BetMGM Bonus Code 'COVERS': Make A $1,500 First Bet On Louisville vs. Arkansas

Use BetMGM bonus code COVERS for $1500 First Bet on Louisville vs Arkansas on Wednesday. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Dec 3, 2025 • 16:05 ET • 3 min read
Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

No. 6 Louisville visits No. 25 Arkansas on Wednesday in a marquee ACC/SEC Challenge matchup that promises high-scoring action. New bettors can capitalize on this exciting clash by claiming the BetMGM bonus code COVERS offer, which provides up to $1,500 in bonus bets if your first wager loses. This Wednesday showdown between two top-25 teams represents an ideal opportunity to explore sportsbook promos while backing either the Cardinals or Razorbacks.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 First Bet protection

The BetMGM bonus code COVERS unlocks a generous welcome offer for new users across eligible states. After registering and making a minimum $10 deposit, place your first real money wager on any market, including the Louisville vs Arkansas game. If your initial bet loses, BetMGM will return your stake as up to $1,500 in bonus bets.

The bonus bet structure depends on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet equal to your loss. For example, a losing $1,000 bet on Louisville to cover the spread would yield five $200 bonus bets totaling $1,000. All bonus bets expire after seven days and cannot be withdrawn directly.

Key terms include:

  • Available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, DC, and PR
  • Minimum $10 deposit required
  • Bonus bets are valid for seven days
  • Original stake not returned with bonus bet winnings

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

BetMGM odds for Louisville vs Arkansas


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How to claim your BetMGM promo for Wednesday's game

Claiming this offer for the Louisville vs Arkansas matchup requires just a few simple steps. First, register for a new BetMGM account using bonus code COVERS during the sign-up process. Complete identity verification by providing your driver's license information, then make your initial deposit of at least $10.

Next, place your first real money wager on any available market, such as the point spread, moneyline, or player props for Wednesday's game. If your bet wins, withdraw your profits immediately. If it loses, BetMGM credits your account with bonus bets matching your stake up to $1,500 within 24 hours.

Remember that bonus bets must be used within seven days, and the original stake amount is not returned with any winnings from bonus bet wagers. Read our comprehensive BetMGM bonus review for additional details about this welcome offer and the sportsbook's features.


More BetMGM Sportsbook promos, bonuses, and offers from

  • Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
  • 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.

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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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