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BetMGM Bonus Code 'SI1500' for Monday's NBA and College Basketball Games
Monday's exciting basketball slate features top NBA matchups and compelling college games, making it the perfect time to claim the BetMGM bonus code 'SI1500' offer. New users can secure up to $1,500 back in bonus bets if their first wager loses, with code 'SI1500' required for this Feb. 23 promotion. Whether you're eyeing the Pistons vs. Spurs showdown or the Houston vs. Kansas college clash, this welcome offer enhances your betting experience across all sportsbook promos available today.
How the BetMGM bonus code offer works for Monday's basketball games
The BetMGM bonus code 'SI1500' delivers substantial value for new users ready to bet on Monday's basketball action. After registering and making your first deposit of at least $10, you can place your initial wager on any basketball market, from the Rockets vs. Jazz NBA game to the Louisville vs. North Carolina college matchup. If your first bet loses, BetMGM returns your entire stake up to $1,500 in bonus bets.
The bonus structure varies based on your wager amount. For bets over $50, you receive five separate bonus bets, each worth 20% of your qualifying wager. For example, if you bet $1,000 on the Houston vs. Kansas game and lose, you'd receive five $200 bonus bets totaling $1,000. Smaller wagers under $50 result in a single bonus bet matching your stake amount.
Key terms include:
- Minimum $10 deposit required to activate the offer.
- Bonus bets expire seven days after issuance.
- Code 'SI1500' must be entered during registration.
- Available for first-time BetMGM users only.
Consider betting on the Pistons vs. Spurs game at +110 odds with a $500 wager. If it wins, you keep your $550 total payout with no bonus bets issued. If it loses, you'd receive five $100 bonus bets to use on future basketball games throughout the week.
This BetMGM promotion is available to first-time users in the following states: AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MS, NC, NJ, OH, PA, TN, VA, WV, WY. It is not available in NV, NY, or Ontario, Canada.
Steps to claim your BetMGM promo code for basketball betting
Getting started with your BetMGM Sportsbook promo code takes just minutes before Monday's games tip off.
- Click the registration link and enter bonus code for BetMGM 'SI1500' during account creation.
- Complete identity verification by providing your driver's license and personal information.
- Make your initial deposit of at least $10 using any accepted payment method.
- Place your first real money wager on any basketball game, from NBA spreads to college totals.
- If your bet loses, receive bonus bets within 24 hours to continue betting on upcoming games.
Ready to start betting on Monday's basketball action? Read our comprehensive BetMGM review for additional insights into the sportsbook's features and betting options.
Additional BetMGM promotions for existing basketball bettors
BetMGM consistently provides ongoing promotions for existing users beyond the welcome offer. The sportsbook frequently features basketball-specific boosts, parlay insurance options, and enhanced odds for major games throughout the season. These rotating promotions often include profit boosts for NBA player props and college basketball tournament specials.
Current users can discover these additional offers by navigating to the 'Promos' tab within the BetMGM Sportsbook mobile app. The promotions section updates regularly with new opportunities, including same-game parlay boosts and early payout specials for basketball games. Check back frequently to maximize your betting value on future NBA and college basketball contests.
- Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and other exclusive perks.
- BetMGM has two separate welcome offers, each restricted to specific states. The $1,500 First Bet promotion is available to new customers in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, as well as DC and PR. By using bonus code COVERS and depositing at least $10, players can place their first wager and receive bonus bets back—up to $1,500—if it loses. In contrast, the Bet $10, Get $150 offer is limited to MI, NJ, PA, and WV. With bonus code COVERSBONUS, new users who deposit $10 and place a $10 bet will earn $150 in bonus bets if that wager wins. Both deals are state-specific and only available to new registrants in eligible markets.
Odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.
Geoff is an analyst in the sports betting industry who has over a decade of experience creating content. As a former online poker player who used to multi-table 20+ tournaments at the height of the poker boom, he’s been an active gambler for the majority of his adult life and has always strived to be a +EV sports bettor. His foray into sports saw him develop a deep love for betting on the NFL and golf, where he continues to tilt the same group of PGA players every Sunday. As a writer, he loves providing actionable pieces of content, and his goal is to always search for an original or under-appreciated piece of information that gives his readers an edge. Geoff has a B.A. in English, an After Education Degree, and a Juris Doctor in Law from the University of Alberta. He’s had his work published by larger betting sites like DraftKings and been featured as a betting analyst and daily fantasy writer by some of the largest networks and sporting leagues in the world. His knowledge of betting and industry experience allows him to create reliable and original betting content and sportsbook reviews that readers can not only trust but also rely on when choosing which site to deploy their bankrolls. In his spare time, Geoff enjoys running with his English Springer Spaniel Pepper and staying up late to watch European golf.