BetMGM Bonus Code Unlocks 20% Deposit Match or $1,500 Insurance Bet for All Sporting Events

Head over to BetMGM Sportsbook to claim a sign-up bonus. If this is your first time using BetMGM, you can choose between a 20% deposit match or a $1.5K first bet on the house.

The BetMGM bonus code TOPTAN1600 unlocks up to $1,600 in sports bonus. It's a 20% deposit match, so you must wager $8,000 to earn the full $1.6K bonus. This offer features a 10x wagering requirement, so you must bet 10 times your bonus amount within 30 days before withdrawing.

If you don't like the deposit match offer, you can opt for a $1,500 first bet on the house. Use the BetMGM bonus code TOPACTION and wager up to $1,500 for your first bet. BetMGM provides a full refund in bonus bets if that first bet loses. You'll earn the bonus in increments of five.

BetMGM Sportsbook bonus bets are available for seven days. You can use them on any sporting event or market.

BetMGM Sportsbook Sign-Up Process

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.

How to Use BetMGM Bonus Bets on Sunday

The BetMGM deposit match offer instantly provides a bonus before you make your first bet. That's not the case with the first bet on the house, as we'll need to place a bet to unlock the potential bonus. We can use any event on Sunday to obtain our bonus.

Let's say you go for the first bet on the house offer and bet $1,000 on the Minnesota Lynx to defeat the Chicago Sky. A Lynx victory means you keep the profit but don't earn a bonus. If Chicago wins, you'll have $1K in bonus bets (five $200 bonus bets).

Now, you can decide how to use your $200 bonus bets. You can use them on Sunday or spread them throughout the week. Just make sure you use them within seven days of receipt.

You have complete control over your bonus bets, but targeting a plus-money market is essential. You never keep the stake with a bonus bet, so a plus-money market is the only way to ensure the winnings are larger than the stake.

If you want a mathematical approach, bet on a longshot in the +300 to +700 range. This gives you the best chance to earn a profit over time.

Let's say you use a $200 bonus bet of a +300 market. You'll have a $600 payout if it hits, while the $200 stake disappears no matter what.

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