BetMGM Sportsbook Promo Code | Claim Up to $1,500 in Bonus Bets

Written by: Daniel Craymer
Fact checked by Alex Windsor  
Updated: April 23, 2026
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BetMGM Sportsbook

Up to $1,500 in Bonus Bets

🔥 Used 18 times today.
    Legal & Licensed In
    US
    Validated On
    Oct 10, 2026.
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    BetMGM offers up to $1,500 in bonuses to all new customers, and you only need to submit the BetMGM promo code: BTOOLS. This bonus is available to new customers only, and you can only sign up at BetMGM if you are in one of the states where BetMGM operates.

    On this page, we will analyze the bonus offer and see how to get the most out of your promo code welcome bonus. Plus, we will give you a taster of what further bonuses and comprehensive sportsbook bets this first-rate US sportsbook has in store for you.

    BetMGM Sportsbook Promo Code Details

    First, you must either navigate to BetMGM Sportsbook on your internet browser, OR, you can download the BetMGM betting app and create your account there. You will need to sign up with an email address, and then enter your phone number and last 4 digits on your SSN to verify your identity. Or, you can do this manually by entering your legal name on a government-issued ID. Fill in the remaining prompts, accept the Terms and Conditions and you are good to go.

    Then, you will need to enter your BetMGM Promo Code to unlock your new customer bonus.

    BetMGM Sportsbook Promo Code: BTOOLS

    Your promo code will be accepted, and then you must make your first deposit and wager. If you lose your first wager, you will get up to $1,500 back in bonuses, to give you a second chance to get off to a flying start. You don’t need to be an expert or seasoned professional to max this bonus out; even novice bettors can benefit from having a little extra in their pocket.

    Up To $1,500 Back In Bonus Bets
    Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US), 877-8-HOPENY or text HOPENY (467369) (NY), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

    How the BetMGM Promo Code and Bonus Works

    The promo code sports bonus is a bonus bet, meaning you will get up to $1,500 back in bonus bets if your qualifying bet loses. If your qualifying bet wins, then you won’t get any bonus money, so for all purposes, this bonus is a safety net that enables you to go a little riskier with your initial bet.

    This bet can be used on major US sports league games, such as any NFL, NBA, MLB, NHL, or MLS game, but you can also use it to bet on international soccer games, tennis, golf, UFC, or anything other sport you want to bet on. The BetMGM bonus is extremely flexible in that regard, though you will need to observe the betting conditions.

    Wagering Conditions and Requirements

    Once you have received your First Bet Token, you will have 7 days to use it. It can only be used once and on 1 qualifying bet. The qualifying bet must meet the following requirements:

    • The minimum odds are -10,000
    • You can’t use the token in conjunction with any other offer (bonus bet, odds boost, parlay boost, etc)
    • Qualifying bets cannot be cashed out
    • If made void, the bet is not accepted
    • Should the bet settle and lose, you will receive the equivalent of your stake back in bonuses – up to $1,500

    Should you max out the token and place a bet of $1,500, then you will receive 5 bonus bets worth $75 each. For larger amounts, you will receive 5 bonus bets of equal denominations, worth 20% of your initial stake – if they are of a minimum of $50.

    Should you place an initial bet of $40, you will only receive 1 bonus bet worth $40. Anyone who places more than $1,500 will only receive bonus bets up to $1,500 in value.

    How you use that bonus is completely up to you, but we do have to point out that bonus bets cannot be exchanged for real money. The bonus bet itself has no monetary value, and can only be used to stake your bet. Should you win, the bonus bet itself is returned to the operator, and you will receive the profits.

    For example, if you have a $200 bonus bet and stake a bet with odds of -150 to win $333.33, you will only receive the profits ($133.33) and the staked money ($200 bonus) goes back to BetMGM.

    BetMGM Promo Code Legal States – 20 States + Washington DC

    BetMGM operates in over 20 states across the US, though the BetMGM promo code is not available in all of these. If you reside in any of the following states, you can sign up to the online BetMGM Sportsbook:

    • Arizona
    • Colorado
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Massachusetts
    • Maryland
    • Michigan
    • Mississippi
    • New Jersey
    • North Carolina
    • Ohio
    • Pennsylvania
    • Tennessee
    • Virginia
    • Washington
    • West Virginia
    • Wyoming,
    • Washington DC

    BetMGM operates in these states as well, but the promo code isn’t offered in the following:

    New York, Nevada, Ontario (CAN), or Puerto Rico

    You must be of legal gambling age (21+) to make an account at BetMGM, and can only do so if you are in one of the legal states. Should you leave the BetMGM state, you won’t be able to sign up or access your account until you are back within state borders.

    You shouldn’t use VPNs or cloaking devices to try to enter BetMGM, as the platform has geolocation trackers and you will instantly flag up in the system. The operators can choose to rescind any bonus offers, suspend you from betting, or even go as far as to ban you from BetMGM if you repeatedly open the sportsbook using a VPN.

