BetMGM Bonus Code COVERS: Make $1,500 First Bet on NCAA Tournament Sunday Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 22, 2026 , 09:15 AM ET • 3 min read

Use BetMGM bonus code COVERS for a $1,500 First Bet on NCAA Tournament Sunday games. Get bonus bets back if your first bet loses.

The BetMGM bonus code COVERS unlocks a $1,500 First Bet for new users looking to wager on Sunday's NCAA Tournament Round 2 matchups. This welcome offer provides bonus bets back if your first bet loses, making it an excellent opportunity to bet on games like Miami vs. Purdue or Kentucky vs. Iowa State.

With eight compelling matchups scheduled for Sunday, March 22, bettors can explore various sportsbook promos and betting markets.

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$1,500 First Bets
COVERS

BetMGM Bonus Code Details for NCAA Tournament Action

The BetMGM bonus code COVERS provides new customers with substantial value when betting on Sunday's NCAA Tournament games. After registering and making a minimum $10 deposit, you can place your first real money wager on any of the eight Round 2 matchups. If your initial bet loses, BetMGM returns your stake up to $1,500 in bonus bets.

The bonus bet structure depends on your wager amount. For bets over $50, you receive five separate bonus bets, each worth 20% of your original stake. For example, if you bet $1,000 on UCLA vs. UConn and lose, you would receive five $200 bonus bets totaling $1,000. Smaller wagers under $50 result in a single bonus bet equal to your stake amount.

Key terms include:

  • Bonus bets expire after seven days
  • Available in eligible states including 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
  • Minimum $10 deposit required
  • Bonus bets cannot be withdrawn directly and must be used for wagering

Consider betting on high-profile matchups like Iowa vs. Florida or Utah State vs. Arizona, where the one-seeds face elimination pressure from determined nine-seeds looking to continue their tournament runs.


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)

BetMGM All Users


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How to Claim Your $1,500 NCAA Tournament Bet

Follow these steps to claim your BetMGM welcome offer for Sunday's NCAA Tournament games:

  1. Register a new BetMGM account using bonus code COVERS
  2. Complete identity verification with required documentation
  3. Make a minimum $10 deposit using available payment methods
  4. Place your first real money wager on any NCAA Tournament game
  5. Receive bonus bets if your first bet loses, up to $1,500
  6. Use bonus bets within seven days of issuance

Ready to get started? Read our comprehensive BetMGM bonus review for additional insights into this sportsbook's features and offerings.


More BetMGM Sportsbook promos, bonuses, and offers

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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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