BetMGM Bonus Code COVERS50: Claim $1.5K First Bet Bonus for the 3M Open This Weekend

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Jul 23, 2026 , 10:15 AM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 back + $50 Rewards Points for the 3M Open. New users only.

Photo By - Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.

New users can claim one of the best sportsbook promos available heading into the 3M Open by using the BetMGM bonus code COVERS50. As of Thursday, July 23, new players in most states can place a first bet up to $1,500 and get their stake back in bonus bets if it loses, plus $50 in BetMGM Rewards Points instantly.

New users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can instead bet $10 and get $150 in bonus bets if that first wager wins, along with the same $50 in Rewards Points.

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$1,500 First Bets
COVERS50
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

BetMGM Bonus Code COVERS50: How the 3M Open Offer Works

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. In most eligible states, including Arizona, Illinois, Indiana, Kentucky, Maryland, Massachusetts, North Carolina, Ohio, Tennessee, and Virginia, among others, the offer is a first bet up to $1,500. If your opening wager on the 3M Open loses, BetMGM returns your full stake in bonus bets. For example, if you place $1,500 on Scottie Scheffler to win and he falls short, you receive five bonus bets worth $300 each. If your first bet is under $50, you receive one bonus bet equal to your stake. Bonus bets expire seven days from issuance.

In Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, the offer works differently. Place a $10 first bet on any 3M Open market and if it wins, you receive $150 in bonus bets issued as three $50 credits. Win or lose, all users using code COVERS50 receive $50 in BetMGM Rewards Points instantly upon signing up. Those points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. A minimum $10 deposit is required to qualify for either offer. Bonus bets cannot be withdrawn directly and do not return your stake when used.

  • Code required: COVERS50
  • First bet protection up to $1,500 in most states
  • Bet $10, Get $150 if it wins in CO, MI, NJ, PA, WV
  • $50 BetMGM Rewards Points issued instantly to all new users
  • Bonus bets expire seven days from issuance
  • Minimum $10 deposit required

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

BetMGM Bonus Code Eligible States
 COVERS50 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)
COVERSBONUS MI, NJ, PA, WV

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How to Claim Your BetMGM Welcome Offer for the 3M Open

Claiming your welcome bonus before the 3M Open gets underway is straightforward. Follow these steps to get started with BetMGM Sportsbook and put your first bet to work this week at TPC Twin Cities.

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your name, address, email address, and driver's license ready to speed things up.
  2. Enter the BetMGM bonus code COVERS50 during sign-up. Entering the code is required to unlock either welcome offer and the $50 in Rewards Points. Skipping this step will void the promotion.
  3. Make a minimum $10 deposit using any accepted payment method, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
  4. Place your first real-money wager on the 3M Open. You can bet on outright winner markets, round leaders, top-10 finishes, or any other available golf market. In most states, your stake is protected up to $1,500 if the bet loses. In CO, MI, NJ, PA, and WV, a winning $10 bet returns $150 in bonus bets.
  5. Collect your $50 in BetMGM Rewards Points immediately after signing up, regardless of how your first bet settles. Points can be used for digital credits, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers.
  6. If your first bet loses, bonus bets will be credited to your account. Use them within seven days on any available market before the funds expire.

For a full breakdown of what BetMGM offers new and existing users, read the complete BetMGM bonus review.


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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.

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Luc LeBlanc
Content Editor

Luc LeBlanc is a Content Editor at Covers who believes good information should make people think more clearly — not tell them what to think.

He prioritizes organizing sports data into simple, transparent insights that readers can actually use. Rather than relying on bold predictions, model projections, or betting buzzwords, he prefers presenting meaningful trends, relevant context, and easy-to-understand statistics that help people make informed decisions for themselves.

A lifelong hockey player and sports fan, Luc combines an analytical mindset with a passion for clear communication. Whether he's breaking down NHL player props, tennis matchups, or broader betting trends, his goal is always the same: take complex information, remove the noise, and present it in a way that's accessible to everyone from casual fans to experienced bettors.

Luc is always exploring new ways to visualize information or finding ways to make numbers easier to understand. Hockey and tennis may be his favourite sports, but he is most passionate about making information easier to understand. Whether it's the NHL, ATP Tour, MLB, or NFL, he enjoys finding meaningful patterns, separating signal from noise, and presenting data in a way that anyone can follow.

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