New BetMGM bonus code ALCOM50: Exclusive $50 bonus – win or lose – plus $1.5K first-bet bonus
March Madness resumes action Thursday night when BYU meets Alabama in a Sweet 16 East Region matchup. Basketball fans can add to the on-court action with up to $1,550 in bonuses when registering with BetMGM bonus code ALCOM1500 for the NCAA Tournament.
BetMGM bonus code ALCOM50 at a glance
| 🎁 BetMGM bonus code | ALCOM50 |
|---|---|
| 💰 BetMGM sign-up bonus details | Up to $1,500 in bonuses if your first bet loses; plus a $50 bonus bet win or lose |
| 💵 Minimum deposit | $10 |
| 📝 BetMGM bonus code terms and conditions | Place a wager with the First Bet Offer Token applied, and if it loses, get a refund in bonuses. Maximum bonus amount is $1,500.
First Bet Offer Token must be used within seven days of issuance. Qualifying wagers must have -10000 odds or longer. Losing bets of less than $50 return one bonus equal to the amount wagered. Losing bets of $50 or more return five bonuses in equal 20% denominations of the amount wagered. Bonuses can’t be withdrawn and expire after seven days. |
| ✅ Last verified | Mar. 27, 2025 |
BetMGM bonus code ALCOM50: How to claim $1,550 in bonuses
Hold on to your horses. BetMGM Sportsbook delivers a big welcome bonus. Depending on your state, you may have options. Most customers will receive a $1,500 first-bet bonus and a $50 bonus bet. The first bet bonus gives new users a fall-back plan if their first bet loses. BetMGM will award bonus bets based on the amount lost.
- Click our BetMGM bonus code.
- Answer the questions in the required fields. If you register using our link, the BetMGM bonus code ALCOM50 will auto-fill.
- Choose a deposit method and load at least $10 into your new account.
- Bet at least $10 on BYU vs. Alabama or any other sporting event.
- You’ll get a $50 bonus bet – win or lose
- If your first bet loses, you get bonus bets back in 20% increments of your first wager if you wager at least $50.
- If you wager less than $49, you’ll get a single bonus bet in the amount of your first wager.
If you wager less than $50, you will receive one bonus bet equal to the losing wager. If you wager $50 or more (up to $1,500), you will receive five bonus bets of equal value that add up to the total amount lost. So, if you wager $1,000 and lose, you will receive five $200 bonus bets.
The $50 bonus bet is yours no matter the outcome of your first wager. Follow this step-by-step process to claim the welcome offer.
If you’re in Colorado, Michigan, New Jersey, Pennsylvania or West Virginia, you have a second option for your welcome bonus — Bet $10, get $150 in bonuses if your bet wins. The $150 will be awarded as three $50 bonus bets.
BetMGM existing user promos for March Madness
If you think the BetMGM welcome bonus options are great, you should see what BetMGM Sportsbook has for all customers after those welcome bonuses have expired. Check out these ongoing promotions available now.
- March Matchups $250,000 pick ‘em: Win your share of $250,000 in bonus bets if you pick March Madness winners. Free to play.
- No Sweat Bets: If your wager loses, you’ll receive a bonus bet to try again on another game.
- Odds boosts: Get enhanced odds on select betting markets.
- Referral bonus: Get a friend to sign up with your link and claim a $100 bonus.
How to use the BetMGM bonus code ALCOM50 for BYU vs. Alabama
The doubleheader opener in New Jersey on Thursday should be wild. BYU and Alabama love to shoot (and make) threes, so points will come fast and furious.
Alabama should be especially explosive. The Crimson Tide scored 80 points against Saint Mary’s in the second round The Gaels are strong defensively and play slower.
BYU is not strong defensively and can get sucked into an uptempo shootout. Bet on Alabama to go over its team total of 89.5 points. BetMGM lists the odds for that at -140.