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The BetMGM bonus code TRIBUNEMGM initiates a generous first bet offer for new users. New BetMGM players can get their first bet on the house — up to $1,000 — with the bonus code above.
Tons of sportsbooks across the country offer users promotions with varying structures to entice new customers, but it can be hard to discern which offers are worth the money.
This new customer offer is structured as first bet insurance so players will get their total stake back in bonus bets — capped at $1,000 — if their initial cash wager doesn’t hit. Users can deploy this promotion for any MLB game, World Cup match or even the NFL Preseason.
We’ll elaborate a bit on the nature of this promotion and highlight the critical sign-up conditions in the paragraphs below.
BetMGM bonus code offer, explained
Many different sportsbooks provide users with some kind of wager protections when they sign up with a specific bonus code and BetMGM is no different. This offer is structured as first bet insurance so new players will essentially get their first bet on the house.
New players will get their complete stake back in bonus bets — capped at a $1,000 — if their first wager loses, when they sign up for a BetMGM account with the bonus code TRIBUNEMGM.
After that, new users will need to make a deposit of at least $10 to register their account. From there, they’ll need to place a cash wager to trigger this promotion.
Notably, only cash deposits and wagers will be accepted so any bets placed using credits will not register the account nor will it trigger the welcome promotion.
If a user wins their first wager, they’ll keep their stake and collect the profits but will not get any bonus bets. Conversely, if that first wager doesn’t hit, they’ll get their entire stake back in bonus bets — capped at $1,000 — that can be used for any other wager on the platform.
For example, if a bettor places a $100 cash wager on the White Sox at +180 against the Reds and Chicago wins, they’d collect $180 in profit and keep their $100 stake.
However, if that same wager was unsuccessful, they’d get $100 in bonus bets that can be used for any other wager. If that initial wager was $250, they’d get $250 and so on, up to $1,000.
Notably, that first wager must be a cash wager to trigger this promotion.
Critically, bonus bets earned from this promotion are only valid for one wager a piece and cannot be cashed out or withdrawn without being wagered first.
BetMGM sign-up information
Prior to signing up with BetMGM, new users should review the conditions outlined below to ensure they get the most value out of this promotion.
Critically, this promotion is restricted to new customers who are at least 21 years old and present in a legal BetMGM state. Users do not need to be a resident of any of those states to take advantage of this offer but they must be within state limits, which BetMGM will verify using geolocation data.
If users meet all of those criteria, they can click the module displayed above and use the bonus code TRIBUNEMGM to sign up for an account. Users can deploy that bonus code to claim the first bet insurance offer as well.
From there, players will need to make a small cash deposit of at least $10 and place a real-money wager of their choosing to initiate this offer. As mentioned above, only cash deposits and wagers will be accepted so any deposits or bets placed with credits will not qualify.
If that first wager wins, players will keep their stake and collect the profits.
However, if that initial wager goes south, players will get their complete stake — up to $1,000 — back in bonus bets.
Any 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 between 24 and 48 hours after the qualifying wager settles and will remain valid for up to seven days after distribution.