MLB Home Run Derby BetMGM bonus code: Your first bet is covered up to $1,000

Catena Media provides exclusive sports betting and casino content to NJ.com, including picks, analysis, tools and sportsbook offers to help bettors get in on the action. Please wager responsibly.

Monday night features the Major League Baseball All-Star Home Run Derby, and using our BetMGM bonus code can net new customers a bonus of up to $1,000.

The Home Run Derby is one of the most anticipated annual MLB All-Star events.

This year’s version, featuring the usual eight sluggers and three rounds of head-to-head bracket-style competition, is set to start at 8 p.m. ET at Seattle’s T-Mobile Park and air live on ESPN.

BetMGM has you covered for all the long-ball wagering action, and opening your new account with the King of Sportsbooks is quick and easy:

• Fill in all required fields to register, including the bonus code PLAYNJSPORTS.
• Deposit at least $10 into your new account via your preferred method.
• Place your first bet of at least $10 on the MLB Home Run Derby or any other qualifying market. If your wager isn’t a winner, you’ll get your entire stake back up to $1,000 as bonus-bet credit.

Your bonus bets will be good for seven days after they land in your account and are valid for any bet type or market BetMGM offers.

They’ll be paid out in five bonus bets of equal increments if your initial losing bet stake was $50 or more. If it was $49 or less, you’ll receive one bonus bet equal to your stake.

The eight Home Run Derby competitors are seeded according to their home run totals. That gives us the four head-to-head matchups (1 vs. 8 seed, 2 vs. 7, etc.) in the quarterfinal round.

The sluggers get their shot to launch as many homers as possible during their timed sessions. The matchup winners advance through the bracket until the 2023 champion is crowned.

The 2022 champ, San Diego Padres slugger Juan Soto, isn’t competing this year.

But the New York Mets’ Pete Alonso, the winner of the two previous derbies (2019 and 21), is seeded second. BetMGM had Alonso listed as the early Derby favorite at +275.

• (2 seed) Alonso +275
• (6) Vladimir Guerrero Jr. +350
• (1) Luis Robert Jr. +450
• (4) Adolis Garcia +600
• (7) Julio Rodriguez +600
• (5) Randy Arozarena +900
• (3) Mookie Betts +1000
• (8) Adley Rutschman +2000

BetMGM also offers moneyline odds on each participant making the final and each quarterfinal matchup. If you’re keen on learning more about MLB betting, take a look at our best MLB betting sites, offering comprehensive industry insight.

Get in the swing with this generous BetMGM welcome bonus. And there’s more good news as it is only one of the many bettor perks and promos found at the highly-rated sportsbook.

Here’s a sampling of the year-round boosts and benefits BetMGM customers can take advantage of:

• Odds boosts: Receive improved odds on select markets.
• Early cash outs: BetMGM offers cash-out options on some straight and parlay bets before the event concludes.
• Referral bonus: Invite a friend, and if they create a BetMGM account and meet the referral requirements, you’ll both receive bonuses.
• MGM Rewards: Accumulate BetMGM Rewards points via your sports wagers and redeem them for bonus bets, digital bonuses, and even benefits at MGM resort properties nationwide.

If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net