BetMGM Bonus Code COVERS: Claim $1500 Bonus Promo for Bucks vs. Cavs

Use BetMGM bonus code COVERS for $1500 First Bet on Bucks vs. Cavaliers Monday. Get bonus bets back if your first wager loses.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Nov 17, 2025 • 16:05 ET • 3 min read
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The Milwaukee Bucks visit the Cleveland Cavaliers on Monday, November 17, in a Central Division showdown that could define both teams' early season trajectories. New users can capitalize on this compelling matchup with the BetMGM bonus code COVERS to unlock a $1,500 First Bet offer. This welcome promotion gives bettors bonus bets back if their initial wager loses, making it an ideal opportunity to bet on Monday's game.

Sports bettors can explore this and other sportsbook promos available for the November 17 contest.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 First Bet value

The BetMGM bonus code provides new customers with substantial protection on their first sports bet. After registering and making a minimum $10 deposit, users can place their initial wager on any market, including Monday's Bucks vs. Cavaliers game. If that first bet loses, BetMGM returns the entire stake up to $1,500 in bonus bets.

The bonus bet structure varies based on wager size. Bets over $50 receive five separate bonus bets, each worth 20% of the original stake, while smaller wagers receive one bonus bet equal to the lost amount. For example, a losing $1,000 bet on the Cavaliers to cover the spread would generate five $200 bonus bets totaling the full $1,000. All bonus bets expire seven days after issuance and cannot be withdrawn directly.

Consider the implications for Monday's game: if you bet $500 on Giannis Antetokounmpo to score over his points total and lose, you would receive five $100 bonus bets to use on future markets. Conversely, a winning first bet allows immediate withdrawal of profits while forgoing the bonus bet protection.


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

BetMGM odds for Bucks vs Cavaliers


How to claim your BetMGM welcome offer for Bucks vs. Cavaliers

Claiming this promotion requires following specific steps before Monday's 7 p.m. ET tipoff. Here's the complete process:

  1. Click the registration link and enter BetMGM bonus code COVERS during account creation
  2. Complete identity verification by providing required personal information and documentation
  3. Make an initial deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on any available market, including Bucks vs. Cavaliers betting options
  5. If the bet loses, receive bonus bets within 24 hours based on your original stake amount

The Cavaliers enter Monday's contest looking to build momentum after Donovan Mitchell's fourth-quarter heroics against Memphis, while Milwaukee seeks to rebound from their disappointing loss to the Lakers. Both teams present compelling betting opportunities across various markets. For comprehensive analysis of this welcome offer and platform features, read our detailed BetMGM bonus review.


More BetMGM Sportsbook promos, bonuses, and offers from

  • 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.

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Luc LeBlanc
Content Editor

Luc has been keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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