BetMGM Bonus Code SI1500 for Exclusive $1,500 Bonus Nov. 2026

The BetMGM bonus code SI1500 gives new users up to $1,500 back in bonus bets if their first bet loses, with a $10 minimum deposit. This is BetMGM’s biggest welcome offer, though promotions vary by state. Players in IL, NC, OH, TN, and VA can get up to $1,000 in bonus bets, while those in MI, NJ, PA, and WV can bet $10 and get $150 in bonus bets if they win.

Register today and explore your betting options ahead of Thursday Night Football between the Commanders and Giants.

BetMGM runs three welcome offers in November 2026. With bonus code SI1500, most states get up to $1,500 back in bonus bets if your first bet loses. Michigan, New Jersey, Pennsylvania, and West Virginia get $150 in bonus bets after a winning $10 bet. Illinois, North Carolina, Ohio, Tennessee, and Virginia can take up to $1,000 in bonus bets over 10 days instead.

The First Bet Offer is for new BetMGM customers only. One welcome offer per customer.

The BetMGM bonus code is SI1500, which gives new users up to $1,500 back in bonus bets if their first wager loses. After you sign up with the code, you must deposit at least $10 and place a qualifying first bet. If that bet wins, you keep your winnings as normal. If it loses, BetMGM refunds your stake as bonus bets, up to $1,500. 

The way the bonus bets are issued depends on the size of your qualifying wager. If your first bet is $50 or less, you’ll receive one bonus bet equal to your original stake. If your first bet is more than $50, the refund is split into five bonus bets, each worth 20% of your initial wager. For example, a losing $500 first bet would return five $100 bonus bets.

Bonus bets carry a 1x wagering requirement and can be used to generate cash winnings, but the bonus-bet stake itself is not returned. That means if you use a $100 bonus bet at +200 odds and it wins, you would receive $200 in cash winnings rather than $300.

Terms and conditions

Always make sure to familiarize yourself with the terms and conditions which are highlighted below:

• You must be a new BetMGM sportsbook customer and meet the legal betting age requirement in your state.
• You must deposit at least $10 and place a real-money wager to activate the offer.
• Your first qualifying wager must settle as a loss to trigger the second-chance bonus.
• BetMGM will refund your losing first-bet stake as bonus bets, up to $1,500.
• For wagers of $50 or less, you’ll receive one bonus bet equal to the value of your initial stake.
• For wagers of more than $50, you’ll receive five bonus bets, each worth 20% of your original wager.
• Bonus bets have a 1x wagering requirement and can generate withdrawable cash winnings.
• The offer is available in eligible BetMGM states, excluding New York, Nevada, and Puerto Rico.
• This offer expires on Dec. 31, 2026.

Claiming the BetMGM new user promo SI1500 is simple. Follow the steps below to get up and running with one of the best sports betting apps in the country in a matter of minutes.

1. Register 

Click on one of the links on this page to begin your registration with BetMGM. You’ll need to fill in some personal information and confirm your identity to verify your account.

Double-check that the BetMGM promo code SI1500 is entered. If not, enter it manually.

2. Deposit funds

Make your first deposit of at least $10. You’ll find a wide range of deposit options, including PayPal, Apple Pay, Visa, Mastercard, bank transfer, and more. 

3. Place a bet 

Place a wager on the market of your choice. BetMGM offers a massive selection of markets across many sports. Whatever sport you favor, remember you have seven days to use your bonus bets.

4. Withdraw winnings

Once you’ve completed your 1x playthrough requirement, you’ll be able to withdraw your profits and complete your BetMGM welcome offer. Your winnings will not include any bonus bets. For example, if you wager a $50 bonus bet on +100 odds, you’ll receive $50 in withdrawable money. 

If you’re new to motorsport wagering, start by reading how F1 betting sites price race winners, podium finishes and driver head-to-heads.

BetMGM Sportsbook promotions vary by state, so the offers available to you will depend on where you’re located. Eligible bettors can find a range of promotions, from new user offers to ongoing deals such as bonus bets and odds boosts.

BetMGM welcome offer by state

Explore our state-specific guides to find the latest NJ sportsbook promos, New York sportsbook promos, PA sports betting promos, Ohio sportsbook promos, NC sportsbook promos, Illinois sportsbook promos, Michigan sportsbook promos, Arizona sportsbook promos, and Tennessee sportsbook promos.

Each guide breaks down the sportsbook promotions available in that state, making it easier to compare BetMGM with other legal sportsbooks and find the offers available where you live.

The offer I claimed

When I first signed up for BetMGM in 2021, the welcome offer was a $1,000 "risk-free bet." I put the full $1,000 on an NFL point spread pick, which lost. Since my losing wager was $1,000, well above the $50 threshold, BetMGM automatically split my refund into five separate $200 free bets rather than one lump sum. I placed each of those five $200 bonus bets on different NFL point spreads, all at -110 odds, and went 3-2. Since bonus bets only pay out the winnings and don't return the stake, each winning bet netted $181.82 in profit. Three wins added up to $545.45, while the two losses cost nothing further since that money was never mine to begin with. Against my original $1,000 cash loss, I ended up down $454.55 overall.

