BetMGM Bonus Code SI1500 for NBA, College Basketball and NHL Action Thursday

Thursday's sports slate delivers premium entertainment across multiple leagues. The BetMGM bonus code SI1500 unlocks up to $1,500 back in bonus bets if your first wager loses on tonight's NBA, college basketball or NHL matchups. New users can explore extensive sportsbook promos available through Feb. 26.
How the BetMGM bonus code SI1500 works for Thursday's basketball and hockey games
The BetMGM bonus code SI1500 provides new customers with substantial protection on their initial wager. After registering and making a minimum $10 deposit, place your first real money bet on any market. If your wager loses, BetMGM returns your stake up to $1,500 in bonus bets.
Consider wagering on the Lakers vs. Suns showdown tonight. If you bet $500 on the Lakers to cover the spread and they fall short, you receive $500 in bonus bets. For wagers exceeding $50, BetMGM awards five separate bonus bets worth 20% of your qualifying stake each. Smaller wagers under $50 receive one bonus bet matching the original amount.
Key terms include:
• Bonus bets expire seven days after issuance.
• Minimum $10 deposit required to qualify.
• Original stake not returned when using bonus bets.
• Maximum protection of $1,500 on first wager.
New users in Michigan, New Jersey, Pennsylvania and West Virginia can opt for an alternative promotion. The same SI1500 code unlocks $150 in bonus bets when your initial $10 wager wins. For example, betting $10 on Wisconsin to defeat Oregon and winning nets your original payout plus three $50 bonus bets.
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 tonight's NBA and NHL action
Claiming your welcome bonus takes just minutes before tonight's games tip off. Follow these steps to secure your bonus bets for Thursday's slate:
- Register a new BetMGM Sportsbook account using bonus code SI1500.
- Complete identity verification with your driver's license information.
- Make your initial deposit of at least $10 using any accepted payment method.
- Place your first real money wager on NBA, college basketball or NHL markets.
- Receive bonus bets if your initial wager loses, or collect winnings immediately if it hits.
The registration process requires basic personal information including your name, address and email. BetMGM processes verification quickly, allowing you to bet on tonight's Heat vs. 76ers or Lightning vs. Hurricanes matchups. Read our comprehensive BetMGM review for additional insights into the platform's features and betting options.
Additional BetMGM Sportsbook promo offers for existing customers
BetMGM consistently provides value beyond the welcome offer through daily promotions and enhanced odds. Existing customers can access profit boosts, parlay insurance and special event bonuses through the 'Promos' section within the mobile app. These rotating offers frequently target major sporting events and provide additional betting value throughout the season.
Regular promotions include same-game parlay boosts for NBA games and enhanced payouts on hockey prop bets. BetMGM also features seasonal campaigns during March Madness and playoff periods, ensuring customers maintain access to competitive promotional value year-round.
- 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.