BetMGM Bonus Code COVERS50: Get up to $1,500 Bonus Bets for Thunder vs. Lakers, NBA Games

The BetMGM bonus code COVERS50 unlocks two welcome offers for new users ahead of Monday's Lakers vs. Thunder Game 4. Use the code to claim either a $1,500 First Bet available in most states, or the Bet $10, Get $150 offer in CO, MI, NJ, PA, and WV. Both deals also include $50 in BetMGM Rewards Points instantly.

Check out more sportsbook promos before placing your bets on May 11.

$1,500 First Bets
COVERS50

Claim $1,500

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

Win $150

How the BetMGM Bonus Code COVERS50 Works for Lakers vs. Thunder

New users can activate one of two welcome offers by entering the BetMGM bonus code COVERS50 at registration. The offer available to you depends on your state, so it is important to confirm which one applies before signing up.

In most states, BetMGM offers a $1,500 First Bet. If your first wager on Game 4 loses, you receive your entire stake back in bonus bets, up to $1,500. If your wager is more than $50 and loses, BetMGM issues five bonus bets each worth 20% of your qualifying wager. For example, a $1,500 losing bet on the Thunder to sweep the Lakers would return five $300 bonus bets totaling $1,500. If your wager is $50 or less and loses, you receive one bonus bet for the full amount. Bonus bets expire seven days from issuance.

In CO, MI, NJ, PA, and WV, the offer is Bet $10, Get $150. Place a minimum $10 wager on Game 4 and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets. This offer pays out regardless of a win, meaning you still collect the $50 in BetMGM Rewards Points either way. Both offers require a minimum $10 deposit and are only available to new users. The deadline to claim either offer is April 30, 2026, at 11:59 p.m. ET.

The $50 in BetMGM Rewards Points you receive instantly can be redeemed for a variety of rewards, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Learn more about the rewards program at the BetMGM Rewards page.

Get our Thunder vs. Lakers predictions

Covers expert Douglas Farmer has made his Thunder vs. Lakers predictions, and he expects LeBron James to put up quite a fight against the juggernaut Thunder in a potential elimination game.

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 Lakers vs Thunder

These odds update every 5 minutes.

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

How to Claim Your $1,500 First Bet or $150 Bonus for Game 4

Signing up and placing your first bet on Lakers vs. Thunder Game 4 is straightforward. Follow these steps to claim your welcome offer with the BetMGM bonus code COVERS50:

1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
2. Enter the BetMGM bonus code COVERS50 during sign-up. Failing to enter the code will void the offer from your account. You will receive your $50 in BetMGM Rewards Points instantly upon completing registration.
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 wager on Game 4 between the Lakers and Thunder. In most states, if your bet loses, you receive 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.
5. Winning bets are immediately withdrawable. Bonus bets must be used before any payout is available. Note that BetMGM does not return your stake when using bonus bets.

Read the full BetMGM bonus review to learn more about what the sportsbook has to offer.