BetMGM Bonus Code COVERS: Make a $1,500 First Bet on NBA, MLB, NHL & More

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Mar 30, 2026 , 12:10 PM ET • 3 min read

Get started with BetMGM bonus code COVERS for a $1,500 First Bet on MLB, NBA, NHL, and NCAAB action this Monday, March 30.

New users can claim a substantial welcome offer with the BetMGM bonus code COVERS when betting on Monday's exciting slate of MLB, NBA, NHL, and NCAAB games. This $1,500 First Bet promotion gives new customers bonus bets back if their initial wager loses on March 30. With fresh baseball action, playoff-intense basketball, and tournament drama across multiple sports, there are plenty of compelling betting opportunities to explore with this generous sportsbook's promo offer.

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$1,500 First Bets
COVERS

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Bet $10, Get $150 in MI, NJ, PA, WV
COVERSBONUS

BetMGM Bonus Code Delivers $1,500 First Bet for Multi-Sport Monday

The BetMGM bonus code COVERS unlocks one of the most competitive welcome offers in sports betting, providing new users with up to $1,500 in bonus bets if their first wager doesn't win. This promotion applies to any sport or market, making it perfect for Monday's diverse lineup of MLB opening-week games, NBA regular-season finales, NHL playoff-race matchups, and college basketball tournament action. The offer structure rewards larger initial bets with multiple bonus credits, giving bettors flexibility in how they approach their welcome experience.

New customers must make a minimum $10 deposit and place their first real money wager to activate this promotion. If your initial bet on Monday's games loses, BetMGM returns your entire stake as bonus bets, up to the $1,500 maximum. For wagers over $50, the operator issues five separate bonus bets, each worth 20% of your qualifying wager amount. For example, if you bet $1,000 on a Blue Jays moneyline and lose, you'd receive five $200 bonus bets totaling your full stake back.

Key terms include:

  • Bonus bets expire seven days after issuance
  • Available in most states where BetMGM operates
  • Minimum $10 deposit required
  • Bonus bet stakes are not returned with winnings

With baseball teams still sorting rotations and NBA contenders managing rest versus seeding, Monday presents numerous strategic betting angles. Whether you're targeting an under-the-radar MLB matchup or a high-stakes NBA game with playoff implications, this welcome offer provides substantial backing for your first BetMGM experience.


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)
COVERSBONUS MI, NJ, PA, WV

Best BetMGM Betting Boosts

BetMGM All Users

  • Get an odds boost for any MLB bet
  • Get a parlay boost for any sport
  • Hat Trick Jackpot: Win a share of $10K in bonus bets if your anytime goal scorer bet scores 3+ goals

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How to Claim Your BetMGM Welcome Offer for Monday's Games

Getting started with BetMGM's welcome promotion is straightforward and can be completed in time for Monday's action across multiple sports.

  1. Register a new BetMGM account using bonus code **COVERS** during the sign-up process
  2. Complete identity verification by providing your driver's license information
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your qualifying first bet on any MLB, NBA, NHL, or NCAAB market for Monday's games
  5. If your bet loses, you receive bonus bets equal to your stake within 24 hours
  6. Use your bonus bets within seven days on any available markets

For complete details on terms, conditions, and available markets, check out our comprehensive 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.

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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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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