BetMGM Bonus Code 'COVERS': Make A $1,500 First Bet On Michigan State vs Purdue, Bonus Bets Back If It Loses

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Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Feb 26, 2026 • 15:05 ET • 3 min read

New users can claim a BetMGM bonus code offer worth up to $1,500 when betting on Thursday's clash between No. 13 Michigan State and No. 8 Purdue. The COVERS promo code unlocks bonus bets back if your first wager loses on this Big Ten showdown. Both teams enter at 22-5 overall and 12-4 in conference play, making this Feb. 26 matchup a perfect opportunity to explore sportsbook promos.

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$1,500 First Bets
COVERS

BetMGM Bonus Code Delivers $1,500 First Bet Protection

The BetMGM bonus code COVERS provides new customers with first bet protection up to $1,500 on any sports market. This welcome offer requires the promotional code during registration and a minimum $10 deposit to activate. If your initial wager on Michigan State vs Purdue loses, BetMGM returns your stake as bonus bets within 24 hours.

The bonus bet structure depends on your qualifying wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your original stake. For example, if you wager $1,000 on Michigan State to cover the spread and lose, you'll receive five $200 bonus bets totaling $1,000. Smaller qualifying bets under $50 receive one bonus bet equal to your stake amount.

Key terms include:

  • Bonus bets expire seven days after issuance
  • Minimum $10 deposit required
  • Available to new customers only
  • Bonus bets cannot be withdrawn, only wagered

Consider backing Purdue's home court advantage at Mackey Arena, where Michigan State has lost five straight games. Alternatively, Jeremy Fears' nation-leading 9.2 assists per game could help the Spartans break their road struggles against quality opponents.


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)

Bet on Michigan St vs Purdue at BetMGM

In his Michigan State vs. Purdue predictions, Jason Logan’s best bet is Jeremy Fears Jr. Under 15.5 points. Logan notes that Purdue’s methodical pace and efficient shooting can quickly neutralize Michigan State’s preferred style, forcing the Spartans to operate more in the halfcourt.

The Boilermakers take care of the basketball, limiting transition chances and easy buckets, which are areas where Fears thrives. By slowing the tempo and packing the interior, Matt Painter’s game plan is designed to keep Fears from attacking downhill and instead push Michigan State to the perimeter. With projections ranging from 13.6 to 14.5 points, and some books already moving the total to 14.5, Logan sees value in backing the Under on Fears’ scoring output.

BetMGM odds for Michigan St vs Purdue


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How to Claim Your Michigan State vs Purdue Betting Bonus

Follow these steps to secure your BetMGM welcome offer before Thursday's tip-off:

  1. Click the BetMGM registration link and enter bonus code COVERS
  2. Complete account verification with personal information and identification
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your qualifying bet on Michigan State vs Purdue or any available market
  5. Receive bonus bets within 24 hours if your first wager loses

This Big Ten battle features two of college basketball's premier point guards in Fears and Purdue's Braden Smith, who ranks second nationally with 8.7 assists per game. Read our comprehensive BetMGM bonus review for additional insights on this leading sportsbook.


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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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