NFL BetMGM Promo: $1,500 First Bet Offer, Week 1 Bonuses
The NFL BetMGM promo for a brand new season of action will bring any new player who signs up this weekend the opportunity to unlock a $1,500 first bet offer. As a practical example, new players can jump in and wager on point spreads, player props, and game totals. Grab A.J. Brown to score an anytime touchdown against the Patriots, lock in Saquon Barkley to find the end zone against the Cowboys, back the Bengals to earn a Week 1 victory on in-state rival Cleveland.
No matter which game you land on or bet you make, this NFL BetMGM promo will bring back bonus bets on first wagers in the event they should.
NFL BetMGM Promo: Week 1 $1,500 First Bet Offer
When assessing whether or not to sign up with a sportsbook or elect to clain a new user bonus, there are a few key variables worth considering.
- How does the BetMGM NFL signup offer compare to rival apps?
- How does the offer compare to past or potential iternations?
Let’s tackle the second point first. In the case of BetMGM, it had previously offered a long-running $1,000 first bet offer. With the NFL back, the sportsbook operator pumped it up to $1,500, which is the strongest offer we’ve seen in a number of markets to date. Given Week 1 represents a time of significant betting interest and new users coming to sportsbooks in droves, BetMGM has upped the ante to acquire new users. In short, this is a good offer by its own standards.
How Does This Bonus Work?
The other thing to note on this NFL BetMGM promo is that is carries a significantly higher dollar value than what’s being offered elsewhere. In most cases, apps are turning around bet-and-gets, supplying those who make a qualifying wager or deposit with a guarantee return in bonuses. BetMGM is going a different route by paying back losing first wagers in bonus bets, supply (some) degree of protection to losing bets.
So, let’s say a bettor sees value in grabbing the Eagles to beat the Patriots as a 3.5-point favorite. Think the Eagles can secure a 24-20 win, or perhaps run by the Patriots with a greater margin of victory, then this play makes sense. But the NFL is unpredictable, so let’s say the home underdog pulls a surprise by either covering the spread or even winning the game outright.
In this case, a $100 first bet would receive back $100 in bonus bets. A $500 wager would get back $500 in bonuses and so on. Of course, should the bet win, there’s no bonus bets — just cash — and that’s not a bad problem to have.
Where You Redeem This Offer
The NFL BetMGM promo will be available in the following markets for Week 1: Pennsylvania, New Jersey, Maryland, West Virginia, Virginia, Massachusetts, Kansas, Tennessee, Louisiana, Arizona, Colorado, Iowa, Indiana, Illinois, Michigan, and Ohio.