Put the BetMGM bonus code SHNEWSGET to work for Arkansas Razorbacks vs. Arizona Wildcats on Thursday, March 26, 9:45 p.m. ET on CBS and the rest of the Sweet 16. Just in time for the pinnacle of the college basketball season, BetMGM is running an extended offer: Bet $10 Get $150 in Bonus Bets if You Win. This is one of the best March Madness betting promos this week and is available in MI, NJ, PA, and WV.
This one’s built for new users 21+ who want a simple first-bet angle, and SHNEWSGET keeps it straightforward with the $10 entry point. If you’d rather go bigger, BetMGM also has a 20% first deposit match up to $1,500 in sports bonus with code SHNEWS1500, or up to $1,500 back in bonus bets if your first bet doesn’t win with code HANDLETOP.
What You Get with BetMGM Bonus Code SHNEWSGET
For Arkansas at Arizona and the Sweet 16 on Thursday, March 26, the BetMGM bonus code to know is SHNEWSGET. It’s a clean setup for a one-game sweat: you make a $10 first bet, and if it wins, you get $150 in bonus bets. If you’re comparing deals across the best sports betting sites, this one’s all about turning a small first bet into a bigger second chance.
Here’s how it plays out in real life: if you put $10 on the Razorbacks spread and it hits, you’re sitting on $150 in bonus bets for your next slate. Bonus bets aren’t cash, so you’re really playing for the winnings they can generate, not the stake itself. If you want a quick refresher, read how sportsbook bonuses work before you lock in your first ticket.
Not sure the $150 bet-and-get fits your style? BetMGM also runs bigger-bankroll options, like a 20% first deposit match up to $1,500 in Sports Bonus with code SHNEWS1500, or up to $1,500 back in Bonus Bets if your first bet doesn’t win with code HANDLETOP.
Why This is the Best March Madness Betting Promo for Sweet 16
Here’s an easy example for Arkansas Razorbacks vs. Arizona Wildcats (Thursday, March 26, 9:45 p.m. ET on CBS). I sign up, then enter the BetMGM bonus code SHNEWSGET during registration, and I place a $10 spread bet on Arkansas +8.5 (-110).
- Sweet 16 Prediction: Arkansas +8.5 (-110)
If it wins at -110, I profit $9.09, get my $10 stake back, and the $150 in bonus bets. If it loses, I’m down $10 on the bet and I don’t get the bonus bets. This means it’s vital to pick a line you like for the best chance at winning and accessing the bonus.
Bonus bets pay profit-only, so you don’t get the bonus stake back. If I put $150 in bonus bets on a different game at -110 and it wins, the payout is profit-only: $150 × (100/110) = $136.36. That means I’d cash out $136.36 from that bonus-bet win, not $286.36, because the $150 bonus stake doesn’t return.
If you’re shopping around before you lock in your first ticket, I’d still compare the other BetMGM promo options too, since they fit different bankrolls: SHNEWS1500 for a 20% first deposit match up to $1,500 in Sports Bonus, or HANDLETOP for up to $1,500 back in Bonus Bets if your first bet doesn’t win. BetMGM offers the best March Madness betting promos ahead of the start of the Sweet 16 on Thursday.
How to Sign Up with BetMGM Bonus Code SHNEWSGET
It only takes a few minutes to sign up below for the best March Madness betting promo ahead of Arkansas vs. Arizona and the entire Sweet 16 slate:
- Confirm you’re 21+ and that BetMGM is available where you live, since rules can vary by state. Use this link to navigate straight to the BetMGM registration page.
- Download the BetMGM app or open the site, then start registration and enter the BetMGM bonus code SHNEWSGET when prompted.
- Finish creating your account with your legal name, address, and the last four of your SSN for identity checks.
- Make your $10 first deposit using your preferred payment method, then browse the sportsbook for a bet you actually want to place. Keep your stake size within your budget so you can follow the promo requirements without forcing a play.
- Place your first $10 bet on any market or odds. If it wins, you get $150 in bonus bets to use within seven days.
Terms & Conditions
21+. Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Offer available in MI, NJ, PA, WV. Please Gamble Responsibly. Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, MS, NY, NV, ON, or PR. Visit BetMGM.com for Terms & Conditions.
21+. Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET. AZ, CO, DC, IA, IN, KS, KY, MA, MD, MI, MO, NC, NJ, PA, TN, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, MS, NY, NV, ON, or PR. Visit BetMGM.com for Terms & Conditions.
21+. Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, MS, NY, NV, ON, or PR. Visit BetMGM.com for Terms & Conditions.
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- Source: https://sportshandle.com/betmgm-bonus-code-shnewsget-best-march-madness-betting-promo-for-sweet-16/