NFL Week 17 delivers a pivotal AFC West showdown, and BetMGM Sportsbook is giving bettors a massive incentive to get involved. By using the BetMGM promo code, new users can earn up to $1,500 in bonus bets when wagering on the Kansas City Chiefs vs. Denver Broncos matchup. With Denver just two wins away from securing the AFC’s No. 1 seed and a depleted Chiefs squad looking to play spoiler, the stakes couldn’t be higher. Fortunately, BetMGM’s first-bet safety net removes the risk from your opening wager. BetMGM NFL welcome offer: Get up to $1,500 back on Chiefs vs. Broncos New users at BetMGM can take advantage of a first-bet insurance offer that refunds your stake as bonus bets if your wager doesn’t win. How it works: > Place your first real-money bet on Chiefs vs. Broncos > If your bet wins, keep the winnings > If it loses, BetMGM refunds your stake as bonus bets (up to $1,500) This offer is ideal for both new bettors and experienced players looking to hedge their Week 17 action. Example: How the BetMGM first-bet safety net works Let’s say you wager $1,000 on Chiefs +13.5: > If the Chiefs cover, you keep all winnings > If the Broncos win by 14 or more, BetMGM credits your account with five $200 bonus bets Those bonus bets can then be used across the NFL Week 17 slate, including Christmas games Lions vs. Vikings or Cowboys vs. Commanders. The maximum refund is capped at $1,500. How to claim the BetMGM promo code for NFL Week 17 Follow these steps to activate your BetMGM welcome bonus: > Click on our BetMGM Sportsbook promo code link > Click “Sign Up” and complete the registration form > Enter promo code PLAYBONUS during sign-up > Deposit $10 or more > Place your first bet on Chiefs vs. Broncos If your wager loses, your stake will be refunded as bonus bets, up to $1,500. Why BetMGM’s NFL safety net stands out BetMGM’s first-bet insurance is designed to reduce risk for new users: > Bets under $50 are refunded as a single bonus bet > Bets of $50 or more are refunded in five equal bonus bets For example, a losing $200 wager returns five $40 bonus bets. This structure gives bettors flexibility across multiple games rather than forcing a single all-in play. Be sure to review the full terms on BetMGM’s promotions page before wagering. Chiefs vs. Broncos preview The Chiefs’ season has unraveled due to injuries. After losing Patrick Mahomes to a season-ending ACL tear, backup Gardner Minshew also suffered a knee injury in Week 16. Kansas City managed just 9 points against the Titans last week and have now lost four straight games, with only one win in their last seven. Denver, meanwhile, has been one of the NFL’s hottest teams. Despite a recent loss to Jacksonville, the Broncos had rattled off 11 straight wins, including dominant victories over the Packers, Raiders, and Cowboys. > Kickoff: Christmas Day at 8:15 p.m. ET > Broadcast: Amazon Prime More ways to win with BetMGM Sportsbook Beyond the $1,500 welcome offer, BetMGM provides ongoing value for NFL bettors: > Lion’s Boosts: Daily odds boosts on parlays and props > No Sweat Bet Tokens: Get refunded in bonus bets if a qualifying wager loses > Parlay Boosts: Earn 10%–50% boosts on multi-leg NFL parlays > Exclusive weekly promos and in-play offers