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New BetMGM Bonus Code: Bet $5, Get $158 in Bonus Bets!

Updated January 16, 2024 | 7:09 am CDT by Isaiah Sirois
BetMGM is now offering a new bonus code! -- New users can get their $158 in bonus bets after betting just $5...

With Super Bowl LVIII around the corner, BetMGM is getting bettors in the mood with a fantastic new promo. New customers who bet at least $5 can get a whopping $158 in bonus bets! While bonus bets are non-withdrawable, we have a bonus bet converter to help you beat the books by turning their promotions into cash. Deals like this don’t come around every day — few books are offering nearly as much in bonus bets anymore, so make sure to take advantage of our BetMGM bonus code before this deal disappears! Already signed up for BetMGM? No problem — we have plenty of other sportsbook promo codes for you to check out below.

New BetMGM Bonus Code: Bet $5, Get $158 in Bonus Bets!

BetMGM is now offering a new promo! -- New users can get their $158 in bonus bets after betting just $5...

New users at BetMGM can take advantage of this brand-new BetMGM bonus code to unlock $158 in bonus bets! You’ll receive three bonus bets: two for $50 and one for $58, to use within the promotion period. If you’re already registered at BetMGM, you’ll have to sit this deal out — but we have a litany of other special offers for your betting pleasure below!

OddsShopper’s Sportsbook Reviews & Promo Codes

  • Best Sports Betting Sites & Promo Codes
  • bet365 Bonus Code – Bet $5 and Get $150 in Bonus Bets
  • BetRivers Promo Code – Get a 2nd Chance Bet up to $500 ($250 & $100 in certain states)
  • Caesars Sportsbook Promo Code – Up to $1,000 in Bonuses
  • DraftKings Promo Code – Bet $5 and Get $150 Instantly + Daily No Sweat Same Game Parlay!
  • FanDuel Promo Code – Get $150 in Bonus Bets

Want to Turn Your Bonus Bets into Cash? Check Out Our Tools

BetMGM is now offering a new promo! -- New users can get their $158 in bonus bets after betting just $5...

Check out our bonus bet converter, which we’ve designed to help you turn your sportsbook bonuses into withdrawable cash. Instead of placing all your hopes in one team or player, you can play BOTH sides and make a guaranteed profit with this simple tool. As the image on the left reveals, you can get a 72% return on your bonus bet by playing both sides of the Dolphins-Chiefs spread via BetMGM and BetRivers!

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Isaiah Sirois

Author

Isaiah Sirois

Isaiah Sirois is a sports betting analyst at OddsShopper specializing in basketball, football and motorsports. Basketball is Isaiah’s favorite sport to handicap, and he has covered NBA, WNBA, NCAA and FIBA markets for OddsShopper and other sites. However, Isaiah’s favorite sport to follow is auto racing, and you can usually find him watching NASCAR or IndyCar on Sundays. He will be a fan of Team Penske and Ford Performance until the end of time. Isaiah graduated with a bachelor’s degree in history from Emory University and briefly attended Vanderbilt Law School before dropping out to work at OddsShopper.

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How Can I Find the Best Sports Betting and DFS App Bonuses?

If you're a new sports bettor, it's hard to know where to start. In fact, it's simpler than it seems, because there are incredible sportsbook bonus codes and DFS app promo codes that are expressly designed to help new players get started building a bankroll. As a new player, it's often correct to focus on taking advantage of as many of these offers as you can. Even better, having access to more books lets you take advantage of line shopping so that you can always get the best payout for your winning bets. Books like BetMGM and bet365 have great first-bet offers for new players. On the DFS App side, operators like Underdog and Sleeper offer matches on your first deposit up to a certain amount. Use the links below to explore the best sportsbook promo codes. Once you get signed up with a bonus, make sure to use OddsShopper's Free Bet Converter to maximize your beginning bankroll

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