Betting Bonus Promotions BetMGM Cash Back Golf Promo - Get A Second Chance On PGA Tour Events
Betmgm pga golf promo second chance cash back
Jan 12, 2026 → Aug 30, 2026

BetMGM Cash Back Golf Promo - Get A Second Chance On PGA Tour Events

Until August, players at BetMGM Sportsbook get a second chance at PGA golf tournaments. Pick your favorite for the week's event, and get your bet refunded in cash if your golfer finishes in second place. The promotion is available on eligible PGA Tour tournaments each week, including major championships like The Masters and U.S. Open.
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Written by Albert Bonus & Sweepstakes Specialist
Updated: May 26, 2026

What Is BetMGM's Second Chance For Golf?

Throughout the 2026 PGA golf season, BetMGM Sportsbook offer a unique promotion that lets players bet on their favorite golfer for the week's upcoming tournament, and if they finish 2nd instead, you get your bet refunded in cash.

From January to August, every weekly pick gets a second chance. If your golfer loses in a playoff, they count as 2nd place, so you still qualify. If they tie for second, you qualify. If your pick wins, you win. Any cash back is cash/unrestricted funds, not Bonus Bets. This means that you're free to withdraw the full amount refunded. 

How Does The Second Chance Cash Back Work?

  1. Sign up or log in to your BetMGM account.
  2. Make sure your account is verified.
  3. Pick a Tournament Winner bet between Monday-Wednesday on a tournament week.
  4. If your golfer finishes 2nd (including ties), you get your stake back in cash.

Only wagers made between the Monday 12 AM EST and Wednesday 11:59 PM EST of a week directly preceding a tournament are eligible for Second Chance. Futures (bets made before the tournament week) or bets places after Wednesday do not qualify for the second chance that week.

Betmgm second chance golf promo

What Golf Tournaments Can I Get Cash Back On?

This golf promotion is available between January 12 and August 30, 2026, and is valid for PGA Tour Events throughout the 2026 season. This includes:

  • The Charles Schwab Challenge
  • The Masters
  • US PGA Championship
  • US Open
  • The Open Championship
BetMGM Bonus
Up to $1,500 in Bonus Bets
If Your First Bet Doesn't Win

Turnover: 1x Bonus Amount

Lowest odds: N/A

Bonus code: N/A

Eligibility

Must be 21+, have an eligible existing BetMGM account and not be on any exclusion or self-exclusion lists. The promotion is open to players who place and settle a real-money bet on an eligible event during the promotional period, while being located in a state/jurisdiction in which the BetMGM sportsbook is legally available.

Eligible states:

AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, 
MD, MI, NC, NJ, NY, OH, TN, VA, WV, WY

The golf cash back promo is not available in Nevada, Ontario, Pennsylvania, or Puerto Rico.

Combining the promo with other offers, such as Bonus Bets, Tokens or cashing out the wager, will void eligibility. Only wagers made during the promotional week directly preceding an applicable golf event will qualify for Second Chance Refunds.

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Important Terms & Conditions

BetMGM Second Chance PGA Golf Cash Back

  • Valid on eligible PGA Tour events through August 2026.
  • Bet on a golfer in the Tournament Winner market Monday-Wednesday before the event.
  • If your golfer wins, your bet pays normally.
  • If your golfer finishes 2nd (including ties), BetMGM refunds your stake in cash.
  • Only pre-tournament straight bets qualify.
  • Cash-out, edited bets, and bonus bet wagers are not eligible.
  • Refunds are paid as withdrawable cash with no wagering requirements.

BetMGM Sign-Up Offer

  • Up to $1,500 Back in Bonus Bets if Your First Wager Doesn't Win.
  • 21+. New users only.
  • Offer available in AZ/CO/DC/IL/IN/IA/KA/LA/MA/MD/MI/ NC/NJ/OH/PA/TN/VA/WV/WY.
  • Offer not available in NV/NY/PR.
  • Qualifying deposit (min $10) and first real money wager required.
  • If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500.
  • Rewards are non-withdrawable bonus bets that expire in 7 days.
  • 21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET. NY: Call (877-8-HOPENY) or text HOPENY (467369).

See full terms and conditions at BetMGM.