New bettors can use BetMGM bonus code COVERS to claim a $1,500 First Bet ahead of Wednesday's showdown between the Denver Nuggets and New York Knicks. The Knicks enter this contest riding a seven-game winning streak, while the Nuggets look to bounce back from consecutive losses. This matchup between NBA Finals contenders provides an excellent opportunity to take advantage of current sportsbook promos available through Feb. 4.
COVERS
How BetMGM Bonus Code COVERS Works for $1,500 First Bet
The BetMGM bonus code COVERS welcome offer provides new users with protection on their first wager up to $1,500. After registering and making a minimum $10 deposit, you can place your initial bet on any market, including Wednesday's Nuggets vs Knicks game. If your first bet wins, you keep your winnings and can withdraw them immediately.
However, if your first wager loses, BetMGM returns your stake in bonus bets up to the $1,500 maximum. For example, if you bet $500 on the Knicks to continue their winning streak and they lose, you'll receive $500 in bonus bets. For wagers over $50, BetMGM splits the bonus into five equal parts, each worth 20% of your original stake.
Key terms include:
- Minimum $10 deposit required
- Bonus bets expire after seven days
- Available in eligible states, including NY and CO
- Bonus bet stakes are not returned with winnings
Whether you back the streaking Knicks at home or believe the Nuggets will get back on track with Nikola Jokic healthy, this BetMGM bonus code offer provides valuable protection for your first wager.
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, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR) |
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How to Claim BetMGM Bonus Code COVERS for Nuggets vs Knicks
Follow these steps to claim your $1,500 First Bet for Wednesday's NBA action:
- Click the BetMGM registration link and enter bonus code COVERS
- Complete account verification with personal information and ID
- Make your first deposit of at least $10
- Place your first real money wager on Nuggets vs Knicks or any other market
- If your bet loses, receive bonus bets equal to your stake up to $1,500
The Knicks have dominated opponents during their current seven-game surge, winning by an average margin of 24.7 points. Meanwhile, Denver is working through roster challenges as key players return from injury. Read our comprehensive BetMGM bonus review for additional details on this welcome offer.
More BetMGM Sportsbook promos, bonuses, and offers
- Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
- Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.
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