**Lead**
BetMGM, one of the leading sportsbook operators in the United States, has launched a limited-time promotion tied to the Week 10 NFL matchup between the Baltimore Ravens and the Jacksonville Jaguars. Using the exclusive bonus code FOXNEWS, new customers can have their first bet covered up to $1,500 in bonus bets — a second-chance offer that has become a staple in the competitive U.S. sports betting market. The promotion is available in all states where BetMGM is legally licensed, including Maryland, New Jersey, Pennsylvania, and others, as the company continues to expand its footprint ahead of the 2026 NFL season.
**Context**
The Ravens-Jaguars game, scheduled for Sunday, November 8, 2026, at M&T Bank Stadium in Baltimore, carries significant playoff implications. The Ravens, led by quarterback Lamar Jackson, are fighting for the AFC North title, while the Jaguars, under head coach Doug Pederson, are looking to solidify their position in the AFC South. BetMGM’s offer is designed to attract new users by reducing the financial risk of placing a first wager. If a bettor’s first bet loses, BetMGM will refund the stake in the form of bonus bets up to $1,500, which can then be used on any future event.
This type of promotion — often called a “first bet insurance” or “second-chance bet” — has become a standard acquisition tool for sportsbooks in the U.S. since the Supreme Court struck down the federal ban on sports betting in 2018. BetMGM, a joint venture between MGM Resorts International and Entain, has leveraged partnerships with media companies like FOX News to drive customer sign-ups. The code FOXNEWS is part of a broader marketing agreement that allows FOX News viewers and readers to access exclusive offers.
**Analise**
The timing of the promotion is strategic. The NFL remains the most wagered-on sport in the United States, accounting for roughly half of all sports bets placed annually. By tying the offer to a high-profile game with two competitive teams, BetMGM aims to capture the attention of casual fans who may be hesitant to place their first bet. The $1,500 ceiling is notably higher than many competing offers — DraftKings and FanDuel, for example, typically cap their first-bet insurance at $1,000. This aggressive pricing signals BetMGM’s intent to reclaim market share after a period of slower growth in certain states.
However, the promotion also comes with standard terms and conditions. The bonus bets are non-withdrawable and must be used within a set period, typically seven days. Winnings from bonus bets are paid out in cash, but the bonus stake itself is not returned. New users must also meet minimum deposit requirements, usually $10, and the offer is limited to one per household. These fine-print details are consistent across the industry and are designed to protect the sportsbook’s margins while still providing genuine value to bettors.
From a broader perspective, the Ravens vs Jaguars game itself offers intriguing betting angles. Baltimore’s defense, anchored by linebacker Roquan Smith, has been one of the league’s stingiest against the run, while Jacksonville’s offense relies heavily on running back Travis Etienne Jr. and receiver Calvin Ridley. Prop bets, such as player touchdown scorers or total passing yards, are likely to be popular among users taking advantage of the bonus code. BetMGM’s platform also offers live in-game betting, which could see increased activity as the game unfolds.
**Fontes**
- BetMGM official promotions page (terms and conditions for bonus code FOXNEWS) - NFL schedule and team records for the 2026 season (NFL.com) - FOX News media partnership announcements (FOX News Business) - American Gaming Association data on sports betting market trends (2025-2026) - State-by-state sports betting legalization status (Legal Sports Report)
*This article is for informational purposes only. Gambling involves financial risk. Please bet responsibly. If you or someone you know has a gambling problem, call 1-800-GAMBLER.*
Por Renan Filho · 2026-11-05