BetMGM Bonus Code COVERS50: Get $1,500 First Bet Bonus for Phillies-Dodgers, MLB Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 29, 2026 , 07:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 back + $50 Rewards Points for Phillies vs. Dodgers on Friday, May 29.

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

New users can use the BetMGM bonus code COVERS50 to claim one of two welcome offers ahead of the Phillies vs. Dodgers series opener on Friday, May 29. Depending on your state, you can get up to $1,500 back as bonus bets if your first wager loses, or $150 in bonus bets if your $10 bet wins, plus $50 in BetMGM Rewards Points in both cases. No matter which offer applies to you, this is one of the top sportsbook promos available for this marquee matchup.

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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: How the $1,500 First Bet and $150 Offers Work

The BetMGM bonus code COVERS50 unlocks different welcome offers depending on where you live. In most eligible states, including AZ, IL, IN, MA, NC, and others, new users receive a First Bet offer worth up to $1,500. If your first wager on, say, the Phillies moneyline loses, BetMGM returns your entire stake as bonus bets. If you wagered $1,500 and lost, you would receive five bonus bets worth $300 each. Wagers under $50 come back as a single bonus bet.

In CO, MI, NJ, PA, and WV, the offer works differently. Place a $10 bet on the Dodgers or any Phillies vs. Dodgers market, and if it wins, you receive $150 in bonus bets issued as three $50 credits. Win or lose, all users in every eligible state receive $50 in BetMGM Rewards Points instantly upon signing up with code COVERS50.

BetMGM Rewards Points are a loyalty currency you can redeem for several benefits, including:

  • Bonus credits for digital play at BetMGM
  • MGM Rewards Points for use at MGM properties
  • Marriott Bonvoy Points
  • Merchandise
  • Gametime Vouchers for live event tickets

Key terms to keep in mind: a minimum $10 deposit is required to activate either offer. Bonus bets expire seven days from issuance and cannot be withdrawn directly. BetMGM does not return your stake when using bonus bets on a winning wager. Both offers are available to new users only and must be claimed by April 30, 2026, at 11:59 p.m. ET. You cannot participate if you are on any self-exclusion list for gambling.


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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Phillies vs. Dodgers: How to Claim Your BetMGM Welcome Offer

Signing up and placing your first bet on the Phillies vs. Dodgers series is straightforward. Follow these steps to lock in your welcome bonus before Friday's first pitch:

  1. Download the BetMGM app and explore the platform to get comfortable with navigation, available markets, and banking options before registering.
  2. Register your account by clicking through to BetMGM Sportsbook. Have your name, address, email, and driver's license ready to speed up the identity verification process.
  3. Enter bonus code COVERS50 during registration. This step is mandatory. Skipping the code will void the offer entirely. You will receive your $50 in BetMGM Rewards Points immediately after signing up.
  4. Make a deposit of at least $10 using any accepted payment method, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
  5. Place your first bet on the Phillies vs. Dodgers. In most states, if your bet loses, you get up to $1,500 back in bonus bets. In CO, MI, NJ, PA, and WV, a winning $10 bet earns you $150 in bonus bets. Choose from moneylines, run lines, totals, player props, same-game parlays, or any other available market for the series.
  6. Use your bonus bets within seven days of receiving them. Winning cash bets are withdrawable immediately, but bonus bets must be played through before any payout is accessible.

For a full breakdown of what BetMGM offers new and existing users, check out 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.

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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