The Best BetMGM Promo Code for February

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Bet $5 Get $150 Instantly in Bonus Bets After Placing Your First Wager Promo Code: EWBET1 Staff Verified: February 20, 2024

21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit mdgamblinghelp.org (MD), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).

BetMGM Promo Code

Table of Contents

Overview of Current BetMGM Promo Code Offers

One of the features new BetMGM players love is the daily promotions at BetMGM. These offer unique opportunities to boost your bankroll on the most popular bets on the sportsbook. Bettors can also find reduced juice and increased payouts for popular bets on in-state professional and college sports teams.

BetMGM Sportsbook Promo Code EWBET1Click to Copy
Offer Bet $5 Get $150 Instantly in Bonus Bets | After Placing Your First Wager
Valid Through February 29, 2024
Bonus Verified February 20, 2024 by Chris Lollis
Terms for the Offer Offer valid for new customers only, of legal betting age for their state. Limited to one bonus per customer. Additional terms and conditions may apply.
Availability AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, OH, OR, PA, TN, VA, WV, WY

Bookmark this page and check the table above often to always find the details for our current BetMGM bonus offers.

Our team updates the offer and terms attached to the offer daily to ensure you always find the top promotion and understand the terms attached to it. Of course, we don’t want to see you miss out on your bonus bets.

We add new offers daily for both the BetMGM Sportsbook and BetMGM Casino. Make sure you receive the best welcome offer possible by always checking Hello Rookie first. Be sure to copy the code exactly as you see it as the promo code system with BetMGM is case sensitive.

BetMGM Its Time to Change the Game

Bet $5 Get $150 Instantly in Bonus Bets Offer from BetMGM Sportsbook

As BetMGM online sports betting expands its US sports betting operations, its promotions seem to get better and better. The latest terms attached to our partner-level BetMGM bonus code include one of the largest promotions currently ongoing — Bet $5 Get $150 Instantly in Bonus Bets (After Placing Your First Wager)!

The BetMGM promo code offer and risk bonus bets are subject to the sportsbook’s current terms and conditions, including rollover requirements and house rules.

These requirements will vary between online casinos, so even if you are familiar with online betting, you will want to read BetMGM’s. We recommend you familiarize yourself with these policies before downloading the BetMGM app, opening your account, and placing your first bonus bet.

That being said, this article will cover everything you need to know about our current BetMGM bonus code and getting the max bonus on your first deposit. We updated this directory with the current welcome bonus offer’s current terms and conditions on February 1st, 2024.

daily sportsbook promotions from betmgm

Steps for Signing Up with Our BetMGM Promo Code

Step one to getting the largest possible bonus when registering with BetMGM is understanding exactly how their promo code system works. For a general overview, direct from MGM, on how they handle promo codes and bonus funds, check out their current terms of service.

Once you are ready to get started on the BetMGM online sportsbook, follow these four steps to receive your First Bet Offer:

  1. Get started by visiting the BetMGM sportsbook and selecting the state you live in. BetMGM currently offers online wagering in 14 states: AZ, CO, IA, IN, IL, LA, MI, NJ, TN, VA, WV, and WY. (Offer not valid in NY or PA)
  2. After selecting your state, you will be redirected to the sportsbook homepage. Find and click the ‘register’ button in the top right-hand corner to open your account.
  3. The four-step registration process asks for your contact information, mailing address, and phone number. You will need to verify your account after providing all of this information.
  4. Once you have verified your account, you are ready to provide your BetMGM promo code and make your first deposit. BetMGM accepts nearly every payment type, including Visa, MasterCard, and PayPal.

Upon completing the registration and deposit process, your bonus funds can be found in your BetMGM online sportsbook account and are immediately available to bet with. You are finally ready to get involved in the US’s rapidly growing legal sports betting industry.

Keep in mind, though, that you get the funds back in bonus bets, not cold-hard cash.  That’s still a pretty sweet deal.

Simply find the line you wish to bet, add your side to the ticket, and choose the amount you want to wager. Anything you win with this bonus play is yours to keep and can be withdrawn in several different ways.

Important Terms for BetMGM Promo Code Offers

Our current BetMGM bonus code offer is attached to one of the best promotions in the US sports betting industry. This is undoubtedly a player-friendly bonus offer, as getting a 20-to-1 odds boost offer is hard to beat. That being said, as is the case with most promotions available to our users, specific terms and conditions apply.

When you use our BetMGM bonus code and register at either the BetMGM sportsbook or online casino, you agree to the following terms and conditions. For example, to get in on the promo you have to make a minimum deposit of at least $10.  Our team reviews the terms and conditions for every new offer to ensure our readers fully understand each promotion on our site.

