If your bet loses, your account will be credited with the same value in as a BetMGM bonus bet. All you have to do is make a deposit of no less than $10 and wager that $10 (or more) as your first bet. Our BetMGM sportsbook review found that new players on the site are eligible for a $1,000 bonus bet. Bonus offer - take your pick from 2 great offers!