BetMGM has launched a new promotional offer for the upcoming NFL Week 7, allowing new customers to claim a first bet cover of up to $1500. This special promotion, accessible with the bonus code FOXNEWS, is designed to encourage participation in sports betting by mitigating the risk for initial wagers.

The offer is specifically tied to the National Football League's seventh week of regular season games. New users who sign up and utilize the FOXNEWS bonus code will have their first bet refunded in bet credits if it does not result in a win. This provides a significant safety net for those looking to place a substantial wager on their chosen NFL matchup.

To qualify for the $1500 first bet cover, new customers must deposit funds and place their initial wager using the BetMGM platform. The maximum amount that can be covered under this promotion is $1500. If the bet is successful, the user receives their winnings as usual. If the bet loses, BetMGM will match the stake with bonus credits, up to the $1500 limit.

This promotion is available in specific states where BetMGM operates legally, including Michigan, New Jersey, Pennsylvania, and West Virginia. These states have established regulatory frameworks for sports betting, ensuring a secure and legal environment for users to engage with the platform.

The timing of this offer aligns with the ongoing NFL season, aiming to capture the interest of football fans eager to place bets on their favorite teams. Week 7 of the NFL season features a slate of games that typically generate significant betting interest.

BetMGM is a prominent player in the legal sports betting market, known for offering various promotions and a wide array of betting options across multiple sports. The introduction of this substantial first bet cover signals a competitive push to attract and retain new users in the rapidly growing sports wagering industry.

This offer is part of a broader trend in the sports betting industry, where operators frequently use promotional codes and bonus structures to attract new customers. These incentives often involve risk-free bets, deposit matches, or, as in this case, first bet insurance.

Users interested in claiming this BetMGM offer must be of legal gambling age and located within the participating states. Standard terms and conditions apply, and it is advisable for users to review these details before placing any wagers.