BetMGM Sportsbook Indiana Bonus Code for $1,000
BetMGM Sportsbook debuted in Indiana in February 2020. When you create your BetMGM Indiana account in February 2023 using the BetMGM Indiana bonus code PLAYBONUS, your first bet will be refunded if it loses for up to $1,000 in bonus bets.
The BetMGM Sportsbook app allows you to bet on your favorite teams, such as the Indianapolis Colts and Indiana Pacers, all at your fingertips. In addition to the app, you can place bets using the BetMGM Indiana website.
Once you get started with your BetMGM account, you will find all the different bets available to you. On top of all the sports and bets you can make, you’ll find that BetMGM Sportsbook offers some of the best promotions too. So, without further ado, let us learn more about BetMGM.
BetMGM Indiana sign-up bonus: Up to $1,000 in February 2023
When you sign up with BetMGM Indiana use the BetMGM Indiana bonus code PLAYBONUS. Then, if the your first bet at BetMGM loses, you’ll be paid back in bonus bets, up to the limit of $1,000.
BetMGM Indiana bonus code for February 2023
|Online Sportsbook||BetMGM Sportsbook Indiana|
|BetMGM Indiana Bonus Code||PLAYBONUS|
|Sign Up Bonus||Bonus Bet refund up to $1,000 if you first bet loses|
|Casino Partner||Belterra Casino|
|Online Since||February 2020|
|Last Updated||February 2023|
How does the BetMGM Indiana sign-up bonus work?
Let’s walk you through exactly how the BetMGM Sportsbook welcome bonus in Indiana works:
- Sign up with BetMGM Indiana and enter the BetMGM Indiana code PLAYBONUS
- Make a deposit of $10 or more and place your first bet. Only your opening bet is eligible for this offer, so make sure you’re happy with the bet and your stake.
- If the bet loses, BetMGM will cover your losses up to that $1,000 in bonus bets. If the bet wins, nothing changes, and the offer goes away.
Your losses are not refunded as cash; however, they are refunded as bonus bets. Here’s what you need to know about BetMGM Sportsbook bonus bets:
- First, the number of bonus bets you’re awarded varies based on the size of your losing wager. Bets of $49 and less will receive a single bonus bet. Bets of $50 and up receive five equal-sized bonus bets. So a $50 loss would result in getting five $10 bonus bets; a $1,000 loss would result in five $200 bonus bets.
- Bonus bets at BetMGM Indiana expire seven days after being issued.
- Bonus bets cannot be cashed out.
- The value of a bonus bet is not included in your winnings.
- One unique thing about BetMGM Sportsbook is that if your bonus bet wager is voided or the game you bet on is canceled, you get your bonus bet back. At some sportsbooks, this is not the case.
We also suggest reading through the BetMGM sign-up bonus terms and conditions, and if you ever come across something you don’t understand, be sure to reach out to the BetMGM customer service team and they will be able to help you.
Can I trust BetMGM in Indiana?
Yes, you absolutely can. BetMGM Sportsbook wouldn’t be operating in Indiana if it hadn’t been granted a license by the Indiana Gaming Commission. And that wouldn’t have happened unless BetMGM proved that it was a safe and legitimate sportsbook.
In order to sign up and bet with BetMGM IN you must be 21 or older. You also must be within Indiana state lines to wager. Be sure to have your location settings enabled, otherwise you will be prohibited from betting.
How do I download the BetMGM app?
The BetMGM Sportsbook app is available for iOS and Android alike. Below are the steps for downloading the sports betting app for each:
BetMGM Indiana iOS app
- Go to the BetMGM Indiana homepage while on your iPad and/or iPhone
- Scroll to the bottom of the page. Under the “About Us” section you’ll see a “Download for iOS” link.
- Click the link, which will, in turn, open the Apple App Store to the BetMGM Sportbook page.
- Select “Get” and in a matter of minutes, or less, the app will be ready to use.
BetMGM Indiana Android app
- Head to the BetMGM IN website on your Android-powered phone or tablet.
- At the bottom of the page, in the “About Us” section you will need to select the “Download for Android” link.
- This opens the Google Play Store directly to the BetMGM download page.
- Choose “Install” and in very short order the app will be ready to open and use.
Due to sports betting resections, you need to allow the BetMGM app to track your location. If you do not allow this you will not be able to place any bets with BetMGM or any other licensed online sportsbook.
Getting started with BetMGM Sportsbook in Indiana
Opening a BetMGM Sportsbook account in Indiana is easy to do and should only take a few minutes:
- To start, set up your account on your computer using a web browser or on your phone, whichever is preferable.
- From there, you’ll be required to enter your personal information including name, address, phone number, email, date of birth, and the last four numbers of your Social Security number. This information is needed to confirm your identity.
- Your information will get verified.
- Once you are verified, you can set up your username and password.
- After your account is finished setting up, you will be prompted to deposit via one of the available methods and you can go ahead and start betting.
