BetMGM Colorado Promo Code and Bonuses

BetMGM is one of the top sportsbooks in the industry right now for a variety of reasons, chief among them is their outstanding bonus offers and promotions, including their welcome bonus. These promotions provide a ton of value to your sports betting experience, allowing you to build your bankroll far more quicker. Seasoned bettors and novices alike can extract tons of value on BetMGM Sportsbook and this applies to both new and existing users of the platform.

  • BetMGM logo
    8.5/ 10
    Bet Credit up to $1,000

BetMGM Colorado Welcome Bonus

BetMGM is quickly gaining recognition, and they understand the power of welcome bonuses in attracting new customers. Their latest promotion–a refund of up to $1,000 on initial wagers appeals to bettors from all backgrounds. When you register for an account on BetMGM Colorado – once deposit money into it, and lose your opening bet, BetMGM will reimburse every cent of your stake–up to $1000! If you win that first gamble however then this offer isn’t valid anymore; no BetMGM promo code is required either!

Terms and Conditions:

  • An initial deposit of $10 is required
  • If your initial wager fails to win, you will receive a bonus that is dependent on the size of your stake
  • Your bonus bets will be credited to you within twenty-four hours of an unsuccessful qualifying bet settlement
  • Redeem your bonus bets in 7 days or less
  • When you place a bet using bonus bets, the only pay-out that will be given to you is your winnings; not including the stake
  • BetMGM logo
    8.5/ 10
    Bet Credit up to $1,000

Other Promotions on BetMGM Colorado

Same-Game Parlays

On BetMGM Colorado, you can put together same-game parlays which are a type of bet that allows you to put ‘legs’ from the same game into a single parlay wager. There are two different types of promotions that are directly related to same-game parlays, Insurance and Bet & Gets. With the Insurance promotion, BetMGM will offer as much as your entire wager back and as little as a $10 bet credit if your parlay of four or more legs loses by just one leg. With Bet & Gets, if you place a specific type of same-game parlay, you will receive a bet credit bet no matter the outcome of your wager.  

Early Cash Out

BetMGM offers a promotion that is becoming increasingly popular at all major sportsbooks in the form of Early Cash Out. This allows users to cash out of a wager that is ongoing. The odds are reflective of the action and are changing by the second. If a team you bet on are winning by a wide margin, you can cash out early to avoid any late-game heartbreak. In the same way, you can cash out early if your team is down massively in an effort to salvage some portion of your initial stake.

Edit My Bet

While this feature is becoming more available at most major sportsbooks, BetMGM was one of the pioneers with Edit My Bet features. This allows you to decrease your stake amount or change the bet altogether before the game starts. This helps to avoid mistakes that can occur quite easily when placing wagers on the sportsbook.

Refer-a-Friend Bonus

BetMGM Colorado has one of the most generous refer-a-friend bonus programs in the industry, if not the most generous overall. The cap on referrals is 20 people per month, which is certainly a massive total. By using your unique referral link and having your friends both sign up for BetMGM Colorado and make a deposit, you will receive bonus bet credits in return for each instance. Each referral counts as $50 in free funds towards the referrer’s user account.

MGM Rewards

BetMGM Sportsbook has one of the best rewards programs you can find. Formerly known as M Life Rewards, MGM Rewards delivers a ton of player-friendly incentives to utilize its platform. By accumulating points that come as a result of placing bets, you can receive smaller items like free bet credits and larger prizes that are more tangible, such as vacations and free stays at MGM properties around the world.

More FAQs About BetMGM Colorado Promotions

How do I claim the BetMGM Colorado welcome bonus for 2023?

The process to get started on BetMGM Colorado with a welcome bonus offer is quite simple. To claim it, all you need to do is sign up for a new user account with BetMGM Sportsbook. There is no promo code needed to receive the bonus. Once your account verification is completed, you will then be able to get started wagering on BetMGM Sportsbook and take full advantage of the welcome bonus funds available to you.

How do I claim the Refer-a-Friend bonus at BetMGM Colorado?

Everything is done seamlessly by BetMGM Colorado when it comes to the handling of their promotions and bonus offers. This directly applies to claiming the Refer-a-Friend bonus. We have reviewed these bonus types across the industry and have deemed BetMGM as the best around. Simply go to the Promotions tab of the platform and search for the Refer-a-Friend tab. Claim your unique referral code or link and then send it out to friends–up to 20 per month–and receive a $100 bonus fund credit each time they sign up and deposit. 

Are there any wagering requirements for BetMGM’s promotions and bonuses in Colorado?

There are wagering requirements for all of BetMGM’s promotions and bonuses in Colorado, but for the most part, they are not intrusive whatsoever. On most of their top promotions, there is a 1x rollover attached, which is very minimal compared to the rest of the sports betting industry. This is true of most promos, but we strongly advise checking out each promotion’s unique terms and conditions page for a full understanding.