BetMGM, one of America’s premier sports betting brands, has a unique dual offer structure in 18 states. You can use the bonus code TRIB1600 to unlock a 20 percent deposit match with a $1,600 cap or use bonus code TRIBUNENEWS to unlock a $1,500 bet insurance offer.
With the deposit match, you’ll need to put down $8,000 in cash to max out at $1,600. Additionally, that offer has a 10x wager requirement over the first 30 days of activation.
So if you deposited $200 in cash, you’d get $40 as sports bonuses. From that point, you’d need to wager $400 over the next 30 days.
The bet insurance offer is more direct. Place a cash bet and you’ll get that value as bonus bets if it loses. If you win, you’ll collect the profit but won’t earn any bonus bets.
As noted, both offers are available in 18 states (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY) so the bonus code you deploy will trigger one of the respective offers.
Keep in mind the principles below to ensure you’re eligible.
- Both offers are only for new customers
- Must be 21 or older to claim this offer
- Cash deposit of at least $10 is required to trigger either offer
How to activate the BetMGM bonus code offers
Say you claim the deposit match offer and put $320 in cash into your account. You’d get $64 as sports bonuses credited to your account.
If you put down the full $64 on a spread wager at -110, you could potentially earn $58.18 in profit with a win. That said, you’d still need to wager $576 in cash over the next 30 days to maintain your eligibility.
The bet insurance offer is a bit different. To maximize your value there, it’s best to put down your cash on an underdog or a futures wager. For example, the Thunder have +1200 odds to win the NBA Finals. If you put up $375 in cash on Shai and company to win, you would collect a substantial $4,500 if they won. That said, the competition is tough considering how well the Nuggets have played.
If OKC lost to Denver, you’d forfeit the cash stake but would shortly recoup your loses, getting $375 in bonus bets credited to your account.
Signing up with BetMGM
- Sign up with one of the links above
- 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 offer
- 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.
