BetMGM’s proven track record as a reliable destination for sports betting has never been in doubt. This operator increases its appeal by giving new customers a competitive welcome offer.  With the Kansas City Chiefs set to meet the Houston Texans in a critical AFC matchup, new BetMGM users can place an opening wager of up to $1,500 and receive the full amount back in bonus bets if it does not win. Our guide breaks down the offer and previews the game. BetMGM NFL first bet refund: Get your capital stake back, up to $1,500, in bonus bets The Kansas City Chiefs will host the red-hot Houston Texans in a crucial Week 14 showdown with serious postseason ramifications. Both teams face must-win scenarios as they pursue their postseason aspirations, giving bettors more options to explore this week.  With BetMGM, you can make a risky first bet on this fixture and receive up to $1,500 in bonus bets if your initial wager loses. This insurance-based approach removes downside risk from your opening bet. Here’s how it works: Sign up for BetMGM, deposit at least $10, and make your first bet with real money. Lose it, and BetMGM will refund your money as a bonus, up to $1,500. For example, a bettor placing $800 on the Chiefs -3.5 at -110 odds would receive approximately $727 in profit if Kansas City covers the spread, plus the original $800 stake returned. In total, the winning bet will total $1,527. However, if the Chiefs fail to cover, BetMGM refunds the $800 stake in bonus bets. This promotion gives users the chance to try other betting markets on BetMGM even after placing a risky first bet. Here are a few quick steps to get started with the offer: > Click on this BetMGM sportsbook link to set up a new account. > Register with the required information. > Input the official promo code (POSTBET) for the offer. > Start by adding at least $10 to your wallet. > Launch your betting by placing your first real-money stake on the Chiefs vs. Texans game. If the bet settles as a loss, new BetMGM customers will get the bonus within 24 hours. The bonus bets have a 7-day expiry. So, ensure you use them quickly. How to Receive the BetMGM refund up to $1,500 for the NFL matchup BetMGM Sportsbook earns its popularity through a wide range of betting markets, competitive odds, and a steady stream of promotions. To use this offer, you must be at least 21 and located within an eligible state. Bonus bets are not withdrawable and may only be used to place wagers. If a wager made with a free bet wins, the return consists solely of the net profit.  Review the complete terms and conditions of this offer through the BetMGM promo code link.  BetMGM NFL Promo: Chiefs vs Texans predictions, odds, and schedule The Chiefs find themselves in a difficult stretch, having lost three of their last four games and sitting 10th in the AFC standings. Their defense ranks 4th in opponent scoring, a potential silver lining, but they will need a complete performance to match Houston's intensity. Their resilient home record offers encouragement ahead of this matchup. Kansas City has won its last five games at Arrowhead Stadium. The Texans are one of the hottest teams in the NFL, riding a four-game winning streak. They also boast the league's top-ranked defense in both yards and points allowed per game. However, DeMeco Ryans’ team must proceed with caution, as they haven't beaten the Chiefs in their last five attempts. The Texans vs. Chiefs matchup airs live on Sunday at 8 p.m. ET, exclusively on DAZN and ESPN. The welcome bonus may entice newcomers, but BetMGM's roster of ongoing promotions for the regulars is equally impressive. You will find offers like: > College Basketball Boost: Enhance your potential winnings with special boosted odds on NCAA games. > Parlay Booster: Use this token to accumulate picks across the NFL, NBA, or soccer into one wager and secure a higher potential payout. > Share & Earn: You and a friend can each claim a $100 bonus when they sign up through your personal referral. > And more ...