BetMGM is offering new customers a bonus of up to $1,500 for the FedEx St. Jude Championship, the opening event of the PGA Tour playoffs. The promotion, accessible with the bonus code POSTBET, provides a full reimbursement of the initial wager in bonus bets if the first bet is unsuccessful.

This offer applies to initial bets placed between $10 and $1,500. The bonus bets can also be used on other upcoming sporting events, including Major League Baseball, the WNBA, and the NFL.

The promotion is available in Arizona, Colorado, the District of Columbia, Iowa, Illinois, Indiana, Louisiana, Kansas, Kentucky, Massachusetts, Maryland, North Carolina, Ohio, Tennessee, Virginia, and Wyoming.

Scottie Scheffler, ranked World No. 1, is the current favorite to win the tournament at TPC Southwind, with odds of +450 on BetMGM. Defending champion Justin Rose has odds of 45/1. Other notable contenders include Rory McIlroy at 12/1, Xander Schauffele at 18/1, and Cameron Young, Sam Burns, and Tommy Fleetwood, all at 20/1.