BetMGM Bonus Code COVERS: Earn Up To $1,500 Bonus Bets With a First Bet on Wednesday's NBA Slate

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 21, 2026 , 07:30 AM ET • 3 min read

Use the BetMGM bonus code COVERS for a $1,500 First Bet offer on Wednesday's NBA slate, NFL Week 7 and the World Series.

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 offer, and a code is required. New users can apply it to Wednesday's NBA slate, NFL Week 7 or the World Series. As of Wednesday, Oct. 21, this is one of the top sportsbook promos available, with a $10 deposit and a $150 bonus bet offer in select states.

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 21
Info Confirmed By Michael Hoad

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Claim the BetMGM Bonus Code COVERS for Wednesday's NBA Slate, NFL Week 7 and the World Series

The BetMGM bonus code COVERS is required to activate the welcome offer. There are two versions of the offer, depending on where you live. Wednesday's NBA slate, NFL Week 7 and the World Series are all eligible targets for your first wager.

In AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY, new users can place a $1,500 First Bet. If that first bet loses, BetMGM returns your stake in bonus bets, up to $1,500. In CO, MI, NJ, PA and WV, the offer is Bet $10, Get $150 if your bet wins.

Here are the key terms for the $1,500 First Bet:

  • You must make a $10 initial deposit and place a real money wager to activate the welcome bonus.
  • Bonus bets expire seven days after they are issued.
  • If your first bet is more than $50, you receive five bonus bets, each worth 20% of your qualifying wager. If it is less than $50, you receive one bonus bet.
  • Winning bets are immediately withdrawable, but bonus bets must be wagered before any payout is available. Only winnings from the bonus bet wager are returned, not the bonus itself.
  • You must claim the offer by Oct. 18, 2026, at 11:59 p.m. ET.
  • Users on any self-exclusion list for gambling cannot use BetMGM.

For example, say you place a $1,500 first bet on Wednesday's NBA slate and it loses. You would receive five $300 bonus bets, adding up to $1,500. If you bet $10 on NFL Week 7 in a state with the Bet $10, Get $150 offer and your bet wins, you would receive $150 in bonus bets.

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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 First Bet and $150 Bonus Bet Offers

    Follow these steps to claim either BetMGM welcome offer and place your first bet.

    1. Download the BetMGM app and review the banking options.
    2. Register with BetMGM Sportsbook and enter your name, address, email address and phone number.
    3. Enter the BetMGM bonus code COVERS during sign-up. Skipping this step voids the offer.
    4. Choose a deposit method, such as a credit card or PayPal, and add at least $10.
    5. Place a qualifying wager on Wednesday's NBA slate, NFL Week 7 or the World Series.
    6. Receive your bonus bets based on your state's offer and the result of your bet.

    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.


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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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