Tim Ronaldson

BetMGM has released a new promo code called “SAFE” that provides players with a great way to get free money and free bets on their site.

Promo codes are a great way to maximize the amount of money that you can deposit into your account initially, which gives you a better chance to win more money.

BetMGM’s “SAFE” promo code offer going on right now is for people to use when they’re making their first deposit on the site. Let’s take a look at what the promo code is, what it gets you, how to use it and ways to optimize the free money.

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BetMGM Promo Code

The best promo code BetMGM has going on right now in New Jersey is a match bonus on first deposits. It provides sportsbook players with a risk-free first bet of up to $600.

The bonus is also available or the BetMGM casino app. In this case, you use the same promo code, but it gives different rewards. For the BetMGM casino app, the promo code gives you $25 freeplay money, plus a deposit match up to $1,0000.

Here are details of the bonus code:

BetMGM Offers BetMGM Bonus Description BetMGM Promo Code
BetMGM Sportsbook Risk-Free First Bet up to $600 SAFE
BetMGM Casino $25 freeplay, plus $1,000 Deposit Match Bonus SAFE

This is a great promo code offer that BetMGM is giving to players right now. It’s great that it can be used for both the BetMGM sportsbook as well as the online casino app it runs in New Jersey.

How to Claim the Promo Code

It’s easy to claim the BetMGM “SAFE” promo code. Here’s a general step-by-step description:

  1. Download the BetMGM New Jersey app for your mobile device or navigate to their website on a desktop computer.
  2. Register for a new account.
  3. Navigate to the deposit page.
  4. When making your deposit, select the amount you want to deposit.
  5. Then, enter the bonus code “SAFE” in the box where it says Bonus Code.
  6. Click Deposit, and your funds as well as the reward from the promo code will arrive in your account.

How to Use the Promo Code

BetMGM’s “SAFE” promo code has slightly different terms and rewards for the sportsbook and casino. In the BetMGM sportsbook, using the “SAFE” promo code will qualify you for a risk-free first bet up to $600. When you are making your deposit, just make sure to enter the promo code “SAFE” when you are doing so, and deposit at least $10 in your new account.

Then, place your first bet on any sports wager of your choosing. If that first bet loses, BetMGM will return it to you with Freebets that you can use to bet again. For example, if your first wager of $600 loses, then BetMGM will credit your account with $600 in freebets to wager again.

If the first wager you place is less than $50, you will get a single freebet for that amount. For example, if your first bet of $40 loses, you’ll get a single $40 freebet to use on the site.

If your first wager is more than $50, you will be credited with multiple freebets in denominations of 20% of the total freebet earnings. For example, if your first bet of $600 loses, you’ll get five separate freebets worth $120 each.

When you are awarded with Freebets, they’ll appear as options to use when placing a wager. You can simply select “use a Freebet” when selecting the amount of your wager. You must use the freebets within seven days of them being credited to your account.

Casino SAFE Promo Code

In the BetMGM casino, the same “SAFE” promo code will work but the terms are slightly different. In the casino, you’ll get a 100% match on your first deposit up to $1,000, plus you’ll get a $25 freeplay.

If your first deposit is $1,000, BetMGM will match that and put another $1,000 in your account. If your first deposit is $400, they’ll match it with another $400. If your first deposit is $1,500, they’ll put $1,000 in your account — since that is the maximum of the bonus.

For this offer, you must make a minimum deposit of at least $10 to qualify.

The match bonus part of the promo code expires 30 days after you make your deposit. It has a playthrough requirement of 15x. For every $1 in bonus you get, you must wager $15 before you can cash it out and any winnings from it.

The freeplay you receive expires after seven days. It also has a playthrough requirement of only 1x.

Register for an Account

Once you’ve opened the app, you’ll need to register for a new account.

Click the “Register” button in the top right corner to sign up for a new account. Then, fill out all the information the app is requesting.

Keep in mind that at this point in the process, the BetMGM app will need to verify that you are physically in New Jersey when you’re signing up or logging in. This is New Jersey law.

This means you have to allow geolocation services when the app asks you for permission. If you don’t allow this — or if you aren’t located in New Jersey — you won’t be able to place bets on the BetMGM New Jersey app.

