The BetMGM bonus code COVERS50 unlocks two welcome offers for new users looking to get in on the action for Monday, July 14's Home Run Derby at Citizens Bank Park. Depending on your state, you can claim a $1,500 First Bet or a Bet $10, Get $150 offer, both available alongside $50 in BetMGM Rewards Points. No matter which offer applies to you, entering the code at sign-up is required to activate the bonus. Check out all available sportsbook promos to see how BetMGM stacks up heading into one of baseball's biggest summer events.
BetMGM Bonus Code COVERS50: How to Claim Up to $1,500 for the Home Run Derby
New users can activate their welcome bonus by entering the BetMGM bonus code COVERS50 at registration. The offer you receive depends on the state where you are located, and both versions of the promotion also include $50 in BetMGM Rewards Points delivered instantly upon sign-up.
In most eligible states, including AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY, the $1,500 First Bet offer applies. Place a wager on the Home Run Derby and if it loses, you receive your full stake back in bonus bets, up to $1,500. If your qualifying wager is over $50, BetMGM issues five bonus bets each worth 20% of your stake. For example, a $1,500 losing bet on Kyle Schwarber to win the Derby would return five $300 bonus bets. If your wager is $50 or under, you receive one bonus bet for the full amount. Bonus bets expire seven days from issuance.
New users in CO, MI, NJ, PA, and WV are eligible for the Bet $10, Get $150 offer instead. Place a minimum $10 wager on the Home Run Derby and if it wins, you receive $150 in bonus bets issued as three $50 credits. This bonus is available regardless of whether your bet wins or loses when it comes to the $50 Rewards Points, but the $150 in bonus bets is only triggered by a winning wager. Key terms for both offers include the following:
- A minimum $10 deposit is required to qualify for either offer.
- Bonus bets expire seven days after issuance and cannot be withdrawn directly.
- BetMGM does not return your stake when bonus bets are used.
- Users on self-exclusion lists are not eligible to participate.
The $50 in BetMGM Rewards Points you receive instantly can be redeemed in several ways. Points can be used as bonus credits for digital play at BetMGM, converted to MGM Rewards Points or Marriott Bonvoy Points, exchanged for merchandise, or applied toward Gametime Vouchers. More details on BetMGM Rewards Points are available at the BetMGM Rewards page.
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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 |

How to Sign Up and Bet on the Home Run Derby With BetMGM
Claiming your BetMGM welcome offer ahead of the Home Run Derby is straightforward. Follow these steps to get started with either the $1,500 First Bet or the Bet $10, Get $150 offer:
- Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
- Enter the BetMGM bonus code COVERS50 when prompted during sign-up. Failing to enter the code will void the welcome offer from your account. Your $50 in BetMGM Rewards Points will be credited instantly after registration.
- Make a minimum $10 deposit using one of BetMGM's available banking methods. Accepted options include Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
- Place your qualifying wager on the Home Run Derby. You can bet on the outright winner, individual round performance, or other available markets. For the $1,500 First Bet offer, a losing bet returns your stake in bonus bets up to $1,500. For the Bet $10, Get $150 offer in CO, MI, NJ, PA, and WV, a winning $10 bet triggers $150 in bonus bets.
- Collect your winnings or bonus bets. Winning wagers are immediately withdrawable, while bonus bets must be played through before any payout is available.
For a full breakdown of what BetMGM offers new and existing users, read the complete BetMGM bonus review.
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.
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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.







