One of the Stanley Cup finalists has booked its place in the NHL's showcase event. Colorado awaits the winner of the Tampa Bay Lightning-New York Rangers series. Whether it’s the NHL Playoffs, the NBA Finals or another market that spurs on your betting passion, you can take advantage of a $1,000 risk-free welcome offer by using the BetMGM bonus code REALGM when you sign up.

BetMGM’s go-to welcome offer provides bettors with peace of mind on their first wager by refunding the stake on losing bets.

Easy-To-Access BetMGM Bonus Code

Bettors want to devote as much time as possible to planning and executing a sound betting strategy. Top betting sites like BetMGM know the value of time, which is why they facilitate a simple and easy sign-up process.

To access the $1,000 risk-free welcome, you must first sign up for the online sportsbook. Click the BET NOW link on this page and then hit Register on BetMGM’s website. When completing the sign-up process, make sure to submit the BetMGM bonus code REALGM.

That ensures your access to one of the best sportsbook promo codes on one of the top sports betting apps in the industry. After your account has been authorized, deposit no less than $10 to get your BetMGM sports betting journey underway.

Your first wager is what the welcome offer depends on. If you lose that bet, the online sportsbook reimburses the stake up to a $1,000 maximum.

BetMGM refunds the stake in a slightly different way than other sportsbooks offering risk-free bonuses.

On losing wagers of $50 or more, you’ll receive five equal free-bet token disbursements. If you wagered $49 or less, one free-bet token is deposited into your account. Regardless of the amount staked, you’ll receive the refund within 24 hours.

New account holders need to make a first bet within 30 days of signing up.

Insurance Policy Covers Stake on OT Losses

There’s still time to take advantage of BetMGM’s insurance offer, which applies to any NHL or NBA moneyline wager that loses in overtime.

Watching the team you back lose in overtime is a particularly gut-wrenching experience. BetMGM relates to the bettor’s plight by offering a refund on moneyline wagers up to a $25 maximum.

You need to be a BetMGM account holder to take part in the offer. If you don’t have an account, sign up for the online sportsbook using the BetMGM bonus code REALGM.

The refund is deposited into your account via a single free-bet token within 24 hours of the bet’s settlement. Like all of BetMGM’s bonus offers, you have seven days to invest the free-bet token on another wager.

Get up to a 40% Bonus on Parlays

 Four-to-seven-leg parlays provide the ultimate challenge for sports bettors, who set their sights on a substantial payout should their accumulator prevail.

If you’ve won a parlay of high difficulty before, you know that few emotions rival that pure elation. BetMGM has a bonus that rewards bettors for their parlay-betting endeavor.

If you win a parlay of between four and seven legs, BetMGM adds a bonus to your winnings. The amount of the bonus depends on the number of legs. BetMGM adds the maximum 40 percent to winning seven-leg parlays. The bonus amount decreases by 10 percent for every leg subtracted.

For example, a 30 percent bonus is added to winning six-leg parlays.

The potential payout on winning parlays, with the inclusion of BetMGM’s bonus offer, is substantial. Imagine winning a seven-leg parlay with +1000 cumulative odds. If you staked $100, you’ll receive a payout of $1,000. The 40 percent bonus is then added to that, equating to an overall payout of $1,400.

That amounts to a pretty good day at the office. While you don’t need to submit the BetMGM bonus code REALGM, you do have to opt-in to participate.