Want to compare this bonus to what is available at other sportsbooks? We update every offer from every US sportsbook on our promotions page. If you are shopping for a new sportsbook, check back to that promotions page regularly to lock in the absolute largest bonus possible.

Player Location Requirement

While the BetMGM sportsbook is a legal sports betting option for US players, not every US citizen can legally bet on sports. Additionally, the BetMGM casino is only available in a handful of states. BetMGM expanded its operation from Las Vegas to New Jersey in 2018 and is now located in an industry-leading 12 states.

Of course, this expansion coincides with the constantly changing legal landscape surrounding sports betting in the United States.

As of this February, over 30 states have legalized sports betting, and BetMGM is expanding into as many markets as possible. That being said, if you don’t live in a state where they currently operate, you will not be able to register an account or place a bet.

The current list of states that BetMGM is operating in includes AZ, CO, IN, IA, IL, LA, MI, NY, NV, NJ, PA, TN, VA, WV, and WY. Players not physically located in these states are not eligible. Folks in NY or PA are also not eligible. However, you can download the BetMGM app and browse lines from any state in the US.

Bonus Funds Rollover Requirement

While experienced sports bettors are familiar with rollover requirements, new players are always shocked to hear they must make a minimum number of bets before they can withdraw anything they win using bonus funds. With offshore books, these rollover requirements can be as high as 50x. If you receive $10 in bonus funds (or bonus bets), you must place at least $500 in qualifying wagers before making a withdrawal.

The current rollover requirement attached to our 2024 BetMGM bonus code offer is just 2x. So in the example given, you would only need to place $20 in bets before withdrawing any winnings.

The BetMGM online casino bonus is also subject to rollover requirements. The current rollover rate for our BetMGM casino bonus is set to 15x.

Player Age Requirement

While most sportsbooks will raise and lower the minimum age requirement on a state-by-state basis, BetMGM has decided to set their minimum age to 21. 

The company uses a third-party service to verify players’ ages and identities when registering. Additionally, players may be asked to provide proof of identification before being able to withdraw any winnings.

Additional Terms Attached to BetMGM Bonus Code Offers

In addition to the previous three requirements, it is important to note that you may only use a bonus code and open a BetMGM sportsbook account once. Creating multiple accounts to take advantage of their latest promotions is strictly against the terms of use.

As a bonus to existing users, BetMGM does offer daily promotions. This currently includes NBA same-game parlay insurance. Here’s how it works:

  1. Opt into the promo on the BetMGM website
  2. Place a same-game parlay with at least 4 legs
  3. If every leg of your parlay hits except 1, you’ll receive your initial bet back, up to $25
  4. Current users can opt into this promo once per day during the NBA season

Additional bonus offers are available to users wanting to try any of the online casino products from BetMGM. Use our Bet MGM bonus code at the top of this page when making your initial deposit on the online casino to receive up to a $1,000 welcome bonus

BetMGM App Overview
BetMGM Free Daily Pick

Hello Rookie’s Daily Pick for February 22nd

Our seasoned bettors recommend these odds boosts to maximize your initial experience at BetMGM.

🔥Nikola Jokic to Win MVP: -130🔥

Good luck and we hope you win big at BetMGM!

Tips for Using Your BetMGM Bonus Funds

If you are new to sports betting or are just new to legal online gambling here in the US, you will love the BetMGM sportsbook and BetMGM casino. Both offer a flawless user experience, loaded with features and player-friendly bonuses.

Here are some fundamental tips to make the most out of your BetMGM Sportsbook bonus and your BetMGM Casino bonus.

  • Play the right betting types. Whether it’s the Super Bowl, March Madness, or even a Cincinnatti Reds spring training game, choosing the right type of bet is essential. Focus on spread bets, moneyline bets, player props, and totals. Put another way: avoid parlay and teaser bets altogether, as they dramatically shift the odds in favor of the house. Parlay bets pay out nearly 6x less often than spread bets, meaning you will never be a profitable sports bettor when parlays play a significant role in your betting strategy.
  • Know the rollover requirements. Understand rollover requirements before taking advantage of any sportsbook bonus offer or bonus bet offer. Rollover requirements can be as high as 25x at sportsbooks like FanDuel and DraftKings. Additionally, note that the First Bet Offer can only be applied to your first wager.
  • Play at sportsbooks with a high payout percentage. Understand the payout percentage for any casino game before playing. Some slot games pay out as much as 98% of the money they take in, while some pay as low as 92%. That is a massive difference! Understand your odds before putting your bankroll at risk.
  • Promos and rewards. Take advantage of the loyalty program and existing player promotions. You have to jump anytime a betting site offers you bonus money. With BetMGM, the offers include loyalty reward points, the Money Monday Club, or reduced-juice bets. Reward points earned with each wager can be used at 20+ MGM resort locations from Las Vegas to Atlantic City.
  • Check out other BetMGM apps. Don’t just stick to one venue, branch out a bit and hedge your bets. BetMGM promos are all over the place, not only at their sportsbook.  If you’re in WV, MI, NJ or PA, take advantage of the BetMGM Casino bonus code. You can usually bring in over $1,000 in bonus bets!

