?? BetMGM Casino Free $25 on Registration Bonus Code
The bonus code is the most important part of the sign up process if you want to be able to claim bonus money. Since I do these casino reviews, I have a special code that you can use the get an exclusive bonus. That BetMGM no deposit bonus code is BONUSMGM, and it needs to be inserted during the account creation process. This code will work for anyone who knows it, so make sure you use it during the registration to get your extra bonus.
For me, the process of inserting the bonus code was simple. After inserting the bonus code and clicking “create account”, I received an email verification link to confirm my account. After clicking that link, I was taken back to the login page, where I used my credentials to log into the site, and the BetMGM $25 no deposit bonus was already on my account.
?? What is the BetMGM Bonus?
BetMGM bonus code is BONUSMGM.
At this point, you’ll probably be asking, what is the BetMGM bonus? Here’s a quick summary:
| BetMGM Bonus Code | BONUSMGM |
| No Deposit Bonus | $25 |
| Welcome Bonus | 100% up to $1,000 |
I first played through the no deposit bonus of $25 on the house. I also recommend you play through your no deposit first, because if you don’t you risk losing your $25 as the wagering requirements are combined.
How Does BetMGM No Deposit Bonus Work?
If you are new to casino gambling, let me explain how this bonus works. The no deposit bonus is a reward you get for joining. Therefore, you don’t need to add any money to your account. However, this bonus does come with a 1x wagering requirement, which means that you must play $25 before you can withdraw your money. However, if you play wisely, you should be left with enough money to withdraw (BetMGM has $20 minimum withdrawal limit). This bonus is also a nice way to claim the legendary bonus: $200 No Deposit Bonus 200 Free Spins Real Money.
How Does the Welcome Bonus Work?
The 100% up to $1,000 casino welcome bonus on the other hand requires you to make a deposit. If you deposit anything between $10 and $1,000, you will get your money doubled. This bonus money will then have 15x wagering requirement, before you can withdraw it. This means that you need to play 15x your initial deposit + bonus money before you can activate a withdrawal. That’s exactly why I recommend you play your no deposit bonus first, so it doesn’t get mixed up with the matched bonus wagering requirements.
?? Creating An Account
First, I headed over to BetMGM.com. I went through their NJ homepage at nj.betmgm.com, but the easiest way you can do it is just to click the “claim bonus now” button on this site, which will take you to your correct state. To get started, you need to have a few things with you.
Initially, I was impressed by the clean look of the homepage with the black and gold theme. The process of starting the account creation was really simple too, I just clicked on the red “Sign Up Now” button on the middle of the page (although you can find it on the top right corner too).
The BetMGM login page with brand ambassador Vanessa Hudgens
What Do you Need for The Sign up Process?
Since I’ve played at multiple online casinos, I knew what to expect. However, if you’re new to the online casino space, here’s the information BetMGM is going to ask you when you register a new account:
- First Name
- Surname
- Date of Birth
- Address
- Phone Number
- Email Address
- Last Four Digits of Your SSN*
- Password
- Bonus Code**
*This is not a scam. According to law, they’re required to verify your identity to ensure that you are of the legal gambling age in your state. To understand how they do this, see KYC and Account Verification.
**I’ve talked about bonus codes in detail earlier, but if you’re just looking for the code, it’s BONUSMGM.
?? How Much Did I Win With BetMGM Bonus Code?
Let’s first state the obvious. Gambling is not a way to make money, no-one can guarantee that you will win anything, and casino bonuses are mostly just a way to extend the amount you can play before casino eventually wins. However, here is my own experience at BetMGM casino.
No Deposit Bonus Winnigs = $0.00
That’s right. With the no deposit bonus I didn’t manage to cash out any money. It’s not absolutely true to say that I didn’t win anything. After spinning the $25 on slots, I was still left with $17. However, since BetMGM minimum withdrawal is $20, I decided to try to double the $17 on blackjack where I lost it in two hands. Therefore, my total cashout was $0.00.
