BetMGM Bonus Code 'COVERS' Unlocks UP To $1,500 Bonus Bets For The NBA Cup Featuring Knicks-Raptors

Use BetMGM bonus code COVERS for $1,500 First Bet on the Knicks vs Raptors NBA Cup. Get bonus bets back if your first wager loses Tuesday night.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Dec 9, 2025 • 17:05 ET • 3 min read
Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The New York Knicks look to extend their nine-game winning streak against the Toronto Raptors in Tuesday's NBA Cup quarterfinal matchup. New bettors can capitalize on this exciting clash with the BetMGM bonus code COVERS to unlock a $1,500 First Bet offer. This welcome promotion allows you to wager on the Knicks vs Raptors game on December 9 with confidence, knowing you'll receive bonus bets back if your initial wager doesn't win. Take advantage of one of the top sportsbook promos available for this NBA Cup action.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 First Bet for NBA Cup

The BetMGM bonus code COVERS provides new users with substantial value through a $1,500 First Bet offer. After registering and making a minimum $10 deposit, place your first real money wager on any market, including the Knicks vs Raptors NBA Cup quarterfinal. If your bet loses, BetMGM returns your 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 your original stake. For example, a losing $1,000 wager on the Knicks to cover the spread would result in five $200 bonus bets. Wagers under $50 receive one bonus bet equal to your stake amount. All bonus bets expire seven days after issuance and cannot be withdrawn directly.


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

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BetMGM odds for Knicks vs Raptors


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How to claim your BetMGM promo for Knicks vs Raptors

Claiming your BetMGM welcome offer for Tuesday's NBA Cup action requires just a few simple steps. First, register for a new BetMGM account using bonus code COVERS during the sign-up process. Next, make your initial deposit of at least $10 using any accepted payment method. Finally, place your first real money wager on the Knicks vs Raptors game or any other available market.

Whether you back the Knicks to continue their dominance or believe the Raptors can end their losing streak at home, your first bet receives protection up to $1,500. Winning bets pay out normally, while losing wagers trigger the bonus bet refund. Read our comprehensive BetMGM bonus review for additional details about terms and conditions.


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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