BetMGM has expanded its popular Second Chance promotion to include NBA and NHL betting after seeing success during the NFL season. The promotion offers players a risk-free opportunity on specific player proposition bets.

For NBA games, the promotion runs every Friday through the regular season. Bettors who place a straight bet on a player to score the first field goal will receive their wager back in cash if that player scores the second field goal instead.

Similarly, for NHL games, starting January 8, the promotion runs every Wednesday during the regular season. If a bettor wagers on a player to score the first goal and they score the second goal instead, the wager is refunded in cash.

The expansion follows significant success during the NFL season, where BetMGM reported a 110% increase in first touchdown wagers with this promotion. The program particularly benefits prop betting, which typically offers attractive plus-money odds for bettors.

For NHL betting specifically, first goal scorer odds can be especially lucrative, ranging from +900 to +1600 in current games. This "insurance policy" style promotion could help increase betting interest in hockey, which traditionally sees less betting action than other major sports.

All refunds through the Second Chance promotion are paid via withdrawable unrestricted funds, making it an attractive option for bettors looking to minimize risk while maintaining potential for high returns.

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