UFC 323 Main Event Sparks Heavy Betting Action with Lucrative BetMGM Bonus Code

The UFC bantamweight title is on the line this Saturday, December 6. Champion Merab “The Machine” Dvalishvili will defend his belt against former titleholder Petr Yan in a highly anticipated UFC 323 rematch. This clash has ignited significant interest from sports bettors. A major BetMGM bonus code offer is providing new users a substantial safety net for the event.

New customers can use code SI1500 to get up to $1,500 back in bonus bets if their first wager loses. This promotion allows fans to bet on the high-stakes showdown with notable protection. According to Reuters, the legal sports betting market continues to see strong engagement during major combat sports events.

How the BetMGM Promotion Works for New Users

The mechanics of the offer are straightforward for first-time bettors. After signing up with the code and making a minimum $10 deposit, users place their first real-money bet. If that initial wager on UFC 323 loses, BetMGM refunds the stake amount as bonus bets.

The refund caps at $1,500 in total bonus value. For wagers over $50, the bonus is issued as five separate bets, each worth 20% of the original stake. A $1,000 losing bet, for instance, yields five $200 bonus bets.

This structure provides a significant second chance. Bettors can use the bonus funds on future fights or other sports markets. The offer is available in numerous states where BetMGM operates legally.

Analyzing the Broader Sports Betting Landscape

Promotions like this are now standard for major sporting events. They drive customer acquisition in a competitive market. For bettors, they reduce the risk of engaging with a new sport or a volatile matchup.

The Dvalishvili versus Yan fight presents a classic stylistic clash. This influences the betting odds and where promotional money flows. Such offers encourage more analytical betting from newcomers.

They also foster long-term engagement with the sportsbook platform. The ultimate goal for operators is to convert bonus users into regular, active customers. For fans, it adds an extra layer of excitement to an already compelling championship bout.

The UFC 323 main event is a must-watch, and the available BetMGM bonus code offers a unique entry point for new bettors. This combination of high-level athletics and accessible promotion highlights the evolving nature of sports entertainment.

Info at your fingertips

What is the BetMGM bonus code for UFC 323?

The current offer for new users is code SI1500. It provides first-bet protection up to $1,500 in bonus bets if your initial wager loses.

How do I claim the bonus bets?

Register a new account using the code, make a deposit, and place your first bet. If it loses, the bonus bets will be credited to your account typically within 24 hours.

Can I bet on the fight outcome with this?

Yes. The promotion applies to any first real-money wager, including moneyline bets on Dvalishvili or Yan, method of victory, or round totals for the UFC 323 main event.

What states is this offer available in?

The promotion is live in many states including Arizona, Colorado, Illinois, Indiana, Michigan, New Jersey, Pennsylvania, and Virginia. It is not available in New York, Nevada, or Ontario, Canada.

Are there terms and conditions?

Yes. The bonus bets must be used within seven days of receipt. They are not withdrawable as cash and any winnings from them will be paid as cash.

Who is favored to win the UFC 323 main event?

Current odds list champion Merab Dvalishvili as a moderate favorite. His relentless wrestling pressure is considered a key advantage against Petr Yan’s precise striking.