The BetMGM bonus code COVERS unlocks a $1,500 First Bet offer for new users looking to wager on Sunday's Lakers vs. Knicks showdown. This welcome promotion provides bonus bets back if your initial wager loses, making it an excellent opportunity to bet on this compelling Eastern Conference matchup. With both teams riding momentum into Sunday, Feb. 1, this sportsbook promos offer provides substantial value for new bettors.
COVERS
How the $1,500 BetMGM Bonus Code Offer Works
The BetMGM bonus code COVERS delivers one of the most generous welcome offers available to new users. After registering and making your first deposit of at least $10, you can place your initial wager on any market, including the Lakers vs. Knicks game. If your first bet wins, you keep your winnings and can withdraw them immediately.
However, if your first wager loses, BetMGM returns your entire stake up to $1,500 in bonus bets. For example, if you bet $1,000 on the Lakers to cover the spread and they fall short, you would receive five bonus bets worth $200 each, totaling your original $1,000 stake. If you wager less than $50 and lose, you receive one bonus bet equal to your stake amount.
Key terms for this offer include:
- Minimum $10 deposit required to activate the promotion
- Bonus bets expire seven days after issuance
- Available only to new BetMGM users in eligible states
- Bonus bet stakes are not returned with winnings
Whether you back the surging Knicks to extend their winning streak to six games or believe the Lakers can steal a road victory without Austin Reaves, this offer provides excellent value for the Sunday night showdown at Madison Square Garden.
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 Lakers vs Knicks
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Lakers vs. Knicks Betting with BetMGM Bonus Code COVERS
Claiming your welcome offer is straightforward with these simple steps.
First, click the registration link and create your new BetMGM account using the BetMGM bonus code COVERS during the sign-up process. You will need to provide personal information and verify your identity with a driver's license.
Next, make your initial deposit of at least $10 using any of the available payment methods. Once your account is funded, navigate to the Lakers vs. Knicks game and place your first real money wager on any available market, such as the point spread, moneyline, or player props.
Finally, if your bet wins, enjoy your winnings immediately. If it loses, your bonus bets will be credited to your account within hours and must be used within seven days. Remember that bonus bet stakes are not returned with any winnings from those wagers.
For more details about this welcome offer and other promotions, check out our comprehensive BetMGM bonus review.
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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