BetMGM Sportsbook is offering a bonus to new bettors for today's college basketball tournament games. You can receive up to $1,500 in bonus bets if your first bet doesn't win. This welcome offer is accessible by using the bonus code PLAYDEAL.

BetMGM bonus code: How to claim up to $1,500 first bet CBB offer for today's games

Our BetMGM bonus code is an excellent way to add some entertainment to tonight's third-round Tournament games.

Register for the app and start betting in only minutes:

-- Follow our BetMGM bonus code link and tap “Register.”

-- Fill in the required fields, including our bonus code PLAYDEAL. If you use our link, the code will appear automatically.

-- Deposit $10 or more via your preferred banking method.

-- Bet on tonight's games or any other qualifying market, and BetMGM will refund your stake up to $1,500 in bonus bets if your wager doesn’t win.

-- Your bonus bets, if earned, will be valid for seven days once they’re credited to your account. They cannot be withdrawn for cash.

If your initial bet loses and was less than $50, you’ll receive one bonus bet equal to that amount. And if your first bet was $50 or more, you’ll receive five bonus bets of equal increments, adding up to the total amount of your stake (i.e. $200 losing initial bet = 5 $40 bonus bets).

Meanwhile, residents in CO, MI, NJ, PA, WV will get $150 in bonus bets with a winning $10 initial bet.

When you compare it to other promos, it's one of the most valuable sports betting promos out there. To view the full promo terms and conditions, just follow any of our BetMGM links.

Tournament odds & preview at BetMGM Sportsbook for today's games

Michigan State gets a chance to continue its torrid form against one of the hottest-shooting teams in the tournament, Ole Miss, before Kentucky tries to move to 3-0 against SEC rival Tennessee despite being an underdog in all three matchups.

Michigan will then have the chance to roll out its double-7-foot frontcourt lineup against South No. 1 seed Auburn, and Midwest 1-seed Houston, fresh off a massive win over Gonzaga, takes on Purdue.

Here's a glance at the Friday schedule, with updated sports betting odds on any market.

• > No. 6 seed Ole Miss vs. No. 2 Michigan State (7:10 p.m. ET on CBS)
• > No. 3 Kentucky vs. No. 2 Tennessee (7:40 p.m., TBS & truTV)
• > No. 5 Michigan vs. No. 1 Auburn (9:40 p.m., CBS)
• > No. 4 Purdue vs. No. 1 Houston (10:10 p.m., TBS & truTV)

Whether it’s a side, total team, or player prop, new sportsbook customers can place their initial bet with complete confidence, knowing they’re covered by one the top sports betting apps and best offers of up to $1,500 in first-bet insurance.