BetMGM Promo Code | Claim Bonus Up To $1,050 For Thanksgiving NFL Betting

Posted By Kyle Johansen on November 23, 2021 - Last Updated on November 24, 2021

It’s the week of Thanksgiving and there’s actually no better time to sign up for online sportsbooks considering the bonuses and promotions that are being offered at this point in the year. The latest comes from BetMGM Sportsbook, which has an exciting offer for anyone looking to place some bets on Thursday while enjoying the holiday.

Thanksgiving NFL Betting Promo | New Users Get up to $1,050 In Bonuses At BetMGM For Week 12

BetMGM’s welcome bonus offers new customers a $50 free bet just for signing up, plus a risk-free bet of up to $1,000 for your very first wager! That’s $50 to use anywhere on the sportsbook you’d like just for signing up, plus the huge risk-free bet to help put you ahead of the game from the beginning of your betting journey.

The best part? It’s an incredibly easy deal to take advantage of. All you need to do is create a new BetMGM account and after you’ve completed your verification, the $50 free bet will be attached to the account.

To take advantage of the full risk-free part of the promotion, deposit at least $1,000 and use that amount as your first wager. If it loses, you will be reimbursed with free bets equalling your losses, up to $1,000.

For example, if you deposit $2,000 and your first bet is placed at $1,000 and loses, you will receive five (5) $200 free bets as compensation. (Important: do not use the $50 bonus as your first bet because you will no longer be eligible for the $1,000 worth of free bets. Use your initial deposit to place your first wager.)

The free bets will always be in bunches of five, each at 20% of what you wagered. For example, if you wagered $500 on your first bet and it loses, you would receive five $100 free bets. It’s beneficial that the free bets are broken into five separate pieces, rather than making you go all or nothing on your next bet, which is how most risk-free bet offers work.

Sign Up For BetMGM & Get A Bonus Up To $1,050 For Week 12!

Since this promotion is right in the middle of NFL season, the timing is perfect to sign up for Week 12 action on Sunday and Monday! In case you’re looking for guidance, here is some of our weekly content to refer back to before making picks:

BetMGM Week 12 NFL Promotions | Thanksgiving NFL Betting Promos

After receiving your welcome bonus, BetMGM customers are also eligible for a wide range of NFL-related promotions each and every week of the season, including the following:

BetMGM Risk-Free Touchdown Bet

All that’s required is placing a first touchdown scorer bet on any Weel 12 NFL game. If your wager loses, BetMGM will refund the bet up to $25! These bets generally come with pretty huge odds, so a $25 bet would be entirely risk-free while still offering the chance to win a pretty heft profit!

NFL One Game Parlay Insurance

BetMGM is one of the many sportsbooks that offer the chance to combine multiple markets from the same game into a parlay. and it is also allowing bettors to do it risk-free in Week 12. All you need to do is place a one game parlay of 4+ legs on any NFL contest, and the site will offer a refund of up to $25 in site credit if it loses.

BetMGM NFL Week 12 Promotion Eligibility

You must be 21 years old and make your first deposit to your BetMGM Sports account prior to 12/31/21. If you cash out your first bet with BetMGM, you will no longer be eligible for the promotion. In order to access BetMGM Sportsbook, you must be located in one of the following states (plus Washington D.C.):

  • Arizona
  • Colorado
  • Indiana
  • Iowa
  • Michigan
  • Mississippi
  • Nevada
  • New Jersey
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia

Keep in mind that free bets can only be used in the sportsbook and must be used within seven days. You also can’t “Cash Out” early on a free bet like you can on a standard bet. Free bets will appear in your account within 24 hours.

NFL Week 12 Thanksgiving NFL Betting Preview

Week 12 in the NFL kicks off with the Chicago Bears visiting the winless Detroit Lions at 12:30 p.m. ET. While it’s not the matchup of your Thanksgiving dreams, an otherwise boring game can become appointment television if you can bet on it or have fantasy players involved. The Bears opened as a 3-point favorite and have been bet up to -3.5 despite their uncertainty at quarterback. The total opened at 45 and is currently 41.

The second Thanksgiving game gets the juices flowing a bit more as the Las Vegas Raiders travel to Dallas for a 4:30 p.m. ET kickoff. This game opened at Cowboys -7, and the spread hasn’t moved. The total has ranged from as high as 54.5 to as low as 50.5, depending on where you look.

The nightcap might be the most competitive game as the Buffalo Bills travel to New Orleans, kickoff at 8:20 p.m. ET. The total has moved down from 48 to 46 while the spread has stayed at Bills -4.5 as road favorites. Both teams have been impossible to figure out as of late and the Saints remain banged up on offense.

Alvin Kamara did not practice Monday and is questionable, so if you like New Orleans, wait to find out his status. If you like Buffalo, I’d bet them now before Kamara is announced out. If he’s in, I don’t think this number will come all the way back through the 3, but if he’s out, I could see this getting up to -6 by kickoff.

Sign Up For $50 Free & Up To $1,000 Risk-Free For Thanksgiving NFL Games!

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