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BetMGM Bonus Code SI1500 Unlocks $1500 First Bet for NBA, NCAAB, NHL Action Monday
The BetMGM bonus code SI1500 delivers a massive welcome offer for Monday's packed sports slate. New users can claim up to $1500 in bonus bets if their first wager loses on NBA, NCAAB or NHL games. Monday's action features conference tournament openers, playoff positioning battles and crucial divisional matchups across all three sports. This March 2 promotion pairs perfectly with sportsbook promos designed for basketball and hockey betting.
How the BetMGM bonus code SI1500 works for Monday's games
The BetMGM bonus code SI1500 provides new customers with first bet protection up to $1500. After registering and making a minimum $10 deposit, place your first real money wager on any NBA, NCAAB or NHL market. If your bet loses, BetMGM returns your stake as bonus bets within 24 hours.
The bonus structure varies based on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your original stake. Smaller wagers under $50 receive one bonus bet equal to your lost stake. For example, a $1000 losing bet on the Celtics-Bucks game would return five $200 bonus bets totaling $1000.
Key terms include:
- Bonus bets expire seven days after issuance.
- Minimum $10 deposit required to qualify.
- Bonus bets cannot be withdrawn directly.
- Original stake not returned when using bonus bets.
Monday's slate offers excellent betting opportunities across multiple sports. The NBA features Boston visiting Milwaukee in a potential playoff preview, while conference tournaments begin across college basketball. NHL action continues with teams battling for playoff positioning as March begins.
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 Monday's action
Getting started with BetMGM takes just minutes before Monday's games tip off.
- Click the registration link and enter BetMGM bonus code SI1500 during signup.
- Complete account verification with personal information and driver's license.
- Make your first deposit of at least $10 using any accepted payment method.
- Place your qualifying first bet on NBA, NCAAB or NHL markets.
- Receive bonus bets within 24 hours if your wager loses.
New users can explore betting options across all three sports with confidence knowing their first wager carries protection. Read our comprehensive BetMGM review for additional insights on features and betting markets.
Additional BetMGM Sportsbook promotions for existing customers
BetMGM consistently offers ongoing promotions beyond the welcome bonus for registered users. The sportsbook regularly features profit boosts, parlay insurance and same-game parlay bonuses throughout the week. Existing customers should check the 'Promos' tab within the BetMGM app to discover current offers.
These rotating promotions often target specific sports or events, making them perfect complements to Monday's busy schedule. Enhanced odds and special betting markets frequently appear for marquee matchups like conference tournament games and playoff race battles.
- 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.