This is one of the most exciting times of the year for sports bettors, as we just had an all-time upset in the Kentucky Derby, have some incredible best-of-seven series in the NBA & NHL playoffs, and have the makings of some fantastic early season pennant races in MLB. New customers can cap out that excitement with the BetMGM bonus code REALGM that gives you a risk-free first bet of up to $1,000.

This caliber of deal goes toe-to-toe with the promo codes from nearly any of the top sports betting apps, as savvy bettors know the value of a risk-free first bet of up to $1,000. It’s the type of deal that can be a great boost to building a betting bankroll.

You can only benefit from the boost provided by the BetMGM bonus code REALGM if you sign up for it, so here are the quick and easy steps to do just that.

Start Quickly With BetMGM Bonus Code REALGM

Click on the BET NOW button in this review. That will display the BetMGM sign-up page. Fill out the basic information requested and add in the BetMGM bonus code REALGM in the bonus code box.

Do that and deposit $20 or more into your new BetMGM account and the risk-free first bet will be ready to go.

Keep in mind that the risk-free first bet only applies to your initial wager, so be sure to budget this highly valuable asset accordingly to get as much benefit from it as possible.

Getting The Most Out Of Your Risk-Free First Bet

Many new BetMGM customers play for upside and pick an upset with their first bet, while others will go with more of a percentage approach and make a chalk selection.

Either one of these approaches will pay well when the initial wager wins, but if it ends up as a loss, the risk-free first bet kicks in when BetMGM places five bet credits into your account each equal to 20% of the value of your first bet, up to $1,000. Most sports betting apps give you a single bet credit, but having five free-bet credits provides you with much more wagering flexibility.

Many online sportsbooks also have multiple time playthrough requirements that make it very difficult to benefit from a bet credit, but there is only a 1X playthrough here. That means any successful wager that you make with the free-bet credits will result in winnings being placed into your new BetMGM account.

Money Monday Club, Parlay/OT Insurance And Rewards

One of the great benefits of joining BetMGM is being able to opt-in to the Money Monday Club. This club gives you a $10 free-bet credit every Monday if you wagered at least $50 in the previous week. BetMGM also has many forms of parlay and overtime insurance that give you your stake back in the event of a close loss.

In addition to all of this, new customers are also automatically enrolled in the BetMGM Rewards program that lets you turn tier credits into free bets or perks at MGM hotels and resorts.

Add it up and this must be one of the best introductory offers available, so be sure to sign up with the BetMGM bonus code REALGM today.

In other sports betting news, online wagering recently arrived in Ontario. To find more information about Ontario’s mobile sports betting and online casino bonuses, you can check our Ontario sports betting and Ontario online casino bonus codes reviews.