BetMGM NFL Promo Code FORBES: Up To $1,500 Bonus Bet – December 2024

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Football fans and bettors everywhere can rejoice, because football season is finally here.

With the NFL back in full swing, there will be plenty of betting opportunities available over the next few months at our favorite NFL betting sites, many of which will be running special NFL promos all season.

That includes BetMGM, which is running a special NFL bonus this fall.

BetMGM NFL Promo

At BetMGM Sportsbook, you can get up to $1,500 in bonus bets if your first wager loses after you sign up and deposit at least $10.

If your first wager wins, you will not receive any bonus bets but will receive your winnings in cash.

Make sure to use the promo code FORBES when signing up. Bonus bets are valid for seven days.

If you’re in NJ, PA, MI or WV, you’ll get $100 in bonus bets and $150 in casino site credit when you wager $10+ on sports (win or lose).

CategoryDescription
OfferGet up to $1,500 in bonus bets if your first wager loses
Promo CodeFORBES
RequirementsNew users only, 21+ and in eligible state
Eligible Bet TypesAll bet types
AvailabilityAZ, CO, DC, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, NC, OH, PA, PR, TN, VA, WV, WY
Offer ExpiresFeb. 10, 2025
Apple Store Score4.8/5
Google Play Store Score4.3/5
Date VerifiedDec. 4, 2024
Claim Bonus

How To Get The BetMGM NFL Promo

First, download the BetMGM Sportsbook app through a link or banner on this page.

From there, follow these simple steps:

  • Sign up with your name and other required personal information.
  • Enter the promo code FORBES.
  • Deposit at least $10 into your BetMGM account with an approved payment option, which includes Visa, MasterCard, Discover, American Express, PayPal, Apple Pay, PayNearMe and ACH Transfer.
  • Place a bet on any market on the BetMGM platform.
  • If your first wager loses, you’ll receive the same amount back in bonus bets up to $1,500.
  • If in NJ, PA, MI or WV, you’ll get $100 in bonus bets and $150 in casino site credit for wagering $10+ on sports, win or lose
  • Bonus bets valid for seven days.

BetMGM’s welcome coupon can be used on any betting market, including NFL wagers.

BetMGM Payment Methods

There are several ways you can deposit money into your BetMGM account, all of which are safe, quick and convenient.

BetMGM Deposit Methods

  • Credit/Debit Card
  • Online Banking
  • Apple Pay
  • PayPal
  • ACH eCheck
  • PayNearMe
  • Play+ Prepaid Card
  • Wire Transfer
  • Venmo

BetMGM Withdrawal Methods

  • PayPal
  • Venmo
  • Bank Transfer
  • Wire Transfer
  • Cash at Cage

What To Look For in an NFL Promo

Here are some criteria and terms you should know when considering an NFL promo. Much of this information can be found under a promotion’s terms and conditions.

  • Bonus Type: Most new-user bonuses either give you bonus bets for wagering a small amount or refund your first wager if it loses.
  • Eligibility: Many promotions are only available to new customers who haven’t signed up for that sportsbook before, and there are often age and state requirements as well.
  • Wagering Requirements: To qualify for a promotion, your wager may need to meet specific criteria. It may need to be on a certain game or over a certain odds threshold.
  • Minimum Odds: A qualifying bet may have minimum odds to prevent customers from betting on heavy favorites.
  • Validity Period: The amount of time that a bonus is valid for. Most bonuses are usually valid for seven days, but the time period can vary.
  • Maximum Win/Bonus Cap: Some bonuses have a limit on the amount of money you can win with them to protect sportsbooks from losing too much money.
  • Bet Type Restrictions: Some promotions only allow certain bet types to be eligible for a promotion or prevent you from using your bonus on certain betting markets.

How We Evaluate Betting Promotions

While we don’t have a formal rating for sports betting promotional offers, we only write about consumer-friendly signup offers regarding the following criteria.

  • Size of offer: Sports betting signup bonuses generally range from $100 to $1,500. The size is important, but it depends on the type of the offer. Regardless of size, a sports betting signup offer can give you some cushion for your first betting experience. Remember, these offers are one-time deals.
  • Offer format: Most sportsbooks offer a so-called “bet & get” offer, where if you make a wager, you will receive so-called bonus bets. These wagers are in the form of site credit. Sometimes, your bet must win to claim the site credit. Other sportsbooks will offer a so-called no-sweat bet where you can get a refund in the form of site credit if your first wager loses. Both have their advantages.
  • Time to receive site credit: It’s better if you receive your site credit immediately rather than having to wait 2-3 days. This can be relevant to your betting experience. However, all sportsbooks issue site credit in a timely manner.
  • Odds requirement: It’s always better if the promotion doesn’t stipulate a minimum or maximum odds for your qualifying wager.

Some sportsbook signup offers are slightly better than others, but you can claim one new user offer at each sportsbook. You should claim each site’s offer if you want to try out multiple sports betting sites.

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