BetMGM $1,000 Bonus for the 2023 NFL Draft Available to All New Users

New players at BetMGM Sportsbook can cash in on the BetMGM $1,000 bonus to help make their first wager a winning one. The sportsbook will reward you with bonus bets equal to your first bet (up to $1,000) if it is a loser. To get started with all of this, just follow our link to get it set up. 

This option is a good one for those looking at gambling on the NFL Draft. It is an exciting event that can be made even more interesting by adding the element of the BetMGM $1,000 bonus.

 

BetMGM $1,000 bonus: Receive Bonus Bets Back After a Losing First Bet

You don’t have to be as afraid of losing your first bet when you claim the BetMGM $1,000 bonus. This bonus will give you bonus bets equal to the amount of your first bet if it loses. If it wins, then you walk away with the winnings as usual. Use our link to set up your account and receive the BetMGM $1,000 bonus today.  

There is no unique promo code that you need to enter when registering to claim this promotion. All you need to do is sign up and then deposit at least $10 into your new BetMGM Sportsbook account. After that, make your first bet of at least $10 and if it loses, you’ll get bonus bets back worth the same amount as your lost wager value. 

Many people like to use this BetMGM $1,000 bonus to experiment with a new sportsbook. You get the chance to feel like a high roller with that first wager. You might not normally be comfortable betting $1,000 on one bet, but you can feel more comfortable when you have the BetMGM $1,000 bonus backing you up.

 

How to use the BetMGM $1,000 bonus bets

You can use the BetMGM $1,000 bonus by selecting them directly from the drop down menu of bonus bets. Apply the bonus bet that you want to use on the next wager that you have selected for yourself. 

If you lost $50 or more on your first bet, you’re going to have five bonus bets to use. They will each be worth 20% of the total value of your lost wager. If you lost $49 or less, you’ll have a single bonus bet to use. 

What Are the Requirements to Join BetMGM?

You can use our link to set up your BetMGM account if you meet a few minor standards. Those include: 

  • You must be at least 21 years of age
  • You must be in a state where BetMGM offers its services
  • You must never have set up an account before (only one account per player)

These requirements are a low bar to get over, but you need to do these to set up your account. 

 

How to Bet on a Game at BetMGM

To bet on a game with your BetMGM $1,000 bonus, simply search for the name of a team participating in the game on the sportsbook. That will pull up the contest, and you can select the wager that you want from that contest. Add it to your bet slip and then select the amount that you want to bet on it and press “place bet”. 

Terms and Conditions of the BetMGM $1,000 Bonus

There are a couple of terms and conditions to know about the BetMGM $1,000 bonus including: 

  • The maximum payment on this bonus is $1,000 in bonus bets
  • The player must be at least 21 years of age
  • You will only be paid out on a losing first bet
  • Must deposit and wager at least $10

Keep these in mind when you use our link and get your bonus today. 

 

Odds and Upcoming Schedule at BetMGM Sportsbook

One of the biggest upcoming events is the NFL Draft. Not only do football fans love to watch their favorite team draft one of the best college players in the world, gamblers also like to bet on the action. The odds per BetMGM on the first overall pick for the NFL Draft are: 

  • Bruce Young -2500
  • Will Levis +1000
  • CJ Stroud +1400
  • Anthony Richardson +5000

Consider this wager during the NFL Draft, which runs from April 27-29.

Get the BetMGM $1,000 Bonus Today 

Use our link to get the BetMGM $1,000 bonus today, so you will have it ready for the upcoming NFL Draft. All you need to do is create an account at BetMGM Sportsbook and deposit and wager at least $10 on your first bet. 

 

Pickswise is the home of free sports picks, news and best bets. Check out our expert NFL PicksNBA PicksMLB Picks and NHL Picks pages for our latest game picks.

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