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BetMGM bonus codes and Caesars Sportsbook promo code: Up to $2.5K total value or $1,200 in bonus bets with any weekend wager

Penn State quarterback Drew Allar (15) in action during the second half of an NCAA college football game against Maryland, Saturday, Nov. 4, 2023, in College Park, Md. Penn State won 51-15.

The current BetMGM bonus code and Caesars Sportsbook promo code unlock generous welcome offers for new bettors across the country.

BetMGM currently offers two promotions for new users: a 20 percent deposit match with a $1,500 cap or a $200 bet and get. The deposit match promotion can be unlocked using the BetMGM bonus code TRIB1500 while the bet and get uses the BetMGM bonus code CTNEWSGET.

Caesars Sportsbook, meanwhile, offers new players a $1,000 bet insurance promotion. This offer is accessible using the Caesars Sportsbook promo code CTNEWS1000.

If you’ve already signed up with BetMGM or Caesars Sportsbook and interested in trying another sportsbook, check out the ESPN BET promo code offer to sign up.

BetMGM bonus code, explained

As noted above, BetMGM has two promotions available for new users throughout the country: either a 20 percent deposit match offer with a $1,500 cap or a bet $10 on any market and get $200 in bonus bets. These offers are accessible using the bonus codes TRIB1500 and CTNEWSGET, respectively.

The module below will get new users across the country started with BetMGM. From there, they’ll need to meet the specific deposit and wager requirements. While those vary for each promotion, we’ll explain more below, both offers require new users to place their first wager in cash.

For the deposit match promotion, new users will need to wager a complete total of $7,500 to get the full $1,500 in bonus bets. Additionally, they’ll need to wager 10x the amount of bonus bets they receive, within the first 30 days of registering their account.

The bet and get offer simply requires new users to place an initial cash wager of at least $10 on any market. Regardless of how that wager settles, they’ll get $200 in bonus bets.

Both of these offers are limited to new customers, who are at least 21 years old and present in a legal sports betting state. New players do not need to be a resident of the state to take advantage of the offer, but must be within state limits which the sportsbook will verify using geolocation data.

Unfortunately, neither BetMGM offer is available in New York or Washington D.C.

Caesars Sportsbook promo code

Caesars Sportsbook has one welcome offer for new users across the country — a $1,000 bet insurance promotion — and an exclusive promotion for Maine residents, which we’ve outlined below.

The welcome offer, which is accessible using the bonus code CTNEWS1000, will give new users their complete stake back in bonus bets — not exceeding $1,000 — if their first wager loses. There is no specific wager requirement for this promotion so as long as new users place their first wager in cash and it is not over $1,000, they’ll be covered.

In addition to the welcome offer, Caesars Sportsbook also offers an exclusive Maine promotion where new bettors who bet $50 will get $100 in bonus bets regardless of how that first wager settles.

This promotion is accessible for eligible users through the module below and by deploying the bonus code CTNEWSME.

To claim this promotion, new users must be within Maine state limits and over the age of 21.

How to wager over the weekend

Michigan Wolverines (-210) vs. Penn State Nittany Lions (+170)

The undefeated Wolverines travel to University Park for a huge Big Ten matchup, with some potential playoff implications.

Both teams play at a slower, more physical pace. Michigan’s secondary has proven itself as one of the best in the country, which bodes poorly for Penn State QB Drew Allar.

While he’s been dependable for the Nittany Lions, he hasn’t had to do much to win. The rushing attack has been the focal point of the Penn State offense and Allar has thrown, it’s typically been short routes in the flat or along the sidelines.

The Penn State offense will be facing one of the best all around defenses in the country though. Michigan has been able to stifle opponents all season. That said, the Wolverins have had a relatively easy schedule, with the only real test coming against unranked Purdue.

The Nittany Lions one loss came against Ohio State which is a potential preview for this Saturday’s game. The Buckeyes dominated the time of possession and eventually just wore down the Nittany Lions. Even with the commanding statistical lead, the Buckeyes only won that game by eight points.

Michigan’s offense is also very run heavy, they don’t make a ton of huge plays down field. They rely more on consistent offensive gains to slowly tire out their opponent, they’ve controlled time of possession in seven of their nine wins.

Overall, the Wolverines are 4.5 point favorites with the O/U at 45.5. Given how much both teams like to control the time of possession and how strong both defenses are, bet the under here.

How to sign up with either sportsbook

While each of these promotions has specific nuances around wagering amount, there are some general similarities in the restrictions. For example, all of the offers listed in this piece are limited to new customers who are at least 21 years old and present in a legal sports betting state.

To take advantage of any of these offers, new users will need to click the relevant module above and use the relevant code to sign up for an account: TRIB1500 or CTNEWSGET for BetMGM; CTNEWS1000 for Caesars Sportsbook.

From there, new users will need to meet the deposit or wager requirements for each offer.

The BetMGM bet and get requires users to place an initial wager, in cash, of at least $10 to trigger the promotion. Regardless of how that bet settles, they’ll get $200 in bonus bets.

BetMGM’s deposit match offer, on the other hand, requires new users to wager $7,500 total to get the full $1,500 deposit match. In addition, they will need to wager 10x times the amount of bonus bets they earn over the first 30 days of their account to earn the full bonus bet value.

New players claiming the bet insurance promotion on Caesars Sportsbook will need to place they first wager in cash. They can place any value wager they choose, but it will only be covered up to $1,000.

If that first cash bet wins, they’ll collect the profit but won’t earn any bonus bets.

However, if that initial wager doesn’t hit, new users will get their full stake back in bonus bets — capped at $1,000.