BetMGM Sportsbook offers all newly registered players up to $1,500 in bonus bets if their first wager loses when they use the promo code FORBES1500.

The promotion is straightforward. If you have never deposited and bet with BetMGM, you’ll get your first wager back in bonus bets (up to $1,500) if it loses. There are no odds restrictions for the bet. Furthermore, there is no bet type restriction.

To claim this promotion, you must create a new account through the sportsbook website or mobile app and make an eligible deposit of at least $10.

Do I Need a Promo Code for BetMGM?

Yes, you need to use the promo code FORBES1500 to claim the BetMGM welcome bonus.

Other promotions may also require players to use a promo code. The sportsbook will indicate the code on the promotion’s terms and conditions in those cases.

Promo Terms & Conditions

Players who wish to claim the BetMGM Sportsbook sign-up bonus must meet the wagering requirements. To claim the promotion, prospective players have to register a new player account and make a minimum deposit of $10.

The next step is to place a wager on any sport. If it loses, you’ll receive the same amount in bonus bets up to $1,500.

The bonus bets are available for seven days and can be used on any market. Should the player not use their bonus bets within that time frame, the sportsbook will forfeit them.