BetMGM Bonus Code FOXSPORTS: $1500 in Bonus Bets if Your First Bet Loses

This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.

BetMGM is one of the most established names in sports betting, combining a premium app experience with the trust and tradition of the MGM brand. New users can unlock up to $1,500 in Bonus Bets with the current BetMGM bonus code FOXSPORTS plus a $50 BetMGM Reward Points Bonus. The Paid Back Bonus refunds your stake in Bonus Bets if your first wager loses, available to eligible customers in approved states.

Over in the MLB, Aaron Judge and the New York Yankees face Mike Trout and the Los Angeles Angels. The Colorado Avalanche close out the regular season against the Seattle Kraken as they get set for postseason hockey. 

On this page, we’ll walk you through how the First Bet Offer works, the terms and conditions, where it’s legal and a complete BetMGM Sportsbook review.

Current BetMGM Promo Offer: Get a $50 BetMGM Reward Points Bonus + First Bet Offer Up to $1,500

New customers who sign up with BetMGM, deposit at least $10, and place their first wager with the First Bet Offer token applied can get their money back in bonus bets if that wager loses — up to a maximum of $1,500.

With promo code FOXSPORTS — the token will appear automatically in your account once you register. BetMGM’s offer is one of the largest welcome bonuses available in the market, appealing to medium-to-high-stakes bettors.

Today’s top BetMGM promotions for existing customers

• Hat Trick Jackpot: Get a share of $10,000 in Bonus Bets if your anytime goal scorer gets a hat trick!

BetMGM Bonus Code Terms and Conditions

Below we delve into the details of the BetMGM offer:

BetMGM First Bet Offer: FOX SPORTS, $1,500 Safety Net Terms and Conditions

• Offer available to new customers only.
• Must be of legal gambling age and physically present in a legal state (AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MS, NC, OH, TN, VA, WY).
• New users must make a minimum deposit of $10.
• Only the first real-money bet qualifies for the welcome offer.
• If your first bet wins, you receive your stake plus winnings in cash.
• If your first bet loses, BetMGM refunds your stake in bonus bets, up to $1,500.
• If the wager is less than or equal to $49, users get one bonus bet token worth the initial wager.
• If the wager is $50+, the bonus bet is paid out in five tokens worth 20% of the initial wager.
• Bonus bets expire in seven days after issuance.
• Bonus bets pay out winnings only, not the initial stake.

BetMGM Alternative Bonus Offer Details: FOX SPORTS, Bet $10, get $150

• This alternate welcome bonus is only available in Michigan (MI), New Jersey (NJ), Pennsylvania (PA), and West Virginia (WV).
• To qualify, new users must make a minimum $10 deposit.
• Place a first wager of at least $10 on any eligible market.
• If the wager wins, BetMGM credits your account with $150 in bonus bets.
• If the wager loses, no bonus is awarded (this offer requires a win to trigger).
• Bonus bets are issued within 24 hours of the bet being settled.
• Bonus bet expiration: All tokens must be used within 7 days of being credited.
• Bonus bets are non-withdrawable; only net winnings can be cashed out.

How to Register and Claim BetMGM Sports Betting Bonus Code

Getting started with the BetMGM welcome promotion is quick and easy. Here is a step by step guide:

1. Click here or on any of the other “Claim Bonus” buttons on this page. This will take you directly to the BetMGM app or website and automatically apply the promo code.
2. Select Sign Up and create a new account by entering personal details (name, email, date of birth, address, and last 4 digits of SSN).
3. When prompted, enter the promo code FOXSPORTS to ensure the offer is applied.
4. Make your first deposit of at least $10 using an accepted payment method (PayPal, Venmo, debit card, online banking, etc.).
5. Place your first real-money wager on any eligible sport:
6. If claiming the $1,500 First Bet Offer → refund is triggered only if the first bet loses.
7. If claiming the $10/$150 Alt Offer → the bet must win to receive the $150 bonus bets.
8. Bonus bets are credited to your account within 24 hours once the qualifying bet settles.

BetMGM Promotions for Existing Customers

While the BetMGM welcome bonus is the main draw for new players, sports betting doesn’t stop there. Existing customers can take advantage of a constant rotation of promotions designed to keep the betting experience fresh, rewarding and engaging.

BetMGM Lions Boost Promotions

One of BetMGM’s signature offerings for existing customers is Lion’s Boost, which serves as the sportsbook’s version of enhanced odds. These promotions accept pre-selected bets or parlays and increase payout odds; For example, a line that was originally +160 could be increased to +200. Lion’s Boosts are usually offered daily and often highlight important matchups like NFL Sundays, NBA playoff games, or Premier League football.

