In the world of online gambling, BetMGM is making waves with its enticing bonus offers. This week, players have the opportunity to unlock big bonuses with a variety of BetMGM bonus codes. Let's take a closer look at the three offers available and how they work.

The first offer, NYPNEWS1600, is available in all BetMGM locations except for New York, Kentucky, and Washington D.C. With this code, players can enjoy a 20% deposit match, up to a maximum of $1,600 in bonus bets. However, there is a catch. In order to cash out, players must wager 10 times the bonus amount within the first 30 days. For example, if a player deposits $1,000, they will receive $200 in bonus bets, but they must wager $2,000 to be eligible for withdrawal.

The second offer, NYPNEWS, is available in the same states as the deposit match, with the addition of Kentucky. With this code, players can place their first bet of up to $1,500 on the house. If the bet loses, the player will be refunded in bonus bets equal to the amount lost.

The third offer, NPNEWSGET, is exclusive to New Jersey, Pennsylvania, Michigan, and West Virginia. With this code, players simply need to bet $10 on any market at "standard odds" to receive $200 in bonus bets.

It's important to understand how these offers work before diving in. With the deposit match, players receive 20% extra in bonus bets on top of their initial deposit. These bonus bets can be used on any game or bet, providing players with extra opportunities to win. However, the catch is that players must wager 10 times the bonus amount within the first 30 days. Failure to do so will result in the forfeiture of the bonus bets and any profits made from them.

The second offer allows players to make their first bet risk-free. If the bet loses, the player will receive bonus bets equal to the amount lost. These bonus bets must be used within seven days and are refunded in five increments. For example, if a player places a $500 bet on Alabama to beat Michigan at +100 and Alabama loses, they will receive $500 back in bonus bets split into five $100 increments.

The third offer is the most straightforward, available in four states. Players simply need to bet $10 on any market at "standard odds" to receive $200 in bonus bets. These bonus bets also come in five increments and must be used within seven days.

To take advantage of these offers, players can download the BetMGM app or visit BetMGM.com. It is crucial to enter all personal information accurately, as BetMGM requires verification. Players must also enter the appropriate bonus code for the desired offer and make a first deposit of $10 or more.

When deciding which offer to choose, players should consider their bankroll and how frequently they plan to use BetMGM. If players want to experiment with bonus bets and are located in New Jersey, Michigan, Pennsylvania, or West Virginia, the NPNEWSGET offer is a great choice. For those planning to use BetMGM regularly, especially in the first month, the deposit match with NYPNEWS1600 is recommended. If players are unsure about committing to BetMGM or simply want a risk-free first bet, the NYPNEWS offer is the way to go.

It's important to understand how BetMGM bonus bets work. While players keep any profits made from bonus bet wagers, the bonus bet itself is not included in the winnings. For example, if a player uses a $50 bonus bet on the Lions at +200 against the Cowboys and the Lions win, the player will profit $100 ($50 x 2.0). However, the player will not keep the $50 bonus bet itself.

Additionally, it's crucial to note that bonus bets expire within seven days and are distributed in pre-split increments. If a player receives less than $50 in bonus bets, it will be given as a single chunk. If a player receives more than $50, it will be split into five increments. For example, a $2,000 deposit with the deposit match will result in five $80 bonus bets.

To get started on this exciting gambling journey, players can download the BetMGM app and take advantage of these enticing bonus offers.