The Charlotte Hornets visit the Cleveland Cavaliers on Monday, December 22, in what promises to be an intriguing Eastern Conference matchup. New users can take advantage of the BetMGM bonus code COVERS to claim up to $1,500 in bonus bets if their first wager loses on this game. The 9-18 Hornets are looking to build on their recent 119-111 overtime upset victory over Cleveland from December 14, while the 15-14 Cavaliers aim to maintain their eighth-seed playoff position.
This welcome offer stands out among sportsbook promos with its generous $1,500 protection for Monday's contest.
COVERS
BetMGM bonus code COVERS delivers $1,500 First Bet protection
The BetMGM bonus code provides new customers with substantial protection on their initial wager. After registering and making a minimum $10 deposit, users can place their first bet on any market for the Hornets vs. Cavaliers game. If that wager loses, BetMGM returns the entire stake up to $1,500 in bonus bets.
The bonus bet structure depends on your initial wager amount. Bets of $50 or more receive five separate bonus bets, each worth 20% of the original stake. For example, a losing $1,000 bet on the Cavaliers to win 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 All bonus bets expire seven days after issuance and cannot be withdrawn directly.
If your first bet on Monday's game wins, you keep your winnings and can withdraw them immediately. The Cavaliers enter as favorites despite Charlotte's recent upset victory, making this an excellent opportunity to test different betting strategies with substantial protection.
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 Hornets vs Cavaliers betting offer
Claiming this welcome offer for Monday's Eastern Conference showdown requires just a few simple steps. Here's how to get started:
- Click the registration link and create your BetMGM account using bonus code COVERS
- Complete identity verification and make a minimum $10 deposit
- Place your first real money wager on any Hornets vs. Cavaliers market
- If your bet loses, receive bonus bets equal to your stake up to $1,500
- Use bonus bets within seven days on any available markets
This offer is available to new customers in eligible states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming, plus Washington D.C. and Puerto Rico. Read our complete BetMGM bonus review for additional details on terms and conditions.
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