Receive a Risk-Free Bet up to $1,000 When You Join BetMGM Sportsbook

Betting on sports online seems like fun – except for the losing part. Of course, that comes with the territory, but watching a bet go sour does sting. BetMGM Sportsbook realizes this, so they’ve developed a way to ensure your first wagering experience is a good one. On this site, your first wager is risk-free up to $1,000!

Sounds unbelievable, right? Well, follow us below the fold, and we’ll show you how this works.

How Does This Promo Work?

Start by creating an account on BetMGM Sportsbook. Next, after you finish setting everything up, go to the cashier. Deposit at least $10, then go to the batting dashboard. Finally, find a betting market you like and make a wager of up to $1,000. At this point, sit back and watch the action unfold. If you win, great – you’ll likely take down a decent profit. But if it loses, you’ll get up to $1,000 in free bets back as compensation.

Terms & Conditions

Now, that’s a generous welcome offer. But as you might expect, there are terms and conditions to be aware of:

1. In this offer, BetMGM Sportsbook awards cash in the form of free bets. To convert them to real money, you must use and win a wager with them.
2. If you wager more than $50, then lose your risk-free bet, you will receive five separate free bets. Each of these free bets is equal to 20% of the value of your original risk-free bet. For example, if you bet $1,000 and lose, you’ll get five $200 free bets, NOT one $1,000 free bet.
3. When you use a free bet, you are entitled to the profit it generates, but not the stake.
4. If you use a free bet on a wager, said wager would not be eligible for a “cash-out.”
5. You must use awarded free bets within seven days of receiving them. If you do not, BetMGM Sportsbook will revoke them.