Sunday NFL Week 5 action is here, and the latest BetMGM promo code brings two separate fantastic ways to cash in. New players in Illinois, Kansas, and Louisiana can bet $10 on any game to win $200 through a no-brainer TD bonus, while all players can score a $1,000 risk-free first bet.
New customers can use our exclusive BetMGM promo code to unlock a $1,000 risk-free bet. Use the links within this post to register and place a fully-insured wager on Sunday’s NFL action and more.
BetMGM, otherwise known as “The King of Sportsbooks,” has brought back its first-bet insurance for Week 5. The timing couldn’t be better, as Sunday’s schedule features plenty of toss-up games that may return some lost wagers. Luckily, any initial bet worth up to $1,000 is now covered, courtesy of BetMGM Sportsbook.
BetMGM promo code responsible for risk-free $1k bet
This shouldn’t be breaking news, but no one is perfect. Even the experts will miss bets from time to time, especially during wild NFL Sundays. But the difference between experts and new BetMGM customers is that the latter get a do-over if a wager falls flat.
Those who register today can place any bet up to $1,000 on NFL Week 5 or another eligible market. This BetMGM promo code will pay out the total amount in free bets if the stake settles as a loss. Meanwhile, a win still returns every dollar of cash profit.
If your initial stake is a minimum of $50, BetMGM divides your losing bet five ways. So in the case of a lost $1,000 wager, you’d earn five $200 bets. We believe having multiple bets at your disposal lowers the pressure and allows you to seek numerous options across various betting markets.
Enabling our BetMGM promo code
Now that you’re familiar with BetMGM’s exciting welcome offer, it’s time to take action. With Week 5 already underway, take a second to lock in your risk-free bet with these instructions:
- Click here to trigger our BetMGM promo code automatically.
- Select your location and complete registration.
- Deposit at least $10 cash into your new sportsbook account.
- Bet up to $1,000 on the NFL or another betting market with your first wager.
- Get five free bets totaling your initial stake after a loss.
Most BetMGM states can apply our BetMGM bonus code during registration. Some eligible locations include New Jersey, Pennsylvania, Tennessee, and Michigan.
One-Game Parlay insurance special
With an intriguing Sunday slate, many new customers will have the urge to build a One-Game Parlay on BetMGM. While we fully support it, we don’t recommend placing the bet until you opt into the site’s One-Game Parlay Insurance.
After a quick opt-in, string together four or more bets from the same game. If all but one of your 4+ legs loses, BetMGM will reward up to $25 in free bets.
One strategy involves building a four-leg parlay with three of your more confident picks and one wild card. Doing this increases your payout potential, though if the flier loses, you’re essentially getting your eligible wager back in site credit.