BetMGM Bonus Code COVERS50: Claim $150 Bonus Bets for 76ers-Knicks, NBA Playoffs

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 6, 2026 , 04:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for 76ers vs. Knicks Game 2. Get a $1,500 First Bet or Bet $10, Get $150 in select states.

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

New users can use the BetMGM bonus code COVERS50 to unlock one of two welcome offers ahead of 76ers vs. Knicks Game 2 on Wednesday, May 6. Depending on your state, you can claim a $1,500 First Bet or a Bet $10, Get $150 offer, both of which also come with $50 in BetMGM Rewards Points.

Either way, you can find plenty of sportsbook promos to take advantage of as the Knicks look to go up 2-0 in the Eastern Conference semifinals.

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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 COVERS50: $1,500 First Bet or Bet $10, Get $150 for Game 2

The BetMGM bonus code COVERS50 unlocks two different welcome offers depending on where you live. In most states where BetMGM operates, new users receive a $1,500 First Bet, meaning if your first wager loses, you get your entire stake back in bonus bets, up to $1,500. If you wager more than $50 and lose, BetMGM issues five bonus bets each worth 20% of your qualifying wager. For example, if you placed a $1,500 bet on the Knicks to cover the spread in Game 2 and it lost, you would receive five $300 bonus bets totaling $1,500. If you wagered $50 or less, you receive a single bonus bet equal to your stake.

New users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia have access to a different offer: Bet $10, Get $150 in bonus bets if your initial wager wins. So if you placed a $10 bet on Jalen Brunson to score over his point total in Game 2 and it won, you would receive $150 in bonus bets issued as three $50 bonus bets. Regardless of the outcome of your first bet, both offers include $50 in BetMGM Rewards Points delivered instantly upon sign-up.

BetMGM Rewards Points are a versatile loyalty currency that can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Bonus bets expire seven days from issuance and cannot be withdrawn directly. Both offers require a minimum $10 deposit and must be claimed by April 30, 2026, at 11:59 p.m. ET.

The BetMGM bonus code COVERS50 must be entered at registration or the offer will not be applied to your account.

What our experts say about 76ers vs. Knicks

Covers expert Jason Logan has made his 76ers vs. Knicks predictions, and he expects Kelly Oubre to be all over the ball in a pivotal Game 2 tonight.


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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76ers vs. Knicks Game 2: How to Claim Your BetMGM Welcome Offer

Follow these steps to claim your BetMGM welcome offer before Game 2 tips off Wednesday night at Madison Square Garden:

  1. Download the BetMGM app or visit the BetMGM website and click to register a new account.
  2. Enter the BetMGM bonus code COVERS50 during registration. Have your personal information ready, including your name, address, email address, and driver's license for identity verification. You will receive your $50 in BetMGM Rewards Points instantly upon sign-up.
  3. Select your preferred banking method and make a minimum $10 deposit. Accepted payment methods include Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
  4. Place your first real-money wager on 76ers vs. Knicks Game 2. Most-state users should place up to $1,500 on any market, such as the point spread, moneyline, or a player prop. Users in CO, MI, NJ, PA, or WV should place at least $10 to qualify for the Bet $10, Get $150 offer.
  5. If your first bet loses under the $1,500 First Bet offer, you will receive your stake back in bonus bets within 24 hours. If your $10 wager wins under the Bet $10, Get $150 offer, your $150 in bonus bets will be credited as three $50 bonus bets. Winning cash bets are immediately withdrawable, but bonus bets must be played through before any payout is available.

For a full breakdown of terms and what to expect from the platform, read the BetMGM bonus review.


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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.

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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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