BetMGM $1500 Bonus: How to Get Up to $1,500 Paid Back to You

3.8/ 5
BetMGM Sport bonus

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

copy Promocode
Go to BetMGM Sport

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

May 28, 2026 Review
by James Pacheco
BetMGM is one of the leading sportsbooks for several reasons. These include its competitive betmgm odds, extensive market selection, and a good range of offers. You’ll find BetMGM bonus bets, boosted odds, and the impressive BetMGM 1500 bonus.
The new players caught our attention since it gives you a refund of up to $1,500 in bonus bets if your wager loses! With a minimum deposit of just $10, you can claim this offer and wager without dipping into your bankroll, as we prepared another thorough check and update today. Read our guide as we take you through this bonus, along with the steps to claim it.
Final Rating
3.8/ 5
  • 25+ sports available
  • Multiple sports promotions
  • Low margins
BetMGM Sportsbook: Pros and Cons
  • Vast array of sports to bet on
  • Multiple welcome bonuses
  • Secure payment options
  • Dedicated mobile apps
  • Bonuses can be confusing
  • Offers 3.6 / 5
  • Customer Service 3.7 / 5
  • Licensing 3.9 / 5
  • Mobile App 3.9 / 5
  • Usability 3.5 / 5
  • Payment Methods 3.9 / 5
  • Rewards 3.8 / 5
How to sign up
  • Begin Registration: Click the gold ‘Sign Up’ button on the top right of the homepage.
  • Enter your personal details including your email, address, mobile number, and SSN digits.
  • Click “Send me a code” to verify your phone number and pre-fill some details automatically.
  • Complete Registration: Click the gold ‘Complete registration’ button at the bottom of the form to finish the sign-up process.
BetMGM Sport Bonus Details Sports Betting Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Type: Welcome Bonus Cashable: No
copy Promocode
Go to BetMGM Sport
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

BetMGM Sport Facts

Welcome Bonus Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Mobile Statistics Yes
Partial Cash Out No
Live Betting Yes
Live Streaming Yes
Mobile Live Streaming Yes
Cash Out Yes
Gaming Licence Ohio Casino Control Commission (OCCC)
Support Types E-Mail, Live Chat, Hotline
Deposit time instant
Available States OH, AZ, CO, IL, IN, IA, KS, KY, LA, MD +12 more, MA, MI, MO, NV, NJ, NY, NC, PA, TN, VA, DC, WV
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Table Of Contents
  1. What is the BetMGM 1500 bonus?
  2. Steps to claim the BetMGM 1500 bonus
  3. Terms and conditions of the BetMGM 1500 first bet offer
  4. Maximizing your BetMGM 1500 bonus
  5. Conclusion: Is the BetMGM 1500 bonus worth claiming?
  6. BetMGM 1500 bonus FAQS
BetMGM Sport Signup Promo Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
copy Promocode
Go to BetMGM Sport
Rating
3.8/ 5
  • 25+ sports available
  • Multiple sports promotions
  • Low margins

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

What is the BetMGM 1500 bonus?

This is the BetMGM sign-up bonus that rewards you with up to $1,500 in bonus bets if your qualifying wager loses. Here’s how it works.

You register for an account at BetMGM and make a minimum deposit of $10. Then, if you make a qualifying wager and lose, you will get refunded in bonus bets up to $1,500! It’s that simple.

And if you happen to win your wager, you will receive your winnings in regular cash.

Here’s a quick overview of this bonus and what to expect.

Maximum bonus amountUp to $1,500 in bonus bets
Minimum deposit$10
Minimum odds requirement-10,000 on qualifying wager
RequirementsMake a qualifying wager and lose
ValidityUp to 7 days
Eligible usersNew bettors who are at least 21 years of age and not located in MI, NJ, PA, or WA.
  • Signup Promo Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
    get bonus
    Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

Steps to claim the BetMGM 1500 bonus

As with the BetMGM refer-a-friend bonus, the first step to claiming the $1,500 bonus is to create a new account with the operator. Here’s our step-by-step guide to make this happen:

