BetMGM Bonus Code 'COVERS': Get $1,500 Bonus Bets Back If Your Magic-Hawks Bet Loses

Use BetMGM bonus code COVERS for $1,500 First Bet on Magic vs Hawks Tuesday. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Nov 4, 2025 • 15:05 ET • 3 min read
Use BetMGM bonus code COVERS for $1,500 First Bet on Magic vs Hawks Tuesday. Get bonus bets back if your first wager loses.
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The Atlanta Hawks host the Orlando Magic on Tuesday, November 4, in what promises to be an intriguing matchup with the Hawks missing star guard Trae Young due to injury. New users can capitalize on this exciting NBA action with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion allows you to place your initial wager on the Magic vs Hawks game, and if it doesn't win, you'll receive your stake back in bonus bets. With numerous sportsbook promos available, this BetMGM offer stands out for its substantial value on Tuesday's NBA slate.

BetMGM Logo
$1,500 First Bet
COVERS

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

The BetMGM bonus code COVERS unlocks a generous $1,500 First Bet offer for new customers looking to wager on Tuesday's Magic vs Hawks matchup. After registering and making a minimum $10 deposit, you can place your first real money bet on any market related to this game. If your initial wager loses, BetMGM returns your entire stake up to $1,500 in bonus bets.

The bonus bet structure depends on your wager amount. If you bet $50 or more and lose, you'll receive five separate bonus bets, each worth 20% of your original stake. For example, a losing $1,000 bet on the Hawks to cover the spread would result in five $200 bonus bets. Wagers under $50 receive one bonus bet equal to the stake amount. All bonus bets expire after seven days and cannot be withdrawn directly.

Consider the Hawks' situation without Trae Young, who averaged 26.7 points against Orlando in his career. With Nickeil Alexander-Walker stepping into the starting role, betting on player props or team totals could present value opportunities for your first BetMGM wager.


Check if you can use our BetMGM bonus code in your state

BetMGM Bonus Code Eligible States
 "COVERS1500" AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)

BetMGM odds for Magic vs Hawks


How to claim your Magic vs Hawks betting offer

Claiming your BetMGM welcome offer for Tuesday's Magic vs Hawks game requires just a few simple steps. Follow this process to secure your $1,500 First Bet protection:

  1. Click the registration link and create your BetMGM account using the bonus code COVERS
  2. Complete identity verification by providing the required documentation
  3. Make your initial deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on any Magic vs Hawks betting market
  5. If your bet wins, withdraw your profits immediately; if it loses, receive bonus bets within 24 hours

Please note that bonus bets must be used within seven days and don't return the stake amount when they are won. With Paolo Banchero averaging 24.3 points against Atlanta in his career and the Magic coming off back-to-back wins, there are plenty of betting angles to consider for your first wager. 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.

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

Pages related to this topic

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.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo