BetMGM code PENNLIVEMGM: Lose your bet, get $1,500 back

We’ve entered Week 16 of the NFL season, which means that we have just two weeks of regular season football left after this one. The week kicked off on Thursday night with the Los Angeles Rams earning a massive home win over the New Orleans Saints. There are 15 more games on the league’s schedule between Saturday and Monday as the league celebrates Christmas in style.

It’s the holiday season, and BetMGM Sportsbook is offering all new players who sign up using promo code PENNLIVEMGM an extremely valuable welcome bonus.

If you lose your first bet, BetMGM will refund you up to $1,500 in bonus bets. They are literally giving you free money to bet.

New BetMGM Sportsbook users can make use of the bonus code ‘PENNLIVEMGM’ to access the sportsbook’s sign-up promotional deal. Their offer acts as a safety net, covering losses up to $1,500 in the event of an unsuccessful initial real-money wager in the form of a bonus bet.

BetMGM is extending an enticing opportunity for new bettors to place their first bet with confidence. Should the first bet result in a loss, BetMGM Sportsbook will reimburse the original wager, matching it with bonus bets up to $1,500. For example, if the initial bet is $800 and proves unsuccessful, BetMGM will provide a $800 bonus bet, offering a second chance at the original bet.

If the initial bet is not successful, BetMGM Sportsbook will issue a refund in the form of a bonus bet. These bonus bets must be utilized within seven days and are subject to a 1x playthrough requirement. The maximum bonus bet for this promotion is $1,500, and if the initial bet exceeds this amount, the promotional refund from BetMGM will be capped at $1,500.

While this offer bears resemblance to other sign-up bonuses in the industry, BetMGM distinguishes itself by offering the highest maximum cap on its promotion. Competitors typically cap at $1,000 or lower, whereas BetMGM allows users to receive up to $1,500.

With a longstanding presence on the iconic Las Vegas strip spanning several decades, BetMGM has seamlessly transitioned into the online sports betting arena, capitalizing on its robust technology. Branded as the “King of Sportsbooks,” BetMGM proudly stands as a preferred choice among online sports bettors.

In addition to its noteworthy welcome bonuses, BetMGM sets itself apart with exceptional bet customization features, such as alternate lines and same-game parlays. The platform also provides users with a diverse array of transactional methods, streamlining both withdrawals and deposits. Furthermore, BetMGM has recently modernized both its website and mobile app, elevating the overall user experience.

In the latest PennLive review, BetMGM garnered a commendable overall score of 9.2, underscoring the platform’s excellence across various aspects.

For PennLive users who have not yet registered with BetMGM Sportsbook, there is an excellent opportunity available now. Follow these steps to register and fully capitalize on the promotional offer:

1. Utilize the exclusive PennLive link to access the BetMGM sign-up page.
2. Enter the promo code “PENNLIVEMGM” to activate the sign-up offer.
3. Provide all necessary personal information, including your name, email address, and date of birth.
4. Download the BetMGM Sportsbook app for convenient betting and monitoring on the go.
5. Fund your account with a minimum deposit of $10, using any of the available deposit methods.
6. Place your initial wager, remembering that the maximum refund is capped at $1,500.

It’s crucial to emphasize that any bonus bets issued through this promotion must be used within seven days to prevent expiration. Bonus bets are subject to a 1x playthrough requirement, and the stake from the bonus bet is not included in the payout for wagers.

With 14 games in the books for each team, let’s take a look at the top performing and worst performing teams in the league when it comes to covering spreads. We’ll also take a look at which teams have the highest percentage of their games go over the total, and which teams are under teams.

Find plenty of useful information like this in our NFL betting guide, which is a must read before every weekend’s games.

1. Baltimore (9-5)
2. Dallas (9-5)
3. Miami (9-5)
4. Tampa Bay (9-5)
5. Indianapolis (9-5)

1. New England (3-10-1)
2. Carolina (3-9-2)
3. Atlanta (4-10)
4. New Orleans (4-10-1)
5. LA Chargers (5-9)

1. Indianapolis (10-4)
2. Detroit (9-5)
3. Washington (8-6)
4. Miami (8-6)
5. Dallas (8-6)

1. Minnesota (4-10)
2. Las Vegas (4-10)
3. Pittsburgh (4-10)
4. NY Giants (4-10)
5. Carolina (4-10)

Think you know Penn State football? Play the PennLive.com Prop Bet Showdown for a chance to win prizes!

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