BetMGM Bonus Code ACTION Offers $1,000 Bonus Bet for Wednesday

BetMGM Bonus Code ACTION Offers $1,000 Bonus Bet for Wednesday article feature image

BetMGM bonus code ACTION offers a $1,000 bonus bet as a sign-up bonus for any Wednesday game, including the World Series, MAC football, Champions League and more.

If you're in Kansas, Louisiana or Illinois, bonus code ACTIONNBA nets $200 in bonus bets if the team you bet on the moneyline hits a single 3-pointer. You'll want to use that offer if you're in one of those states.

If you're in Ohio, you can pre-register with BetMGM and get $200 in bonus bets with bonus code ACTIONOHIO. The state will go live with sports betting on Jan. 1, 2023.

Let's dive into how each offer works.

Please note that there are no new-user offers available in New York.

StateCode
ArizonaACTION
ColoradoACTION
IndianaACTION
IllinoisACTIONNBA
IowaACTION
KansasACTIONNBA
LouisianaACTIONNBA
MichiganACTION
MississippiNone
New JerseyACTION
NevadaNone
New YorkNone
OhioACTIONOHIO
PennsylvaniaACTION
TennesseeACTION
VirginiaACTION
West VirginiaACTION
WyomingACTION

Bonus Bet, Explained

Once you're all registered and used bonus code ACTION at checkout, you'll get a $1,000 bonus bet.

But BetMGM doesn't really say you have a bonus bet — you just need to make your first bet, and if it loses, you'll get refunded the same amount you lost in bonus bets.

Here's an example: I deposit and bet $100 on the Flyers at +250 against the Maple Leafs on Wednesday night.

Here's how it can go:

  • If Philly wins, I pocket $250, and keep the original $100.
  • If Philly loses, I get $100 back in bonus bets.

Pretend the Flyers lose, and you have the bonus bets. What happens now?

The best way to do that is by betting on plus-money wagers, because you're getting more expected value.

So let's say you take your $100 in bonus bets, which MGM should split up into $20 increments, and bet all $100 on the Texans moneyline on Thursday Night Football at +525. That's where it's priced as of Wednesday morning.

If the Texans win, you profit $525, but don't keep the $100 in bonus bets. So you'll have $525 in your account you can now withdraw or continue betting, after depositing $100.

If the Texans lose, you end up with nothing.

That's why these offers aren't really guaranteed. You can lose your entire deposit, though it's unlikely if you split the bonus bets up and don't bet them all on one thing.

How ACTIONNBA Works

ACTIONNBA is available for all new BetMGM users in Kansas, Illinois and Louisiana. You'll get $200 in bonus bets if you bet any NBA team on the moneyline and that team hits a single 3-pointer.

BetMGM will split it into four, $50 bonus bets. Again, we always recommend betting plus-money with bonus bets.

Keep in mind that you just need any NBA game to unlock the $200 in bonus bets. So even if you're not a basketball fan, you should use it, then you can use the $200 on anything you like — MLB, NHL, soccer, CFB, etc.

Offer Details & Signup

Signing up at BetMGM is simple:

  1. Click here to signup.
  2. Use ACTION or ACTIONYARD at checkout
  3. Enter your personal info. You may be asked for the last four digits of your social security number, which is needed to verify your identity.
  4. Deposit at least $10

Then depending on which offer you chose, you'll unlock $200 in bonus bets through 1+ 3-pointer in an NBA game, or a $1,000 bonus bet to use on your first wager.

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