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March Madness is unrivaled in its ability to consistently deliver upset results, as nearly every NCAA Tournament ends up with its share of memorable wins by scrappy underdogs. The first-bet offer up to $1,500 from the BetMGM bonus code SBWIRE will give you the ability place bets on these potential upsets and gives you a second chance if those upset selections lose.
This second chance with the BetMGM bonus code SBWIRE offsets an initial wager loss up to $1,500 with an equal value of bonus bets. That $1,500 cap is notable because that is a higher value than what is typically offered by sportsbook promo codes.
You will have plenty of upset options to choose from on Thursday, as there are seven combined matchups between No. 1 and No. 16, No. 2 and No. 15, and No. 3 and No. 14 seeds. You could pursue those either via moneyline or point spread wagers after signing up for the BetMGM bonus code SBWIRE or even choose alternate point spreads.
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Use $1,500 First-Bet Offer for NCAA First Round with BetMGM Bonus Code SBWIRE
| 📱 BetMGM Bonus Code | SBWIRE |
| 🤑 BetMGM Promo Offer | Place your first wager and receive up to $1,500 back in Bonus Bets if it loses. |
| âś…Â Terms and conditions | New customers 21 and older in AZ, CO, IL, IN, IA, KS, KY, LA, MI, MA, MD, NJ, OH, PA, TN, VA & WV. 18+ in WY; 7-day expiration and 1x playthrough on bonus bets. |
| ✔️ Last verified | March 21 |
It won’t take much time to claim the first-bet offer up to $1,5000 with the BetMGM bonus code SBWIRE, as completing these sign-up steps should only take a few minutes.
- Smash any of the BET NOW buttons.
- When the BetMGM sign-up page appears, give it the info needed to create an account, then type the BetMGM bonus code SBWIRE in the bonus code box.
- Verify you are located somewhere BetMGM is live and legal and are 21+ years old.
- Deposit at least $10 into your account.
You can now start looking for upsets or even go with a high percentage chalk pick on your opening wager with the BetMGM bonus code SBWIRE.
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Terms for First-Bet Offer – Get Win or Second Chance BetMGM Bonus Code SBWIRE
The NCAA tournament is a win or go home environment, but that won’t be the case for your first bet with the BetMGM bonus code SBWIRE, at least as long as your initial wager is a real money, standard odds bet. To illustrate, say you pick NC State to continue its hot streak and bet a $50 moneyline on the Wolfpack to beat Texas Tech.
That bet had +190 odds earlier this week, which means you will get $145 with a winning wager, but if the Red Raiders claim victory, you will then get a bonus bet refund from the BetMGM bonus code SBWIRE. Since this loss was for $50 or more, it will be five bonus bets of equal value, which is five $10 bonus bets in this instance. This is the case for an opening loss up to $1,500, but a loss less than $50 and it’s one bonus bet.
Many sports betting apps give you a single bonus bet value for any initial loss, so this delivery method stands out. The bonus bets have a one-week usage window, have no odds restrictions, and give profits after only one win.
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More First-Round Betting Options on Friday with the BetMGM Bonus Code SBWIRE
Friday provides even more first-round betting action at BetMGM, with potential upsets being James Madison (+5.5) over Wisconsin or UAB (+7.5) over San Diego State.
BetMGM is one of the best online sportsbooks and one item qualifies it for this title is that it shows you the percentage of bettors who are currently landing on either side of the standard point spread, total points and moneyline wagers. Just click on a game and these percentages will be displayed on your screen.
Those who like live in-game betting will also find a very smooth interface to make these wagers at BetMGM. Accessing this can be done in minutes if you hit a BET NOW button and sign up for the BetMGM promo code SBWIRE.
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