The BetMGM bonus is a bet credit which allows players to place wagers without using their cash funds.
To get it, you have to sign up on BetMGM, make a deposit of at least $10, place a qualifying bet and you will be rewarded with a bonus if your bet losses.
With a first bet of more than $50 stake, you will get five (5) bonus bets in equal denominations of 20% of the whole wager amount.
For instance , if you place a qualifying bet of $1,000 and you lose, you will get five (5) $200 bonus bets.
On the flip side, with a qualifying bet of less than $50, you will only get one bonus bet equal to the original wager amount.
The bonus credit cannot be withdrawn or cashed out. It can only be used once and it will not be included in any winnings.
Again, bonus credit must be used within seven (7) days.