BetMGM Bonus Code Offers $1,100 for Elite Eight, Any Saturday Event
Just like that — the Elite 8 is here and BetMGM bonus code TOPACTION1100 can be used for players to return their wager in bonus bets for a first bet of up to $1,100.
What does this mean? If you place a $100 at BetMGM Sportsbook (bet can be any amount up to the $1,100 threshold) on Gonzaga at +115 with this promotion, you would either get the $215 winnings, or lose and get your $100 back in bonus bets.
There are actually three possible offers depending on what you want, and what state you’re in. We’ll detail all three below.
Let’s chat further about how to use bonus bet chances to your own benefit. We’ll use Gonzaga-UConn at 8:30 p.m. ET as our example.
BetMGM Bonus Codes, Explained
Here are the three possible offers available for Saturday’s Elite Eight or any other events.
- BetMGM Bonus Code TOPACTIONDANCE: This BetMGM promo code revolves around March Madness. New users receive $200 in bonus bets after they bet $10 on a college basketball moneyline. This offer isn’t available in NY and DC. It’s a good low-risk offer for new Massachusetts users.
- BetMGM Bonus Code TOPACTION: Massachusetts players can receive up to $1,000 back in bonus bets if your first wager loses. If it loses, the book will return your wager in bonus bets equal to what you lost.
- BetMGM Bonus Code TOPACTION1100: This Action Network exclusive offer gives you $1,100 back in bonus bets if you lose your first bet. BetMGM takes your first bet and matches it in bonus bets if you lose. New customers in MA, NY, or DC won’t have access to this promo.
BetMGM Bonus Bets: Gonzaga-UConn
If you place your first bet on the house on anything preceding the Elite 8 doubleheader, you should have them ready (if you lose using TOPACTION1100) for tipoff.
Let’s pretend that’s the case here.
Our bonus betting strategy indicated to avoid the impulses you might have to bet on something with juice (the spread or total). We want you to reach a bit higher and go for something that has lower implied probability and higher risk.
Why? It will give you more value over the course of betting with bonus bets. Don’t think about how many bets you win or lose; think about the total value you rake in for the bottom line.
Plus money will benefit you — especially since you won’t keep your stake when you bet with bonus bets.
OK, let’s find one by assessing the matchup between Gonzaga and UConn for a ticket to the Final Four.
A good way of achieving the line we’re looking for is creating a parlay. UConn is favored by 2.5 points on the spread at BetMGM.
We’ll take them to win straight up at -135 —which is a market best — and slap it together with Gonzaga +2.5 for +225 odds.
With $100 forked on this, $225 in real profits would come back with a win — not $325 since the stake goes back to the book here. Or, $0 comes back with a loss.
Pounce on the opportunity that bonus bets afford you; it can boost you up early on with a new sportsbook and open more avenues for strategizing without harming your bankroll.
BetMGM Sign Up
- 21+ years old
- New bettors must be located in a legal BetMGM state. You aren’t required to be a resident to bet in that state. Check out our travel betting guide
- Use online banking, PayPal, a credit card, or another banking option to make a deposit.
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