus is only available in states where BetMGM Sportsbook is legally licensed and operational. Eligibility can vary by state due to local regulations, and some locations may have state-specific terms. Check the BetMGM app or website in your state to confirm the current offer and availability.

Do I need to opt in to receive the BetMGM welcome bonus?

You generally don’t need a separate opt-in after signup, but you must enter the promo code BETLSR, (or BETLSR if you’re in Ohio) during registration and meet all qualifying requirements (such as making a first deposit and placing an eligible initial cash bet). Failing to use the promo code or not following the terms may mean you miss out on the $1,500 bonus offer.