Here's how the offer worked for me:

How the current BetMGM offer compares

BetMGM's current welcome offer is up to $1,500 in bonus bets, $500 more than the 2021 version I used. One thing worth noting: "risk-free bet" isn't a term sportsbooks can use anymore in most states, since regulators pushed back on the phrase for implying an actual cash refund when the payout only comes back as restricted bonus bets, not cash. That's why current offers are framed as straightforward bonus bet amounts rather than risk-free wagers, even though the underlying refund mechanic, split into multiple smaller bets rather than one lump sum, still works similarly to what I experienced in 2021. 

How I'd use the current promo

Knowing what I know now, I wouldn't put the full qualifying wager on a coin-flip spread bet the way I did in 2021. I'd probably go for some shorter odds and try to make $500 profit or so. If I lost, I'd also approach the five resulting bonus bets a little differently than I did back then.

Since the stake on a bonus bet never comes back anyway, win or lose, there's an argument for taking a bit more risk with some of that money instead of playing it completely safe. I'd stick with -110 point spreads for two or three of the five bets, similar to what worked out for me in 2021, but I'd take a shot with longer odds on the other ones, since a bonus bet at plus-money has a much bigger upside if it hits.

What I like about the BetMGM bonus code

What I like most about the BetMGM promo code offer is its flexibility. You don’t need to wager $1,500 to qualify, but the high limit lets you protect a larger first bet. This makes BetMGM bonus code SI1500 suitable for different bankroll sizes.

I also like the second-chance format. If your first bet wins, you collect the payout. If it loses, BetMGM returns your stake as bonus bets up to $1,500. A losing $1,500 wager returns five $300 bonus bets, giving you more chances to win.

What I dislike about the BetMGM bonus code

My biggest issue with the BetMGM promo code is its limited refund flexibility. A $1,500 qualifying bet that loses returns five $300 bonus bets, with no option to split the credit into smaller wagers.

That meant placing five bets, risking $300 each, instead of spreading the funds across more wagers. I’d prefer control over how the refund is divided, especially when claiming the full $1,500.

Simplicity 4.9/5 ⭐⭐⭐⭐⭐ – The BetMGM promo code is easy to activate: sign up with SI1500, deposit at least $10, and place your first real-money wager. The only extra wrinkle is understanding how the refund is divided if a wager over $50 loses.

Value 5/5 ⭐⭐⭐⭐⭐ – Up to $1,500 in bonus bets gives this offer excellent upside. I especially like that I can choose the size of my first wager based on my own bankroll rather than needing to bet the full $1,500 to get value from the promotion.

Terms 4.8/5 ⭐⭐⭐⭐⭐ – The core terms are straightforward, but there are a few details to understand before betting. Losing wagers over $50 are returned as five separate bonus bets, and those credits expire after seven days, so I recommend having a plan for how you'll use them.

Other promotions 5/5 ⭐⭐⭐⭐⭐ – I give BetMGM full marks here because new-user bonuses aren't the only promotional value available. Existing customers can keep finding additional offers after the welcome bonus ends, which gives BetMGM more long-term promotional appeal.

Overall bonus rating 4.9/5 ⭐⭐⭐⭐⭐ – The BetMGM bonus code earns one of my highest ratings because of its combination of flexibility, a $1,500 maximum, and valuable second-chance protection. The fixed five-bonus-bet refund structure keeps the terms from earning a perfect score, but the SI1500 code remains an excellent welcome offer overall.

What reviewers are saying

Tracie - "Have not had any issues with MGM. Win some days, lose some days. Payouts are easy and quick. Love some of the games." - Trustpilot user

Scott - "Best sports and casino app in town. Love the promos and the easy navigation of the app." - Google Play user

Current users who have already activated the BetMGM promo code can take advantage of a wide range of ongoing BetMGM promos and bonuses throughout the year. 

Top BetMGM promo offers for Nov. 11, 2026

For more information on the referral program, check out the BetMGM refer a friend page and learn how to gain an extra $500 per month to your account.

BetMGM Casino is the online gaming arm of BetMGM, offering a wide range of digital casino games, including branded slots, table games such as blackjack and roulette, live dealer experiences, and exclusive in-house titles.

The platform works much like a physical casino: you create an account, deposit funds, and then play for real money or in demo mode, with all games run by licensed software providers to ensure fairness.

The BetMGM online casino is legally available in states where online casino gaming is regulated, including BetMGM Casino NJ, BetMGM Casino PA, BetMGM Casino MI, and BetMGM Casino WV, with additional states expected as legislation expands.

BetMGM casino is fully integrated with the BetMGM Sportsbook app in supported markets, so players can seamlessly switch between sports betting and casino play using a single account and wallet.

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With a total value of up to $1,500 and plenty of flexibility, which allows you to deploy your second-chance bet across a spread, moneyline, or player prop, the BetMGM welcome bonus is one of the best sportsbook promos to claim in 2026.

