The only thing new BetMGM customers will be sweating about this weekend is the summer weather. BetMGM bonus code NEWSWEEK1500 activates a first bet offer that eliminates the stress of losing a cash bet. Bet up to $1,500 on Saturday’s MLB Final or Sunday’s Wimbledon Final and “The King of Sportsbooks” will return your bet with bonus bets if you don’t win.

BetMGM $1,500 FIRST BET OFFER!

CLAIM OFFER
Promotion code: NEWSWEEK1500

STATES: AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA. 21 and are present in participating states. Gambling problem? Call 1-800-Gambler. US promotional offers are not available in New York.

BetMGM Bonus Code NEWSWEEK1500: $1.5K MLB Wimbledon First Bet Score

In honor of a busy summer, BetMGM has launched one of its biggest sign-up offers for new players. Use bonus code NEWSWEEK1500 to claim a $1,500 first bet offer on MLB, Wimbledon or another sport this weekend. Signing up through Newsweek’s affiliate links ensures that any losses worth up to $1,500 are taken home and returned as bonus bets.

There are several ways in which prospective players can use their first bet. This weekend’s MLB schedule has plenty of exciting options, including Braves-Padres, Twins-Giants and Cubs-Cardinals on Saturday night. You also have Yankees-Orioles and Rangers-Astros wrapping up their series on Sunday before MLB heads into the All-Star break.

Another option for a fully backed first bet is the Wimbledon men’s final on Sunday morning. Carlos Alcaraz will aim to defend his title against seven-time Wimbledon champion Novak Djokovic. BetMGM have set moneyline odds of -145 on Alcaraz and +120 on Djokovic, making the young Spaniard the betting favourite.

BetMGM accepts a first bet on any sport, not just baseball and tennis. Sunday also features two league soccer matches: Spain vs. England for the European Championship and Argentina vs. Colombia in the Copa America. Meanwhile, the final round of the Scottish Open ends before sunrise in the US

Compare first bet offer with similar offers

BetMGM isn’t the only online sportsbook to give new players a first home bet. Caesars, ESPN BET and bet365 have insurance offers, but no two offers are the same.

For example, BetMGM covers up to $1,500 worth of damage. Caesars, ESPN BET and bet365 limit new users to bets of $1,000. In addition, BetMGM issues bonus bets on five bets worth 20% of the initial stake. ESPN BET is the only other sportsbook to follow suit, with Caesars delivering a one-time bonus bet and bet365 returning bonus bets with a lump sum.

If there is any drawback to BetMGM’s first bet offer, bonus bets expire seven days after receipt. While this also applies to ESPN BET and bet365, Caesars customers have 14 days to wager their one-time bonus bet on any sport. All bonus bets return cash winnings that can be withdrawn after a win, with sports bets retaining the bet amount.

How to activate BetMGM NEWSWEEK1500 bonus code

To claim the BetMGM First Bet Offer, eligible customers must activate the BetMGM bonus code NEWSWEEK1500. Click on the Newsweek affiliate links to automatically sign up with the code, then provide your full name, date of birth and other basic account information. In addition to personal information, BetMGM requires players to activate geo-location technology that confirms they are in a legal gaming area.

BetMGM accepts several online payment methods for cash deposits, including online banking and a credit or debit card. Although the minimum deposit amount is $10, invest enough to cover your upcoming bet. Once you’re done, head to any betting market and bet up to $1,500.

The first bet must lose for BetMGM to trigger a bonus bet payout. All $50+ bonus bet payouts come in 20% stakes, so a $1,500 loss is carried over as five (5) $300 bonus bets. Meanwhile, a win cancels the First Bet Offer and produces a standard cash payout.

BetMGM is offering this promotion to new customers in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN and VA.

21+ and present in participating states. Gambling problem? Call 1-800-Gambler.

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