BetMGM Bonus Code: Bet $10, Get Up to $1,500 Paid Back in Bonus Bets

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The BetMGM sportsbook promo code gives new users one of the most generous safety nets in sports betting: if your very first wager loses, you’ll receive your stake back in bonus bets, up to $1,500. This "First Bet Offer" requires no manual code — it’s automatically applied when you register through the links on this page.

On this page, we’ll walk you through how the First Bet Offer works, the terms and conditions, where it’s legal and a complete BetMGM Sportsbook review.

Current BetMGM Promo Offer: First Bet Offer Up to $1,500

New customers who sign up with BetMGM, deposit at least $10, and place their first wager with the First Bet Offer token applied can get their money back in bonus bets if that wager loses — up to a maximum of $1,500 with promo code FOXSPORTS.

With promo code FOXSPORTS — the token will appear automatically in your account once you register. BetMGM's offer is one of the largest welcome bonuses available in the market, appealing to medium-to-high-stakes bettors.

Promo CodeFOXSPORTS
BonusUp to $1,500 in bonus bets if your first wager loses
Bonus TypeFirst Bet Safety Net
Minimum Deposit$10
Minimum Wager$10
Bonus FormatBonus bets equal to the lost stake (up to $1,500)
ExpirationToken valid for 7 days after registration, bonus bets expire 7 days after issuance.
Legal StatesAZ, CO, CT, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN, VA, VT, WV, WY + DC

BetMGM Bonus Code Terms & Conditions

Below we dive into the details of BetMGM's offer:  

BetMGM First Bet Offer: FOXSPORTS, $1,500 Safety Net Terms & Conditions

  • Offer available to new customers only.
  • Must be of legal gambling age and physically present in a legal state (AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MS, NC, OH, TN, VA, WY).
  • New users must make a minimum deposit of $10.
  • Only the first real-money bet qualifies for the welcome offer.
  • If your first bet wins, you receive your stake plus winnings in cash.
  • If your first bet loses, BetMGM refunds your stake in bonus bets, up to $1,500.
  • If the wager is less than or equal to $49, users get one bonus bet token worth the initial wager.
  • If the wager is $50+, the bonus bet is paid out in five tokens worth 20% of the initial wager.
  • Bonus bets expire in seven days after issuance.
  • Bonus bets pay out winnings only, not the initial stake.

Alternative BetMGM Bonus Offer Details: FOXSPORTS, Bet $10, Get $150 

  • This alternate welcome bonus is only available in Michigan (MI), New Jersey (NJ), Pennsylvania (PA), and West Virginia (WV).
  • To qualify, new users must make a minimum $10 deposit.
  • Place a first wager of at least $10 on any eligible market.
  • If the wager wins, BetMGM credits your account with $150 in bonus bets.
  • If the wager loses, no bonus is awarded (this offer requires a win to trigger).
  • Bonus bets are issued within 24 hours of the bet being settled.
  • Bonus bet expiration: All tokens must be used within 7 days of being credited.
  • Bonus bets are non-withdrawable; only net winnings can be cashed out.

How to Sign Up and Claim the BetMGM Sportsbook Bonus Code

Getting started with BetMGM’s welcome promo is quick and simple. Here’s a step-by-step guide:

  1. Click here or on any of the other "Claim Bonus" buttons on this page. This will take you directly to the BetMGM app or website and automatically apply the promo code.
  2. Select Sign Up and create a new account by entering personal details (name, email, date of birth, address, and last 4 digits of SSN).
  3. When prompted, enter the promo code FOXSPORTS to ensure the offer is applied.
  4. Make your first deposit of at least $10 using an accepted payment method (PayPal, Venmo, debit card, online banking, etc.).
  5. Place your first real-money wager on any eligible sport:
  6. If claiming the $1,500 First Bet Offer → refund is triggered only if the first bet loses.
  7. If claiming the $10/$150 Alt Offer → the bet must win to receive the $150 bonus bets.
  8. Bonus bets are credited to your account within 24 hours once the qualifying bet settles.

This Week's Promos

MLB Postseason Boost Token: It's time to make every moment count with a MLB Odds Boost Token.

Hat Trick Jackpot: Bet on a player to score in an NHL game, and if they net 3 goals (a hat trick), you’ll share $10,000 in Bonus Bets.

NHL Odds Boost Token: Score a bigger boost by applying this NHL Odds Boost Token to your NHL bet!

SGP NFL Boost Pack: This boost pack contains two NFL SGP Boost Tokens for two chances to spike your odds

BetMGM Pro Football Second Chance: Place a pre-game First Touchdown Scorer bet and if your player scores second instead of first, you get your stake back in cash.