To see how the BetMGM promo code compares to other leading sports betting operators, here is a quick snapshot of the welcome bonuses available at top sportsbooks in the U.S.:

Each of the best betting sites offers something a little different when it comes to welcome bonuses. When you use the BetMGM bonus code on your deposit, you’ll obtain a ‘second-chance’ bet where you can get up to $1,500 back in bonus bets should your first wager lose.

The most comparable welcome offer we suggest is theScore Bet promo code bonus. New users are granted a first bet reset of up to $1,000 if the qualifying wager is a loss. 

The FanDuel promo code, DraftKings promo code, Hard Rock Bet promo code and bet365 bonus code all feature popular ‘bet and get’ promotions, similar to BetMGM's welcome offers in Michigan, New Jersey, Pennsylvania, and West Virginia.

The Caesars Sportsbook promo code rewards you with 10 100% profit boost tokens after making a $1 or more wager. Last but not least, the Fanatics Sportsbook promo gives you up to $1,000 in FanCash when you bet for 10 consecutive days after creating your new account.

If you stumble upon this page in Canada, be sure to check out our BetMGM Alberta review page.

Check out our list of the best MLB betting sites if you're looking to compare bonuses and promos for the 2026 MLB postseason.

If you want something different from a traditional sportsbook bonus, prediction market apps are worth considering. Platforms such as Kalshi and Polymarket let you trade contracts based on whether an event will happen, with markets covering sports and a range of other real-world outcomes.

That structure is very different from BetMGM’s second-chance bet, but it gives users another way to put money behind their predictions. New users can claim the latest Kalshi promo code, Polymarket promo code, and other prediction market promos to get started.

On the board: A full slate of action across the NBA, college football, NFL and NHL sets the stage for an entertaining week in sports. In the NBA, Eastern Conference rivals take the spotlight as the Milwaukee Bucks square off against the New York Knicks and the Boston Celtics battle the Philadelphia 76ers. Western Conference intrigue adds to the mix, with the Los Angeles Lakers facing Milwaukee and the Golden State Warriors taking on a young, talented San Antonio Spurs squad.

Saturday's college football schedule delivers several high-profile conference matchups, including Alabama against Vanderbilt, USC at Indiana and a heavyweight SEC matchup between Texas and LSU. With postseason positioning potentially hanging in the balance, each game carries added significance. Sunday's NFL lineup keeps the momentum going as the Kansas City Chiefs meet the Atlanta Falcons, while the New England Patriots and Detroit Lions bring American football to Munich for an international showdown.

The NHL offers no shortage of compelling storylines, either. Colorado and Toronto meet in a clash of talented rosters, while Montreal and Boston add another chapter to one of hockey's most storied rivalries. Edmonton's trip to face the Maple Leafs and Florida's showdown with Dallas provide additional must-watch action, rounding out a week filled with marquee matchups across the sports landscape.

Yes, BetMGM gives you a birthday bonus. The award will depend on your tier level and ranges from $5 to $200+.

How to get your bonus

To claim your rewards, sign in through the app or website, open the Account menu, and go to My Rewards. If your birthday has passed and you’ve met the qualifying wager requirement but the bonus still isn’t showing, contact BetMGM customer support through live chat or submit a support ticket to ask them to review your account.

The payment methods at BetMGM vary between states, but most of the popular options, like Visa, Mastercard, PayPal, and debit cards, should be available wherever you are located. We've deposited countless times with a debit card, and the money is always loaded into our accounts instantly.

Furthermore, when we've made withdrawals, our funds have been delivered faster than the website suggests, making it one of the best online sportsbooks for payouts in the country. A debit withdrawal can sometimes take just an hour or two, while PayPal is usually within 24 hours, in our experience.

BetMGM is a strong option for new users, and I think its welcome offer is one of the biggest reasons to sign up. Getting up to $1,500 back in bonus bets gives you more protection on your first wager than a simple deposit-and-bet promotion, while still letting you choose how much you're comfortable risking.

I also like that the offer rewards both outcomes in different ways. If your first bet wins, you keep the payout. If it loses, you get another chance to win through the second-chance bonus. The main limitation is that larger refunds are split into five fixed bonus bets, which reduces flexibility, but that doesn't outweigh the overall value for me.

After testing the promotion myself, I came away with a positive impression of BetMGM. The maximum offer gives the offer real upside, the qualifying requirements are easy to understand, and bettors don't need to wager close to the maximum to get value. For new BetMGM users who understand how the bonus bets work and have a plan for using them, I think BetMGM promo code SI1500 is a worthwhile welcome offer.

BetMGM is committed to promoting responsible gaming and offers a variety of resources through its GameSense program. Customers can access GameSense through the ‘About Us’ section on both the desktop and mobile apps. The program provides helpful tools and tips, including options to set betting limits, time limits, and deposit limits. Additionally, users can find information on local support resources and links to organizations such as Gamblers Anonymous.

Make sure you check out our top-rated NASCAR betting sites and soccer betting sites to compare BetMGM with other brands.