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Rich Refer-a-Friend Bonus Available at BetMGM

October 10, 2024

In a competitive sports betting market, online sports betting operators face the challenge of hunting for new customers. The easiest and most economical way for them to do that is through word-of-mouth advertising that goes from existing customers to prospective new customers. As an incentive for existing customers to spread the word, a responsible operator will offer what is referred to as a Refer-a-Friend bonus. Indeed, BetMGM is a responsible operator that does offer such a bonus program in participating states. Here is a peek at the terms and conditions that support BetMGM's Refer-a-Friend program.

The current BetMGM Refer-a-Friend bonus program was introduced to customers in participating stats on September 3, 2024. Assuming no changes will be made to this offer, it will expire at midnight on March 3, 2025. This offer is being extended to all registered BetMGM customers who remain in good standing with the operator. The promotion works as follows:

If existing customers want to refer a friend or family member, they may do so by sending their referred parties a "BetMGM Refer-a-Friend Invitation" link. Referred parties will need to use these links to access the BetMGM registration system. Note that the link will provide the referrer's identity. Referred parties will need to complete the short registration form and submit it for approval.

After their registrations have been accepted, referred parties will have 30 days to make an initial cash deposit of $100 or more. They will then need to proceed by making $100 in wagers at minimum odds of -200. After those wagers have been placed and settled, both the referrers and the referred parties will be eligible to receive a bonus of $100. Said bonuses will be issued within 24 hours after all requirements have been.

Once both parties receive their bonuses as wagering bonuses, they will have an additional 30 days to place their wagers at the same minimum odds of -200. If any winnings remain after the Refer-a-Friend bonus has been used, the "net" winnings can be withdrawn at the customer's discretion. Net refers to the amount won and does not include the amount of the bonus.

Each existing customer will be permitted to refer up to five (5) new customers each month. All new customers must be at least 21 years of age when they go through the registration process. They will also have to log in through an IP address that's registered in the state of their residence.

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