Congratulations to all of those that have had to wait many long years for sports betting to reach the great state of Ohio. It is finally here, which means it is time to start raking in the promotions. When you use our BetMGM Ohio bonus code SHARP at sign-up, you will receive a first bet insurance of up to $1,000.
Claim $1,000 in first bet insurance with BetMGM Ohio Bonus Code SHARP
BetMGM Sportsbook offers a highly-rated mobile sports betting experience, and like a few competitors out there, it has planted its roots with one of the state’s major sports teams — the Cincinnati Reds. BetMGM Sportsbook is offering those in Ohio an incredible offer that takes all the risk out of sports betting while amplifying the thrill by an extreme amount.
BetMGM Ohio Promo Code: How to Secure Your First Bet Insurance
Ohio sports betting is live, and while it is too late to claim any pre-launch offers, the fine people at BetMGM are giving us another opportunity to rake in the awards. When you follow our BetMGM Ohio Bonus Code link, you will get your first bet up to $1,000 with BetMGM insured against a loss.
It is a simple process, follow our BetMGM Ohio Bonus Code link above, create a BetMGM account, make an initial deposit of at least $10, and place your first wager up to $1,000. If you are new to sports betting, this will act as a practice run as there is no way of you losing any money wagered.
BetMGM Promo Code $1,000 First Bet Insurance Explained
When you bet on anything, there are three possible outcomes. You either win, lose, or push, which means a tie. When you win, you get your amount wagered back and your winnings. When you lose, you lose it all, and when you push, you only get the amount wagered back. If you have bet before, you know how much a push stings, but at least you did not lose anything.
Losing a sports bet isn’t fun, so wouldn’t it be nice if you did not have to worry about losing? Well, when you use our BetMGM Ohio Bonus Code link, your first bet of the New Year is on the house. Make sure you deposit at least $10 to claim your first bet with BetMGM up to $1,000 to be insured.
If your wager wins, you get all your money back and your winnings. In the unfortunate event that your insured bet losses, you will get your full amount back. However, if your wager was below $50, you will receive one bonus bet for the amount wagered. If your insured wager was over $50, you will get five bonus bets in 20% increments of your wager.
For example, if you take full advantage of this offer and make your first bet of $1,000 and it’s a loser, then your BetMGM account will be credited with five $200 bonus bets. Any bonus bets must be used within seven days of hitting your account.
Get all the Ohio sports betting bonuses here
What Should I Bet On?
That is the beauty of bet insurance. It truly does not matter what you bet on. If you are feeling frisky, maybe you take the biggest underdog of the day in the NFL for the chance to maximize your winnings.
Or, you can bet on the home-state Cleveland Browns as they head to the nation’s capital to take on the Washington Commanders or ride the wave of the red-hot Cincinnati Bengals as they march towards their second-straight AFC title.
Speaking of Cincinnati, we mentioned that the Reds have signed an agreement with BetMGM to make them the official sports betting partner of the Cincinnati Reds. The deal includes plans to open a retail BetMGM Sportsbook at Great American Ball Park and other promotional ventures such as VIP booths, scoreboard advertisement, and much more. BetMGM has been the official sports betting partner of MLB since 2018.
There will be plenty of action for you to take part in in the first few days of Sports Betting in Ohio, and BetMGM wants to make sure it is even better with yet another excellent promo.
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