BetMGM Michigan currently offers several bonuses for new and existing customers. Their first-bet offer, worth up to $1,000, is undoubtedly the best of the bunch.
Bonus bets are nothing new in the world of online bookmakers. However, this particular BetMGM Michigan promo code is notable for the size of the bonus bet that’s on the table. In this review, we take a closer look at everything from how the bonus works to methods for maximizing the bonus bet.
We’ve found that the best online bookmakers in the USA utilize bonus offers for one main reason: to entice users into placing bets. They generate an increase in activity, while bettors receive a nice additional perk – it’s a win-win for all parties. BetMGM Michigan’s welcome bonus boosts sign-up numbers by offering a first-bet offer of up to $1,000 for new players. All of these sound like they could easily be the best sign up bonus in the USA!
BetMGM Michigan online sports betting promos are easy to activate, and their current sportsbook bonus is no exception. Simply sign up, make a deposit of at least $10 and place your first sports wager. However, keep in mind that you will only become eligible for the bonus if your qualifying bet loses.
If your first wager is unsuccessful, your account will be credited within 24 hours with a bonus bet total that matches the value of your wager (up to $1,000). Once obtained, bonus bets need to be redeemed within seven days. Also, the bonus bet is only redeemable via the BetMGM Michigan app or website.
Note: Even though we have provided up-to-date information at the time of posting, terms, and conditions can change without warning. Therefore, always double-check the T&Cs before committing to a bonus offer.
To get the most out of this BetMGM Michigan sportsbook promo, here are five tips to keep in mind:
Welcome offers are made to entice you. However, it’s important not to become fixated on the bonus available. If it pressures you to change your strategy – such as going with a long shot because the safety net of a bonus bet is provided upon losing – this can punish you in the long run. Stick with your normal betting habits.
This particular BetMGM Michigan sportsbook promo is in place until 12/31/21, but the site credit only lasts for seven days once it lands in your account. As a result, take the time to study the upcoming fixture list to ensure there are enough events to bet on once you have the bonus.
If your losing qualifying bet is less than $50, BetMGM will provide your bonus bet as a single denomination – for instance, a losing $40 wager results in a $40 bonus bet. However, if the qualifying bet is $50 or over, the bonus is split into five equal amounts. This means if you bet $50, you receive five $10 bonus bets. The latter is ideal if you want to spread out and gamble on multiple events with the bonus.
It’s important to know the ins and outs of the offer before committing.
The value of the bonus bet is never included in your winnings. Consequently, there’s little point in making a bet with low odds. As an example, if a $10 bet on a 1/10 shot comes in, you will only win $1 – not $11 with your stake returned. At a minimum, bets should be made with the odds at evens.
Below are five answers to frequently asked questions about this particular BetMGM Michigan sportsbook promo:
Yes, BetMGM is completely legal and licensed in Michigan.
BetMGM offers various payment methods for customers. These are:
No. This BetMGM Michigan sportsbook promo is only available to one person per household and/or computer.
No. As long as you are a qualifying customer, you only need to sign in to your new account, access BetMGM.com or the BetMGM Michigan sportsbook app, and place your first wager. If the bet loses, your bonus bet/s will be sent to your account after the wager is settled.
Sadly, the welcome bonus will be removed from your account. Always make sure you use your bonus bet/s within seven days of receipt.
You are still eligible for this welcome bonus if you haven’t made your first deposit before 8/9/21.
Alongside the BetMGM Michigan sportsbook bonus spotlighted in this guide, the operator features a number of additional perks for customers. Existing customers can enjoy a $10 bonus bet on live sports when they place a $25 bet on a college football one-game parlay. Note: remember to opt into the promotion before you place your bet.
In addition, the operator also features season promotional offers for major events like the NFL, NBA, etc. For example, a special offer is usually available ahead of the NFL season. All you have to do is place a $25 or more bet on a pro football futures wager, and BetMGM will credit your account with a $10 bonus bet for use during week one of the NFL season. So, check out the promo section in BetMGM for more information about such seasonal bonuses and offers.
BetMGM Michigan’s welcome bonus is attractive and provides decent competition to the latest Unibet Virginia sportsbook bonus. By matching bets of up to $1,000, the potential reward is among the biggest around. Add in the ease of acquiring the bonus and the speed with which it’s credited to your account, and there are plenty of advantages to enjoy.
One drawback is you have to lose to receive the bonus. Other outlets will dish out a welcome bonus regardless of the outcome of your first bet. Another snag is the relatively short time presented to use the bonus bet.
Is it worth signing up to BetMGM Michigan for this bonus? In our opinion, the answer is yes, as it gives you a perfect introduction to a sportsbook that won us over in our BetMGM review for USA. While it’s not entirely ‘risk-free’ as the offer claims, it does supply some peace of mind in your initial wager, effectively giving you a second chance to win.
The overall experience of this brand certainly makes it among the best sportsbook in Michigan.
A first-bet offer, in this case, supplies a kind of safety net for a bet you make with your own funds. If the bet wins, it is settled as normal. If it loses, however, a bonus bet – which matches the value of your initial wager – is credited to your account. Yet, due to certain limitations placed on bonus bets, it’s not quite as risk-free as it sounds. To learn more about the current betting bonus offered by BetMGM, head on to our BetMGM bonus review for Michigan.
The BetMGM Michigan sportsbook promo for new customers works easily on the surface. Sign up, make a deposit of $10 at least, and place your first bet. The bonus is added to your account within 24 hours if the bet loses. However, there are numerous pitfalls to watch out for – our review of this BetMGM bonus has all the necessary information.
It might be classed as a ‘bonus bet,’ but it doesn’t quite function the same way as a normal bet. One aspect is that the bonus bet stake is not returned if it wins. Certain operators will also impose betting restrictions before it is possible to withdraw any money. For the BetMGM bonus bet for Michigan, please read our guide to see what restrictions are in place.
So where is BetMGM legal? Well, BetMGM, as it is known today, launched in 2018. Since starting out in New Jersey, it has expanded significantly and currently operates in 13 states where online sports betting is legal. Locations where BetMGM is available to include Michigan, Virginia, West Virginia, Washington D.C., Nevada, and Pennsylvania. More information on licenses and regulations can be found via our BetMGM review.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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