BetMGM Bonus Code COVERS: Get up to $1,500 Bonus Bets for Timberwolves vs. Grizzlies, Monday NBA Matchups

Use BetMGM bonus code COVERS for a $1,500 First Bet on Timberwolves vs. Grizzlies Monday. Get bonus bets back if your first wager loses.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 2, 2026 • 16:15 ET • 3 min read

The BetMGM bonus code COVERS unlocks a $1,500 First Bet for Monday's rematch between the Minnesota Timberwolves and Memphis Grizzlies. New users can claim this welcome offer by using the required promo code COVERS when registering.

This generous promotion from one of the top sportsbook promos available gives bettors bonus bets back if their first wager loses, making it perfect for betting on this Western Conference showdown on Feb. 2.

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$1,500 First Bets
COVERS

How the BetMGM Bonus Code COVERS Works for Grizzlies vs. Timberwolves

The BetMGM bonus code provides new customers with protection on their first bet up to $1,500. After registering with the required code COVERS and making a minimum $10 deposit, you can place your first real money wager on any market for Monday's Timberwolves-Grizzlies game. If your bet wins, you keep your winnings and can withdraw them immediately.

However, if your first bet loses, BetMGM returns your entire stake in bonus bets. For example, if you bet $500 on the Timberwolves to cover the spread and they fall short, you'll receive $500 in bonus bets to use on future wagers. For bets over $50, BetMGM splits your bonus into five equal credits, each worth 20% of your original wager.

Key terms include:

  • Bonus bets expire after seven days
  • Available to new users in eligible states only
  • Minimum $10 deposit required
  • Bonus bet stakes are not returned with winnings

With Ty Jerome making his season debut and the Timberwolves riding a four-game winning streak, this matchup offers plenty of betting opportunities to maximize your welcome bonus.


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

BetMGM Bonus Code Eligible States
 COVERS 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)

Best BetMGM NBA Boosts

BetMGM All Users

  • Get a boost for one 3+ leg parlay

BetMGM odds for Timberwolves vs Grizzlies


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$1,500 BetMGM Promo: How to Claim for Monday's Game

Follow these simple steps to claim your BetMGM welcome offer for Timberwolves vs. Grizzlies:

  1. Click the BetMGM registration link and enter bonus code COVERS during sign-up
  2. Complete account verification with your personal information and driver's license
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your first real money bet on any Timberwolves-Grizzlies market
  5. If your bet loses, receive bonus bets equal to your stake up to $1,500
  6. Use bonus bets within seven days on any sports market

For a complete breakdown of terms and conditions, read our comprehensive BetMGM bonus review.


More BetMGM Sportsbook promos, bonuses, and offers

  • 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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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.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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