How BetMGM Bonus Bets Work
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’s one BetMGM bonus code you use when you sign up for an account:
Updated on 10/18/25
To begin signing up with that 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 our bonus code
Most notably, BetMGM offers a North Carolina betting promo code
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.
Not sure where to start? Our BetMGM picks can help guide your first move.
Follow Every TD and HR While Using Bonus Bets Strategically
BetMGM and RotoGrinders X accounts make it easy to stay connected to the most exciting plays in the NFL and MLB—TDs and HRs are delivered right to your feed, along with who scored, the game score, and the BetMGM odds.
Similarly, BetMGM bonus bets give you extra ways to engage with the action. These bonus funds let you place wagers without risking your own money, and you can use them on a variety of markets. By following the alerts for every touchdown or homerun, you can time your bonus bets strategically—placing wagers on the games that excite you most.
Just like fans share their betslips to celebrate a win or express regret, using bonus bets wisely lets you experience the thrill of the game while stretching your bankroll. Understanding the rules and timing of your bonus bets ensures every play—on the field and in your account—counts.
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