BetMGM Illinois Bonus Code – ODDS100 | $1,000 Risk-Free Bet

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Use BetMGM IL Bonus Code ODDS100

Editorial Rating

5/5

Deposit Methods

Key Features

BetMGM IL Bonus Code

BetMGM IL bonus code ODDS100 gives you access to a risk-free bet up to $1,000

BetMGM is one of our vetted sportsbook partners. If you sign up for BetMGM through one of our links, we may receive compensation. This allows us to keep this site free and doesn't affect our ratings or opinions in any way.

BetMGM went live in Illinois on March 5, 2022, nearly two full years after the sports betting market in the Prairie State got underway. It’s one of the most elite sportsbooks in the country, with a presence in at least 17 states, offering a great sign up bonus, competitive odds, and much more.

This guide goes over how to use the BetMGM IL bonus code to get the sign-up bonus, as well as everything else you need to know to decide whether it’s the right Illinois sportsbook for you.

BetMGM Illinois Bonus Code & Sign Up Bonus

BetMGM Illinois offers a risk-free bet of up to $1,000 as a sign-up bonus for new customers. The intro promo gives you a safety blanket for your first wager on the sportsbook. If the bet loses, BetMGM will fully refund the staked amount in free bets, up to $1,000.

Use BetMGM IL bonus code ODDS100 to receive the promo. You can sign up and sign up and access the $1,000 risk-free bet here.

Read on to learn the most important details of the BetMGM IL bonus or check out our dedicated page to the BetMGM bonus code and sign-up promo.

>> Ready to join BetMGM IL? Sign up & use bonus code ODDS100

How to Use the BetMGM IL Promo Code for the Sign-Up Bonus

As mentioned, there’s no BetMGM IL bonus code required to get the intro promo. To claim the offer, follow these few simple steps: 

  1. Hit this link to navigate to the BetMGM IL homepage. 
  2. Click on the Register button. 
  3. Follow the on-screen prompts and provide the necessary details. When you get to the bonus code section, use ODDS100.
  4. After completing the registration, go to the deposit page and top up your account with at least $10. 
  5. Place a bet on a sporting event of your choosing. a. If it wins, you will collect your payout as usual.
    1. If it wins, you will collect your payout as usual.
    2. If your first bet loses, the sportsbook will issue a refund equal to the wagered amount, up to $1,000. If you wager $1,000, you'll receive $1,000 back; if you wager $1,500, you'll still only receive $1,000 back as free bets.

Free bet refunds are allocated in installments or as a lump sum, depending on the staked amount:

  • If the first bet is $50 or less you receive one single bet that matches the wagered sum. 
  • If the first bet is $51 to $1,000 the refund is paid in five installments, each worth 20% of your first bet. For example, if you bet $1,000, you will receive five free bets of $200 each.

Important Information About the BetMGM IL Intro Promo

  • Time to use: The free bets must be used within 7 days of issuance. It's a shorter period than with other books, but that's basically the only downside we’ve found with the BetMGM IL welcome bonus, so there isn't any reason to shy away from the promo.
  • Wagering requirements: There are no additional wagering requirements other than the 1x rollover that comes with every free bet. If your free bet wins, you can cash out the profit right away. 
  • Eligible markets: There are no odds or market restrictions associated with the welcome bonus. You can take the White Sox on the moneyline when they’re the heavy favorites or place a props bet on the Bulls—the refund applies either way. 

>> Ready to join BetMGM IL? Sign up & access the $1,000 risk-free bet here

BetMGM Sportsbook IL Background & Quick Review

BetMGM was established by MGM Resorts and Entain, two gambling juggernauts. Since its debut in New Jersey in July 2018, it has expanded its digital footprint to nearly every state with legal sports betting

It's a market leader in each of those jurisdictions, with FanDuel and DraftKings as its main competitors. 

BetMGM is usually one of the first operators to launch when a new sports betting market opens for business, but that wasn’t the case in Illinois. It went live in the Prairie State as the seventh sports betting app on March 5, 2022—the same day the in-person registration requirement was abolished. 

We consider BetMGM to be one of the best sportsbooks in Illinois. The site offers an impressive welcome bonus, plenty of ongoing promotions, competitive odds, a wide range of markets and sports to bet on, and a fantastic user experience.

Ratings by category

Overall Rating

5/5

Odds Competitiveness

5/5

Intro Promo

4.5/5

Promos & Odds Boosts

5/5

Sports & Bets Offered

5/5

User Interface

5/5

Deposits & Withdrawals

5/5

Customer Reviews

5/5

Education & Resources

5/5

Pros & Cons

BetMGM IL Odds Competitiveness

BetMGM has some of the most competitive odds among Illinois sportsbooks when it comes to major bets, namely moneylines, spreads, and totals. This goes for both mainstream sports and niche markets. 

On spreads and totals, you can expect the standard -110 odds. There are also competitive moneyline (“straight up”) odds compared to other books.

We always encourage our readers to compare the lines and odds of different sportsbooks before placing a bet. While BetMGM generally has some of the best odds, you may be able to find a better price at another site for a specific game. You can learn how to read odds here and see what kind of payout you can expect for your bet. 

