BetMGM Bonus Code COVERS50: Make $1,500 First Bet on Timberwolves-Rockets, Get Bonus Back on Friday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 10, 2026 , 06:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 First Bet + $50 Rewards Points on Timberwolves vs. Rockets Friday.

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 an impressive welcome offer for Friday's Timberwolves vs. Rockets matchup. New users can claim up to $1,500 in bonus bets if their first wager loses, plus $50 in BetMGM Rewards Points instantly. This $1,500 First Bet offer is available in most states, while users in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia can opt for a Bet $10, Get $150 promotion instead. Both offers are part of the latest sportsbook promos available through April 10.

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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 $1,500 Protection for Timberwolves vs. Rockets

The BetMGM bonus code COVERS50 provides two distinct welcome offers depending on your location. In most states where BetMGM operates, new users receive up to $1,500 in bonus bets if their first wager loses, plus $50 in BetMGM Rewards Points regardless of the outcome. Users in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia can instead claim $150 in bonus bets when their first $10 wager wins, plus the same $50 in Rewards Points.

For the main offer, if you place a $100 first bet on the Timberwolves to cover the spread against Houston and lose, you'll receive one $100 bonus bet. If you wager the maximum $1,500 on Houston's moneyline and it loses, you'll get five bonus bets worth $300 each, totaling $1,500 in bonus betting credits. The alternative offer works differently: place a $10 bet on Minnesota's team total points, and if it wins, you'll receive three $50 bonus bets totaling $150.

BetMGM Rewards Points can be redeemed for various benefits including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Key terms include:

  • Minimum $10 deposit required for both offers
  • Bonus bets expire seven days after issuance
  • Offer expires April 30, 2026 at 11:59 p.m. ET
  • Code COVERS50 must be entered during registration

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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Live BetMGM odds for Timberwolves vs Rockets

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How to Claim Your Rockets vs. Timberwolves Betting Bonus

Follow these steps to secure your BetMGM welcome offer for Friday's Western Conference showdown between Houston and Minnesota:

  1. Register for a new BetMGM account and enter bonus code COVERS50 during signup
  2. Make a minimum $10 deposit using your preferred payment method
  3. Place your first real money wager on any Timberwolves vs. Rockets betting market
  4. Receive $50 in BetMGM Rewards Points instantly regardless of outcome
  5. If your first bet loses (main offer), get bonus bets equal to your stake up to $1,500
  6. If your first $10 bet wins (CO, MI, NJ, PA, WV), receive $150 in bonus bets

Both offers provide excellent value for betting on this Western Conference matchup featuring two strong defensive teams. Read our comprehensive BetMGM bonus review for additional details about 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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