A Review of the BetMGM Sportsbook Welcome Bonus in Indiana

This is a great time of the year to be a sports bettor. March Madness is here and the start of the MLB regular season is just a week or two away. For Indiana residents who might be interested in opening a new mobile sports betting account, BetMGM has a special Welcome Bonus promo That is worthy of consideration. Interested parties can read some of the promotion details below.

The current BetMGM Sportsbook Welcome Bonus promo in Indiana was first made available on March 15, 2024. According to the promo's terms and conditions, the promo is expected to continue until it expires at midnight on December 31, 2024. During the promo period, access to this promotion will be made available to new customers who have completed the operator's registration form, submitted it, and made a deposit of $10 or more within 30 days.

After getting through those initial requirements, new customers are ready to place their first bets. Each new customer's first bet can be on any sports market with no odds restrictions. If a customer's first sports bet loses, the customer will qualify to receive a 100% bet rebate of up to $1,500.

For this bonus, rebates will be issued as bonus bets. If a customer's qualifying losing bet is $50 or less, they will get one bonus bet. If their qualifying losing bet exceeds $50, they will get five bonus bets of equal value.

BetMGM's management intends to issue bonus bets within 24 hours of the losing bets going final. From the point of receipt, bonus bet recipients will have 7 days to use their bonus bets before they expire. Only bonus bets at odds of at least -200 will count. If bonus bets come back as winning bets, the net winnings will be paid out in cash to the new customer. Once they have cash, they can withdraw it at their discretion.

BetMGM provides sports betting services in Indiana to adults who are over the age of 20. When an Indiana resident interacts with the operator, they must be logged in through an IP address registered in the state.