BetMGM bonus code INSIDER1500: 20% deposit match for Thanksgiving NFL, any game
BetMGM Sportsbook welcomes new users with two exclusive offers ahead of three Thanksgiving NFL games, or any other sporting event this week and beyond. Choose between a 20% deposit match up to $1,500 or first bet insurance up to $1,500, depending on your betting preferences, with the BetMGM bonus code of your choice.
Updated on 12/26/24
Updated on 12/26/24
Available BetMGM Bonus Code Options
Using bonus code INSIDER1500, new users can claim a 20% deposit match up to $1,500 in bonus bets. This offer requires a $7,500 deposit to receive the maximum bonus and comes with a 10x playthrough requirement within 30 days. The deposit match is available in AZ, CO, IL, IN, IA, KS, KY, MA, MD, MI, NJ, OH, PA, TN, VA, WV, and WY.
Alternatively, bonus code VIBAM provides first bet insurance up to $1,500. If your initial wager loses, you'll receive the stake back in bonus bets, split into five equal portions. This offer is available in the same states and provides immediate insurance without playthrough requirements.
How Each BetMGM Offer Works
Deposit Match with INSIDER1500
Here's how the deposit match works in practice: If you deposit $1,000 using code INSIDER1500, you'll receive $200 in bonus bets (20% of your deposit). To unlock these bonus funds, you must wager $2,000 total within 30 days, which is 10x.
So say you deposit $1,000, and get the $200. Then on your first day, you make two, $100 wagers. You're now 10% of the way to hitting the wagering requirement.
The important note is that you get your bonus bets up front and you have seven days to use them, but if you don't hit the wagering requirement, you'll forfeit any profits from those bonus bets from earlier in the month.
For the first bet offer with VIBAM, consider this example for Giants at Cowboys: Place a $1,000 bet on Cowboys -3.5 (-110).
- If Dallas covers, you'll win $909.09 in cash.
- If they don't cover, you'll receive $1,000 back in bonus bets, distributed as five $200 bonus bets.
You'll then have seven days to use the bonus bets before they expire. If you don't win any of those wagers, you'll lose your entire $1,000 deposit.
Using Your Bonus for Thanksgiving NFL
The three Thanksgiving NFL games (and all the weekend football action) provide multiple betting opportunities beyond standard spreads and moneylines. Your bonus can be used on game totals, player performance props, first half lines, and even same game parlays combining multiple bet types.
Both offers require users to be 21+ and physically present in an eligible state. Bonus bets expire after seven days and cannot be split beyond their initial distribution. When using bonus bets, only the profits are returned on winning wagers - the bonus bet stake is not included.
How to Register with BetMGM
The registration process is straightforward. Start by choosing your preferred bonus code - INSIDER1500 for the deposit match or VIBAM for first bet offer. Click our registration link and select your state. Provide the required personal information, enter your chosen bonus code, and make your qualifying deposit. From there, either place your first bet or begin meeting the playthrough requirement.
Choosing Your Bonus
The deposit match suits regular bettors with larger bankrolls who can meet the playthrough requirement. It offers more potential value but requires more commitment. The first bet offer is better for those who prefer immediate insurance with less obligation, especially if you're planning a single larger wager on Cowboys-Giants or any other game.
Both BetMGM bonus codes provide significant value, but your betting style and bankroll should guide your choice. Consider your comfort level with playthrough requirements and how often you plan to bet when making your decision.
21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IN, KS, KY, MA, MD, MI, NC, NJ, PA, TN, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Deposit Match unavailable in IL, LA, OH and VA. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.