The BetMGM bonus code COVERS unlocks a $1,500 First Bet for new users looking to wager on Saturday's NCAA Tournament action. This welcome offer provides bonus bets back if your first bet loses, making it perfect for betting on exciting Round 2 matchups like Duke vs. TCU or Michigan vs. Saint Louis.
Saturday, March 21 presents an ideal opportunity to claim this generous promotion and dive into college basketball betting with enhanced value through sportsbook promos.
COVERS
BetMGM Bonus Code Details for NCAA Tournament Saturday
The BetMGM bonus code COVERS provides new customers with substantial protection on their first wager. After registering and making a minimum $10 deposit, you can place your first bet on any of Saturday's NCAA Tournament games, knowing that losses up to $1,500 will be returned as bonus bets.
This offer works seamlessly with Saturday's tournament slate. Whether you back Michigan as a 1-seed against Saint Louis, or take a chance on the upset potential of TCU against Duke, your initial stake receives full protection. If your first bet wins, you keep all winnings and can withdraw them immediately.
Key terms include:
- Bonus bets expire after seven days
- Wagers over $50 receive five separate bonus bets worth 20% each
- Wagers under $50 receive one bonus bet equal to the stake
- Available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, DC, and PR
For example, if you bet $1,000 on Houston to cover against Texas A&M and lose, you'll receive five $200 bonus bets totaling $1,000. These bonus bets can then be used on other tournament games, though the stake isn't returned when using bonus bets.
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, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR) |
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How to Claim Your $1,500 NCAA Tournament Offer
Getting started with this BetMGM promotion takes just a few simple steps before Saturday's games tip off.
- Click the registration link and use COVERS as your bonus code during account creation
- Complete identity verification with your driver's license and personal information
- Make your first deposit of at least $10 using any accepted payment method
- Place your first real money wager on any NCAA Tournament Saturday game
- Receive bonus bets equal to your stake if your first bet loses, up to $1,500
This straightforward process ensures you're ready to bet on compelling matchups like Gonzaga vs. Texas or Illinois vs. VCU with maximum protection. Read our comprehensive BetMGM bonus review for additional insights into this sportsbook's features and betting options.
More BetMGM Sportsbook promos, bonuses, and offers
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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.
