The Edmonton Oilers battled into overtime on Thursday and achieved the result they needed, tying the 2025 Stanley Cup Final series against the Florida Panthers at 2-2. With the series now down to a best-of-three, new users who register using a specific BetMGM promo code can qualify for up to $1,500 in bonus bets ahead of Game 5 on Saturday evening.
A victory in the series for Edmonton would provide redemption after their Stanley Cup Final loss to Florida last year. Meanwhile, the Panthers are aiming to become only the third franchise since the year 2000 to successfully defend their championship title.
Here`s essential information regarding the BetMGM promo code, including the activation process and details on how this offer compares to promotions from other major sportsbooks. We also provide a brief look ahead to Game 5 of the NHL Stanley Cup Final.
How to Claim the BetMGM Promo Code
The BetMGM promo code CBSSPORTS is available exclusively to new users who are creating their first account and are located in a state where BetMGM legally operates. Users must also be at least 21 years old. Follow these steps to claim the offer:
- Navigate to the BetMGM website or app.
- Complete the registration process by providing the required personal details.
- Enter the BetMGM promo code CBSSPORTS during signup.
- Make an initial deposit of at least $10 into your new account.
- Place your first real-money wager of any amount.
Under this promotion, if your initial wager with BetMGM is unsuccessful, the sportsbook will refund your stake in the form of bonus bets, up to a maximum of $1,500. There are no minimum odds requirements for this initial bet. If your first bet is less than $50 and it loses, you will receive one bonus bet token equivalent to your original stake. If your first wager is $50 or more and loses, you will receive five bonus bet tokens, each valued at 20% of your initial bet amount. For example, a losing first bet of $1,500 would result in five $300 bonus bet tokens credited to your account.
Bonus bets issued through this offer typically expire seven days after they are credited. If you win a bet using bonus funds, only the winnings are returned to your account, not the bonus stake itself. Bonus bets cannot be withdrawn as cash.
BetMGM Promo Comparison
Below is a comparison of the BetMGM new-user offer against promotions currently available from other leading sportsbooks:
| Brand | Promotion Details | Promo Code (if required) |
|---|---|---|
| BetMGM | Up to $1,500 in bonus bets if your first bet loses | CBSSPORTS |
| DraftKings | Bet $5, get $300 in bonus bets if your qualifying bet wins | None required | Fanatics | Bet and get up to $1,000 in No Sweat Bets (up to $100 per day for 10 days) | None required |
| FanDuel | Bet $5, get $200 in bonus bets if your qualifying bet wins | None required |
| Caesars | Bet $1, get 10 x 100% Profit Boosts for your next 10 bets | CBSDYW |
| bet365 | Bet $5, get $150 in bonus bets win or lose (or alternative offer) | CBSBET365 |
The Fanatics Sportsbook promotion functions similarly to BetMGM`s in that it provides bonus bets if your wagers don`t win. However, the Fanatics offer applies to your *first* bet placed each day for your initial 10 days after signing up, covering up to $100 per bet for a potential total of $1,000 in bonus bets.
DraftKings, FanDuel, and bet365 offer `bet and get` promotions where placing a small initial wager (usually $5) earns bonus bets. The DraftKings offer awards $300 in bonus bets if your first bet wins with odds of -500 or longer. FanDuel`s offer gives $200 in bonus bets upon winning your first bet, with no minimum odds specified. Bet365`s offer provides $150 in bonus bets regardless of whether your first bet wins or loses, making it slightly different from the DraftKings and FanDuel `win-to-get` structure.
The Caesars Sportsbook promotion is distinct as it focuses on profit boosts rather than bonus bets. After placing an initial wager of at least $1, new users receive ten 100% profit boosts to potentially double the winnings on their subsequent ten bets.
NHL Stanley Cup Final Game 5 Preview
Reflecting the closely contested nature of the series where neither team has established clear dominance, the current NHL odds for Game 5 are very tight. BetMGM lists the Oilers as slight favorites with a -115 money line (requiring a $115 bet to win $100). The total goals line (over/under) is set at 6.5.
Edmonton achieved a remarkable comeback in Game 4, overcoming a three-goal deficit to win in overtime. Florida outshot Edmonton 40-35 in that game, the first time they did so in the series. Game 4 featured significant swings, with Florida scoring the first three goals before Edmonton responded with four consecutive goals. Sam Reinhart`s goal with only 20 seconds left in regulation forced overtime, where Leon Draisaitl secured the win for the Oilers.
Draisaitl`s overtime winner was his fourth of the 2025 Stanley Cup Playoffs, setting a new record for the most OT goals in a single postseason. Following his heroics, Draisaitl`s odds to win the Conn Smythe Trophy are now +220 according to the latest NHL prop odds. This places him ahead of teammate Connor McDavid (+250) but behind Florida forward Sam Bennett, who remains the favorite at +150.
Looking at series betting, Edmonton gaining home-ice advantage for Game 5 gives them a slight edge to ultimately lift the Stanley Cup. The Oilers are favored at -115 to win the remaining two games needed, while the Panthers are listed at -105. Using a BetMGM bonus code also allows you to wager on the series length. The odds suggest it`s most likely to go the full seven games, favored at -120.
Responsible Gaming
It is essential for all bettors, regardless of experience, to practice responsible gaming. This involves avoiding chasing losses, setting personal limits on time and money spent, and understanding when to stop. National resources are available for support, such as The National Council on Problem Gaming, Gamblers Anonymous, and helplines like 1-800-GAMBLER. BetMGM also provides tools for users to manage their play, including options to set deposit, wagering, and session time limits.