>> Ready to join BetMGM IL? Sign up & access the $1,000 risk-free bet here

BetMGM IL Odds Boosts, Promotions, & Rewards Program

The risk-free bet up to $1,000 steals the spotlight when it comes to promotional offerings at BetMGM IL, but there are plenty of other deals worth checking out. These include odds boosts, sport- and market-specific promotions, and the loyalty program.

Odds Boosts

BetMGM doesn’t have a dedicated “Odds Boost” lounge per se, like some of its competing books. Instead, the markets with the boosted prices appear in a section called “Lion's Boost,” which is under “Events” within a particular sport. 

Boosts are of the garden variety—20% to 25%—and you will typically find between 5 and 10 Lion's Boosts on any given day. During the offseasons of major sports, they are few and far between.

Promotions

BetMGM is one of the most generous sportsbooks when it comes to ongoing promos for existing customers. You can grab a lot of promo dollars, whether through periodic specials or regular parlay boosts. 

Here are some of the promotions BetMGM IL has offered in the past: 

  • Refer a friend: Invite as many as 20 friends to join BetMGM, and get a $50 referral bonus when they sign up and deposit. This can earn you up to $1,000. 
  • 10% Parlay boosts for March Madness: BetMGM offered two 10% parlay boosts for the 2021 March Madness NCAA hoops tournament. 
  • One Game Parlay Insurance: If only one selection of your 3+ leg parlay loses, you’ll get cashback up to $25. 

BetMGM IL Rewards Program

BetMGM has recently unveiled its rebranded loyalty program called BetMGM Rewards. It consists of 5 tiers—Sapphire, Pearl, Gold, Platinum, and Noir—and utilizes the points-based structure. The points accumulation depends on the type of bet: 

  • $100 on straight bets = 20 points 
  • $100 on parlays = 50 points 

You can redeem these points for online perks (free bets) or exchange them for complimentary stays and other benefits at MGM Resorts properties across the country. 

>> Ready to join BetMGM IL? Sign up & access the $1,000 risk-free bet here

BetMGM IL Sports Offered

Sports Offered

Sports Not Offered

One of BetMGM’s many qualities is its market range, which is nothing short of impressive. There are odds on a dozen sports, including the Big 4 leagues and popular markets like NASCAR, soccer, golf, and tennis. 

Illinois is home to a rich sports scene with representatives in all four major leagues, all of which are based in Chicago. If you want to put a few bucks down on local teams, here are your options with BetMGM IL: 

  • Chicago Cubs and Chicago White Sox: Apart from the standard MLB bets, BetMGM offers a slew of innings specials such as “How many runs will the Cubs score in the 1st inning (the line is set at 0.5)?” Or a yes/no prop on whether or not there will be a run in the 1st inning. There are also run lines and totals for the first 5 and 7 innings in addition to player props related to main statistical categories—runs, RBIs, stolen bases, and strikeouts. 
  • Chicago Bears: BetMGM has a diverse NFL betting portfolio with options ranging from full-time/half-time spreads, totals, and moneylines to player and game props. Also, you can bet on the Bears to make the playoffs, win their conference/division, or win the Super Bowl. 
  • Chicago Blackhawks: BetMGM offers one-game parlays for Blackhawks’ matchups in addition to period and game lines. You can also try to predict the correct score or goalscorers. 
  • Chicago Bulls: You’ll find all kinds of pre-game and in-play odds and lines for Bulls’ games. As for the NBA-specific options, halves/quarter bets stand out. You can bet on the Bulls to score more or fewer points in the first quarter than the BetMGM line indicates. 

BetMGM also has in-depth coverage of MLS and WNBA, so you can bet on Chicago Sky, Chicago Fire SC, and Chicago Red Stars. 

BetMGM Sportsbook IL Types of Bets

BetMGM IL features all the standard betting options available in other sportsbooks. More specifically, here are the types of bets you’ll find: 

Illinois law allows betting on in-state college teams, but only in-person at a retail sportsbook. BetMGM hasn’t yet established a land-based sportsbook in the Prairie State, so if you want to bet on the Wildcats, Huskies, or Redbirds, you’d have to go to some other sportsbook. 

BetMGM IL Live Betting

To access the in-play betting lobby, click the “Live” icon next to the “Home” button in the top menu. All major sports are covered in the live betting program, in addition to tennis, soccer, golf, and other secondary markets. 

BetMGM also offers live streaming on all televised marquee events (including all Bulls games), but this is only available to registered users. The game also has a stats chart with tons of data that will help you better grasp how the game plays out. 

BetMGM IL Same Game Parlays

The same-game parlay feature has become a staple for U.S. bookmakers ever since FanDuel pioneered it. Every sportsbook has its own terminology with regards to same-game parlays. 

BetMGM specifically calls these “One Game Parlays” and enables bettors to place multiple bets within the same game. This way, you can build your parlay or choose from pre-made ones within the program.

Signing Up for BetMGM Illinois

You don’t have to be a resident of one of the states where BetMGM operates to sign up for the sportsbook, but you must be located in one of the states to place bets. The only other restriction is that you must be at least 21 years old.