BetMGM Promotions for Existing Customers

While BetMGM’s welcome bonus is the main draw for new players, the sportsbook doesn’t stop there. Existing customers can take advantage of a steady rotation of promotions designed to keep the betting experience fresh, rewarding, and engaging.

<strong>BetMGM Promo</strong><strong>Description</strong>
⚾️ Big Fly FridaysMake a $10+ MLB HR bet, win a share of $50,000 in bonus bets.
⚾️ Baseball Bet Fest LeaderboardCompete for a share of $100,000 in prizes
🏈🏀⚾️Any Sport No Sweat Bet TokenGet a refund in bonus bets if the selected wager loses.
⚽️ EPL Early PayoutEnglish Premier League bets pay out early if your team leads by two goals.
🦁 Lion’s BoostsPre-made parlays with enhanced odds (rotating daily).

BetMGM Lion’s Boost Promos

One of BetMGM’s signature offers for existing customers is the Lion’s Boost, which serves as the sportsbook’s version of enhanced odds. These promos take pre-selected bets or parlays and raise the payout odds—for example, a line that originally sat at +160 might be boosted to +200. Lion’s Boosts are typically offered daily and often spotlight major matchups like NFL Sundays, NBA playoff games, or Premier League soccer.

Most boosts feature single bets (such as "LeBron to score 25+ points") or parlays that BetMGM curates, meaning you can’t customize them yourself. Unlike some competing sportsbooks, BetMGM doesn’t usually place strict max-stake limits, but the selection is narrower compared to the frequent profit boosts you’ll find on FanDuel or DraftKings. These promos can still provide value, but it’s worth remembering that sportsbooks design the boosted parlays with their own edge in mind—so approach them with cautious optimism.

BetMGM Promo Comparison vs Other Sportsbooks

SportsbookOffer TypeWelcome Bonus
BetMGMFirst-Bet Safety NetUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTS
DraftKings Bet and GetBet $5, Get $200 If Your Bet Wins
FanduelBet and Get (Win Required)Bet $5, Get $300 in Bonus Bets
bet365Bet and Get or Safety Net (User Choice)Bet $5, Get $200 in Bonus Bets or First Bet Safety Net up to $1,000  
CaesarsFirst-Bet Safety NetUp to $1,000 Back in Bonus Bets if First Bet Loses

Where is BetMGM Legal? 

StateWelcome OfferRegulating Body
ArizonaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSArizona Department of Gaming
ColoradoUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSColorado Division of Gaming
Washington D.C.Up to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSDC Office of Lottery and Gaming
IllinoisUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSThe Illinois Gaming Board
IndianaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSIndiana Gaming Commission
IowaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSIowa Racing and Gaming Commission
KansasUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSKansas Racing and Gaming Commission
KentuckyUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSKentucky Horse Racing and Gaming Corporation (KHRGC)
LouisianaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSLouisiana Gaming Control Board
MarylandUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSMaryland Lottery and Gaming Control Agency
MassachusettsUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSMassachusetts Gaming Commission
MichiganBet $10, Get $150 in Bonus Bets with Promo Code FOXSPORTS Michigan Gaming Control Board
MississippiBet $10, Get $150 in Bonus Bets with Promo Code FOXSPORTSMississippi Gaming Commission (MGC)
New JerseyBet $10, Get $150 in Bonus Bets with Promo Code FOXSPORTSNew Jersey Division of Gaming Enforcement
New YorkUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSNew York State Gaming Commission
North CarolinaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSNorth Carolina Education Lottery
OhioUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSOhio Casino Control Commission
PennsylvaniaBet $10, Get $150 in Bonus Bets with Promo Code FOXSPORTSPennsylvania Gaming Control Board
TennesseeUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSTennessee Sports Wagering Advisory Council
VirginiaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSVirginia Lottery
West VirginiaUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSWest Virginia Lottery
WyomingUp to $1,500 in Bonus Bets if First Bet Loses with Promo Code FOXSPORTSWyoming Gaming Commission

BetMGM Sportsbook Review 2025

BetMGM has grown into a dependable, feature-rich book that balances market depth with a familiar, casino-backed brand. If you want an app that’s easy to learn yet powerful enough for live betting and parlays, BetMGM fits the bill.

