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BetMGM Sportsbook & Casino – Best Bonus Codes – $1000 Risk Free Bet - August 2022 Promos

Current Verified BetMGM Sportsbook Bonus Promo Code Page Logo

Simply sign up using promo code Awesemo, make a deposit and place your first wager. If the bet loses, you’ll receive the amount of your wager back in free bets.

BetMGM Sportsbook




BetMGM Casino is now live in Michigan, New Jersey, Pennsylvania, and West Virginia. 

BetMGM Casino




Table of Contents

Introduction to BetMGM

BetMGM is owned by MGM International and Entain (formerly known as GVC Holdings). These two companies are world leaders in the hospitality and gambling industries and are proven and legitimate. Do rest assured that when you put your money in, it will be handled by experienced professionals and you will get out of it what you deserve! If you want to full understand what BetMGM offers and how online sportsbooks work, make sure to scroll down to get the full comprehensive review from us here at Awesemo.

Promotional Offer Specifications

$1000 risk-free bet for your first wager, BetMGM will cover the cost of this bet if you were to lose with site credits.

To register:

  • Full name
  • Mailing address
  • Email address
  • Date of birth
  • Last four digits of your social security number

Once verified, you can now deposit money into your account.

What Sports are Available to Bet on

NFL, NBA, MLB, NHL, MLS, PGA Tour, EPL, collegiate-level betting in states where it is allowed, etc.

Types of Bets Available

BetMGM offers any number of different types of bets to choose from, but for their most popular selections, you can choose from straight bets (a single pick), parlays, which feature two or more picks or round robins, which allow you to place three or more bets and pair them together in separate parlays. For more on the types of bets available see below:


A futures bets are placed on action that’s happening at some point in the not too distant future, that’s usually tied to an end point of a season or event, such as Super Bowl winner or  NL Cy Young award winner, or player to go first overall in the NBA draft.


Moneyline bets are the most basic wager in all of sports betting. Simply put you’re betting on Team A or Team B to win the game. If you’re betting on a favorite, they will have a minus sign  in front of the odds, giving you less money back for your wager than an underdog, which will have a plus sign attached to the number.

Live in-game

BetMGM currently accepts live-in-game action for certain events, so you can bet on props or teams while the game is happening.


Parlays are combined of two or more single wagers into a single ticket, which then multiples the odds to a higher amount than  two single  bets  on separate tickets. In order to win a parlay bet, a bettor must get all the bets correct on that ticket.

Point spread

A point spread bet is a wager on the difference of points between two teams in a single sporting event. The point spread number is provided by BetMGM, and then a bettor chooses what side they want to ‘cover’ that differential. If the New England Patriots are favored by 7.5 points over the New York Jets, but only win by seven points, the Jets would have covered that spread, and bettors who placed their wagers on the Jets +7.5 would have won.


Straight bets are types of betting wagers on a single game or event that carries a point-spread, game total, money line, run line or puck line. 

Prop bets

A prop bet (short for proposition bet) is a wager that is independent of the final score of a game or outcome. These wagers encompass bets that aren’t point spreads, totals or moneylines. Some examples:

  • Kansas City Chiefs over 11.5 wins in an NFL season
  • Luka Doncic under 8.5 assists in an NBA game

Round Robin

As soon as you have entered at least three or more picks (up to eight on BetMGM) on the bet slip, you can place a Round Robin bet. The number of possible Round Robin bets depends on the number of possible outcomes, which is tied to how many selections you have made. The bets possible with your picks will be displayed automatically.


A teaser is like a parlay bet but for point spreads. You can combine two or more games together (usually a maximum of four  games)  and get points shaved off the spread. If you tease three, 3.5 favorites down to pick ‘ems, you then receive a lower

Totals or over unders

The main types of totals bets feature action on the score of a game or the  score of a team in a game. A bettor places action on whether they think the  total  amount of points scored will be higher or lower than the amount listed by BetMGM.

