BetMGM Bonus Code COVERS: Claim up to $1.5K First Bet Bonus for Week 5 College Football Games

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

Use BetMGM bonus code COVERS for up to $1,500 in bonus bets on Week 5 college football action this Oct. 3.

Photo By - Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses.

Week 5 college football on Saturday, Oct. 3 offers an incredible slate of matchups, and you can maximize your betting experience with a BetMGM bonus code. New users can claim up to $1,500 in bonus bets when they sign up with code COVERS.

Whether you're eyeing Ohio State at Iowa, Miami at Clemson, or any of the day's marquee matchups, BetMGM's welcome offer gives you extra funds to explore sportsbook promos and place your first wager. The offer is available now through Sept. 1, 2026, at 11:59 p.m. ET, and it applies to both the $1,500 First Bet offer and the $150 bonus bets offer for select states.

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

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
Minimum Deposit $10
Qualifying Bet $1 to $1,500 (AZ, CO, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA, WY) or $10 (MI, NJ, PA, WV)
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM 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. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified October 3
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code Works for Week 5 College Football

The BetMGM bonus code COVERS unlocks two distinct welcome offers depending on your location. In most states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, North Carolina, Ohio, Tennessee, Virginia, and Wyoming, new users receive up to $1,500 in bonus bets if their first wager loses. In Michigan, New Jersey, Pennsylvania, and West Virginia, the offer provides $150 in bonus bets when you place a qualifying $10 bet, regardless of the outcome.

Here's how it works in practice: If you deposit $10 and place a $1,500 first bet on Ohio State at Iowa and that bet loses, you'll receive your entire stake back as bonus bets. If you wagered more than $50, you'll get five bonus bets worth 20 percent of your qualifying wager each. For example, a $1,500 losing wager generates five $300 bonus bets. These bonus bets expire after seven days, so use them quickly on additional Week 5 matchups like Miami at Clemson or Washington at USC.

  • Minimum $10 deposit required to activate the welcome offer
  • Bonus bets issued if your first bet loses (up to $1,500 in most states)
  • Bonus bets expire seven days from issuance
  • Only winnings from bonus bets are returned, not the bonus itself
  • Code COVERS must be entered during registration

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

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How to Claim Your BetMGM Bonus Code Welcome Offer

Claiming your bonus bets for Week 5 college football is straightforward. Follow these steps to register and place your first qualifying bet on any of Saturday's games.

  1. Download the BetMGM app or visit the website and click to register.
  2. Enter your personal information including name, address, email, and phone number.
  3. Provide your driver's license to verify your identity.
  4. Enter the BetMGM bonus code COVERS during registration to unlock the offer.
  5. Select your preferred deposit method such as credit card or PayPal.
  6. Make a minimum $10 deposit to qualify for the welcome bonus.
  7. Place your first qualifying wager on any Week 5 college football game.
  8. If your bet loses, you'll receive bonus bets back up to your wagered amount.
  9. Use your bonus bets on additional games before they expire in seven days.

For more details about BetMGM's welcome offer and how it compares to other sportsbook promos, read our BetMGM bonus review.


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.

BetMGM responsible gambling features

BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


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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Luc LeBlanc
Content Editor

Luc LeBlanc has worked in sports media for nearly half a decade, blending his analytical approach, knack for pattern recognition, and a unique, transparent writing style to present readers with the best and most accurate information.

Safe and responsible sports betting never comes from blindly following picks or projections, but rather from better informing oneself through digesting trusted, transparent, and reliable information.

He holds a Geography degree (BSc) from Saint Mary's University. His love for maps and his science-oriented thought processes have seamlessly translated to how he approaches his work today.

Whether it's the NHL, ATP/WTA Tours, MLB, or NFL, he can always be trusted to deliver valuable information in an accessible manner and will never push a narrative without good reason.

Prior to joining Covers, his work could be found across numerous publications, such as The Hockey Writers, FanSided, and Oddspedia. 

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