Deposit Match Bonus Winnigs = $362
With the deposit match bonus, I got more lucky. I chose to play high RTP slot machines (slot machines that have good return to player) to maximize my potential winnings. I started with depositing $1,000 and since I’d used the BetMGM bonus code BONUSMGM during the sign up process, I got my deposit doubled to $2,000 in playing money.
Playing slots was a wild ride, where I was at some point only down to $200 and at most up to $3,500. However, since the wagering requirement is quite high, some wild rides are to be expected. Ultimately, after I had wagered my bonus + deposit 15 times (for a total of a whopping $30,000) I was left with $1,362. This means my net positive was $362 which I left on my casino account after I withdrew my original $1,000 deposit.
A nice win on the White Rabbit Megaways slot at BetMGM
?? What Slots Did I Play?
First of all, the reason I played real money slots is because they contribute 100% to the wagering requirements. Other casino games like blackjack, roulette, and craps that have lower house edge only contribute 10% or 20% to wagering requirements, which would increase the time spent on wagering exponentially.
The second thing I did was to play with $5 which is the maximum stake for many bonus games. Because I needed to wager through $30,000, I knew that without maximum stake, it would take a long time (even now it took 6 days of playing on and off). However, if you deposit less money or just don’t enjoy as much risk, you should use a lower stake. There’s still ample time (30 days) to complete the wagering requirements.
Moving on, here are the slots I played and how I did on them:
- MGM Grand Millions ?: I started with this BetMGM exclusive hoping to hit the jackpot, but quickly stopped as I realized that the return to player is nowhere near to complete the wagering, unless I hit the jackpot*
- Gold Gold Gold Miner’s Way ??: After MGM Grand Millions, I went with another BetMGM exclusive, since normal slots were a bit hard to find. However, I didn’t make much progress and decided to change to some of my favorite slots.
- White Rabbit Megaways ??: White Rabbit Megaways is a high volatility game, which will hit big when it does with a nice 97.72 RTP. It took me down to $200, before I hit the bonus rounds. After that, I went to games with lower volatility to wager my bonus.
- Blood Suckers ??: With 98% RTP, Blood Suckers kept me in the game for quite a bit before I went on a losing streak and decided to change the game. (Btw, if you play this game, make sure you are playing Blood suckers I, not II, since the second version has much lower return).
- Starmania ??: Starmania is probably one of the lowest volatility games out there with a good return to player. Therefore, I kept switching back and forth with Blood Suckers and Starmania to wager through the rest of my bonus.
*When you are looking at RTP of games, remember that the jackpot is calculated into the return! Therefore, jackpot games usually have a way lower standard return to player and much higher volatility than base games!
This is how the BetMGM casino lobby looks like. Don’t get fooled by the jackpot games though.
?? My Thoughts
I did end up with a profit of $362. However, it’s a little bit less than I would have liked. The calculated value of the BetMGM deposit match bonus is $400 (with a $1,000 deposit) if you play slots with 98% return (like Blood Suckers). However, I did waste some money on the exclusive slots.
In general, the process of getting the bonus was easy, and the matched bonus has 40% calculated expected value, as long as you play it wisely. However, with the user interface, it’s easy to get lost in BetMGM’s selection of exclusive slots, which aren’t really worth it if you’re trying to wager through the bonus money.
Recommendation: ????
? 3 Tips to Get the Most Out of The BetMGM Bonus Code
If you’re unsure about how to play with the BetMGM bonus code, follow these tips:
- Play Slots with RTP of at least 97%: 97% games have expected value of $100. Therefore, if you play with games that have a lower return, you’re expected to lose money. Even better, you should play with 98% slots which increase the EV to $400.
- Avoid Jackpot Slots: While jackpot slots are tempting, unless you hit the jackpot, the value is just not there. So avoid doing the mistake I did!
- Choose Low Volatility When Winning: If you’re up, switch to a low volatility game. A high volatility game will drain your bankroll really really fast.
