BetMGM Unveils $1,500 Bonus Bet Offer for New Users

How the Bonus Bet System Operates

BetMGM has introduced a new promotion that rewards newcomers with up to $1,500 in bonus bets. The offer, available through the promo code CBSSPORTS, is tailored to first-time bettors who place a qualifying wager on Major League Baseball or college football. The promotion is region‑specific and can be activated on Wednesday’s Brewers‑Cubs game, featuring pitcher Jacob Misiorowski, nicknamed „The Miz.”

The promotion works in two parts. If a new user’s initial bet wins, they receive $150 in bonus bets. However, if the first bet loses, the user can still claim up to $1,500 in bonus bets. The terms of the offer vary by state, so players should verify eligibility in their jurisdiction before placing a wager. The promotion is currently active on BetMGM’s online sportsbook and mobile app, and it can be used on any MLB or college football event, with the Brewers‑Cubs matchup highlighted as a prime example.

The BetMGM bonus bet system is designed to mitigate risk for new bettors. When a user enters the code CBSSPORTS, the platform automatically credits the account with bonus bets after the first wager. If the wager is successful, the user receives $150 in bonus bets, which can be used on any subsequent game. If the wager loses, the system offers a larger reward of up to $1,500 in bonus bets, effectively giving the user a second chance to win without risking additional personal funds. The bonus bets are subject to standard wagering requirements and must be used within a specified time frame.

Why This Promotion Matters to New Bettors

BetMGM’s marketing team highlighted Jacob Misiorowski as a key player for the promotion. The 24‑year‑old pitcher has recently emerged as a reliable arm for the Milwaukee Brewers, earning the nickname „The Miz” for his energetic style. By tying the promotion to a high‑profile game, BetMGM aims to attract fans who are already engaged with the sport, increasing the likelihood that they will place their first bet and activate the bonus.

The offer is particularly attractive to casual sports fans who may be hesitant to risk their own money. By providing a substantial bonus after a losing bet, BetMGM lowers the perceived barrier to entry. The promotion also aligns with the broader trend of sportsbooks offering generous sign‑up bonuses to capture market share in highly competitive regions. For users in states where the promotion is available, the potential to receive $1,500 in bonus bets could translate into significant winnings if they choose high‑value bets or parlay combinations.

The promotion’s impact extends beyond individual users. By encouraging first‑time bets, BetMGM can increase overall betting volume on MLB and college football. The Brewers‑Cubs game, a marquee matchup, serves as a perfect showcase for the promotion, drawing attention from both seasoned bettors and newcomers alike.

Frequently Asked Questions

What states can I use the CBSSPORTS code in? The code is available only in states where BetMGM’s sportsbook is fully licensed. Check the BetMGM website or app for a list of eligible jurisdictions before placing a bet.

Do I need to place a minimum bet to qualify for the bonus? Yes. A qualifying wager must be placed to trigger the bonus. The minimum amount varies by state but is typically around $10. The bet must be placed before the promotion expires.

How long do I have to use the bonus bets? Bonus bets must be wagered within 30 days of activation. Failure to use them within this period will result in the bonus being forfeited, though any winnings will remain in the account.