  • User Experience & Interface: Navigation is straightforward: sports → game → markets, with a clear betslip and quick toggles for parlays and props. Odds and boosts are easy to spot, and "My Bets" is well organized.
  • Mobile App Performance: Day-to-day performance is smooth with quick bet acceptance. During peak windows (NFL Sundays), it’s solid, though not quite the fastest in the category.
  • Market Depth: Excellent coverage across major and niche leagues, plus robust player props and alternate lines. Same-game parlay menus are deep for football, basketball, and baseball.
  • Betting Tools & Innovation: "Edit My Bet" lets you add, remove, or swap legs on eligible tickets. Cash Out is widely available, and the SGP builder makes multi-leg construction simple.
  • Live Betting: Large in-play menus with fast updates and reliable Cash Out. Streams are available on select sports (notably tennis, soccer, and horse racing), and live stats/scoreboards are easy to follow.
  • Promotions: Frequent profit boosts and featured SGP offers. The welcome typically takes the form of a first-bet safety net for new users, with rotating event-based promos during peak seasons.
  • Banking & Withdrawals: Plenty of options— online banking/ACH, debit card, PayPal, Venmo, Play+, and cash at partner casino cages (where available). Deposits are instant; most withdrawals clear in 1–5 business days depending on method.
  • Trust & Support: Licensed in numerous U.S. jurisdictions and backed by MGM Resorts. Strong responsible-gaming tools (limits, time-outs, self-exclusion) and responsive 24/7 help via live chat and email.

BetMGM User Experience & Interface

BetMGM’s sportsbook has a sleek, easy-to-use interface with straightforward navigation, quick links to major sports, trending markets, and promos.

Menus are clear, though they can feel a bit busier than DraftKings or FanDuel, and personalization helps via a Favorites tab for saving preferred sports and markets. Markets update quickly and the live field view with stat trackers makes in-game wagering smoother.

If you’re in a state with online casino or poker, the one-account, one-wallet setup keeps everything seamless. Overall, BetMGM is a polished, well-equipped all-around book that’s a smart choice for both new and experienced bettors.

BetMGM Mobile App Review

BetMGM’s app is available on iOS and Android, holds strong ratings, and has been downloaded by millions. It’s easy to use: menus are responsive, markets load quickly, and the bet slip is intuitive. The layout packs more markets onto a single screen, which power users love, though some may prefer the cleaner look of rivals. Mobile features include One Game Parlays, a flexible Parlay Builder, and BetMGM’s "Edit My Bet," all optimized for small screens. You also get Face ID/Touch ID login, dark mode, and geolocation that serves legal, state-specific odds and promos, plus push notifications for odds boosts, results, and new offers. 

PlatformApp Store Rating
iOS4.8 / 5
Android4.2 / 5

BetMGM Sportsbook App Market Depth & Betting Options

BetMGM has built a reputation as one of the deepest and most versatile sportsbooks in the U.S., covering every major league and event while also branching into niche markets. The app makes it easy to browse odds across a wide variety of sports, with market depth that consistently stacks up well against competitors.

Sports You Can Bet On With BetMGM:

BetMGM Bet Types

Key Events You Can Bet On With BetMGM:

Compared to Caesars and PointsBet, BetMGM offers more props and futures markets, giving bettors extra flexibility in how they play. While FanDuel and DraftKings may lead the way in Same Game Parlay user experience, BetMGM keeps pace with its wide-ranging markets and unique Lion’s Boost promotions. For international soccer, BetMGM provides coverage that rivals bet365, making it a strong choice for bettors looking for both domestic and global action.

Betting Features & Innovation

Below are some key features the BetMGM app features:

Key features:

  • Edit My Bet - lets you change, swap, or add legs to open wagers (rare compared to competitors).
  • Cash Out - settle bets early to lock in profits.
  • One Game Parlays (OGPs) - available across NFL, NBA, soccer, and more.
  • Live Streaming - select sports/events available inside the app.
  • Early Cashout Notifications - push alerts prompt users when there’s a cash-out.

FanDuel wins on Same Game Parlays and DraftKings leans into analytics, but BetMGM sets itself apart with flexibility and control tools.

BetMGM Live Betting

BetMGM’s live betting platform is rock solid, with real-time odds across the NFL, NBA, MLB, NHL, college sports, soccer, tennis, and more. Props and alternate lines update instantly, global depth is a strength (think international soccer and tennis), and the UX is smooth with minimal lag, live stats/scoreboards, and occasional live streaming. On mobile, in-play betting is equally strong for on-the-go wagers, with cash out available during games and the ability to build live one-game parlays (OGPs). Overall, BetMGM wins on the depth of its live markets and its streaming integration.

