The BetMGM bonus code COVERS50 delivers exceptional value for Monday's UConn vs Michigan national championship game. New users can claim up to $1,500 back on their first bet plus $50 BetMGM Rewards Points, while bettors in select states can secure $150 in bonus bets when their $10 wager wins. These sportsbook promos provide the perfect opportunity to wager on this historic matchup as Alex Karaban chases his third national title. The $1,500 welcome offer remains available through April 30.
COVERS50
COVERS50
BetMGM Bonus Code Offers Double Value for Championship Monday
The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. In most states where BetMGM operates, new users receive their first bet back up to $1,500 in bonus bets if it loses, plus $50 BetMGM Rewards Points regardless of the outcome. Meanwhile, bettors in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia can claim $150 in bonus bets when their qualifying $10 wager wins, along with the same $50 BetMGM Rewards Points.
Both offers require the promo code COVERS50 during registration and a minimum $10 deposit. The $1,500 first bet protection means you could wager on UConn as heavy underdogs against Michigan and receive substantial bonus bets back if the Huskies fall short of their championship dreams. Conversely, if you back the favored Wolverines and they complete their dominant tournament run, you keep your winnings plus receive bonus bets in eligible states.
BetMGM Rewards Points provide additional value beyond the betting bonuses. These points can be redeemed for:
- Bonus credits for digital play at BetMGM
- MGM Rewards Points for hotel stays and dining
- Marriott Bonvoy Points for travel rewards
- Merchandise from the BetMGM rewards catalog
- Gametime vouchers for live events
Bonus bets expire seven days after issuance and cannot be withdrawn directly. The stake is not returned when using bonus bets, but any winnings become immediately withdrawable. Both championship game offers expire at 11:59 p.m. ET on April 30, 2026.
Check if you can use our BetMGM bonus code in your state
| BetMGM Bonus Code | Eligible States |
| COVERS50 | 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 |
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UConn's Championship Quest Presents Compelling Betting Opportunities
Alex Karaban's pursuit of a third national championship creates fascinating betting angles for Monday's title game. The senior forward has already matched Bobby Hurley's NCAA Tournament win total and needs just one more victory to join the exclusive three-time champions club alongside Kareem Abdul-Jabbar and Bill Walton. UConn enters as heavy underdogs despite their 13-1 record in national semifinals and back-to-back championships in 2023 and 2024.
Michigan's path to the championship has been nothing short of dominant, with double-digit victories in all five tournament games. The Wolverines led Arizona by 30 points in their semifinal and have shown the physical, imposing style that coach Danny Hurley acknowledges UConn must navigate carefully. This contrast in tournament momentum and betting odds makes the championship game an ideal target for both BetMGM welcome offers.
The underdog narrative surrounding UConn provides value for bettors willing to back the experienced Huskies. A $1,500 wager on UConn's moneyline would generate substantial returns if successful, while the first bet protection ensures you receive bonus bets back if Michigan's dominance continues. Alternatively, supporting Michigan's championship bid in eligible states could yield both your original winnings and $150 in bonus bets to use on future games.
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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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.
