BetMGM Bonus Code 'COVERS' Lets You Make A $1,500 First Bet On Anderson Silva vs Tyron Woodley

Get your BetMGM bonus code COVERS offer for Silva vs Woodley boxing on December 19. Claim up to $1,500 in bonus bets if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Dec 19, 2025 • 18:05 ET • 3 min read
Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

Anderson Silva and Tyron Woodley clash in a six-round cruiserweight boxing bout on Friday, December 19, making it the perfect opportunity to claim the BetMGM bonus code COVERS offer. New users can secure up to $1,500 in bonus bets if their first wager on this intriguing matchup between former UFC champions doesn't win. This welcome promotion joins other competitive sportsbook promos available for the Silva vs Woodley fight streaming live on Netflix from Miami's Kaseya Center.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 Silva vs Woodley protection

The BetMGM bonus code COVERS provides new customers with substantial protection on their first real money wager. After registering and making a minimum $10 deposit, users can place their initial bet on any Silva vs Woodley market, knowing they'll receive their stake back in bonus bets if the wager loses.

Here's how the offer works for the December 19 boxing match:

  • Place your first bet on Silva vs Woodley odds or any other market
  • If you win, withdraw your profits immediately
  • If you lose, receive your entire stake back up to $1,500 in bonus bets
  • Wagers over $50 are split into five equal bonus bets, while smaller amounts become one bonus bet
  • All bonus bets expire after seven days

For example, if you bet $1,000 on Silva to defeat Woodley and lose, you'd receive five $200 bonus bets totaling your original stake. These bonus bets give you multiple chances to profit from the Silva vs Woodley card and other upcoming events.

Best BetMGM boosts for Silva vs Woodley

BetMGM All Users

  • Get a boost for any boxing bet

Check if you can use our BetMGM bonus code in your state

BetMGM Bonus Code Eligible States
 "COVERS1500" 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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How to claim your BetMGM promo for Silva vs Woodley

Claiming your BetMGM welcome offer for the Silva vs Woodley fight requires just a few simple steps:

  1. Click the registration link and use BetMGM bonus code COVERS during account creation
  2. Complete identity verification with your driver's license and personal information
  3. Make your first deposit of at least $10 using any available payment method
  4. Place your qualifying first bet on Silva vs Woodley or any other available market
  5. Receive bonus bets within 24 hours if your initial wager loses

The Silva vs Woodley bout offers compelling betting opportunities as the legendary Silva seeks to continue his boxing success against Woodley, who's looking for his first professional boxing victory. Read our comprehensive BetMGM bonus review for additional details about this operator's features and betting markets.


More sportsbook promos, bonuses, and offers from BetMGM

  • 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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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