The BetMGM bonus code unlocks two outstanding welcome offers for new users ahead of Wednesday's Spurs vs. Thunder Game 2 in Oklahoma City. As of May 20, eligible bettors in most states can claim a $1,500 First Bet, while new users in CO, MI, NJ, PA, and WV can opt for a Bet $10, Get $150 offer. Both deals also come with $50 in BetMGM Rewards Points. Use the code COVERS50 to access these sportsbook promos and back Victor Wembanyama and the Spurs, or the Thunder as they look to even the series at home.
Claim your $1,500 First Bet or Bet $10, Get $150 now.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: $1,500 First Bet and Bet $10, Get $150 Offers Explained
New BetMGM users in most states can register with the BetMGM bonus code to activate the $1,500 First Bet offer. A minimum $10 deposit is required to qualify. If your first bet loses, BetMGM returns your entire stake in bonus bets, up to $1,500. Wagers over $50 are returned as five bonus bets, each worth 20% of your qualifying stake. Wagers of $50 or less are returned as a single bonus bet. Bonus bets expire seven days from issuance.
For example, if you placed a $1,500 bet on the Spurs to win Game 2 and it lost, you would receive five $300 bonus bets totaling $1,500. If you bet $50 on the Thunder to cover the spread and lost, you would receive one $50 bonus bet. Winning bets are paid out immediately and are fully withdrawable, while bonus bets must be wagered before any payout is available.
New users in CO, MI, NJ, PA, and WV have access to a different welcome offer. Use the BetMGM bonus code COVERS50 and place a minimum $10 wager on Game 2. If that bet wins, you receive $150 in bonus bets issued as three $50 bonus bets, regardless of the odds. Both offers also award $50 in BetMGM Rewards Points instantly upon sign-up, no matter the outcome of your bet.
BetMGM Rewards Points are a flexible loyalty currency that can be redeemed for several benefits, including:
- Bonus credits for digital play at BetMGM
- MGM Rewards Points for use at MGM properties
- Marriott Bonvoy Points
- Merchandise
- Gametime Vouchers
Both offers are available to new users only and must be claimed by April 30, 2026, at 11:59 p.m. ET. Users on any self-exclusion lists are not eligible. The $1,500 First Bet is available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY, among other states. The Bet $10, Get $150 offer is exclusive to CO, MI, NJ, PA, and WV.
Get our Spurs vs. Thunder predictions
Covers expert Jason Logan has made his Spurs vs. Thunder predictions, and he expects the two MVP Finalists in Wemby and Shai Gilgeous-Alexander to rise to the occasion in a pivotal Game 2.
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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How to Claim Your BetMGM Welcome Offer for Spurs vs. Thunder Game 2
Signing up and claiming your BetMGM welcome offer ahead of Game 2 is straightforward. Follow these steps to get started:
- Download the BetMGM app or visit the BetMGM website. Familiarize yourself with the platform, banking options, and available markets before registering.
- Click to register a new account. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
- Enter the BetMGM bonus code COVERS50 during registration. This step is mandatory. Failing to enter the code will void the welcome offer from your account. You will receive your $50 in BetMGM Rewards Points instantly after signing up.
- Make a minimum $10 deposit using your preferred payment method. BetMGM accepts credit cards such as Visa and Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
- Place your qualifying wager on Spurs vs. Thunder Game 2. You can bet on moneylines, point spreads, totals, player props, parlays, or any other available market. If you are in most states, your first bet is covered up to $1,500 if it loses. If you are in CO, MI, NJ, PA, or WV, a winning $10 bet earns you $150 in bonus bets.
- Collect your winnings or bonus bets. Winning 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 platform details, read 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.
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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.
