BetMGM Bonus Code COVERS50: Claim up to $1,500 Bonus for Guardians vs. Reds, MLB Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Jul 27, 2026 , 04:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 back + $50 Rewards Points for Guardians vs. Reds on Monday.

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

BetMGM bonus code unlocks two strong welcome offers for new users betting on Monday's Guardians vs. Reds matchup. As of July 28, bettors in most states can claim a $1,500 First Bet offer plus $50 in BetMGM Rewards Points instantly, while new users in CO, MI, NJ, PA, and WV can instead opt for a Bet $10, Get $150 deal if their first wager wins.

Both offers are available exclusively through sportsbook promos using code COVERS50.

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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: Up to $1,500 Back for Guardians vs. Reds

The BetMGM bonus code COVERS50 gives new users access to one of two welcome offers depending on their state. In most states, you can place a First Bet of up to $1,500 on Monday's Guardians vs. Reds game. If your bet loses, BetMGM returns your full stake in bonus bets, up to $1,500. Wagers above $50 are returned as five bonus bets, each worth 20% of your original stake. For example, if you bet $1,500 on Chase Burns to go the distance and it loses, you get five $300 bonus bets back. Wagers under $50 are returned as a single bonus bet. Bonus bets expire seven days after they are issued.

In CO, MI, NJ, PA, and WV, the offer works differently. Place a $10 minimum bet on the Guardians vs. Reds opener and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets, also expiring seven days from issuance. Regardless of the outcome, both offers include $50 in BetMGM Rewards Points delivered instantly upon sign-up. BetMGM Rewards Points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Key terms to keep in mind include:

  • A minimum $10 deposit is required to qualify for either offer.
  • Code COVERS50 must be entered at registration or the offer is void.
  • Bonus bets cannot be withdrawn directly and do not return your stake when used.
  • This offer is not available to anyone on self-exclusion lists for gambling.

Get Our Guardians vs. Reds Picks

Chase Burns has been nearly untouchable in 2026, posting a 12-1 record and 2.42 ERA while surrendering two earned runs or fewer in 16 of his 19 starts. The Covers expert pick leans toward the Reds to take Game 1 of this series, with Burns' elite fastball-slider combination giving Cincinnati a significant edge over a Cleveland offense that managed just one hit in Sunday's loss.

Check out the full Guardians vs. Reds picks from our team of analysts for the latest insight before you place your first wager.


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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Live BetMGM odds for Guardians vs Reds

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How to Claim Your BetMGM Welcome Offer for Monday Night's Ohio Cup Showdown

Claiming your BetMGM welcome offer ahead of Monday's Guardians vs. Reds game is straightforward. Follow these steps to get started with either the $1,500 First Bet offer or the Bet $10, Get $150 deal in eligible states.

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your name, address, email, and driver's license ready to speed things up.
  2. Enter the BetMGM bonus code COVERS50 during sign-up. This step is required to unlock either welcome offer and your $50 in BetMGM Rewards Points, which are credited instantly.
  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 Monday's Guardians vs. Reds game. You can bet the moneyline on Slade Cecconi or Chase Burns, the run total, a player prop, or any other available market.
  5. If you are in most states and your bet loses, receive your stake back in bonus bets up to $1,500. If you are in CO, MI, NJ, PA, or WV and your bet wins, collect $150 in bonus bets issued as three $50 credits.
  6. Use your bonus bets within seven days before they expire. Winning cash bets are withdrawable immediately, but bonus bet payouts must be played through before a withdrawal is available.

For a full breakdown of terms and user experience, read the complete BetMGM bonus review before signing up.


More BetMGM Sportsbook promos, bonuses, and offers

  • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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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