This is why the first bet insurance offer isn't a guaranteed $1,500, or anywhere close - if you lose your first bet then lose the bonus bets, you can end up with nothing. If the Jets lose, your bonus bet just goes away.If the Jets win, you'll win $22 in cash, but you don't keep the bonus bet itself.Let's say you put $20 in bonus bets on the Jets +110 against the Bills in NFL Week 1. So if you're looking for an easy introductory offer, BetMGM Kentucky is perfect.īet365 Kentucky ($365 in bonus bets with a $1 wager) and FanDuel Kentucky ($100 in bonus bets with no deposit, plus $100 off NFL Sunday Ticket) are also offering pre-launch offers in the Bluegrass State.īetMGM bonus bets work like any other sportsbook - you keep any profit, but not the bonus bet itself. That means you'll need to actually bet $1,500 to see the full value, and you'll get paid back in bonus bets, not cash.

In most other states, BetMGM is offering a $1,500 first bet on the house - that means you'll get refunded in bonus bets equal to whatever you lose on your first bet, up to $1.5k. Once the book goes live, it's almost a certainty that there will be a deposit required. BetMGM Sportsbook will go live in Kentucky in about a month, and on Wednesday, the King of Sportsbooks released a KY pre-launch offer - $100 in bonus bets with no deposit required.

Sports betting no deposit codes