BetMGM Bonus Code COVERS: Claim up to $1,500 in Bonus Bets for College Football Bowl Season

Use BetMGM bonus code COVERS for a $1,500 First Bet on NCAA Bowl Games. Get bonus bets back if your first wager loses on college football action.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Dec 12, 2025 • 19:05 ET • 3 min read
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

College football's bowl season kicks off Saturday, December 14, with exciting matchups including Boise State vs. Washington in the LA Bowl. New users can claim a BetMGM bonus code offer using code COVERS to secure up to $1,500 in bonus bets if their first wager loses.

This Friday, December 12, marks the ideal time to explore sportsbook promos before the bowl games commence.

BetMGM Logo
$1,500 First Bet
COVERS

BetMGM Bonus Code Details for NCAA Bowl Games

The BetMGM bonus code COVERS provides new users with protection on their first wager up to $1,500. After registering and making a minimum $10 deposit, bettors can place their first real money wager on any NCAA bowl game market. If that initial bet loses, BetMGM returns the entire stake as bonus bets.

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 All bonus bets expire after seven days and cannot be withdrawn directly.


Check if you can use our BetMGM bonus code in your state

BetMGM Bonus Code Eligible States
 COVERS1500 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 BetMGM Bowl Games Offer

Claiming this welcome offer requires following a simple registration process before the bowl games begin:

  1. Click the registration link and enter BetMGM bonus code COVERS during account creation
  2. Complete identity verification with your driver's license and personal information
  3. Make a minimum $10 deposit using any accepted payment method
  4. Place your first real money wager on any NCAA bowl game or playoff matchup

Winning first bets can be withdrawn immediately, while losing bets trigger the bonus bet protection. Each bonus bet must be used within seven days to unlock potential winnings. Read our comprehensive BetMGM bonus review for additional terms and conditions.


More sportsbook promos, bonuses, and offers from BetMGM

  • 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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Luc LeBlanc
Content Editor

Luc has been keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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