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BetMGM Bonus Code SI1500 Offers Up to $1,500 Back for Thursday's NBA Slate
New BetMGM users can claim BetMGM bonus code SI1500 to get up to $1,500 back in bonus bets if their first wager loses on Jan. 15. This welcome offer is perfect for betting on Thursday's exciting NBA matchups, including Celtics vs. Heat and Thunder vs. Rockets. Check out the latest sportsbook promos available today.
How the BetMGM bonus code SI1500 works for Thursday's NBA games
The BetMGM bonus code SI1500 provides new users with protection on their first wager up to $1,500. After registering and making a minimum $10 deposit, you can place your first bet on any of Thursday's NBA games, such as the Boston Celtics facing the Miami Heat or the Oklahoma City Thunder taking on the Houston Rockets. If your initial wager wins, you keep all the cash winnings.
However, if your first bet loses, BetMGM will return your entire stake in bonus bets, up to a maximum of $1,500. The bonus bet structure depends on your wager amount. For bets over $50, you receive five bonus bets, each worth 20% of your qualifying wager.
Key terms and conditions include:
- Minimum $10 deposit required to activate the offer.
- Bonus bets expire seven days after issuance.
- For wagers under $50, you receive one bonus bet equal to your stake.
- Bonus bets cannot be withdrawn and must be used on new wagers.
For example, if you bet $100 on the New York Knicks to beat the Golden State Warriors and lose, you would receive five $20 bonus bets. If you wagered $30 on the Phoenix Suns against the Detroit Pistons and lost, you would get one $30 bonus bet. 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 NBA betting
Getting started with this BetMGM welcome offer is straightforward and takes just a few minutes to complete. Follow these steps to claim your bonus and start betting on Thursday's NBA action.
- Click any link on this page to visit BetMGM Sportsbook and register using bonus code SI1500.
- Complete the registration process with your personal information and verify your identity.
- Make a minimum deposit of $10 using your preferred payment method.
- Place your first real money wager on any NBA game or market.
- If you win, collect your cash winnings immediately.
- If you lose, receive bonus bets equal to your stake within 24 hours.
Ready to get started? Read our comprehensive BetMGM review for more details about this sportsbook.
Additional BetMGM promotions for existing customers
BetMGM consistently provides ongoing promotions and betting boosts for existing customers beyond the welcome offer. These regular promotions often include profit boosts for specific games, parlay bonuses, and special event promotions that enhance your betting experience. Current customers can discover these opportunities by navigating to the 'Promos' tab within the BetMGM Sportsbook mobile app or desktop site.
The sportsbook frequently updates these offers, particularly around major sporting events and popular matchups like Thursday's NBA slate. These ongoing promotions help maximize your potential returns and provide additional value for your sports betting activity.
- Second Chance on First TD Bets: Get your stake back if your First Touchdown Scorer pick ends up scoring the second touchdown instead.
- 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.