BetMGM Bonus Code COVERS50: Claim Up To $1,500 Bonus Bets + $50 Rewards Points for Spurs vs Knicks at MSG

New users can use BetMGM bonus code COVERS50 to claim one of two welcome offers ahead of Spurs vs. Knicks NBA Finals Game 3 on Monday, June 9. In most states, new users get a $1,500 First Bet plus $50 in BetMGM Rewards Points instantly. New users in CO, MI, NJ, PA, and WV can instead Bet $10 and Get $150 in bonus bets if it wins, also with $50 in Rewards Points. Check out more sportsbook promos before locking in your pick for Monday night.

$1,500 First Bets
COVERS50

Claim $1,500

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

Win $150

BetMGM Bonus Code COVERS50: $1,500 First Bet Offer Explained

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. In most eligible states, new users receive a $1,500 First Bet, meaning if your first wager loses, BetMGM returns your entire stake in bonus bets, up to $1,500. For example, if you bet $200 on the Knicks to win Game 3 and they fall short, you get $200 back in bonus bets. If you wager $1,500 and lose, BetMGM issues five bonus bets worth $300 each. Wagers under $50 return as a single bonus bet. All bonus bets expire seven days from issuance.

New users in CO, MI, NJ, PA, and WV have access to a different offer: Bet $10, Get $150 in bonus bets if your first wager wins. So if you put $10 on Victor Wembanyama to score over his total in Game 3 and it hits, you receive your winnings plus $150 issued as three $50 bonus bets. Regardless of the outcome under either offer, every new user receives $50 in BetMGM Rewards Points instantly upon signing up with code COVERS50.

BetMGM Rewards Points are a versatile currency within the BetMGM ecosystem. They can be used as bonus credits for digital play at BetMGM, converted to MGM Rewards Points or Marriott Bonvoy Points, redeemed for merchandise, or applied toward Gametime Vouchers for live events. Learn more at the BetMGM Rewards page. Both offers are valid through April 30, 2026, at 11:59 p.m. ET, and require a minimum $10 deposit to qualify. The code must be entered at registration or the offer will not be applied to your account.

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How to Claim Your BetMGM Welcome Offer for Knicks vs. Spurs Game 3

Signing up and placing your first bet on NBA Finals Game 3 is straightforward. Here is how to get started with the BetMGM bonus code COVERS50:

1. Download the BetMGM app or visit the BetMGM website and click to register a new account.
2. Enter the BetMGM bonus code COVERS50 during registration. This step is required to unlock either welcome offer and your $50 in Rewards Points.
3. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
4. Make a minimum $10 deposit using an accepted payment method such as Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
5. Place your first real-money wager on Spurs vs. Knicks Game 3. You can bet the moneyline, point spread, totals, player props, or same-game parlays. 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 $10 bet wins, you receive $150 in bonus bets.
6. Winning bets are withdrawable immediately. Bonus bets must be played through before any payout is available. Note that BetMGM does not return your stake when using bonus bets.

For a deeper look at what BetMGM offers beyond the welcome bonus, check out the full BetMGM bonus review.