ByRich Migliorisi

Jun 6, 2024

BetMGM NBA Promo | Get $1,500 in Bonus Bets For the NBA Finals

  • Bet $10, Get $150 in Bonus Bets

    If You Win

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    • Terrific Promotions

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    • Same Game Parlays

BetMGM NBA Promo Code

The BetMGM welcome bonus can provide new users with up to $1,500 in bonuses.

Sign up using bonus code GAMEDAY to enjoy this offer.

Deposit at least $10 into your account.

Place your first bet and receive up to $1,500 in bonuses if it loses.

The bonus will be provided as five bet tokens that are each 20% of your initial wager.

For example, one $1,500 losing wager will return five $300 bonus bets.

This offer is only available to new users.

Bonus bets expire after seven days.

How to Get the BetMGM NBA Promo

  1. Click our “Get Bonus” link to get to BetMGM.
  2. Sign up for a new account by creating a username and password.
  3. Include your name, address, date of birth, etc.
  4. Make sure to put in bonus code GAMEDAY.
  5. Deposit at least $10.
  6. Place your first wager.
  7. If you win, enjoy the profit as with usual bets.
  8. If you lose, your bet will be matched in bonus bets up to $1,500.

Deposit methods at BetMGM include:

  • Online Banking
  • PayPal
  • Play+ Cards
  • PayNearMe
  • Debit/Credit
  • VIP Preferred eCheck
  • Bank Wire Transfer
  • Cash at Cage

How Does the BetMGM NBA Promo Work?

Make sure to take advantage of the BetMGM NBA welcome promo for up to $1,500 in bonus bets.

Like all reliable sportsbooks, BetMGM has certain terms and wagering requirements to keep in mind.

Check out the terms and conditions below.

Terms & Conditions

  • Only available to new signups.
  • Minimum deposit is $10.
  • Place a wager on NBA or any other market.
  • If you lose, your bet will be matched up to $1,500 in bonus bets.
  • Here’s how the bonus is distributed:
    • $50+ qualifying bets = five bonus bets at 20% denominations
      • Example: $1,500 losing wager = five $300 bet tokens
    • $49 or less = single bet that is 100% of initial wager
      • Example: $40 bet = one $40 bet token
  • Bonus must be used within seven days or it will expire.
  • You cannot withdraw your bonus bets.

Why I Like the BetMGM NBA Promo

Here’s what I like about the BetMGM NBA promo:

  • One of the highest limits ($1,500) among all first bet insurance offers.
  • You are able to place your qualifying wager on any market you desire.
  • The bonus is spread out over five bet tokens rather than a single one.

The Best Way to Use the BetMGM NBA Promo

The best way to take full advantage of the BetMGM NBA promo is to try to max out the offer.

However, I understand that $1,500 is a lot to spare for most bankrolls (including my own).

So a good tip would be to wager 2-3x more than your standard bet. For example, my standard is at $50, so I’d bet $150 for this promo.

That way, you can get more value on this offer.

The next step is to choose a wager with reasonable odds (-110 to -130) so that you maintain a reasonable return on investment while keeping the implied probability at greater than 50%.

Research your selection to make an informed decision.

I suggest targeting the Under on a bench player’s prop. In the NBA playoffs, we tend to see teams go with tighter rotations, giving more minutes to their starters.

Therefore, we can find some value on Unders for players with marginal roles.

I’ve had success betting Under points for Tim Hardaway Jr, since he hasn’t seen much usage for the Mavs in these playoffs.

If you end up losing the bet, the best suggestion would be to play it safe to try to get back your losses.

Where Is the BetMGM NBA Promo Available?

The BetMGM MLB promo is available in the following states:

  • Arizona
  • Colorado
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Michigan
  • North Carolina
  • New Jersey
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming

How to Withdraw My BetMGM NBA Promo Winnings?

  1. Go to your account and click “Withdraw.”
  2. You should get your funds within five business days.
  3. Do note that bonuses are non-withdrawable – use them to rack up more winnings.

You can claim your winnings at BetMGM with these banking methods:

  • Online Banking
  • PayPal
  • Play+ Cards
  • PayNearMe
  • Debit/Credit
  • VIP Preferred eCheck
  • Bank Wire Transfer
  • Cash at Cage

Other BetMGM NBA Promos

There are plenty of other sportsbook promos you can get today.

Find other BetMGM NBA promos, such as:

  • Odds Boosts: Use odds boost tokens to increase your potential payouts.
  • Bet Insurance: You may get bonus bets back if your Same Game Parlay loses. This is a recurring offer that comes on certain days at BetMGM.
Promo TypeNew & Existing User Promo
SportsBookBetMGM Sportsbook
How to EnterBet to Win
Promo CodeGAMEDAY

Author

Rich Migliorisi

Rich is the former VP of Web Operations at The Game Day, overseeing the day-to-day operations of our Sportsbook and Casino domains. Rich previously served as Web Content Strategist at Catena Media, helping them stay competitive in the sports betting industry. Prior to that, he was the Senior Site Manager for MLBAM.

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Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI).

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