BetMGM is offering $1,500 [1] in bonus bets to new users who use the promo code CBSSPORTS for MLB betting this Friday.
This promotion targets high-value acquisitions in the competitive sports betting market by offering a significant financial safety net for first-time wagers. By reducing the risk of an initial loss, the platform aims to increase registration rates during high-profile Major League Baseball matchups.
The offer specifically applies to the game between the Los Angeles Dodgers and the Boston Red Sox [1]. If a bettor's first wager on this Friday matchup loses, the platform will provide the $1,500 [1, 2] bonus in the form of bets.
While the CBSSPORTS code is highlighted for the Dodgers-Red Sox game, other promotional codes are circulating for different matchups. Some reports indicate the bonus applies to a Padres-Giants game [2], while other codes like TOP1500 or WTOP1500 are being used for games involving the Cubs and Dodgers [5, 6].
BetMGM has also deployed alternative welcome offers. Some users may find a $150 [3] bonus available with a minimum deposit of $10 [4]. These varying tiers allow the company to target different levels of bettor risk and capital.
Availability for these offers varies by region. The promotions are currently available in Michigan, New Jersey, Pennsylvania, and West Virginia [5].
Users must register and apply the specific code during the sign-up process to qualify for the safety-net bonus. The company said the offer is designed to encourage new registrations as the MLB season progresses.
“BetMGM is offering $1,500 in bonus bets to new users who use the promo code CBSSPORTS”
The use of high-value 'safety-net' bonuses like the $1,500 offer reflects an aggressive customer acquisition strategy in the U.S. gambling market. By tying these bonuses to specific high-profile MLB games and restricting them to certain states, BetMGM is utilizing targeted marketing to capture users during peak viewership windows while navigating state-by-state regulatory landscapes.
