BetMGM Bonus Code COVERS50: Make $1.5K First Bet Bonus for Trailblazers vs. Spurs

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 28, 2026 , 06:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for a $1,500 First Bet or Bet $10, Get $150 for Spurs vs. Blazers Game 5 on Tuesday.

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 COVERS50 unlocks two strong welcome offers for new users ahead of Tuesday's Trailblazers vs. Spurs Game 5 showdown. Depending on your state, you can claim either a $1,500 First Bet or a Bet $10, Get $150 bonus, plus $50 in BetMGM Rewards Points in most states. Both deals are part of the available sportsbook promos and must be claimed by April 30.

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

BetMGM Bonus Code COVERS50: How the $1,500 First Bet and Bet $10, Get $150 Offers Work

New users in most states can register with the BetMGM bonus code COVERS50 to activate the $1,500 First Bet offer. After making a minimum $10 deposit and placing your first real-money wager, you will receive $50 in BetMGM Rewards Points instantly, regardless of the outcome. If your first bet loses, BetMGM will return your entire stake back in bonus bets, up to $1,500.

For example, if you place a $1,500 wager on the Spurs to close out the Trail Blazers in Game 5 and it loses, you would receive five bonus bets worth $300 each, totaling $1,500. If your qualifying wager is under $50, you receive a single bonus bet instead. Bonus bets expire seven days from issuance and must be used before any payout is available. BetMGM does not return your stake when using bonus bets.

New users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia have access to a different welcome offer using the same BetMGM bonus code COVERS50. Place a minimum $10 wager on Game 5 between Portland and San Antonio, and if it wins, you will receive $150 in bonus bets issued as three $50 bonus bets. Win or lose, you still receive $50 in BetMGM Rewards Points. This offer also expires at 11:59 p.m. ET on April 30, 2026.

BetMGM Rewards Points are not just a small perk. They 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. You can learn more about the full rewards program at the BetMGM Rewards page.

  • Minimum $10 deposit required to qualify for either offer
  • $1,500 First Bet available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY
  • Bet $10, Get $150 available in CO, MI, NJ, PA, and WV
  • $50 BetMGM Rewards Points awarded instantly upon sign-up in most states
  • Bonus bets expire seven days from issuance
  • Offer expires at 11:59 p.m. ET on April 30, 2026

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 Trailblazers vs. Spurs Game 5

Claiming either BetMGM welcome offer ahead of Tuesday's Game 5 is straightforward. Follow these steps to get started before tip-off:

  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 after registering in eligible states.
  3. Make a minimum $10 deposit using one of BetMGM's available payment methods, including Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, or PayPal.
  4. Place your first real-money wager on the Trailblazers vs. Spurs Game 5. You can bet on moneylines, point spreads, totals, player props, same-game parlays, and more. If you are in most states and your bet loses, you get up to $1,500 back in bonus bets. If you are in CO, MI, NJ, PA, or WV and your bet wins, you receive $150 in bonus bets.
  5. Winning bets are immediately withdrawable. Bonus bets must be used before any payout is available, and BetMGM does not return your stake when using bonus bets.

For a full breakdown of what BetMGM has to offer, check out the BetMGM bonus review.


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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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