BetMGM Bonus Code COVERS50: Make $1,500 First Bet on Timberwolves vs. Nuggets, Get Bonus Bets Back

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 18, 2026 , 12:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for Timberwolves vs Nuggets Game 1. Get up to $1,500 First Bet or $150 bonus bets + $50 BetMGM Rewards Points.

Photo By - Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.

The BetMGM bonus code COVERS50 delivers exceptional value for Saturday's Timberwolves vs. Nuggets playoff opener. New users can claim up to $1,500 in bonus bets if their first wager loses, plus $50 in BetMGM Rewards Points regardless of outcome.

This welcome offer provides the perfect opportunity to bet on Game 1 of this Western Conference first-round series, with multiple sportsbook promos available depending on your state.

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$1,500 First Bets
COVERS50
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

BetMGM Bonus Code Offers Two Paths for Timberwolves vs. Nuggets

The BetMGM bonus code COVERS50 unlocks different welcome offers based on your location. In most states, new users receive up to $1,500 back in bonus bets if their first wager loses, while bettors in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can claim $150 in bonus bets when their $10 qualifying bet wins. Both promotions include $50 in BetMGM Rewards Points, which can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers.

For Saturday's playoff matchup, imagine placing a $100 bet on the Nuggets to cover the spread in the $1,500 First Bet states. If Denver fails to cover and you lose, BetMGM returns your $100 as bonus bets, allowing you to continue betting on the series. In the $150 bonus bet states, a winning $10 wager on Anthony Edwards to score over his points total would earn you the original winnings plus $150 in bonus bets for future playoff action.

Key terms include:

  • Minimum $10 deposit required for both offers
  • Bonus bets expire seven days from issuance
  • $50 BetMGM Rewards Points awarded instantly
  • Offer expires April 30, 2026, at 11:59 p.m. ET
  • Available only to new BetMGM users

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

BetMGM Bonus Code Eligible States
 COVERS50 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)
COVERSBONUS MI, NJ, PA, WV

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How to Claim Your Nuggets vs. Timberwolves Betting Bonus

Claiming either BetMGM welcome offer for Game 1 requires following these simple steps. Both the $1,500 First Bet and $150 bonus bet promotions use the same registration process and bonus code.

  1. Download the BetMGM app and click the registration link
  2. Enter bonus code COVERS50 during account creation
  3. Complete identity verification with your driver's license
  4. Make a minimum $10 deposit using your preferred payment method
  5. Place your qualifying wager on Timberwolves vs. Nuggets markets
  6. Receive bonus bets if applicable and $50 BetMGM Rewards Points instantly

Whether you're backing Nikola Jokic's triple-double odds or betting the game total, both offers provide excellent value for this playoff opener. Read our comprehensive BetMGM bonus review for additional details on terms and conditions.


More BetMGM Sportsbook promos, bonuses, and offers

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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.

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

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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.

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