BetMGM Bonus Code COVERS50: Get $1,500 Bonus Bets for Padres-Giants, MLB Games on Monday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 4, 2026 , 08:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for a $1,500 First Bet or Bet $10, Get $150 for Padres vs. Giants on Monday.

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 two welcome offers with the BetMGM bonus code COVERS50 ahead of Padres vs. Giants on Monday, May 4. In most states, you can make a $1,500 First Bet on BetMGM, while bettors in CO, MI, NJ, PA, and WV can Bet $10 and Get $150 if it wins. Both deals also include $50 in BetMGM Rewards Points instantly.

Check out all available sportsbook promos before placing your first wager.

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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: $1,500 First Bet or Bet $10, Get $150

Using the BetMGM bonus code COVERS50 unlocks one of two welcome offers depending on your state. In most eligible states, you can place a First Bet up to $1,500 on Monday's Padres vs. Giants matchup. If that bet loses, BetMGM returns your entire stake in bonus bets, up to $1,500. Wagers above $50 are returned as five bonus bets, each worth 20% of your qualifying stake. For example, a $1,500 losing bet on Randy Vasquez to win would come back as five $300 bonus bets. Wagers of $50 or less are returned as a single bonus bet.

Bettors in CO, MI, NJ, PA, and WV have access to a different offer: Bet $10, Get $150 if your first wager wins. If you placed a $10 bet on the Padres moneyline and it came through, you would receive your winnings plus $150 in bonus bets issued as three $50 bonus bets. Regardless of the outcome under either offer, you receive $50 in BetMGM Rewards Points instantly upon signing up.

BetMGM Rewards Points can be used as bonus credits for digital play at BetMGM, converted to MGM Rewards Points or Marriott Bonvoy Points, redeemed for merchandise, or applied toward Gametime Vouchers. Key terms to keep in mind:

  • A minimum $10 deposit is required to activate either welcome offer.
  • Bonus bets expire seven days from issuance.
  • BetMGM does not return your stake when using bonus bets.
  • Both offers are available to new users only and expire at 11:59 p.m. ET on April 30, 2026.
  • The $1,500 First Bet is available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY, among other states. The Bet $10, Get $150 offer is exclusive to CO, MI, NJ, PA, and WV.
  • Users on self-exclusion lists are not eligible.

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 Padres vs Giants

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How to Claim Your BetMGM Welcome Offer for Padres vs. Giants

Follow these steps to sign up with BetMGM and place your first bet on Monday night's NL West showdown between San Diego and San Francisco:

  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 registration. This step is required to unlock either welcome offer and to receive your $50 in BetMGM Rewards Points instantly. Skipping the code will void the promotion.
  3. Deposit at least $10 using an accepted payment method such as Visa, Mastercard, debit card, bank transfer, Play+, Skrill, or PayPal.
  4. Place your qualifying wager on Padres vs. Giants. In most states, bet up to $1,500 on any market, such as the moneyline, run line, or total. In CO, MI, NJ, PA, or WV, place a minimum $10 bet to qualify for the Bet $10, Get $150 offer if your bet wins.
  5. If your first bet loses under the $1,500 First Bet offer, BetMGM will credit your account with bonus bets equal to your stake. If your $10 bet wins under the Bet $10, Get $150 offer, you will receive $150 in bonus bets on top of your winnings.
  6. Winning cash bets are immediately withdrawable. Bonus bets must be used before any payout is available and expire after seven days.

For a full breakdown of terms and user experience, read the BetMGM bonus review before getting started.


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 has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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