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BetMGM and Caesars Sportsbook are now live in the District with generous welcome offers for new users. Whether you’re a Nationals fan or a long suffering Wizards head, you now have two of the longest serving American sportsbooks available.
BetMGM D.C. Promo
BetMGM is one of America’s longest lasting sports betting brands that has slowly made the transition from traditional lounges and in-person sportsbooks to online wagers.
Currently, BetMGM has two national offers: a 20% deposit match capped at $1,600 or a $1.5K bet insurance offer. With the first promotion — that you can activate here — you’ll get just under a fourth of whatever you deposit in cash credited to your account as sports bonuses. From there, you’ll need to meet a 10x wager requirement.
20% Deposit Match — up to $1,600
So with a $100 cash deposit, you’d get $20 in accessible sports bonuses. From that point, you’d have 30 days to wager $200 in cash as part of the wager requirement.
The second offer is more direct, just place a cash wager of $1,500 or under and get the value of that wager back if you lose. Activate that offer with this link.
$1.5K First Bet Insurance
Caesars Sportsbook
The Caesars Sportsbook promotion will look familliar as well. Place any cash wager of $1K or under and get that value back as a bonus bet if you lose. One notable difference here, unlike BetMGM or other similar operators, you’ll just get one bonus bet, equal to the value of your wager, with this promotion. It cannot be broken down or used incrementally.
Get started with that offer using this link.
Washington D.C. promo markets
The Nationals host the Reds on Friday afternoon in what will likely be a competitive match. In the WNBA, the Washington Mystics take on the Minnesota Lynx on Thursday night in the Target Center.
Both the bet insurance offer ($1.5K for BetMGM and $1K for Caesars Sportsbook) present a good opportunity for a wager on an underdog. To maximize your value with either promotion, you can bet on an underdog market. If it hits, you’ll collect a nice profit. If that wager loses, you’ll get the value of your initial cash stake back as bonus bets.
With the deposit match promotion, you’ll need to meet a 10x wager requirement. Thus, you’ll either want to chip away at that slowly over the 30-day period or wager the full amount up front to ensure you maintain eligibility.
If you claimed the BetMGM bet insurance offer and wagered $220 in cash on the Nationals moneyline (+100), you would either get $220 in profit with a win (plus you’d keep the cash stake) or forfeit the cash and get that amount back as bonus bets.