BetMGM is a powerhouse of American sports betting, so it comes as no surprise that the company currently has one of the most unique promotional structures of any sports betting site.
The BetMGM bonus code TRIB1600, used in conjunction with this link, will unlock a 20 percent deposit match with a $1,600 cap. So, to max out here you’d need to put down $8,000 in cash. If you put down $100 in cash, you’d collect $20 as sports bonuses. Additionally, this offer has a 10x wager requirement so if you deposited $100 and got $20 in bonuses, you’d need to bet $200 over the next 30 days. If you max it out and get $1,600 worth of bonuses, you’d have to wager $16,000.
Conversely, you can use the BetMGM bonus code TRIBUNENEWS and this link to unlock a $1,500 bet insurance offer. With this offer, you’ll get your full stake back in bonus bets if your first cash wager settles as a loss.
Both of these promotions are available in 18 states (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY).
- Both offers are only for new customers
- Only players who are 21 or older are eligible
- You need to be present in a legal BetMGM state to claim either offer
- Cash deposit of $10 is required to register your account
- Bonus bets earned from either offer are only valid for one wager a piece
About the BetMGM bonus code offers
With the bet insurance offer, it behooves you to put down a cash stake on an underdog to maximize your potential profit. If you win, you’ll collect an outsized profit and if you lose you’ll get the value of your cash stake as bonus bets shortly after your wager settles.
For example, if you claim the bet insurance offer and put down $310 in cash on the Bucks moneyline at +182. You’d earn $564.20 in profit if Milwaukee won and if they lost, you’d collect $310 in bonus bets that can be used for any additional wager.
Even if you win on a bonus bet wager, they will not be included in your payout.
The deposit match, on the other hand, dolls out bonus bets without an actual cash wager. Say you put down $400 in cash, you’d get $80 as sports bonuses. From that point, you’d have 30 days to wager $800 in total.
Since you have a wager requirement to meet, you could potentially put down the full $80 as sports bonuses on the Bucks to cover the +5.5 spread (-110) to get things started. A win would earn you $72.73 in profit but regardless of how it settles, you’re on your way to meeting the wager requirement.
Signing up with BetMGM
- Use one of the links above to access the BetMGM offers
- When prompted, input one of the bonus code TRIB1600 or TRIBUNENEWS
- Review and approve the T&Cs
- Make a cash deposit of at least $10 to register your account
- You’ll get 20 percent of whatever cash you deposit with the match offe
- Place a cash bet to trigger the bet insurance offer
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.
