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BetMGM Bonus Code SBD1500: Get $1,500 Bet Promo for Any Game This Week

Bob Wankel

By Bob Wankel in Sports Betting News

Published:


betmgm bonus code
Photo Credit: Craig Dudek

The Eagles and Chiefs will decide a championship in just a few days, and for those looking to wager on that matchup or any other game this week, the BetMGM bonus code SBD1500 will provide one of the best all-around ways to do it. New users who sign up this week can lock in a $1,500 first bet bonus and use it for markets across the NBA, NHL, college basketball, and, of course, Super Bowl 59.

BETMGM SPORTSBOOK
Get Up To $1,500 Paid Back in Bonus Bets

21+ only. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER (US); 1-800-327-5050 (MA); 1-800-NEXT-STEP (AZ); 1-800-BETS-OFF (IA); 1-800-981-0023 (PR). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. See BetMGM.com for Terms. US promotional offers not available in MS, NV, ON, or PR.
LOCK IN PROMO
CODE: SBD1500
CODE: SBD1500
SIGNUP BONUS
GET $1,500
BACK

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BetMGM Bonus Code: How It Works

To best understand how the BetMGM bonus code SBD1500 works, let’s dial in on the current Super Bowl 59 odds between the Eagles and Chiefs. While the moneyline has shifted towards the Eagles a bit since things first opened a week and a half ago, the point spread has held firm at Kansas City -1.5.

Let’s say you believe Kansas City will produce a similar result to the one we saw two years ago when the Chiefs knocked off the Eagles by a 38-35 final score and thus back them by laying the points in this spot with a $500 wager.

One of two outcomes are possible: Kansas City covers or it doesn’t. In the event Patrick Mahomes finds a way to win yet again, then players will receive a cash payout on that $500 point spread bet. If, however, Jalen Hurts, Saquon Barkley and the Eagles prevail, that wager is a loser. Under normal circumstances, the sportsbook rakes in the $500 and you go about your business. But with the BetMGM bonus code applied, you will get back $500 in bonus bets that can then be played on subsequent games.

As noted above, there’s flexibility in terms of how to deploy this bonus. It can also be used on game prop markets, like first touchdown scorers. Here’s a look at the current prices:

  • Saquon Barkley -200
  • Jalen Hurts -115
  • Travis Kelce +125
  • Kareem Hunt +140
  • Xavier Worthy +165

Super Bowl Week Offers

After the qualifying first wager has been made with BetMGM bonus code SBD1500, accessibility to a number of additional promotions for NBA, NHL and Super Bowl matchups is right around the corner.

  • Get cash back on losing first goal scorer bets on NHL games if your pick ends up netting the second goal of the game.
  • Use an NBA odds boost token to elevate potential payouts on any game played February 5. Do the same with a separate college basketball odds boost token and play for a shot at $250,000 in bonus bets with the Longest Touchdown Jackpot.
  • As the game approaches, check out additional odds boosts and offers around these leagues, as well as special offers for Super Bowl 59.

How the BetMGM Bonus Code Rates

It’s busy season for the market’s top legal online sportsbooks, as the Eagles-Chiefs Super Bowl 59 showdown figures to draw significant betting activity and new player activation. As such, users will want to know what is out there ahead of kickoff. BetMGM’s bonus outranks its competitors in terms of overall dollar value, as DraftKings and FanDuel both come in with $200 in total bonus value and bet365 maxes out at $1,000, while Caesars has a $1,059 special.

BetMGM is using a first bet bonus that issues bonus bets on a loss (yes, we outlined that above), while DraftKings and FanDuel use a bet-and-get structure. While some who simply want to deposit a few dollars and get a bonus will enjoy such a structure, the benefit of BetMGM is that it provides some help to those want to come out and make a larger first bet. As such, consider what your goals are in getting a new sportsbook and select accordingly from there.

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