BetMGM Bonus Code for January 2026: Up To $1500 in Bonus Bets or Bet $10 Get $150

I'm here to tell you about BetMGM's promo codes that are available to claim right now - and why they should be on your list.

The best part is that you don't need to physically type in any code in order to get what is currently available on site. Simply deposit, bet and receive your rewards - just how we like it.

Within my guide, you’ll discover what kind of welcome offer you can get at BetMGM and I’ll also reveal all of the brand’s promos for existing customers. I'll even break down the terms and conditions so that you don’t trip up over the small print. Let's dive in.

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Play Now BetMGM Promo

Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

BetMGM Bonus: Get your first stake refunded as bonus bets up to $1,500

Sometimes we may just need a second chance. And for new customers, in most of BetMGM’s legal states, you can pick up a welcome offer that will simply refund your first bet, if it loses, by 100% up to $1,500. This refund will be granted in bonus bet tokens that you can use to enjoy more sports betting.

Here’s a quick overview of what you could get:

Alternatively, in some states you can Bet $10 and Get $150 in Bonus Bets If You Win. Please keep in mind, the Bonus Bets Expire in 7 Days.

Missouri Deal Is Here

Another BetMGM offer worth taking a look at is the 'Get up to $1,500 Paid Back in Bonus Bet If You Don’t Win Your First Bet'offer for Missouri bettors. You only have to make sure you are a new customer, 21 years or older, and physically present in Missouri to be eligible. Once you're in, place an initial bet, and if it loses, BetMGM has got your back. Your initial loss will be paid back to you in bonus bets up to $1,500. You can't redeem the bonus bets. though.

Visit BetMGM.com for more details. Eligibility restrictions apply. Be a responsible gambler. GAMBLING PROBLEM? Dial 1-800-GAMBLER for help.

BetMGM terms and conditions for the welcome offer

While you don’t actually have to use any kind of BetMGM sportsbook bonus code to claim this deal, there are still important terms and conditions that you need to be aware of:

• Your opening deposit will have to be at least $10 to get this deal
• You get just seven days to use your bonus bet tokens before they expire
• You cannot withdraw the bonus bets themselves, only the extra winnings generated by the bonus

How do I get the BetMGM offer without a promo code?

BetMGM has made sure that you don’t have to do anything crazy to get this deal. So don’t worry about hunting down any kind of BetMGM bonus code, just follow these simple steps below:

1. Click on any of the links to BetMGM in the banners of this page to be taken to the brand’s site
2. Hit the Sign Up button in the BetMGM website header
3. Fill in the form with your email address, password and mobile number
4. Click on the verification link that gets sent to your mobile device
5. Log into your newly created account and submit any further verification documentation required
6. Go to the cashier section and make an opening deposit of $10 or more with one of the accepted payment methods
7. Make a bet on any sporting event with the First Bet Offer token activated on your bet slip
8. If your bet wins, you can collect your winnings as normal, but if your bet loses, you will get your stake refunded by 100% up to $1,500 in bonus bet tokens

What other offers are available?

BetMGM is currently available in 22 US states and Washington, D.C. While the $1500 losing bet refund offer is available in 16 of those jurisdictions, some states will get a different bonus.

Here’s a look at those alternative offers available to players:

• Bettors in Nevada can get up to $250 in bonus bets if their first bet loses
• Bettors in Michigan, New Jersey, Pennsylvania, and West Virginia can get up to $150 in bonus bets if they make a $10 bet and win
• Bettors in New York get a Pro Football SGP Boost Token as their welcome bonus
• Bettors in Missouri will receive refunds in bonus bets up to $1,500 on their first wager loss.

