BetMGM Bonus Code COVERS: Unlock $1500 Thanksgiving Bonus for Navy vs. Memphis

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

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Nov 27, 2025 • 16:15 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

Navy faces Memphis on Thursday, November 27, in a crucial American Conference matchup that could determine the Midshipmen's path to the conference title game. New users can capitalize on this exciting contest with the BetMGM bonus code COVERS to unlock a $1,500 First Bet offer.

This promotion joins other competitive sportsbook promos available for Thursday's action.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 First Bet protection

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

The bonus bet structure varies based on wager size. Bets over $50 receive five separate bonus bets, each worth 20% of the original stake. For example, a losing $1,000 wager on Navy to cover the spread would generate five $200 bonus bets. Smaller wagers under $50 receive one bonus bet equal to the original stake amount.

All bonus bets expire seven days after issuance and cannot be withdrawn directly.


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

BetMGM odds for Navy vs Memphis


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How to claim your Navy vs. Memphis betting offer

Claiming this welcome offer requires just a few simple steps before Thursday's kickoff.

  1. First, register for a new BetMGM account using bonus code COVERS during the sign-up process.
  2. Next, make an initial deposit of at least $10 using one of our accepted payment methods.
  3. Finally, place your first real money wager on Navy vs. Memphis or another available market to activate the protection.

Whether backing Blake Horvath and Navy's triple-option attack or supporting Memphis quarterback Brendon Lewis, this offer provides valuable protection for new bettors. The generous $1,500 limit exceeds most competitor welcome offers in the market.

Read our comprehensive BetMGM bonus review for additional details about this sportsbook'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!
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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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