New BetMGM Kentucky users can sign-up early with BetMGM prior to the sports betting launch across the Bluegrass State on Sept. 28 using BetMGM bonus code NYPNEWS. This is one of the most straightfo…
Once you earn the bonus bets, they must be used within seven days and cannot be withdrawn like cash. However, bonus bets have the opportunity to win cash from a successful wager — which is withdrawable.All other BetMGM locations, besides D.C., Kansas and New York, can utilize the first bet on the house up to $1,500.
This introductory deal works slightly differently from many other welcome offers that require a first bet to unlock the bonus. Account creation with the code and a minimum deposit are the only requirements. Similar to the Kentucky deal, bonus bets deposit instantly and are valid for seven days in the account. Bonus bets can be used once on any qualifying wager but you forfeit the stake no matter the outcome of the wager.
Here’s how it might go. If you put $100 on the Eagles -6.5 as your first bet and they don’t cover, you’ll get $100 back in bonus bets. If it wins, you’ll keep the $100 and take your $91 in profit. The promo would then be over. If it does lose, you’ll get $100 in bonus bets. Here’s an example of how those might work — place $100 of bonus bets on a +300 wager and it hits.Cash-deposited wagers would pay $400 from the winnings and the stake
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