We’re all gearing up for Week 2 of the NFL preseason. We’re seeing who’s playing, checking out the odds, and placing our bets. Fortunately, BetMGM has something in store for you as well. They’re offering a huge $1,500 bonus that could make your NFL betting experience just a bit more exciting.
Whether you're a seasoned bettor or just looking to dip your toes into the sportsbook waters, BetMGM's latest offer is hard to pass up.
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BetMGM is giving new users a chance to snag up to $1,500 in bonus bets with their first bet offer. If that sounds like a lot, it’s because it is. It’s the biggest bonus offered by the major sportsbooks. Here's how it works—
Sign up. Create a new BetMGM Sportsbook account. Make sure to use our exclusive bonus code — INSIDER — when you sign up. This entire process takes just a couple of minutes.
Make a deposit. The minimum deposit to qualify is just $10. This is a low entry point, making it easy for most bettors to get. However, you might want to deposit more to make the most of the offer.
Place your first bet. After depositing, place your first real money bet on any sports market, including the NFL preseason. Since you entered the code, this bet is automatically set for the bonus.
Get your stake back if you lose. If this bet loses, BetMGM will refund your stake in bonus bets up to $1,500. That’s why we recommend going in as big as you can on this bet.
This offer provides what is essentially a safety net. It allows you to bet without the usual risk of losing your initial cash wager. If your first bet wins, you get your winnings. We can’t complain about that. However, if it loses, you get another shot with bonus bets.
Here’s where the deal gets even more interesting. The way BetMGM structures the bonus depends on the size of your first bet:
Bets over $50. If your first bet is more than $50, you'll receive five separate bonus bets, each worth 20% of your original wager. So, if you bet $100, you’ll get 5 bonus bets of $20 each. This allows you to spread out your following bets.
Bets under $50. If your first bet is $50 or less, you'll receive one bonus bet equal to the amount of your initial bet. If you were to bet $25 on the Jets and Panthers game later tonight and you lose the bet, you’ll get a single $25 bonus bet in your account.
One thing to keep in mind is that these bonus bets expire after 7 days. That’s fairly common in this industry.
So, if you plan to take advantage of this offer, make sure you're ready to use your bonus bets within a week. That gives you Week 3 of the NFL preseason to use those bets on, or you can do something different, like bet on some MLB games or props.
Now that you’ve got your bonus bets, how should you use them? The NFL preseason is a perfect testing ground. With Week 2 underway, teams are starting to get settled in, giving you a better idea of player performances and team strategies. There are still plenty of unknown variables, but you should have enough information at your fingertips to make an educated bet.
Preseason games are less about team outcomes and more about individual performances. Nobody cares about the team’s record after the 3 weeks of preseason football. Coaches are trying to finalize their rosters, which means you’ll see a lot of action from players fighting for a spot on the team.
This makes player props a potentially profitable bet. You can use your bonus bets on things like—
Player touchdowns. Which player will score a touchdown? This can be a good bet in preseason games where certain players might get more opportunities. Take a look at the second- and third-string RBs and WRs as they try to make a case. Many starters sit in Week 2.
Passing yards. Backup quarterbacks often see extended playing time. This makes it possible to predict who will rack up passing yards.
Rushing yards. Running backs looking to secure a starting spot might go all out, making this another area where you could use your bonus bet effectively.
The key to player props is finding players that are going to get the most playing time in Week 2. It can be challenging, but you can find a gold mine if you find the right player.
While preseason games can be unpredictable, Week 2 offers a bit more stability than Week 1 — in some cases. Teams have had a game to work out some kinks, and while they may still rotate players heavily, especially 2nd/3rd stringers, certain matchups or trends start to become apparent. These are a couple of bets you can place and still have a solid chance of winning—
Point spreads. If a team has shown a strong defensive or offensive performance in Week 1, they might continue that trend in Week 2. Betting on the spread can be a smart move here. Just take a look at the Seahawks in Week 1, limiting the Chargers to only 3 points.
Over/Under. Given the variable nature of preseason games, the Over/Under can be tricky. However, it can be rewarding if you can gauge how serious teams are about winning versus just getting through the game healthy.
Sure, you can place bets on the moneyline as well, but to get any real cash for your winnings, we think you’ll have to stick to these two bet types.
Beyond the immediate bonus, which we absolutely love, BetMGM sweetens the deal by enrolling you in the BetMGM Rewards and MGM Rewards programs.
These programs allow you to rack up points on your bets. These points can then be redeemed for various perks, including free bets, hotel stays, dining, and more.
This is a nice touch, as it adds value to your betting beyond just the games themselves. We all love getting real-world perks outside of the online sportsbook.
After you’ve used your initial bonus (remember, you only have 7 days to do so), BetMGM keeps the incentives coming. This is more than other sportsbooks can boast.
As an existing user, you’ll have access to various ongoing promotions and offers. These could include things like odds boosts, parlay insurance, and special event promotions. To take advantage of these bonus offers, you just have to keep checking back through the app. Click the “Promotions” tab and see what rewards they’re offering. At this point in the MLB season, most of the bonus offers right now are geared toward baseball, but that’ll change as soon as the NFL regular season is underway.
BetMGM’s $1,500 bonus offer is a great way to get started with the sportsbook, especially if you plan on betting on Week 2 of the NFL preseason.
With this offer, you get a chance to make your first bet with a safety net. If things don’t go your way, you still get to play with bonus bets.
This preseason, don’t just watch the games — be a part of the games with BetMGM. Whether you're betting on player props and team outcomes or just looking for some fun with your bonus bets, BetMGM offers a solid platform to enjoy the NFL preseason like never before.
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