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New Player Offer Walkthrough

First Bet Protection Up To $1,500 Back

Open your account, complete a qualifying deposit, and place your first token-applied wager. If that first token wager loses, you may receive your stake back in Bonus Bets up to $1,500.

View Full Terms
Token window: 7 days Bonus Bets expire in 7 days
Fast Facts
Offer Snapshot
Promo
First Bet Offer
Max stake back
$1,500
Min deposit
$10
Min odds
-10,000
Important

Bonus Bets are non-withdrawable. Only net winnings are paid out (stake is not returned) and credits expire after seven (7) days.

How To Qualify

A simple flow: register → deposit → first token bet.

1

Create Account

Register as a new user and unlock your First Bet Offer token.

2

Make Deposit

Complete a qualifying deposit of at least $10.

3

Place First Bet

Use the token on your first wager; if that wager loses, you may receive Bonus Bets up to $1,500.

Bonus Bets — Key Mechanics

  • • Bonus Bets are issued after the qualifying first wager is settled as a losing bet.
  • • These credits can be used on future eligible wagers inside BetMGM Sportsbook.
  • • Bonus Bets cannot be cashed out directly and are consumed once placed.
  • • If a bonus-funded bet loses, those bonus credits are forfeited.
  • • If a bonus-funded bet wins, only net winnings are paid (not the bonus stake).
Reminder: the First Bet Offer token must be applied within the first 7 days after registration.

Quick Summary

This version is optimized for clarity: top-level limits first, detailed legal text second. It helps users understand the offer before they register.

Responsible Gaming
Eligibility Required
One Offer Per Customer

Core Limits

Promotion:First Bet Offer $1,500

Min Deposit:$10

Token Validity:7 Days

Bonus Expiry:7 Days

Min Odds:-10,000

Terms

Terms & Conditions

DESCRIPTION OF PROMOTION

First Bet Offer $1,500

This promotion is an acquisition offer intended for new BetMGM Sportsbook users. Eligible users may receive a First Bet Offer token that can be applied to one qualifying first wager. If that token-applied wager loses, the user may receive Bonus Bets with a value equal to the losing stake, up to a maximum promotional return of $1,500. Token-applied wagers must satisfy the minimum odds condition and all account, location, and identity requirements set by the operator.

“Bonus Bets” are promotional wagering credits. They are not cash, are not transferable, and cannot be directly withdrawn. When used on an eligible wager, only net winnings are paid out; the original bonus-funded stake is not returned. Bonus Bets typically expire seven (7) days after issuance unless otherwise stated.

PROMOTIONAL PERIOD

This Sports Promotion is available to qualifying customers from 8/28/2025 at 12:00 AM EST through 2/9/2026 at 11:59 PM EST, unless terminated earlier in BetMGM, LLC’s sole discretion (the “Promotional Period”). Accounts opened before or after the Promotional Period will not qualify for the Sports Promotion.

ELIGIBILITY REQUIREMENTS

Participation is limited to new, first-time users who are 21+, physically present in an eligible jurisdiction where BetMGM offers legal online sports wagering, and who are not on any prohibited, suspended, restricted, excluded, or self-excluded list. A qualifying participant must complete account registration, identity checks where required, and a first deposit of at least $10 during the promotional period.

Employees, officers, directors, contractors, affiliates, related entities, and immediate household members connected to the Promoter, its agencies, or technical vendors may be ineligible. Fraud prevention, anti-money laundering controls, geolocation checks, and account verification systems may be applied at any time.

ACTION REQUIRED TO PARTICIPATE

  • Create a new BetMGM Sportsbook account on web or mobile app.
  • Deposit at least ten dollars ($10.00) as the first qualifying deposit.
  • Activate and apply the First Bet Offer token to the first real-money wager (up to $1,500 stake).
  • Settle that wager according to sportsbook grading rules.
  • If the token-applied wager loses, promotional Bonus Bets may be credited.

If the token is not used within its validity window, or if the first qualifying conditions are not met, the participant may lose eligibility.

CLAIMING AND CREDITING BONUS BETS

To claim this offer, all steps must be completed during the promotional period using a single verified account. Only one qualifying first wager can trigger this promotion, and only the first $1,500 of stake is eligible for return as Bonus Bets. If the qualifying first token wager wins, no Bonus Bets are awarded under this offer.

