The BetMGM bonus code COVERS unlocks a $1,500 First Bet, perfect for wagering on the Big Game coin toss. New users can place their first bet on heads, tails, or which team wins the toss with confidence, knowing they'll receive bonus bets back if their initial wager loses. This Tuesday, Feb. 3 welcome offer transforms the opening ceremony's most anticipated moment into an opportunity to start your sports betting journey with substantial backing from one of the industry's leading sportsbook promos.
COVERS
How the $1,500 BetMGM Bonus Code Offer Works for Coin Toss Betting
The BetMGM bonus code COVERS provides new customers with protection on their first real money wager up to $1,500. When you place your initial bet on the Big Game coin toss market, you're covered if the flip doesn't go your way. The coin toss offers even odds at -102 for both heads and tails, plus additional options for which team wins the toss at the same -102 price.
If your first coin toss bet wins, you keep your winnings and can continue betting throughout the game. However, if your prediction proves incorrect, BetMGM returns your entire stake as bonus bets. For wagers over $50, you'll receive five separate bonus bets, each worth 20% of your original stake. Smaller bets under $50 result in a single bonus bet matching your lost amount.
Consider this example: You bet $500 on heads for the coin toss, and it lands tails. BetMGM would issue five $100 bonus bets totaling your original $500 stake. These bonus bets expire after seven days and must be used on additional Big Game props or other sporting events. The bonus bet amount doesn't return with winnings, but any profits from successful bonus bet wagers become withdrawable cash.
Can you legally bet on the Super Bowl coin toss?
Many sportsbooks offer Super Bowl coin toss odds, but they may not be available in every state where sports betting is legal and regulated.
Not all regulated jurisdictions offer markets for Super Bowl novelty props. Here's where you can legally bet on the Super Bowl coin toss:
- Arizona
- Arkansas
- Colorado
- DC
- Illinois
- Indiana
- Iowa
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Mississippi
- Nevada
- New Hampshire
- New Jersey
- New York
- North Carolina
- Oregon
- Pennsylvania
- Virginia
- West Virginia
- Wyoming
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) |
Get a special TD no-sweat bet from BetMGM
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Get your stake back in bonus bets if your 1st TD bet scores the 2nd TD of the game!
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How to Claim Your BetMGM Coin Toss Bonus
Follow these steps to secure your Big Game coin toss betting bonus:
- Register a new BetMGM account using the bonus code COVERS and provide the required personal information for identity verification
- Make your first deposit of at least $10 to activate the welcome bonus
- Place your first real money bet on any coin toss market or other Big Game prop
- Receive bonus bets equal to your stake if your first wager loses, or keep your winnings if successful
- Use bonus bets within seven days on additional Big Game markets or other sports
Read our comprehensive BetMGM bonus review for additional details about terms and conditions.
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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