BetMGM Bonus Code COVERS: Get $1,500 Bonus Bets for Iowa-Illonois, Purdue-Arizona, NCAA Tournament

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 28, 2026 , 03:15 PM ET • 3 min read

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

The BetMGM bonus code COVERS unlocks a valuable welcome offer for new users looking to bet on Saturday's Iowa vs. Illinois showdown. This $1,500 First Bet promotion provides bonus bets back if your initial wager loses, making it an excellent opportunity to back either the Hawkeyes or Fighting Illini.

With both Big Ten programs battling for a spot in college basketball's biggest stage, this March 28 matchup presents compelling betting value alongside top-tier sportsbook promos.

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$1,500 First Bets
COVERS
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERSBONUS

BetMGM Bonus Code Delivers $1,500 First Bet Protection

New BetMGM customers can secure substantial betting protection with the BetMGM bonus code COVERS when wagering on Iowa vs. Illinois. This welcome offer returns your stake as bonus bets if your first wager loses, providing up to $1,500 in protection for Saturday's South Region contest. This ensures new users can confidently back their preferred team without worrying about losing their initial investment.

The promotion works seamlessly for this high-stakes college basketball matchup. If you place a $500 wager on Iowa to cover the spread and they fall short, BetMGM returns five $100 bonus bets totaling your original stake. Conversely, if you place a $300 bet on Illinois' moneyline and they win, you keep your winnings plus the original wager amount. The bonus structure splits larger wagers into multiple bonus bets, with amounts over $50 divided into five equal portions.

Key terms include a minimum $10 deposit requirement and seven-day expiration on bonus bets. The offer applies to any betting market for Iowa vs. Illinois, whether you prefer point spreads, totals, or player props. Bonus bets cannot be withdrawn directly but must be used on additional wagers, with any winnings from bonus bet usage available for immediate withdrawal.

What our experts say about Iowa-Illinois

1st Half u64.5 (-115): The Iowa Hawkeyes are the fifth-slowest team in the country. The Illinois Fighting Illini rank in the bottom quarter. No wonder this game’s total is 138.5. Taking the 1H Under protects you against second-half chaos inherent to a tournament setting.

Get our expert Iowa vs. Illinois predictions, and all of our NCAA Tournament picks for this exciting weekend.


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)
COVERSBONUS MI, NJ, PA, WV

Best BetMGM NCAA Boosts

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  • Get an odds boost for any CBB bet

Live BetMGM odds for Iowa vs Illinois

These odds update every 5 minutes.



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How to Claim Your Iowa vs. Illinois Betting Bonus

Follow these steps to secure your BetMGM welcome offer for Saturday's pivotal matchup:

  1. Register a new BetMGM account using BetMGM bonus code COVERS during the sign-up process
  2. Complete identity verification by providing required documentation
  3. Make your initial deposit of at least $10 to activate the promotion
  4. Place your first real money wager on any Iowa vs. Illinois betting market
  5. Receive bonus bets equal to your stake if the wager loses, up to $1,500

This straightforward process ensures you're ready to bet on whether Iowa can continue their historic tournament run or if Illinois advances to their first championship weekend since 2005. Read our comprehensive BetMGM bonus review for additional insights on maximizing your betting experience.


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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.

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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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