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One of America’s most enduring sports betting brands, BetMGM, currently has a dual offer available for players in 19 states.
Sign up with the BetMGM bonus code TRIB1600 to unlock a 20 percent deposit match with a $1.6K cap or use the BetMGM bonus code TRIBUNENEWS to claim a $1.5K bet insurance offer.
With the bet insurance offer, you’ll get the value of your cash stake back as bonus bets if you lose — up to $1,500. The deposit match is a bit different. You’ll get 20 percent of whatever cash you deposit credited to your account as sports bonuses — not exceeding $1.6K — plus there’s a 10x wager requirement over the first 30 days.
Say, for example, you put down $200 in cash after claiming the deposit match. You’d then get $40 in sports bonuses credited to your account. In practice, the sports bonuses function like bonus bets. From that point, you’d have 30 days to wager $400 or forfeit your eligibility.
To get started, you can use the hyperlinks and corresponding bonus codes or click on the modules below.
Eligibility requirements
- Must be 21 or older to claim either promotion
- New customers only
- Must be present in legal BetMGM state (residency not required)
- $10 cash deposit required regardless of promotion
- Any credits are valid for seven days from distribution
20 Percent Deposit Match
$1.5K First Bet Insurance
Signing up with BetMGM
- Use either of the modules or the hyperlinks above to access BetMGM
- When prompted, input the relevant bonus code (TRIB1600 for deposit match, TRIBUNENEWS for bet insurance)
- Sign up for an account with relevant personal details (home address, birthdate, etc.)
- Make a cash deposit of at least $10, regardless of wager
- You’re ready to wager
Wagering with BetMGM
While both welcome promotions offer users a solid entry point into sports betting, each has an ideal use case. With the bet insurance offer, a wager on an underdog can prove fruitful while the deposit match offer is more suited for periodic bets with the wager requirement.
We’ve outlined some potential betting options for players in the subsections below.
$1.5K First Bet Insurance
As mentioned, this offer is ideal for players looking to bet on an underdog. If you win, your profit will be substantial and if you lose, you’ll recover your cash stake as bonus bets.
For example, if you wagered $230 in cash on the Mavericks moneyline at +162:
- You’d earn$372.60 in profit with a win, plus you’d keep your cash stake.
- If your wager lost, you’d get $230 in bonus bets credited to your account.
20 Percent Deposit Match — up to $1.6K
Given that this offer has a 10x wager requirement over 30 days, you don’t need to rush anything. Say you deposit $250 in cash, you’d earn $50 in sports bonuses. From that point, you’d have 30 days to wager $2,500 in cash or you’d forfeit the sports bonuses.
You could choose to wager that amount all at once or chip away at it over the 30 days, whatever works best for you.
If you put down $100 in cash on KAT as the First FG Scorer at +600, you’d get $600 with a win. If you lost, you’d forfeit the $100 stake and have $2,400 to wager.
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.
