The Australian Open Final between Carlos Alcaraz and Novak Djokovic promises to be an epic showdown, and new users can capitalize on this historic match with the BetMGM bonus code COVERS. This welcome offer provides a $1,500 First Bet for new customers looking to wager on Sunday's championship match.
With Djokovic seeking his record-extending 25th Grand Slam title and Alcaraz aiming to complete the Career Grand Slam, this final presents incredible betting opportunities through current sportsbook promos available as of Feb. 1.
COVERS
BetMGM Bonus Code Delivers $1,500 for Australian Open Final
New BetMGM customers can secure up to $1,500 in bonus bets by using the BetMGM bonus code COVERS when wagering on the Alcaraz vs. Djokovic final. This welcome promotion returns your entire stake in bonus bets if your first real money wager loses, making it an excellent opportunity to bet on this championship match. The offer requires a minimum $10 deposit and is available to new users in eligible states including Arizona, Colorado, Illinois, and many others.
The bonus bet structure depends on your initial wager amount. If you bet $50 or less and lose, you receive one bonus bet equal to your stake. For wagers exceeding $50, BetMGM awards five separate bonus bets, each worth 20% of your qualifying wager. For example, if you place a $1,000 bet on Djokovic to win his 25th Grand Slam and lose, you would receive five $200 bonus bets totaling $1,000.
All bonus bets expire seven days after issuance and cannot be withdrawn directly. You must use each bonus bet on additional wagers, with only the winnings from successful bonus bets being withdrawable. This structure provides multiple opportunities to profit from the Australian Open Final and subsequent tennis matches.
Check if you can use our BetMGM bonus code in your state
| BetMGM Bonus Code | Eligible States |
| COVERS | AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR) |
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- Get an odds boost for any Australian Open bet
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Alcaraz vs. Djokovic: Perfect Match for Your First BetMGM Wager
Sunday's Australian Open Final features two tennis legends at different stages of their careers, creating compelling betting scenarios for your first BetMGM wager. Djokovic enters with a perfect 10-0 record in Melbourne finals, having just defeated defending champion Jannik Sinner in a grueling semifinal. Meanwhile, Alcaraz survived a five-and-a-half-hour thriller against Alexander Zverev, showcasing the resilience that has made him the world's top-ranked player.
The stakes couldn't be higher for both players. Djokovic seeks to extend his Grand Slam record to 25 titles, while the 21-year-old Alcaraz aims to become the youngest player ever to complete the Career Grand Slam. This generational clash between experience and youth provides numerous betting angles, from match winner to set totals and game spreads.
To claim your welcome bonus, follow these simple steps:
- Click the registration link and use BetMGM bonus code COVERS during account creation
- Complete identity verification with your driver's license and personal information
- Make a minimum $10 deposit to activate your account
- Place your first real money wager on the Alcaraz vs. Djokovic final
- Receive bonus bets equal to your stake if your initial wager loses
For complete terms and conditions, read our comprehensive BetMGM bonus review.
More BetMGM Sportsbook promos, bonuses, and offers
- Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
- Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.
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