BetMGM Promotions

BetMGM runs a rotating lineup of promos and loyalty perks:

  • Expect Lion’s Boosts (daily odds boosts).
  • Occasional Bet & Get offers (for example, "Bet $10 on NFL, Get $50 in bonus bets").
  • Refer-a-Friend deal where both you and your friend receive $100 in bonus bets, plus Reward Multiplier Days that stack extra BetMGM Rewards points.

With BetMGM Rewards, every wager earns points you can redeem for bonus bets or MGM hotel and casino perks like rooms, dining, and entertainment. That real-world tie-in gives BetMGM an edge over books without a brick-and-mortar network.

BetMGM Banking: Deposit & Withdrawals

MethodDeposits (Processing Time)Withdrawals (Processing Time)
Debit CardInstant1–3 days
Credit Card (Visa, Mastercard, Discover, AmEx)InstantN/A
PayPalInstantUnder 24 hours
VenmoInstantUnder 24 hours
Apple PayInstant1–3 business days
SkrillInstantN/A
Play+ Prepaid CardInstantWithin 6 hours
PayNearMeInstantN/A
VIP Preferred e-check / ACH TransferUp to 3–5 business daysWithin 2 days
Online BankingUp to 5 business daysTypically instant, but up to 5 days
Wire Transfers (limited jurisdictions)1–5 business daysUp to 5 days
BetMGM Gift CardInstantN/A
BetMGM Play+InstantWithin 6 hours

Trust & Safety

BetMGM puts a strong emphasis on protecting its players, with built-in safeguards that help ensure a secure and responsible betting experience. The app uses verified payment methods and strict account verification (KYC) processes to keep accounts safe, while also offering a suite of responsible gambling tools. Players can set deposit and loss limits, schedule timeouts, or even self-exclude if they need a break.

The sportsbook is currently legal in 19 states plus Washington, D.C., with additional markets—such as Missouri—expected to come online in late 2025. BetMGM also benefits from the reputation of its parent company, MGM Resorts International, one of the most trusted names in gaming and hospitality worldwide. For additional support, bettors can access an extensive help center that provides answers to common questions and connects players with customer service.

BetMGM Pros & Cons

Pros:

  • Wide market depth.
  • Frequent boosted odds promotions (e.g., Lions Boosts).
  • User-friendly app with live betting and one-game parlays.
  • Backed by MGM Resorts International.

Cons:

  • Bonus bet format may feel less flexible compared to cash-back promos from some competitors.
  • Odds are generally competitive but not always the absolute best lines in the market.
  • Some users report the app can feel slightly cluttered compared to leaner competitors like FanDuel.

BetMGM Promo Code & Sportsbook FAQ

What is the current BetMGM promo code?

  • Use code ‘FOXSPORTS’ to unlock BetMGM's promo code.

What is the BetMGM welcome bonus for new users?

  • New customers typically receive a first-bet insurance bonus up to $1,500 in Bonus Bets. If your first wager loses, BetMGM refunds the stake in the form of bonus bets. The exact offer can vary slightly depending on the state.

Is the BetMGM promo code the same in every state?

  • No. While many promotions are consistent across BetMGM markets, some states run unique welcome offers due to local regulations. Always review the terms and conditions in your state before claiming.

Which states is BetMGM legal in?

  • As of now, BetMGM is live in 19 states plus Washington, D.C. States include New Jersey, Pennsylvania, Michigan, Illinois, Ohio, Maryland, Virginia, Tennessee, Colorado, Arizona, and several others. More states—like Missouri—are expected to launch in the near future.

How do I claim the BetMGM bonus?

  • Claiming the bonus is straightforward. Register for a BetMGM account, make a qualifying deposit (usually $10 or more), and place your first wager. If it loses, BetMGM issues the refund in bonus bets automatically—no extra steps required.

How long do BetMGM bonus bets last?

  • Bonus bets typically expire seven days after being credited. If they aren’t used within that window, they’re removed from your account balance.

Does BetMGM have a loyalty program?

  • Yes. BetMGM ties directly into the MGM Rewards program, which lets players earn points for every wager. These points can be redeemed for bonus bets in the sportsbook or perks at MGM Resorts properties nationwide.

Can I withdraw BetMGM bonus bets?

  • No. Bonus bets themselves cannot be withdrawn. However, any winnings generated from those bets are paid out as real cash, which you can withdraw once standard wagering requirements are met.

Gambling disclaimer: Only individuals aged 21 and over are permitted to gamble. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Gambling is subject to local state regulation and is illegal in some states. Please gamble responsibly – information relating to responsible gambling can be found here.

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