BetMGM Offers Bonus Bets for Monday Games

BetMGM is using Monday’s NBA and MLB schedule to spotlight a new-user promotion built around a simple pitch: place a first bet, and if it loses, the sportsbook says it will return value in bonus bets.

The offer centers on promo code CBSSPORTS and advertises up to $1,500 in bonus bets for eligible users. The promotion appears timed to draw attention around games including Knicks-76ers and Spurs-Timberwolves, while also pulling in bettors looking at the broader baseball board. In a crowded sports betting market, operators often use marquee game nights to compete for sign-ups and first deposits.

The promotion ties a high-dollar bonus bets offer to Monday’s NBA and MLB lineup, using headline games to attract new customers.

That structure follows a familiar playbook across the industry. Sportsbooks lean on risk-reduction language to lower the barrier for first-time users, especially when the calendar offers recognizable teams and steady betting volume. Reports indicate the marketing push focuses on ease and upside rather than any one game result, framing the deal as a broad entry point for bettors who want action across multiple sports.

Readers should still pay attention to the fine print. Bonus bets usually come with eligibility rules, time limits, and market restrictions, and they do not always return stake value in the same way as cash wagers. Sources suggest the core appeal here remains straightforward: BetMGM wants new users to engage on a busy Monday, and it is using a large promotional number to get their attention.

What happens next matters beyond one night’s games. As sportsbooks keep battling for customers, promotions like this will remain a central part of the contest, especially when NBA and MLB schedules overlap. For bettors, the real question is not just what the headline offer promises, but how the terms shape the actual value once the games begin.