BetMGM Gasparilla Bowl, 12/23/2022
The BetMGM Sportsbook bonus code ACTION will unlock a $1,000 offer for the Gasparilla Bowl or any other sporting event. New users get the First Bet Insurance: $1,000 Paid Back in Free Bets if you Don’t Win! sign-up bonus.
Wake Forest looks to take down the surging Missouri Tigers, and you can get your first bet on the Gasparilla Bowl with this risk-free bet from BetMGM.
The Tigers are coming off four wins in their last 6 games, while Wake Forest only won one of their last 5 games. Momentum favors the Missouri Tigers, and you can bet this matchup with BetMGM’s first bet insurance.
It’s worth noting that BetMGM has a variety of new user promotions depending on your location. While most are eligible to receive the $1,000 risk-free bet, others will have a slightly different offer.
Here’s a breakdown of all of the available BetMGM bonus code options along with details for each state where the sportsbook is active.
Getting registered and collecting your new user bonus with BetMGM is a simple 5-step process:
BetMGM does have some requirements that potential new users have to meet in order to register for their sportsbook. Confirm your eligibility with the checklist below:
If you are completely new to sports betting, it is definitely worth your time to familiarize yourself with common betting terminology as it relates to sportsbook offers. Also, don’t forget to review Action Network’s tips for first-time bettors to position yourself for success.
Alright, now it’s time to talk about the fun stuff – how to use the BetMGM new user bonus to its fullest potential.
Once you’ve made your initial deposit, shop for a bet that you want to place your entire bankroll on (up to $1,000). This may sound scary, but this strategy is the best way to maximize this BetMGM offer. Remember, they’ll return your stake if your first wager loses. So, really, there’s no risk involved!
Let’s use today’s Gasparilla Bowl game as an example to see this promo in action.
Let’s say you want to bet on Missouri moneyline (-104) against Wake Forest. If Missouri wins, congrats! You get to claim your winnings! But what if Wake Forest wins?
So, your bet doesn’t hit, and now you’ve got free bet credits coming your way. Now what? Let’s get into it.
In our example above, you wagered your full $1,000 bankroll on Missouri. Hypothetically, the bet lost, so as part of the new user promotion, BetMGM is now going to credit your account with 10 separate $100 free bets. Think of these as $100 spots courtesy of BetMGM. They’ll cover your wager, but if your bet wins, you only get to keep the profits.
Now you might be wondering, what should I do with all these free bet credits? Well, the free bet strategy is similar to we previously outlined. Continue to seek out plus-money wagers with high-value potential. These bets are far from sure things, but if they win, it will be a significant bankroll booster.
If you’re a resident of Maryland, Kansas, Illinois, or Louisiana, the promotional information above does not pertain to you. Instead, BetMGM is offering a near no-risk, NFL-specific bonus. Here’s how it work:
While the money value may not be as high with ACTIONYARD, new users are practically guaranteed free money from BetMGM in the form of four $50 free bet credits.
Nothing changes in terms of strategy with these free bet credits. Go for plus-money wagers that you think could have a reasonable chance of winning to maximize your profits.
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