BetMGM Bonus Code COVERS Gets You Up to $1,500 Bonus for Heat vs. Knicks NBA Cup

Use BetMGM bonus code COVERS for $1,500 First Bet on Heat vs. Knicks NBA Cup action Friday. Get bonus bets back if your first wager loses.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Nov 14, 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 Miami Heat and New York Knicks clash Friday night in NBA Cup action, with both teams looking to bounce back from disappointing losses. New bettors can capitalize on this Eastern Conference showdown by using BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion gives new users bonus bets back if their initial wager on Friday's Heat vs. Knicks matchup doesn't win.

With both teams coming off losses and potential injury concerns for the Knicks' Jalen Brunson, this NBA Cup game presents compelling betting opportunities alongside competitive sportsbook promos.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS unlocks $1,500 First Bet for Heat vs. Knicks

The BetMGM bonus code provides new users with significant value for Friday's NBA Cup action. After registering and making a minimum $10 deposit, bettors can place their first real money wager on any market, including the Heat vs. Knicks game. If that initial bet loses, BetMGM returns the entire stake up to $1,500 in bonus bets.

The bonus bet structure depends on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of the original stake. For example, a losing $1,000 bet on the Knicks to cover the spread would result in five $200 bonus bets. Wagers under $50 receive one bonus bet equal to the original stake amount. All bonus bets expire seven days after issuance and don't return the stake when used for subsequent wagers.

This offer proves particularly valuable for Friday's matchup given the uncertainty surrounding Brunson's ankle injury and Miami's recent fourth-quarter collapse against Cleveland. Bettors can target various markets including the point spread, total points, or player props while knowing their initial investment is protected.


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 Heat vs Knicks

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  • Get a boost for any NBA Cup bet

BetMGM odds for Heat vs Knicks


How to claim your BetMGM welcome offer for NBA Cup action

Claiming this BetMGM promotion for Friday's Heat vs. Knicks game requires just a few simple steps. New users must complete the registration process and use the required bonus code to unlock the $1,500 First Bet protection.

  1. Click the registration link and create your BetMGM account using bonus code COVERS
  2. Complete identity verification by providing your driver's license information
  3. Make an initial deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on any sports market, including Friday's NBA Cup game
  5. If your bet wins, withdraw your profits immediately; if it loses, receive bonus bets up to $1,500

The bonus bets become available shortly after your qualifying wager settles as a loss. Remember that bonus bets expire after seven days and cannot be withdrawn directly. This welcome offer is available to new customers in eligible states including New York, where Friday's game takes place. For complete terms and additional details, 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!
  • 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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