BetMGM Bonus Code CBSSPORTS Offers $1,500 for Oilers vs. Panthers, NHL Stanley Cup Final Game 5

The Edmonton Oilers forced overtime on Thursday but achieved their objective by leveling the 2025 Stanley Cup Final series against the Florida Panthers at 2-2. With the series now a best-of-three, new users who sign up using a BetMGM promo code can receive up to $1,500 in bonus bets before Saturday`s Game 5, scheduled for 8 p.m. ET. If Edmonton secures two more victories, they will avenge their loss to Florida in last year`s Stanley Cup Final. Meanwhile, the Panthers are aiming to become the third franchise since 2000 to win back-to-back championships.

Here is essential information regarding the BetMGM bonus code CBSSPORTS, including the claiming process and how it compares to offers from other sportsbook promos and betting sites, along with a preview of 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 BetMGM users who are at least 21 years old and located in a state where the sportsbook operates. Follow these steps to claim the offer:

1. Navigate to the BetMGM website or app.
2. Create a new BetMGM Sportsbook account, providing all necessary information.
3. Enter the BetMGM promo code CBSSPORTS during registration.
4. Deposit a minimum of $10 into your new account.
5. Place your first qualifying bet of any amount.

Under the terms of this offer, if your initial wager with BetMGM results in a loss, you will be reimbursed with bonus bets equal to your stake, up to a maximum of $1,500. This offer does not require a minimum odds for your first 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 bet is $50 or more and loses, your stake will be returned as five separate bonus bet tokens, each worth 20% of your initial wager. For instance, a losing first bet of $1,500 would result in five $300 bonus bet tokens added to your BetMGM account.

Bonus bets awarded through this promotion typically expire seven days after being credited. Winnings from bets placed using bonus bets will be paid out, but the bonus bet stake itself is not included in the return. Bonus bets are non-withdrawable and cannot be refunded.

BetMGM Promo Comparison

Here is a comparison of the BetMGM new-user offer with promotions from other prominent sportsbooks:

The Fanatics Sportsbook promo code provides a similar mechanism to BetMGM`s, returning bonus bets if your qualifying wagers lose. However, while BetMGM covers your initial bet, Fanatics covers your first bet each day for your first 10 days, up to $100 per bet, potentially offering a total of $1,000 in bonus bets.

Several sportsbooks, including DraftKings, FanDuel, and bet365, offer “bet and get” style promotions, where placing a first wager of at least $5 unlocks bonus bets. The DraftKings promo offers new users $300 in bonus bets if their first bet wins at odds of -500 or longer. The FanDuel promo gives new users $200 in bonus bets upon winning their first bet, with no minimum odds requirement. With the bet365 bonus code, new users receive $150 in bonus bets regardless of whether their first bet wins or loses, though the amount is less than the other two.

The Caesars Sportsbook promo code presents a different kind of offer focused on profit boosts rather than bonus bets. After placing a first bet of at least $1, new users receive 10 tokens for 100% profit boosts, allowing them to potentially double their winnings on their next 10 successful wagers.

NHL Stanley Cup Final Game 5 Preview

Reflecting the back-and-forth nature of this series, where neither team has established clear dominance, the latest NHL odds for Game 5 are closely set. BetMGM lists the Oilers as slight -115 favorites on the moneyline (meaning a $115 wager would win $100). The total number of goals (over/under) is set at 6.5.

In Game 4, the Oilers mounted a comeback from a three-goal deficit to win in overtime, despite Florida outshooting Edmonton (40-35) for the first time in the series. The game saw distinct phases, with the Panthers scoring the first three goals, followed by the Oilers netting four consecutive goals. Sam Reinhart`s goal for Florida with just 20 seconds left in the third period forced overtime, where Leon Draisaitl became the hero by scoring the game-winner.

That was Draisaitl`s fourth overtime goal of the 2025 Stanley Cup Playoffs, breaking a tie with four other players for the most in a single postseason. Following his clutch performance, Draisaitl`s odds for the Conn Smythe Trophy (playoff MVP) are +220, according to the latest NHL prop odds. He is currently ahead of teammate Connor McDavid (+250) but trails Florida forward Sam Bennett, who is the +150 favorite.

Regarding NHL series betting picks, Edmonton`s regain of home-ice advantage gives them a slight edge to win Lord Stanley`s Cup. The Oilers are currently -115 favorites to win two more games and the series, while the Panthers are at -105. Using a BetMGM bonus code also allows betting on the duration of the 2025 Stanley Cup Final, with the series going the full seven games being the favored outcome at -120 odds.

Learn more about betting on the NHL with our NHL betting guide.

Responsible Gaming

It is crucial for all bettors, regardless of experience, to practice responsible gaming. This includes avoiding chasing losses and understanding personal limits. National resources like The National Council on Problem Gaming, Gamblers Anonymous, and 1-800-GAMBLER are available for support. BetMGM also provides internal tools for its users, such as options to set time and loss limits.