You can also earn Bonus Bets through other promotions like Same Game Parlay Insurance. If, for example, you lose a $200 bet on the Detroit Pistons’ spread (+9.5) against the Sacramento Kings, you’ll receive $200 in Bonus Bets. If the bet loses, you’ll earn Bonus Bets equal to the amount of your stake (up to $1,500). Once you sign up for a new account – at or by downloading the BetMGM Sportsbook app on iOS or Android – and deposit a minimum of $10, you can place a bet on an NBA spread, NFL moneyline, MLB parlay, or anything else. There are many ways to earn Bonus Bets at BetMGM, including the $1,500 First Bet Offer for new customers. It can be used on one straight bet or one parlay and can’t be split between various bet placements.īonus Bets can’t be redeemed for cash, nor can you Cash Out a bet placed with Bonus Bets. If the Eagles lose, you don’t lose any money from our account balance.Įach Bonus Bet can only be used once (and must be used within seven days after credited to your account). If the Eagles win, you’ll receive $16.67. What Is a Bonus Bet?Ī Bonus Bet is a BetMGM credit to place a bet without using cash funds.įor example, if your account has $20 in Bonus Bets, in lieu of your account balance, you can use the Bonus Bets to bet on the Philadelphia Eagles’ moneyline (-120) against the Dallas Cowboys. Some of those promos involve Bonus Bets, including the $1,500 First Bet Offer for new customers. The BetMGM online sportsbook has daily sports betting promotions for all sports bettors.
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