Disclosure: This article contains referral links. If you sign up through them, we may earn a bonus at no extra cost to you.
⭐ BUT FIRST — our #1 overall pick: Robinhood pays up to $15,000 a year in free stock through its referral program.
Your friend just opens an account and deposits any amount — even $1.
You both get free stock.
Claim your Robinhood referral link here →
💰 What Is the BetMGM Refer-a-Friend Deal?
BetMGM pays you $100 for every friend you refer.
That is real bonus money in your account.
It is one of the biggest single-friend payouts in all of sports betting.
And you can refer up to 20 friends per month.
Do the math: 20 friends × $100 = up to $2,000 a month in bonus money.
🧠 How It Works
Step one: open the BetMGM app.
Step two: find the "Refer a Friend" section.
Step three: share your personal link.
Step four: your friend signs up through your link.
Step five: you get $100.
That's it.
The process takes your friend about two minutes.
The money usually lands quickly once they qualify.
⚖️ The Fine Print
Every referral deal has rules.
Here is what to check before you start.
Your friend must be a new BetMGM customer.
They need to sign up through your link — not just download the app.
They must meet whatever first-time requirements BetMGM sets, like placing a first bet.
Always read the current terms inside the app before you refer people.
Terms can change, and the details live in BetMGM's own wording.
Also: BetMGM is only available where online sports betting is legal.
Your friend must be 21 or older.
Never bet more than you can afford to lose.
📊 Why $100 Per Friend Is a Big Deal
Most referral programs pay $25 to $50.
BetMGM pays double or quadruple that.
Only two other sportsbooks match $100 per friend.
And BetMGM lets you do it up to 20 times a month.
That monthly cap is the real standout.
Compare: DraftKings caps you at 5 friends per offer window.
Fanatics also caps at 5 per window.
BetMGM gives you 4× more room to earn.
👥 Who Should Use This?
This deal is perfect for you if...
You already bet on BetMGM.
You have friends who watch sports and would try a sportsbook anyway.
You are in a group chat where everyone talks about games.
You want fast, simple bonus money with no trading or investing involved.
This deal is NOT for you if...
You live where sports betting is not legal.
You don't want to mix money and friendships.
You would rather earn by referring people to investing apps.
If that last one is you, go back to the box at the top — Robinhood pays up to $15,000 a year and your friends don't have to bet a dime.
🏆 Referral Bonus Ratings
| Deal | Per Friend | Monthly Cap | Rating | Verdict |
|---|---|---|---|---|
| Robinhood | $50 in free stock, tiers up to $10,000 | $15,000/year | ★★★★★ | The highest ceiling by far — free stock for both of you. |
| BetMGM | $100 | 20/month | ★★★★☆ | Best per-friend sportsbook payout with a huge monthly cap. |
| DraftKings | $100 | 5 per offer window | ★★★★☆ | Great payout, but the cap is much smaller. |
| Fanatics | $100 FanCash | 5 per window | ★★★★☆ | Same $100, paid as FanCash for merch and bets. |
| FanDuel | $50 | 5 per 30 days | ★★★☆☆ | Solid brand, smaller payout and tight cap. |
| Caesars | $50 | 10/month | ★★★☆☆ | Decent cap, average payout. |
| Hard Rock Bet | $50 | 20/month | ★★★☆☆ | Big cap, but only $50 a head. |
| Kalshi | $25 | 40 total | ★★★☆☆ | Easy to earn, but the payout is small. |
| Polymarket | $10 | No stated cap | ★★☆☆☆ | The easiest $10 you'll ever make, but it's still $10. |
🧮 The Math That Matters
Let's be honest about what this is worth.
One friend = $100.
That's a nice dinner.
Five friends = $500.
That's a car payment for some people.
Twenty friends in a month = $2,000.
That is serious money for sharing a link.
Most people won't hit 20 every month.
But even 2–3 friends a month is $200–$300 for almost zero work.
✅ How to Get the Most Out of It
Timing matters.
Refer friends before big events: the Super Bowl, March Madness, the World Series.
That is when people are most curious about sportsbooks.
Share your link in group chats, not one by one.
One message can reach ten friends at once.
Don't spam strangers.
BetMGM referrals work best with people who trust you.
Tell them honestly: you get $100, and they get a signup deal too.
🚫 Common Mistakes
Mistake #1: Sending the link to someone who already has BetMGM.
Only new customers count.
Mistake #2: Having your friend download the app from the app store first.
They must sign up through your link.
Mistake #3: Forgetting to check the terms.
BetMGM updates its promos. The app is the source of truth.
🎯 Final Verdict
BetMGM's refer-a-friend deal is simple and strong.
$100 per friend is top-tier.
20 friends a month is best-in-class.
If you have sports-loving friends, this is free money sitting on the table.
But remember the bigger picture.
A one-time $100 bonus is great.
A referral program that pays up to $15,000 a year in free stock is on another level.
That's why Robinhood stays our #1 pick.
🎁 GET UP TO $15,000 IN FREE STOCK
Robinhood pays you up to $15,000 per year in free stock for referring friends.
- 1 friend = $50
- 3 friends = $150
- 10 friends = $800
- 50 friends = $4,000
- 200 friends = $10,000
Your friend just opens an account and deposits any amount — even $1.
You BOTH get free stock.