BetMGM Sportsbook Illinois 2023 Promos, Review

betmgm bonus code

BetMGM Sportsbook Illinois, one of the leaders in the mobile sports betting industry, officially launched in Illinois on March 5, 2022.

Currently, BetMGM is offered in 22 states, and is one of the most popular sports betting sites in the United States. It’s third in market share nationally behind DraftKings and FanDuel.

Online sports betting was actually approved in Illinois much earlier than BetMGM launched. It was approved and signed into law in 2019 with the first legal sports bet placed in June 2020.

Its online registration went in fits and starts, because bettors were originally supposed to sign up in person only for the first 18 months until COVID wrecked that.

BetMGM Bonus Code Offer

BetMGM Sportsbook offers a first deposit match bonus where new customers are funded with sports bonus matching the sum of their first deposit. The BetMGM sports bonus is funds to use within the sportsbook on any market or odds you prefer. There is a 10x rollover requirement on the sports bonus, and the match works as a 20% deposit match.

Let’s review BetMGM’s current promotion, other promotions available for Illinois residents, and everything to know before placing a wager with BetMGM Sportsbook.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

How to Sign-up for the BetMGM Deposit Match

It only takes a few steps to take advantage of the BetMGM’s welcome offer.

StepsBetMGM Exclusive Deposit Match
✅ Step #1First, click this link
✅ Step #2Create a new account by selecting the register button and using bonus code BN1600
✅ Step #3Get your first deposit matched up to $1,600!

Note: Illinois bettors are able to earn up to a maximum $1,500 in sports bonus from BetMGM.

BetMGM Sportsbook Illinois Review: 4.25/5

Bonuses & Promos: 4.5/5

Bonuses and promos at BetMGM are a tale of two types – they’re great for new users, but not so great for existing users.

BetMGM Sportsbook offers a first deposit match bonus where new customers are funded with a sports bonus matching the sum of their first deposit at a 20% rate. It’s one of the highest-value offers in the U.S. right now. 

BetMGM also sometimes offers easier “bet gets” – that means you just have to wager a small amount like $10, and you’ll get $200 in bonus bets. This offer isn’t available in all BetMGM states.

Second, the existing user promos are .. not great. BetMGM lags way behind FanDuel, DraftKings, Caesars and Barstool in this department.

Their boosts are rarely strong, and there aren’t many profit boosts or no-sweat same game parlays to speak of.

Betting App & Features: 4/5

BetMGM’s tech is a bit behind DK and FanDuel, which is probably why it remains third in market share in Illinois and most other states despite huge investment from BetMGM.

User Interface

BetMGM’s layout isn’t terrible, but it lags behind DraftKings especially. It can be hard to find niche markets in sports like golf, tennis and auto racing, because they’re not organized very cleanly. 

Like many sportsbooks, the original user experience was designed conceptually for desktop sites many years ago, not mobile phones, where almost all betting happens today.

Stability & Functionality

BetMGM’s app is stable, but it’s a bit slow. It doesn’t have the modern-tech, sleek feel of DraftKings or FanDuel, but it’s not bad.

Odds & Variety: 4.25/5

As avid bettors, we enjoy BetMGM because they don’t always blindly copy the market. Most sportsbooks just move their odds when other books move to avoid being outliers. BetMGM doesn’t seem to do that as much. 

That means you can often find the best price on something at BetMGM, making it a sportsbook definitely worth having.

Odds

Other than being an outlier so you can find the best prices, BetMGM has the best pricing of any sportsbook on first touchdown scorers. One of the most popular prop markets is deserving of mention here.

Sports

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football
  • Golf
  • Ice Hockey
  • Lacrosse
  • MMA
  • Motorsports
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball

Registration, Deposit, & Cashout: 4/5

BetMGM’s “cashier” section is a bit buggy, and will sometimes reject your deposit. It also forces you to re-enter your bank account info every time you want to deposit, unlike FanDuel and bet365, which are able to keep it connected and deposit easily.

Withdrawing is simple, though, as you can send money right back to your bank account.

Where is BetMGM available?

Currently, all BetMGM location, besides D.C., Kentucky, Nevada and New York, are eligible for this deposit match. Typically, D.C., Nevada and New York are excluded from most BetMGM introductory promotions.

Terms and Conditions of the BetMGM bonus code offer

Like many welcome offers, the BetMGM offer requires your first bet to lose to earn bonus bets. New customers in all locations, besides D.C. and New York, can use bonus code BN1500 to up to the maximum $1,500 in bonus bets.

New customers can get started with a new account and a minimum $10 deposit to earn the same amount (maximum $1,500) in sports bonus. This offer is a 20% deposit match that carries a 10x wagering requirement. Your sports bonus will instantly deposit into your account and must be used within seven days of receipt.

BetMGM sports bonus can be used as funds by selecting them on your betslip. If you make a wager with sports bonus, the stake is returned to BetMGM but you keep the cash winnings.

Other BetMGM promos

As we mentioned, BetMGM doesn’t have a ton in the way of existing-user promotions.

  • 3-Ball Challenge
  • Refer a Friend

Illinois Sports Teams

Chicago Cubs

The Chicago Cubs have played at historic Wrigley Field for over 100 years as the most popular baseball team in Chicago. The Cubs play in the NL Central with their fiercest rival being the St. Louis Cardinals.

The Chicago Cubs finally overcame their curse and won the World Series in 2016, their first since 1908. They were able to defeat the Cleveland Guardians (then Indians) in seven games.

This season, the Cubs are third in the NL Central behind the Cincinnati Reds and the Milwaukee Brewers. Hovering around .500, the Cubs have plenty of time left in the season to make a push towards a division title. You can find Cubs games available for wager on BetMGM.

Chicago White Sox

The Chicago White Sox have an equally long and tumultuous history in the MLB. The White Sox are famous for the historic cheating scandal in 1919 where they were accused of throwing the World Series for a payout. This led to the longstanding ban on American sports betting.

The White Sox have three championships in their history with the most recent being in 2005. Currently, they are in a rebuilding year as they are near the bottom of the AL Central. However, avid fans can always find White Sox markets on BetMGM Sportsbook.

Chicago Bears

The Bears are in make-or-break territory with Justin Fields at quarterback. He enters his third season off a promising sophomore campaign, but it’s no sure thing he develops into an elite quarterback.

Chicago Bulls

The Bulls are one of the most historic franchises in the NBA with an all-time championship run in the 1990s with Michael Jordan. 

Chicago Blackhawks

The Blackhawks are one of the original six teams of the NHL. After a long hiatus from the Stanley Cup, the Blackhawks went on an incredible run, winning three Stanley Cups in 2013, 2015 and 2017.

written by

Dan Smullen has been in the world of sports betting for over 10 years as an avid punter. Dan is obsessed with helping the average punter become more successful at sports betting through the assistance of good sports betting data analysis.

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