BetMGM bonus code RGTOP: Unlock $1.5K first bet insurance before betting on any Sunday market

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You won’t find a sportsbook offering a larger amount of first bet insurance to new players than BetMGM with the BetMGM bonus code RGTOP. Rather than insure your first bet up to $1,000 like most sportsbooks, BetMGM allows your first bet to be up to $1,500.

Because your first bet is insured, you’ll get bonus bets credited to your account equal to the amount of your wager if it loses. There’s also the BetMGM bonus code RG1600 for a 20% deposit match bonus you can choose instead if you’d rather. I dive further into this promo at the end of this article.

Examples of to use your $1,500 first bet offer Sunday after signing up with the BetMGM bonus code RGTOP

There are a few sporting events I’ll be tracking Sunday, and any of them will offer good opportunities for your first bet to be placed on BetMGM. One event I’ll be tracking especially close is the running of the Enjoy Illinois 300 in NASCAR.

One driver I think due for an excellent day is Martin Truex Jr. He has odds of +800 to win and odds of +260 to place in the top three, and 1.25 and 1.5 mile tracks are always where I expect Truex to perform best given his career track record. St. Louis is a 1.25 mile track. If you bet less than $50 on Truex to finish top three, you’ll either get a bonus bet back equal to your loss or win your bet.

Another driver I’m keeping an eye on is Tyler Reddick, who always has one of the fastest cars in the field and is due for a podium finish. If I bet more than $50 on Reddick finishing top three at +300 odds, I’ll either get a very nice payout or five bonus bets each equal to 20% of the amount I lost. All bonus bets issued by BetMGM expire after seven days.

What the BetMGM bonus code RG1600 can do for you instead

The second bonus code BetMGM allows you to choose instead of their first bet insurance offer is a 20% first deposit match. You can deposit up to $8,000 in cash and get 20% of that amount in sports bonus from BetMGM.

Before you sign up, you should know a lofty 10x wagering requirement comes with this promo. If you aren’t going to be able to wager 10x the amount of sports bonus you earned within 30 days, it’s not worth it, as your sports bonus and winnings will expire.

But if you’re someone who plans on wagering a lot over the next month and can satisfy the wagering requirement, you may be able to get use out of this deposit match.

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.

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About the Author

NickGoodling
Nick Goodling (NickGoodling)

Nick Goodling is a Content Writer for Better Collective U.S. He previously wrote about the NFL and crafted article ideas for fellow writers for Sportskeeda.com during the 2021 season through the 2022 draft. He provides betting advice on the NFL, NBA and NASCAR, while also writing about a wide array of sportsbooks.