BetMGM bonus code TRIBUNEMGM unlocks huge $1.5K first bet offer for any weekend wager
The current BetMGMbonus code TRIBUNEMGM generates an excellent First Bet Insurance deal for new users.
Players who sign up for an account using that code can get up to $1,500 back in bonus bets that can be used for any additional wager on the platform.
Generally, American sportsbooks offer new users one of two different types of welcome bonuses: First Bet Insurance or Bet and Get. This promotion is the former.
With this type of structures, users will need to make a small deposit and place a cash wager to trigger this promotion. Notably though, that user will only collect bonus bets if their first wager loses.
With college and professional football season right around the corner, BetMGM is a great option for users looking to place their early futures bets, or just find some action on the money line.
We’ll elaborate on the nature of this promotion, go over the relevant sign up details and provide some examples of potential bets in the ensuing paragraphs.
Since this is a First Bet Insurance offer, a new user’s initial wager will have to settle as a loss for them to get any bonus bets.
New users can click on one of the modules throughout this article and use the bonus code TRIBUNEMGM
After that, the user will need to place a small cash wager of their choosing to trigger this First Bet Insurance promotion.
Of course, if that first bet wins the user will keep their stake and collect whatever profits they’ve earned. However, if that first wager goes south, new users will get their full stake back in bonus bets — capped at $1,500.
For example, if a new user in Maryland places an initial $1,200 cash wager on the Florida Gators at +170 against the Utah Utes, and UF wins, that player would collect just over $2,000 in profit and would keep their initial stake.
However, if Utah won, that same player would get $1,200 in bonus bets that they could then spend on any additional wager on the platform.
Critically, bonus bets are distributed proportionally based on a player’s first stake. So any bet of $50 or more will earn a user multiple bonus bets of equal value.
In the example above, a player would get five bonus bets total, each with a value of $240.
Initial wagers that are less than $50 will earn users just one bonus bets, equivalent to the value of their stake.
Any bonus bets earned from this promotion are valid for one wager a piece and thus cannot be withdrawn or cashed out without being wagered first.
Before signing up for an account with BetMGM, new users should go over the account conditions below to make sure they get the most out of this First Bet Insurance offer.
This promotion is limited to new customers who are at least 21 years old and present in a legal BetMGM state.
\While users do not need to be a resident of the state to claim this offer, they must be present within legal state limits which the book will verify using geolocation data.
If a player meets those requirements, they can click on any of the modules throughout this piece and use the bonus code TRIBUNEMGM
Signing up with that bonus code will automatically register the user for the First Bet Insurance offer.
From there, a bettor can wager up to $1,500 and still be covered by the BetMGM First Bet Insurance promotion. If the player’s first bet wins, they’ll collect their profit.
However, if that first bet loses — any bet of up to $1,500 is eligible — that player will get their stake back in bonus bets.
Bonus bets earned from this promotion are valid for one wager a piece and cannot be cashed out or withdrawn without being wagered first.
Similarly, any bonus bets earned from this offer will typically be distributed within 24 hours after the qualifying wager settles and will remain valid for up to seven days after distribution.
