BetMGM Bonus Code 'COVERS': Claim Up To $1.5K Bonus Bets Back On A College Basketball First Bet

Use BetMGM bonus code COVERS for a $1,500 First Bet on Purdue vs Nebraska on Tuesday. Get bonus bets back if your first wager loses on this Big Ten showdown.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Feb 10, 2026 • 15:05 ET • 3 min read

The BetMGM bonus code COVERS unlocks a $1,500 First Bet for Tuesday's ranked Big Ten clash between No. 13 Purdue and No. 7 Nebraska. New users can claim this welcome offer and place their first wager on this crucial conference matchup in Lincoln. The promotion is available through Feb. 10, making it perfect timing for one of the most anticipated games of the college basketball season. Explore more sportsbook promos to maximize your betting opportunities.

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$1,500 First Bets
COVERS

BetMGM Bonus Code Delivers $1,500 Protection for Purdue vs Nebraska

The BetMGM bonus code COVERS provides new customers with substantial protection on their first wager. This welcome offer returns your stake as bonus bets if your initial bet loses, up to a maximum of $1,500. The promotion requires a minimum $10 deposit and applies to any sports market, making the Purdue-Nebraska game an ideal target for your first bet.

Consider the betting scenarios for this Big Ten showdown. If you wager $500 on Nebraska to cover the spread and they fall short, BetMGM returns your $500 stake as bonus bets. Conversely, if the Cornhuskers cover and you win, you keep your original stake plus winnings with no restrictions. The same protection applies whether you back Purdue's road upset chances or bet the total points in this high-scoring affair.

Key terms include:

  • Bonus bets expire after seven days
  • Wagers over $50 receive five separate bonus bets worth 20% each
  • Wagers under $50 receive one bonus bet equal to the stake
  • Available in 21 states plus DC and Puerto Rico

Both teams rely heavily on perimeter shooting, with Nebraska taking nearly 51% of their shots from beyond the arc and Purdue's Fletcher Loyer hitting 40.6% from three-point range this season. This creates multiple betting angles, from player props on three-pointers made to team totals that could benefit from the bonus bet protection.


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)

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How to Claim Your Purdue vs Nebraska First Bet

Follow these steps to secure your welcome bonus for Tuesday's ranked matchup:

  1. Register a new BetMGM account using bonus code COVERS
  2. Make your initial deposit of at least $10
  3. Place your first real money wager on Purdue vs Nebraska or any available market
  4. Receive bonus bets equal to your stake if your first bet loses
  5. Use bonus bets within seven days of issuance

Read our comprehensive BetMGM bonus review for additional insights on this welcome offer and sportsbook features.


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.

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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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