BetMGM has rolled out a Saturday betting promotion that puts bonus bets at the center of its pitch for fans watching the Thunder-Lakers game and UFC 328.

The offer, according to the source report, uses the bonus code CBSSPORTS and promises up to $1,500 in bonus bets if a first wager loses. The promotion lands squarely in the overlap between major live sports and aggressive sportsbook marketing, where operators compete for attention with headline offers tied to marquee events.

Sportsbooks keep using big-event weekends to turn fan interest into sign-ups, and this latest BetMGM offer follows that familiar playbook.

Reports indicate the promotion applies to new users making a first bet, with the safety net coming in the form of bonus bets rather than cash back. That distinction matters. Bonus bets often carry terms on how winnings return to the bettor, so the headline number grabs attention while the fine print shapes the real value.

Key Facts

  • BetMGM is promoting the bonus code CBSSPORTS.
  • The offer advertises up to $1,500 in bonus bets.
  • The bonus applies if a first bet loses, according to the source report.
  • The promotion is tied to Saturday NBA and UFC betting interest.

The timing makes strategic sense. A high-profile NBA game and a UFC card give bettors multiple entry points, and sportsbooks often package those moments as easy on-ramps for new accounts. The message stays simple: join now, place a first wager, and get another shot if that opening pick fails.

What happens next depends on how many bettors decide the offer outweighs the usual promotional conditions. For readers, the bigger story sits beyond one code or one weekend: sports betting companies continue to lean on event-driven deals to win customers, and that competition shapes how fans engage with the games themselves.