BetMGM promo for NHL 4 Nations Face-Off Final: Get up to $1,500 in bonus bets if your first bet loses

The championship matchup everyone was anticipating is set as Canada faces the United States in the final of the 2025 4 Nations Face-Off on Thursday. The tournament, which features only NHL players and also included teams representing Sweden and Finland, replaced the annual NHL All-Star Game this year as the league prepares to allow players to participate in the 2026 Winter Olympics after skipping the previous two Winter Games.

Considered among the powerhouses of international hockey, Canada and the United States squared off in more ways than one at the Bell Centre on Montreal in round-robin play last Saturday, with the U.S. posting a 3-1 victory that secured its spot in the final. The contest, which featured three fights in the first nine seconds of the opening period, generated a huge buzz and had both fans and the media clamoring for a rematch in the championship game.

The opening faceoff at TD Garden in Boston is set for 8 p.m. ET. The United States is a 1.5-goal favorite. Fans who already favor one side of the spread, are interested in betting on the NHL and do not already have a BetMGM Sportsbook account can take advantage of the book’s welcome bonus. The BetMGM new user promo offers new users up to $1,500 in bonus bets if their first bet loses.

BetMGM Sportsbook promo code vs. other current welcome promotions

The BetMGM Sportsbook promo is one of several sportsbook promotions being offered for the 4 Nations Face-Off championship game. BetMGM’s current welcome bonus offers new players more money in bonus bets than the welcome bonuses of their competitors. However, there are other mitigating factors. Other online sportsbooks offer similar welcome promotions, but not all are tied to winning or losing the initial bet in order to receive the bonus. Additionally, bettors at BetMGM have to wager more money (and then lose) to gain a substantial amount of bonus funds back. New users at DraftKings, meanwhile, need only wager $5 to get $150 in bonus bets. 

BetMGM’s first-bet insurance is substantial, to be sure, but the offer is a better fit for bettors who enjoy and are monetarily able to engage with heavier stakes.

About the BetMGM Sportsbook promo

The BetMGM welcome promo is straightforward and works almost identically like other first-bet insurance promos in the sports betting industry. 

Sign up for an account, enter the promo code CBSSPORTS, make a minimum $10 deposit and place your first bet. If you win the bet, you receive the profit, and the offer ends. If you lose the bet, you receive bonus bets equal to your losing stake. The most in bonus bets you can earn with the BetMGM bonus is $1,500.

There is no minimum odds requirement attached to the BetMGM welcome bonus. Your first bet can be placed at whatever odds you want. You can place a longshot NBA bet at +1000 or a short odds money-line bet at -300. It’s entirely up to you.

All bonus bets you receive with the BetMGM promo are subject to a 1x playthrough requirement. You only have to use the bonus bets once to convert all profit into withdrawable cash value. This only applies if you lose your first bet. If you win it, the offer is negated because your profit is returned as cash value.

When you receive bonus bets at BetMGM, you must use them within seven days or they will expire. These bonus bets work the same way as most, holding zero cash value. They can be viewed as site credit for the most part. When you use them and win a bet, you don’t receive the value back, just the profit.

Claiming the BetMGM Sportsbook welcome bonus

Here’s how new BetMGM Sportsbook users can claim the sign-up bonus:

1. Claim the BetMGM promo via this link.
2. Register for a new account at BetMGM, create a username and password, supply the last four digits of your SSN, and permit the site to check your location. Don’t forget to enter the promo code CBSSPORTS.
3. Agree to the terms and conditions of BetMGM Sportsbook.
4. Make your first deposit of $10 or more.
5. Place your first bet.
6. If the bet loses, you will receive bonus bets equal to the loss (up to $1,500). If it wins, you can claim the profit.

United States vs. Canada

• Date Thursday, Feb. 20
• Start time 8 p.m. ET
• Puck line United States -1.5
• Money line United States -110, Canada -110
• Total 5.5

Game Preview

While the United States clinched a spot in the championship game prior to its round-robin finale, a 2-1 loss to Sweden, Canada needed to defeat Finland on Monday to punch its ticket. After building a 4-0 lead over the first two periods, the Canadians withstood an impressive comeback attempt by the Finns in the third and registered a 5-3 victory.

When the two North American clubs met last Saturday, Canada grabbed an early lead before the U.S. reeled three unanswered goals, including two by Jake Guentzel. Thursday’s matchup will be the fifth time the countries meet for a championship in NHL international tournaments or Olympics, with Canada having won three of the previous four. Their most recent meeting came in the Vancouver Olympics in 2010, when the host nation won the Gold Medal Game 3-2 in overtime.

Canada defenseman Cale Makar missed Saturday’s contest with an illness but was back in the lineup for Monday’s win against Finland and will be on the ice in Boston. The United States is dealing with a number of injuries, as Matthew Tkachuk (lower body), Auston Matthews (upper body) and blue-liner Charlie McAvoy (upper body) sat out Monday’s loss, while Brady Tkachuk exited that game after one period with a lower-body ailment.

Matthews and the Tkachuk brothers are likely to play Thursday, but McAvoy was ruled out after being admitted to the hospital on Monday for testing related to his injury. Reigning Norris Trophy winner Quinn Hughes, who originally was named to the United States roster but had to drop out of the tournament due to injury, will join the U.S. in Boston but won’t be eligible to play in the final unless the team has fewer than six healthy defensemen prior to the game.

Guentzel and Canada’s Nathan MacKinnon are tied with Finland’s Mikael Granlund for the tournament lead with three goals, while U.S. defenseman Zach Werenski is first in assists (five) and shares the top spot in points (five) with Sidney Crosby, who scored the overtime winner for Canada against the United States in the 2010 Olympic Gold Medal Game. Crosby and Canada blue-liner Drew Doughty are the only participants from the Vancouver Games playing in the 4 Nations Face-Off Final.

Werenski and Jack Eichel (four assists) both have notched at least one point in every contest for the U.S., while Connor McDavid (two goals, two assists) has done the same for Canada.

Canada scored first in each of its three round-robin games, while the United States allowed the first goal in both of its victories. Two-time Vezina Trophy winner Connor Hellebuyck has been stellar in the crease for the U.S., posting a .957 save percentage while yielding just one tally in each of his two outings.

Responsible gambling

BetMGM utilizes a registered trademark of British Columbia Lottery Corporation known as GameSense to promote safe and responsible gambling practices. If you click the ‘Responsible Gaming’ icon located next to the BetMGM logo at the top-left of the page, you will be taken to a very in-depth problem gambling section of the site. There, you can view all kinds of resources, most notably under the ‘State Resources’ tab.

There are additional resources available too, such as:

• The National Council on Problem Gambling
• Gamblers Anonymous
• Gam-Anon
• Call or text 24/7: 1-800-GAMBLER