Additionally, we recommend familiarizing yourself with the BetMGM sportsbook app before placing your first wager. Often, you will want to find a bet moments before a game starts or may wish to find an in-play wager for a game in progress. Knowing exactly where everything is in the sportsbook app will allow you to get these wagers in before they disappear.

If you intend to use the BetMGM casino app, take some time to research the total payout for each of the casino games before spending time on them. As with most legal online casinos, the total payout can vary widely from game to game, particularly slot games. Be sure to understand your odds before wagering.

BetMGM Odds Are Better Than Average

Looking for another reason to use the BetMGM promo code?  The lines and odds are phenomenal.  We’ve looked at dozens of online sportsbooks and compared them so you don’t have to. 

Feel free to use the bonus on whatever games you like, but at the very least take a look at the odds so you know what you’re getting into.

So you can get a better idea of the odds at BetMGM, we’ve scrapped together the latest for the upcoming NHL games.  We’ll keep this updated so you can keep coming back to get the latest info.

MatchupGame TimeBetMGM NHL Sports Betting Odds
Florida PanthersTomorrow at 07:00 pm-115-1.5
Carolina Hurricanes-105+1.5
Colorado AvalancheTomorrow at 07:00 pm-135-1.5
Detroit Red Wings+115+1.5
Dallas StarsTomorrow at 07:00 pm-160-1.5
Ottawa Senators+135+1.5
Montreal CanadiensTomorrow at 07:00 pm+200+1.5
Pittsburgh Penguins-250-1.5
New York RangersTomorrow at 07:00 pm-110+1.5
New Jersey Devils-110-1.5
Washington CapitalsTomorrow at 07:00 pm-200-1.5
Tampa Bay Lightning+165+1.5
New York IslandersTomorrow at 08:00 pm-120-1.5
St Louis Blues+100+1.5
Boston BruinsTomorrow at 09:00 pm-125-1.5
Calgary Flames+105+1.5
Vancouver CanucksTomorrow at 10:00 pm+115+1.5
Seattle Kraken-135-1.5
Toronto Maple LeafsTomorrow at 10:00 pm-105+1.5
Vegas Golden Knights-115-1.5
Nashville PredatorsTomorrow at 10:30 pm-150-1.5
Los Angeles Kings+125+1.5
NHL Odds Updated: February 22nd, 11:11am

BetMGM Promo Code FAQs

While most of BetMGM sportsbook’s policies vary from state to state, the answers to the following FAQs address the majority of questions we receive regarding the BetMGM sportsbook and casino apps.

What states does BetMGM currently operate in?

With the recent additions of Louisiana and New York, the BetMGM mobile sportsbook app (iOS and Android) is currently live in 14 states. This includes Colorado, Indiana, New York, Louisiana, Nevada, New Jersey, Pennsylvania, Iowa, Tennessee, Michigan, Virginia, Illinois, Wyoming, and West Virginia. As far as growth is concerned, BetMGM is the closest rival to industry leaders FanDuel and DraftKings.They entered the Colorado, West Virginia, and Indiana markets immediately following legal sports betting legislation being passed, and future expansion is already in the works. A recently announced Yahoo partnership goes into effect. A leader in both daily and season-long fantasy sports, Yahoo gives BetMGM access to a massive player pool of potential sports bettors.

Can I bet on any game if I live in one of these states?

No, since each state sets its own gambling laws, which can vary from state to state. These restrictions cover what sports can be bet on and where betting can take place. If you live in a state with legal sports betting but are unsure of the regulations, you can find them by clicking on your state below:

Where do we find our MGM promo codes?

Hello Rookie has a dedicated BetMGM promo code that we received directly from the MGM marketing team. In addition to this bonus code, our team verifies (on a daily basis) that our current deposit match offer is accurate and the best promotion available. Our promise to our readers and listeners is to always provide them access to the best promotions the sports betting industry offers.

Does BetMGM offer an online casino?

Yes, you can find BetMGM’s online casino on their website and mobile app. The online casino features slots, poker, live dealer games, blackjack, roulette, and more. As you would expect from a sportsbook with roots on the Las Vegas strip, the online casino product from BetMGM is arguably the best in the industry.

Do I need a separate BetMGM casino bonus code?

