BetMGM Bonus Code 'COVERS': Make A $1,500 First Bet on Mississippi vs Georgia In The CFP

Use BetMGM bonus code COVERS for $1,500 First Bet on the CFP Sugar Bowl - Mississippi vs Georgia. Get bonus bets back if your first bet loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 1, 2026 • 17:05 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 quarterfinal between No. 6 Mississippi and No. 3 Georgia in the Sugar Bowl on Thursday, January 1, promises to be an electrifying rematch. New users can capitalize on this high-stakes showdown with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion allows bettors to wager on the Rebels-Bulldogs clash with confidence, knowing they'll receive bonus bets back if their first bet loses. With both teams entering at 12-1 and Georgia having won the first meeting 43-35, this rematch presents excellent betting opportunities among today's top sportsbook promos.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 Sugar Bowl betting value

The BetMGM bonus code COVERS unlocks a generous $1,500 First Bet offer for new customers looking to bet on the Mississippi vs Georgia Sugar Bowl matchup. After registering and making a minimum $10 deposit, users can place their first real money wager on any market related to this CFP quarterfinal. If that initial bet loses, BetMGM returns the entire stake as bonus bets up to $1,500.

The bonus bet structure depends on your wager amount. Bets over $50 are split into five equal bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet. For example, if you bet $1,000 on Mississippi to cover the spread and lose, you'd receive five $200 bonus bets totaling $1,000. All bonus bets expire after 7 days and cannot be withdrawn directly; they must be used to place additional wagers.


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)

BetMGM odds for Mississippi vs Georgia


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How to claim your Sugar Bowl betting bonus

Claiming your BetMGM welcome offer for the Mississippi vs Georgia game requires just a few simple steps. First, register for a new BetMGM account using bonus code COVERS during the sign-up process. Next, make your initial deposit of at least $10 using any accepted payment method. Finally, place your first real money bet on any Sugar Bowl market, whether it's the point spread, total points, or player props.

If your first wager wins, you keep all winnings and can withdraw them immediately. Should it lose, BetMGM credits your account with bonus bets equal to your stake up to $1,500. Remember that bonus bets expire after seven days, so use them promptly on additional College Football Playoff games or other sports markets. For complete terms and conditions, check out our comprehensive BetMGM bonus review.


More BetMGM Sportsbook promos, bonuses, and offers from

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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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