A $1,500 first spin bonus for the new College Football Playoff is available via BetMGM bonus code ALCOM1500. Sign up now and bet at least $10 on Tennessee vs. Ohio State or any other market and get up to $1,500 in bonus bets back if your first bet loses. This is the biggest bonus in the industry, so grab it now before the offer changes.

BetMGM bonus code ALCOM1500 at a glance

BetMGM bonus code ALCOM1500: How to get a first deposit bonus of $1.5k

The BetMGM bonus code ALCOM1500 only delivers bonus bets if your first bet loses. Here’s how to start claiming this BetMGM new user promotion:

1. Click a link or banner on this page to get started. The BetMGM bonus code ALCOM1500 will be automatically entered into the registration field
2. Enter your email address, create a username and password, then enter your name, address, date of birth, and the last four of your Social Security number
3. Upload an accepted government-issued ID (driver’s license, passport, ID card).
4. Download geolocation software to confirm your location
5. Choose your preferred payment method and confirm your account with two-factor authentication text
6. Deposit at least $10
7. Bet at least $10 on each market
8. If your first bet loses, you will receive bonus bets in that amount back within 24 hours of your bet being declared a loss
9. If you bet more than $50, you will receive bonus bets in 20% increments of your original stake (a first bet of $1,500 that loses returns 5 bonus bets worth $300).
10. If you bet less than $50 you will receive a single bonus bet token
11. Bonus bets have no cash value and expire after seven days

How to use BetMGM bonus code ALCOM1500 for Tennessee vs. Ohio State

The BetMGM new user promotion only returns bonus bets if your first bet loses. So in this case, I’d go with the Vols (+240) for excitement: it’s a low-risk, high-reward bet.

There are really no downsides to making this bet. The Vols certainly have more than a chance after surviving the tough SEC to reach the College Football Playoff. Meanwhile, Ohio State’s offensive line has looked vulnerable in recent weeks.

Tennessee was fourth nationally in scoring defense (13.9 ppg), but stranger things have happened on the other side. If your Tennessee Moneyline bet wins, you will get $240 back from a $100 bet. If it loses, you get 5 bonus bets worth $20 back.

Of course, I wouldn’t bet more than $10-15 on the Vols. After all, they’re a 7.5-point favorite and a tough winner for good reason. Still, Tennessee is a live dog here.