Most raises include single bets (like “LeBron will score more than 25 points”) or parlay bets selected by BetMGM, meaning you can’t customize them yourself. Unlike some competing sportsbooks, BetMGM doesn’t typically impose strict maximum bet limits, but the selection is more limited compared to the frequent win boosters you’ll find on FanDuel or DraftKings. These promotions can still offer value, but it’s worth remembering that bookmakers design powered parlays with their own advantages in mind, so approach them with cautious optimism.

Comparison of BetMGM promotions with other sportsbooks

Where is BetMGM Legal?

BetMGM Sports Betting Review 2026

BetMGM has become a reliable, feature-rich book that balances market depth with a familiar casino-backed brand. If you want an app that’s easy to learn but powerful enough for live betting and parlays, BetMGM is the way to go.

• User Experience & Interface: Navigation is straightforward: sports → game → markets, with a clear betslip and quick toggles for parlays and props. Odds and boosts are easy to spot, and “My Bets” is well organized.
• Mobile App Performance: Day-to-day performance is smooth with quick bet acceptance. During peak windows (NFL Sundays), it’s solid, though not quite the fastest in the category.
• Market Depth: Excellent coverage across major and niche leagues, plus robust player props and alternate lines. Same-game parlay menus are deep for football, basketball, and baseball.
• Betting Tools & Innovation: “Edit My Bet” lets you add, remove, or swap legs on eligible tickets. Cash Out is widely available, and the SGP builder makes multi-leg construction simple.
• Live Betting: Large in-play menus with fast updates and reliable Cash Out. Streams are available on select sports (notably tennis, soccer, and horse racing), and live stats/scoreboards are easy to follow.
• Promotions: Frequent profit boosts and featured SGP offers. The welcome typically takes the form of a first-bet safety net for new users, with rotating event-based promos during peak seasons.
• Banking & Withdrawals: Plenty of options— online banking/ACH, debit card, PayPal, Venmo, Play+, and cash at partner casino cages (where available). Deposits are instant; most withdrawals clear in 1–5 business days depending on method.
• Trust & Support: Licensed in numerous U.S. jurisdictions and backed by MGM Resorts. Strong responsible-gaming tools (limits, time-outs, self-exclusion) and responsive 24/7 help via live chat and email.

BetMGM Experience and User Interface

The BetMGM sportsbook has a sleek, user-friendly interface with easy navigation, quick links to top sports, trending markets and promotions.

The menus are clear, although they may seem a little busier than DraftKings or FanDuel, and customization helps through a Favorites tab for saving preferred sports and markets. Markets update quickly and the live field view with stat trackers makes in-game betting more seamless.

If you’re in a state with a casino or online poker, setting up an account and wallet keeps everything seamless. Overall, BetMGM is a polished, well-equipped book that is a smart choice for both new and experienced bettors.

BetMGM Mobile App Review

The BetMGM app is available on iOS and Android, has strong ratings and has been downloaded by millions. It’s easy to use: menus are responsive, markets load quickly and the betting slip is intuitive. The design packs more markets onto a single screen, which power users love, although some may prefer the cleaner look of its rivals. Mobile features include One Game Parlays, a flexible Parlay Builder and BetMGM’s “Edit My Bet”, all optimized for small screens. You also get Face ID/Touch ID login, dark mode, and geolocation that offers legal, state-specific odds and promotions, plus push notifications for odds boosts, results, and new offers.

BetMGM Sports Betting App Market Depth and Betting Options

BetMGM has earned a reputation as one of the deepest and most versatile sportsbooks in the US, covering all major leagues and events while expanding into niche markets. The app makes it easy to find odds across a wide variety of sports, with market depth that consistently compares well to the competition.

Sports you can bet on with BetMGM:

• NFL Odds
• College Football Odds
• NBA Odds
• MLB Odds
• And more, including international soccer, golf, tennis.

BetMGM Bet Types

Key events you can bet on with BetMGM:

Compared to Caesars and PointsBet, BetMGM offers more futures and ancillary markets, giving bettors more flexibility in how they play. While FanDuel and DraftKings may lead the way in Same Game Parlay user experience, BetMGM keeps pace with its wide-reaching markets and exclusive Lion’s Boost promotions. For international football, BetMGM offers coverage that rivals bet365, making it a good option for bettors looking for both domestic and global action.

Betting and Innovation Features

Below are some key features of the BetMGM app:

Key Features:

• Edit My Bet – lets you change, swap, or add legs to open wagers (rare compared to competitors).
• Cash Out – settle bets early to lock in profits.
• One Game Parlays (OGPs) – available across NFL, NBA, soccer, and more.
• Live Streaming – select sports/events available inside the app.
• Early Cashout Notifications – push alerts prompt users when there’s a cash-out.

