Today is a sad day for matched betters and promotional hunters' nationwide, this is because BetMGM appears to be no longer giving out the $500 deposit match email to new customers.
For those of you who do not know, Betmgm would offer a $500 deposit match to new users who would create an account, but not deposit for a few days. So matched bettors would open an account, wait a few days until the offer came in, then deposit $500 to claim the offer.
This offer was great and worked like a charm for long time, making a lot of people a lot of money, me included. This offer was so great for a few reasons. One was reason was the fact the fact that the offer could be stacked (combined) with the $1000 risk free bet. This meant that you could make around $1000 profit off mgm's sign up bonus alone!
Another reason it was so great was because you would receive the match every time you created an account in a new state. This meant that anytime you visited a state that mgm was located in, you could receive the match and make money off the offer!
This offer has been given out to new mgm users for as long as I can remember, so it is a shocker to see it no longer being sent around. It is unclear whether mgm will return with this offer closer to football season when betting numbers spike way up, or if this is the new norm.
Thankfully mgm is still offering their normal $1000 risk free first bet, so there is still quite a bit of value in mgm sign ups. The $1000 risk free bet is worth about $500 in value if hedged correctly, and can be replicated across other states.
What this means is that a user can get the welcome bonus ($1000 risk free bet) each time they make an account in a new state. This is great for people who travel a lot for work, are heading on vacation, or live near a state border. To learn more about double dipping new user offers click here.
I personally have dipped mgm in over 10 states, and have used their welcome bonus to pay for vacations when I travel to a state that hosts the BetMGM sportsbook. This can be a great way to take a vacation for free, or even make it into a net positive cash experience.
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Although MGM has gotten rid of their $500 deposit match offer, there is still alot to be grateful for with their book. Some of these are great reload offers, healthy casino deposit matches and the ability to still double dip.
While a great offer is gone, there are still plenty more out there that can make you alot of money!
