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BetMGM is one of the longest-serving American sports betting sites and with the current dual offer structure in 19 states, it’s easy to see why. You can use the BetMGM bonus code TRIB1600 to claim a 20 percent deposit match with a $1.6K cap or sign up with the BetMGM bonus code TRIBUNENEWS to get a $1.5K bet insurance offer.
Both of these offers are available in 19 states (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY) with the specified bonus codes.
The deposit match promotion has some specific nuances to keep in mind. First, since it’s a fractional deposit match with a $1.6K cap, you’d have to put in $8K in cash to reach the maximum. Additionally, this offer has a 10x wager requirement so you’d need to bet 10 times the amount you earn in sports bonuses, within 30 days to maintain your eligibility.
If you put in $1400 in cash, you’d get $280 in sports bonuses (1400 x 0.2). From there, you’d need to bet $2,800 in total over the following 30 days to maintain your eligibility.
The bet insurance offer will be more familiar to most readers. You’ll get the value of your first cash wager back as bonus bets if you lose — up to $1,500.
You can get started at BetMGM with the hyperlinks above, or use the modules below. The bonus codes should populate, but if not, input the corresponding bonus code based on which offer you want to claim.
20% Deposit Match — up to $1.6K
$1.5K First Bet Insurance
Eligibility
- New customers only
- 21+ only eligible
- $10 cash deposit required for either promotion
- 10x play-through requirement for deposit match
Any bonus bets earned from either offer will be distributed shortly after bet settlement and will remain valid for seven days from the point of distribution.
Sign up steps
- Use one of the modules above or the hyperlinks to access BetMGM landing page
- When asked, input the relevant bonus code (TRIB1600 for deposit match, TRIBUNENEWS for bet insurance)
- Finish your account with relevant personal details (home address, birthdate etc.)
- Make a cash deposit, if you claim deposit match, you’ll get 20% of whatever cash you put down as sports bonuses
- Review and approve T&Cs
- You’re free to wager
Wagering with BetMGM
We’ll outline the best possible uses for both offers in the paragraphs below.
For the deposit mach offer, you’ll need to meet the 10x wager requirement. Thus, you might as well wager all your sports bonuses up front to help meet the wager requirement.
So, if you deposited $140 in cash, you’d get $28 in sports bonuses. From that point, you’d have 30 days to bet $280 in total. You can wager the full $28 in sports bonuses up front if you want or save it. Regardless, the sports bonuses will expire within seven days of distribution.
On the other hand, the bet insurance promotion is well-suited for players eyeing an underdog for a wager. If your bet on the dog wins, you can maximize your profit. If the bet loses, you’ll get the value of your cash wager as bonus bets.
So, if you put down an initial cash wager of $175 on the Pacers moneyline at +310:
- With a win, you’d earn $542.50 in profit plus you’d keep the $175 stake
- With a loss, you’d collect $175 in bonus bets
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.