BetMGM bonus code TRIB1500 & bet365 bonus code CTNEWS: $2,500 total value available at pair of sportsbooks this week
BetMGM bonus codeTRIB1500, in one of 17 states across the country. Additionally, if you’ve already signed there and are looking for other options, use the bet365 bonus codeCTNEWS to unlock one of two different promotions available in seven different states -- either a $1,000 first bet safety net or $150 in bonus bets.
The unique structure of the BetMGM offer requires you to deposit a total of $7,500 in cash to reach the full $1,500 value. Similarly, you must meet a 10x wager requirement meaning you’ll need to bet 10 times the amount of bonus bets received within the first 30 days of registering your account.
This promotion is currently available for any new customer who is 21 or older in AZ, CO, IL, IN, IA, LA, KS, MA, MD, MI, NJ, OH, PA, TN, VA, WV or WY. You can still claim this promotion even if you’re not a resident, as long as you’re within the boundaries of a legal state, and will still be able to withdraw potential winnings when you return home.
In addition to the deposit match offer, BetMGM has two other promotions that are available across the country.
- TRIB1500: 20 percent deposit match with a $1,500 cap; available in AZ, CO, IL, IN, IA, LA, KS, MA, MD, MI, NJ, OH, PA, TN, VA, WV and WY
- CTNEWSGET: Bet $10 in cash, get $200 in bonus bets; available in MI, NJ, PA, WV
- TRIBUNENEWS: $1,500 first bet insurance; available in Kentucky (and the 17 states where the deposit match is offered)
There’s only one day left on the majority of these offers, as the bet insurance promotion will be changed on Jan. 9. It’s likely that the other two offers will also be swapped out for an updated promotion, so take advantage while you can.
If you’re already signed up at BetMGM and bet365 (or it’s not in your state), you can try ESPN BET’s new promo code for $150 in bonus bets.
Each BetMGM offer has a different structure and thus, requires different deposits or wagers from new customers. We’ll outline the critical points to keep in mind when claiming any of these promotions in the brief subsections below.
All of these promotions are limited to new customers who are 21 or older and present in a legal sports betting state. Any bonus bets earned from these offers cannot be cashed out or withdrawn without being wagered first.
Similarly, bonus bets are not returned as part of a winning stake, as they are only valid for one wager a piece.
Deposit Match: TRIB1500
As explained above, this is a deposit match so you’ll get 20 percent of whatever your deposit in cash matched by the sportsbook — not exceeding $1,500.
You will have to bet 10 times the amount of bonus bets earned within the first 30 days of registering your account.
$200 Bet and Get: CTNEWSGET
This is a ‘bet and get’ offer, thus you’ll earn bonus bets with a small cash wager, regardless of whether it wins or loses.
In this instance, you’ll need to place a cash deposit to register your account and place wager of at least $10 to trigger this offer.
Win or lose, you’ll get $200 in bonus bets.
$1.5K Bet Insurance: TRIBUNENEWS
Finally, this offer structure will be familliar to most folks across the country. You’ll get your full stake refunded in bonus bets ONLY if your first bet loses.
You’ll again need to place a cash deposit to register your account and a cash wager of your choosing to kick off this promotion. If it wins, you’ll collect the profit and keep your stake, but if it loses you’ll get your complete stake back in bonus bets.
The international betting giant’s promotional situation is a little bit different, as the singular bet365 bonus code CTNEWS will unlock both promotions, which are both available in all seven of the states in which bet365 legally operates.
In CO, IA, KY, LA, NJ, OH or VA you can use that bonus code and the module above to sign up for an account with bet365 for either a $1,000 bet insurance promotion or a $150 bet and get.
In six of the seven available states, the legal betting age is 21 or older. However, in Kentucky it’s 18 or older so anyone who is at least 18 can take advantage of either offer.
- First Bet Safety Net: Get your full stake refunded in bonus bets — up to $1,000 — ONLY if your first wager loses.
- $150 bet and get: Regardless of how it settles, get $150 in bonus bets with any cash wager of at least $5.
Both offers are relatively standard structure but we’ve outlined the most important terms and conditions to keep in mind when signing up with bet365.
Since these are welcome offers, they are exclusively for new customers in the seven legal bet365 states. As noted above, in six of those states the legal betting age is 21 or older (the same as other books in other states).
However, in the Bluegrass State the legal betting age is 18 or older and bet365 is one of the sportsbooks that adopted those restrictions. So, in Kentucky anyone who is 18 or older can claim either offer.
As expected, any bonus bets earned from this offer cannot be cashed out or withdrawn without being wagered first. Similarly, any bonus bets earned from this offer will not be returned as part of the stake with any successful wager, as they’re only valid for one wager a piece.
First Bet Safety Net: CTNEWS
You’ll get your full stake refunded in bonus bets — up to $1,000 — if your first bet loses.
These bonus bets do not expire and can be broken down into smaller portions for easier wagers, which is unique to bet365.
$150 Bet and Get: CTNEWS
Like the similarly structured offer above, with this one you’ll get $150 in bonus bets regardless of whether you win or lose, when you place a cash wager of at least $5.
You’ll notice that while this has a lower payout threshold it also has a lower wager threshold that the similar promotion above. You’ll need to make a cash deposit of at least $10 to register your account then place a cash wager of at least $5 to trigger this promotion.
Critically, only wagers with -500 odds or longer will apply, so -440 would work but -640 would not.
We’ll use examples from this week’s slate to demonstrate the best ways to bet with each offer.
There are a lot of promotions available and some are better suited to specific games than others. We’ll go over the best use of these offers with some topical examples below.
If you bet $1,000 on the Suns at +200 against the red-hot Clippers using BetMGM’s bet insurance offer...
- Suns win: you’ll get $2,000 in profit, keep your stake but will NOT earn any bonus bets
- Suns lose: you’ll get $1,000 in bonus bets refunded to your account
If you intend to make a wager of that value, it’s best to use the First Bet Safety Net promotion from bet365 or BetMGM’s First Bet Insurance offer because, your payout will be substantial if you win but if you lose you’re still covered.
If you bet $125 on the Jazz at +300 against the Bucks using bet365′s bet and get...
- Jazz win: you’ll get $375 in profit, keep your initial stake AND earn $150 in bonus bets
- Jazz lose: you’ll forfeit your stake but will STILL earn $150 in bonus bets and thus have covered your initial bet amount
Both bet and gets offer new users a good opportunity to collect some profits and still earn some bonus bets.
While there are some nuances to the sign-up process with each sportsbook, the mechanics of the process are essentially the same regardless of what book you choose to sign up with.
- Download the relevant app or go to the relevant home page for either sportsbook. You will not be able to wager on either site or using either app if you’re using a VPN, as you must have geolocation services on to play.
- Use one of the relevant modules and bonus codes to sign up for an account with either BetMGM or bet365. The corresponding codes for BetMGM promotions should populate when you click the relevant modules. Since there is only one code for bet365, you’ll need to input that yourself and select your preferred promotion from the landing page.
- You’ll then need to input the relevant personal details and meet the deposit requirements for whatever respective promotion you choose.
- Place your first cash wager. In every cash, your first wager must be made in cash to qualify.
