Use the BetMGM bonus code COVERS to claim a new-user offer on Tuesday's NBA tip-off games. A code is required, and as of Oct. 20, the welcome offer is a $1,500 First Bet, with a smaller Bet $10, Get $150 option in select states. It is one of the top sportsbook promos available for 76ers vs. Knicks and Thunder vs. Spurs.
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 20 |
| Info Confirmed By | Michael Hoad |
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How the $1,500 First Bet Offer Works for 76ers vs. Knicks
New users in eligible states can use the BetMGM bonus code COVERS to activate the $1,500 First Bet offer. A code is required, and you must enter COVERS during registration or the offer will be voided. Place your qualifying wager on the 76ers vs. Knicks game, which tips off at 7 p.m. ET on NBC and Peacock from Madison Square Garden, or on the Thunder vs. Spurs game at 9:30 p.m. ET.
The $1,500 First Bet offer is available to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. In CO, MI, NJ, PA and WV, the second offer applies instead: Bet $10, Get $150 if your bet wins. Here are the key terms:
- You must 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.
- Wager more than $50 and BetMGM awards five bonus bets, each worth 20% of your qualifying wager. Wager less than $50 and you receive one bonus bet.
- Bonus bets expire after seven days.
- Winning bets are immediately withdrawable, but bonus bets must be wagered before any payout is available.
- The offer must be claimed by Oct. 18, 2026, at 11:59 p.m. ET.
- Users on any self-exclusion list cannot use BetMGM.
For example, if you bet $1,500 on the 76ers vs. Knicks game and lose, you would receive five $300 bonus bets, totaling $1,500. If you bet $10 on the Thunder vs. Spurs game in a Bet $10, Get $150 state and your bet wins, you would receive $150 in bonus bets.
Bet $10 on one of our NBA picks and get up to $1,500 back in bonus bets with BetMGM
BetMGM's $1,500 First Bet offer gives NBA bettors a strong safety net for these expert NBA picks, with Geoff Clark and Shawn Krest targeting games from Thursday's slate.
- Geoff Clark recommends San Antonio -2.5 at -105 against Oklahoma City, noting the Spurs went 8-4 straight up and against the spread versus the Thunder last season with a +7.6 spread differential, and that Victor Wembanyama should operate without the minutes restriction that limited him in several of those matchups; a $10 qualifying wager at -105 would return approximately $9.52 in profit on a win, and a loss would trigger BetMGM's First Bet offer, returning the full $10 stake in bonus bets.
- Geoff Clark also backs San Antonio on the moneyline, reasoning that Isiah Hartenstein can facilitate from the high post, De'Aaron Fox can benefit from cleaner catch-and-shoot looks, and the Spurs can still close out the win; because this pick carries no odds value in the picks data, no specific profit calculation can be provided, though a loss would still qualify for BetMGM's First Bet bonus bets up to $1,500.
- Shawn Krest likes New York -4.5 against Philadelphia, arguing that the Sixers' superteam construction has not produced a champion since the 2020 bubble and that the Knicks' stability should pay off early in the season; a $10 qualifying wager at the listed spread would return approximately $9.09 in profit on a win, and a loss would return the $10 stake in bonus bets under BetMGM's First Bet offer.
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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 BetMGM Bonus Code Offer for Tonight's NBA Games
Follow these steps to claim the $1,500 First Bet or the Bet $10, Get $150 offer before tip-off.
- Download the BetMGM app and review the banking options.
- Register and enter your name, address, email address, and phone number.
- Enter the BetMGM bonus code COVERS during sign-up.
- Deposit at least $10 using your preferred payment method.
- Place a qualifying wager on the 76ers vs. Knicks or Thunder vs. Spurs game.
Read the full BetMGM bonus review before you sign up.
More BetMGM Sportsbook promos, bonuses, and offers
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