College hoops season is right around the corner, and that means a number of great online sports betting options for fans across the country. 

Last year’s unpredictable season—no top seeds in the Final Four and 16-seeded Fairleigh Dickinson knocking off top-seeded Purdue—sets the stage for yet another one, despite basketball’s Goliaths atop most preseason top-10 lists.

The potential unknowns also mean betting opportunities and can make those selections using the bonus bets you’ll earn with the BetMGM Sportsbook bonus code BOOKIES —which delivers $1,500 in bonus bets to players who register for a new account and place a $5 real-money wager on any set of odds. 

Here’s everything you need to know about this deal so you can grab it as you prepare for the college basketball season.

Best BetMGM College Basketball Betting Promos

The best college hoops betting promos are included in our guide below. These are all great betting promos to bet on any college basketball game, so we want you to find out how to sign up for them and claim these deals today: 

BetMGM College Basketball Betting Promos

Want to bet on the upcoming March Madness tournament? Then the BetMGM bonus code BOOKIES is perfect for you. All you have to do is download the BetMGM sports betting app,  register for a new account, deposit at least $10, and then place your first bet. If your first bet at BetMGM loses, you will get back up to $1,500 in the form of bonus bets. 

The bonus bets come in the form of one single bonus bet if your first wager loses and is less than $50, or five equal 20% bets if your first wager loses and is more than $50. For example, if your first bet at BetMGM loses and was for $1,500, you will get back five equal bonus bets of $300 each.

BetMGM College Basketball Bonus Code Terms & Conditions

Here are the terms and conditions for the BetMGM college basketball bonus code BOOKIES:

1. Sign up for a new BetMGM account using the bonus code BOOKIES
2. Deposit at least $10
3. Place your first bet, and if it loses, get back up to $1,500 in bonus bets
4. If your first bet was less than $50, get one single bonus bet back
5. If your first bet was more than $50, get five equal 20% bonus bets back
6. The bonus bets have a 1x rollover attached to them
7. You get up to seven days to use your bonus bets at BetMGM

How To Sign Up For A BetMGM Account

Using the BetMGM bonus code BOOKIES and earning your bonus bets is as simple as signing up for a new account. That’s as simple as following three steps:

1. Click any BET NOW button in this article to begin your registration for a new account; when prompted, type in the BetMGM bonus code BOOKIES to unlock your welcome bonus
2. Provide BetMGM with all relevant personal information to create your account and verify your identity; bettors will also need to verify they are 21+ years old and physically located in one of the many states where BetMGM is operating to earn this welcome bonus offer and place bets
3. Make a qualifying deposit of at least $10 to fund your new account

Other Features At BetMGM

Having your pick of two elite welcome bonus offers is a great start to your sports betting experience. But the beauty of signing up for a new account is that it also unlocks unlimited access to all the great features this top sports betting app provides. Here are a few examples:

Odds boosts and insurance: Odds boosts increase your potential payout on certain bets at no additional cost to you. Insurance works similarly to the second welcome bonus option, where a loss means you’ll receive a certain percentage of your funds back in the form of a free bet.

Parlay Builder: This unique feature gives bettors the ability to create a parlay in one spot. You’ll have all spreads, totals, moneylines, and props available to you, and you’ll see your parlay odds update in real time as you add legs to it. The user experience is important with online sports betting, and this is a great feature to help with that.

Rewards program: Earn with every bet you place. BetMGM bettors will earn Loyalty Rewards each time they place a bet, and these points can be accumulated and eventually redeemed for even more perks and offers from BetMGM.

How College Basketball Betting Promos Work?

With so many dollar signs flying around, it can feel overwhelming when looking at the various college basketball betting promos. The reality is that it’s pretty simple when you get down to the basics. 

It all begins with registering for a new account and using the appropriate sportsbook promo code during that process—you can’t go back and add it later. Make the appropriate first deposit after creating your account and then make the qualifying bet to unlock the bonus bets.

Then, you’ll be able to use those bonus bets on any set of odds in any sports betting market—and there’s just a one-time playthrough requirement. Note that the bonus bet amount is not included in any winnings.

How To Bet On College Basketball?

Betting on college basketball isn't an exact science (it’d be nice if we could crunch numbers and guarantee wins). Don’t forget that these are student-athletes, not seasoned professionals. 

With 358 teams in play, parity is a constant variable and outcomes can vary widely across all games. The significance of home-court advantage can't be overlooked, and differences in pacing and offensive strategies mean research is critical before placing your bets. Oddsmakers will take that into account when setting lines, but there’s always going to be value on the board.

Bettors have various options at their disposal, including spreads, moneylines, and totals. In many states, wagering on player and team props is also permitted. 

There are thousands of betting opportunities available to bettors from October to March, making this one of the top sports betting markets in the industry for half the sports year.

College Basketball Live Betting

The excitement at BetMGM doesn't come to a halt once the games tip-off. BetMGM Sportsbook provides players with live betting opportunities for every college basketball game. 

During the game, oddsmakers adjust moneylines, totals, spreads, and prop bets in real-time, taking into account the unfolding events and the time remaining. 

Given the rapid pace of basketball, these lines and college basketball odds are in constant flux, meaning bettors will need to be quick with their choices and have a quick online sportsbook to accept those bets—which BetMGM does incredibly well.

Where Can I Bet On College Basketball?

Online sports wagering has been given the green light in more than two dozen states, and that number continues to expand each year. College sports betting is legal in each of those states—with a small caveat: Some states restrict bettors from placing wagers on games played within the state or those involving local schools.