BetMGM March Madness Bonus Code: $1000 Risk Free Bet with NJCOM1000

Arizona is looking for a worthwhile team to capitalize on your risk free bet at BetMGM. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports

March Madness is finally starting this week after Selection Sunday ended yesterday and BetMGM is celebrating by giving new users the chance to claim a $1000 risk free bet using code NJCOM1000.

Risk-free first bet up to $1,000

New customers only. Must be 21+. NY, NJ, CO, DC, IA, IN, MI, LA, NV, PA, TN, WV, IA, VA, WV, WY only. Full T&Cs apply.
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Promo code NJCOM1000 is all you need to claim this excellent offer from BetMGM, this offer is available to new customers only.

Tomorrow is the First Four of March Madness where you can now get a $1000 risk free bet to wager on these games thanks to BetMGM’s extremely generous offer.

FanDuel Sportsbook logo Get a $1000 risk free bet Request this offer 21+. New customers only. AZ, CO, CT, IA, IL, IN, LA, MI, NJ, PA, TN, VA, WV only. The terms and conditions apply
bet365 logo Wager $1 and get $200 in free bets Request this offer Only for new players aged 21+. Only available in New Jersey. $10 security deposit required. Free bets are added to the free bet balance. The risk of a free bet is excluded from the return. The terms and conditions, deadlines and exclusions apply.
DraftKings Sportsbook logo GET $50 FREE BET ON FIRST DEPOSIT + DEPOSIT BONUS UP TO $1000 Request this offer First time deposit only. 21+. NY/NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only. Deposit bonus given out as location credit. Full T&Cs apply.
Caesars Sportsbook logo Get up to $1100 in First Bet Insurance Request this offer Promotional code MAXSPORTNJNEW must be used. New players only, 21+ or older. NY only. Full T&Cs apply.
BetMGM logo Risk-free first bet up to $1,000 Request this offer New customers only. Must be 21+. NJ, CO, DC, IA, IN, MI, NV, PA, TN, WV, IA, VA, WV, WY only. Full T&Cs apply. *The 1-year free subscription is only available to New Jersey players.

More on the best sports betting sites

  1. Go to BetMGM Sportsbook about the offer above
  2. Click the Register button.
  3. Enter your details and confirm them
  4. Enter the code NJCOM1000 when prompted
  5. Read the terms of the offer carefully
  6. Finish setting up your new sports betting account
  7. Make your first deposit of $10
  8. Make your first deposit of $10+ and place your first MM bet risk free
  9. A winning bet is paid to you as normal
  10. A losing bet will give you a free bet worth your stake up to $1000
  11. The free bet expires after seven days and cannot be exchanged for real money

To claim BetMGM’s generous new offer, simply go to their sportsbook via the offer above and remember to take part NJCOM1000 during registration.

After your account is created, simply deposit at least $10 and place your first risk free bet on March Madness.

If this bet wins, you get your winnings and stake back like any other winning bet.

Should this bet lose, you will receive a free bet equal to your original stake up to $1000.

This free bet will be credited to your account within 24 hours of your qualifying bet being settled, however you will not be able to withdraw this free bet for real money at any time.

You only have seven days to use this free bet and your token will expire if you don’t use it within that timeframe.


This sporting promotion is available to eligible customers from 02/01/21 00:00 EST to 12/31/21 23:59 EST. If we decide to withdraw this sporting promotion, qualifying bets placed by you during the promotional period prior to such withdrawal will not be affected.


  • This sports promotion is open to players who are in the relevant state at the time of wagering, are 21 years of age and make their first deposit into their online BetMGM sports account between 12:00 PM EST on 2/1/21 and 11:59 PM EST 12/31/21
  • Employees of BetMGM (the “Promoter”), an advertising agency or web company affiliated with the Promoter, or representatives of any such person or members of their families or household members are not eligible to participate in this Sports Promotion.
  • The organizer reserves the right to check the eligibility of all participants.
  • Please note that online customers who take advantage of this sports promotion are not eligible to receive any other “new customer” sports promotion offers.
  • If you decide to cash out your first bet early using the Cash Out or Auto Cash Out features, you will no longer be eligible for the Risk Free First Bet promotion.
  • If you choose to edit your first bet using the Edit My Bet feature, you will no longer be eligible for the Risk Free First Bet promotion.
  • If you choose to have your first bet void, you will no longer be eligible for the Risk Free First Bet promotion.


  • To claim this sports promotion, you must deposit at least $10 into your account and place any sports bet as your first real money bet after opening your account. Only the first $1000 of the first bet is eligible for this promotion.
  • A bet will not be considered a qualifying bet for purposes of this sporting promotion if void for any reason.
  • If you place your qualifying bet and your bet loses, you are eligible for risk free free bets up to $1000.
  • The maximum qualifying free bet refund (losing the first sports bet) for this bet is $1000.
  • If your qualifying bet loses and is greater than $50, you will be refunded Freebets equal to 20% of the total Freebet earnings for which you are eligible. If your qualifying bet loses and is less than $50, you will receive free bets back in a single denomination equal to the total number of free bet earnings to which you are eligible.
  • Example 1: If you deposit $1,000 and place a bet of $1,000 and that bet loses, you will receive $1,000 in freebets.
  • The free bets will be divided into five (5) $120 free bets
  • Example 2: If you deposit $49 and place a bet of $49 and that bet loses, you will receive $49 in freebets.
  • The free bet will be a single $49 free bet
  • All free bets will be credited to your account automatically within 24 hours of the event ending.
  • Free bets are limited to one per person, household (IP address) and/or computer.


  • Free bets can only be redeemed online or via the app and must be used within 7 days of being credited to your account.
  • Free bets cannot be redeemed for cash at any time.
  • Freebets cannot be redeemed on Poker, Casino, Live Casino, Games or Slots.
  • Free bets do not count towards qualification for any other promotional offer.
  • Please note that the value of your free bet is not included in the winnings.
  • Your Freebet will not be refunded if your Freebet stake becomes void.
  • You cannot “cash out” your free bet(s).
  • The same maximum withdrawal limits set out in our Website Terms and Conditions apply equally to this sports promotion.


  • This sports promotion cannot be used in conjunction with any other BetMGM sports promotion.
  • Users who have played under the app name “playMGM Sports” are not eligible for welcome offers under the app name “BetMGM Sports” unless otherwise stated in the terms and conditions of that specific promotion.
  • We reserve the right to change or terminate any sports promotion if required for legal and/or regulatory reasons.
  • If you have placed one or more qualifying bets in relation to that sporting promotion and your bet levels are subsequently restricted by us, we will ensure that this does not materially affect your ability to meet the qualification requirements for that sporting promotion (if any). ) or to take full advantage of the free bets available.

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