The BetMGM bonus code COVERS50 unlocks two strong welcome offers just in time for Sunday, May 10, giving new users a chance to jump into the NBA Playoffs Round 2 action with serious value. In most states, you can claim a $1,500 First Bet offer, while new users in CO, MI, NJ, PA, and WV can grab $150 in bonus bets when their $10 wager wins. Both deals also include $50 in BetMGM Rewards Points instantly. Check out more sportsbook promos to see how BetMGM stacks up heading into the playoffs.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: How to Claim Up to $1,500 in First Bet Coverage
The BetMGM bonus code COVERS50 delivers two distinct welcome offers depending on where you live. In most eligible states, including AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY, new users receive a $1,500 First Bet offer. If your first wager loses, BetMGM returns your entire stake in bonus bets, up to $1,500. Bets over $50 are returned as five bonus bets, each worth 20% of your original wager. A $1,500 losing bet, for example, would come back as five $300 bonus bets. Bets under $50 are returned as a single bonus bet. All bonus bets expire seven days from issuance.
New users in CO, MI, NJ, PA, and WV have access to a different offer: Bet $10, Get $150 in bonus bets if your first wager wins. That means if you place $10 on the Lakers-Thunder game and it hits, you receive your winnings plus $150 issued as three $50 bonus bets. Win or lose, both offers include $50 in BetMGM Rewards Points delivered instantly upon sign-up.
BetMGM Rewards Points are a flexible loyalty currency that can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Learn more at the BetMGM Rewards page. Both offers are valid through April 30, 2026, at 11:59 p.m. ET, and require a minimum $10 deposit to qualify. Entering the code COVERS50 at registration is mandatory to activate either offer.
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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NBA Playoffs Round 2: Best Bets for Lakers-Thunder, Cavs-Pistons, and More
Round 2 of the NBA Playoffs is delivering exactly the kind of high-stakes basketball that makes postseason betting so compelling. LeBron James and the Los Angeles Lakers are battling Shai Gilgeous-Alexander and the Oklahoma City Thunder in one of the West's marquee series, while Donovan Mitchell and the Cleveland Cavaliers are locked in a physical grind with Cade Cunningham and the Detroit Pistons in the East.
The New York Knicks and Philadelphia 76ers continue their bruising rivalry, with Joel Embiid's ability to respond under pressure drawing plenty of betting attention. Out West, the Minnesota Timberwolves and San Antonio Spurs offer a fascinating stylistic contrast built around defense and emerging superstar talent. With shortened rotations, hostile crowds, and elimination stakes beginning to emerge, every possession carries extra weight this weekend.
Whether you are targeting a moneyline on the Lakers, a player prop on Gilgeous-Alexander, or a same-game parlay on the Knicks-Sixers matchup, BetMGM's markets give you plenty of ways to put your welcome offer to work across all of Sunday's playoff slate.
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.
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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.
