BetMGM Bonus Code COVERS50: Get $150 Bonus Bets for Knicks vs. 76ers, NBA Games

The BetMGM bonus code COVERS50 unlocks two welcome offers for new users ahead of Knicks vs. 76ers Game 3 on Friday, May 8. In most states, you can place a $1,500 First Bet and get your stake back in bonus bets if it loses. In CO, MI, NJ, PA, and WV, bet $10 and get $150 in bonus bets if it wins. Either way, all new users receive $50 in BetMGM Rewards Points instantly.

Claim one of these sportsbook promos and put it to work on Game 3 in Philadelphia. Both offers are available through $1,500 First Bet or Bet $10, Get $150 at BetMGM.

$1,500 First Bets
COVERS50

Claim $1,500

Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

Win $150

BetMGM Bonus Code COVERS50: How the $1,500 First Bet and Bet $10, Get $150 Offers Work

New users in most states can use the BetMGM bonus code COVERS50 to activate the $1,500 First Bet offer. After making a minimum $10 deposit and placing your first real-money wager, you are covered up to $1,500 in bonus bets if that bet loses. If you wager $50 or more and lose, BetMGM returns your stake as five bonus bets, each worth 20% of your original wager. For example, if you placed $1,500 on the Knicks to win Game 3 and they fell short, you would receive five $300 bonus bets totaling $1,500. If you wager less than $50 and lose, you receive one bonus bet equal to your stake.

New users in CO, MI, NJ, PA, and WV have access to a different welcome offer using the same code COVERS50. Place a $10 minimum wager on Game 3, and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets. For instance, if you bet $10 on the 76ers to cover the spread at home and they pull it off, you collect your winnings plus $150 in bonus bets. Regardless of the outcome, all new users in these states also receive $50 in BetMGM Rewards Points instantly upon sign-up.

Those Rewards Points are not just for betting. BetMGM Rewards Points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. It is a loyalty program that adds real value beyond your welcome offer. Key terms to keep in mind for both offers include:

• Bonus bets expire seven days from issuance.
• A minimum $10 deposit is required to qualify.
• Bonus bets cannot be withdrawn directly; they must be wagered first.
• BetMGM does not return your stake when using bonus bets.
• Both offers expire at 11:59 p.m. ET on April 30, 2026.
• Code COVERS50 must be entered at registration or the offer is void.

Get our Knicks vs. 76ers predictions

Covers NBA expert Jason Logan has made his Knicks vs. 76ers predictions and expects a strong showing from the 76ers, who have historically upset the Boston Celtics in Round 1.

Check if you can use our BetMGM bonus code in your state

Best BetMGM NBA Boosts

 All Users

• Get an odds boost for any NBA bet

Check out all BetMGM odds and profit boosts for today.

Live BetMGM odds for Knicks vs 76ers

These odds update every 5 minutes.

Enjoying Covers content? Add us as a preferred source on your Google account

How to Claim Your BetMGM Welcome Offer for Knicks vs. 76ers Game 3

Signing up and claiming your BetMGM welcome offer ahead of Game 3 is straightforward. Follow these steps to get started:

1. Download the BetMGM app: Get familiar with the platform, explore available markets for Knicks vs. 76ers, and confirm your preferred banking options are supported before registering.
2. Register your account: Click through to BetMGM Sportsbook and begin the sign-up process. Have your name, address, email address, and driver's license ready to speed things along.
3. Enter the bonus code: Input BetMGM bonus code COVERS50 during registration. This step is mandatory. Skipping it will void your welcome offer. You will also receive your $50 in BetMGM Rewards Points instantly at this stage.
4. Make a deposit: Fund your account with at least $10 using any accepted payment method, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
5. Place your first bet on Game 3: Wager on any available market for Knicks vs. 76ers, such as the moneyline, point spread, or player props for Jalen Brunson or Tyrese Maxey. In most states, if your bet loses, you get up to $1,500 back in bonus bets. In CO, MI, NJ, PA, and WV, if your $10 minimum bet wins, you receive $150 in bonus bets.
6. Use your bonus bets: Bonus bets must be wagered before any payout is available. Winning bets placed with real money are immediately withdrawable.

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