BetMGM Bonus Code COVERS50: Get $1,500 Bonus Bets for Magic vs. Pistons, NBA Playoff Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 29, 2026 , 04:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to a $1,500 First Bet or Bet $10, Get $150 for Magic vs. Pistons Game 5.

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

The BetMGM bonus code unlocks two welcome offers for new users ahead of Magic vs. Pistons Game 5 on Wednesday, April 29. Depending on your state, you can claim a $1,500 First Bet or a Bet $10, Get $150 offer, plus $50 in BetMGM Rewards Points in most states.

Both deals are available through these sportsbook promos, and both require the code COVERS50 to activate.

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$1,500 First Bets
COVERS50
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

How the BetMGM Bonus Code COVERS50 Works

New users can claim one of two welcome offers when they register with the BetMGM bonus code COVERS50. In most states, including AZ, IL, IN, MA, NC, OH, TN, and VA, among others, you'll receive a $1,500 First Bet plus $50 in BetMGM Rewards Points instantly upon sign-up. In CO, MI, NJ, PA, and WV, you'll receive $150 in bonus bets if your first $10 wager wins, along with $50 in BetMGM Rewards Points regardless of the outcome.

Here is how each offer breaks down for Game 5 between Orlando and Detroit:

  • $1,500 First Bet (most states): Place a wager on the game, such as the Pistons moneyline or a Cade Cunningham points prop. If your bet loses, you receive your full stake back in bonus bets, up to $1,500. Wagers over $50 are returned as five bonus bets worth 20% each. For example, a $1,500 losing bet on the Pistons to win Game 5 would return five $300 bonus bets. Wagers under $50 come back as a single bonus bet. Bonus bets expire seven days from issuance.
  • Bet $10, Get $150 (CO, MI, NJ, PA, WV): Place a minimum $10 wager on Game 5. If it wins, you receive $150 in bonus bets issued as three $50 bonus bets, also expiring seven days from issuance.

Both offers require a minimum $10 deposit and are only available to new BetMGM users. The $50 in BetMGM Rewards Points you receive instantly can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. You must claim the offer before 11:59 p.m. ET on April 30, 2026. Users on self-exclusion lists are not eligible.

What our experts are saying about Magic vs. Pistons

Covers expert Douglas Farmer has made his Magic vs. Pistons predictions, and has Detroit star Cade Cunningham underwhelming in a pivotal Game 5.


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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Magic vs. Pistons Game 5: How to Claim Your Welcome Offer

Follow these steps to sign up and place your first bet on Magic vs. Pistons Game 5 tonight in Detroit:

  1. Download the app: Get the BetMGM app on your mobile device to explore markets, banking options, and navigation before registering.
  2. Register: Click through to BetMGM Sportsbook and create your new account. Have your name, address, email address, and driver's license ready to speed up the process.
  3. Enter the code: Input BetMGM bonus code COVERS50 during registration. You will receive your $50 in BetMGM Rewards Points instantly. Skipping the code will void the offer.
  4. Deposit funds: Add at least $10 using your preferred payment method. BetMGM accepts credit cards, debit cards, bank transfers, Play+, Skrill, and PayPal.
  5. Place your bet: Wager on any Game 5 market, such as the Magic to close out the series, the Pistons moneyline, a point spread, or a player prop like Paolo Banchero's scoring total. If you are in most states and your bet loses, you get your stake back in bonus bets up to $1,500. If you are in CO, MI, NJ, PA, or WV and your bet wins, you receive $150 in bonus bets.
  6. Withdraw or use bonus bets: Winning cash bets are immediately withdrawable. Bonus bets must be played through before any payout is available. BetMGM does not return your stake when using bonus bets.

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


More BetMGM Sportsbook promos, bonuses, and offers

  • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

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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