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BetMGM Bonus Code SIBONUS50 Offers Up to $1,500 for Thursday's NBA, MLB, NHL Games
New users can claim a massive welcome offer with BetMGM bonus code SIBONUS50 for Thursday's exciting slate of NBA, MLB and NHL games. The up to $1,500 First Bet offer provides bonus bets back if your initial wager loses on April 2 matchups. BetMGM requires the promo code SIBONUS50 to unlock this generous welcome promotion, plus you'll earn $50 MGM Rewards Points regardless of your bet's outcome. Check out the latest sportsbook promos available today.
How the BetMGM bonus code SIBONUS50 offer works for Thursday's games
The BetMGM bonus code SIBONUS50 unlocks different welcome offers depending on your state. Most new users can claim up to $1,500 back in bonus bets if their first wager loses, while customers in Michigan, New Jersey, Pennsylvania and West Virginia receive $150 in bonus bets when their initial $10 bet wins.
Thursday's sports action provides excellent betting opportunities across multiple leagues. The NBA features marquee matchups like Lakers vs. Thunder, showcasing LeBron James against Shai Gilgeous-Alexander in a clash between top teams. The Cavaliers visit the Warriors, where Stephen Curry and Golden State fight for playoff positioning.
For the $1,500 First Bet offer, key terms include:
- Minimum $10 deposit required to qualify.
- If your first bet loses, receive your stake back up to $1,500 in bonus bets.
- Wagers over $50 receive five bonus bets worth 20% each of your qualifying wager.
- Wagers under $50 receive one bonus bet equal to your stake.
- Bonus bets expire after seven days.
- Earn $50 MGM Rewards Points win or lose.
For example, if you bet $500 on the Twins vs. Royals MLB game and lose, you'd receive five $100 bonus bets totaling $500. If you wagered $25 on the Red Wings vs. Flyers NHL matchup and lost, you'd get one $25 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 Thursday's action
Follow these simple steps to claim your BetMGM welcome offer and bet on Thursday's NBA, MLB and NHL games:
- Click the BetMGM registration link and enter bonus code SIBONUS50 during signup.
- Complete account verification by providing personal information and driver's license details.
- Make your first deposit of at least $10 using any accepted payment method.
- Place your qualifying first bet on any Thursday game, such as Braves vs. Diamondbacks or Penguins vs. Lightning.
- If your bet loses, receive bonus bets back up to $1,500 within 24 hours.
- Use your bonus bets within seven days before they expire.
Read our comprehensive BetMGM review for detailed analysis of the sportsbook's features, betting markets and user experience.
Additional BetMGM promotions for existing customers
BetMGM consistently provides ongoing promotions for existing users beyond the welcome offer. Regular customers can find daily odds boosts, parlay insurance offers and sport-specific bonuses throughout the week. The sportsbook frequently features enhanced payouts on popular betting markets and special promotions tied to major sporting events.
Check the 'Promos' tab within the BetMGM Sportsbook app to discover current offers for existing users. These rotating promotions often include profit boosts for specific games, early payout specials and loyalty rewards through the MGM Rewards program that complement your regular betting activity.
- 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.
BetMGM is just one of the many March Madness betting sites offering March Madness betting promos this week. Claim more than $10K in offers by signing up to multiple sportsbooks.
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.
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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.