New User Offer Walkthrough

First Bet Coverage Up To $1,500 Back

Register, complete a qualifying deposit, and place your first token-applied wager. If that first token wager loses, you may receive Bonus Bets up to $1,500.

Token valid: 7 days Bonus expiry: 7 days Min deposit: $10

Offer Snapshot

Promotion
First Bet Offer
Max stake back
$1,500
Min deposit
$10
Min odds
-10,000
Bonus Bets are non-withdrawable. If a bonus-funded bet wins, only net winnings are paid out.

How it works

A simple 3-step path for new users.

1

Create account

Sign up as a new BetMGM user and unlock your first bet token flow.

2

Deposit funds

Complete a qualifying first deposit of at least $10.

3

Place first wager

Apply token to first bet. If it loses, receive eligible Bonus Bets up to $1,500.

Bonus Bets details

  • • Bonus Bets appear after settlement of a qualifying losing first token wager.
  • • They can be used for eligible bets in BetMGM Sportsbook.
  • • They cannot be withdrawn as cash and are consumed when used.
  • • If a bonus-funded bet loses, bonus credits are forfeited.
  • • Bonus credits typically expire in 7 days after issue.

Quick summary

This page is optimized for clarity and compliance reading: key limitations first, legal text second, responsible gaming always visible.

Responsible gaming
Eligibility applies
One offer per customer

Core limits

PromotionFirst Bet Offer $1,500

Min deposit$10

Token validity7 Days

Bonus expiry7 Days

Min odds-10,000

MGC

Regulatory / License

Massachusetts Gaming Commission

License: SW3-102 Effective: March 10, 2023