BetMGM is offering up to $1,500 in bonus bets to new users who target two ranked college football matchups on Saturday, and the promotion comes with a twist: the value depends on where you live.
The offer runs through the Week 4 slate, which features six ranked-vers-ranked games. That includes a showdown between Oregon and USC in Los Angeles, plus a battle between Texas A&M and LSU. The bonus code CBSSPORTS gets you $150 in bonus bets if your first bet wins, or up to $1,500 if it loses.
Here is what you need to know before you claim it.
The Bonus Code Breakdown
The deal is simple on paper. New users enter the code CBSSPORTS at BetMGM Sportsbook when making their first wager. If that bet wins, the reward is $150 in bonus bets. If it loses, the reward jumps to $1,500.
The catch is regional. The offer is available in select states, and the exact terms can vary depending on where you are.
Why These Two Games
The promotion pairs the Oregon-USC over at 60.5 total points with the Texas A&M spread at +8 against LSU. Both picks come from the SportsLine Projection Model, which simulates every FBS game 10,000 times.
The model has been upgraded for the 2026 season to better account for transfers. It is off to a profitable 22-19 start on all top-rated college football picks so far this season. SportsLine expert Eric Cohen has locked in a pick on Oregon vs. USC as part of Saturday college football best bets at BetMGM. The model also backs Texas A&M to cover as an 8-point underdog against LSU.
The Oregon-USC Over
Cohen’s reasoning for the over is blunt. He is selling both defenses.
“The two times Lincoln Riley and Dan Lanning met, the scores were 36-27 and 42-27 (both Ducks victories),” he said. “Oregon surrendered 66 combined points in Weeks 1 and 2 to Boise State and Oklahoma State. USC surrendered 65 points in Weeks 2 and 3 to Louisiana and Rutgers.”
He expects the game to come down to whoever has the ball last at the L.A. Coliseum. His projection: Oregon 41, USC 38.
“I’m selling both defenses in this matchup. The last team with the ball wins on Saturday at the L.A. Coliseum. Oregon 41, USC 38.”
The pick carries odds of -112, meaning you risk more than you win on the over.
Texas A&M’s Quarterback Advantage
The model projects Texas A&M to cover in 63% of simulations. The key to that pick is Marcel Reed, who is back as the program’s QB1.
Reed had a strong history against LSU. Last year, he threw for 202 passing yards, rushed for 108 yards and scored four total touchdowns as Texas A&M won 49-25 in Baton Rouge. Two seasons ago, he completed 2 of 2 passes for 70 yards and rushed for 62 yards and three touchdowns on nine attempts in a 38-23 win over the Tigers.
LSU is coming off a tough loss to Ole Miss in a 32-24 final. That game involved Lane Kiffin’s former team.
Combining the Picks Into a Parlay
The two picks together form a Saturday parlay. The model’s projection for Texas A&M covering in 63% of simulations means the combined wager carries a payout of +264. Risk $100 to profit $264, with odds subject to change.
What the Model Has Done So Far
The SportsLine Projection Model has been profitable through the early part of the season. Its 22-19 record on top-rated picks shows the model has performed well across college football so far this year.
The upgrade for the 2026 season adds a layer of complexity. Transfers have reshaped rosters across the sport, and the model now factors those changes into its simulations.
Responsible Gaming Considerations
Betting sites carry risks beyond the odds themselves. BetMGM Sportsbook offers tools to help with responsible gaming, including a live chat feature, gaming limits and timeout options.
The sportsbook also shares contact information for helplines such as 1-800-MY-RESET, which bettors can call or text 24/7.
Those resources are standard in the industry, but they are worth noting before you commit any funds.
Getting More Picks
The promotion is not limited to these two games. The SportsLine Projection Model has simulated every game 10,000 times, and anyone following its picks on college football betting sites could have seen strong returns.
You can get against-the-spread, total and money-line picks for all games, including NFL, MLB, college football, UFC and more. The model’s picks are available across those sports.
Key Facts Box
- Bonus code: CBSSPORTS
- First bet win: $150 in bonus bets
- First bet lose: Up to $1,500 in bonus bets
- Oregon vs. USC over: 60.5 total points (-112)
- Texas A&M spread: +8 vs. LSU (-108)
- Parlay payout: +264
- Model simulations: 10,000 per FBS game
- Model record so far: 22-19
- Model upgraded for 2026 season
The promotion is a straightforward offer: a bonus code, a model record and an expert pick. The model’s record is a selling point, but it is also a record of past picks. It tells you what the model got right, not what it will get right tomorrow. The expert’s reasoning is grounded in recent history and defensive weaknesses, but it is still a prediction.
The parlay odds of +264 on a $100 risk are generous. If you trust the model and the expert, this is a low-risk way to chase a higher reward. If you do not trust either, the bonus bets are still available even if you lose.
The games are on Saturday. The code is ready. The picks are on the board.
Claim the latest BetMGM bonus code CBSSPORTS and bet on today’s top games.
Source material: “Use BetMGM bonus code CBSSPORTS to get $1,500 bonus bets by targeting Texas A&M-LSU, Oregon-USC on Saturday,” CBS Sports.
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