One of the most exciting weekends of the football season has arrived. For those looking to take part in the action, has cooked up a new sports betting promo that allows you to get $158 in bonus bets simply for signing up and placing your first bet.
When you create your account and bet your first $5, BetMGM will credit you with your $158 bonus. You don’t even need to win your first bet — just sign up, deposit your funds, and make your $5 wager. Once that’s taken care of, you’ll receive your bonus.
Continue reading to find more details about one of the best sportsbook promos available right now.
BetMGM $158 Bonus At A Glance
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BetMGM 50% SGP Boost | No code needed, just opt-in |
BetMGM 33% Multi-Sport Parlay Boost | No code needed, just opt-in |
BetMGM $158 Bonus Explained
We suggest reading up on all the details, but if you’re ready to get started, you can click any of the links on this page to begin signing up at .
Your first step is creating your account. Follow the instructions below to make sure you’ve done everything properly, then make your first deposit. You must load your account with at least $5 to be eligible for the bonus.
Next, you can place your $5 bet on any market of your choosing. The AFC and NFC Championship games take place this weekend, but bettors of all backgrounds can take part in this promo by wagering on their favorite sport.
Once your first bet has settled — meaning, once it has been counted as a win or a loss — BetMGM will credit your account with $158 in bonus bets within 24 hours. These bonuses will be awarded as two (2) $50 tokens and one (1) $58 token.
Bonus bets cannot be withdrawn, but any winnings earned from wagering these funds are yours to keep. Your bonus bets will expire seven days after being added to your account, so don’t let them go to waste.
How The BetMGM $158 Bonus Works
To claim your bonus, create your BetMGM account and bet at least $5.
Here’s how it works:
- Click on any link on this page to head to and register.
- Deposit at least $5.
- Make your first wager on any market at BetMGM.
- Whether you win or lose your bet, you’ll get $158 in bonus bets.
- Bonus bets will be issued as two (2) $50 tokens and one (1) $58 token.
- Bonus bets expire seven days after being awarded.
How To Activate the BetMGM $158 Bonus
- Click any of the links on this page to go to BetMGM.
- Enter your email address.
- Create a strong password that is unique to your BetMGM account.
- Enter your first and last name.
- Enter the last four digits of your Social Security Number.
- Enter your date of birth (Note: Must be 21+ to claim offer).
- Enter your phone number.
- Enter your current address.
- Read through the terms and conditions.
- Begin betting.
BetMGM Payment Methods
BetMGM has a wide range of payment methods available, including:
- Credit/debit card
- Bank wire transfer
- BetMGM Rewards
- Play+
- VIP Preferred e-check
- PayPal
- PayNearMe
- Online banking
- BetMGM Gift Card
- GAMEON Card
- Apple Pay
BetMGM Withdrawal Options
You can claim your winnings from BetMGM Sportsbook via multiple options, including:
- Play+
- Debit card
- PayPal
- VIP Preferred
- Online banking
What to Bet With the BetMGM $158 Bonus
Chiefs (+165) @ Ravens
BetMGM Sportsbook • WAGER: 1 Unit
The Ravens looked unstoppable in their 34-10 rout of the Texans last weekend, but it’s almost impossible to bet against Patrick Mahomes in the playoffs. The two-time MVP is 13-3 in the postseason, and two of those losses came against Tom Brady.
With that in mind, I’ll be backing the Chiefs to win on the road in Baltimore. This is the best defense that Kansas City has had during the Mahomes era, which could make life especially challenging for Lamar Jackson.
Plus, by pairing BetMGM’s promo with this bet, you can maximize your potential earnings while still having something to fall back on if you lose. Win or lose, you get your bonus bets.