BetMGM Bonus Code COVERS50: Claim $50 + a $1,500 First Bet for NBA, MLB, NHL & the Master This Week

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Apr 7, 2026 , 05:10 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for Tuesday's NBA, NHL, MLB action, and Masters coverage. Get up to $1,500 First Bet or $150 bonus bets.

Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.
Photo By - Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.

Tuesday's loaded sports slate, featuring NBA playoff races, NHL postseason pushes, MLB night games, and Masters coverage, creates perfect opportunities to claim the BetMGM bonus code offers. New users can enter promo code COVERS50 to unlock either a $1,500 First Bet in most states or $150 in bonus bets in select markets, plus $50 BetMGM Rewards Points. These sportsbook promos remain available through April 30, 2026, making Tuesday, April 7, an ideal time to get started with premium matchups across multiple sports.

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$1,500 First Bets
COVERS50
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

BetMGM Bonus Code Delivers $1,500 Protection for Tuesday's Action

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. In most states where BetMGM operates, new users receive a $1,500 First Bet that returns their stake in bonus bets if their initial wager loses. In Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, the offer changes to $150 in bonus bets when your first $10 bet wins, regardless of the outcome.

Both promotions include $50 BetMGM Rewards Points instantly upon registration. These points provide valuable benefits, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. The rewards program adds long-term value beyond the initial welcome bonus.

For Tuesday's NBA slate, imagine placing your first bet on the Bucks-Nets showdown. Under the $1,500 First Bet offer, if you wager $500 on Milwaukee to cover the spread and they fall short, you receive five $100 bonus bets totaling your original stake. In the $150 bonus bet states, a winning $10 bet on the Heat-Raptors game nets you three $50 bonus bets plus your original winnings. Both scenarios provide excellent value for exploring BetMGM's extensive betting markets.

  • $1,500 First Bet available in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, WY
  • $150 bonus bet offer available in CO, MI, NJ, PA, WV
  • All bonus bets expire seven days from issuance
  • Minimum $10 deposit required for both offers
  • Promo code COVERS50 must be entered during registration

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

BetMGM Bonus Code Eligible States
 COVERS50 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)
COVERSBONUS MI, NJ, PA, WV

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Masters and Multi-Sport Tuesday Create Premium Betting Opportunities

Tuesday's sports calendar delivers exceptional betting variety with meaningful NBA games determining playoff seeding, NHL matchups where every point matters, MLB's emerging storylines under the lights, and Masters preparation building toward the weekend. The Thunder-Lakers clash showcases star power with championship implications, while the Kings-Warriors represents a classic rivalry with postseason positioning at stake.

NHL action intensifies as teams fight for playoff spots, creating low-scoring, defensive battles perfect for totals and puck line betting. Meanwhile, MLB's West Coast night games often produce offensive fireworks as lineups settle into early-season rhythms. The Masters adds prestige with Scottie Scheffler, Rory McIlroy, and Jon Rahm headlining a world-class field navigating Augusta National's demanding layout.

BetMGM's comprehensive markets cover every angle from traditional spreads and totals to player props, same-game parlays, and live betting options. The platform's competitive odds and extensive coverage make it ideal for both casual fans and serious bettors looking to maximize their Tuesday action across multiple sports.

To claim your BetMGM welcome offer, follow these simple steps:

  1. Download the BetMGM app and click the registration link
  2. Enter promo code COVERS50 during account creation
  3. Provide the required personal information and verify your identity
  4. Make a minimum $10 deposit using your preferred payment method
  5. Place your first bet on Tuesday's games to activate the bonus
  6. Receive bonus bets if your wager loses (First Bet) or wins ($150 offer)
  7. Collect your $50 BetMGM Rewards Points immediately

Both offers provide excellent value for exploring BetMGM's platform while betting on Tuesday's premium sports action. Read our complete BetMGM bonus review for additional details on terms, conditions, and platform features.


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.

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 or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com 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. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

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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.

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