BetMGM Bonus Code COVERS: Get $1,500 Bonus Bets Back for Tennessee vs. Iowa State, NCAA Tournament Games

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 27, 2026 , 07:15 PM ET • 3 min read

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

The BetMGM bonus code COVERS unlocks a $1,500 First Bet for new users looking to wager on Friday's Tennessee vs. Iowa State matchup. This welcome offer provides bonus bets back if your first bet loses, making it an ideal opportunity to back either the Volunteers or Cyclones in this highly anticipated regional semifinal.

New bettors can explore various sportsbook promos available as of March 27.

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

BetMGM Bonus Code Details for Tennessee vs. Iowa State

The BetMGM bonus code COVERS provides new customers with substantial betting power for the Tennessee-Iowa State clash. This offer requires a minimum $10 deposit and allows you to place your first real money wager on any market related to this regional semifinal matchup. Whether you're backing Tennessee's rebounding dominance or Iowa State's resilience without Joshua Jefferson, this promotion covers your initial stake up to $1,500.

If your first bet on Tennessee vs. Iowa State loses, BetMGM returns your entire stake as bonus bets. For example, if you wager $100 on Tennessee to cover the spread and they fall short, you'll receive $100 in bonus bets to use on future games. Conversely, if you bet $1,000 on Iowa State to win outright and they succeed, you keep your winnings plus the original stake with no bonus bets issued.

Key terms for this offer include:

  • Bonus bets expire seven days after issuance
  • Wagers over $50 are split into five equal bonus bets (20% each)
  • Wagers under $50 result in one bonus bet
  • 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

What our experts say about Tennessee vs. Iowa State

Tamin Lipsey o2.5 Steals (+130): Lipsey recorded eight steals in the first two games of the NCAA Tournament and has three or more swipes in four of his last six games, going back to Big 12 play. He’s a pest in the passing lanes and always a threat to knock the ball away on double downs. The Volunteers finished third in the SEC in turnovers (11.7 per game), and 7.1 of those were off opponent steals.

Get our expert Tennessee vs. Iowa State predictions, among all of our NCAA Tournament picks this 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

BetMGM All Users

  • Get an odds boost for any CBB bet

Live BetMGM odds for Tennessee vs Iowa State

These odds update every 5 minutes.



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How to Claim Your $1,500 First Bet for Tennessee vs. Iowa State

Follow these steps to secure your welcome bonus and bet on this regional semifinal:

  1. Register a new BetMGM account using bonus code COVERS
  2. Make a minimum $10 deposit to activate your account
  3. Place your first real money wager on Tennessee vs. Iowa State
  4. If your bet loses, receive bonus bets equal to your stake (up to $1,500)
  5. Use bonus bets within seven days on additional college basketball markets

Read our comprehensive BetMGM bonus review for additional insights on this sportsbook's features and betting options.


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.

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 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.

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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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