BetMGM Promo Code SBD1500: Claim $150 Bonus, Offers for Masters, MLB, NBA

Published: April 11, 2025 at 2:56 pm EDT

BetMGM bonus code — Photo Credit: Craig Dudek

All major markets are open for you to make your first wager with BetMGM and the BetMGM promo code SBD1500. Bet up to $1,500 on the The Masters, Cavaliers-Knicks or Phillies Cardinals and get that bet backed in bonus bets in the event of a loss. Meanwhile, customers in CO, MI, NJ, PA and WV will receive a “Bet $5, Win $150 Bonus” offer in place of the first bet deal. This offer will hand you $150 in bonus bets on any winning initial cash wager you place this weekend.

With the all new BetMGM promo code offer, you can wager big on any market of the NBA, MLB or Masters today and get it fully covered in bonus bets from the sportsbook. Or, depending on your location, win yourself $150 in bonus bets through the same code. Here we can take a look at how both of those offers work, with examples from some of the wagers you could place to qualify.

If you are a new sign up in CO, MI, NJ, PA and WV, you will get a shot at $150 in bonus bets. This can be done by placing a wager of as little as $5, although you can bet more cash if you prefer. If you were to bet on the NBA or MLB using this offer, for instance, it may look like $5 on the Knicks to beat the Cavaliers or the Astros to beat the Angels. You could also put your initial wager on something like the Celtics to cover or the over in Cubs-Dodgers. If that bet settles as a win, you collect $150 in bonus bets along with whatever cash payout you get from the bet you placed.

For any other new signup in a legal betting state, wager up to $1,500 and have it covered in case of a loss. You could use this offer for something like $1,200 on the Celtics to beat the Hornets or $700 on Tyrrell Hatton to finish top 20 of The Masters.

You could also make a parlay across multiple sports, something similar to $300 on the Heat and Mets to win and Collin Morikawa to finish top 5, for example. Then, if your first wager somehow settles as a loss, BetMGM will just refund the whole original stake in bonus bets. A $800 lost stake would credit your account with $800 in bonus bets, for instance.

Odds Boosts on The Masters, Basketball, Baseball and More

Find yourself a ton of ways to gain value with BetMGM promo code SBD1500, beyond just the welcome offer. Everyday they release new promotional offers that you can use to boost your betting odds.

Here are some of the highlight offers for today:

The Masters Boost Token: Up your Masters odds with this token and get an enhancement on your payout

NBA SGP Boost: Build an NBA same game parlay and increase those odds with this token

Multi-sport Boost: Choose baseball, basketball, hockey or more to bet a parlay on and get those odds boosted instantly

EPL Win Instantly: Make a Premier League “to win” bet and if the team you choose goes up by 2+ goals, get your bet cashed out automatically

Your personal information will be necessary to make your account eligible, and you can follow the directions on where to apply the BetMGM bonus code to secure your welcome offer.

Have this information handy to make your registration process as smooth as possible:

Full legal name
Mailing address
Age
Current state you are located using the location settings on your device
Banking information
Payment option including an initial cash deposit that will cover your first wager

The $150 bonus is eligible to users in CO, MI, NJ, PA and WV only. All other players will receive a $1,500 first bet offer. Once any eligible bonus bets have been credited to your account, you will have seven (7) days to use them before they expire.

Bob Wankel

BetMGM Promo Code SBD1500: Claim $150 Bonus, Offers for Masters, MLB, NBA

Cover Your Bet with $1,500 First Wager Deal From BetMGM Promo Code SBD1500

Odds Boosts on The Masters, Basketball, Baseball and More

Acquire BetMGM Promo Code SBD1500 Welcome Offer Here

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