The BetMGM bonus code ROTOBRP1500 is the highest-valued welcome offer among all legal sportsbooks, giving new users the chance to claim up to $1,500 in bonus bets if their first bet loses.

PLUS, the latest BetMGM sign up bonus also includes $50 in BetMGM Rewards points, just for signing up!

That's right. You're covered on your first wager up to $1,500, and you get reward points before you even place a bet. It's one of the more unique sportsbook promos out there because it combines downside protection with instant perks. Let's get into the finer details of BetMGM Sportsbook and its welcome offer here.

The BetMGM bonus code allows new users to claim up to $1,500 in bonus bets PLUS $50 BetMGM Rewards Points if your first bet loses with bonus code ROTOBRP1500. Alternately, those in Michigan, New Jersey, Pennsylvania and West Virginia can earn $150 in bonus bets by placing and winning a $10 first bet with bonus code ROTOSPORTS.

The BetMGM Bonus Code is ROTOBRP1500. This claims the $1,500 first bet offer from BetMGM when you use ROTOBRP1500 at sign up.

Alternately, if you're in Michigan, New Jersey, Pennsylvania or West Virginia, you can claim the Bet $10, Get $150 in Bonus Bets With a Win sign up offer with BetMGM Bonus Code ROTOSPORTS.

You must be a new user of legal sports betting age in a state where BetMGM operates in order to be eligible for this welcome offer. The BetMGM $1,500 promotion will reimburse your first bet up to $1,500 in bonus bets if that bet loses. If your first bet is less than $50 and loses, you'll receive a single bonus bet equal to your stake, plus you'll receive $50 in BetMGM Rewards Points. If your first bet is $50 or more, you'll receive that amount split into five separate bonus bets. Those bonus bets cannot be withdrawn, and they must be used within seven (7) days of issuance or they will expire.

The $150 offer is much simpler; just place a first bet of $10 and if that bet wins, you'll receive $150 in bonus bets, no matter the odds.

Welcome offers from most sports betting apps either give you bonus bets OR reward points. The BetMGM bonus code ROTOBRP1500 does both. The $1,500 first bet offer is among the highest in the industry, and splitting refunds into five bonus bets gives you more shots to win it back instead of one all-or-nothing wager.

When you're sizing up the top betting sites on the market, BetMGM consistently lands near the top—and for good reason. BetMGM brings the combined muscle of MGM Resorts and Entain to the table, creating a sportsbook with a great user experience.