BetMGM Bonus Code COVERS: Make a $1500 First Bet on MLB Opening Day

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Mar 26, 2026 , 12:10 PM ET • 3 min read

Get the BetMGM bonus code COVERS for MLB Opening Day. Claim up to $1,500 back in bonus bets if your first wager loses on Thursday's games.

MLB Opening Day arrives Thursday, March 26, and new bettors can capitalize with the BetMGM bonus code COVERS. This welcome offer provides up to $1,500 back in bonus bets if your first wager loses on any Opening Day matchup. With games spanning from afternoon first pitches to late-night West Coast action, bettors have numerous opportunities to explore sportsbook promos while baseball returns for another season.

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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 Opening Day Protection

The BetMGM bonus code COVERS unlocks a substantial welcome offer for new users ready to wager on MLB Opening Day action. This promotion returns your entire stake, up to $1,500, in bonus bets if your first real money wager loses. The offer applies to any Opening Day game, whether you're backing Chicago against St. Louis in an early matchup or waiting for the Los Angeles-Houston showdown under the lights.

New customers must make a minimum $10 deposit and place their first real money bet to activate this promotion. If your Opening Day wager wins, you keep your winnings and can withdraw them immediately. However, if your bet loses, BetMGM returns your stake in bonus bet credits within hours of settlement.

The bonus bet structure depends on your initial wager amount:

  • Wagers under $50 receive one bonus bet equal to your stake
  • Wagers $50 or more receive five bonus bets, each worth 20% of your original stake
  • All bonus bets expire seven days after issuance
  • Bonus bet winnings exclude the stake amount

For example, if you wager $500 on Texas to beat Philadelphia and lose, you'd receive five $100 bonus bets totaling your original $500 stake. These bonus credits provide multiple opportunities to profit from the remaining Opening Day games or future MLB action throughout the week.


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


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How to Claim Your MLB Opening Day Bonus

Claiming this BetMGM welcome offer for Opening Day requires completing several straightforward steps:

  1. Register a new BetMGM account using the bonus code COVERS during signup
  2. Verify your identity by providing the required documentation
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on any Opening Day game or market
  5. Receive bonus bets within hours if your initial wager loses

This promotion provides new bettors with substantial protection as they explore MLB Opening Day markets, from traditional moneylines and run totals to player props and live betting options. Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and betting options.

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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