The BetMGM bonus code COVERS1550 is required to unlock a $1,500 First Bet plus $50 in Bonus Bets for new users.
As of Friday, Oct. 16, this is one of the top sportsbook promos available, and you can use it on Memphis vs. Tulane.
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 16 |
| Info Confirmed By | Michael Hoad |
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How the BetMGM Bonus Code Works for Memphis vs. Tulane
New users who register with the BetMGM bonus code COVERS1550 can make a $1,500 First Bet on Memphis vs. Tulane. A code is required, and the offer is available to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. You must make a $10 initial deposit and place a real money wager to activate the welcome bonus.
If your first bet loses, you will receive your entire stake back, up to $1,500, in bonus bets. For example, if you wager $1,500 on Memphis vs. Tulane and the bet loses, you would receive five $300 bonus bets, adding up to $1,500. If you wager more than $50, BetMGM awards five bonus bets, each worth 20% of your qualifying wager. If you wager less than $50, you receive one bonus bet.
If your first bet wins, your winnings are immediately withdrawable. The second part of the offer adds $50 in Bonus Bets to your account. Keep these terms in mind:
- The BetMGM bonus code COVERS1550 is required at registration. If you do not enter it, the offer is void on your account.
- A $10 minimum deposit is required to qualify.
- 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.
If you struggle with problem gaming, refer to the responsible gambling features at BetMGM for assistance.
Bet $1,500 on one of our Memphis Tigers vs Tulane Green Wave picks with BetMGM and get up to $1,500 back in bonus bets if it loses
BetMGM's first-bet offer gives bettors a safety net on Memphis Tigers vs. Tulane Green Wave picks, with up to $1,500 back in bonus bets if the qualifying wager loses.
- Chris Gregory recommends Memphis -6.5, citing the Tigers' dominant rushing attack, which ranks seventh nationally in yards per carry and yards per game, against a Tulane defense ranked 112th in opponent yards per carry and 129th in rushing yards allowed per game; a $1,500 qualifying wager on Memphis -6.5 at standard -110 odds would return approximately $1,364 in profit on a win, and if it loses, BetMGM returns up to $1,500 in bonus bets.
- Geoff Clark backs Tulane +6.5, playable down to +5.5, arguing that Memphis struggles to stop the run and limit explosive plays, giving the Green Wave multiple ways to stay within the number in this conference matchup; a $1,500 qualifying wager on Tulane +6.5 at standard -110 odds would return approximately $1,364 in profit on a win, 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 |
Claim Your $1,500 First Bet on Memphis vs. Tulane
Follow these steps to claim the $1,500 First Bet and $50 in Bonus Bets with the BetMGM bonus code.
- Download the BetMGM app and register as a new user.
- Enter your personal information, including your name, address, email address and phone number.
- Enter the BetMGM bonus code COVERS1550 during sign-up.
- Deposit at least $10 using your preferred payment method.
- Place your first bet on Memphis vs. Tulane.
- Collect your $50 in Bonus Bets after your first wager.
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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