New customers at BetMGM Sportsbook are being offered the chance to jump on some fantastic promos ahead of Week 3 of the NFL season and Week 4 of the college football season.

Like many of its competitors, BetMGM is giving away a welcome bonus, but unlike its competitors, there is no rollover required in order to cash out your winnings from the free bet. So what's on offer? Well, a free $1,000 bet!

All you have to do is be a new customer to the sportsbook, make your first deposit, and make your first bet of up to $1,000. If your bet loses, BetMGM will give you a free bet worth up to $1,000 (matching the value of your initial losing wager). You must use your free bet within seven days of receiving it, and if your free bet is a winner, you get to keep your reward.

Make sure to use the promo code BOOKIES to utilize this promo code. If there’s a big underdog you like this weekend, perhaps consider using this free bet to take a chance.

RELATED: NFL Week 3 Odds & Betting Lines For All Games

There are several other promos that you can use to win at BetMGM. Let's start with the first one: A risk-free TD prop bet. Simply opt-in to the promotion before you place your bet, which is a risk-free bet of up to $25. If the player you picked to score the first TD of the game doesn't score the first TD, you’ll get a free bet of up to $25. If they do, you win!

BetMGM is also offering an NFL one-game parlay insurance. Opt-in to this great promotion and you can bet up to $25 risk-free on a one-game NFL parlay with up to four legs. If one of your legs loses, you can get back up to $25. A similar promotion is offered for bettors of college football, so there are options for CFB bettors, too. Remember to opt-in for the free bet promo.

Finally, BetMGM is offering another NFL betting promo where you can bet $10 and if a player on the team you bet on scores a TD, you will win $200. This offer is available for new customers. The $200 is given to new players in the form of two free-bet tokens that are worth $100 each.

BetMGM is now available in New Jersey, West Virginia, Colorado, Indiana, Pennsylvania, Tennessee, Michigan, Virginia, Iowa, Illinois, Wyoming, and most recently, sports betting in Arizona went live so the Grand Canyon State is available too.

If you are a sports bettor in any of those states, BetMGM is one of the top sportsbooks that you can use if you live there.

The sportsbook is known for its strong brand, its free live streaming of sporting events, the variety of the markets that it offers for bets, and the ease of use for both its sports betting app and its desktop site. With so much to offer its users, consider using BetMGM for all of your sports betting needs during the NFL and college football betting season.

Up to $1,500 in Bonus Bets if Your First Bet Loses Promo Code: BOOKIES

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

NFL Week 3 and College Football Storylines

Ahead of Week 3 in the NFL betting schedule, a game between AFC West rivals in the Kansas City Chiefs and the Los Angeles Chargers sticks out as one that sports bettors will want to keep their eye on. After beating the Cleveland Browns in Week 1, the Chiefs are coming off a close loss to the Baltimore Ravens in Week 2 that saw the team drop to 1-1 on the season.

For the Chiefs, they are considered a Super Bowl favorite yet again with QB Patrick Mahomes leading the team from under center, but losing to the Ravens was disappointing. Against the Chargers, who are also 1-1, the Chiefs will look to get back on track at home. The oddsmakers have the Chiefs pegged as -6.5 point betting favorites to get the win at home, while the NFL line for the total is Over/Under 55.5 points.

RELATED: NFL Week 3 Picks & Best Bets To Make

As for the CFB season, it’s now in Week 4 and one of the games that stands out features the Baylor Bears against the Iowa State Cyclones. The Bears are 3-0 so far this season, while the Cyclones are 2-1.

BetMGM has the Bears as +7-point home underdogs despite the fact they are the home team and undefeated on the season. While the Cyclones are a very good team in their own right, there could be some value on the home team here as the betting underdog according to the latest college football spreads.