BetMGM Sportsbook is raising the stakes for the NBA Playoffs with a high-value welcome offer that lets new users wager without worry. When you sign up using the BetMGM bonus code CVRBONUS1500, you’ll unlock a $1,500 First Bet Offer—giving you a second shot if your initial wager doesn’t hit. 💸🔥
This is your chance to get in on the playoff action and bet on basketball’s biggest stage with the added cushion of bonus bet protection. Whether you’re betting on totals, spreads, or other markets, this sportsbook promo sets you up for a strong start.
📋 How the BetMGM 'First Bet' offer works for tonight's NBA slate
To activate the promotion, new customers must use the BetMGM bonus code CVRBONUS1500 during registration. Then, make a minimum deposit of $10 and place your first real-money wager on any eligible NBA Playoffs market.
If your initial wager wins, you collect your full cash payout as usual. But if your first bet loses, BetMGM will refund your stake in the form of bonus bets—up to $1,500 in total. 🏀🛡️
Here’s how the bonus payout structure works:
- If your bet is $50 or more, you’ll receive five bonus bets, each worth 20% of your original wager.
- If your bet is less than $50, you’ll receive one bonus bet equal to your stake.
Bonus bets must be used within seven days of issuance. Note that bonus bets are not withdrawable, and winnings do not include the stake from the bonus itself. This offer is not available in DC, NV, or NY but is active in most other states where BetMGM is licensed.
Don’t forget: entering the correct BetMGM bonus code is essential to claim this promotion.
Offer available to first-time customers in the following states: AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR). Not available to residents of Ontario, CA.
🛠️ How to claim our BetMGM bonus code tonight
Here’s how to quickly get started and secure your BetMGM welcome offer during the NBA Playoffs:
- Register: Create a new BetMGM Sportsbook account and enter the bonus code CVRBONUS1500 during the sign-up process.
- Deposit: Add at least $10 to your account using your preferred payment method.
- Place a Bet: Make your first wager on any NBA Playoffs market.
- Win or Get Bonus Bets: If your bet wins, take the profit. If it loses, get up to $1,500 in bonus bets based on the amount wagered.
📲 Want the full breakdown on BetMGM’s platform? Read our comprehensive BetMGM bonus review for insights on features, promotions, and betting tools.
Sportsbook promos comparison
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Current Bonus | $1,500 Bonus Bets Back | Bet $5, Get $150, Win or Lose | Bet $5, Get $200, If Your Bet Wins |
Promo Code | CVRBONUS1500 | None Required | None Required |
Bonus Type | Second Chance Bet | Bet & Get | Bet & Get |
Bonus Amount | One (< $50) or five (> $50) bonus bets | $150 Bonus Bets | $200 Bonus Bets |
Wagering Period | Seven Days | Seven Days | Fourteen Days |
Min. Deposit | $10 | $5 | $5 |
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