BetMGM Bonus Code 'COVERS': Make A $1,500 First Bet For Heat vs Timberwolves Tonight

Claim a $1500 First Bet with BetMGM bonus code COVERS for Heat vs Timberwolves. Get bonus bets back if your first wager loses Tuesday night.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 6, 2026 • 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 Miami Heat face the Minnesota Timberwolves on Tuesday night in what promises to be an exciting rematch after Minnesota's recent 125-115 victory over Miami. New users can capitalize on this matchup with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion allows bettors to wager on the Heat vs. Timberwolves game on Tuesday, January 6, with confidence that they'll receive bonus bets if their initial wager loses. The timing couldn't be better with Tyler Herro potentially returning for Miami and both teams looking to build momentum. Don't miss out on other sportsbook promos available for this exciting NBA matchup.

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$1,500 First Bet
COVERS

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

The BetMGM bonus code COVERS provides new users with substantial protection on their first wager. After registering and making a minimum $10 deposit, bettors can place their first real money wager on any market, including the Heat vs Timberwolves game. If that initial bet loses, BetMGM returns the entire stake as bonus bets up to $1,500. For example, if you bet $500 on Miami to cover the spread and they fall short, you'll receive $500 in bonus bets to use on future wagers.

The bonus bet structure varies based on your initial wager amount. Bets over $50 are divided into five separate bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet equal to the full amount. All bonus bets expire after seven days and cannot be withdrawn directly. Key terms include:

  • Available to new users in eligible states, including AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, DC, and PR
  • Minimum $10 deposit required
  • Bonus bets expire seven days after issuance
  • The original stake is not returned when using bonus bets

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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How to claim your BetMGM promo for Heat vs Timberwolves

Claiming this offer is straightforward and can be completed in time for Tuesday's game. Follow these steps to secure your $1,500 First Bet protection:

  1. Click the registration link and use BetMGM bonus code COVERS during account creation
  2. Complete identity verification with required personal information and driver's license
  3. Make your initial deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on Heat vs Timberwolves or any available market
  5. If your bet wins, withdraw your winnings immediately; if it loses, receive bonus bets within 24 hours

This promotion gives new bettors significant value when wagering on Tuesday's rematch between Miami and Minnesota. With Anthony Edwards averaging 29.4 points per game for the Timberwolves and Norman Powell leading Miami at 24.4 points per game, there are numerous betting opportunities to explore. Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and offerings.


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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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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