BetMGM Bonus Code 'CVRBONUS1500' Lets New Users Make a $1,500 First Bet On Friday CFB Or MLB

Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Week 8 College Football and MLB Playoffs. Get bonus bets back if your first bet loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Oct 17, 2025 • 07:21 ET • 3 min read
BetMGM bonus code for Week 8 CFB + The MLB Playoffs
Photo By - Use BetMGM bonus code "CVRBONUS1500" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

Friday's action-packed slate features Week 8 College Football highlighted by No. 2 Miami hosting Louisville in primetime, plus crucial MLB playoff games as the Dodgers look to sweep Milwaukee and Seattle faces Toronto in Game 5. New users can claim the BetMGM bonus code CVRBONUS1500 offer, providing up to $1,500 in bonus bets if their first wager loses on Friday's games. This welcome promotion is available through various sportsbook promos on October 17.

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$1,500 First Bet
CVRBONUS1500

BetMGM bonus code CVRBONUS1500 delivers $1,500 First Bet protection

The BetMGM bonus code CVRBONUS1500 provides new customers with First Bet protection up to $1,500 on Friday's college football and MLB playoff action. After registering and making a minimum $10 deposit, users can place their first real money wager on any market, including Miami's clash with Louisville or the Dodgers' potential series-clinching Game 4. If the initial bet loses, BetMGM returns the entire stake as bonus bets within 24 hours.

The bonus bet structure varies by wager amount: bets under $50 receive one bonus bet equal to the stake, while wagers of $50 or more are divided into five separate bonus bets, each worth 20% of the original stake. For example, a losing $1,500 bet on Nebraska covering the spread against Minnesota would result in five $300 bonus bets. All bonus bets expire after seven days and cannot be withdrawn directly, requiring users to place additional wagers to convert them into withdrawable winnings.


Check if you can use our BetMGM bonus code in your state

BetMGM Bonus Code Eligible States
 "COVERS1500" AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)

How to claim your BetMGM bonus for Friday's games

Claiming the BetMGM welcome offer requires four simple steps for Friday's college football and playoff baseball action. First, register a new account using bonus code CVRBONUS1500 and provide required personal information for identity verification. Second, make a minimum $10 deposit using any accepted payment method. Third, place your first real money wager on any available market, whether it's the late-night Cal vs North Carolina game or Shohei Ohtani's pitching performance against Milwaukee. Finally, if your bet wins, withdraw your winnings immediately, or if it loses, receive bonus bets to continue wagering on weekend action.

New users can learn more about terms and conditions in our comprehensive BetMGM bonus review.


More sportsbook promos, bonuses, and offers from BetMGM

  • Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead! 
  • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more. 

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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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