The good news is that if you want to take advantage of the top-of-the-line casino games, BetMGM offers our promo code will already provide you with the best available bonus. Many sportsbooks will require you to register using a casino bonus code if you want to claim your bonus money for their online casino. With BetMGM, there is no such thing as a casino-specific offer. Instead, our exclusive bonus code will apply no matter where you plan to bet. 

How does the rollover requirement work?

While competitor Caesars recently completely eliminated their rollover requirement, BetMGM offers the next best thing with a 2x requirement. What does this mean? If you receive a $10 refund, you must place at least $20 in bets to withdraw your bonus money. Other sportsbooks have set their rollover requirements as high as 35x, so BetMGM’s current policy is extremely player-friendly.

How does BetMGM compare to FanDuel and DraftKings?

In terms of a wagering menu, BetMGM feels highly familiar with what you will find at either FanDuel or DraftKings. They may fall slightly short in the quality of UI/UX for their app and website. Additionally, their new player promo code offers are somewhat less aggressive than the welcome bonus offers currently available with the big two US sportsbooks. That being said, we are convinced the lead FanDuel and DraftKings have in states like New Jersey and West Virginia should be considerably smaller. BetMGM offers considerably lower juice, which means you win more when betting on BetMGM vs. FanDuel and DraftKings.

What sports and bet types does BetMGM offer?

The BetMGM sportsbook offers lines on all major sports as well as college sports in states where they are allowed. In terms of bet types, you will find everything you could look for at BetMGM. This includes every bet type, tons of prop bet options, and live bets for most major sporting events.

Does BetMGM have a mobile app?

Yes, you can find the BetMGM mobile app in both the App Store and Google Play Store. The current version of the mobile app has a 4.6 rating on Apple devices and a 4.3 rating on Android devices. The mobile betting experience is seamless, with great in-play and live sports betting options. Check out our current rankings for the best DFS apps in the US!

How do deposits and withdrawals work?

BetMGM deposit options currently include Visa, Mastercard, Discover, and American Express. Users wishing to deposit and withdraw funds using their checking accounts also have that option available. In most cases, deposited funds are available in your account almost immediately. Most players with an online banking account will receive any withdrawals within 24-48 hours. Withdrawal methods mirror the deposit options, with your first payout typically coming in the form of a refund.

Help for Problem Gamblers

If you believe that you or a loved one has a gambling problem, we recommend speaking with someone immediately. There is plenty of resources available, including 1-800-GAMBLER and 1800GAMBLER.net. Always bet with your head and educate yourself on the difference between a high-risk and conservative bet.

BetMGM SportsBook Offers for Existing Players

BetMGM Promotion Review and Rating

The rating you see below will give you an apples-to-apples overview of how the BetMGM bonus code stacks up to its competitors. It incorporates our expert’s opinion of the promotion and the user ratings for our current BetMGM bonus code offer. We also weigh the quality of the betting app, the variety of prop bets, and the live betting engine when rating these promotions. 

While the latest BetMGM bonus code did not entirely close the gap between them and the current DraftKings offer, they certainly narrowed it. Additionally, BetMGM offers some of the best promotions for existing players and is one of the top loyalty programs in the industry. So there’s that.

As a sportsbook with roots in the casino industry, BetMGM also offers one of the more polished online casinos. Through MGM Resorts they have over 21 years of operating in sports betting, and it shows. In fact, our current online sportsbook ratings put the BetMGM casino games at number one in the industry! All of these factors are considered when we put together our promotion ratings.

The BetMGM mobile app currently has a rating of over 4.6 stars on both the App Store and Google Play Store. This rating puts them behind only FanDuel, DraftKings, and PointsBet.

BetMGM Review Overview

Details


BetMGM has an excellent offer for new players this month, and it rates out well compared to its competitors. That’s why we’re giving BetMGM 4.6 stars out of 5.0.

The current sportsbook, casino, and poker bonus offers are no joke. By themselves they beat out most of the other bonus offers. Of course, these promotions are only for new players, but it gives a huge advantage to them across the three apps. In addition to these promotions, BetMGM offers a ton of features including the best odds, live betting, reduced juice, poker, and casino options.

Rating

4.6 Stars (out of 5) 4.6 (out of 5)
Author: Chris Lollis
Reviewed By: Mike Noblin

Chris Lollis


Chief Content Officer

Chris Lollis is the founder and senior editor at Hello Rookie. He has over a decade of experience in the sports betting industry and has covered everything from the PASPA repeal to every state launch since. Chris currently contributes guides, reviews, and betting tips at Hello Rookie.

The Best BetMGM Bonus Offer
4.6
Hello Rookie Rating

Bet $5 Get $150 Instantly in Bonus Bets

After Placing Your First Wager
EWBET1

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