You can sign up for a BetMGM sportsbook account and use one of the available BetMGM bonus code options to claim a welcome promotion today. Sign up for an account using this link.
Our exclusive offer is a 20% deposit match that is activated using the BetMGM bonus code LABSNEWS1600. The upper limit for this promotion is $1,600 in sports bonus, and getting that amount requires a deposit of $8,000 or more. One crucial restriction with this promo is the 10x rollover requirement. That means you must bet 10x what you get in sports bonus within 30 days to withdraw your cash winnings.
There is another BetMGM promo you opt for instead of the deposit match, which is unlocked by the BetMGM bonus code LABSTOP. This offer banks first bet insurance, worth a maximum of $1,500. Place your first bet, and if it loses, the bet insurance kicks in, and grants you bonus bets equal to your initial wager, up to $1,500.
BetMGM Sportsbook is available in the following states: AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, and WY.
Register and activate BetMGM bonus code
- Get started at BetMGM by clicking here or utilizing one of the sign-up modules on this page.
- Enter all required personal information to create a new BetMGM Sportsbook account.
- Input one of the BetMGM bonus codes when prompted. BetMGM bonus code LABSNEWS1600 delivers a 20% deposit match, while BetMGM bonus code LABSTOP grants the first bet insurance deal.
- Add cash to your BetMGM Sportsbook account. The minimum deposit is $10. If you choose the 20% deposit match, you get 20% of the amount you first deposit as sports bonus, up to $1,600.
- Place your first bet on any available sports betting market. With the bet insurance, you can get up to $1,500 in bonus bets back if your first bet loses.
How to use the BetMGM bonus code LABSTOP
Once you sign up with the BetMGM bonus code LABSTOP, there is lots of value to be had from the first bet insurance. One way to do maximize the value of this BetMGM promo is to bet the full $1,500 on an underdog market of your choosing. You will retain your cash stake if you win, as well as receive a lot of profit. If you lose, then you still get $1,500 in bonus bets that you can use to place more bets at BetMGM Sportsbook.
A game that works for this purpose is tonight’s Phillies-Dodgers contest. The Phillies (67-46) are listed as +120 road underdogs against the Dodgers (66-48), but with two of the best teams in the MLB facing off, both teams have a good chance to win here.
Philadelphia is No. 7 in runs per game this season, with an average of 4.86, and they face Dodgers’ starter Gavin Stone, who gave up four runs on nine hits in 4.2 innings pitched when he faced these same Phillies on July 10. On top of that, the Phillies have already shown that they can beat the Dodgers on the road, as they won the middle game of this three-game series, 6-2, yesterday.
Here are the two potential outcomes if you decide to bet $1,500 on the Phillies to defeat the Dodgers tonight:
- If the Phillies win, you get $1,800 in profit and keep the $1,500 that you wagered, for a total of $3,300. You get no bonus bets from the promotion with a winning bet.
- If the Dodgers win, you get $1,500 in bonus bets back from the BetMGM promo.
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