BetMGM Bonus Code 'CVRBONUS1500': Make A $1,500 First Bet On Thunder vs Pacers

Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Thunder vs Pacers Thursday. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Oct 23, 2025 • 15:15 ET • 3 min read
Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Thunder vs Pacers Thursday. Get bonus bets back if your first wager loses.
Photo By - Use BetMGM bonus code "CVRBONUS1500" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The Oklahoma City Thunder visit the Indiana Pacers on Thursday night in what promises to be an intriguing season opener for Indiana. New users can take advantage of the BetMGM bonus code CVRBONUS1500 to claim a $1,500 First Bet offer for this matchup. This welcome promotion is available to new customers who want to wager on the Thunder-Pacers game on Thursday, October 23, and it's one of the top sportsbook promos currently available.

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$1,500 First Bet
CVRBONUS1500

BetMGM bonus code CVRBONUS1500 delivers $1,500 First Bet protection

The BetMGM bonus code CVRBONUS1500 provides new users with substantial protection on their initial wager. After registering and making a minimum $10 deposit, bettors can place their first real money wager on any Thunder vs Pacers market. If that first bet loses, BetMGM returns the entire stake up to $1,500 in bonus bets.

The bonus bet structure depends on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of the original stake. For example, a losing $1,000 wager on the Thunder to win would result in five $200 bonus bets. Wagers under $50 receive one bonus bet equal to the original stake amount. All bonus bets expire after seven days and cannot be withdrawn directly.

Consider this scenario for Thursday's game: If you bet $500 on the Pacers to cover the spread and lose, you would receive five $100 bonus bets to use on future markets. However, if you bet $500 on Shai Gilgeous-Alexander to score over his points total and win, you keep your original winnings with no bonus bets issued.


Check if you can use our BetMGM bonus code in your state

BetMGM Bonus Code Eligible States
 "COVERS1500" AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)

BetMGM odds for Thunder vs Pacers


How to claim your Thunder vs Pacers betting offer

Claiming this welcome offer requires just a few simple steps before Thursday's tip-off. Here's how to get started:

  1. Click the registration link and create your new BetMGM account using bonus code CVRBONUS1500
  2. Complete identity verification by providing your driver's license information
  3. Make an initial deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on any Thunder vs Pacers market
  5. If your bet loses, receive bonus bets up to $1,500 within 24 hours

The offer is available to new customers in eligible states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and betting options.


More BetMGM Sportsbook promos, bonuses, and offers from

  • Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
  • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

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.

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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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