New bettors can elevate their NBA Playoffs experience with a massive welcome offer from BetMGM Sportsbook. Use the BetMGM bonus code CVRBONUS1500 to unlock a $1,500 First Bet Offer, giving you the chance to wager on postseason basketball with a major safety net. 💸🔥
Whether you're placing your first bet on a total, spread, or player prop, this promo ensures you’ll get bonus bets back if your initial wager doesn’t hit. Sportsbook promos like this are the perfect way to back your basketball instincts during the high-stakes playoff season.
CVRBONUS1500
How the BetMGM 'First Bet' offer works for the NBA Playoffs
To access this welcome offer, new users must sign up and enter the BetMGM bonus code CVRBONUS1500 at registration. Then, deposit at least $10 and place your first real-money wager on any eligible NBA Playoffs market.
If your initial wager wins, you keep your winnings like any regular bet. If it loses, BetMGM will refund your stake in bonus bets—up to $1,500. Depending on your wager amount, the structure of the bonus changes:
Wager $50 or more: Receive five bonus bets, each worth 20% of your total stake.
Wager less than $50: Receive one bonus bet equal to your wager amount.
Bonus bets must be used within seven days and are non-withdrawable. Any winnings from bonus bets are yours to keep, but the original stake will not be returned. This offer is not available in DC, NV, or NY, but bettors in most other legal states are eligible to claim it during the NBA Playoffs. Don't forget—you must use the BetMGM bonus code to qualify!
Offer available to first-time customers in the following states: AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR). Not available to residents of Ontario, CA.
How to claim our BetMGM bonus code offer tonight
Ready to jump into the NBA Playoffs with one of the best sportsbook promos around? Here's how to get started with BetMGM:
- Register: Head to the BetMGM website or app and create an account. Be sure to enter the bonus code CVRBONUS1500 when prompted.
- Deposit: Add at least $10 to your account to become eligible for the promo.
- Place a Wager: Bet on any NBA Playoffs market—moneyline, spread, over/under, or props.
- Bonus Handling: If your bet wins, enjoy the payout! If it loses, you'll receive up to $1,500 back in bonus bets.
📚 For a deeper dive into this platform’s features, markets, and promos, check out our full BetMGM bonus review.
Sportsbook promos comparison
Choosing the right sportsbook promos for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.
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|---|---|---|---|
| Current Bonus | $1,500 Bonus Bets Back | Bet $5, Get $150, Win or Lose | Bet $5, Get $200, If Your Bet Wins |
| Promo Code | CVRBONUS1500 | None Required | None Required |
| Bonus Type | Second Chance Bet | Bet & Get | Bet & Get |
| Bonus Amount | One (< $50) or five (> $50) bonus bets | $150 Bonus Bets | $200 Bonus Bets |
| Wagering Period | Seven Days | Seven Days | Fourteen Days |
| Min. Deposit | $10 | $5 | $5 |
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