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We have two massive college football games tonight with Alabama-Georgia and Oregon-Penn State, and the BetMGM bonus code WEEK150 delivers two possible offers for new users. Claim a $150 bonus offer or a $1,500 first bet safety net and maximize your rewards by signing up before the opening kickoff.Just click here to register.New users in MI, NJ, PA and WV will receive the $150 bonus offer. There is the important caveat that you have to win your initial $10 wager to secure the bonus bets. Users in other eligible states will have the ability to bet up to $1,500 with the safety net offer. A losing bet with this offer will trigger a bonus refund to your account.Regardless of the offer you receive, you will have plenty of choices. In addition to the Alabama-Georgia and Oregon-Penn State games, any other matchup will qualify for your welcome offer.The Alabama-Georgia game is important for both teams. The winner will greatly boost its chances of reaching the SEC championship game. It is arguably a more pressing game for Alabama due to them already having a loss on the record against Florida State.Oregon-Penn State might be shaping up to be a new rivalry in the Big Ten. Oregon came out on top in the Big Ten championship game last year. The outcome of this game could influence College Football Playoff seeding.BetMGM Bonus Code WEEK150: $150 Bonus For CFB Week 5 Games BetMGM Promo Code New User Offer Bet $10, Get $150 Bonus (MI, NJ, PA, WV) or $1,500 First-Bet Offer In-App Promos Football SGP Boost Token, Second Chance TD Scorer, Any Sport Parlay Boost, etc. Terms and Conditions 21+ and Present in Participating States Bonus Last Verified On Sept. 27, 2025 Information Confirmed By Knowing that you have to win your initial $10 bet to get the bonus bets with the $150 offer, you should look for a betting market that is likely to settle as a win. Here are a few suggestions: Penn State +4.5 (-300) Oregon-Penn State under 57.5 total points scored (-190) Alabama +6.5 (-175) Alabama-Georgia over 48.5 total points scored (-175) If you get the $1,500 first bet safety net, you can use one of the markets listed above, but something like a moneyline bet could work, too. Maybe you think Penn State will get the win at home. You can bet something like $800 on the Penn State moneyline and either collect a large winning payout if your bet wins or a bonus refund of $800.BetMGM Odds For Week 5 Top 25 CFB GamesIn addition to the Alabama-Georgia and Oregon-Penn State games, we have two other ranked matchups with URC-Illinois and LSU-Ole Miss. The odds for these four games are listed below: No. 21 USC: -6.5 (-115) / O60.5 (-115) / -250 No. 23 Illinois: +6.5 (-105) / U60.5 (-105) / +200 No. 4 LSU: +1.5 (-105) / O56.5 (-105) / +105 No. 13 Ole Miss: -1.5 (-115) / U56.5 (-115) / -125 No. 17 Alabama: +3 (-110) / O52.5 (-110) / +130 No. 5 Georgia: -3 (-110) / U52.5 (-110) / -155 No. 6 Oregon: +3.5 (-115) / O52.5 (-105) / +145 No. 3 Penn State: -3.5 (-105) / U52.5 (-115) / -175 Steps To Register With BetMGM Bonus Code WEEK150Follow these directions to get started with this offer: Click here to go to the registration page Enter the bonus code WEEK150 Provide basic identifying information (name, date of birth, mailing address, etc.) Complete initial deposit with secure payment method (credit card, debit card, online banking, etc.) Place first bet to activate $150 bonus offer or $1,500 first bet safety net Utilize any bonuses you receive within one week before they expire from your account.Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.