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BetMGM sign up offer: BetMGM bonus code2024

New customers can take advantage of the BetMGM sign up offer to get £40 in free bet tokens

Chris Wilson
Thursday 05 December 2024 10:23 EST
(iStock/The Independent)

Although BetMGM is one of the new betting sites on the block, its sign up offer is arguably the best on the market, giving new users £40 in free bets when they deposit and bet £10. 

The BetMGM offer is simple to claim – it doesn’t require a promo code, just sign up, deposit £10 and make a qualifying bet. Once your wager settles, you’ll soon be credited with £40 in bonuses as four separate £10 bets.

Below, we’ve run through the BetMGM offer and sign up process, including how to qualify, how to claim the free bets and any relevant terms and conditions.

To find out more about how we rate bookmakers and about gambling responsibly please scroll a little further down the page.

What is the 2024 BetMGM sign up offer?

The BetMGM sign up offer is a variation of the standard ‘bet £10 to get free bets’ welcome promotion that you often see on betting sites.

The BetMGM welcome offer gives customers £40 in bonus funds when they sign up online, deposit £10 and bet £10 on a sports market with odds of 1/1 or greater.

Once their qualifying wager is settled, customers will receive £40 worth of free bets in the form of four separate £10 bets to use on any sport.

Customers must place the qualifying wager within seven days of signing up, and the BetMGM bonuses are active for seven days.

Is there a BetMGM bonus code?

There is no BetMGM bonus code required for new customers to opt in to the offer. Simply click on the sign-up links on this page to access the BetMGM welcome offer – you can find more instructions below.

How to claim the BetMGM sign up offer

Step 1: Visit BetMGM via one of the links on this page by clicking on the ‘BetMGM bet £10 get £40’ tab.

Step 2: Click the sign up button and opt-in on the sports welcome offer before registering using your personal details, including name, age (over 18s only), address and any other relevant information.

Step 3: Deposit £10 into your account using an accepted payment method for this offer.

Step 4: Place a £10 bet on any sport on odds of evens (1/1) or greater within seven days of registering a BetMGM login.

Step 5: Once your qualifying wager is settled, you’ll receive £40 in free bets to use on BetMGM sportsbook.

Step 6: Remember that all free bets are active for seven days before expiring.

Key T&Cs for BetMGM new customer offer

The BetMGM welcome offer is only available to new customers aged 18 or over who reside in the UK. The offer is limited to one customer, IP address and household.

Customers must remember to opt-in on the ‘sports welcome offer’ when signing up.

Users must place a £10 deposit to qualify for the BetMGM sign up bonus, and they need to stake £10 on any sport with odds of evens or greater. This must be done within seven days of signing up.

Free bets, bet boosts, or profit boosts do not qualify. Cash out, void bets and multiples are also not eligible. Bet Builders are considered to be one bet or set of odds per game, meaning that the odds of the bet builder must add up to minimum odds of 1/1. 

Free bets are credited once your qualifying wager settles, and they must be used within a week.

Free bet tokens come as four separate £10 free bets for use on any sport.

Stakes are deducted from returns and there are no wagering requirements on either the BetMGM free bets or BetMGM casino bonuses.

How BetMGM sign up offer compares to other leading bookies

The BetMGM new customer offer is one of the most valuable on the market right now, with fewer terms and conditions than its competitors. Only the Betfred promo code and Bet365 bonus code offers surpass the BetMGM welcome offer in terms of value.

For comparison, the William Hill sign up offer is a bet £10 get £30 deal, while SpreadEx and Tote go further with bet £10 get £40 offers.

One blemish is the lack of flexibility with the BetMGM free bets, as they must be used on horse racing, football, bet builder and accumulators, while there is only seven days to claim and use your bonus funds, though this is standard across the industry.

Below, we’ve picked out a handful of other sign up bonus deals from top bookmakers for an idea of how the BetMGM sign up offer fares.