To sign up for BetMGM, you’ll have to fill out some basic information including:

  • Email
  • Password
  • Name
  • Last 4 digits of Social Security number
  • Date of birth
  • Address
  • Phone number

After filling out this information, you may be asked to upload a government-issued ID (such as a driver’s license or passport) to verify your identity. 

The whole process is quick and easy and should only take a few minutes. You can get an idea of what the registration screen looks like in the following mobile app screenshots (click to expand):

BetMGM Illinois Deposit & Withdrawal Methods

BetMGM offers a solid range of banking methods, including popular deposit and withdrawal methods like Visa and PayPal. Deposits start at $10 and the minimum withdrawal amount is $20 for all options. There aren’t any fees associated with the transactions, although your bank may charge some. 

BetMGM IL Deposit Methods

Payment method Minimum deposit Time

Visa/Mastercard debit card

$10

Instant

VIP Preferred

$10

Instant

PayNearMe

$10

Instant

Electronic transfer

$10

Instant

Online banking

$10

Instant

ApplePay

$10

Instant

BetMGM IL Withdrawal Methods

Method Min Withdrawal Withdrawal Time

Visa/Mastercard debit card

$20

3 to 5 business days

PayPal

$20

Within 24 hours

VIP Preferred

$20

3 to 7 business days

Online banking

$20

1 to 3 business days

Instant banking

$20

2 business days

Play+ Prepaid Card

$20
Within 6 hours

BetMGM IL Sportsbook User Experience

BetMGM IL offers a smooth and intuitive interface. Featuring a familiar layout, the site is sharp-looking and responsive. The Jamie Foxx promo banner doesn’t feel intrusive whatsoever and doesn’t take up too much of the real estate.

The search option makes it easy to find a betting option within seconds. In this regard, BetMGM has an advantage over DraftKings, which has yet to introduce this feature. 

Bet placement goes without a hitch. You can access your betting history from the slip menu by clicking “My Bets.” Additionally, there is the option to accept any odds updates automatically. Still, I do not recommend it for high rollers since even small changes in odds may significantly impact the EV. 

BetMGM IL offers iOS and Android mobile apps, and both passed my functionality benchmark test with flying colors.

BetMGM Mobile App Screenshots

BetMGM Website Screenshots

BetMGM Illinois Background

Illinois approved sports betting legislation on June 3, 2019, and the first bet was taken at Rivers Casino on March 9, 2020. 

The first online books went live on June 18, 2020 (with BetRivers leading the charge). Illinois law initially mandated in-person registration, but the requirement was permanently lifted on March 5, 2022. 

BetMGM submitted a license application to the Illinois Gaming Board in September 2020 but wasn’t approved until January 2022. The sportsbook launched on March 5, 2022, as Illinois's seventh sports betting app. Its land-based partner is East Peoria's Par-A-Dice Hotel & Casino.

BetMGM Illinois Customer Support

Although the customer support link is easily accessible, getting assistance is a bit challenging. Once you open the “Help & Contact” menu, you’ll have to go through a series of suggested questions before getting in touch with the support representatives. 

Currently, BetMGM only offers email support to Illinois residents. They're likely to add a live chat service shortly. 

BetMGM Illinois Alternatives

As our highest-rated sportsbooks, there aren't many better options than BetMGM. There are a few other sportsbooks that may be a better fit for you depending on what you're looking for, however.

Here are some BetMGM Sportsbook alternatives to consider:

  • If you want a better intro promo: PointsBet (2 second chance bets up to $2,000)
  • If you prefer a deposit match welcome bonus: DraftKings
  • If you want a better user interface: FanDuel
You can also check out our BetMGM comparison articles to see how it stacks up to some popular competitors:

Want to compare BetMGM Sportsbook with other options? Use our free sportsbook comparison tool.

BetMGM Illinois FAQs

Is BetMGM Illinois legal? 
Yes, BetMGM is legal in Illinois and licensed by the Illinois Gaming Board. 

How old do you have to be to bet with BetMGM Illinois?
You have to be 21 and older to play with BetMGM Illinois and located within state lines when placing the wager. 

Does BetMGM Illinois offer a no deposit bonus?
No, BetMGM Illinois doesn’t offer no deposit bonuses for its newcomers. In fairness, neither do any of its competitors. 

When did BetMGM Illinois go live?
BetMGM launched in Illinois on March 5, 2022. 

Do you have to visit a physical sportsbook or casino to register for a BetMGM Illinois account?
No, not since the in-person registration rule was lifted on March 5, 2022. You can complete the registration and activate your account online.

Can I bet on college teams in Illinois with BetMGM Illinois?
Unfortunately, you can’t. As per the law, one has to go to a retail sportsbook in Illinois to bet on in-state college teams, and BetMGM doesn’t currently operate a land-based betting shop.

Does BetMGM Illinois offer an online casino?
No, because online casino gaming isn’t legal in Illinois.

>> Ready to join BetMGM IL? Sign up & access the $1,000 risk-free bet here

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Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.