March Matchups officially begins with the 68-team bracket set and ready for action. New users can claim the BetMGM bonus code COVERS offer to make a $1,500 First Bet on tournament games starting Sunday, March 15. This welcome promotion gives you back bonus bets if your initial wager loses, making it the perfect time to bet on the opening rounds. BetMGM joins other leading operators offering competitive sportsbook promos for the tournament.
COVERS
BetMGM Bonus Code Details for $1,500 March Matchups Betting
The BetMGM bonus code COVERS unlocks a substantial welcome offer for new customers looking to bet on March Matchups action. This promotion provides up to $1,500 in bonus bets if your first real money wager loses, giving you a second chance to capitalize on tournament betting opportunities. The offer applies to any sports market, making it ideal for backing your bracket picks or betting on individual game spreads and totals.
New users must make a minimum $10 deposit and place their first bet to activate this promotion. If your initial wager wins, you keep your profits and can withdraw them immediately. However, if your first bet loses, BetMGM returns your stake as bonus bets up to the $1,500 maximum. For example, if you bet $500 on a No. 1 seed to cover the spread in their opening game and they fall short, you receive $500 in bonus bets to use on other tournament matchups.
The bonus bet structure varies based on your wager amount:
- Wagers under $50 receive one bonus bet equal to your stake
- Wagers $50 or more receive five bonus bets, each worth 20% of your original stake
- All bonus bets expire after seven days
- Bonus bets cannot be withdrawn and do not return your stake when used
This offer is available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, plus DC and PR.
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 March Matchups First Bet
Follow these steps to secure your BetMGM welcome offer and start betting on tournament games:
- Register a new BetMGM account using the bonus code COVERS during sign-up
- Complete identity verification by providing your driver's license information
- Make your first deposit of at least $10 using any accepted payment method
- Place your first real money bet on any March Matchups game or market
- If your bet loses, receive bonus bets equal to your stake up to $1,500
- Use your bonus bets within seven days on additional tournament action
Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and betting options.
More BetMGM Sportsbook promos, bonuses, and offers
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Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
