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BetMGM Bonus Code YNEWS1500: 20% deposit match available all week

By Steven Petrella | Last updated 1/2/24

BetMGM bonus code YNEWS1500 offers a 20% deposit match, up to $1,500 in bonus bets.

What does this mean? Whatever you put in, you'll get 20% extra in bonus bets. The max is $1,500 in bonus bets, which would require a $7,500 deposit.

This offer, unlike others from BetMGM, is not tied to your first bet. Instead, the critical condition is the 10x play-through requirement, which means you must wager 10x your bonus amount in your first 30 days on the platform. If not, you forfeit any bonus bets you got, and any profits from previous bonus bet wagers.

In total, there are three offers available at BetMGM right now.

YNEWS1500: Get a 20% deposit match, up to $1,500 in bonus bets.
YNEWSGET: Bet $10 on anything, get $200 bonus bets (only in NJ, PA, Michigan & WV).
YARDNEWS: First bet on the house up to $1,500. That means if your first bet loses, you'll be refunded in bonus bets equal to whatever you lost.

No offers are available in New York or Washington D.C.

Which BetMGM Offers Should I Take?

With three different offers on the table, it may be tough to figure out which one you should grab (though some of it will come down to your location).

YNEWS1500 (20% deposit match): This offer makes sense if you're going to be regularly betting at BetMGM. Because of the 10x rollover -- requiring you to wager 10x your bonus amount in the first 30 days or you forfeit your bonus -- you need to be betting frequently at BetMGM.

Say you deposit $1,000 and get $200 in bonus bets. You'll have to wager $2,000 in your first 30 days. So you'd be wagering about $67 per day.

If you're just trying to take a promo and run, this offer is not for you.

YNEWSGET (bet $10, get $200): This is a great offer for someone who just wants extra bonus bets to play around with, but it's only available in four states right now -- NJ, Pennsylvania, Michigan and West Virginia.

YARDNEWS (first bet on the house): This offer is like the no sweat bets available at other sportsbooks. If your first bet loses, you'll be refunded in bonus bets equal to what you lost.

This is a better offer than the deposit match if you don't plan on betting at BetMGM regularly, and want to extract the most value from your new-user signup.