Getting a BetMGM promo as an existing customer

You will find plenty of BetMGM promotions waiting for you long after you have used up your welcome bonus. Such deals will be found under the Promotions tab at their website and app, and they will be changing on a regular basis. Here are some of the kinds of deals that you could soon be getting:

• NBA Cup Odds Boost Token (Expires and Refreshes Daily) – Get an odds boost token and use it on any College Basketball bet. Get a bigger payout if you win.
• Pro Football No Sweat Token (Expires and Refreshes Daily) – Get an odds boost token and use it on any College Football bet. Same payout rules as above.
• EPL 2 Up Early Payout (Expires on December 31st 2025) – This deal will simply settle your Premier League soccer bet as a win if your chosen team goes two goals ahead.
• Second Chance TD Scorer (Expires on February 8th 2026) – So if you bet on a football player to score the game’s first TD but they fail and then score the second one, you’ll get your stake refunded.
• Refer-a-friend bonuses (Ongoing) – Both you and your friend could be rewarded with $100 in promo credit if you manage to get your friend to sign up to BetMGM using your unique referral code

As well as the above promos, it’s worth noting that BetMGM has a cool feature called Select Your Squad. Here you can just tell the sportsbook who your favorite team is, and then the brand will create a bunch of promos based around that team.

Pros and cons of the BetMGM bonus offers

Pros:

• Massive $1,500 welcome offer
• Available in 22 states + D.C.
• No promo code required

Con:

• Bonus only applies if first bet loses

Are these BetMGM bonuses legit?

Rest assured that BetMGM bonuses are 100% legit. After all, it is one of the best-known online sportsbooks in the nation and it is fully licensed and regulated in each state that it operates in.

Plus, it’s nice to see that BetMGM has a transparent list of terms and conditions accompanying each deal so that you know exactly what it is that you are getting. BetMGM Sportsbook review is a great read to learn more about the features, app, odds and more.

Where is the BetMGM sign up bonus available?

It’s important to understand that BetMGM’s offers will change according to where you are betting from. For example, the BetMGM Michigan promo offer and the PA promo offer are very different from something like the OH offer. Though in all three cases, you can get a bonus without needing a promo code. Here’s a quick overview of what you could be getting in your state:

How does the BetMGM offer compare with other sports bonuses?

It’s important to remember that BetMGM will be in competition with many other online sportsbooks, and nowhere is this battle more evident than in these brand’s welcome offers. So check out this table to see what sign up bonuses you can get from five of the biggest sportsbooks in the US:

Is the BetMGM Bonus Code right for you?

By now you should have a solid understanding of what the BetMGM welcome bonus is and you’ll know how it compares to the market's best sportsbook promos. So let’s have a quick recap of the main pros and cons of this deal:

Who’s it for?

This is only available for new customers in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Missouri,  Massachusetts, North Carolina, Ohio, Tennessee, Virginia, West Virginia, Wyoming, Mississippi, and Washington, D.C.. Other deals are available in Michigan, Nevada, New Jersey, New York and Pennsylvania. You’ll have to be at least 21 years old to sign up to BetMGM, except for in Kentucky, Wyoming and Washington DC where the age limit drops down to 18 years.

What stands out?

This is easily one of the biggest sportsbook bonuses on the market, and it’s nice to find that it’s usable on all sports, on all bet types and that there aren’t any minimum odds requirements.

What’s missing?

My only real complaint here is that you obviously won’t get your bonus if your first bet wins. But if you're winning, it doesn't matter too much.

BetMGM responsible gaming features

Not only does BetMGM put on a wealth of special offers, but it also gives you a variety of tools that you can use to help keep your sports bets in check. For example, you can apply limits to things like your spending, deposits, losses and even session time.

There is also the option to have time-outs or permanently close your account. You can find all of this in the GameSense section of the sportsbook’s site, and it’s a good idea to check these before you make your first deposit.

Conclusion: Final thoughts on getting a BetMGM bonus code 

BetMGM has done a spectacular job with its welcome offer, and it is easily one of the biggest deals on the market. While it only comes into effect if your opening bet loses, it should give you a fair amount of extra confidence when using this sportsbook for the first time.

Plus with many more deals for existing customers, you should have all of the reasons you need to sign up to BetMGM and start betting. So, ready to give it a try? You can use the banners on this page to create your BetMGM account today.

BetMGM promo code FAQ