BetMGM Bonus Code 'COVERS' Gives Up To $1500 Back On A Losing First Bet On Wolves-Thunder

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

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Nov 26, 2025 • 16:05 ET • 3 min read
Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The Oklahoma City Thunder's impressive 17-1 start and nine-game winning streak set up an intriguing NBA Cup matchup against the Minnesota Timberwolves on Wednesday, November 26. New bettors can capitalize on this high-stakes game with the BetMGM bonus code COVERS to unlock a $1,500 First Bet offer. This welcome promotion allows you to place your initial wager on the Thunder-Timberwolves game with added protection, and it's one of the top sportsbook promos available for Wednesday's action.

BetMGM Logo
$1,500 First Bet
COVERS

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

The BetMGM bonus code COVERS provides new users with substantial protection on their first wager. After registering and making a minimum $10 deposit, you can place your initial bet on any market, including the Thunder's quest to extend their winning streak against Minnesota. If your first bet loses, BetMGM returns your stake up to $1,500 in bonus bets.

The bonus bet structure depends on your wager amount. Bets over $50 are divided into five equal bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet. For example, if you bet $1,000 on Oklahoma City to cover the spread and lose, you'd receive five $200 bonus bets totaling $1,000. All bonus bets expire after seven days and must be used before you can withdraw any potential winnings.

This 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, Wyoming, plus Washington D.C. and Puerto Rico.


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)

Boost your NBA Cup winnings with BetMGM

BetMGM All Users
Get a boost for any NBA Cup bet!

BetMGM odds for Timberwolves vs Thunder


Enjoying Covers content? Add us as a preferred source on your Google account Add as a preferred source on Google

How to claim your Thunder vs Timberwolves betting bonus

Getting started with your BetMGM welcome offer for Wednesday's NBA Cup game is straightforward. Follow these steps to claim your $1,500 First Bet protection:

  1. Click the registration link and use the BetMGM bonus code COVERS during account creation
  2. Complete identity verification with your driver's license and personal information
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your qualifying first bet on Thunder vs Timberwolves or any available market
  5. If your bet wins, withdraw your winnings immediately; if it loses, receive bonus bets within 24 hours

Remember that bonus bets cannot be withdrawn as cash and must be wagered before accessing any potential payouts. With Oklahoma City's dominant defense allowing just 102.8 points per 100 possessions and Minnesota struggling offensively in recent games, this matchup offers plenty of betting angles to explore. Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and offerings.


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.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

Pages related to this topic

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.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo