Online sportsbooks across the country are gearing up for the peak of betting season, and that means a number of awesome, lucrative sportsbook promo codes will be handed out in the coming weeks and months. We’ve got one that RealGM readers can take advantage of today: The BetMGM bonus code REALGM is handing out a first risk-free bet up to $1,000 to all new players who register for a new account.


We’ll go over everything that RealGM readers need to know about this terrific sign-up bonus so they can redeem it today as we gear up for the heart of the MLB season and the start of football in just a few short weeks.

Below we’ll explain how to get started.

BetMGM Bonus Code REALGM: $1000 Risk-Free Bet

Sports betting is plenty of fun. It can also be stressful when your bets are coming down to the wire, and sure wins turn into painful losses, or likely losses turn into unlikely victories. It’s why sports bettors should always be on the lookout for bonuses. We’ve done just that, and we’ve located the BetMGM bonus code REALGM, which is allowing new bettors to place their first bet risk free, knowing that they’ll earn site credit if they wind up losing.


Whether you’re betting the full $1,000 or just want to toss a few dollars on a game, everything starts with membership. Luckily, bettors are just a few steps away from turning that into a reality:

  • Use the links provided by us here to begin your registration
  • When prompted, enter the BetMGM bonus code REALGM to lock in your industry-leading welcome bonus of a risk-free bet up to $1,000
  • Next, create your account by providing BetMGM with all of your standard information to verify your identity (name, email, phone, address, etc.)
  • Prove that you are at least 21 years old (last four digits of your SSN) and that you are located in a state where BetMGM is operating to legally place a bet
  • Choose from the handful of banking methods that BetMGM provides and then make a qualifying first deposit

Five steps and a few minutes are all it takes to create your account. And then we get to the fun stuff because it’s finally time to bet. Choose from any of the odds in any sports betting market that BetMGM offers, and place a wager up to $1,000 on it. If your bet wins, you’ve got real cash coming back into your account. If your bet loses, don’t worry.

It’s why you entered the BetMGM bonus code REALGM during registration. It’s providing you with site credit in the exact amount of your losing wager—down to the last penny.


Redeeming Your Site Credit With BetMGM

If you’re 0-1 with BetMGM, don’t panic. Losses happen to everyone on sports betting apps, and this one in particular isn’t going to cost you. Within a few days of your first losing bet settling, you’ll see five bets enter your account that are in equal 20% denominations of the money you originally lost, on bets of $50 or more.

Bettors have 14 days to use these five free bets, and there’s a simple one-time playthrough requirement on them — so any winnings you earn become real cash. You receive a single bet token on wagers of $49 or less.

The BetMGM bonus code REALGM is one of the best welcome bonuses out there. Make sure you’re taking advantage of it as soon as possible so you can start earning all the perks that it has to offer.