How often can a bettor be up $100 without thinking about it?
That’s the case on Sunday with a BetMGM Sports promo for new customers only regarding the Baltimore Ravens-Houston Texans game.
Bet $1 and win $100 in free bets once either team scores a touchdown. You might have this one pocketed in the first quarter.
The win is paid out in the form of two $50 wagers that must be made within seven days of the account being credited.
With that slated to occur within 24 hours after the Baltimore-Houston game ends, most bettors have a deadline of NFL Week Three’s Sunday games to utilize the free bets. That range of games includes the Thursday night contest and the Sunday schedule.
Free bets can then be placed online or via the app.
How to play the bet $1, win $100 BetMGM free bets
Here’s how you get started.
First, it’s available from now until the start of the Ravens-Texans game on Sept. 20 (Sunday) at 4:25 p.m. EST.
Second, register for an account, sign up, make a deposit, read the terms and conditions, and download the BetMGM Sports NJ app either on iOS or Android.
A $1 bet must then be placed on the moneyline for either side of the Baltimore-Houston game, and you’re in business. Here’s how the odds shape up for the Sunday matchup:
There are, of course, a few rules to follow, the most important of which is that you must deposit a minimum of $10 into your new account. That means this offer is for new users only.
Then, as your first real-money bet after opening the account, place a single $1 pregame moneyline wager on either side.
It’s important for bettors to know that once chosen, this is the only BetMGM promotion they will get as a new user.
So customers using the bet $1, win $100 promo will not be eligible to receive the $500 deposit match welcoming offer or any other new customer welcome offer.
Rules and conditions to the bet $1, win $100 offer
There are also some logical restrictions on eligible betting markets.
If you use the “Cash Out” or “Edit My Bet” features or cancel the bet, the bonus cannot be collected.
The free bets cannot be redeemed for cash either and cannot be utilized in the poker, casino, live casino, games or slot areas.
Strategy and advantages of the BetMGM free bets
All promos have their own enticement and strategy. Here, winning the bet is merely an introduction to the opportunity.
The $50 free wagers create interesting choices. Do you take a heavy moneyline favorite next week or try to hit a long shot at a price?
Maybe do one of each.
This setup differs from others across the sportsbook landscape. Some of them will allow multiple small wagers with the free bets.
Here, you have to take a stand and make a decision on the $50 free bets. That requires thoughtful analysis and judgment.
Nonetheless, this promo affords the opportunity to build a bankroll on the back of free bets turning into real bets that hit.
One of its nice features is the low level of entry. A gambler can start small and potentially build a big bankroll rather than make a big deposit and try to hit one major free bet of say, $500 or $1,000.
Ravens, Texans and a touchdown in the cards
BetMGM Sportsbook made sure bettors had little to worry about regarding the initial collection.
The teams combined for eight touchdowns last week. They only need one.
The Ravens unleashed a 38-6 pounding of the Cleveland Browns. They notched five touchdowns and sport the league’s reigning MVP in Lamar Jackson.
The Texans were beaten 34-20 by the Kansas City Chiefs, scoring three touchdowns.
In case the bonus burns a hole in your betting pocket, you can use it as early as next Thursday, when the Miami Dolphins visit the Jacksonville Jaguars.
On Sunday of NFL Week Three, the New York Giants host the San Francisco 49ers, the Philadelphia Eagles host the Cincinnati Bengals and the New York Jets visit the Indianapolis Colts. And there are a host of other games.
There’s nothing wrong with looking ahead.
AP Photo/Julio Cortez