How BetMGM Bonus Bets Work

by Nick Goodling (NickGoodling) Last Updated 2025-04-14T16:07:53

Any sign-up promo in the sports betting industry revolves around bonus bets, and this includes both BetMGM bonus codes. Bonus bets are essentially on the house money BetMGM credits your account with so you can try your hand at winning without needing to throw your money on the line.

There are two different BetMGM bonus codes you can choose between when you sign up for an account.

The first is , which allows you to claim this offer:

Updated on 5/4/25

BetMGM

Bet $10 Get $150 in Bonus Bets if You Win!

Bonus Code

GRINDERSGET

Claim $150

21+. Gambling problem? Call 1-800-GAMBLER. Offer available in CO, MI, NJ, PA, WV. Please Gamble Responsibly. Participant must complete the Wagering. Bonus Bets Expire in 7 Days. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.

The other code is  , and this gets you the following offer:

Updated on 5/4/25

BetMGM

Get a 20% Deposit Match up to $1,600 in Sports Bonus!

Reveal Bonus Code

claim your code right here

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IN, KS, KY, MA, MD, MI, NC, NJ, PA, TN, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Deposit Match unavailable in IL, LA, OH and VA. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.

To begin signing up with either offer, you can click an offer module above or linked text corresponding to your promo. You’ll need to enter the proper code to be enrolled in your offer during sign-up. Keep reading to see how bonus bets work across each BetMGM bonus code.

How BetMGM bonus bets work if you use bonus code GRINDERS

Most notably, BetMGM offers a North Carolina betting promo code   that includes the offer:  .

How BetMGM divides your bonus bets depends on the amount of your first bet. If your first bet is less than $50, BetMGM only gives you one bonus bet equal to the amount you lost. So if you unsuccessfully bet $30 after signing up, you’ll get one $30 bonus bet.

If your first bet was more than $50, BetMGM will give you five bonus bets. Each bonus bet equals 20 percent of the amount you wagered. For example, if your first bet was $200, you’ll be given five bonus bets each worth $40 since 20 percent of $200 is $40.

Each bonus bet you get expires seven days after being credited to your account. When you’re in your betslip after putting a wager in it, you can access your bonus bets and choose to use one of them as your stake instead of your own money.

How BetMGM bonus bets work if you use bonus code

The code makes it so the amount of sports bonus you unlock is equal to 20 percent of your first cash deposit up to $8,000. This means you can get a maximum amount of $1500 in sports bonus.

Each dollar of your sports bonus is able to be wagered however you want. BetMGM doesn’t determine how many wagers your reward is split into, meaning you can wager your sports bonus in endless amounts of ways.

After you receive your sports bonus, a 30 day countdown begins where you must satisfy a 10x wagering requirement. This means you must wager 10x the amount of sports bonus you got from your deposit match. So if you got $250 from BetMGM’s deposit match, $2,500 is the amount you must wager over the next 30 days.

The consequence of not satisfying this wagering requirement is any remaining sports bonus after 30 days expires. Additionally, whatever winnings you earned by using your sports bonus as your stake expire before you’re able to withdraw them as cash.

Bet $10 Get $150 in Bonus Bets offer terms:

20% Deposit Match up to $1,600  offer terms:

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