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BetMGM Bonus Code SI1500 Offers $1,500 First Bet for NBA, CBB, and 2026 Winter Games
New users can claim a BetMGM bonus code SI1500 welcome offer worth up to $1,500 for Thursday's NBA slate, college basketball action, and tomorrow's Winter Games events. This promotion requires the bonus code SI1500 and returns your stake in bonus bets if your first wager loses. Take advantage of this Feb. 12 offer while exploring sportsbook promos for tonight's Western Conference showdowns.
How the BetMGM bonus code SI1500 offer works for NBA and Winter Games betting
The BetMGM bonus code SI1500 provides new customers with protection on their first real money wager up to $1,500. After registering and making a minimum $10 deposit, place your initial bet on any market including tonight's Milwaukee at Oklahoma City matchup or tomorrow's alpine skiing finals. If your first wager wins, you keep the profits and can withdraw immediately.
Should your opening bet lose, BetMGM returns your entire stake in bonus bets within 24 hours. For wagers over $50, you receive five separate bonus bets each worth 20% of your original stake. Smaller bets under $50 result in one bonus bet matching your loss amount.
Key terms for this welcome promotion include:
• Bonus bets expire seven days after issuance.
• You must use bonus bets before accessing any potential winnings.
• The original stake is not returned when using bonus bets.
• Maximum bonus bet award is $1,500.
For example, if you bet $1,000 on Dallas to cover the spread against the Lakers and lose, you would receive five $200 bonus bets totaling $1,000. These bonus credits could then be used on college basketball games or Winter Games events over the following 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 Sportsbook promo code for tonight's games
Getting started with this bonus code for BetMGM takes just a few minutes before tonight's NBA action tips off. Follow these steps to secure your welcome offer:
- Click the registration link and enter BetMGM promo code SI1500 during account creation.
- Provide required personal information including name, address, and driver's license for identity verification.
- Make your first deposit of at least $10 using any accepted payment method.
- Place your qualifying first bet on NBA games, college basketball, or Winter Games markets.
- If your wager loses, receive bonus bets within 24 hours to continue betting.
Review the complete terms and conditions in our comprehensive BetMGM review before placing your first wager.
Additional BetMGM promotions beyond the welcome bonus
BetMGM consistently provides ongoing promotions for existing customers throughout the basketball season and Winter Games coverage. Regular users can find daily odds boosts, parlay bonuses, and sport-specific promotions by checking the Promos tab within the BetMGM Sportsbook mobile app. These rotating offers often feature enhanced payouts on popular betting markets and special bonuses tied to major sporting events.
- Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and other exclusive perks.
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.