BetMGM Bonus Code COVERS Unlocks Up To $1,500 Bonus Bets If Your First Bet on Warriors-Lakers Loses

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 21, 2026 , 06:30 PM ET • 3 min read

Use the BetMGM bonus code COVERS to get a $1,500 First Bet offer on Warriors vs. Lakers, with bonus bets back if your first bet loses.

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

Use the BetMGM bonus code COVERS to claim a $1,500 First Bet offer on Warriors vs. Lakers. A code is required, and new users who sign up as of Wednesday, Oct. 21, can also get $150 in bonus bets if their first bet wins in select states. Check out more sportsbook promos to compare other welcome offers.

BetMGM Logo
$1,500 First Bet
COVERS

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
Minimum Deposit $10
Qualifying Bet $1 to $1,500
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM 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. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified October 21
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code Works for Warriors vs. Lakers

The BetMGM bonus code COVERS is required to unlock this welcome offer. New users can make a first bet on the Warriors vs. Lakers game, which tips off Wednesday at 10 p.m. ET at Crypto.com Arena and airs on ESPN. That wager is treated as bet 1 of your BetMGM experience.

The offer includes two parts, depending on your state and the result of your first bet. In most eligible states, a losing first bet returns your stake as bonus bets, up to $1,500. In CO, MI, NJ, PA and WV, a $10 first bet that wins earns $150 in bonus bets.

Here is how it could play out on the Warriors vs. Lakers game. If you bet $1,500 on the game and it loses, you would receive five bonus bets worth $300 each, totaling $1,500. If your first bet on the game wins, you collect your winnings as normal.

  • Code COVERS is required during registration.
  • Available to new users only in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY, with the $150 win bonus available in CO, MI, NJ, PA and WV.
  • A minimum $10 deposit and a real money wager are required to activate the offer.
  • Wagers over $50 that lose return five bonus bets, each worth 20% of your stake. Wagers under $50 that lose return one bonus bet.
  • Bonus bets expire after seven days.
  • Bonus bets must be wagered before any payout is available, and only winnings from the wager are returned, not the bonus itself.
  • The offer must be claimed by Oct. 18, 2026, at 11:59 p.m. ET.
  • Users on any self-exclusion list cannot use BetMGM.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.

    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, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
    COVERSBONUS MI, NJ, PA, WV

    How To Claim Your $1,500 First Bet on Warriors vs. Lakers

    Follow these steps to claim your BetMGM welcome offer and bet on tonight's game.

    1. Download the BetMGM app and review the banking options.
    2. Register with BetMGM Sportsbook by entering your name, address, email, and phone number.
    3. Enter the bonus code COVERS during sign-up to qualify for the offer.
    4. Deposit at least $10 using a method such as a credit card or PayPal.
    5. Place your first bet on Warriors vs. Lakers.
    6. If your bet loses, receive bonus bets back, up to $1,500. In CO, MI, NJ, PA, and WV, a winning $10 bet earns $150 in bonus bets.

    Want more details before signing up? Read the full BetMGM bonus review.


    More BetMGM Sportsbook promos, bonuses, and offers

    • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

    BetMGM responsible gambling features

    BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

    BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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