The BetMGM bonus code COVERS50 unlocks one of the best sportsbook promos available heading into Friday, June 6, for Knicks vs. Spurs Game 2 of the NBA Finals. New users in most states can claim a $1,500 First Bet offer, while bettors in CO, MI, NJ, PA, and WV can Bet $10, Get $150 if it wins. Both offers also include $50 in BetMGM Rewards Points just for signing up.
COVERS50
COVERS50
Check if you can use our BetMGM bonus code in your state
| BetMGM Bonus Code | Eligible States |
| COVERS50 | 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) |
| COVERSBONUS | MI, NJ, PA, WV |
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How the BetMGM $1,500 First Bet Offer Works for the NBA Finals
There are two welcome offers available through the BetMGM bonus code COVERS50, and which one you receive depends on your state. In most eligible states, new users get the $1,500 First Bet offer. If your first wager on Game 2 of the NBA Finals loses, BetMGM returns your entire stake in bonus bets, up to $1,500. For example, if you place a $1,500 bet on the Knicks to win Game 2 and they fall short, you would receive five bonus bets worth $300 each. Bets of less than $50 return a single bonus bet. If your wager is $1,500 and wins, your cash winnings are immediately withdrawable.
New users in CO, MI, NJ, PA, and WV have access to a different offer: Bet $10, Get $150 in bonus bets if your first wager wins. Place at least $10 on Game 2 of the Spurs vs. Knicks, and if your bet is correct, you receive $150 issued as three $50 bonus bets in addition to your normal winnings. Regardless of the outcome of your first bet under either offer, you will receive $50 in BetMGM Rewards Points instantly upon signing up.
BetMGM Rewards Points are a valuable perk that can be redeemed in several ways, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Bonus bets under both offers expire seven days from issuance, and the deadline to claim either offer is April 30, 2026, at 11:59 p.m. ET. Code COVERS50 is required to activate both promotions.
- Must be a new BetMGM user and make a minimum $10 deposit
- $1,500 First Bet available in AZ, DC, IA, IL, IN, KS, KY, LA, MA, MD, NC, OH, TN, VA, and WY
- Bet $10, Get $150 available in CO, MI, NJ, PA, and WV
- Bonus bets expire seven days from issuance
- $50 BetMGM Rewards Points awarded instantly upon sign-up with code COVERS50
- Offer expires April 30, 2026, at 11:59 p.m. ET
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Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
