BetMGM Illinois Promo Code
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Sports bettors in Illinois were first allowed to bet on sports on June 19, 2019 when Illinois Governor JB Pritzker signed SB 690 into law and the Rivers Casino in Des Plaines outside of Chicago took the first legal bets. Legalized sports betting came with a catch.
In the beginning to be allowed to bet, anyone in the state of Illinois had to go to a partnering casino and sign up to be able to place sports bets.
That all changed on March 5th when the sign-up requirement was lifted. On that same say, BetMGM Sportsbook launched in the state of Illinois giving bettors another option to consider for their sports betting fancy.
BetMGM Illinois Bonus Code 2022
Right now new users can get a $1,000 risk-free bet when they sign up for BetMGM Sportsbook in Illinois. Unfortunately this offer is not available to existing users.
The process to sign up is very simple. All you have to do is go to the link provided above and hit the “register” button, and BOOM, you’re all set up and ready to place that first risk-free bet. There are a few more conditions to know. First and foremost, sports betting is only available to anyone 21 or older. You have to physically be in the state of Illinois to place your bet and the app will use geolocating software.
You will need an initial deposit of at least $10 into your account and place your wager within the first seven days of signing up for it to be eligible for the risk-free promotion.
If your qualifying wager loses and is less than $50 you will receive one credit for the amount you bet.
If your bet is for $50 or more you will receive free bets back in denominations of 20% of the total number earnings you’re eligible for. So, if you bet $1,000 and lose you’ll receive 5 $200 free bets at BetMGM Sportsbook.
All free bets will be credited to your account within 24 hours of the losing bet being settled.
Free bets are limited to one person, household or IP address.
Any free bets must be used within 7 days of receiving them.
Any free bets you receive cannot be redeemed for cash. They must be used via the BetMGM Sportsbook app or online.
How to Redeem Your Illinois BetMGM bonus code
To earn your risk free bet all you have to do is sign up at this link and start betting today
BetMGM Sportsbook Overview
In July 2018, MGM Resorts International and Entain Holdings formed a partnership to create BetMGM as a way to enter the sports-betting marketplace.
BetMGM Sportsbook is the exclusive sports betting division of MGM, both online and in MGM casinos nationwide. BetMGM is also the headline brand for online casino gaming along side sister brands Borgata Online (New Jersey), Party Casino and Party Poker.
BetMGM Sportsbook is available in 22 states, Washington DC, Ontario and Puerto Rico.
How to Access BetMGM
Using BetMGM Sportsbook couldn’t be easier. You can access BetMGM Sportsbook through your web browser of choice or via the BetMGM app which available on iOS and Android. Both options are easy to use. They both feature two sections where you can select the sport you want to bet on from a menu.
There are listings for promo parlays that you can play. They also have a parlay generator so that if you want to get really creative with your betting it’s very easy to use. Each game has the standard bets, spread and total, listed and in the bottom right hand corner there’s an “all wagers” link for you to click on if you want to go deeper into what each game has to offer in terms of bets.
How to create a BetMGM account in Illinois
The process for signing up for a BetMGM Sportsbook is very simple. All you have to do is download the app or go to www.betmgm.com and select “Illinois” as your state. You’ll input your name, address and last four digits of your Social Security number and you’re all ready to deposit and start winning money!
Types of bets available at BetMGM Illinois Sportsbook
It would probably be easier to tell you want you can’t bet on than what you can bet on, but nevertheless, we’ll still tell you.
This is simply betting on the team you think is going to win the game. If you want to bet the favored team you likely aren’t going to be able to make a lot of money on that bet as your odds get worse the more likely the sportsbook thinks the team is going to win the game. However, if you think the underdog is going to win the game you can make some good money there, but underdogs are usually underdogs for a reason!
The spread is how many points, goals or runs a team is going to win by. If a team in an NBA game is favored by 4.5 points and win by 5, you win the bet. If they win by less than 5 or lose the game, then your bet loses. This is the best way to get a good price on the favorite in a game, but it obviously comes with more risk.
You can bet on full game spreads or incremental ones. In the basketball, football and hockey you can bet the spread on quarters, halves or periods (in hockey).
