BetMGM Escalates New User Offers to $1,500
AI-generated image · US National Wire
High-value bonus bets emerge as operators compete for October 2026 market share during the MLB playoffs and college football season.
BetMGM has introduced a promotional offer providing new users up to $1,500 in bonus bets if their qualifying wager loses, according to reporting from CBS Sports. The promotion, accessible via the bonus code CBSSPORTS, also offers $150 in bonus bets if the user's first bet wins, though CBS Sports notes the specific offer is dependent on the user's location.
This aggressive incentive arrives as operators fight for market share during a dense October 2026 sports calendar. The current promotional landscape includes competing offers from other major books; for example, CBS Sports reports that FanDuel is offering new users $350 in bonus bets for wagering $5 or more daily over a seven-day period.
The push for new acquisitions coincides with high-profile betting events, including Game 2 of the ALCS between the Tampa Bay Rays and the Cleveland Guardians, as well as upcoming NFL and college football matchups. The escalation to $1,500 offers signals an intensified effort to capture high-value bettors during this peak seasonal window.