BetMGM Kentucky bonus code: Get $100 in KY, $1.5k first bet offer in most other states

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BetMGM Kentucky bonus code: Get $100 in KY, $1.5k first bet offer in most other states

BetMGM Kentucky bonus code NYPNEWS qualifies new Kentucky customers for $100 in bonus bets with account registration before Sept. 28. This introductory promo comes as Kentucky is set to launch mobile sports betting across the state.

This offer is extremely simple to activate as users will only need to create a BetMGM Sportsbook account prior to the Sept. 28 date. Once sports betting is live on that day, $100 in bonus automatically deposits into your new account.

All other BetMGM customers, besides those in D.C., New York and Kansas, can access up to $1,500 in bonus bets from BetMGM if their first bet misses. This requires a new account using bonus code NYPNEWS, a minimum $10 deposit and a wager of any size.

Keep in mind that BetMGM only allows one welcome offer per customer to be redeemed. We’ll outline the details of both the BetMGM Kentucky offer and the first bet introductory promo below.

Do I qualify for the BetMGM Kentucky deal?

  • 21+ to wager
  • Physically-located in Kentucky (you don’t have to be a resident)
  • Access to the BetMGM website or mobile app to create an account

How do I sign-up for BetMGM in Kentucky?

  1. First, customers need to navigate to BetMGM Kentucky.
  2. bonus code NYPNEWS. Be sure to provide verified identity and contact information.
  3. That’s it! On Sept. 28, BetMGM will deposit the $100 in bonus funds into your account.

Essentially the only requirement of the BetMGM Kentucky deal is that you are located in Kentucky and create the account prior to the sports betting launch on Sept. 28. You’ll have bonus funds in your new account to place on any market or odds you prefer on the platform.

BetMGM bonus funds are valid for seven days in the account before expiring. These bonus bets can be used as currency within the platform but cannot be withdrawn.

Details of the BetMGM first bet offer

The other gigantic welcome offer from BetMGM is available for new customers in all BetMGM locations other than D.C., Kansas and New York. New users will need BetMGM bonus code NYPNEWS to set up an account, make at least a $10 deposit and place a cash wager on any market or odds.

If your first bet hits, you win cash and the returned stake just like any other bet placed on the platform. If the bet misses, BetMGM will cover your stake loss up to the maximum $1,500 in bonus bets.

If your bet misses, BetMGM pays out the bonus bets depending on the size of your wager. A wager of $50 or less earns bonus bets within 24 hours. A larger wager of $51 up to the maximized $1,500 and BetMGM pays the bonus bets with five separate deposits equal to the stake loss.

Similar to the other promo, these BetMGM bonus funds are valid for seven days and can be used across the platform. Keep in mind that wagers funded by bonus bets forfeit the stake back to the house because you can only play the bonus one time through.

Example wager for the BetMGM first bet deal

The BetMGM first bet deal is easy to navigate. Let’s say you create a three-leg Saturday college football parlay for +600 and maximize the wager at $1,500.

All of the legs of the parlay hit and you earn $10,500 in total from the $9,000 in cash winnings plus the returned stake of $1,500. In this scenario you don’t earn any bonus bets because your first bet hit.

Now, let’s say at least one of the legs of the parlay misses and therefore the first wager is a loss. Since you maximized the offer, BetMGM will deposit five separate payments of $300 in bonus bets to cover the stake loss totaling $1,500. These bonus bets cannot be withdrawn like cash but can be used on different wagers throughout the BetMGM platform.

BetMGM.com for Ts & Cs. Must be 21+ to wager. KY only. New Customer Offer (If applicable). All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire in 7 days from issuance. Gambling Problem? Call 1-800-GAMBLER.