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Home Lifestyle • Travel

BetMGM bonus code TRIB1600 unlocks 20% deposit match up $1.6K or TRIBUNENEWS for $1.5K insurance in 20 states

by Edinburg Post Report
July 27, 2024
in Lifestyle • Travel
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Commercial Content. 21+. Action Network is the official betting partner of the Chicago Tribune.

BetMGM, one of the biggest sports betting apps in the country, has two widely available offers for new players across the country. Use either the BetMGM bonus code TRIB1600 for a 20% deposit match capped at $1.6K or sign up with the BetMGM bonus code TRIBUNENEWS  for a $1.5K bet insurance offer.

Both promotions are available in 20 states (AZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY).

Activate the deposit match with the link here. Get started with the bet insurance offer here. You can also use one of the modules below to claim either.

20% Deposit Match  — up to $1.6K

$1.5K First Bet Insurance

 

With the deposit match offer, you’ll get 20 percent of whatever you deposit in cash credited to your account as sports bonuses. From there, you’ll have to meet a 10x wager requirement to maintain your eligibility. So if you deposit $200 in cash, you’ll get $40 in sports bonuses credited to your account. Moving forward, you’d have 30 days to wager $400 in cash.

On the other hand, the bet insurance offer has a $1,500 cap and thus you’ll get the value of your first wager back as bonus bets if you lose. A losing wager of $320 in cash will get you $320 in bonus bets.

Important terms and conditions

  • New customers only
  • 21+ only
  • Residency not required, must be present in legal BetMGM state
  • $10 cash deposit required for account registration
  • Sports bonuses or bonus bets credited to your account within 72 hours and are valid for seven days
  • 10x play-through requirement for deposit match

Sign up with BetMGM

  1. Access BetMGM with either of the modules above or the hyperlinks and bonus codes
  2. Input TRIB1600 or TRIBUNENEWS based on which promotion you’re claiming
  3. Finalize your account with relevant personal details (home address, birthdate etc.)
  4. Make a $10 cash deposit to register your account
  5. Place your first wager (must be in cash for bet insurance offer)

How to use the BetMGM bonus code offers

Given that each of these offers has distinct formats, each of the promotions has an ideal market. We’ll go over some of the best potential wagers for each offer in the subsections below.

20% Deposit Match 

With this promotion, you’ll need to meet a 10x wager requirement. Thus, you can make a hefty wager up front to meet that threshold or chip away at it over the 30 days.

If you deposit $320 in cash, you’ll get $64 in sports bonuses credited to your account. From there, you’ll need to wager $640 in cash over the following 30 days. Say you bet $100 on the hypothetical Blue Jays moneyline of +120.

With a win, you’d get $120 in profit, plus you’d keep the $100 cash stake. Moving forward, you’d have to wager $540 to meet the 10x requirement.

$1.5K First Bet Insurance

The structure of this offer lends itself to a cash wager on an underdog market. With a win, you’ll get a nice profit and if your bet loses, you’ll get the value of your first cash wager back as bonus bets.

Say, for example, that you placed a $220 cash wager on the Rockies moneyline (+101) against the Giants (-105). With a win, you’d get $222.20 in profit and keep your original cash stake. If that wager settled as a loss, you’d initially forfeit the cash stake but would get $220 as bonus bets credited to your account.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.

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