BetMGM Bonus Code 'CVRBONUS1500': Make A $1,500 First Bet On Timberwolves vs Lakers on PRIME

Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Timberwolves vs Lakers Friday. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Oct 24, 2025 • 19:15 ET • 3 min read
Use BetMGM bonus code CVRBONUS1500 for $1,500 First Bet on Timberwolves vs Lakers Friday. 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 Minnesota Timberwolves visit the Los Angeles Lakers on Friday in a rematch of last season's playoff series where the Wolves upset the Lakers in five games. New BetMGM users can claim a BetMGM bonus code offer worth up to $1,500 in bonus bets to wager on this Western Conference showdown. Use bonus code CVRBONUS1500 to unlock this $1,500 First Bet promotion, which provides bonus bets back if your initial wager loses. This Friday matchup features Anthony Edwards and the Timberwolves looking to build on their season-opening victory against a Lakers team dealing with injury concerns. Take advantage of current sportsbook promos before tip-off on October 24.

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$1,500 First Bet
CVRBONUS1500

BetMGM bonus code CVRBONUS1500 delivers $1,500 First Bet for Timberwolves vs Lakers

The BetMGM bonus code CVRBONUS1500 provides new users with up to $1,500 in bonus bets if their first wager loses. This welcome offer requires a minimum $10 deposit and applies to any sports market, making it perfect for betting on the Timberwolves-Lakers game. If your initial bet on this Friday night matchup wins, you keep your winnings and can withdraw them immediately.

However, if your first wager loses, BetMGM returns your stake as bonus bets up to $1,500. For example, if you bet $500 on the Lakers to cover the spread and they fall short, you receive $500 in bonus bets to use on future wagers. Bonus bets expire after seven days and cannot be withdrawn directly - you must use them to place additional bets. Wagers over $50 are split into five equal bonus bets, while smaller amounts receive one bonus bet.


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 Timberwolves vs Lakers


How to claim your BetMGM First Bet offer for Friday's game

Claiming your BetMGM welcome bonus takes just a few simple steps before Friday's 10 p.m. ET tip-off. First, register for a new BetMGM account and enter bonus code CVRBONUS1500 during the sign-up process. You'll need to verify your identity with a driver's license and make a minimum $10 deposit to activate the promotion.

Once your account is funded, place your first real money wager on any Timberwolves vs Lakers betting market. Popular options include the point spread, moneyline, or player props like Anthony Edwards' scoring total. If your bet wins, you keep your profits, but if it loses, BetMGM credits your account with bonus bets equal to your stake up to $1,500. Read our comprehensive BetMGM bonus review for additional details about terms and conditions.


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.

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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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