BetMGM Bonus Code 'COVERS': Make A $1,500 First Bet on Tulane vs Mississippi

Use BetMGM bonus code COVERS for $1,500 First Bet on CFP First Round Tulane vs Mississippi. Get bonus bets back if your first wager loses.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Dec 20, 2025 • 12:05 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

The College Football Playoff first round brings an intriguing matchup when No. 11 Tulane faces No. 6 Mississippi on Saturday, December 20 in Oxford. New bettors can capitalize on this exciting clash with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion joins the ranks of top sportsbook promos available for the playoff action.

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BetMGM bonus code COVERS delivers $1,500 First Bet for Tulane vs Mississippi

The BetMGM bonus code COVERS unlocks a substantial $1,500 First Bet offer for new users betting on the Tulane-Mississippi College Football Playoff game. After registering and making a minimum $10 deposit, your first real-money wager is protected up to $1,500. If your initial bet on the Rebels or Green Wave loses, BetMGM returns your stake in bonus bets.

The bonus bet structure varies based on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet equal to your loss. For example, if you bet $1,000 on Mississippi to cover the spread and lose, you would receive five $200 bonus bets totaling $1,000. All bonus bets expire after seven days and cannot be withdrawn directly.


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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How to claim your BetMGM First Bet offer for CFP action

Claiming your BetMGM welcome offer for the Tulane vs Mississippi playoff game requires four simple steps. First, register a new account using the bonus code COVERS, then verify your identity with the necessary documentation. Next, make your initial deposit of at least $10 to activate the promotion. Then place your first real money wager on any College Football Playoff market, including game spreads, totals, or player props for this matchup. Finally, if your bet wins, withdraw your profits immediately, or if it loses, use your bonus bets within seven days.

This offer is available to new customers in eligible states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming, plus Washington D.C. and Puerto Rico. Read our comprehensive BetMGM bonus review for additional details on terms and conditions.


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Luc LeBlanc
Content Editor

Luc has been keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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