Also, during the sign-up process is when you’ll need to enter the BetMGM Indiana bonus code (PLAYBONUS) to receive your first bet offer worth up to $1,000.
Where do I find BetMGM promotions?
A great thing about the promotions on BetMGM is that you are notified about some of them when you log in. Just head to the BetMGM Indiana promotions page to check out all the ongoing promos at any time.
The Promotions page is constantly updating with new offers that vary depending on the sport. Be sure to “opt-in” to whichever promotion you would like to participate in to be sure you are eligible for it. When scrolling through the promotions, be mindful of the expiration date of the promo that you are looking at. Below are a couple of promotions that are currently being offered on the BetMGM Indiana app:
- Parlay specials: You’ll find that for select sports you can receive bonus bets refunds if your qualifying parlays lose by exactly one leg.
- Odds boosts: BetMGM Indiana also offers boosted bets on a daily basis.
Why should I choose the BetMGM Sportsbook Indiana app?
- Excellent bettor-friendly promotions. The BetMGM promos are very user-friendly. They are constantly offering different and creative promotions throughout the year to give you new ways to win and better enhance your experience. At BetMGM Indiana you’ll find profit boosts, parlay specials, and a whole lot more.
- Great, clear app layout. The layout of the app not only makes it easy to use but gives a very casino-like feel with the black and gold color pattern.
- Pre-packaged Parlays. One of our favorite features of the app is the pre-packaged parlays. You’ll find tons of pre-built parlays for all the major pro and college leagues. This simplifies the process of making a parlay.
What I do not like about BetMGM Indiana?
- Slower app and website. While the BetMGM app and website look great, they are both on the slower side of things when compared to other sportsbooks like DraftKings, FanDuel, and Caesars. While this is definitely not a reason to stay away from BetMGM, we do think it’s enough of an issue that you’ll notice it.
- $50 Pre-Established stake. Prior to establishing your most common stake, the app will automatically set your pre-determined stake at $50. Now, this obviously can be edited prior to wagering but it does force customers to pay attention to it prior to wagering so they can bet at the amount they want if they do not want to bet $50.
What kind of bets can I make on BetMGM Sports?
You can make basically whatever sports bets you would like at BetMGM Indiana. Here is a look at the most common and popular ones and how they work.
How to bet on point spreads
This is a bet focused on the margin of victory rather than who is going to win. For example, let’s just say that the Indianapolis Colts are playing the Los Angeles Chargers and the Colts are -3 and the Chargers are +3. If you bet on the Colts, they must win by four points or more for your bet to cover the spread. If you are betting on the Chargers, they could lose by less than 3 points or win the game outright for your bet to win. If the Colts win by exactly three, the game is known as a “push” which means a tie and you get your bet stake back.
How moneyline betting works
To win a moneyline bet the team you bet on just needs to win the game. If a team has a minus in front of their odds, that means that they are favored to win. For example, if the Colts are -160 on the moneyline that means you would need to wager $160 to win back $100. On the other side of the field, the Chargers are listed at +135, this means a $100 bet on Los Angeles will result in a $135 payout if you’re right.
How totals betting works
Totals are an over/under wager on the total number of points scored in the game. The odds on either side are typically even or very close to it. If you select the over, that means the game must have a higher point total than the number you select, and vice versa for the under.
How player props work
Player props have a ton of variety. Here you are betting on a player to achieve various stats in a game. It could be score a touchdown, hit a home run, have a certain number of rebounds, etc. At BetMGM Indiana you’ll find an abundance of player prop bets available for all major sports.
Live betting/futures betting
Live betting is betting on games as they are being played. The odds are constantly changing with live betting based on what is taking place in the game. This means, if you see a bet you like, do not hesitate to make it as it is subject to change prior to confirming your bet based on what is going on in the game.
Futures betting is wagering on a team to win a championship, division, etc. These are season-long bets that you can make before or during seasons. You also can place future bets on players at BetMGM Sportsbook IN. These bets can be stat-based or on which player will win a specific league award.
Parlays are a combination of bets that you can make. Each pick you select in your combination must hit for the bet to be a winner.
- As you are building your parlay, you will notice the total odds of the bet increase as you go on.
- When building, just select the bets you want to make without stopping until you see all of the bets you would like to add to one parlay.
- When you add all the picks you want to add to it, enter how much you would like to bet in your betslip on the “Parlay” line and there you will see your potential payout.
- Hit confirm, and your parlay is now live.
One-Game Parlays at BetMGM Indiana are a bit different.
The process of building one of these is the same as a parlay. However, the difference is this is all within one game.
In each game this is offered on, there is a tab labeled “One-Game Parlay.” There will be categorized options of what you can wager on such as various spreads, point total, player prop, team prop and game prop markets for you to choose from.
This feature really enhances the entertainment of the game as there are different things to keep track of otherthan just the score and who you may be rooting for.
Can I bet on the Indiana Pacers in IN?
