BetMGM Bonus Code COVERS: Unlock $1,500 Bonus for Bulls vs. Magic

Use BetMGM bonus code COVERS for a $1,500 First Bet on Bulls vs. Magic Monday. Get bonus bets back if your first wager loses.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Dec 1, 2025 • 16:20 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 Orlando Magic host the Chicago Bulls on Monday, December 1, in what promises to be an intriguing matchup between two teams heading in opposite directions. New users can capitalize on this exciting NBA action with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer.

This welcome promotion allows bettors to wager on the Bulls vs. Magic game with added protection, and it's one of the most generous sportsbook promos available for Monday's slate.

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$1,500 First Bet
COVERS

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

The BetMGM bonus code unlocks a substantial welcome offer for new customers looking to bet on the Bulls vs. Magic matchup. After registering and making a minimum $10 deposit, users can place their first real money wager on any market related to Monday's game. If the initial bet loses, BetMGM returns the entire stake, up to $1,500, as bonus bets.

The bonus bet structure depends on your wager amount. Bets over $50 are divided into five equal bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet. For example, if you bet $1,000 on the Magic to cover the spread and lose, you'd receive five $200 bonus bets totaling $1,000. All bonus bets expire after seven days and cannot be withdrawn directly.

Consider the Magic's recent offensive surge led by Desmond Bane, who scored 37 points against Detroit despite missing all his 3-point attempts. If you bet $500 on Orlando to win and they fall short, you'd receive five $100 bonus bets to use on future NBA action.


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)

Best BetMGM boosts for Bulls vs Magic

BetMGM All Users

  • Get a boost for one 3+ leg parlay

BetMGM odds for Bulls vs Magic


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How to claim your BetMGM promo for Bulls vs. Magic

Claiming this offer for Monday's Bulls vs. Magic game requires just a few simple steps.

  1. First, register for a new BetMGM account using bonus code COVERS during the sign-up process.
  2. Next, make your initial deposit of at least $10 using any accepted payment method.
  3. Finally, place your first real money wager on any Bulls vs. Magic market, knowing that a loss triggers the bonus bet protection up to $1,500.

The Magic enter as heavy favorites after advancing to the NBA Cup semifinals, while the Bulls have struggled with 10 losses in their last 14 games. Whether you back Orlando's home court advantage or see value in Chicago as road underdogs, this welcome offer provides excellent protection for your first BetMGM wager.

Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and betting options.


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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