BetMGM Bonus Code COVERS50: Get $1,500 Bonus Bets for MLB & WNBA Games on Monday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 3, 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 Monday'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 grab one of two strong BetMGM bonus code offers in time for Monday's MLB and WNBA action on Aug. 3. Enter code COVERS50 at sign-up to claim either a $1,500 First Bet or the Bet $10, Get $150 offer available in select states. Both deals also come with $50 in BetMGM Rewards Points just for signing up.

Whether you are targeting Dodgers-Cubs at Wrigley or the Aces-Dream matchup, these sportsbook promos give you a strong way to start.

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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 for Monday's MLB and WNBA Slate

The BetMGM bonus code COVERS50 unlocks two different welcome offers depending on your state. In most states, new users receive a First Bet worth up to $1,500. If your first wager loses, BetMGM returns your entire stake in bonus bets, up to that $1,500 ceiling. Bets of more than $50 are returned as five bonus bets, each worth 20 percent of the original stake, while bets of $50 or less come back as a single bonus bet.

New users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia have access to the Bet $10, Get $150 offer instead. Place a $10 qualifying wager on a game like Dodgers-Cubs or the Aces-Dream showdown, and if it wins, you receive $150 in bonus bets issued as three $50 credits. If your Dodgers moneyline bet loses under the $1,500 First Bet offer, you get your stake back in bonus bets to keep going through the rest of the night's slate.

Both offers require a minimum $10 deposit and are available only to new BetMGM users. Bonus bets expire seven days from issuance, and BetMGM does not return your stake when bonus bets are used. The $50 in BetMGM Rewards Points is awarded instantly upon sign-up regardless of the outcome of your first bet. Those points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. The terms and conditions are as follows:

  • Code COVERS50 is required at registration
  • Minimum $10 deposit required
  • First Bet offer available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY
  • Bet $10, Get $150 available in CO, MI, NJ, PA, and WV
  • Bonus bets expire seven days after issuance
  • $50 BetMGM Rewards Points awarded instantly at sign-up
  • Not available to users on self-exclusion lists

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 Monday's MLB and WNBA Games

Claiming your BetMGM welcome offer before Monday's slate tips off 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 or visit the BetMGM website and click the sign-up button to begin registration.
  2. Enter your personal information, including your name, address, email address, and driver's license details to verify your identity.
  3. When prompted, enter the BetMGM bonus code COVERS50 to unlock your welcome offer and receive your $50 in BetMGM Rewards Points instantly.
  4. Select your preferred banking method and deposit a minimum of $10. Accepted options include Visa, Mastercard, debit cards, PayPal, Skrill, bank transfers, and Play+.
  5. Place your first real-money wager on any market available for Monday's slate. Strong options include the Dodgers-Cubs game at Wrigley Field, the Blue Jays-Astros matchup in Houston, or the Aces-Dream WNBA game in Atlanta. Moneylines, point spreads, totals, player props, and same-game parlays all qualify.
  6. If your first bet loses under the $1,500 First Bet offer, bonus bets are credited to your account. If you are in CO, MI, NJ, PA, or WV and your $10 bet wins under the Bet $10, Get $150 offer, three $50 bonus bets are issued automatically.
  7. Use your bonus bets within seven days. Winning cash bets are withdrawable immediately, but bonus bets must be played through before any payout from them is available.

For a full breakdown of terms and user experience details, check out 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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