BetMGM Bonus Code NYP1600DM: Grab 20 percent deposit match or $1.5K first bet for college football, MLB, all weekend action

BetMGM Sportsbook has a pair of live welcome offers to choose from when you sign up with the BetMGM bonus code this weekend.

Here are the details on the choices that can net you bonus value:

• BetMGM Bonus Code NYP1600DM: Unlock a 20% deposit match, with up to $1,600 in sports bonus funds. For instance, depositing $1,000 would earn you $200 in bonus funds. This offer comes with a 10x rollover requirement within 30 days.
• BetMGM Bonus Code NYBONUS: This option provides a $1,500 first bet on the house. If your first bet loses, you’ll receive your stake back in bonus bets. If it wins, you’ll be paid out as usual.

These promotions are available in all BetMGM legal states, except New York and Nevada. Ohio bettors are eligible only for the first bet offer.

Let’s dive deeper into these bonuses by previewing Friday’s college football slate.

BetMGM bonus code: Friday’s college football best bet example

Friday night’s slate has one game of interest as the TCU Horned Frogs will welcome Big 12 newcomers the Stanford Cardinal. While expectations are not high of Stanford this season, the market has come in and supported them as we’ve seen the line fall from 10 to nine since opening.

If you are in favor of moving with the market, here’s how each BetMGM promo code would play out if you took Stanford +9 (-110).

BetMGM bonus code NYP1600DM:

If you opt for the 20 percent deposit match, you’ll receive sports bonus funds to wager on college football or any other sport. Keep in mind that winnings from bonus bets don’t include the stake. For example, a $300 bonus bet on Stanford +9 (-110) could result in:

• Stanford Covers the Spread: You’d win $272.73, bringing your cash balance to $1,772.73, but your bonus bet stake is not returned.
• Stanford Doesn’t Cover the Spread: You lose the $300 in bonus bet credits, but you still have your original $1,500 cash deposit.

BetMGM bonus code NYBONUS:

• Stanford Cover the Spread: A $1,500 first bet on the Tar Heels would pay out $2,863.64 ($1,363.64 in winnings plus your $1,500 stake), but you won’t receive any bonus bets.
• Stanford Doesn’t Cover the Spread: You’ll receive five $300 bonus bets, equal to your initial stake.

BetMGM distributes bonus bets in five equal parts if your first bet is $50 or more. These bonus bets are valid for seven days and can be used on any sport or betting market, but the stake from bonus bets isn’t included in payouts.

How to sign up with the BetMGM bonus code

1. Click the Sign-Up Module: Click one of the modules above, select your state, and hit “Register” at the top right to begin the new user registration process.
2. Create Your BetMGM Account: Enter your personal details, including your email, name, date of birth, last four digits of your SSN, phone number, and address. Then, set a user ID and password.
3. Agree to the Terms: Accept the Terms & Conditions, set your security questions, and confirm your age and eligibility.
4. Choose Your BetMGM Promo: Use the BetMGM bonus code NYP1600DM for a 20% deposit match, up to $1,600 in sports bonus, or the BetMGM bonus code NYBONUS for the $1,500 first bet offer.
5. Deposit: Make your first deposit using any accepted banking method.
6. Place Your First Bet: Wager on any available sports betting market via the BetMGM app or website.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering. Bonus Bets Expire in 7 Days. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.