BetMGM Bonus Code COVERS50: Make $1,500 First Bet, Get Bonus Back for Rockets vs. Lakers

The BetMGM bonus code COVERS50 delivers exceptional value for Saturday's Rockets vs. Lakers Game 1 showdown. New users can claim up to $1,500 in bonus bets or $150 in bonus bets depending on their state, plus $50 in BetMGM Rewards Points. This welcome offer expires April 30, making it perfect timing for the playoff opener.

Don't miss out on these valuable sportsbook promos before tip-off.

$1,500 First Bets
COVERS50

Claim $1,500

Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

Win $150

BetMGM Bonus Code Offers for Rockets vs Lakers

The BetMGM bonus code COVERS50 provides two distinct welcome offers depending on your location. In most states where BetMGM operates, new users receive a $1,500 First Bet plus $50 BetMGM Rewards Points. If your initial wager on the Rockets vs Lakers game loses, you'll receive your entire stake back up to $1,500 in bonus bets. Meanwhile, users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can opt for a different structure: bet $10 and get $150 in bonus bets if your wager wins, plus the same $50 in BetMGM Rewards Points regardless of outcome.

For the $1,500 First Bet offer, imagine wagering $500 on the Lakers to cover the spread against Houston. If Los Angeles fails to cover and you lose, BetMGM returns five bonus bets worth $100 each, totaling your $500 stake. Conversely, if you're in an eligible state for the $150 offer and bet $10 on the Rockets moneyline and they win, you'll receive three $50 bonus bets plus your original winnings. Both offers include valuable BetMGM Rewards Points, which can be redeemed for bonus credits for digital play, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers.

Key terms include a minimum $10 deposit requirement and seven-day expiration on bonus bets. The welcome offer expires at 11:59 p.m. ET on April 30, 2026. Both promotional structures require the COVERS50 bonus code during registration to activate the benefits.

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How to Claim Your Lakers vs Rockets Betting Bonus

Claiming either BetMGM welcome offer for Saturday's playoff opener requires following these simple steps with both promotional options available:

1. Register for a new BetMGM account and enter bonus code COVERS50 during sign-up to activate either the $1,500 First Bet or $150 bonus offer depending on your state
2. Make a minimum $10 deposit using your preferred payment method such as credit card, debit card, or PayPal
3. Place your qualifying wager on any Rockets vs Lakers market, whether moneyline, point spread, or player props
4. Receive your bonus bets if your First Bet loses (most states) or if your $10 bet wins (CO, MI, NJ, PA, WV)
5. Collect your $50 BetMGM Rewards Points instantly regardless of your bet's outcome
6. Use bonus bets within seven days on additional NBA playoff action

Both offers provide excellent value for the Lakers-Rockets series opener, especially with injury concerns surrounding Luka Dončić and Austin Reaves potentially impacting the betting lines. Read our comprehensive BetMGM bonus review for additional details on terms and conditions.

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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