For the more popular leagues you can also bet what are called “alt spreads”. If the sportsbook thinks the Bulls should be favored by 4.5 points, they’ll also offer you a chance to bet on the Bulls to win by more than 5.5, 6.5, 7.5 and so on. Your potential payout will be larger, but so will the risk of losing the bet.
The over/under will also be called the “total” and it’s simply betting on how many points, runs or goals are going to be scored in a game. So if you’re betting on a Cubs-White Sox game, you can bet on how many runs the teams are going to combined to score and you can also bet on how many runs each team is going to score by themselves. That bet is called a team total. Like spreads, the bigger the game is you can bet on alt totals as well.
You can also bet on incremental totals. Like spreads it’s broken down by halves, quarters and periods. For baseball, the most common incremental spread is called the first five when you’re betting on how many runs will be scored in the first five innings of a game.
If you want to really expand your horizons when it comes to betting, you can go past the spread and totals and head right for the prop markets. A prop is simply whether or not a certain thing is going to happen in a game. Zach Lavine’s point total is a type of prop. Justin Fields to throw a touchdown is another example.
There are player props, team props and game props and the possibilities are endless.
Most sports betting is done before a game starts. Users place bets and then watch the game see if their bet wins. You can, however, bet on most events as the game is going on. Live betting provides a thrill as the moneyline, spread and total will shift, sometimes dramatically, over the course of a game. Live betting is very easy with BetMGM Sportsbook. There’s a tab on the website and BetMGM app which lists all the live sporting events to bet on. You can bet on the traditional sports and shouldn’t be surprised to see niche sports on there as well.
A Future bet is betting on things like who is going to win the Super Bowl or who is going to win AL MVP. These are bets that typically take a while to settle so it may not be a lot of fun to tie up money on something that could take months to win or lose, but there are usually long odds available on good options depending on what you’re looking to bet on so the possibilities and hopes are tantalizing to think about.
Parlays are fun, but can also be quite controversial in the betting space. A parlay is combining multiple bets into one bet where if even one leg of the bet loses, you lose your entire stake.
It can be fun to pick a parlay on multiple games so that you can have various rooting interests, but they’re obviously extremely risky to bet on and the odds aren’t always necessarily fair based on what the individual legs add up.
BetMGM Sportsbook offers a variety of parlay options right on their homepage and BetMGM app every day which makes it easy for you to bet on them if you so choose.
Why Choose BetMGM Sportsbook in Illinois?
BetMGM Sportsbook is a great options for Illinois residents who want to start betting on sports.
First and foremost, both the BetMGM website and BetMGM sportsbook app are really easy to use for sports betting. The interface is clean and the betting options are plentiful. You have all kinds of options from professional sports, college sports and international sports to bet on.
BetMGM Sportsbook Illinois also has a robust selection of promotions and offers and will rotate new ones in throughout the year based on what sports are in season and will get people betting.
BetMGM routinely will offer parlay insurance and are great about giving out odds boosts to get bettors interested in certain events. Odds boosts in particular are a really good way to get value on a bet you may not be able to get value on elsehwhere.
BetMGM also has something unique to the sports betting marketplace for Illinois bettors with its parlay builder feature. You can put in the parameters of what odds you want or how much you want the potential winnings to be and BetMGM sportsbook will give you options for parlays you can bet on.
BetMGM Illinois FAQs
As of March 5, 2022 BetMGM was legal for use for anyone 21 and older and located in the state of Illinois.
Yes, as of March you no longer have to sign up at a casino to bet on sports in Illinois.
Currently mobile and online casinos are not legal in the state of Illinois for any online sportsbook so there is no BetMGM online casino in Illinois.
While it is possible that BetMGM Sportsbook will someday have Daily Fantasy thanks to its partnership with Yahoo! Sports, they do not currently offer DFS.
BetMGM does not have a deposit match in the state of Illinois. Deposit matches tend to be promos and the current offer at BetMGM Sportsbook is the $1,000 risk free bet
To register for BetMGM Sportsbook or the BetMGM mobile app you will need to supply the last four digits of your social security number. The process is completely safe. You should never give your full Social Security number to any online retailer.
BetMGM Sportsbook’s best support options are through their website at https://www.betmgm.com/en/mobileportal/contact
You do not need to be a resident of Illinois to be an Illinois bettor, however they use geolocation software so you’ll need to be within the state limits to use BetMGM Illinois.