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BetMGM Bonus Code SI1500 Unlocks $1500 First Bet for Wednesday's NBA, NCAAB, NHL Action

Use BetMGM bonus code SI1500 for NBA, NCAAB, NHL action Wednesday. Get up to $1500 back in bonus bets if your first bet loses on top games.
Use BetMGM bonus code SI1500 for NBA, NCAAB, NHL action Wednesday. Get up to $1500 back in bonus bets if your first bet loses on top games. | Sports Illustrated

New users can claim a massive welcome offer with BetMGM bonus code SI1500 for Wednesday's loaded sports slate. The $1500 First Bet promotion returns your stake in bonus bets if your initial wager loses on games like Thunder vs. Knicks or Houston vs. Baylor. BetMGM's current sportsbook promos make March 4 the perfect time to get started.

How the BetMGM bonus code SI1500 offer works for Wednesday's games

The BetMGM bonus code SI1500 delivers one of the industry's most generous welcome offers for new users. After registering and making your first deposit, place any qualifying wager on Wednesday's action-packed schedule. If your bet wins, you keep your winnings and original stake. If it loses, BetMGM returns your entire stake up to $1500 in bonus bets.

Key terms for this promotion include:

• Minimum $10 deposit required to activate the offer.
• First bet must be placed with real money on any available market.
• Bonus bets expire seven days after issuance.
• Wagers over $50 receive five separate bonus bets worth 20% each of the original stake.
• Wagers under $50 receive one bonus bet equal to the original stake amount.

For example, if you wager $1000 on the Thunder to cover the spread against the Knicks and lose, you would receive five $200 bonus bets totaling $1000. If you bet $25 on Houston's moneyline against Baylor and lose, you get one $25 bonus bet. The bonus structure maximizes your second chances across Wednesday's compelling matchups.

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 Wednesday's sports action

Getting started with BetMGM takes just minutes before you can bet on games like Celtics vs. Hornets or Maple Leafs vs. Devils. Follow these simple steps to activate your welcome bonus:

  1. Click the registration link and create your new BetMGM account using bonus code SI1500.
  2. Verify your identity by providing required personal information and documentation.
  3. Make your initial deposit of at least $10 using any accepted payment method.
  4. Place your first real money wager on any Wednesday game or market of your choice.
  5. If your bet loses, receive bonus bets equal to your stake within 24 hours.

The entire process takes minutes, putting you in position to capitalize on Wednesday's loaded schedule immediately. Read our comprehensive BetMGM review for additional insights into the sportsbook's features and betting options.

Additional BetMGM Sportsbook promo offers for existing users

BetMGM consistently provides value beyond the welcome offer through daily promotions and betting boosts. Existing users can find regular profit boosts, parlay insurance offers, and sport-specific promotions in the app's dedicated 'Promos' section. These ongoing promotions often target popular events like NBA games, college basketball tournaments, and NHL playoff races. The sportsbook frequently updates these offers, making it worthwhile to check the promotions tab regularly for new opportunities to enhance your betting experience.

  • 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.


Published | Modified
Geoff Ulrich
GEOFF ULRICH

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.