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BetMGM promo code for SNF: CBSSPORTS for up to $1,500 in bonus bets

You can bet on Bears-Texans and get your first wager back from BetMGM with a loss

BetMGM promo for Bears vs Texans

Reigning NFL Offensive Rookie of the Year C.J. Stroud leads the Houston Texans into a primetime showdown on Sunday Night Football (8:20 p.m. ET) against the Chicago Bears at NRG Stadium. Both teams are 1-0, though the Texans are close to touchdown favorites at most sportsbooks.

New users looking to bet on the game are eligible to receive up to $1,500 in first-bet insurance thanks to a special BetMGM welcome promotion.

Up To $1,500 In Bonus Bets
If Your First Bet Loses
21+ only. First Bet Offer for new customers only. Min. first deposit of $10. Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. Bonus bets amount equals lost stake up to $1500. Must be physically located in NC, NJ, IN, WV, DC, CO, PA, MI, IA, AZ, LA, TN, IL, VA, MD, MS, WY, MA, KS, OH, or KY. Void where prohibited. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in Mississippi, New York, Nevada, Ontario, or Puerto Rico. Please Gamble Responsibly. Call 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Data & text rates may apply. Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA).

Interested in redeeming that offer? Use promo code CBSSPORTS at sign-up. We break down all the details below.  

Explaining the BetMGM Sportsbook promo

New BetMGM customers can claim first-bet insurance up to $1,500 when using promo code CBSSPORTS. Following an initial deposit of $10, all that’s required is a qualifying wager of $5 or more. All sports are available for claiming this promo, and there is no odds minimum.

If your wager is successful, you’ll simply get to keep your winnings. But if it loses, BetMGM promises to match your bet. Wagers greater than $50 will be matched with five bonus bets in equal denominations of 20% of the total amount. All other wagers will be credited with one bet of the same amount.

For example, if you bet $25 on DJ Moore to score a touchdown but wind up losing, BetMGM will issue you a $25 bonus bet within 24 hours.

Bonus bets are non-transferable and cannot be withdrawn. They do not hold any cash value, meaning if you win, you’ll keep the profit but not the value of the bonus bet as well. They must be used within seven days or else they expire.

Customers must be at least 21 years old and physically present in one of the following locations: North Carolina, New Jersey, Indiana, West Virginia, Colorado, Pennsylvania, Michigan, Iowa, Arizona, Louisiana, Tennessee, Illinois, Virginia, Maryland, Mississippi, Wyoming, Massachusetts, Kansas, Ohio, Kentucky or Washington, D.C.

How to claim the BetMGM Sportsbook promo

Below is a step-by-step guide on how to redeem your special offer from BetMGM:

  • Register for a new account at BetMGM, verifying your personal information
  • When prompted, enter promo code “CBSSPORTS”
  • Deposit $10
  • Apply your “First Bet Offer” token to a qualifying wager between $5-1,500. All sports are eligible, and there is no odds minimum.
  • Win your bet and keep your profits. Lose your bet and receive a matching bonus up to $1,500. Bonus bets are limited to five per person and expire after seven days.

What can you bet on?

Houston, a -155 favorite at BetMGM to win the AFC South, is seeking its first 2-0 start since 2016. The Texans looked as advertised in their season-opening 29-27 win over the Indianapolis Colts, as C.J. Stroud passed for 234 yards and a pair of touchdowns.

Stroud is among the early frontrunners for NFL MVP, and a big showing in primetime will only boost his stock.

Chicago had a tougher go of things in its opener, rallying from a 17-point deficit to beat the Tennessee Titans 24-17. No. 1 overall pick Caleb Williams struggled in his NFL debut (14 of 29, 93 yards), but the Bears pulled it out thanks to a pair of touchdowns from their defense and special teams.

The Bears, looking for just their fourth 2-0 start since 2010, are 6.5-point underdogs and +225 on the moneyline.

TEAMMONEYLINESPREADTOTAL
Bears+225+6.5 (-110)O 45.5 (-110)
Texans-275-6.5 (-110)U 45.5 (-110)
Up To $1,500 In Bonus Bets
If Your First Bet Loses
21+ only. First Bet Offer for new customers only. Min. first deposit of $10. Subject to eligibility requirements. Rewards are non-withdrawable bonus bets that expire in 7 days. Bonus bets amount equals lost stake up to $1500. Must be physically located in NC, NJ, IN, WV, DC, CO, PA, MI, IA, AZ, LA, TN, IL, VA, MD, MS, WY, MA, KS, OH, or KY. Void where prohibited. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in Mississippi, New York, Nevada, Ontario, or Puerto Rico. Please Gamble Responsibly. Call 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Data & text rates may apply. Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA).

BetMGM at a glance

Lucrative promotions for new and existing customers, competitive odds and strong accessibility are all strengths of BetMGM. There’s also, of course, its loyalty rewards program in which customers can earn points toward hotel stays, dining, concert tickets and more.

Bettors can wager on a wide range of sports, from the NFL and MLB to badminton, darts and everything in between. Users in select locations also have access to over 1,000 casino-style games (poker, blackjack, slots, etc.), as well as horse racing.

In addition to its generous welcome promo — first-bet insurance up to $1,500 — BetMGM continues to sweeten the pot for existing customers. This week, bettors can get first touchdown scorer insurance on any NFL game (up to $25).

Registration is safe and easy, and there are several different ways to deposit money. Should users need assistance, customer service reps are available 24/7.