Deposit Page

Once you’re logged in, the top right corner of the app will change to show your first name and your current balance. Next to it will be a button for “Deposit.” Click on that to proceed to the next page.

Once you do, you’ll see a white screen with buttons for all the deposit methods that BetMGM offers. Click on your preferred deposit method.

At the top of this next page, the deposit method you have chosen will be laid out at the top. Underneath will be a place for you to enter in how much you want to deposit. In many cases, you can also select from pre-populated amounts, such as $50, $100 or $250.

Under the dollar amount will be a small section that describes the criteria, if any, for making a deposit with the method you have chosen. For PayPal, for example, you can use either the balance in your PayPal account or a bank account that’s linked to your PayPal account. The payment details must match the information provided when you registered for an account.

Under that section is a collapsible section. The words “Bonus Code” will have a down arrow to the right of it. Click the down arrow to expand the section.

You will now see a blank section where you can enter your promo code. In that box, type in the promo code “SAFE.”

Review that all of the information on this page is correct, including the deposit method, the deposit amount and the bonus code. Once you verified that it is, click on the green “DEPOSIT” button at the bottom of this screen.

In most cases, as long as you entered the information correct, you have enough money in your deposit method account and you qualify for the promo code, the total amount of your deposit plus the bonus you qualify for will appear in your BetMGM account right away. Again, this should appear in the upper right-hand corner of the app on the homescreen and every screen you navigate to.

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  • Earn $25 Absolutely Free
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Who Can Use the Promo Code

The BetMGM New Jersey app “SAFE” promo code only has a few restrictions on who can use it:

  • You must be at least 21 years old.
  • You must be a resident of New Jersey.
  • You must be opening a new account and making your first deposit.
  • You can also use it if you are not a resident of New Jersey. You just have to be located in New Jersey at the time you open your account, claim your bonus and make your bets.
  • You must have not used the promo code before in another state where it’s available.

How to Use Free Bets at BetMGM

If you used the promo code at the BetMGM casino, you will be given a $25 freeplay. The rules for how you use this will be slightly different than those for the BetMGM sportsbook bonus.

You must use your $25 freeplay within three days after you complete the registration of your new account. You must use it at the BetMGM casino, and you can’t use the freeplay on poker, sports or jackpot slots. You may use it on any other game in the BetMGM casino.

After you successfully used the promo code, your $25 freeplay will appear in your account summary page. It will be available for you to use once you enter a qualifying game where the bonus can be used.

How to make a profit using the Promo Code

There are a number of ways that you can use a promo code to your advantage. The idea here, of course, is to maximize your chances of making a profit with the free money that BetMGM is offering through their promo code.

Go Big

One thing many players choose to do is use their freebets on wagers that have higher payouts, but that they normally wouldn’t play. For example, you may choose to use your freebet on a three-leg parlay.

In this case, if you place a three-leg parlay wager using a $100 freebet, you could maximize your profit with the higher odds. Depending on the wagers you choose, you could get a payout of 2-1 or even much higher.

In the example photo above, the odds on the three-leg parlay are +1251. A $50 wager that wins here would return you $625.75 (once the $50 wager amount is taken out).

Try Something New

Another way to maximize your profits using a promo code is to try new wagers out that haven’t done before. This is a great way to maximize your profit while also educating yourself on different wagering types.

Go Safe

One other great way to maximize your profit is to use your freebets on a wager that has a lower payout, but a better chance at winning. For example, you can place a moneyline wager on a team that is a big favorite in the game.

The photo above shows a potential moneyline wager on England to win their match against Scotland in the Euro 2020 tournament. The odds on that are -350. This means a $50 wager would only return you $14.29 in winnings after the $50 wager is taken out. While this is a low amount for sure, it’s more of a sure thing and would return you a profit from the freebet.

Play Both Sides

Another way to maximize your profit is to use multiple promo codes, if you can find them, and place wagers on opposite sides of a spread. In this instance, you would use a freebet on the promotion above, for example, and a separate promo code for another sportsbook in tandem.

For example, you could place a $100 wager on the Kansas City Chiefs at -7.5 against the Pittsburgh Steelers using the BetMGM “SAFE” promo code. Then, you’d place another $100 wager on the Pittsburgh Steelers at +7.5 against the Kansas City Chiefs at DraftKings Sportsbook. You’d use a separate $100 freebet on each side — one from each sportsbook.

