BetMGM Bonus Code 'CVRBONUS1500': Up To $1.5K Bonus Bets Back If Your First Bet On Celtics-Knicks Loses

Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Celtics vs. Knicks Friday. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Oct 24, 2025 • 15:15 ET • 3 min read
Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Celtics vs. Knicks Friday. Get bonus bets back if your first wager loses.
Photo By - Use BetMGM bonus code "CVRBONUS1500" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The Atlantic Division rivalry between the Boston Celtics and New York Knicks takes center stage Friday night as both teams look to build momentum early in the season. New users can capitalize on this exciting matchup with the BetMGM bonus code CVRBONUS1500, which offers up to $1,500 in bonus bets if your first wager doesn't win. This welcome offer provides an excellent opportunity to wager on Friday's game while exploring the extensive sportsbook promos available for October 24.

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$1,500 First Bet
CVRBONUS1500

BetMGM bonus code CVRBONUS1500 delivers $1,500 First Bet for Celtics vs. Knicks

The BetMGM bonus code CVRBONUS1500 provides new customers with protection on their first wager up to $1,500. After registering and making a minimum $10 deposit, you can place your initial bet on any market, including Friday's Celtics-Knicks showdown. If your first wager loses, BetMGM returns your stake in bonus bets within 24 hours.

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 All bonus bets expire after seven days and cannot be withdrawn directly.

This offer applies perfectly to Friday's matchup, where the Knicks seek their second consecutive home victory after defeating Cleveland 119-111 despite missing key players. The Celtics, meanwhile, look to bounce back from a heartbreaking 117-116 loss to Philadelphia after blowing a 13-point fourth-quarter lead without injured star Jayson Tatum.

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)

BetMGM odds for Celtics vs Knicks


How to claim your BetMGM welcome offer for Friday's game

Claiming your BetMGM welcome bonus requires just a few simple steps before Friday's tip-off. First, click through to BetMGM Sportsbook and complete registration using bonus code CVRBONUS1500 during the sign-up process. You'll need to verify your identity with a driver's license and make a minimum $10 deposit to activate your account.

Once your account is funded, place your first real-money wager on any available market, including point spreads, totals, or player props for Celtics vs. Knicks. If your bet wins, you keep your profits and can withdraw immediately. If it loses, BetMGM credits your account with bonus bets equal to your stake within 24 hours, giving you another chance to profit from the NBA action.

Remember that bonus bets must be used within seven days and cannot be split into smaller amounts. When using bonus bets, only the winnings are credited to your withdrawable balance, not the bonus bet stake itself. For complete terms and conditions, check out our comprehensive 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!
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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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