BetMGM Bonus Code COVERS50: Claim up to $1.5K Bonus for MLB & WNBA Sunday Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 2, 2026 , 12:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for a $1,500 First Bet or Bet $10, Get $150 on Sunday's MLB & WNBA slate.

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 an exclusive welcome offer with BetMGM bonus code COVERS50 in time for Sunday's packed MLB and WNBA slate on Aug. 3. Depending on your state, you can either place a $1,500 First Bet or take advantage of the Bet $10, Get $150 offer, both available through sportsbook promos. Either way, you also receive $50 in BetMGM Rewards Points just for signing up.

From Red Sox-Dodgers to Fever-Lynx, there is no shortage of action to target with 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: How the $1,500 First Bet and $150 Offer Work for MLB and WNBA Sunday

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. In most eligible states, including AZ, IL, IN, MA, NC, and others, new users receive a $1,500 First Bet. If your first wager loses, BetMGM returns your entire stake in bonus bets, up to $1,500. If you wager more than $50 and lose, the bonus is issued as five separate bonus bets, each worth 20 percent of your original stake. For example, a losing $1,500 bet on the Red Sox-Dodgers moneyline would return five $300 bonus bets totaling $1,500. If you wager $50 or less and lose, you receive one bonus bet for the full amount. Bonus bets expire seven days from issuance.

In CO, MI, NJ, PA, and WV, the offer works differently. Place a $10 minimum wager on any game, such as Fever-Lynx or Yankees-Cubs, and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets. This offer is valid through 11:59 p.m. ET on April 30, 2026. Regardless of which offer applies to your state, all new users receive $50 in BetMGM Rewards Points instantly upon signing up with code COVERS50.

BetMGM Rewards Points are a loyalty currency that can be used in several ways.

They can be redeemed for bonus credits for digital play at BetMGM, converted to MGM Rewards Points for use at MGM properties, exchanged for Marriott Bonvoy Points, used toward merchandise, or applied to Gametime Vouchers for live events. You can learn more at the BetMGM Rewards page. A minimum $10 deposit is required to activate either welcome offer, and you must not appear on any self-exclusion lists to participate.


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 Sunday's Slate

Claiming your BetMGM welcome offer ahead of Sunday's MLB and WNBA action is straightforward. Follow these steps to get started with either the $1,500 First Bet or the Bet $10, Get $150 offer.

  1. Download the BetMGM app and explore the platform to get comfortable with navigation, banking options, and available markets before registering.
  2. Click through to register a new BetMGM account. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
  3. Enter BetMGM bonus code COVERS50 during registration. This step is required to unlock either welcome offer and your $50 in BetMGM Rewards Points. Skipping the code will void the promotion.
  4. Make a minimum $10 deposit using any available payment method, including Visa, Mastercard, debit cards, PayPal, Skrill, bank transfers, or Play+.
  5. Place your first real-money wager on any market from Sunday's slate. Options include moneylines, point spreads, totals, player props, same-game parlays, or live betting across games like Red Sox-Dodgers, Fever-Lynx, or Rangers-Astros. If you are in most states and your bet loses, you receive bonus bets back up to $1,500. If you are in CO, MI, NJ, PA, or WV and your bet wins, you receive $150 in bonus bets.
  6. Winning bets are immediately withdrawable. Bonus bets must be played through before any payout is available, and BetMGM does not return your stake when using bonus bets.

For a full breakdown of terms and platform details, read the 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 LeBlanc is a Content Editor at Covers who believes good information should make people think more clearly — not tell them what to think.

He prioritizes organizing sports data into simple, transparent insights that readers can actually use. Rather than relying on bold predictions, model projections, or betting buzzwords, he prefers presenting meaningful trends, relevant context, and easy-to-understand statistics that help people make informed decisions for themselves.

A lifelong hockey player and sports fan, Luc combines an analytical mindset with a passion for clear communication. Whether he's breaking down NHL player props, tennis matchups, or broader betting trends, his goal is always the same: take complex information, remove the noise, and present it in a way that's accessible to everyone from casual fans to experienced bettors.

Luc is always exploring new ways to visualize information or finding ways to make numbers easier to understand. Hockey and tennis may be his favourite sports, but he is most passionate about making information easier to understand. Whether it's the NHL, ATP Tour, MLB, or NFL, he enjoys finding meaningful patterns, separating signal from noise, and presenting data in a way that anyone can follow.

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