The BetMGM bonus code COVERS1550 is required to unlock a $1,500 First Bet plus $50 in Bonus Bets for new users.
This offer, available as of Oct. 17, is one of the top sportsbook promos for the Florida vs. Texas game. Sign up, deposit $10 and place your first wager on this SEC matchup.
COVERS1550
BetMGM bonus code details
| BetMGM New Customer Offer | $1,500 First Bet Offer + $50 Bonus Bets |
| BetMGM Bonus Code | COVERS1550 |
| Minimum Deposit | $10 |
| Qualifying Bet | $1 to $1,500 |
| 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 17 |
| Info Confirmed By | Michael Hoad |
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BetMGM Bonus Code Offer for Florida vs. Texas
New users in eligible states can use the BetMGM bonus code to activate two welcome offers at once. The first is a $1,500 First Bet, which returns your stake in bonus bets if your first wager loses. The second is an additional $50 in Bonus Bets. A code is required, so be sure to enter COVERS1550 during registration.
The offer is available to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY.
Here is how the $1,500 First Bet works with the Florida vs. Texas game as your target. Say you wager $1,500 on this game and your bet loses. BetMGM would return your full stake as five bonus bets worth $300 each, totaling $1,500. If your bet wins, you collect your winnings in cash, and your winning wager is immediately withdrawable.
Keep these terms and conditions in mind before you place your first bet:
- You must make a $10 initial deposit and place a real money wager to activate your welcome bonus.
- If your first bet loses, you receive your stake back, up to $1,500, in bonus bets.
- Wagers of more than $50 return five bonus bets, each worth 20% of your qualifying wager. Wagers of less than $50 return one bonus bet.
- Bonus bets expire after seven days.
- Bonus bets must be wagered before any payout is available, and only winnings from the wager are returned, not the bonus itself.
- You must claim the offer by Oct. 18, 2026, at 11:59 p.m. ET.
- Users on any self-exclusion list for gambling cannot use BetMGM.
You also receive the additional $50 in Bonus Bets once you complete the steps to activate your welcome bonus. Use it on any sport or market that suits you.
Bet $10 on one of our Florida Gators at Texas Longhorns picks and get $1,500 back in bonus bets if it loses on BetMGM
BetMGM's first-bet offer gives bettors up to $1,500 in bonus bets to use on Florida Gators vs. Texas Longhorns picks, with expert Chris Hatfield and Colby Marchio targeting the total, spread, and moneyline in this matchup.
- Chris Hatfield recommends the Under 51.5 in the Florida Gators at Texas Longhorns game, citing Texas's defense ranking fifth in early-down EPA allowed and sixth in defensive EPA per drive, which should stall Florida's drives and limit scoring, while Texas's methodical offense ranking 70th in available yards gained will bleed the clock rather than produce quick scores; a $10 qualifying bet on this pick would profit roughly $9.09 if it wins at -110 odds, and if it loses, BetMGM returns up to $1,500 in bonus bets.
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What is the BetMGM Bonus Code?
The BetMGM promo code is COVERS1550. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.
Check if you can use our BetMGM bonus code in your state:
| BetMGM Bonus Code | Eligible States |
| COVERS1550 | 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 |
How to Claim the $1,500 First Bet and $50 Bonus
Follow these steps to claim both offers and place your first wager on this game.
- Download the BetMGM app and review the banking options.
- Click to register with BetMGM Sportsbook and enter your name, address, email address and phone number.
- Enter the BetMGM bonus code COVERS1550 during sign-up, or the offer will not apply to your account.
- Deposit at least $10 using a credit card, PayPal or another available option.
- Place your $1,500 First Bet on Florida vs. Texas to qualify.
- Collect your $50 in Bonus Bets.
Read the full BetMGM bonus review for more details.
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.
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