BetMGM Bonus Code COVERS50: Claim $1,500 Bonus Bets for Yankees vs. Royals, MLB Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 27, 2026 , 03:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for a $1,500 First Bet or Bet $10, Get $150 for Yankees vs. Royals on Wednesday.

Photo By - Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.

New users can use the BetMGM bonus code to claim one of two welcome offers ahead of Yankees vs. Royals on Wednesday, May 27. Depending on your state, you can claim a $1,500 First Bet or a Bet $10, Get $150 offer, plus $50 in BetMGM Rewards Points with either deal. A code is required, so enter COVERS50 at sign-up.

Explore more sportsbook promos to see what else is available before locking in your pick.

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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 Yankees vs. Royals

The BetMGM bonus code unlocks two distinct welcome offers depending on where you live. In most eligible states, new users receive a $1,500 First Bet, meaning if your first wager loses, BetMGM returns your entire stake in bonus bets, up to $1,500. New users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia instead receive $150 in bonus bets if their initial $10 wager wins, regardless of the outcome on the Rewards Points front.

With the $1,500 First Bet offer, if your qualifying wager is more than $50 and it loses, BetMGM issues five bonus bets, each worth 20% of your original stake. For example, if you placed $1,500 on the Yankees moneyline and it lost, you would receive five $300 bonus bets totaling $1,500. If your wager is $50 or less and loses, you receive one bonus bet equal to your stake. Bonus bets expire seven days from issuance.

With the Bet $10, Get $150 offer available in CO, MI, NJ, PA, and WV, place a minimum $10 wager on Wednesday's Yankees-Royals game. If it wins, BetMGM issues $150 in bonus bets as three $50 bonus bets, which also expire after seven days. Regardless of which offer you claim or whether your bet wins or loses, you instantly receive $50 in BetMGM Rewards Points upon sign-up with code COVERS50.

BetMGM Rewards Points are part of BetMGM's loyalty program and can be redeemed for a variety of benefits, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Both welcome offers are available to new users only and must be claimed by April 30, 2026, at 11:59 p.m. ET. A minimum $10 deposit is required to activate either offer, and you cannot participate if you are on any 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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Make sure to check out our Yankees vs. Royals picks for today's exciting affair, featuring the return of Gerrit Cole.


Live BetMGM odds for Yankees vs Royals

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How to Claim Your BetMGM Welcome Offer for Yankees vs. Royals

Follow these steps to sign up with BetMGM and place your first bet on Wednesday's Yankees-Royals matchup featuring Gerrit Cole on the mound against Noah Cameron.

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
  2. Enter the BetMGM bonus code COVERS50 during sign-up. This step is mandatory. Skipping the code will void the welcome offer from your account. You will receive your $50 in BetMGM Rewards Points instantly after registering.
  3. Select your preferred banking method and deposit a minimum of $10. Accepted payment options include Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
  4. Place your first real-money wager on Yankees vs. Royals. You can bet the moneyline, run line, total, or any available player prop. If you are in most eligible states, your $1,500 First Bet is now active. If you are in CO, MI, NJ, PA, or WV, your Bet $10, Get $150 offer is in play.
  5. If your bet loses under the $1,500 First Bet offer, BetMGM will return your stake in bonus bets within 24 hours. If your $10 bet wins under the Bet $10, Get $150 offer, your $150 in bonus bets will be credited as three $50 bonus bets. Winning cash bets are withdrawable immediately, while bonus bets must be used before any payout is available.

Read the full BetMGM bonus review to learn more about what the sportsbook has to offer beyond the welcome promotion.


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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.

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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