BetMGM is literally handing out $1,500 bonuses for today’s College Football Playoff games—here’s the catch most bettors miss

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By: Annabelle Ink

BetMGM is dropping a massive $1,500 first bet offer for tonight’s three College Football Playoff quarterfinal games. Here’s everything you need to know to claim your bonus before you place your first wager on the slate.

🔥 Quick Facts

  • Bonus Amount: Up to $1,500 first bet offer available
  • Game Schedule: Three CFP quarterfinals tonight—Texas Tech vs Oregon (12 PM ET), Alabama vs Indiana (4 PM ET), Georgia vs Mississippi (8 PM ET)
  • Valid Codes: Multiple bonus codes work including TOP1500, COVERS, SBWIRE, NEWSWEEK, HANDLETOP, and more
  • Claim Deadline: New customers must sign up tonight to use bonus on today’s games

BetMGM College Football Playoff Bonus Details

BetMGM’s welcome bonus for the playoff gives new users a powerful way to bet on tonight’s action. The offer provides up to $1,500 in bonus bet value if your first wager loses.

Here’s how it breaks down: deposit at least $10, place your first bet up to $1,500, and if it loses, BetMGM credits you back with bonus bets equal to your initial wager. If your first bet wins, you simply keep the winnings.

The bonus is available in most states, though some regions (New Jersey, Pennsylvania, Michigan, West Virginia) offer an alternative $150 bonus instead based on location.

Which Bonus Code Should You Use Tonight?

Bonus Code Offer Details Best For
TOP1500 $1,500 first bet or $150 bonus All players
COVERS $1,500 first bet on Sugar Bowl Evening games
SBWIRE $1,500 bonus for CFP slate Multiple bets
NEWSWEEK $1,500 first bet offer All states

Multiple bonus codes work for the same offer, so choose whichever you prefer. TOP1500 is simple and widely available, while codes like COVERS and SBWIRE are promoted heavily by sports media outlets.

Step-by-Step Guide to Claiming Your $1,500 Bonus

Claiming your BetMGM bonus takes just minutes. The process is straightforward and designed for quick setup before tonight’s early game.

First, visit BetMGM’s website or download the mobile app. Click the Sign Up button and select your bonus code from the list provided during registration. Enter your personal details including name, email, date of birth, and address. The sportsbook will verify your identity automatically.

Next, make a deposit of at least $10 using PayPal, debit card, or online banking. Once funded, you’ll see the bonus credited to your account. Place your first wager up to $1,500 on any of tonight’s three games. If it loses, bonus bets equal to your initial stake appear in your account within hours.

One important note: bonus bets cannot be cashed out directly. You must use them to place additional wagers on any eligible sport. However, if a bonus bet wins, you keep all the winnings.

Tonight’s College Football Playoff Schedule

Three quarterfinal matchups kick off today, giving you multiple betting opportunities to leverage the BetMGM bonus.

The Orange Bowl featuring No. 5 Oregon versus No. 4 Texas Tech tips off at 12:00 PM ET on ABC. This early game is perfect for bettors who want to place their first wager early in the day.

The Rose Bowl</b puts No. 1 Indiana against No. 9 Alabama at 4:00 PM ET on ESPN. This matchup features the undefeated Big Ten champion facing an SEC powerhouse seeking an upset.

The nightcap is the Sugar Bowl with No. 3 Georgia meeting No. 6 Mississippi at 8:00 PM ET on ESPN. This evening game appeals to bettors who prefer late-night action.

Can You Use Your Bonus on All Three Games Tonight?

Great question. Your first $1,500 can go on any single game tonight. If it wins, you keep the profits. If it loses, you get bonus bets back that you can split across multiple games.

Many bettors use their initial bet on the highest-confidence play, then deploy bonus bets across the remaining games. BetMGM also runs additional in-app promotions during playoff games, including odds boosts and no-sweat offers that pair well with your welcome bonus.

“New customers can redeem their massive welcome bonus to back their initial wagers with confidence.”

BetMGM Welcome Offer, Sports Betting Promotion

Is $1,500 a Lot Compared to Other Sportsbooks?

Yes. The $1,500 first bet offer ranks among the highest in the industry for new customers. Most competing sportsbooks cap their welcome bonuses at $1,000 or offer smaller guaranteed bonuses.

BetMGM essentially gives you $1,500 in free betting power on your first loss, which is significant for players wanting to test the platform risk-free. The bonus resets if lost, meaning a losing first bet puts you ahead financially compared to sites offering flat $150 or $250 bonuses.

However, remember that bonus bets pay out winnings only—not the original stake. A $1,500 bonus bet that wins $500 gives you $500 profit, not $2,000. This structure is standard across legal sportsbooks but important to understand before placing wagers.

MOST IMPORTANT: All offers are for new BetMGM customers age 21+ in eligible states. Existing players cannot use the welcome bonus. Register tonight to claim before the early Orange Bowl kickoff.

Sources

  • WTOP News – BetMGM bonus code verification and how to claim
  • USA Today Sports – College Football Playoff schedule and game times
  • CBS Sports – BetMGM promo code details and bonus structure

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