BetMGM Bonus Code COVERS50: Get a $50 Bonus + a $1,500 First Bet for Usyk vs Verhoeven at the Pyramids

New users can claim one of the best sportsbook promos available for Usyk vs. Verhoeven by using the BetMGM bonus code COVERS50 at sign-up. Depending on your state, you can unlock a $1,500 First Bet or a Bet $10, Get $150 offer, both of which also come with $50 in BetMGM Rewards Points. Both offers are available through Saturday, May 23, making this heavyweight showdown at the Pyramids of Giza the perfect moment to get started.

$1,500 First Bets
COVERS50

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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

Win $150

BetMGM Bonus Code COVERS50: How the $1,500 First Bet and $150 Offer Work

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. In most eligible states, including AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY, new users receive a $1,500 First Bet. If your first wager on Usyk vs. Verhoeven loses, BetMGM returns your entire stake in bonus bets, up to $1,500. Wagers above $50 are returned as five bonus bets, each worth 20% of your qualifying stake. For example, a $1,500 losing bet on Usyk would come back as five $300 bonus bets totaling $1,500.

New users in CO, MI, NJ, PA, and WV are eligible for a separate offer: Bet $10, Get $150 in bonus bets if your initial wager wins. Place a $10 bet on Verhoeven to pull off the upset, and if he does, you collect your winnings plus $150 in bonus bets issued as three $50 credits. Regardless of which offer applies to you or whether your bet wins or loses, every new user who enters code COVERS50 instantly receives $50 in BetMGM Rewards Points.

BetMGM Rewards Points are a loyalty currency that can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Bonus bets from either offer expire seven days from issuance, and BetMGM does not return your stake when using bonus bets. Both offers must be claimed by April 30, 2026, at 11:59 p.m. ET. A minimum $10 deposit is required to activate either welcome bonus, and the code must be entered at registration or the offer will be voided.

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How to Claim Your BetMGM Offer for Usyk vs. Verhoeven on May 23

Follow these steps to lock in your welcome bonus before Oleksandr Usyk and Rico Verhoeven step into the ring at the Pyramids of Giza.

1. Download the BetMGM app or visit the BetMGM website and click to register a new account.
2. Enter the BetMGM bonus code COVERS50 during registration to activate your welcome offer and instantly receive $50 in BetMGM Rewards Points.
3. Deposit at least $10 using an accepted payment method such as Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
4. Navigate to the Usyk vs. Verhoeven market and place your first real-money wager. Most states qualify for the $1,500 First Bet; users in CO, MI, NJ, PA, and WV qualify for the Bet $10, Get $150 offer.
5. If your bet loses and you are on the $1,500 First Bet offer, bonus bets will be credited to your account. If your $10 bet wins on the CO, MI, NJ, PA, or WV offer, $150 in bonus bets will be added alongside your winnings.
6. Use your bonus bets within seven days of issuance. Winning cash bets are withdrawable immediately, but bonus bets must be played through before any payout is available.

For a full breakdown of terms and user experience, read the BetMGM bonus review before signing up.

More BetMGM Sportsbook promos, bonuses, and offers

• Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

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