Yes, you can bet on the NBA’s Indiana Pacers at BetMGM Indiana. All professional teams in the state as well as our college teams can bet wager on using the BetMGM Sportsbook app. That means you can bet on the Pacers, Colts, as well as Indiana, Purdue, Notre Dame, and Butler. Indiana is one of the few states that do not have any sort of limitations on wagering on in-state college sports, which can make rooting for your alma mater or home team that much more exciting.
There are no limitations as to what you can bet on when it comes to local teams in Indiana. You can bet on the Hoosiers or the Boilermakers to win the NCAA Tournament as well as simply betting on them to cover their spread in the next game. It gives you an excellent opportunity to put your money behind your fandom and be able to enjoy some winnings while rooting on your team to victory.
How to deposit and withdraw on BetMGM online sportsbook?
There are multiple options for both depositing and withdrawing, which gives players multiple options to determine whatever is easiest for them. When looking to deposit, your options are below:
- Debit Card
- Online Banking
- VIP preferred e-check
For withdrawing the options are below:
- Online Banking
- Wire Transfer
For withdrawals, it is important to note that most options can take anywhere from 1-4 days to fully process and go through. The quickest method for an online withdrawal would most likely be the PayPal method if you are looking to get your withdrawal as soon as possible.
How do I get help at BetMGM?
BetMGM has several ways for you to be able to reach out to their Customer Service team. You can reach out via live chat, email, or phone. The phone number for BetMGM Customer Service is 304-451-7981. They are available 24/7 for you to reach out and let them help you with whatever issue you are having.
When trying to reach out via email, you can contact them through “My Account” then hit the “Support” tab. There are FAQs available if you believe your issue may be found there, you can get the answer you are looking for without having to reach out. If you would like to reach out, you can do so via the options above.
How do I exclude myself from BetMGM?
Players can reach out to close or limit their accounts. Players do have control when it comes to limitations due to responsible gaming. They do have a guide to responsible gaming on the top right corner of the home page. You can contact BetMGM customer service to get excluded and it can be done in a very short amount of time.
Can I bet with BetMGM Indiana in person?
Currently, there is not a retail BetMGM Sportsbook in Indiana.
How does BetMGM compare to other sportsbooks that can be used in Indiana?
BetMGM proclaims that it’s “The King of Sportsbooks,” while we’re not quite ready to proclaim it the king, we believe it deserves a seat at the head of the table.
When rating sportsbooks, we like to look at a few different categories (welcome bonus, promotions for existing customers, overall odds, and app/website functionality), here’s how BetMGM stacks up in each:
- Welcome bonus: The BetMGM welcome bonus is worth up to $1,000 and is very similar to what you’ll find at FanDuel Sportsbook.
Then there’s the DraftKings sports app, which has a deposit match offer up to $1,000. This match is only for 20% and has a high playthrough requirement.
There’s also Caesars Sportsbook, which is worth up to $1,250, and is also very good.
- Promotions: When it comes to promos for existing customers, the fact is BetMGM, DraftKings, Caesars and FanDuel all excel in Indiana. Overall, BetMGM might have just a few more promotions than the other three. Having said that, those offered at Caesars and FanDuel tend to be slightly more rewarding by our count.
DraftKings’ promotions are not bad, but they’re maybe just a touch behind its top competitors.
- Betting odds: Here’s one where we have to call it pretty much a dead heat between Caesars, BetMGM, FanDuel and DraftKings. And honestly, that makes sense. With so much competition for sports betting market share in Indiana if any of these online sportsbook operators slipped in terms of the odds being offered, they’d lose customers. We do advocate comparing odds across multiple sportsbooks though to make sure you’re getting the best ones.
- App/Website functionality: This is the one area in which BetMGM Indiana really drops the ball. The app and website look great and overall, they run well too, but they’re just slow.
In our experience, there were multiple times when we re-clicked a link because we thought it wasn’t working only to realize it was just taking longer than expected for a page to load. If BetMGM can speed up its app and website it really would be a gamechanger.
BetMGM Sportsbook FAQ
Use the BetMGM Sportbook promo code PLAYBONUS when you create an account and you’ll receive a first bet welcome bonus worth up $1,000.
Yes, BetMGM Sportsbook has received a license from the Indiana Gaming Commission. This indicates that the sportsbook is safe, secure and fair, and it has responsible gambling protocols in place.
Players can cash out their winnings through online banking, wire transfer, check, Play+ and PayPal. The processing time for withdrawals can take between one and four business days. For those who are looking for quick withdrawals, the best option would be PayPal.
These three sportsbooks are quite on par when it comes to odds, with some small differences from game to game. One aspect in which BetMGM takes the lead is offering boosted odds more frequently.
Yes, all gambling winnings are taxable income in Indiana, and that includes those from sports betting. You can declare your winnings to the IRS by filing a Form 1040. The sportsbook might also send you a Form W-2G to help you declare your winnings.
Yes, you can get a deduction due to gambling losses. However, you can’t claim it if you take the standard deduction on your return. Additionally, you can only apply the deduction for your losses against any winnings you reported.