The NFL season may be over, but with March Madness on the horizon and the MLB season (hopefully starting soon), there is still plenty for bettors to get excited about. Naturally, finding promotions to maximize your chances of making money this year should be a priority, and BetMGM has a great one. They’re offering new users a $1000 risk-free bet.
BetMGM are a new player in the market and as a result, their sign-up offer is competitive. MGM has focused its attention on brand awareness since expanding to the sports-betting arena, and it’s working wonders. You’ll probably best know them thank to people like Jamie Foxx endorsing the product.
How to claim
- Click the link here to create an account and fill in all the required information, such as your name, address, and age. (You must be 21+ years of age)
- Deposit up to $1,000 and place a bet on the event of your choosing.
- If the bet loses, BetMGM will refund you your initial stake in site credits.
Unlike other competitors, the BetMGM offer is a little more complex. If your first bet is over the value of $50 and loses, your free bet will be given out across five different bets. If your first bet is under $50 and loses, they’ll give you one free bet matching that value.
If you bet $1,000 for instance, you’ll receive five free bets worth $200 each. If you bet $30, you’ll receive one free bet of $30
This isn’t the worst thing in the world, but it’s definitely a hurdle if you’re a higher stakes gambler who wanted one big free bet to use, or to simply try to take it out from the account immediately, as it’s going to require some extra legwork and re-staking to turn it into a tangible cash balance.
BetMGM Sportsbook offer a wide range of deposit methods, varying from direct deposits from Visa, Mastercard, and American Express, to online wallets such as PayPal and Skrill. Deposits are instant and there are no transaction fees.
Withdrawal times can take at least two banking days, as is the case with most
BetMGM might be a new player in the game, but it doesn’t mean they’re unprepared. Their app/site layout is simplistic and offers plenty of value to customers. From in-app live streaming of events you bet on, to weekly promotions that actively seek to reward regular customers as opposed to limit them for new sign-ups like other sportsbooks, it’s easy to see why people like Jamie Foxx are more than happy to become ambassadors.
They’ve also just added the ’one game parlay’ feature to most games across the top five sports in America. It enables users to attach multiple markets from the same game into the same bet, which is still pretty hard to do in a lot of places.
For instance, you could have James Harden to score 27+, Tyrese Maxey to score o3.5 three-pointers, and the Sixers -6 in the same bet, maximizing your odds in the process.
This is similar to what we’re seeing from other books, but not everyone has it yet. It’s encouraging to see MGM wanting to jump in on the action and not be seen as a book that gets left behind.
BetMGM also host casino and poker options that utilize the same account, so there’s an easy transition between the tabs and no extra sign-up is needed if you want to explore that area.