BetMGM Bonus Code COVERS1550: Claim $1,500 Bonus Bets Back + $50 Reward for Rays vs. Guardians Game 4

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 16, 2026 , 03:00 PM ET • 3 min read

Use the BetMGM bonus code COVERS1550 to get a $1,500 First Bet plus $50 in Bonus Bets for Rays vs. Guardians Game 4 on Friday.

Photo By - Use BetMGM bonus code COVERS1550 to get up to $1,500 bonus bets back if your first bet loses + $50 Bonus Bets!.

Use the BetMGM bonus code COVERS1550 to claim the latest offer among sportsbook promos as of Friday, Oct. 16. New users can get a $1,500 First Bet plus $50 in Bonus Bets.

Place your qualifying wager on Rays vs. Guardians Game 4 and a code is required.

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$1,500 First Bet + $50
COVERS1550

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer + $50 Bonus Bets
BetMGM Bonus Code COVERS1550
Minimum Deposit $10
Qualifying Bet $1 to $1,500
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM 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. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code Works for Rays vs. Guardians Game 4

The BetMGM bonus code COVERS1550 is required to activate this welcome package for new users. The package includes two parts: a $1,500 First Bet and an additional $50 in Bonus Bets. Treat Rays vs. Guardians Game 4 as your first bet, or day 1, of the offer.

Here is how it plays out. If your first bet on Game 4 loses, BetMGM returns your stake in bonus bets, up to $1,500. If your first bet on Game 4 wins, you collect your winnings as normal, and the $50 in Bonus Bets still comes your way.

Here are the key terms and conditions:

  • A BetMGM bonus code is required, and the code is COVERS1550.
  • The offer is for new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY.
  • You must make a $10 initial deposit and place a real money wager to activate the welcome bonus.
  • If your first bet loses, you receive your stake back, up to $1,500, in bonus bets.
  • Wagers of more than $50 return five bonus bets, each worth 20% of your qualifying wager. Wagers under $50 return one bonus bet.
  • For example, a $1,500 losing wager returns five $300 bonus bets.
  • Bonus bets expire after seven days.
  • Winning bets are immediately withdrawable, while bonus bets must be wagered before any payout is available.
  • The offer must be claimed by Oct. 18, 2026, at 11:59 p.m. ET.
  • Users on any self-exclusion list cannot use BetMGM.

Only winnings from a bonus bet are returned, not the bonus itself. Residents of CO, MI, NJ, PA and WV can also bet $10 and get $150 if it wins.

Bet $10 on Tampa Bay vs. Cleveland picks at BetMGM and get $1,500 back in bonus bets if it loses

BetMGM is offering new users a $1,500 first-bet offer with bonus code COVERS1550, and Jon Metler has a Cleveland Guardians moneyline pick for Game 4 of the ALCS to consider for Tampa Bay vs. Cleveland picks.

  • Jon Metler recommends the Cleveland Guardians moneyline at -105, citing Cleveland's expected lineup of eight left-handed bats against Nick Martinez, whose changeup-heavy approach figures to be neutralized by disciplined hitters who rarely chase pitches out of the zone and get a longer look at the pitch's spin, and a $10 qualifying wager at -105 would return approximately $9.52 in profit on a win, while a loss would trigger up to $1,500 back in bonus bets from BetMGM.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS1550. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.

    Check if you can use our BetMGM bonus code in your state:

    BetMGM Bonus Code Eligible States
    COVERS1550 AZ, CO, IA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
    COVERSBONUS MI, NJ, PA, WV


    How to Claim the $1,500 First Bet and $50 in Bonus Bets

    Follow these steps to claim the $1,500 First Bet and $50 in Bonus Bets and wager on Rays vs. Guardians Game 4.

    1. Download the BetMGM app and review the banking options.
    2. Register with BetMGM Sportsbook by entering your name, address, email address and phone number.
    3. Enter the BetMGM bonus code COVERS1550 during sign-up, since skipping it voids the offer.
    4. Deposit at least $10 using an option such as a credit card or PayPal.
    5. Place your qualifying first bet on Rays vs. Guardians Game 4.
    6. Receive your $50 in Bonus Bets, plus bonus bets back if your first wager loses.

    Read the full BetMGM bonus review for more details.


    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.

    BetMGM responsible gambling features

    BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

    BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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