BetMGM Bonus Code COVERS: Make a $1,500 First Bet for Purdue vs. Indiana, Friday College Basketball

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Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 20, 2026 • 19:15 ET • 3 min read

The BetMGM bonus code COVERS unlocks a $1,500 First Bet for Friday's Indiana vs. Purdue showdown. New users can claim this welcome offer and place their first wager on this Big Ten rivalry matchup.

With both teams fighting for positioning ahead of the conference tournament, this Feb. 20 clash presents an excellent opportunity to explore sportsbook promos while backing your pick in this heated rivalry.

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$1,500 First Bets
COVERS

BetMGM Bonus Code Details for Indiana vs. Purdue

The BetMGM bonus code COVERS provides new customers with protection on their first wager up to $1,500. This welcome offer requires the promo code during registration and applies to any betting market for Friday's Indiana vs. Purdue game. You can find comprehensive details about this promotion at the BetMGM bonus codes page.

Here's how the offer works for this Big Ten rivalry game. If you place your first bet on Purdue to cover the spread and they win, you keep your winnings and original stake. However, if the Boilermakers fail to cover and you lose your wager, BetMGM returns your stake as bonus bets up to $1,500.

Key terms include:

  • Minimum $10 deposit required to activate the offer
  • Bonus bets expire seven days after issuance
  • Wagers over $50 receive five separate bonus bets worth 20% each
  • Available only to new BetMGM customers in eligible states

For example, if you bet $500 on Indiana's moneyline and the Hoosiers lose, you'll receive five $100 bonus bets totaling your original stake. These bonus bets give you multiple chances to profit from future college basketball action.

What our experts say about Indiana vs. Purdue

Purdue has underperformed at home, going 0-6 against the spread in their last six home games.

The Hoosiers picked up a narrow victory at Mackey Arena last month, and our expert Indiana vs. Purdue picks from Rohit Ponnaiya suggest that fans may see a similar result tonight.


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)

Best BetMGM CBB Boosts

BetMGM All Users

  • Get a no sweat CBB bet - stake back in bonus bets if you lose

BetMGM odds for Indiana vs Purdue


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How to Claim Your $1,500 First Bet for Friday's Game

Follow these steps to claim your welcome offer and bet on Indiana vs. Purdue:

  1. Click the BetMGM registration link and enter bonus code COVERS
  2. Complete account verification with required personal information
  3. Make your initial deposit of at least $10
  4. Place your first real money wager on any Indiana vs. Purdue betting market
  5. Receive bonus bets equal to your stake if your first bet loses

This Friday's rivalry game offers numerous betting opportunities, from point spreads to player props featuring stars like Trey Kaufman-Renn and Lamar Wilkerson. Read our comprehensive BetMGM bonus review for additional insights on maximizing your welcome offer.


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.

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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