Use BetMGM Bonus Code 'CVRBONUS1500' For Up To $1,500 Bonus Bets Back On An NBA First Bet

Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on NBA Season Opener. Thunder vs Rockets and Warriors vs Lakers tip off Tuesday.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Oct 21, 2025 • 10:57 ET • 3 min read
Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on NBA Season Opener. Thunder vs Rockets and Warriors vs Lakers tip off Tuesday.
Photo By - Use BetMGM bonus code "CVRBONUS1500" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The NBA Season Opener arrives Tuesday with two compelling Western Conference matchups on NBC, making it the perfect time to claim the BetMGM bonus code offer. New users can secure up to $1,500 in bonus bets using code CVRBONUS1500 when wagering on the Thunder's championship ring ceremony against the Rockets or the Lakers hosting the Warriors without LeBron James. This welcome offer stands among the top sportsbook promos available for Tuesday's season-opening action.

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$1,500 First Bet
CVRBONUS1500

BetMGM bonus code CVRBONUS1500 delivers $1,500 First Bet for NBA opener

The BetMGM bonus code CVRBONUS1500 provides new customers with bonus bet protection up to $1,500 on their first wager. If your initial bet on Tuesday's NBA games loses, BetMGM returns your stake as bonus bets within 24 hours. For example, a $1,000 losing wager on the Thunder to cover the spread against Houston would generate five $200 bonus bets totaling $1,000.

The offer requires a minimum $10 deposit and applies to any betting market on Tuesday's games. Bonus bets expire after seven days and cannot be withdrawn directly. Key terms include:

  • Available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, DC, and PR
  • Wagers over $50 receive five separate bonus bets worth 20% each
  • Wagers under $50 receive one bonus bet matching the stake
  • Bonus bets must be used within seven days

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

BetMGM Bonus Code Eligible States
 "COVERS1500" AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)

How to claim your BetMGM promo for NBA Season Opener

Claiming this BetMGM welcome offer takes just minutes before Tuesday's 8 p.m. ET tipoffs. Follow these steps to secure your bonus bet protection:

  1. Click the BetMGM registration link and enter bonus code CVRBONUS1500
  2. Complete account verification with personal information and ID
  3. Make a minimum $10 deposit using any accepted payment method
  4. Place your first real money wager on Thunder vs Rockets or Warriors vs Lakers
  5. Receive bonus bets within 24 hours if your first bet loses

New users can immediately withdraw winnings from successful first bets, while bonus bets require wagering before accessing potential payouts. Read our comprehensive BetMGM bonus review for additional details on terms and conditions.


More sportsbook promos, bonuses, and offers from BetMGM

  • Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead! 
  • 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.

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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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