Bonus Bets, when applicable, are generally credited after wager settlement and may be split into one or more credit units. Crediting time may vary due to settlement feeds, market disputes, fraud checks, regulatory controls, or technical review.

Illustrative examples:

Example 1: A $1,000 qualifying first wager loses; user may receive up to $1,000 in Bonus Bets.

Example 2: A $49 qualifying first wager loses; user may receive up to $49 in Bonus Bets.

USING BONUS BETS

To use Bonus Bets, the participant selects an eligible market and applies an available Bonus Bet from the bet slip. Bonus Bet value is consumed upon placement and does not re-credit after the bet is accepted. If the bonus-funded wager wins, only net winnings are credited. If the bonus-funded wager loses, that Bonus Bet is forfeited.

Example: A $10 Bonus Bet placed at -200 odds returns net profit only; the $10 bonus stake is not returned as withdrawable cash.

VOIDS, CASH OUT, EDITS, AND CANCELLATIONS

Promotional eligibility may be removed if the first token wager is canceled, voided, cashed out early, materially edited, or otherwise disqualified under sportsbook rules. BetMGM may cancel, suspend, reclaim, adjust, or deny promotional credits if it detects abuse, bonus manipulation, multiple-account behavior, technical exploitation, syndicate activity, or policy violations.

All decisions regarding grading, bonus qualification, account eligibility, and risk controls remain in BetMGM’s sole discretion where permitted by applicable law.

GENERAL LIMITATIONS

This promotion cannot be combined with certain other sportsbook promotions unless expressly stated by BetMGM. The Promoter may modify, suspend, or discontinue the offer in part or in whole to ensure fair operation, legal compliance, and platform integrity. Additional terms, exclusions, market limitations, bet type restrictions, force majeure provisions, and risk rules may apply.

GAMBLING PROBLEM

Gambling problem? Call 1-800-GAMBLER (Available in the US)
Call 877-8-HOPENY or text HOPENY (467369) (NY)
Call 1-800-327-5050 (MA)

21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). First Bet Offer for new customers only. Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel.

See BetMGM.com for Terms. US promotional offers not available in New York, Nevada, Ontario, or Puerto Rico.

Privacy Policy (daily-bet-brief.com)

1. WHO WE ARE

daily-bet-brief.com is an informational landing website created to explain sportsbook promotional mechanics, including registration, eligibility, and bonus-credit behavior. This site does not process real-money wagers directly. Betting activity occurs only on licensed operator platforms. By using this website, you agree to this policy and related terms.

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We may collect technical and interaction data such as browser type, device characteristics, page views, referral path, session timings, and anonymous identifiers. If you submit registration or contact form details on this page, the entered data (for example: first name, email) may be stored locally in your browser for UI simulation purposes.

We do not intentionally collect sensitive personal information through this landing page. Please do not submit payment data, government ID details, or full legal documents through any non-official channel.

3. HOW WE USE INFORMATION

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9. POLICY CHANGES

We may update this policy to reflect legal, technical, or operational changes. The “last updated” date below indicates the current version effective date. Continued use of the website after updates means acceptance of the revised policy.

Last updated: February 17, 2026.

MGC

Regulatory / License

Massachusetts Gaming Commission

License: SW3-102 Effective: March 10, 2023

Operation Certificate Summary

The Massachusetts Gaming Commission awarded this operation certificate to BetMGM, LLC (d/b/a BetMGM), associated with MGM Springfield, as a Category 3 licensee for the operation of sports wagering through the mobile application and digital platform approved by the Commission.

The platform is authorized for accepting wagers on sports events and other events authorized by the Commission from persons and individuals physically located within the Commonwealth of Massachusetts.

This certificate is subject to the licensee’s compliance with applicable Massachusetts regulations and laws, and may be revoked, suspended, limited, or otherwise altered by the Commission.

Commissioners

  • Cathy Judd-Stein — Chair
  • Bradford R. Hill — Commissioner
  • Eileen M. O’Brien — Commissioner
  • Nakisha Skinner — Commissioner
  • Jordan Maynard — Commissioner

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