BetMGM Bonus Code COVERS: Claim $1,500 First Bet Bonus for MLB & WNBA Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 5, 2026 , 12:10 PM ET • 3 min read

Use BetMGM bonus code COVERS on Aug. 5 to claim a $1,500 First Bet or Bet $10, Get $150 for MLB & WNBA action.

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

New users can take advantage of two strong welcome offers available right now with the BetMGM bonus code COVERS. As of Aug. 5, BetMGM is offering a $1,500 First Bet for new users in most states, while bettors in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can opt for a Bet $10, Get $150 offer instead. Both offers are available to new users looking to bet on Wednesday's MLB and WNBA slate.

Check out other sportsbook promos to see how BetMGM stacks up.

BetMGM Logo
$1,500 First Bets
COVERS
BetMGM Logo
Bet $10, Get $150 in MI, NJ, PA, WV
COVERSBONUS

* Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (available in the U.S.), 877-8-HOPENY or text HOPENY (467369) (NY), 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), or 1-800-981-0023 (PR). 21+ only. Please gamble responsibly. See BetMGM Terms. First Bet Offer for new customers only (where applicable). Subject to eligibility requirements. Bonus Bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Offer not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

BetMGM Bonus Code COVERS: How the $1,500 First Bet and Bet $10, Get $150 Offers Work for MLB and WNBA

The BetMGM bonus code COVERS unlocks one of two welcome offers depending on your state. In most eligible states, including Arizona, Illinois, Indiana, Kentucky, Maryland, Massachusetts, North Carolina, Ohio, Tennessee, and Virginia, new users receive a $1,500 First Bet. If your first wager on any MLB or WNBA game loses, BetMGM returns your entire stake in bonus bets, up to $1,500.

Here are the key terms for the $1,500 First Bet offer:

  • A minimum $10 deposit and real-money wager are required to activate the offer.
  • If your first bet loses, you receive your stake back in bonus bets, up to $1,500.
  • Wagers above $50 are returned as five bonus bets, each worth 20% of your qualifying stake. Wagers below $50 are returned as one bonus bet.
  • Bonus bets expire seven days from issuance.
  • The offer must be claimed by Sept. 1, 2026, at 11:59 p.m. ET.

For example, if you place a $200 bet on Blue Jays-Astros and it loses, BetMGM would return five $40 bonus bets totaling $200. If that same bet wins, your cash winnings are immediately withdrawable. New users in Michigan, New Jersey, Pennsylvania, and West Virginia have access to the Bet $10, Get $150 offer instead. Place a $10 wager on any MLB or WNBA game, and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets, each expiring seven days from issuance. A minimum $10 deposit is required to qualify for this offer as well.


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

BetMGM Bonus Code Eligible States
 COVERS 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

Best BetMGM Boosts

BetMGM All Users

  • Get an odds boost for any 3+ leg MLB Parlay/SGP
  • Get an odds boost for any WNBA bet

Check out all BetMGM odds and profit boosts for today.


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How to Claim Your BetMGM Welcome Offer for Wednesday's Slate

Follow these steps to sign up and place your qualifying bet on Wednesday's MLB and WNBA games:

  1. Download the BetMGM app or visit the BetMGM website.
  2. Click to register and enter your personal information, including your name, address, email address, and phone number.
  3. Enter the BetMGM promo code COVERS during registration. Skipping this step will void the offer.
  4. Make a minimum deposit of $10 using an accepted payment method such as a credit card or PayPal.
  5. Place your qualifying wager on any MLB or WNBA market. Users in most states are covered by the $1,500 First Bet, while users in Michigan, New Jersey, Pennsylvania, and West Virginia receive the Bet $10, Get $150 offer if their bet wins.
  6. Collect your winnings immediately if your bet wins, or receive your bonus bets if it loses, up to the offer maximum.

Read the full BetMGM bonus review for more details on this offer.


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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