The BetMGM bonus code NEWSWEEK1500 will unlock the largest First Bet Offer in legal online sports betting ahead of Ravens vs. Chiefs on Thursday night.

NFL Week 1 kicks off with a showdown between the reigning Super Bowl champions and the reigning Most Valuable Player. Patrick Mahomes and the Kansas City Chiefs will attempt to become the first team in NFL history to win three consecutive Super Bowls. They’ll look to get past Lamar Jackson and the Baltimore Ravens in the first step in their quest to make history.

BetMGM Bonus Code NEWSWEEK1500: Score $1.5K First Bet for Ravens-Chiefs TNF

There are at least four other sportsbooks with a first-bet offer – bet365, Caesars, ESPN BET and Fanatics – but their promos only back a player’s first bet with up to $1,000 in bonus bets.

BetMGM’s new-player offer, on the other hand, ups the ante to $1,500. It’s important to note that new users who sign up for an account don’t need to wager the full $1,500, but the option is available to those who want to take advantage of the full value of the offer.

Game and player props alike are eligible for this promo. That means a new user could wager $1,200 on the Chiefs’ moneyline or $150 on Lamar Jackson to score the game’s first touchdown. Losing that bet would trigger a bonus bet refund of $1,200 or $150, respectively.

Those bonus bets would then be eligible for other NFL Week 1 games and more markets over the next seven days.

More Ways to Bet on NFL Week 1

There are even more ways to bet on NFL Week 1 action, including Ravens-Chiefs, with BetMGM. Within the promotions section of the app, players will find promos like the Pro Football No Sweat Token. This offer will back a player’s qualifying wager with bonus bets that would convey following a loss.

The true standout in-app offer is the “Second Chance” promo. Bettors who wager on a player to score the game’s first touchdown will qualify for a potential refund in cash if their player ends up scoring the second TD of the game rather than the first.

It’s rare to find a sportsbook promo that refunds a cash stake, so this one is absolutely worth checking out and considering.

How to Register With BetMGM Bonus Code NEWSWEEK1500

There are two main requirements for prospective bettors who want to sign up with BetMGM.

First and foremost, players must be 21 years of age or older. They must also be physically located in a state with access to BetMGM and legal online sports betting, which includes Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia, West Virginia and Wyoming.

After registering through the unit at the top of the page, players will be required to fill out necessary personal information fields to set up an account. This includes their full name, residential address, phone number, date of birth and email address. They’ll then be prompted to enter a promo code, at which point NEWSWEEK1500 can be used.

Then, bettors need to select a deposit method like online banking or PayPal and add at least $10 to their account. This will activate the $1,500 First Bet Offer.

Finally, players must select a betting market in Ravens-Chiefs or any other game and wager up to $1,500. A win will earn users a cash profit and their stake back, while a loss would result in a bonus bet refund of up to $1,500.

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

Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator’s terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.