First Bet Offer Up to $1,500 in Bonus Bets

How the BetMGM First Bet Offer works

This is an insurance-style welcome bonus; your first wager is essentially refunded as bonus bets if it loses. The size of the refund matches your stake (up to $1,500).

Steps to claim

1. Register at BetMGM Sportsbook from within Arizona using promo code BIA1500 during signup.
2. Deposit at least $10.
3. Place your first real-money wager of $10 to $1,500 on any market at -200 odds or longer.
4. If the bet wins; keep your winnings as cash. The bonus is not triggered.
5. If the bet loses; your stake is returned as bonus bets within 24 hours.

Refund structure

• Bets $50 or below: Refund in a single bonus bet.
• Bets above $50: Refund split into 5 equal bonus bets (20% each).

Important fine print

• Minimum odds: -200. Bets at -300 or shorter do not qualify.
• Bonus bets expire 7 days after issuance.
• First wager only; only your very first bet placed counts.

Strategy notes

The full $1,500 is only practical for bettors comfortable risking that amount upfront. Most AZ users place a $50–$200 first bet to anchor the bonus at a manageable level.