BetMGM has announced the expansion of its highly successful Second Chance promotion to include NBA and NHL betting, following its popularity during the NFL season.

The NBA version of the Second Chance promo is now live and will run every Friday through the end of the regular season. For NHL fans, the promotion begins on January 8 and will be available every Wednesday throughout the season.

“Fans who place a straight bet on a player to score the game’s first field goal in NBA games will receive their wager back in cash if that player scores second,” BetMGM stated.

How the Second Chance Promo Works

For NBA games, if a bettor places a wager on a player to score the first field goal and that player instead scores the second, the initial bet is refunded in cash. Similarly, in NHL games, a bettor who picks a player to score the first goal will get their money back if the player scores the second goal instead.

This innovative approach provides a safety net for bettors while maintaining the thrill of wagering on player performance.

Proven Success in NFL Betting

Player proposition bets, or “prop bets,” have grown significantly in popularity among sports bettors. These bets often feature favorable odds, offering higher returns than traditional wagers on game outcomes. For instance, during Week 18 of the NFL season, Atlanta Falcons running back Bijan Robinson was +275 to score the first touchdown, meaning a $100 wager would yield $275 in winnings.

Once primarily a Super Bowl novelty, prop bets are now a staple in daily sports betting. The Second Chance promotion proved particularly effective during the 2024 NFL season, with BetMGM reporting a 110% increase in first touchdown wagers.

Potential Impact on NHL Betting

While the NHL traditionally lags behind the NFL, NBA, and MLB in U.S. sports betting popularity, BetMGM’s Second Chance promo could attract more bettors to hockey.

First goal scorer bets in NHL games offer enticing odds, ranging from +900 to +1600. However, predicting the correct player remains a challenge, making BetMGM’s refund incentive particularly appealing.

By expanding this promo, BetMGM continues to position itself as a leader in innovative sports betting strategies, drawing in new customers and enhancing the betting experience across multiple sports.

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