  1. Click any of the banners on this page to be redirected to the BetMGM sportsbook

  2. Click on “Register” to be redirected to the registration page

  3. Here, enter your personal information such as name, email, phone number, address, and other details

  4. Hit “Complete,” and the operator will send a verification link to your email address

  5. Open this link to verify your account and log in

  6. Make a minimum deposit of $10 using any of the supported payment methods

  7. This makes you eligible for the BetMGM no sweat bet

  8. Place your qualifying wager, and if it loses, you get refunded in bonus bets up to $1,500

Join BetMGM sportsbook today and start betting
Bet with the BetMGM app while on the go

Terms and conditions of the BetMGM 1500 first bet offer

There are hardly any BetMGM promo codes for existing players without terms and conditions that act as guidelines. The BetMGM 1500 bonus also falls under this category, with many vital important terms and conditions guiding how you use it. Below, we’ve compiled a list of some of the most vital ones:

  • You will need to complete the registration process and verify your account to be eligible for the offer
  • The minimum deposit to be eligible for the bonus is $10. If your initial deposit is any less, you’ll miss out on the bonus
  • Your qualifying bet must be at minimum odds of -10,000 to be eligible for the offer.
  • Your qualifying bet has to lose before you can be credited with the BetMGM 1500 first bet offer.
  • The bonus bets from the BetMGM 1500 promo are valid for 7 days before they expire.
  • Only bettors who are at least 21 years old and physically located in a legal BetMGM state will be eligible for the bonus.

Maximizing your BetMGM 1500 bonus

💰 BetMGM New User Promo

The BetMGM new user promo is one of the easiest to claim. Simply make a qualifying wager, and if your bet loses, you get refunded in bonus bets. However, the fact that it is easy to get does not mean you should use it recklessly. Here are a few tips to get the most from your bonus.

🔍 Research the Market

While you will be credited with your bonus bets regardless of if you win or lose, wagering with the bonus bets is an entirely different story. You will need to make accurate predictions to win and withdraw real cash. This means you’ll want to research the market and wager on teams after evaluating their current performance, team history, and other useful insights. Avoid making wagers with emotions, as this can cloud your judgment and cause you to back the wrong team.

💵 Choose a Bet Size That Fits Your Budget

The BetMGM 1500 bonus, as the name suggests, lets you claim up to $1,500 in bonus bets upon losing your qualifying wager. While you can make a wager with as little as $10, it means you will only receive $10 in bonus bets if your prediction is incorrect. In essence, to get the full $1,500 in bonus bets, you will need to wager the same amount. However, we must advise you that doing this will also require a substantial deposit. Only deposit money you’re comfortable losing and won’t need for other important things such as rent or groceries.

🌍 Explore New Markets

There is no restriction to the sports markets you can wager on with your qualifying bets, so long as you meet the minimum odds of -10,000. Since this is a bet that rewards you with bonus bets if you lose, it is your chance to explore new markets. If your prediction is incorrect, you get rewarded with bonus bets. However, if you make the right prediction, you win while getting the hang of a new market.

Conclusion: Is the BetMGM 1500 bonus worth claiming?

Absolutely! This is a low risk bonus, which means you have nothing to lose regardless of how the wager turns out. Even better, you can get started with a deposit as low as $10, which is one of the lowest you’ll find in a bonus.

Ready to give it a shot? Click any of our banners to register at BetMGM, make a deposit, wager on your preferred market, and get rewarded with bonus bets of up to $1,500 if you lose.

Signup Promo Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
copy Promocode
Go to BetMGM Sport
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

BetMGM 1500 bonus FAQS

  1. 🧑‍🤝‍🧑 Who can claim the BetMGM 1500 promo?

    New bettors who meet the betmgm age requirement and are located in legal BetMGM states, excluding MI, NJ, PA, or WA, are eligible for the no-sweat bonus up to $1,500.

  2. 💸 Can you withdraw the winnings from the BetMGM 1500 bonus?

    Yes, you can withdraw the winnings from the BetMGM 1500 bonus. However, it is impossible to withdraw the bonus bets you receive after making the qualifying bet.

  3. ⏳ Does the BetMGM 1500 first bet offer expire?

    Yes, it does. You have 7 days to use up the bonus bets you receive from this offer, and failing to do so means they expire.

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