BetMGM Bonus Code COVERS: Get up to $1,500 Bonus Bets for Knicks vs. Celtics, Rockets vs. Spurs

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 23, 2026 , 05:15 PM ET • 3 min read

Use the BetMGM bonus code COVERS to get a $1,500 First Bet for the NBA on Prime doubleheader on Friday night.

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

Use the BetMGM bonus code COVERS on Oct. 23 to unlock one of the top sportsbook promos available. A code is required, and new users can claim a $1,500 First Bet on the NBA on Prime doubleheader, featuring Knicks vs. Celtics and Rockets vs. Spurs.

A $10 deposit and a qualifying wager activate the offer, with bonus bets returned if your first bet loses.

BetMGM Logo
$1,500 First Bet
COVERS

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
Minimum Deposit $10
Qualifying Bet $1 to $1,500
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM 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. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified October 23
Info Confirmed By Michael Hoad

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BetMGM Bonus Code COVERS: How the $1,500 First Bet Works

The BetMGM bonus code COVERS is required to claim this welcome offer, and it is available only to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. You can use it on either game in the NBA on Prime doubleheader, Knicks vs. Celtics or Rockets vs. Spurs. Here are the key terms:

  • Make a $10 initial deposit and place a real money wager to activate the welcome bonus.
  • If your first bet loses, you receive your entire stake back, up to $1,500, in bonus bets.
  • Bonus bets expire after seven days.
  • The offer must be claimed by Oct. 18, 2026, at 11:59 p.m. ET.
  • Users on any self-exclusion list for gambling cannot use BetMGM.

The second part of the offer is how the bonus bets are issued. If you wager more than $50, BetMGM awards five bonus bets, each worth 20% of your qualifying wager. If you wager less than $50, you receive one bonus bet.

Say you place a $1,500 first bet on the Knicks vs. Celtics game and it loses. You would receive five $300 bonus bets, adding up to $1,500. If your first bet on the Rockets vs. Spurs game wins, you collect your winnings as normal and they are immediately withdrawable.

Bonus bets must be wagered before any payout is available, and only winnings from the wager are returned, not the bonus bet itself. Residents of CO, MI, NJ, PA and WV can also bet $10 and get $150 if the bet wins.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.

    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, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
    COVERSBONUS MI, NJ, PA, WV


    How to Claim the $1,500 First Bet for the NBA on Prime Doubleheader

    Follow these steps to claim both parts of the BetMGM welcome offer and place your first bet on the NBA on Prime doubleheader.

    1. Download the BetMGM app and review the banking options.
    2. Register with BetMGM Sportsbook using your name, address, email address and phone number.
    3. Enter the BetMGM bonus code COVERS during sign-up to avoid voiding the offer.
    4. Deposit at least $10 using a credit card, PayPal or another available method.
    5. Place your qualifying first bet on either NBA on Prime game.

    Want more details? Read our full 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.

    BetMGM responsible gambling features

    BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

    BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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