Typically, you wouldn’t want to place the same bet on two sides of a spread bet. No matter what side wins, you’d actually end up losing a little bit of money, based on the odds that are charged on the site.

However, when you are using freebets, this is a great way to maximize your profit. Why? Because you’ll essentially be guaranteed that one of these freebets will win. In that way, you’ll be assuring yourself of a $100 return on your two freebets. This will only work, of course, if you are able to find a separate promo code at a different sportsbook that qualifies in the same way as the BetMGM “SAFE” promo code.

BetMGM Promo Code Terms & Conditions

There are separate terms & conditions that apply for both the BetMGM sports and BetMGM casino “SAFE” promo code. Here are the details of them.

BetMGM Sports

The basic terms & conditions for BetMGM sports promo code are:

  • You must be a new customer making their first deposit.
  • You can’t use the Cash Out feature to cash out your wager early.
  • You must deposit at least $10 into your account.
  • Your first bet of up to $600 must lose.
  • The freebets will be credited in your account within 24 hours of the bet being settled.
  • You must use your freebets within seven days of them being credited in your account.
  • You can’t cash out your freebet. It must be wagered on a new bet.

Full terms & conditions can be found here.

BetMGM Casino

The basic terms & conditions for BetMGM casino promo code are:

  • You must be a new customer making their first deposit.
  • You must make a minimum deposit of $10.
  • The deposit match will expire 30 days after you complete your new account registration.
  • You can’t use your freeplay on poker, sports or jackpot slots.
  • The freeplay wagering requirement is 1x. This mean you must wager $1 for every $1 in freeplay you get before you can cash out the bonus and any winnings associated with it.
  • The deposit match wagering requirement is 15x. For every $1 in freeplay money you get from the deposit match, you must wager $15 before you can cash out the bonus and any associated winnings.

Full terms & conditions can be found here.

Top Current Offers Available for New & Existing Customers

In addition to the “SAFE” promo code, BetMGM runs a number of sports promotions on an ongoing basis. Here is a summary of some of the main ones.

NBA Parlay Boost Token: This boost can be used on multi-bets that have a minimum of three legs, and it must be used on NBA games. You’ll get a boost of 10% on the odds of your parlay. The maximum stake is $100.

NHL Playoff Overtime Insurance: This promotion is an Opt-In. You don’t need a promo code for it. If the NHL team you bet on loses the game in overtime, you receive your original stake back, worth up to $20 in freebets.

Hit the Cycle: You need to opt in for this promo as well. You have to complete four steps in order to receive a reward after you complete each “base.” Step 1 is a parlay boost token when you place a $10 moneyline wager on any MLB game with odds of -300 or greater. You get a risk-free token in step two when you place a $10+ parlay wager on a three-leg MLB game. The triple is a $5 freebet when you place a $10+ parlay wager of three-legs or more. And the Grand Slam is a $10 freebet when you place a MLB futures bet.

$10 Freebet: Opt into the Money Monday Club, and you’ll get a $10 freebet when you place a total of $50 in qualifying wagers for the previous week.

Bonus Type Bonus Details How to Qualify
NBA Parlay Boost 10% boost on 3+ leg parlay; $100 max stakes Opt-In
NHL Playoff Overtime Insurance Get up to $20 in freebets if your team loses in overtime Opt-In
Hit the Cycle Four “bases” of bonuses on MLB bets Opt-In
$10 weekly freebet Get a $10 freebet when you place at least $50 in wagers the previous week Opt-In

Why you should sign up with BetMGM

BetMGM is a great sportsbook app to play at when you’re in New Jersey. MGM is one of the largest casino providers in the country, and it’s very recognizable in New Jersey, with the Borgata Hotel Casino & Spa in Atlantic City. Here are some of the pros and cons of the app.

What we like:

  • Lots of great bonus options
  • Easy-to-navigate platform
  • Many sports markets to choose from
  • Great cashier options

What we don´t like:

  • Odds aren’t as great as other sites
  • Not as many wagering options for each sport
  • Not as many exotic sports markets

BetMGM Mobile Apps Available

BetMGM offers mobile apps for their sportsbook on both the iOS and Android platforms. These mobile apps are extremely easy to download and use. If you have questions about how to download, sign up and use the app, please reference the section above.

