Sportsbook Bonus Reviews - BonusDrop.io

BetMGM Sportsbook Bonus: Up to $1,000 Risk-Free Bet

Looking for a top sportsbook with a generous welcome bonus? BetMGM offers new users an industry-leading risk-free bet of up to $1,000 — meaning if your first wager loses, you get your money back as bonus cash.

Feature Details
Bonus TypeRisk-Free Bet
Max Bonus Amount$1,000
Minimum Deposit$10
Wagering Requirement1x (must wager bonus once)
Bonus CodeBETNOW (optional)
Bonus Expiration7 days after refund issued

How to Claim the BetMGM Bonus

  1. Visit the BetMGM Sportsbook Signup Page.
  2. Create a new account and verify your identity.
  3. Deposit at least $10 using any accepted payment method.
  4. Place your first bet up to $1,000 risk-free.
  5. If your bet loses, BetMGM will credit your account with a free bet of equal value within 72 hours.
  6. Use the bonus bet on any sport or wager type.

Why Choose BetMGM?

  • Wide market selection including NFL, NBA, MLB, soccer, UFC
  • Trusted brand licensed in multiple US states
  • Award-winning mobile app
  • Fast payouts and multiple payment options

Pros

  • Large risk-free bet size ($1,000)
  • Simple wagering requirement (1x)
  • Supports multiple deposit options
  • User-friendly mobile app

Cons

  • Bonus bet expires in 7 days
  • Not available in all states
  • Free bet credited only if first bet loses
  • Bonus cash cannot be withdrawn directly

Final Verdict

BetMGM’s $1,000 risk-free bet is perfect for both beginners and experienced bettors who want to test the waters without risking their first bet. With a low minimum deposit and simple terms, it’s one of the most attractive sportsbook bonuses on the market in 2025.

Claim Your BetMGM Bonus Now!

Scroll to Top