BetMGM Promo Code: $1,000 First Bet Offer for Canelo Alvarez Fight

May 6, 2023, by Kyle Scott Sports Betting

Canelo Alvarez returns to his birthplace in Mexico for an epic showdown against John Ryder, so don’t miss a chance to score the $1,000 First Bet Offer for the super middleweight fight through our BetMGM promo code links.

Our BetMGM promo code offer unlocks a unique opportunity for new customers to wager on tonight’s Canelo-Ryder fight in Mexico. The $1,000 First Bet Offer lets users wager up to $1,000 on the match and promises to replenish any loss with a full bonus bet refund.

Alvarez, 32, will face the 34-year-old Ryder at Estadio Akron in Guadalajara, Mexico, the town he was born in before eventually earning the title of undisputed super middleweight champion. Canelo will look to defend his belt against the Englishman Ryder, although BetMGM expects the hometown hero to dominate. Alvarez is currently a -1600 moneyline favorite, while Ryder is a steep underdog at +800.

Sign up using our BetMGM promo code links here to claim the $1,000 First Bet Offer for Alvarez-Ryder.

If you’re looking for a way to bet big money on Saturday’s fight without sweating a loss, look no further than BetMGM’s First Bet Offer. New customers in approved states can use the links within this post to lock in a guaranteed return in bonus bets if their opening wager on Canelo-Ryder settles as a loss, even if it’s as much as $1,000.

Bettors have an interesting decision on their hands for the fight. On the one hand, a victory for Alvarez offers minimal upside, as a $1,000 investment currently returns $62.50 in cash winnings. Conversely, $1,000 on Ryder would lead to an $8,000 payday, even though the chances of a $1,000 bonus bet return are far greater. Luckily, the First Bet Offer protects users against any loss and allows them to bet on either fighter confidently.

Whether you’re betting on a fighter to win, the method of victory, or the number of rounds, make sure your opening stake is on the house. Here’s how eligible users can score the $1,000 First Bet Offer for Saturday’s Alvarez-Ryder title fight:

Click here to activate our BetMGM promo code links. There’s no official promo code to enter during registration.
Fill out all required information, including name and email address.
Use an approved banking method for your first cash deposit.
Wager up to $1,000 on the Alvarez-Ryder market after a successful registration.
Receive bonus bets worth your original stake (max. value $1,000) after a loss. A win cancels the First Bet Offer and returns a standard cash payout.

Multiple Betting Options

There was a time when boxing betting was limited to simply picking the winning fighter. But on BetMGM, new and existing users will have dozens of props available for every bout, including the super middleweight championship between Alvarez and Ryder.

For example, a straight-up moneyline wager on Canelo (-1600) is far less lucrative than picking the defending champ’s method of victory. Bettors can get more-favorable -275 odds on Alvarez winning by KO/TKO, a technical decision, or a disqualification. You can also bet on whether either fighter gets knocked down by the opponent and how long the fight will last.

Click here to utilize our BetMGM promo code links for the Canelo-Ryder $1,000 First Bet Offer.

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Filed to: Sports Betting