There are a number of reasons why it’s advisable to use the BetMGM mobile apps in New Jersey. First, they allow you to wager from anywhere you are, as long as you’re in the state of New Jersey. With desktop computers, for example, you can only wager when you’re sitting in front of the computer.

The mobile apps also offer advantages over just using a mobile version of the BetMGM site on your mobile device. In New Jersey, BetMGM is required to use geolocation software to verify you’re in the state of New Jersey when placing a bet.

On a desktop computer, this is done by downloading a third-party geolocation software that you must install. This isn’t possible with a mobile version of the site. As such, state law prohibits you from being able to actually place wagers on a mobile device unless you download a mobile app.

This is a good thing, though. The geolocation services are built directly into the mobile app itself. This means you don’t have to download third-party software in order to verify your location. This is actually much more secure than using the desktop version, then.

Payment options

BetMGM offers a number of deposit and withdrawal methods.

For deposits, BetMGM has 11 banking options. They are:

Deposit Method Minimum Amount Maximum Amount
Debit/Credit Cards $10 $10,000
Online Banking $10 $25,000
PayPal $10 $50,000
VIP Preferred e-Check $10 $10,000
Play+ Prepaid $10 $10,000
Mlife Rewards Mastercard $10 $10,000
PayNearMe $10 $500
Cash @ Casino Cage in Borgata $10 $50,000
Game On $10 $500
Bank Wire Transfer $1,000 $10,000
Skrill $10 $50,000

All deposits will process almost instantly once you initiate them.

BetMGM offers seven methods for withdrawal. They are:

Withdrawal Method Minimum Amount Maximum Amount Processing Time
VIP Preferred e-Check $10 $10,000 3-5 business days
Play+ $10 $10,000 Within 8 hours
PayPal $10 $10,000 Within 8 hours
Skrill
Cash & Casino Cage in Borgata $10 $100,000 Approval within 72 hours
Check by Mail $500 $50,000 7-20 business days
Online Banking $10 $50,000 3-5 business days

Note that you can also only make a withdrawal via the same method that you deposited by. If your deposit method isn’t available as a withdrawal, you can either use PayPal or get a check by mail.

More Offers & Promotions at BetMGM

In addition to the sports promotions listed above, BetMGM offers a number of ongoing casino promotions. At this time, thought, the only promotion that BetMGM Casino is offering in New Jersey is the M life Rewards program.

This is a loyalty rewards program that works just like the M life Rewards that are available at any land-based MGM casino. It actually works for sports and poker wagers as well as wagers in the casino app.

You will earn rewards points for each real money wager you make. For the casino, you can earn one point for every:

  • $5 wagered in regular slots
  • $10 wagered in progressive jackpot slots
  • $20 wagered in video poker
  • $25 wagered in baccarat, blackjack, craps and roulette

You accumulate these points and then can cash them in for bonuses such as money in freebets, entries into tournaments and swag. As you earn more credits, you’ll also be upgraded to higher tiers, which will earn you more perks and rewards with BetMGM.

Customer Service

If you’re having issues with your promo code, BetMGM offers a few different options for how you can get in contact with their customer service.

The most convenient option is the live chat feature, which is available right from the mobile app. Just click on chat, and you’ll be connected to one of the live chat representatives who can answer any of your questions. Not only is this available 24/7, it’s instant help you can get without exiting the app.

They also offer a FAQ section that answers some of the most common questions about the app or promo codes. You can even search the Help section through the app if you have a more specific question.

BetMGM also has social media pages on Facebook, Twitter and Instagram where you can reach out for more help if needed.

$25 Free + 100% Bonus up to $1,000

14/07/21

$25 Free + 100% Bonus up to $1,000

  • Fantastic Mobile Betting Platform
  • Many Diverse Betting Markets Available
  • Earn $25 Absolutely Free
9.2
5 Stars
NO CODE REQUIRED
Play Now
Learn More
0

Promo Code FAQs

Tim Ronaldson
Tim Ronaldson