New users can claim one of two welcome offers with the BetMGM bonus code in time for Monday, May 4, and bet on Timberwolves vs. Spurs in Game 1 of the Western Conference semifinals. In most states, new users get a $1,500 First Bet, meaning bonus bets back if your first wager loses, plus $50 in BetMGM Rewards Points instantly. In Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, new users can instead Bet $10, Get $150 in bonus bets if that wager wins, also paired with $50 in BetMGM Rewards Points.
Both sportsbook promos require code COVERS50 at sign-up.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: How the $1,500 First Bet and Bet $10, Get $150 Offers Work
The BetMGM bonus code COVERS50 unlocks one of two welcome offers depending on your state. In most eligible states, the $1,500 First Bet offer means that if your first wager on, say, the Spurs moneyline in Game 1 loses, BetMGM returns your entire stake as bonus bets, up to $1,500. If you bet $1,500 and it loses, you receive five bonus bets worth $300 each. If you bet $40 and it loses, you receive one $40 bonus bet. Wagers under $50 return a single bonus bet, while wagers of $50 or more return five equal bonus bets. Bonus bets expire seven days from issuance.
In Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, the BetMGM bonus code COVERS50 activates the Bet $10, Get $150 offer. Place a minimum $10 wager on the Timberwolves vs. Spurs and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets, also expiring seven days from issuance. Regardless of the outcome of your bet, both offers include $50 in BetMGM Rewards Points delivered instantly upon sign-up.
BetMGM Rewards Points are a loyalty currency that can be redeemed for a range of benefits, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Both welcome offers are available to new users only and must be claimed by April 30, 2026, at 11:59 p.m. ET. Key terms to keep in mind include the following:
- A minimum $10 deposit is required to qualify for either offer.
- Bonus bets cannot be withdrawn directly and must be wagered first; BetMGM does not return your stake when using bonus bets.
- The $1,500 First Bet offer is available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY.
- The Bet $10, Get $150 offer is available in CO, MI, NJ, PA, and WV.
- Users on self-exclusion lists are not eligible for either offer.
What our experts say about Timberwolves vs. Spurs
Covers expert Douglas Farmer has made his Timberwolves vs. Spurs predictions, and he expects a big series opener from Rudy Gobert.
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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Timberwolves vs. Spurs Game 1: How to Claim Your BetMGM Welcome Offer
Follow these steps to sign up with BetMGM bonus code and place your first bet on Timberwolves vs. Spurs in time for Game 1 on Monday:
- Download the BetMGM app or visit the BetMGM website. Familiarize yourself with the available markets, banking options, and customer service before registering.
- Register a new account by clicking the sign-up button. 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 upon completing sign-up.
- Make a deposit of at least $10 using any available payment method, including Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, or PayPal.
- Place your first bet on the Timberwolves vs. Spurs. In most states, if your bet loses, you receive bonus bets back up to $1,500. In CO, MI, NJ, PA, and WV, if your $10-plus bet wins, you receive $150 in bonus bets.
- Collect your winnings or bonus bets. Winning bets are immediately withdrawable. Bonus bets must be wagered before any payout is available.
For a full breakdown of terms and what to expect from the platform, 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.
