The BetMGM bonus codes NYPNEWS and NYPNEWS1600 unlock two distinct promotions in 18 states. Each offer has a varied structure that we’ll outline in detail below, but the short of if is the former bonus code unlocks a bet insurance offer with a $1,500 cap, while the latter unlocks a 20 percent deposit match with a $1,600 cap.
The deposit match is somewhat unique as it has a 10x wager requirement. So, you’ll need to bet 10 times the amount you wager over the first 30 days to maintain your eligibility. There’s no specific wager requirement for the bet insurance offer but you’ll only be covered up to $1.5K.
Currently, both of these promotions are available to any eligible bettor (21+) in all 18 states where BetMGM operates (AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY).
Notably, none of the offers above are valid in North Carolina but bettors in the Tar Heel State can claim a $150 bet and get promotion with the bonus code NYPNEWS.
NYPNEWS (outside of NC): Get your initial cash stake back, up to $1,500
NYPNEWS1600: Get 20 percent of your cash deposit matched by the sportsbook, up to $1,600.
There are some core principles about both promotions to keep in mind. First and foremost, only new customers are eligible. Even if you’ve signed up in a different state than where you currently reside or if you’re traveling but have signed up in your home state, you won’t be able to claim any new customer promotion.
That said, if you live in a state that doesn’t allow online sports betting but you’re visiting a location that does, you can still sign up and wager. You’ll use your home address to sign up for an account and will be free to wager while you’re in state.
Additionally, both offers require a cash deposit before you can wager and any bonus bets earned from this offer will be valid for seven days from the point of distribution.
20 Percent Deposit Match, up to $1,600: NYPNEWS1600
As it sounds, with this offer you’ll get 20 percent of whatever cash you deposit credited to your account in bonus bets. There’s a $1,600 cap on this promotion so you’d need to put $8000 in cash to reach the max.
In addition to that, there’s a 10x wager requirement. So if you put down $4000 in cash you’d get $800 in sports bonuses credited to your account. From that point, you’ll have 30 days to wager $8,000 in total otherwise you’ll lose your eligibility.
$1.5K First Bet Insurance: NYPNEWS
Bet insurance promotions are very common with American sportsbooks. The premise is simple, if you lose you’ll get your money back as bonus bets, thus ensuring that your first stake is covered and that you keep wagering.
With this promotion, you’ll get up to $1,500 covered. Your first cash wager after signing up will trigger this offer so whatever you put down first is what you’re eligible to get back in bonus bets. You’ll only collect if your cash bet loses.
The NCAA Men’s Tournament is just getting underway and there’s no shortage of games to pick from over the weekend.
13 Yale Bulldogs vs. 4 Auburn Tigers
Yale takes on Auburn in the first round of the East matchup. While Yale put up a good performance throughout the year, they’re severely overmatched with this one.
Auburn has been playing impressive basketball all year and is coming into the tournament on a roll. The 12.5-point spread seems wide but is about accurate based on these two teams. Don’t get too analytical here. If you’re inclined for a small wager, put it on the Tigers moneyline.
Otherwise, look for this one to go under the expected 140.5 total. Auburn’s defense has been solid all year, and Yale won’t present too big of an issue for them.
- Click on one of the modules above to get started
- Input the relevant bonus code (NYPNEWS or NYPNEWS1600) to claim one of the welcome promotions
- Review the terms and conditions of your selected promotion
- Make a cash deposit to register your account
- Place a cash wager to trigger one of the promotions