Monday's playoff action across the NBA and NHL creates perfect betting opportunities with the BetMGM bonus code COVERS50. New users can claim up to $1,500 First Bet protection in most states, while players in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia get $150 in bonus bets when their first $10 wager wins. Both offers include $50 BetMGM Rewards Points and remain available through April 30. Tonight's elimination-pressure games across multiple sports provide excellent opportunities to maximize these sportsbook promos.
COVERS50
COVERS50
BetMGM Bonus Code Offers Two Ways to Win on Playoff Monday
The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. In most states where BetMGM operates, new users receive First Bet protection up to $1,500, meaning if your initial wager loses, you get the full stake back in bonus bets. Players in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can opt for the $150 bonus bet offer, which rewards winning first bets of $10 or more with bonus credits.
Both promotions include $50 BetMGM Rewards Points instantly upon signup. These points convert into valuable rewards including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. For example, if you bet $100 on the Thunder to complete their sweep of Phoenix and lose, the First Bet offer returns $100 in bonus bets, while the alternative offer would provide $150 in bonus credits if that same wager wins in eligible states.
Key terms include a minimum $10 deposit requirement and seven-day expiration on bonus bets. The First Bet protection splits larger wagers into five equal bonus bets (20% each), while smaller wagers under $50 receive one bonus bet. Winners can withdraw cash winnings immediately, but bonus bet stakes don't return with payouts.
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 |
Best BetMGM Odds Boosts
Check out all BetMGM odds and profit boosts for today.
Enjoying Covers content? Add us as a preferred source on your Google account
NBA Playoffs and NHL Action Create High-Value Betting Opportunities
Tonight's NBA playoff slate features three elimination-pressure scenarios perfect for testing your BetMGM welcome bonus. Oklahoma City leads Phoenix 3-0 and could complete a dominant sweep, while Minnesota holds a 3-1 advantage over defending champion Denver. The Nuggets face elimination at home, creating desperation value for bettors backing the underdog. Orlando's 2-1 series lead over Detroit presents another compelling opportunity for the Magic to seize control.
NHL playoff hockey intensifies the action, with Philadelphia visiting Pittsburgh in a classic rivalry matchup and Vegas taking on Utah. Playoff hockey's defensive structure and emphasis on goaltending often lead to lower-scoring affairs, making totals bets particularly attractive. The physical nature of elimination-round hockey also creates value in player prop markets for hits, blocks, and saves.
MLB's regular season provides steady betting options with matchups like Tampa Bay at Cleveland and the Cubs at the Padres. Early-season baseball offers opportunities to identify hot starts and cold streaks before the market fully adjusts. Pitching matchups remain crucial, and bullpen usage patterns are still developing, creating edges for informed bettors using their BetMGM bonus.
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.