How to Make a Deposit

Once your account is verified, you can deposit money into your account in many different ways. BetMGM accepts several methods including:

  • Visa
  • Mastercard
  • PayNearMe
  • PayPal
  • Play+
  • Skrill
  • ACH Transfer
  • American Express
  • Discover Card
  • Casino Cage

How to Make a Withdrawal

Your account needs to be verified before you can make a withdrawal. BetMGM allows for the same methods most other sportsbooks will offer including:

  • ACH (e-check)
  • Bank check
  • PayPal

BetMGM Sportsbook




BetMGM Ongoing Promotions

Here are some promotions you can expect while using the BetMGM sportsbook app that have been previously done. Risk-Free Prop Bets: BetMGM loves running promotions to help add value to your favorite prop-bets. One that the sportsbook is famous for is making your first to score prop-bet on NFL games risk-free if the player you selected scores at any time. Challenges to Win Free Bets: BetMGM will offer challenges throughout the year for almost all the major sports, so you have a chance to win free bet money. The NFL has the Pick 3 Challenge, where you get three choices that you believe will score first in their matchup. You get bonus money for every one you get correct, and it is multiplied the more you get correct. Parlay Profit Boosts: BetMGM runs tons of promotions where the sportsbook will boost the profits of certain forms of parlays. These are often run to promote certain events or new features on the site. For example, BetMGM runs a bunch of profit parlay boosts for the start of the NBA season. Free Bet Money: BetMGM has things such as the Money Monday Club where you can receive free bet money every week for simply placing a certain amount of wagers each week. The only thing you need to do is opt-in to these clubs and follow the instructions to earn your free bet money. Casino Promotions: In states in which BetMGM has its online casino available, you can get tons of amazing promotions from free-bet money to risk-free wagers to competitions to earn real cash! You can find all of these in the same promotions tab for the sportsbook, as BetMGM consolidates all promotions in one place for each state.


In-depth FAQs and emailing options Live chat with agents to fix issues on the spot


What is the best BetMGM Bonus new user link?

Use the Awesemo link,, for a risk-free bet up to $1000 today.

How do I use the new user link?

All you have to do is simply use the Awesemo link and register. You must be a new user of BetMGM and be physically located in a state in which BetMGM is legally allowed to be live. You must make a deposit and the first bet will be risk-free up to $1000.

What is the legal age for BetMGM Sportsbook?

The legal age for every state in which BetMGM operates is 21 years of age.

Where can I find BetMGM’s Android application?

Google does not allow adult applications within its Google Play Store, but you can find the Android app on BetMGM’s browser site.

How do I give BetMGM my location?

BetMGM will need your geographic location so that it can verify the legality of the state you are in. You can give the location through pop-up’s on the website, or within the settings for your mobile device.

Is BetMGM Sportsbook legal in my state?

BetMGM Sportsbook is legal in the following states:
  • Colorado
  • New Jersey
  • Indiana
  • Pennsylvania
  • Tennessee
  • West Virginia
  • Michigan
  • Virginia
  • Washington DC.

Do I have to deposit money for the bonus on BetMGM?

You must deposit money to earn any new-user bonuses. For example, if you deposit $5 then your risk-free wager can only be $5.

Is BetMGM legal and safe to use

Yes, BetMGM operates in the United States legally. You can legally use BetMGM in any state in which the sportsbook is licensed and regulated in.

Does BetMGM accept cryptocurrencies like Bitcoin and Ethereum?

It seems logical that sportsbook operators would employ blockchain technology for online gambling, as many blockchains were designed specifically for online payment systems. However according to BetMGM, it is unclear whether they will be able to support cryptocurrency payments, wagers, or withdrawals in the future due to uncertainty around regulation. In addition to regulatory uncertainty, price volatility causes a lot of headaches for sportsbook operators and users alike. Consider the recent volatility of coins like Dogecoin (DOGE), Shiba (SHIB) and other meme-coins. Speaking to Bitcoin (BTC), Ether (ETH) and other cryptocurrency users in a recent article, BetMGM says that “At the end of the day, the only thing we know for sure is that cryptocurrency’s future in online gambling is a roll of the dice.”

BetMGM Sportsbook




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