Welcome Bonus

21+

BetMGM First Bet Offer $10 Get $150 in Bonus Bets

Sportsbook Review

Medium

to obtain

wagering req.

7 Days

wagering period

$10

min. entry

sportsbook Review

Get bonus

Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

About the First Bet Offer

The BetMGM First Bet offer is structured as follows: a first wager of at least $10 is required, and if the bet wins, the bettor is credited up to $150 in bonus bets. The bonus is intended for first-time bettors who have not previously claimed any bonus offers on the platform.

The bonus is segmented into bonus bets rather than a direct cash credit. In this instance, once the qualifying wager is placed and won, the bonus is applied as $150 worth of bonus bets.

Registration, identity verification, and compliance with regional sports betting regulations are prerequisites for participation.

Claim BetMGM First Bet Offer

Pros & Cons

Pros

New bettots receive $150 in Bonus Bets if their first bet wins, providing a significant incentive to join.

The promotion offers flexibility, allowing the Bonus Bets to be used across a wide range of sports.

It lowers the entry barrier for new bettors by offering a reward on a minimal initial wager of $5. The process to claim the offer is straightforward, requiring only a $10 deposit and a bet of $10 to qualify.

Cons

Bonus Bets cannot be withdrawn or redeemed for cash, limiting their use strictly for betting.

Any winnings from Bonus Bets do not include the stake amount, which could affect the total return.

The offer is subject to quite a few terms and conditions that might be restrictive for some users.

Bonus Bets expire within seven days, which puts a time constraint on their usage.

How to Claim the First Bet Offer

To claim the Bet $5, Get $150 offer from BetMGM, new bettors need to follow a specific set of steps.

Step-by-Step Guide:

Download the BetMGM Sportsbook app on iOS or Android, or visit the BetMGM website.
Register for a new account by providing the required information, including personal details and account preferences.
Deposit a minimum of $10 into your BetMGM account.
Place your first bet of $10 or more at standard odds.
If the bet wins, you will receive $150 in Bonus Bets.

Popular Rewards Program

Go to Website

icon-21+

CAD

USD

6895

User reviews

$10

Min. First Deposit

Varies

Max. Withdrawal

1-5

Withdrawal Speed

1-4.7%

Vig

BetMGM First Bet Offer $10 Get $150 in Bonus Bets

Get bonus

Terms & Conditions

Understanding the terms and conditions is crucial for anyone interested in claiming the "Bet $5, Get $150" offer. These rules outline the eligibility criteria, promotional period, and specific requirements to claim and use the bonus effectively.

Key Terms and Conditions:

Eligibility is limited to new BetMGM Sportsbook bettors who are in AZ, CO, DC, MA, MD, MI, NC, NJ, PA, VA, or WV; and are at least 21 years old.
Participants must deposit at least $10 and place a qualifying bet of $10 at standard odds.
Bonus Bets are credited if the first bet's outcome is a win.
Each Bonus Bet must be used in a single wager and cannot be split between various bets.
Bonus Bets cannot be redeemed for cash or withdrawn.
The promotion is not available in conjunction with any other welcome offer or "New Customer" sports promotion offer.

Gambling problem? Call 1-800-GAMBLER (Available in the US)

Call 1-877-8-HOPENY or text HOPENY (467369) (NY)

Call 1-800-327-5050 (MA)

21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel.

Final Thoughts

The "Bet $5, Get $150" offer by BetMGM presents an opportunity for new bettors. While the promotion offers a significant incentive, it is accompanied by a set of terms and conditions that require attention. The success of such a promotion lies in its ability to balance the appeal to new bettors with the practical aspects of betting restrictions and requirements. As with any promotional offer, potential bettors are advised to fully understand the terms and conditions to make the most out of their initial sports betting experience with BetMGM.