Bookmaker

Welcome offer

Bonus code

Betfred

Bet £10 Get £50

BETFRED50

Tote

Bet £10 get £30 in free bets + 50 free spins

B10G40

SpreadEx

Bet £10 get £40 in free bets

INDY2024

Bet365

Bet £10 get £50 in free bets

INDY2024

William Hill

Bet £10 get £30 in free bets

R30

Betway

Matched £30 Acca if your first acca loses + 100 free spins

None required

BetMGM bonuses for existing customers

Once you’ve used your BetMGM free bet tokens, there are plenty more promotions to take advantage of for existing BetMGM customers.

Customers can receive daily enhanced odds on a range of sports, including football, horse racing, NFL, basketball, golf, tennis, darts and more.

Users that opt-in on the Weekly Sports Free Bet via the ‘My Offers’ page can unlock £5 in free bets after betting £10 on a four-fold acca with odds of evens or greater and a £10 bet on a football bet builder. Cashed out bets are not valid.

There are other boosts too, including daily race boosts, where users can opt in and bet £20 a day on horse racing, to receive a 10 per cent profit boost on a daily basis. Winnings are capped at a maximum of £10k.

On BetMGM’s football betting site, there are acca boosts for customers who place accas on three legs or more with odds of at least 3/10 per selection. When placing your bet, select ‘Profit Boost’ under the rewards section, and customers can receive a boost up to 200 per cent on accas. The maximum stake is £500.

BetMGM also offers users the chance to play the free game ‘Golden Goals’, where customers can win up to £2 million for correctly predicting the outcome of six Premier League games.

Reasons to sign up with BetMGM

Although it is generally renowned as one of the best casino sites, BetMGM is also one of the best new betting sites on the market, with its bet £10 get £40 promotion giving new customers plenty of free bets to hit the ground running.

Among new betting sites, BetMGM is a market leader for those who like betting on football, offering plenty of markets, in-play betting, enhanced odds, profit and accumulator boosts and a free-to-play game where users can potentially win a jackpot of £2m when guessing the results of six Premier League games.

BetMGM’s horse racing betting site is not short of promotions either, offering daily profit boosts, enhanced odds and weekly free bets. Alongside this, its golf betting site ranks with the best of them, especially for promotions around the majors such as the US Open and Masters.

BetMGM also has one of the best betting apps, offering cash outs, partial cash outs, bet builders, in-play betting and live streaming on a selection of sports, making the customer experience straightforward and user-friendly.

BetMGM sign up offer pros and cons

Below is a table detailing the pros and cons of the BetMGM sign up offer.

Pros

Cons

One of the best value welcome offers on the market, with £40 in bonuses

Free bet tokens have to be used on football, horse racing and accas

The sign up process is simple with fewer T&Cs than competitors

The time frame of seven days to use the credits is a little restrictive

There are no wagering requirements, so new users are free to withdraw any winnings they make from their free bets

Aside from the offer’s great value and easy sign-up process, there are no wagering requirements attached to any winnings from the BetMGM free bets. Considering this, the BetMGM offer can compete with the best on the market.

All-in-all, the sign up process is a solid betting experience and their ongoing promotions and specials are interesting enough to retain customers, especially as offers and promotions may grow as the company further establishes itself in the UK market.

Gambling responsibly

BetMGM do a good job of promoting responsible gambling, but you can never be too careful, so it is important to be aware of the pitfalls.

Never bet more than you can afford to lose. Gambling is only a form of entertainment and never a way to make money, even if you’re a sporting expert, so take steps to remain in control of your budget.

You can do this by making use of the responsible gambling tools offered by BetMGM, such as deposit limits, loss limits, self-exclusion and time-outs. These can be accessed through the tab at the bottom of the site.

Should you wish to seek help for gambling-related issues, there are several charities and healthcare providers who offer support and information:

We may earn commission from some of the links in this article, but we never allow this to influence our content. This revenue helps to fund journalism across The Independent.

We aim to offer every online gambler and reader of The Independent a safe and fair platform through unbiased reviews and offers from the UK’s best online gambling companies.

Gambling can be addictive, always play responsibly and only bet what you can afford to lose. Gambling sites have a number of tools to assist you to stay in control, including deposit limits and time outs. If you think you have a problem, advice and support is available for you now from BeGambleAware or Gamcare.

Any offers or odds listed in this article are correct at the time of publication but are subject to change. Terms & Conditions apply to all offers.

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