BetMGM Bonus Code Unlocks $1,500 First Bet on the House for CFB, Any Sport

BetMGM bonus code VIBONUS unlocks a $1,500 first bet on the house, meaning if your first wager on the platform loses, you'll be refunded in bonus bets equal to whatever you lost.

While you're not getting $1,500 just for signing up, this is one of the highest-value offers in sports betting in the U.S. right now.

Updated on 05/28/2024
Bonus Code VIBONUS1600 Claim Now

BetMGM Kentucky is offering $100 in bonus bets with no deposit required. Online sports betting launches on Sept. 28, in time for Packers-Lions on Thursday Night Football in NFL Week 4.

We'll dive into more of the specifics of these offers and how they work below.

BetMGM Bonus CodeVIBONUS
BetMGM Offer$1.5K First Bet on the House
Terms & Conditions21+, Terms and Conditions Apply. Gambling problem? Call or text 1-800-GAMBLER

How the First Bet on the House Works

So how does the first bet on the house work? It's like insurance, but you'll be refunded in bonus bets, not cash.

Say you want to bet Florida moneyline against Utah on Thursday night in college football Week 1. You place a $100 bet on the Gators as your first bet on the platform.

  • If Florida wins, you profit $160 in cash, and keep your $100 wager. So you'll now have $260 in your account that can be bet or withdrawn, and the promo is effectively over.
  • If Florida loses, you'll get $100 back in bonus bets.

How the First Bet on the House Works

Alright, let's say Florida loses and you get your $100 in bonus bets back.

A bonus bet is like a credit in which you keep any profits from the bet, but not the bonus bet itself. Here's another example from Saturday's college football slate.

You bet $20 in bonus bets (BetMGM should split up your "refund" into five bonus bets, and they can't be split down any further from that) on Houston +110 against UTSA.

  • If Houston wins, you'll profit $22 in cash but you don't keep the bonus itself. So you'll now have $22 cash in your account, and $80 in bonus bets remaining.
  • If Houston loses, the bonus bets just go away and you'll have $80 in bonus bets remaining.

Signing Up at BetMGM

Signing up at BetMGM should take just a few minutes.

  • Use this link, or head to betmgm.com.
  • Complete the sign-up flow with all your real information. If you try to use a fake address, or the address of the AirBNB you're staying at this weekend, BetMGM can't verify your identity and you won't be able to deposit. It's perfectly legal to bet from a different state than you live, as long as you're physically located in that state.
  • Enter bonus code VIBONUS (or for Friday, VIBONUSMLB) to claim the new-user offer.
  • Make your first bet

That's it! You must be 21 years old and like I said, physically located in a BetMGM state. You do not have to live there.

If you're traveling to a new state, you do need to sign up for a new BetMGM account, even if you're already opened another one where you live.

BetMGM offers by state

BetMGM operates its online sportsbook in 20 states (including Washington D.C.), though the Nevada product is different than the rest of the country.

In New York, Kansas, D.C. and Nevada, there are no new-user offers available.

  • Arizona
  • Colorado
  • Indiana
  • Iowa
  • Illinois
  • Kansas
  • Louisiana
  • Massachusetts
  • Maryland
  • Michigan
  • New Jersey
  • Nevada (no offers)
  • New York (no offers)
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • Washington D.C. (no offers)
  • West Virginia
  • Wyoming