    BetMGM Sportsbook Top Features

    You are signing up for a superior sports betting experience at BetMGM, with extensive betting markets, a plethora of features and tools, and enough incentives to bet like a pro. BetMGM has over 20 sports categories, covering all the major US sports leagues and the top international sports to bet on. It also includes various niche sports, from motorsports to the likes of cycling, darts and lacrosse.

    betmgm easy parlay promo code sports

    There are thousands of betting markets to browse through, including the standard moneylines, spreads and totals, as well as game props, futures, and even live betting markets. And parlay bettors have an outstanding range of advanced features to play around with at BetMGM.

    The minimum deposit is a mere $10, and BetMGM has a plethora of payment gateways to give you maximum flexibility where money management is concerned. MasterCard, VISA, AmEx, PayPal, Apple Pay, Discover Card, Venmo, and Instant Bank Transfers are all supported, in addition to various prepaid vouchers. BetMGM deposit and withdrawal methods can rival any sportsbooks and they offer one of the fastest withdrawal times going.

    Using the BetMGM betting app, you can easily manage your payments, craft complex BetMGM parlay bets, and even access the live streams and in-play betting markets for an electrifying betting experience.

    Bonuses for Existing Customers at BetMGM

    The new customer bonus is one of many that you can come to expect at BetMGM. To sustain loyal and happy customers, BetMGM continuously gifts users with recurring bonuses, and when a big event crops up, such as the Super Bowl, NBA Cup, March Madness, and so on, the promotions come in thick and fast.

    Up To $1,500 Back In Bonus Bets
    Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US), 877-8-HOPENY or text HOPENY (467369) (NY), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

    Friend Referral Bonus

    One of the easiest bonuses up for grabs is the BetMGM Refer A Friend bonus. You can refer up to 5 friends each month, and receive $100 for each successfully referred user. They don’t even need to be living in the same state as you, but they must be of legal gambling age and cannot have a prior account at BetMGM.

    Odds Boost Tokens

    BetMGM users are encouraged to open the promotions tab frequently, as BetMGM is renowned for providing boost tokens frequently. Some may be specifically tied to big sports events, such as a soccer World Cup or NFL Thursday Night Football. Other offers may not be event-specific, but relate to any upcoming NBA clashes or MLB game series, and sometimes BetMGM offers generic, non-sports-specific odds boost tokens.

    All you need to do is claim your token and then apply it to any bet that meets the requirements. Just as with your bonus bets, you cannot cash out boosted bets, and they will not be accepted if the bet is made void.

    BetMGM Loyalty Rewards

    One of the key features of BetMGM Sportsbook is its impeccable loyalty program, MGM Rewards. The program incentivizes users with BetMGM Rewards Points for their activity, which can then be redeemed for online bonuses or tokens. Players can also climb the loyalty status tiers to earn greater rewards, and these don’t just relate to sports betting. They also encompass shopping, hotel and dining benefits at any affiliated MGM casino resort, and fantastic one-off prizes such as NFL tickets or entry to exclusive events.

    betmgm boost bonus sports nba

    Best Alternatives to BetMGM

    Your adventures are only a few clicks, and one Copy Paste (copying the BTOOLS promo code) away. BetMGM Sportsbook is among the very best in the US, and through its mobile apps and lucrative bonuses, it has gained massive popularity in the states. Though we could recommend a few alternatives to BetMGM should you want to browse your options.

    Each of the following sportsbooks stands out for its competitive gaming products, and they all have their own strengths and exclusive features. We have detailed all you need to know about each platform in our reviews, going into key criteria such as sports scope, betting possibilities, banking options, mobile availability and customer support.

    Bet $5+ and Get $150 in Bonus Bets
    GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 14 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: sportsbook.draftkings.com/promos. Ends 10/18/26 at 11:59 PM ET. Sponsored by DK.
    Bet $1, Double Your Winnings Your Next 10 Bets
    Must be 21+ to participate. T&Cs Apply. Please Play Responsibly. Gambling problem? Call 1-800-GAMBLER
    Bet $5 Get Up to $350 in Bet Resets for 7 Days
    21+ (18+ D.C., KY, WY) First online real money wager only. $5 first deposit required. Min $5 wager required for 7 consecutive days. Max refund $50 per day. Restrictions apply, including token expiration. Select US states only. See terms at sportsbook.fanduel.com.
    Bet $5, Get $200 Bonus Bets
    New customers only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CO, IA, IL, IN, KS, KY, LA, MD, NC, NJ, OH, PA, TN, VA only. Bet $5 and Get $200 in Bonus Bets at bet365. Registration required. Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.

    Daniel is an avid bettor and a sports editor at BettingTools. He continuously tests new and existing betting platforms with his betting predictions and is always on the lookout for good deals. His ever careful approach to sports betting and calculative handling of betting tools is useful for any sports bettor who wants to learn how to refine their sports betting strategy.