$1,500 BetMGM promo code CBSSPORTS for this weekend's games

With the women's tournament final tipping off Sunday afternoon and the men's tournament final happening on Monday evening, what better time to check out BetMGM's promo code? With up to $1,500 in bonus bets, let's explore BetMGM's promo while taking a peek at the biggest games taking place this weekend. 

How to claim BetMGM promo code

If you're wondering how to get up to $1,500 in bonus bets as a first-time user with BetMGM, follow these steps below. 

1. Download the BetMGM app and click SIGN UP.
2. Enter all required information to create a BetMGM Sportsbook account and make sure to enter the promo code CBSSPORTS while signing up.
3. Deposit $10 or more. 
4. Make your first bet at any odds on any sporting event, with BetMGM willing to match up to $1,500 if your first bet loses.

New users will receive up to $1,500 in bonus bets if their first bet loses. If your first wager is $50 or lower and loses, you'd get one bonus bet equal to what the initial wager was. If that initial wager is more than $50 and it loses, you'd earn five bonus bets worth an equal amount of one-fifth (or 20%) of your first bet. So if you placed a bet of $1,500 and it lost, the bonus bets you'd receive would be in five $300 increments. All bonus bets expire in seven days if you don't use them. If you win a bet that's placed with bonus bets, you receive only the winnings in your payout and not the initial stake back that was funded by bonus bets. 

New users must be 21+ to sign up for BetMGM.

Sportsbook offers

If you're wondering about how BetMGM's welcome offer compares to other sportsbooks, you can view it below:

With BetMGM, new bettors can earn the highest amount in bonus bets among any sportsbook offer but it also can result in the greatest potential loss. Since BetMGM's promo acts as a first-bet insurance of up to $1,500, new bettors would still have to wager $1,500 in order to maximize this promo. If the first bet loses, and then you also lose five $300 bonus bets, you're down $1,500 to start at BetMGM. But if you win your first $1,500 bet, then you're most likely up more to start than you'd be with any other sportsbook welcome offer. So ultimately, it depends on your tolerance for how much you're willing to put in (and potentially lose) to start.

Other sportsbooks are offering "bet and get" promos compared to BetMGM's first-bet insurance. With DraftKings and bet365, you can earn $150 in bonus bets automatically after a first bet of at least $5. While FanDuel has a higher $200 in bonus bets, you have to win your first bet of $5+ in order to earn them. Fanatics has a new offer in select states where if you bet $10 in each of your first three days with the sportsbook, you get $100 in bonus bets each day (for a total of $300 in bonus bets). Caesars has a unique approach to its sign-up offer, giving new customers 10 100% profit boost tokens to potentially double your winnings after a first bet of $1 or more. 

What to bet on in sports this weekend

For only the second time in men's tournament history, all four top seeds advanced to the final weekend to battle in the semifinals. Florida and Houston each won on Saturday to advance to the 2025 title game on Monday night in San Antonio.

In the women's bracket, Paige Bueckers-led No. 2 seed UConn and South Carolina will battle Sunday afternoon with a championship on the line. Even though the Huskies are the only No. 2 seed to make it to the semifinals in Tampa, they are also the only team remaining that has won each of their tournament games by double digits, including a 34-point beatdown of UCLA in the semis.

Responsible Gaming

Every bettor, whether it's someone wagering for the first time or someone who's been sports betting for years, should educate themselves about responsible gaming. BetMGM offers tools for bettors to help practice responsible gaming, including time limits and loss limits. 

Other national resources are available, including:

• The National Council on Problem Gambling
• Gamblers Anonymous
• Call or text 24/7: 1-800-GAMBLER