BetMGM bonus code PINEWS1600: Get 20% of your first deposit matched ahead of Tuesday’s playoffs

If you’re hunting a new user promo to utilize before betting on Tuesday’s playoff action in the NBA or NHL, the BetMGM bonus code PINEWS1600 has you covered. Type in this code and you’ll receive a 20% deposit match worth up to $1,600 in bonus bets.

There’s a lot to explore with BetMGM’s deposit match promo I dive into later. But I must first mention BetMGM has a first bet offer up to $1,500 as a second promo you can choose instead. To unlock this form of first bet insurance up to $1,500, use code INQUIRERNEWS.

I’ll quickly go over BetMGM’s first bet insurance offer, as this is the simpler of the two to grasp. If your first bet up to $1,500 results in a loss, you get bonus bets back equal to the amount of your wager with the splits being depending on amount.

If your bet was less than $50, BetMGM will reward you back with one bonus bet. If you wagered $50 or more, you get five bonus bets back from BetMGM. Each bet will be equal to 20% of the amount of your first bet and expire after seven days.

As for BetMGM’s deposit match, the part that’s easy to explain is 20% of your first deposit being matched in bonus bets. You can deposit as much as $8,000 in cash. So if your first deposit is $1,000, you’ll get $200 in bonus bets.

The part of this BetMGM bonus code that can be tricky is BetMGM’s 10x wagering requirement. In simple terms, you must wager 10x the amount of bonus bets you get in your own money. So $200 in bonus bets means wagering $2,000 in cash is what will be expected expected out of you over the next 30 days.

If you don’t satisfy the 10x wagering requirement, BetMGM will remove whatever remaining bonus bets you have in your account. Ultimately, this promo is better for those with a larger budget and commitment to betting the next 30 days while BetMGM’s first bet insurance is better for more casual players,

The NHL has four games going down Tuesday compared to the NBA’s three. The Rangers and Panthers look to go up 2-0 at home by taking care of business against the Capitals and Lightning, respectively. Likewise, the Jets and Canucks look to do the same against the Avalanche and Predators, respectively.

In the NBA, the theme of home-court advantage playing a big role continues. The Timberwolves, Bucks, and Clippers all look to extend their series leads to 2-0 by defeating the Suns, Pacers, and Mavericks, respectively.

When looking for a comfortable bet to suggest in the NBA, it was a bit tough given how tight all the spreads are. Phoenix covering +3 points over Minnesota is a wager I can get behind however. In the NHL, the Lightning’s +150 moneyline is a wager I like a lot. Their +1.5 puck line is also one I can support, but the odds are -165 in comparison.

The Inquirer is not an online gambling operator, or a gambling site. We provide this information about sports betting for entertainment purposes only.