New bettors can claim a BetMGM bonus code offer worth up to $1,500 for Friday's Eastern Conference showdown between the New York Knicks and Detroit Pistons. The BetMGM bonus code COVERS unlocks bonus bets back if your first wager loses on this compelling matchup.
This welcome offer provides excellent value for betting on the Knicks vs. Pistons game, as both teams enter with contrasting momentum. Check out other sportsbook promos available as of Feb. 6.
COVERS
BetMGM Bonus Code Details: $1,500 First Bet Protection
The BetMGM bonus code provides new users with up to $1,500 in bonus bets if their first wager loses. This substantial welcome offer applies to any sports market, making it perfect for Friday's Knicks vs. Pistons clash where Detroit looks to bounce back from a disappointing loss to Washington.
New customers must use the BetMGM bonus code COVERS during registration and make a minimum $10 deposit to qualify. If your first bet on the Knicks vs. Pistons game wins, you keep your winnings and can withdraw them immediately. However, if your initial wager loses, BetMGM returns your stake as bonus bets up to $1,500.
The bonus bet structure depends on your wager amount:
- Wagers over $50 receive five bonus bets, each worth 20% of the original stake
- Wagers under $50 receive one bonus bet equal to the original stake
- All bonus bets expire after seven days
- Bonus bets cannot be withdrawn directly and must be used for additional wagers
For example, if you bet $1,000 on the Knicks to extend their eight-game winning streak and lose, you would receive five $200 bonus bets totaling $1,000. Alternatively, if you wager $500 on the Pistons to rebound at home and lose, you get five $100 bonus bets worth $500 combined.
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 Knicks vs. Pistons Betting Bonus
Follow these steps to claim your welcome offer for Friday's Eastern Conference matchup:
- Click the registration link and use BetMGM bonus code COVERS during account creation
- Complete identity verification with your driver's license and personal information
- Make a minimum $10 deposit using any accepted payment method
- Place your first real money wager on Knicks vs. Pistons or any available market
- If your bet loses, receive bonus bets equal to your stake up to $1,500 within 24 hours
The Knicks enter this game riding an impressive eight-game winning streak, while the Pistons look to bounce back from Thursday's surprising home loss to Washington. Detroit may be without key players Jalen Duren and Tobias Harris due to injuries, creating additional betting angles for this Eastern Conference clash.
Read our comprehensive BetMGM bonus review for more details about this sportsbook's features and additional promotions.
More BetMGM Sportsbook promos, bonuses, and offers
- 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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