Get the Latest BetMGM Promo Codes

Updated on Apr. 16, 2024

This BetMGM promo code is giving new sportsbook users the chance to get up to $1,500 in first bet insurance.

Bonus Bets
Get Up To $1500 in Bonus Bets
BONUS CODE MLIVEMGM
Bonus typeFirst Bet Insurance
Bonus codeMLIVEMGM
Bonus amountUp to $1,500
Available in these statesAZ, CO, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, PA, TN, VA, DC, WV, WY.
Minimum deposit$10
Wagering requirementsN/A
Deposit methodsCredit/debit cards (Visa, Mastercard, Discover), PayPal, online banking, MGM Rewards Mastercard, VIP Preferred, PayNearMe, cash cage, wire transfer, BetMGM gift card, Play+ card. 

Table of contents

BetMGM bonus code and welcome bonus for new users

BetMGM welcome bonus

New players at BetMGM Sportsbook Michigan can get their first bet’s stake back up to $1,500 if it loses by using promo code ‘MLIVEMGM‘.

Begin by depositing $10 or more. Then, place your first cash wager of at least $5 on any market. If it loses, you’ll get your stake back up to $1,500.

If you happen to win a wager using your bonus bets, know that only your net winnings will be awarded, not the bonus bet stake itself. You will have seven days to use all of your bonus bets before they expire.

Get Up To $1500 in Bonus Bets

*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

How to access the BetMGM welcome bonus

Registration process for BetMGM

To access the first bet insurance BetMGM Sportsbook promo, you must create an account and deposit at least $10. During the registration process, you will need to enter the bonus ‘MLIVEMGM’ when prompted. After this, make your first wager of at least $5 and wait to see if it wins or loses.  

BetMGM promos for existing users

In addition to the welcome bonus, BetMGM offers an impressive group of promos that existing players can use that do not require a BetMGM bonus code. Here are all the promos you can take advantage of: 

Current BetMGM promotions

Five offers are available to existing players at BetMGM, but most are the same offer, just for multiple sports. 

BetMGM refer-a-friend program

Multi-Sport Parlay Boost Token: Create a parlay wager that contains multiple sports to receive a 33% Profit Boost within this offer. 

NHL Odds Boost Token: Net a larger payout on your NHL bet. Earn a 25% bigger payout if your NHL wager wins.

Top First Touchdown Odds: BetMGM is offering top odds for First NFL TD markets during pro football primetime games.

Referral program: When you send friends (up to 20) your exclusive BetMGM Sportsbook promo link, you can receive up to $50 in bonus bets for the online sportsbook. To qualify, your friend must sign up using your link and complete the wagering requirements (1x) on their bonus of $50. 

Get Up To $1500 in Bonus Bets

*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

Comparing BetMGM sign-up bonus offer

Michigan has numerous online sportsbooks, but some stand out more than others. 

Examining the welcome offers, BetMGM’s first bet insurance offer is amongst the best in the business.

Compared to DraftKings, it comes down to how you want to enjoy these platforms.

For example, DraftKings has an accessible offer that is also suited for new players.

Below, we’ll add three of the best online sportsbooks to a table and review important details about their respective welcome bonus for you to compare with BetMGM. 

Sportsbook
bonus
Bonus amountMinimum depositExpiration of betsHow bonus is awarded
Caesars bonusUp to $1,000$1014 daysGet first bet insurance up to $1,000
FanDuel
bonus
$150$514 daysBet $5, get $150 in bonus bets
DraftKings
bonus
$200$57 daysBet $5, Get $200 in Bonus Bets Instantly + a No Sweat NBA SGP every day of 2024 NBA Playoffs.

FAQs

Is BetMGM available in my state?

BetMGM is available on desktop and mobile apps (iOS and Android) in the following states: AZ, CO, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, PA, TN, VA, DC, WV, WY.
If your state isn’t listed above, BetMGM Sportsbook does not yet operate there. 

When can I withdraw my betting bonus from BetMGM?

With bonus bets, you’ll never be able to withdraw them as cash. Instead, you can withdraw the cash winnings the bonus bet produces. For example, if you have a $10 bonus bet and wager on a contest with +100 odds, you’ll be able to withdraw the $10 winnings as opposed to the $20 sum ($10 stake and $10 winnings).

Why should I download BetMGM Sportsbook?

BetMGM Sportsbook offers a fantastic mobile app to Michigan bettors. While it’s not required to download the mobile app to play, having the mobile app allows you to wager on anything so long as you’re located within the borders of Michigan. 

Does BetMGM have an online casino?

Yes. BetMGM Michigan does have an online casino. New players will receive a 100% deposit bonus worth up to $1,000 and $25 in FREEPLAY credits. 

How old do I have to be to redeem the BetMGM bonus?

To wager on games in Michigan, you must be 21 years old.

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