Every baseball game this summer is a money-making opportunity for BetMGM customers. When players create an account with our BetMGM bonus code NEWSWEEK1500, “The King of Sportsbooks” will cover their first MLB bet worth up to $1,500. If you step up to the plate and strike out, BetMGM will refund your wager with bonus bets, thanks to its First Bet Offer.

BetMGM Bonus Code NEWSWEEK1500: Get $1.5K First Bet Offer for MLB

Like some of its competitors, BetMGM has a new-user promotion that covers a losing wager with bonus bets. However, the $1,500 limit on this First Bet Offer leads the industry. Go all-in on MLB action with anything from a few bucks to $1,500, and BetMGM will cover the damage with bonus bets if you lose.

The code NEWSWEEK1500 activates the $1,500 First Bet Offer, so make sure you apply the code after clicking Newsweek’s affiliate links to register. Once you’ve set up an account with the bonus code, scour the MLB market for your first bet. BetMGM also accepts wagers on other markets for this offer, including USA-Uruguay at Copa America and Wimbledon.

Only three games make up Monday’s MLB slate. The Blue Jays host the Astros in Toronto, the Mets play the Nationals in D.C. and the Brewers travel to Denver for a showdown with the Rockies. Target any moneyline, over-under team total, run line, player prop and more with your protected first bet. A loss triggers a bonus bet refund, while a victory nullifies the First Bet Offer and produces a standard cash payout.

More Promos on BetMGM Sportsbook App

After claiming the First Bet Offer, new BetMGM customers can activate several additional promos on the BetMGM Sportsbook app. These offers are also available to existing BetMGM customers in legal betting states.

For example, BetMGM offers an “MLB Bet Insurance” token for Monday’s action. This gives everyone an MLB wager on the house, not just first-time bettors. Apply your eligible cash wager on the MLB betting market and get your stake back as a one-time bonus bet if it loses.

BetMGM also carries promos for the ongoing Copa America and European Championship tournaments in soccer. The “Up 2 Early Payout” deal triggers an instant victory on a soccer moneyline bet if your club leads by 2+ goals, regardless of the final score. There’s also a “Beautiful Game Boost Pack” that unlocks three (3) 33% odds boosts: one for a standard soccer bet, another for a parlay and a final boost on a live wager.

Get Started with BetMGM Bonus Code NEWSWEEK1500

The first order of business for BetMGM’s First Bet Offer is activating the BetMGM bonus code NEWSWEEK1500. Click Newsweek’s affiliate links to apply the code during registration, then enter your full name, date of birth and other essential user information. BetMGM also requires players to verify their playing area through geolocation technology.

Next, bettors must deposit cash through a secure payment. Hook up your online banking information, a credit/debit card or another option and deposit at least $10. Although $10 is the minimum, customers planning a more significant wager must increase their initial deposit.

Finally, head to MLB or another sport and place your first cash wager. BetMGM will refund a qualifying loss worth up to $1,500 with bonus bets. The site distributes the bonus bets into five (5) 20% stakes that expire seven days after receipt. For example, a $500 wager that settles as a loss returns five (5) $100 bonus bets. However, a first bet worth less than $50 triggers a one-time bonus bet after a loss.

BetMGM’s $1,500 First Bet Offer is available to new customers in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN and VA.

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