Monday marks the beginning of the College Basketball season with exciting matchups including Arizona vs. Florida and New Hampshire vs. Clemson. New users can take advantage of the BetMGM bonus code CVRBONUS1500 to claim a $1500 First Bet offer for these opening games.
This welcome promotion provides bonus bets back if your first wager loses, making it an ideal way to start the season alongside other sportsbook promos available for Monday's action.
CVRBONUS1500
BetMGM bonus code CVRBONUS1500 delivers $1500 First Bet protection
The BetMGM bonus code CVRBONUS1500 offers new users up to $1500 in bonus bet protection on their first wager. After registering and making a minimum $10 deposit, you can place your initial bet on any College Basketball game, including Monday's featured matchups like Boston University vs. Northeastern or games involving Notre Dame, UNC, and Michigan State. If your first bet loses, BetMGM returns your stake as bonus bets up to $1500.
The bonus bet structure depends on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet equal to your loss. For example, a losing $1000 bet on Arizona vs. Florida would return five $200 bonus bets totaling $1000. All bonus bets expire after seven days and must be used before you can withdraw any potential winnings.
Check if you can use our BetMGM bonus code in your state
| BetMGM Bonus Code | Eligible States |
| CVRBONUS1500 | AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR) |
How to claim your BetMGM welcome offer for College Basketball
Claiming this offer requires using the specific bonus code during registration.
First, click through to BetMGM Sportsbook and create your account using bonus code CVRBONUS1500, providing personal information and identity verification. Next, make your minimum $10 deposit to activate the promotion. Then place your first real money wager on any College Basketball market, such as Monday's season openers featuring teams like Pittsburgh and Boston College. If your bet wins, you keep the winnings immediately, but if it loses, you receive bonus bets equal to your stake up to $1500.
This offer is available to new users in eligible states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming, plus Washington D.C. and Puerto Rico. Read our complete BetMGM bonus review for additional details about terms and conditions.
More sportsbook promos, bonuses, and offers from BetMGM
- Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
- Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.
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