Both new and long-standing players can hit even bigger payouts on winning bets with the new BetMGM profit boost deal. BetMGM, a partnership between MGM Resorts and Entain Holdings, is currently giving bettors the chance to increase their parlay wins by up to 40%. Why not elevate your betting experience by claiming the Parlay Plus bonus today?
BetMGM Profit Boost
What is the Profit Boost Promo on BetMGM?
The concept behind profit boosts is simple. Sportsbooks lower the vig, thereby enhancing the payouts on winning wagers. The impact of this boosted price is sometimes significant enough to give bettors a positive expectation of their betting experience.
BetMGM brings forth this promo packaged as parlay boosts, where the sportsbook shifts the original price of the parlay wager in your favor to ultimately increase your potential payouts. The BetMGM profit boost is only applicable on parlay wagers, and players can make selections from both same game markets and different leagues.
The only caveat with this kind of deal is that if one bet loses from the accumulator, you lose the entire wager. You won’t have to wait too long, as BetMGM awards additional winnings on successful parlays within 24 hours as a bonus bet.
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How the BetMGM Profit Boost Works
Creating a BetMGM parlay is pretty straightforward. Once you create an account, you activate the deal by clicking the Parlay Plus dedicated tab. A BetMGM bonus code isn’t required to claim the offer, streamlining the activation process further.
Qualifying wagers must have at least four legs, with a 7-team parlay being the maximum. You can bet on any sporting event, but be sure to observe the $1,000 maximum betting limits allowed for each wager. The percentage boost in profits ranges from as low as 15% up to 40%, depending on the number of legs in your parlay bet, as outlined below.
| Number of legs in Parlay | Profit Boost |
|---|---|
| 4-leg parlay | 15% |
| 5-leg parlay | 20% |
| 6-leg parlay | 30% |
| 7-leg parlay | 40% |
Are Profit Boosts only on BetMGM?
Profit boosts are a relatively new phenomenon in the sports betting world, but are now available at several US betting apps. Besides BetMGM, sportsbooks like Caesars offer this killer promo, although it’s only available on the NFL season and college football. That gives you a chance to back iconic teams like Buffalo Bills. Also, Caesar’s offer is available as a fixed 33% boost on qualifying wagers.
Betway has what it terms a Win Boost Promo, where it awards up to 300% in boosts on successful multi-wagers. Then you find platforms like BetRivers that offer a variety of profit boosts weekly on selected markets. Long story short, you can find profit boost promotions at many of the top US betting sites.
Promocode:
GAMBLEUSA
1
Up To $1,500 First Bet Offer
- Superb range of sports
- Enticing rewards program
- Extensive catalogs of betting markets
Gambling problem? Call 1-800-GAMBLER (available in the US). Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ only. Please gamble responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800- 981-0023 (PR). First bet offer for new customers only. Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for terms. US $1500 promotional offer not available in New York, Nevada, North Carolina, Ontario, or Puerto Rico.
Promocode:
GUSA1000
2
$1,000 First Bet on Caesars
- Great Mobile App
- Brilliant Welcome Bonus
- Range Of Bet Types
21+. New users only. Offer valid and must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WV, IL, MD, NJ, OH, PA, TN, VA, WV, WY. 1-877-8-HOPENY (467369) or Text HOPENY (467369). Call 1-800-GAMBLER.
Pros and Cons of Profit Boosts
Like all BetMGM promotions, profit boosts come with their own set of advantages as well as drawbacks. Let’s explore a few of these below.
Pros
- Higher payouts: You enjoy significantly higher payouts.
- Reduces house edge: By boosting profits, sportsbooks lower the vig, giving you better winning chances.
- Less limiting: Compared to wagers like a one game parlay offer, a profit boost allows you to wager on more markets.
- Extra thrill: Profit boosts make betting more exciting.
- Sharpen betting skills: Parlay wagers give you an opportunity to place riskier bets with a better potential return.
Cons
- Fewer wins: Don’t expect a steady stream of winnings bets from parlays.
- Select markets: Betting sites usually select specific markets for profit boosts, and your favorite league might not be included. Thankfully that’s not an issue with the BetMGM profit boost deal.
BetMGM Profit Boosts Tips and Strategies
The key to making the most out of profit boosts is to ensure your wager aligns with what the promo calls for. That means reading the fine print and paying special attention to the following aspects:
- Validity: When you receive BetMGM bonus bets, bear in mind that they’re only valid for 7 days. Be sure to use them up before they expire.
- Claim only once: You can only claim this offer once per day per BetMGM account, so you may want to capitalize on this 24-hour deal.
- Eligible markets: Place qualifying wagers only on eligible markets set by the platform. Feel free to contact the team using phone support for clarification on qualifying markets.
- Maximum stake: Always place wagers within the maximum stake imposed by the sportsbook.
- No welcome bonus: You can only use one bonus at a time, so avoid placing your first bet on this promo using funds from the BetMGM deposit bonus.
- Eligibility: You must be aged at least 21 years and reside in a legal betting state in which BetMGM operates.
- Correct payment methods: Be sure to use eligible banking methods outlined by BetMGM to fund your qualifying wager.
