BetMGM bonus codes: 20% deposit match or $1.5K bet insurance in 18 states, $150 NC bet/get

BetMGM bonus codes: 20% deposit match or $1.5K bet insurance in 18 states, $150 NC bet/get
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The BetMGM bonus codes NYPNEWS and NYPNEWS1600 unlock two distinct welcome offers for new users in 18 states.

That first code unlocks a first bet insurance offer with a $1,500 cap while the second gets you a 20 percent deposit match offer with a $1,600 cap.

We’ll go into more details about each offer in the subsections below but these are the key points to remember:


  • With the bet insurance offer: you’ll only earn bonus bets if your cash wager loses
  • With the deposit match: you’ll need to bet 10 times the amount of sports bonuses you earn over your first 30 days

Both offers are available for any eligible new user (21+) in any of the 18 states where BetMGM operates (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY).

NYPNEWS: Get your initial cash stake back, up to $1,500

NYPNEWS1600: Get 20 percent of your cash deposit matched by the sportsbook, up to $1,600.

BetMGM North Carolina

North Carolina sports betting officially launched on March 11 and BetMGM was one of eight operators to get in on the ground floor there. Currently, you can use the BetMGM North Carolina bonus code NYPNEWS to unlock a $150 bet and get.

Bet $5, you’ll get $150 back in bonus bets when it settles, no matter how it pans out. You’ll note this is the same bonus code as the bet insurance offer that’s nationally available so in NC this code will unlock the Tar Heel State exclusive, elsewhere, you’ll get the bet insurance.

Wagering with BetMGM

Both the NBA and the NHL are rapidly approaching the postseason which means teams on the bubble are making a push while other teams falter and drop from the standings.

Each of the BetMGM promotions is unique and has distinct benefits which will go over below.

Say you claim the bet insurance promotion and are eyeing the Flames vs. Blackhawks as your market of choice. Based on the nature of this promotion, it behooves you to place a substantial cash stake. That way, you’ll get a hefty pay out if you win and if you lose, you’ll be covered.

For example, if you put down $1,100 in cash on the Blackhawks moneyline at +154 you could potentially take home $1,694.00 in profit if you win. If the Blackhawks lose, you’d forfeit the cash but would get $1,100 in bonus bets shortly after it settles.

The deposit match is structured a bit differently. Say you put down $5K in cash, you’d get $1,000 (5000 x 0.2) as sports bonuses. From that point, you’d have 30 days to wager $10,000 total to keep your eligibility.

Using the market above, if you put down all of the sports bonuses you earned on the Blackhawks moneyline, you’d still need to bet $9K over the next 30 days.

Signing up with BetMGM


  1. Use one of the modules above to get started
  2. Input the corresponding bonus code (NYPNEWS or NYPNEWS1600) to claim one of the welcome promotions
  3. Review the terms and conditions of your selected promotion
  4. Make a cash deposit to register your account
  5. Place a cash wager to trigger one of the offers

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov