BetMGM Offers $1,500 in Bonus Bets for Friday Sports Action

BetMGM is running a promotion for new customers that offers up to $1,500 in bonus bets when using promo code CBSSPORTS. The bonus structure protects first-time bettors by converting a losing initial wager into bonus funds to use across the sportsbook.

The offer applies to a wide range of Friday's sporting events, including the World Series matchup between the Brewers and Rays, college football games, and NBA contests. This gives new players flexibility to shop around and find the best value across multiple sports on the same day.

How it works: After creating an account and making a first deposit, users place an initial bet. If that bet loses, BetMGM credits the account with bonus bets equal to the stake, up to $1,500. Bonus bets typically carry standard restrictions—they cannot be withdrawn as cash and must be used for wagering before they expire.

Promotions like this are common among major sportsbooks during high-volume sports days, when multiple competitions overlap. The offer's breadth across sports reflects how betting platforms compete for market share by removing first-bet risk during popular events.

Promo codes expire and carry terms that vary by state and jurisdiction, so new users should review the complete offer details on BetMGM's site before signing up.

Source: original report ↗