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The latest BetMGM bonus code will get you up to $1,500 in bonus bets if your first bet loses, perfect to use on Saturday, as Julio Cesar Chavez Jr. will become the next veteran fighter looking to silence the Jake Paul show when Jake Paul vs. Julio Cesar Chavez Jr. takes place from Anaheim, Calif., After defeating Mike Tyson, arguably the greatest boxer of all time, in November with more than 100 million people streaming on Netflix, Paul (11-1, 7 KOs) looks to knock off another former world champion in Chavez (54-6-1, 34 KOs) on Saturday with the fight expected to start around 11 p.m. ET. The latest Paul vs. Chavez odds list Paul as the -550 favorite, with Chavez listed as the +425 underdog on BetMGM.

If you want to learn more about the BetMGM bonus code, other sportsbook promos or boxing betting options on betting sites like BetMGM for the Paul vs. Chavez fight, we've got you covered.

How to claim the BetMGM bonus code

The BetMGM bonus code is a "first bet offer" type of promo. You can bet up to $1,500 on your first bet and get the same amount in bonus bets if you lose.

  1. Those interested can click the CLAIM BONUS button on this page to navigate to BetMGM Sportsbook
  2. After downloading the app, click the SIGN UP button.
  3. Begin creating a BetMGM Sportsbook account. Use promo code CBSSPORTS during sign-up to lock up to $1,500 in bonus bets if your first wager loses.
  4. Allow BetMGM Sportsbook to use your location. You must be physically located in a legal sports betting state to bet. 
  5. Users must deposit $10 or more. 
  6. If the first qualifying bet wins, you get paid in cash. If it loses, you will get the amount you wagered in bonus bets, up to $1,500.

BetMGM offers a very friendly blend of bonuses and promos for returning players, although there is no specific BetMGM bonus code for existing users.

Sportsbook offers

 BetMGM isn't the only top sportsbook with a new-user offer. Here are some other promos from top betting sites.

BrandPromo CBS promo code

DraftKings

Bet $5, get $150 in bonus bets

None required

FanDuel

Bet $5, get $150 in bonus bets if your bet wins

None required

Fanatics

Bet and get up to $1,000 in No Sweat Bets

None required

BetMGM

Up to $1,500 in bonus bets if your first bet loses

CBSSPORTS

Caesars

Bet $1, double your winnings on your next 10 bets

CBSDYW

bet365

Bet $5, get $150 in bonus bets win or lose

CBSBET365

The FanDuel promo code and bet365 bonus code are similar to the DraftKings promo code, where users receive bonus bets after making a wager. FanDuel is giving out $200 in bonus bets but also requires a user's first wager to win. While bet365 is only offering $150 in bonus bets, users get those funds regardless of the outcome of their initial wager.

The BetMGM bonus code and Fanatics Sportsbook promo code offer more in bonus bets, but require a larger investment up front from users. BetMGM is offering up to $1,500 in bonus bets, but users have to wager at least $1,500 to be eligible for the full amount. Fanatics is giving users up to $1,000 in bonus bets but over 10 days. Users must wager $100 per day for 10 days in a row to be eligible for the full amount. With these offers, users receive bonus bets only if their initial bets lose. 

The Caesars Sportsbook promo code features profit boosts instead of bonus bets. Users who wager $1 with the sportsbook will get 10 100% profit boosts.

Jake Paul vs. Julio Cesar Chavez Jr. Preview

Jake Paul enters this bout with an 11-1 record, and he's won five straight fights. His lone loss was against Tommy Fury in a clash in February 2023. Since then, he's taken down Nate Diaz, Andre August, Ryan Bourland, Mike Perry, and Tyson.

As for Chavez Jr., he has more experience than Paul and will look to use that to his advantage. He owns a 54-6-1 record in his career, starting with a 46-0-1 record before having some losses tacked onto his record. Chavez Jr. has topped Uriah Hall and David Zegarra in his last two fights, both coming by unanimous decision. Being 11 years younger than Paul is an uphill battle that he will need to navigate in this fight.

This fight is scheduled for 10 rounds, but BetMGM has Paul listed at -110 to secure the win by decision or technical decision and +150 for a victory by KO/TKO/or DQ. Chavez Jr. is looking to catch Paul by surprise, and BetMGM has him listed at +800 to beat Paul via knockout, which are his best odds. In comparison, he's at +1100 to win by decision.

Responsible gaming

BetMGM provides a "Responsible Gaming Center" tab for users on their profile pages. This landing page includes help for problem gambling as well as "Safer Play Tools," a list of options that allow users to limit their use of the app with deposit limits (daily, weekly or monthly), wagering limits, max wager limits and time limits. The platform also has a support team available 24/7 via live chat, and provides contact information for state and national helplines for those who need additional help. If you think you may have a gambling problem, you can call or text 1-800-GAMBLER.