BetMGM Bonus Code 'COVERS': Make A $1.5K First Bet On The Liberty Bowl For Bonus Bets Back If It Loses

Use BetMGM bonus code COVERS for $1,500 First Bet on Navy vs Cincinnati Liberty Bowl. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 2, 2026 • 13:05 ET • 3 min read
Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The Liberty Bowl presents an intriguing matchup as Navy faces Cincinnati on Friday, January 2, with the Midshipmen riding a wave of service academy success in bowl games. New users can capitalize on this exciting contest with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion joins other competitive sportsbook promos available for Friday's bowl action in Memphis.

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BetMGM bonus code COVERS delivers $1,500 First Bet for the Liberty Bowl

The BetMGM bonus code COVERS unlocks a substantial welcome offer for new users looking to wager on the Navy vs Cincinnati Liberty Bowl matchup. After registering and making a minimum $10 deposit, your first real money wager receives protection up to $1,500 in bonus bets if it loses. This promotion applies to any betting market, making it perfect for backing Navy's potent rushing attack led by Blake Horvath or taking a chance on Cincinnati's depleted roster.

The bonus bet structure varies based on your initial wager amount. Bets under $50 receive one bonus bet equal to your stake, while wagers of $50 or more are divided into five separate bonus bets, each worth 20% of your original wager. For example, a losing $1,000 bet on Navy to cover the spread would return five $200 bonus bets. All bonus bets expire seven days after issuance and cannot be withdrawn directly.

Consider the contrasting situations entering this Liberty Bowl clash. Navy brings a healthy roster and momentum from consecutive 10-win seasons, while Cincinnati faces significant roster depletion with key players like quarterback Brendan Sorsby and running back Tawee Walker opting out. This creates compelling betting angles for your protected first wager.


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)

BetMGM odds for Navy vs Cincinnati


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How to claim your BetMGM welcome offer for Friday's bowl game

Claiming your BetMGM welcome bonus for the Liberty Bowl requires just a few simple steps. Begin by clicking the registration link and using the bonus code COVERS during account creation. Complete the verification process with your personal information and driver's license details.

  1. Register a new BetMGM account using bonus code COVERS
  2. Make a minimum $10 deposit to activate your account
  3. Place your first real money wager on Navy vs Cincinnati or any available market
  4. Receive bonus bets equal to your stake (up to $1,500) if your first bet loses
  5. Use bonus bets within seven days of issuance

Your first wager can target any aspect of Friday's Liberty Bowl, from the point spread to player props involving Navy's rushing dominance or Cincinnati's quarterback situation. Remember that winning your first bet allows immediate withdrawal of winnings, while bonus bets must be wagered before accessing potential payouts. Read our comprehensive BetMGM bonus review for additional details about this operator's features and betting options.


More BetMGM Sportsbook promos, bonuses, and offers from

  • 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.

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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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