Ohio State and Texas will meet for the third year in a row in a marquee matchup the whole nation will be watching. Football fans can add to the action by registering with today’s BetMGM bonus code MLIVE. New users can wager $10 on the game and earn a $150 bonus if they win.
BetMGM bonus code MLIVE at a glance
🎁 BetMGM bonus code MLIVE💰 BetMGM new-user promoBet $10, get a $150 bonus if you win✍️ Terms and conditions— New customers only.
— Must be 21+ and physically located in a participating state where BetMGM is licensed.
— A minimum $10 deposit is typically required.
— The promotion applies only to the first qualifying wager placed after registration.
— The $150 is awarded only if the qualifying first wager wins
— Bonus bets are non-withdrawable and cannot be cashed out directly.
— If your qualifying first bet loses, you receive bonus bets equal to the stake, up to the promotional maximum.
— Bonus bets generally expire within 7 days of being issued if not used.✅ Last verifiedSept. 12, 2026
How to claim a $150 bonus with the BetMGM bonus code MLIVE
- Use any link or banner on this page to visit the BetMGM Sportsbook website or download the BetMGM app on iOS or Android.
- Select “Sign Up” and create a new account using your legal name, address, email address, phone number, date of birth, and the last four digits of your Social Security Number.
- Enter the bonus code MLIVE during registration.
- Verify your identity and confirm the required account information.
- Make a qualifying deposit, which is typically at least $10 for new-user offers.
- Place a qualifying wager using the terms of the welcome promotion available in your state.
How the BetMGM bonus code works
New BetMGM customers can claim the Bet $10, Get $150 welcome offer by registering an account, depositing at least $10 and placing a qualifying wager of $10 or more. To qualify, the bet must be placed using the promotional token and meet the minimum odds requirement of -10,000. If the qualifying bet wins, BetMGM awards $150 in bonus bets in addition to the wager’s winnings. Bonus bets are not withdrawable as cash and generally expire after seven days if unused.
How the BetMGM $1,500 first-bet bonus works
New BetMGM Sportsbook customers can receive up to $1,500 in bonus bets if their first qualifying wager loses. To be eligible, the bet must be placed using a First Bet Offer Token and have odds of at least -10,000.
If the qualifying bet loses, BetMGM refunds the stake in bonus bets up to $1,500. Bets less than $50 are refunded as one bonus bet, while bets of $50 or more are refunded as five bonus bets worth 20% of the original stake each.
The First Bet Offer Token expires after seven days. You must use bonus bets within seven days. Bonus bets are non-withdrawable and have no cash value. Limit one offer per customer.
Reasons to consider the BetMGM new-user promo
As one of the best Michigan sportsbook promos, the BetMGM welcome offer provides value for new customers, but it’s also important to understand the restrictions before signing up.
On the positive side, eligible new users in most states can receive up to $1,500 in bonus bets if their first qualifying wager loses, creating a safety net on their initial bet. The promotion requires a minimum deposit of $10, and you can make wagers on a wide range of sports and betting markets. Users also gain access to the BetMGM Sportsbook app and future sportsbook promotions.
However, there are several limitations. Bonus bets are not withdrawable as cash and must be used within seven days of issuance. The First Bet Offer Token also expires after seven days, and qualifying wagers must meet the promotion’s minimum-odds requirement. Additionally, the $1,500 offer only awards bonus bets when the qualifying first wager loses. Existing customers are not eligible, and all offers are subject to state-specific eligibility requirements.
Bottom line: The BetMGM new-user promo offers valuable first-bet protection and a low barrier to entry, but bettors should know that bonus bets expire quickly, cannot be withdrawn, and are subject to promotional terms and eligibility restrictions.
Best BetMGM existing-user promos
1. Odds Boosts
Odds boosts are among BetMGM’s most popular recurring promotions. These offers increase the payout on selected wagers, often focusing on NFL, college football, MLB, NBA, or same-game parlays.
2. No Sweat Parlays
BetMGM frequently offers No Sweat Parlay promotions, which can return a bettor’s stake as bonus bets if a qualifying parlay loses. Availability varies by account and event.
3. Refer-a-Friend
Existing customers can earn rewards for referring new users who sign up and meet the promotion’s requirements. BetMGM currently advertises rewards of up to $100 for successful referrals.
4. Early Payout Promotions
BetMGM periodically runs early-win promotions, such as soccer’s “2-Up Early Payout,” where a moneyline wager may be graded as a winner if a team reaches a specified lead before the match ends.
5. BetDefense Injury Protection
During football season, BetMGM has promoted BetDefense, which protects qualifying wagers if a selected player is injured during the first quarter.
6. Free-to-play contests and pick’em games
BetMGM regularly offers free-to-play games and contests where customers can compete for bonus bets and prizes without risking their own bankroll. These include football pick’em contests and other seasonal promotions.
Comparing the BetMGM promo to other sportsbook bonuses
BetMGM is far from your only sportsbook option. Check out these sports betting promos from other brands.
SportsbookBonusHow to claimDraftKings SportsbookBet $5, get $200 in bonusesClick promo linkFanDuel SportsbookBet $5 every day for seven days, receive $350 in bonus betsClick promo linkFanatics SportsbookBet $20, get $350 in FanCashClick promo linkbet365 SportsbookBet $10, get $365 in bonus betsClick promo linkBetMGM SportsbookBet $10, get $150 in bonuses if you win; or claim a $1,500 first-bet bonusClick promo link
MORE FROM OUR SPORTS BETTING EXPERTS
If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.