FanDuel wins at Same Game Parlays and DraftKings relies on analytics, but BetMGM sets itself apart with its flexibility and control tools.

BetMGM Live Betting

BetMGM’s live betting platform is rock solid, with real-time odds on the NFL, NBA, MLB, NHL, college sports, soccer, tennis, and more. Fixtures and alternate lines update instantly, global depth is a strength (think international soccer and tennis), and the user experience is seamless with minimal lag, live stats/scoreboards, and the occasional live stream. On mobile, in-play betting is equally robust for on-the-go betting, with cash-outs available during games and the ability to create live one-game parlays (OGPs). Overall, BetMGM wins for the depth of its live markets and its streaming integration.

BetMGM Promotions

BetMGM offers a rotating range of promotions and loyalty benefits:

• Expect Lion’s Boosts (daily odds boosts).
• Occasional Bet & Get offers (for example, “Bet $10 on NFL, Get $50 in bonus bets”).
• Refer-a-Friend deal where both you and your friend receive $100 in bonus bets, plus Reward Multiplier Days that stack extra BetMGM Rewards points.

With BetMGM Rewards, every bet earns points that you can redeem for bonus bets or MGM hotel and casino perks, like rooms, meals and entertainment. That link to the real world gives BetMGM an advantage over books without a physical network.

BetMGM Banking: Deposits and Withdrawals

Trust and security

BetMGM places a strong emphasis on protecting its players, with built-in security measures that help ensure a safe and responsible betting experience. The app uses verified payment methods and strict account verification (KYC) processes to keep accounts secure, while offering a suite of responsible gaming tools. Players can set deposit and loss limits, schedule timeouts, or even self-exclude if they need a break.

The sportsbook is currently legal in 19 states plus Washington, DC, and additional markets, such as Missouri, have recently become legal as well. BetMGM also benefits from the reputation of its parent company, MGM Resorts International, one of the most trusted names in gaming and hospitality globally. For additional assistance, bettors can access an extensive help center that provides answers to common questions and connects players to customer support.

Pros and cons of BetMGM

Advantages:

• Wide market depth.
• Frequent boosted odds promotions (e.g., Lions Boosts).
• User-friendly app with live betting and one-game parlays.
• Backed by MGM Resorts International.

Cons:

• Bonus bet format may feel less flexible compared to cash-back promos from some competitors.
• Odds are generally competitive but not always the absolute best lines in the market.
• Some users report the app can feel slightly cluttered compared to leaner competitors like FanDuel.

BetMGM Promo Codes and Sports Betting FAQ

What is the current BetMGM promo code?

• Use code ‘FOXSPORTS’ to unlock BetMGM’s promo code.

What is the BetMGM welcome bonus for new users?

• New customers typically receive a first-bet insurance bonus up to $1,500 in Bonus Bets. If your first wager loses, BetMGM refunds the stake in the form of bonus bets. The exact offer can vary slightly depending on the state.

Is the BetMGM promo code the same in all states?

• No. While many promotions are consistent across BetMGM markets, some states run unique welcome offers due to local regulations. Always review the terms and conditions in your state before claiming.

In which states is BetMGM legal?

• As of now, BetMGM is live in 19 states plus Washington, D.C. States include New Jersey, Pennsylvania, Michigan, Illinois, Ohio, Maryland, Virginia, Tennessee, Colorado, Arizona, and several others.

How do I claim the BetMGM bonus?

• Claiming the bonus is straightforward. Register for a BetMGM account, make a qualifying deposit (usually $10 or more), and place your first wager. If it loses, BetMGM issues the refund in bonus bets automatically—no extra steps required.

How long do BetMGM bonus bets last?

• Bonus bets typically expire seven days after being credited. If they aren’t used within that window, they’re removed from your account balance.

Does BetMGM have a loyalty program?

• Yes. BetMGM ties directly into the MGM Rewards program, which lets players earn points for every wager. These points can be redeemed for bonus bets in the sportsbook or perks at MGM Resorts properties nationwide.

Can I withdraw bonus bets from BetMGM?

• No. Bonus bets themselves cannot be withdrawn. However, any winnings generated from those bets are paid out as real cash, which you can withdraw once standard wagering requirements are met.

Gambling Disclaimer: Only people over 21 years of age are allowed to play. If you or someone you know has a gambling problem and needs help, call 1-800-PLAYER. Gambling is subject to local state regulations and is illegal in some states. Please play responsibly – you can find information related to responsible gambling here.

Because great stories come straight to your inbox? Create or log in to your FOX Sports accountAnd follow leagues, teams and players to receive a personalized newsletter every day!