20 percent deposit match or $1.5K bet insurance in 18 states

BetMGM currently offers a unique dual welcome offer structure. Either use the BetMGM bonus code NYPNEWS to unlock a $1.5K bet insurance promotion or use the bonus code NYPNEWS1600 to unlock a 20 percent deposit match with a $1,600 cap.

BetMGM is one of the biggest American sports betting companies with legal operations in 18 states (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY).

You can use the module directly below to activate the deposit match offer. When prompted, input the bonus code NYPNEWS.

You can activate the deposit match offer with the module below. Since that offer is a fractional deposit match with a $1.6K cap, you’d need to put down $8,000 in cash to max out. Additionally, that offer has a 10x wager requirement over your first 30 days.

So, if you put down $900 in cash, you’d get $180 (900 x 0.2) as sports bonuses. From that point, you’d have 30 days to wager $1,800 (180 x 10) in total otherwise you’d forfeit your eligibility.

Additionally, the American betting giant is now live in North Carolina following the March 11 launch of online betting there. As such, there’s an exclusive bet and get that you can unlock with the BetMGM bonus code NYPNEWS. Straightforward offer structure here, place a cash bet of at least $5 and get $150 in bonus bets when it settles, no matter how it pans out.

Get started in North Carolina with the module below, when prompted input the bonus code NYPNEWS.

BetMGM bonus code offers and corresponding bonus codes

Wagering with BetMGM

Each of the BetMGM offers lends itself to a different type of wager. The bet insurance offer is best suited for a shot on an underdog, because you’ll only earn bonus bets if you lose and you’re covered up to $1,500.

Conversely, the deposit match is a bit better if you intend to play it safe. You’ll get some bonus bets just for depositing and, since there’s an extended wager requirement, there’s no need to go big with the first bets.

For example, if you’re eyeing the bet insurance promotion for a moneyline bet on the Penguins (+114), it would be worthwhile to put up a more substantial cash stake, if you can swing it. Say you put down $950 on the Penguins moneyline.

They’re a slight underdog so a Pittsburgh win would garner you $1,083 in profit. That said, if the Penguins lose, you’d obviously forfeit the cash, but would get $950 as bonus bets credited to your account shortly after it settles.

On the other hand, if you claimed the deposit match with $430 in cash. You’d have $86 (430 x 0.2) as sports bonuses. You could put down the full sports bonus value on the Penguins moneyline and potentially get $98.04 in profit.

Regardless, you’d need to bet $860 over 30 days to maintain your eligibility.

Signing up with BetMGM

We’ve outlined the sign up steps for any of these BetMGM offers below.

1. Use one of the modules above and the corresponding bonus code to select your promotion
2. Input personal details to verify your account
3. Make a cash deposit of at least $10 to register your account, regardless of which offer you claim
4. Put down your first cash bet to trigger one of these offers

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.