BetMGM Sign-Up Bonus: First Bet Forgiveness

A thrilling weekend of March Madness is now behind us, but we still have some great stuff to bet, so fire up your computer and let’s get to it! Today we’re diving into one of America’s top sportsbooks: BetMGM. This powerhouse is shaking up the sports betting scene, and you can score an amazing new bonus from BetMGM. Let’s go over the details on how to claim this BetMGM sign-up bonus.

BetMGM Sign-Up Bonus TodayClick Here To Claim BetMGM Sign-Up Bonus!
Sign-Up Bonus DescriptionUp To $1,500 in Bonus Bets Paid Back if Your First Bet Does Not Win!
Terms21+. Gambling problem? Call or text 1-800-GAMBLER

BetMGM Sign-Up Bonus Today

BetMGM presents a great new offer for newcomers: Get up to $1,500 in Bonus Bets reimbursed if your first bet loses! Just sign up for a BetMGM account, deposit a minimum of $10 and place your first bet. Should your bet lose, BetMGM will refund the amount in the form of bonus bets, up to a maximum of $1,500.

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In 2018, BetMGM emerged under the umbrella of MGM Resorts International following the groundbreaking decision by the U.S. Supreme Court to overturn the Professional and Amateur Sports Protection Act of 1992 (PASPA). This ruling paved the way for legal sports betting in the United States, prompting MGM to collaborate with a gaming operator, now recognized as Entain, to launch a sports betting platform in the country — thus, BetMGM was born.

In the ensuing years, BetMGM made substantial progress by forging partnerships with various leagues and teams, including the NBA, MLB and several NFL franchises. In a surprising move, BetMGM also joined forces with Yahoo Sports to integrate its sportsbook into the Yahoo platform and established a partnership with Buffalo Wild Wings to showcase live odds and BetMGM content on TVs in sports bars. This unconventional collaboration marked a significant milestone in BetMGM’s expansion within the sports betting arena.

BetMGM secured a New York license in 2021 and soon became a prominent sponsor for numerous New York sports entities, such as Madison Square Garden, the Knicks and even the transit system serving MetLife Stadium. More recently, BetMGM formed a partnership with X, further extending its presence in the social gambling sphere.

Although it is currently third in the U.S. sportsbook market, trailing behind DraftKings and FanDuel, BetMGM has been steadily narrowing the gap over the past year. It could very well be on its way to joining the top 2 as the elite of the elite. Ready to see what distinguishes BetMGM and earns them numerous high-profile sponsorships? Find out now by signing up with Stokastic’s BetMGM sign-up bonus!

Looking for other sportsbook promos and DFS apps? Stokastic has a litany of reviews, promotions and discounts for you to help find the right sportsbook for you.

Author
Sam Smith is a writer and editor with Stokastic and OddsShopper. He has been immersed in the world of professional sports data since 2015, while also writing extensively on the NFL for a multitude of blogs and websites. With Stokastic, Sam looks to blend his sports and editorial expertise with Stokastic's data to bring you the best fantasy information possible.

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