BetMGM Bonus Code COVERS50: Make $1.5K First Bet on Hornets vs. Magic on Friday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 17, 2026 , 04:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 First Bet + $50 Rewards Points on Hornets vs Magic Play-In Friday. Claim your welcome offer now!

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

The Charlotte Hornets face the Orlando Magic in a crucial Eastern Conference Play-In Tournament matchup on Friday, and new users can capitalize with the BetMGM bonus code COVERS50. This welcome offer provides up to $1,500 First Bet protection plus $50 BetMGM Rewards Points, while users in select states can claim $150 in bonus bets if their $10 wager wins.

Take advantage of these sportsbook promos before the April 17 deadline to bet on this pivotal playoff clash.

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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 Offers Two Welcome Promotions for Hornets vs Magic

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. New users in most states where BetMGM operates can claim up to $1,500 First Bet protection, meaning if your initial wager on the Hornets vs Magic game loses, you'll receive your entire stake back in bonus bets. Additionally, all new users receive $50 in BetMGM Rewards Points instantly upon registration, regardless of their first bet's outcome.

Users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia have access to a different promotion through the same bonus code. These bettors can place a $10 minimum wager on Friday's Play-In Tournament game and receive $150 in bonus bets if their bet wins, plus the $50 BetMGM Rewards Points. For example, if you bet $10 on Charlotte to cover the spread against Orlando and your wager wins, you'll collect your original winnings plus $150 in bonus bets to use on future games.

BetMGM Rewards Points can be redeemed for various benefits including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. The First Bet offer provides significant value for larger wagers, as losing a $1,500 bet on the Hornets moneyline would result in five $300 bonus bets totaling your original stake.

Both offers expire on April 30, 2026, at 11:59 p.m. ET, and bonus bets must be used within seven days of issuance.

What our experts say about Hornets vs. Magic

Kon Knueppel o2.5 Total Assists (-125): On the season, Knueppel has averaged almost 3.5 assist on 6.3 potential dimes per game. Before the Play-In, he had dished out three or more assists in four of the final five games of the schedule, including two five-dime showings.

Get our expert Hornets vs. Magic predictions for tonight's Play-In game.


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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How to Claim Your BetMGM Welcome Offer for Hornets vs Magic Play-In

Claiming your BetMGM welcome bonus for Friday's crucial playoff matchup requires following these simple steps. Both the First Bet offer and the $150 bonus bet promotion use the same registration process and bonus code.

  1. Register for a new BetMGM account and enter bonus code COVERS50 during the sign-up process to activate your welcome offer.
  2. Make a minimum $10 deposit using your preferred payment method, such as credit cards, debit cards, PayPal, or bank transfers.
  3. Place your qualifying wager on the Hornets vs Magic game, choosing from moneylines, point spreads, totals, or player props for this Play-In Tournament clash.
  4. If you're in most BetMGM states and your first bet loses, you'll receive bonus bets equal to your stake up to $1,500, while users in select states get $150 in bonus bets if their $10 wager wins.
  5. Collect your $50 BetMGM Rewards Points immediately after registration, which can be redeemed for various rewards and benefits.

Both welcome offers provide excellent value for betting on this winner-take-all matchup between Charlotte and Orlando. Read our comprehensive BetMGM bonus review for additional details about terms, conditions, and betting options available for the Play-In Tournament.


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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.

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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