BetMGM Bonus Code COVERS: Make a $1,500 First Bet on Wednesday NBA, the World Series or NFL Week 8

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 28, 2026 , 09:35 AM ET • 3 min read

Use the BetMGM bonus code COVERS for a $1,500 First Bet or up to $1,000 back in bonus bets on NBA, World Series, and NFL Week 8 action.

Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses!
Photo By - Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses!

Use the BetMGM bonus code COVERS to claim a $1,500 First Bet or up to $1,000 back in bonus bets over your first 10 days on NBA, World Series and NFL Week 8 action. A code is required, and the offer is available to new users as of Wednesday, Oct. 28. These are some of the best sportsbook promos available today.

BetMGM Logo
$1,500 First Bet
COVERS

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
Minimum Deposit $10
Qualifying Bet $1 to $1,500
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified October 28
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code Works for NBA, World Series and NFL Week 8

New users who sign up with the BetMGM bonus code COVERS can choose any NBA, World Series or NFL Week 8 game as their first bet. A code is required, and your location determines which version of the offer you receive.

In AZ, CO, DC, IA, IN, KS, KY, LA, MA, MD, MO, and WY, the offer is a $1,500 First Bet. In IL, NC, OH, TN and VA, the offer is up to $1,000 back in bonus bets over your first 10 days. In both cases, your first wager on one of these games counts as day 1 or bet 1.

Here are the terms for each version:

  • Minimum deposit: $10
  • $1,500 First Bet states: Qualifying wager of up to $1,500 at minimum odds of -10,000 on any sport or market
  • Bonus structure: Five bonus bets, each worth 20% of your qualifying stake, for wagers of $50 or more
  • Wagers of $50 or less: One bonus bet
  • 10-day states: One No Sweat Token per day for 10 days, with a maximum return of $100 per token
  • Playthrough: Bonus bets must be wagered once before a withdrawal can be requested, and only winnings are paid out
  • Expiration: Bonus bets expire seven days from receipt

For example, say you place a $1,500 first bet on an NBA game, and it loses. You would receive five bonus bets worth $300 each, totaling $1,500. If your first bet wins, you collect your winnings as normal, and no bonus bets are issued. In the 10-day states, a losing first bet on a World Series or NFL game returns your stake in bonus bets up to $100.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.

    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, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
    COVERSBONUS MI, NJ, PA, WV

    How to Claim the $1,500 BetMGM Offer for Wednesday's Slate

    Follow these steps to claim either BetMGM offer and place your first bet on an NBA, World Series, or NFL Week 8 game.

    1. Download the BetMGM app or visit betmgm.com and click the gold Sign Up button.
    2. Enter your personal information, including your name, address, email, phone number, and the last four digits of your Social Security number.
    3. Enter the bonus code COVERS when prompted.
    4. Deposit at least $10 using a credit card, PayPal, or another available method.
    5. Place your qualifying bet on an NBA, World Series, or NFL Week 8 game.
    6. Receive your bonus bets if your first wager loses, and use them within seven days.

    Read the full BetMGM bonus review for more details.


    More BetMGM Sportsbook promos, bonuses, and offers

    • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

    BetMGM responsible gambling features

    BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

    BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


    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.

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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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