BetMGM Bonus Code Awards a $1.6K Deposit Match or $1.5K First Bet for Copa America, Any Weekend Sports

New users can take advantage of a BetMGM bonus code for up to a 20 percent deposit match or $1.5K first bet insurance on soccer, MLB, or other events happening this weekend.

Choose from a 20% deposit match up to $1,600 by using BetMGM bonus code TOPTAN1600. This option requires an $8,000 deposit and a 10x rollover within 30 days.

Alternatively, you can opt for a $1,500 first bet at no cost using the BetMGM bonus code TOPACTION. If your initial bet doesn't hit, the first you will receive your stake back amount back in bonus bets.

For the first bet on the house offer, if your first bet loses, you'll receive the amount back in bonus bets. Keep in mind that your bonus bets are valid for seven days at BetMGM Sportsbook.

Continue reading to learn about the best approach to these offers after registration.

How to Use the BetMGM Welcome Offers

If you decide to go with the deposit match or the first bet offer, it's important to maximize your expected value. When taking advantage of the welcome offers from BetMGM sportsbook, using plus money bets can significantly boost your expected value.

Plus-money bets are bets where the potential winnings exceed the amount wagered. By strategically integrating plus-money bets into your betting strategy, you can enhance your overall expected value.

This method enables you to take advantage of favorable odds and potentially optimize your returns, ultimately maximizing the value of the welcome offers offered by BetMGM sportsbook.

One example from Friday's slate involves the Copa America group play matchup between Colombia and Costa Rica. Colombia is heavily favored, and the market is expecting two goals in the matchup.

However, Costa Rica is also not expected to score. So you can put all these notions together and take a correct score prop. Taking Colombia to win 2-0 is +360, and a likely outcome when you consider what the market is telling us.

A $100 wager on Colombia winning 2-0 at +360  would net you $360 in winnings. This type of wager works for your initial wager with BetMGM or one you can make with bonus bets.

Register for BetMGM Sportsbook

1. Click here and select your state. Click "Register" in the top right corner to begin registration.

2. Enter your details to create a new account: email address, name, date of birth, user ID, password, last four digits of your SSN (for verification purposes), phone number, and home address.

3. Accept the Terms & Conditions, set security questions, and confirm your age and eligibility.

4. Make an initial deposit using online banking, PayPal, a credit card, or another funding option.

5. You will get your first deposit matched 20% to unlock up to $1,600 in Sports Bonus with the BetMGM bonus code after successfully navigating the BetMGM login process.

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