BetMGM Bonus Code Information
BetMGM Bonus Code HANDLETOP
BetMGM Bonus Offer Get up to $1.5K back in bonus bets
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BetMGM bonus code HANDLETOPΒ will unlock a risk-free bet up to $1,000 ahead of Sunday Night Football between the Chargers and 49ers. San Francisco is a touchdown favorite, but at least a point at most sportsbooks from earlier in the week.
Here’s how the BetMGM offer works.
- Use bonus code HANDLETOP at checkout
- Deposit at least $10
- Make your first bet up to $1,000
- If it loses, you’ll be refunded the same amount you lost in free bets
Still confused? Don’t worry, we’ll explain more below.
Making Your First Bet
The first thing you’ll do at BetMGM after signing up is make your first bet. Seems straight-forward enough, right?
But what’s important to note is that the risk-free bet must be your first on the platform. If you bet $1 with your first wager, that will be your bonus — just $1.
Let’s dive into an example for how this might work for 49ers-Chargers. Say you deposit $200 and put it all on George Kittle to score a touchdown, priced at +150 at BetMGM. He’s scored in each of his last two games while racking up 24 targets over the last three weeks.
- If Kittle scores, you keep the winnings and the initial bet. So at +150, you’ll profit $300 and keep the original $200 for a total of $500 in your account.
- If Kittle doesn’t score, you get $200 back in free bets, and you’ll have to wager those to turn them into cash you can withdraw.
That’s why these offers aren’t truly “risk-free.” You can lose your entire deposit if you don’t win your free bets.
How Do Free Bets Work?
If Kittle doesn’t score, you’ll get $200 back in free bets. Here are a few things to know.
- BetMGM splits up free bets into smaller increments. In this case, you’ll get four, $50 free bets. If you were getting $1,000 back you’d get 10, $100 bets.
- You don’t need to use those free bets all at once. But they can’t be split any further than BetMGM already does.
- If you win the free bets, the winnings turn into cash that can be withdrawn.
- You must bet them on markets with odds of -200 or longer. So +150 is fine, but -500 isn’t.
Let’s go back to the Kittle example, and then apply these free bets on Monday Night Football between the Eagles and Commanders because you won’t actually get them in your account until late Sunday night or Monday morning.
Again, you don’t have to use them all on one game, but we will for this example.
Bet 1: Commanders +10.5
The Commanders have been much better since Taylor Heinecke took over for Carson Wentz, while the Eagles struggled a bit against the Texans last week. We’ll use our first on Washington catching double-digit points.
Bet 2: DeVonta Smith TD, +200
Smith has been quiet the last few weeks but blew up against the Commanders earlier this season, putting up 12 catches, 169 yards and a score in basically just the first half. We’ll go back to him on Monday night.
Bet 3: Jahan Dotson over 22.5 yards, -110
Dotson topped 40 yards in three of his four healthy games this season. The rookie might have a somewhat-limited role in his first game back, but the number is too low. We’ll go over.
Bet 4: Jalen Hurts under 20.5 completions, -115
Hurts has topped this number in half his games, but as a big favorite he may not need to throw so much. They’ll rely on the ground game here to ice it, if necessary.
Now let’s take a look at the results — hypothetical, of course.
- Commanders +10.5 (win). That’s $50 to win $45, and I only keep the $45.
- Smith TD (win). That’s $50 to win $100, so I keep $100 in profits.
- Dotson over (loss).
- Hurts under completions (loss).
So now I have $145 in my account with these four bets splitting. That’s a $55 loss off my $200 deposit.
BetMGM Sign-Up Details
- Use bonus code HANDLETOP at checkout
- Enter all your personal info — name, address, last four digits of SSN.
- Deposit at least $10 using a bank account, credit card, or PayPal
- Make your first bet up to $1,000
- If it loses, you’ll be refunded the same amount you lost in free bets