New users can grab one of the best sportsbook promos available this Friday, July 31, by using the BetMGM bonus code COVERS50 to unlock either a $1,500 First Bet offer or, in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, a Bet $10, Get $150 offer. Both deals also come with $50 in BetMGM Rewards Points just for signing up.
With a full 15-game MLB slate headlined by Red Sox-Dodgers and Yankees-Cubs, plus a two-game WNBA card featuring Wings-Mystics and Storm-Dream, Friday is the perfect day to get started with $1,500 in first-bet coverage.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: How the $1,500 First Bet and Bet $10, Get $150 Offers Work
The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. Most new users across eligible states will receive the $1,500 First Bet offer, while bettors in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can opt for the Bet $10, Get $150 promotion instead. Both offers also deliver $50 in BetMGM Rewards Points the moment you complete registration.
Here is how each offer breaks down:
- $1,500 First Bet: Place up to $1,500 on any market, such as the Red Sox-Dodgers moneyline or a WNBA point spread for Wings-Mystics. If your bet loses, you receive your full stake back in bonus bets. Wagers above $50 are returned as five bonus bets, each worth 20% of your original stake. For example, a $1,500 losing bet on the Yankees-Cubs game would return five $300 bonus bets. Wagers of $50 or less come back as a single bonus bet. Bonus bets expire seven days after they are issued.
- Bet $10, Get $150 (CO, MI, NJ, PA, WV): Deposit at least $10 and place a minimum $10 wager on any sport or market. If your bet wins, you receive your normal winnings plus $150 in bonus bets, issued as three $50 bonus bets. For example, a winning $10 bet on the Storm-Dream spread would trigger the full $150 reward. Bonus bets expire seven days from issuance.
BetMGM Rewards Points are a separate perk available with both offers. The 50 points you receive at sign-up can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. You can learn more about the rewards program at the BetMGM Rewards page.
A minimum $10 deposit is required to activate either welcome offer, and the code must be entered at registration or the offer will not be applied to your account.
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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How to Claim Your BetMGM Welcome Offer for Friday's MLB and WNBA Slate
Follow these steps to claim your BetMGM welcome offer and get in on Friday's action across MLB and the WNBA:
- Download the BetMGM app. Browse the available markets, check out banking options, and confirm the platform works for you before creating an account.
- Register your account. Have your personal information ready, including your name, address, email address, and driver's license, to speed up the sign-up process.
- Enter the BetMGM bonus code COVERS50. Input the code during registration to unlock your $50 in BetMGM Rewards Points instantly. Skipping the code will void the offer entirely.
- Make a deposit. Fund your account with at least $10 using a preferred payment method such as Visa, Mastercard, PayPal, Skrill, Play+, or a bank transfer.
- Place your first bet. Wager on any Friday market, whether that is the Red Sox-Dodgers total, the Yankees-Cubs moneyline, a Wings-Mystics spread, or any other available option. If you are in CO, MI, NJ, PA, or WV and your $10 bet wins, you collect your winnings plus $150 in bonus bets. In all other eligible states, a losing first bet of up to $1,500 is returned in bonus bets.
- Use your bonus bets within seven days. Bonus bets must be wagered before any payout is available, and BetMGM does not return your stake when using bonus bets on subsequent wagers.
For a full breakdown of everything BetMGM has to offer new 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.
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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.
