Updated Look at the Welcome Bonus in Indiana

With the NCAA BB March Madness tournament on the horizon, there is adequate motivation for Indiana residents to start looking for a sports betting home. After all, Indiana has always been considered the nation's college basketball capital. In their search for a new sports betting home, Indiana residents have plenty of choices. What prospective bettors need to know is that each available operator is offering a welcome bonus worthy of consideration. Here are some details that describe the "Welcome Bonus" that is being offered by BetMGM.

The current BetMGM Sportsbook Welcome Bonus was introduced on the morning of February 12, 2024. At this time, the offer is expected to expire in 6 months on August 12, 2024. This offer is being extended to individuals in the start who are at least 21 years of age.

To earn the right to claim this Welcome Bonus, newly registered are required to make an initial deposit in cash for at least $10. After doing that, they will then need to make their first BetMGM sports bet. After completing that requirement, new customers will earn the right to claim $150 in bonus bet tokens.

Each bonus bet token, six (6) in total, will be assigned a betting value of $25. They will be distributed within 24 hours after the qualifying bet has been recorded. Once bonus recipients have been credited with their bonus bet tokens, they will have to get busy using them because each token will expire in seven (7). Here's the good news. If a new customer places a bonus bet and the bet wins, that customer will be paid the net winnings. Those net winnings will be paid as cash directly into the customer's account. That cash can then be withdrawn.

During the promotion period, BetMGM will be in charge of managing the promotion. It will be within their rights to alter the terms and conditions or terminate the promo without cause or reason. Should any bonus disputes get filed, BetMGM's management will be responsible for ruling on the dispute.

All interactions between Indiana residents and BetMGM must be handled via Indiana IP addresses.