BetMGM Bonus Code COVERS: Get up to $1.5K Bonus Bets for College Football Week 8, World Series, NBA Games

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 23, 2026 , 09:24 AM ET • 3 min read

Use the BetMGM bonus code COVERS for a $1,500 First Bet or COVERS for Bet $10, Get $150 on Week 8 college football, NBA and World Series action.

Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses!
Photo By - Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses!

Use the BetMGM bonus code COVERS to claim a $1,500 First Bet, or use code COVERSBONUS for a Bet $10, Get $150 in bonus bets. A code is required for both offers, which are available to new users as of Friday, Oct. 23. 

Check out these sportsbook promos at sportsbook promos and apply either offer to Friday's World Series Game 1, NBA games or Week 8 college football.

BetMGM Logo
$1,500 First Bet
COVERS

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
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 23
Info Confirmed By Michael Hoad

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BetMGM Bonus Code Offers for Friday's Sports Slate

The BetMGM bonus code unlocks the $1,500 First Bet offer for new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. A code is required, and you must make a $10 initial deposit and place a real money wager to activate the welcome bonus. Both offers can be used on World Series Game 1 between Tampa Bay and Milwaukee, among other Friday events.

Here are the key terms for the $1,500 First Bet offer with code COVERS:

  • If your first bet loses, you receive your entire stake back, up to $1,500, in bonus bets.
  • Wagers of more than $50 return five bonus bets, each worth 20% of the qualifying wager. Wagers of less than $50 return one bonus bet.
  • Bonus bets expire seven days after they are issued.
  • Winning bets are withdrawable right away, while bonus bets must be used before any payout is available.

For example, if you wager $1,500 on World Series Game 1 and the bet loses, you would receive five $300 bonus bets, adding up to $1,500. If that bet wins, you collect your winnings as normal and still get the $50 in bonus bets.

The Bet $10, Get $150 offer with code COVERSBONUS is for new users in CO, MI, NJ, PA and WV. A $10 deposit and a $10 minimum wager are required, and you receive $150 in bonus bets if your first bet wins. The bonus arrives as three $50 bonus bets that expire seven days after issuance. For example, if your $10 bet on the Knicks-Celtics game wins, you receive your winnings plus $150 in bonus bets, but if it loses, the bonus is not awarded.

Bonus bets do not return your stake when used. Anyone on a self-exclusion list cannot use BetMGM.

Claim your BetMGM welcome offer and browse expert NCAAF picks

BetMGM's $1,500 First Bet offer gives new users a strong cushion to back expert NCAAF picks from analysts including Geoff Clark, Rob Paul, and Colby Marchio.

  • Geoff Clark recommends Oregon -9.5 against Illinois, noting the Ducks' defense has carried the load since Moore went down while Illinois ranks near the bottom of the Big Ten in scoring defense and just surrendered 31 regulation points to Michigan State; a winning $1,500 qualifying wager at -9.5 (roughly -105 standard) would return approximately $1,429 in profit, while a loss would return up to $1,500 in bonus bets under the BetMGM welcome offer.
  • Rob Paul likes Toledo -2.5 at home against Western Michigan, pointing to the Rockets' 46th-ranked offensive success rate and 16th-ranked defensive success rate as evidence that WMU's run-first approach will not be enough to keep pace; a winning $1,500 qualifying wager at -2.5 (roughly -110 standard) would return approximately $1,364 in profit, while a loss would return up to $1,500 in bonus bets from BetMGM.
  • Colby Marchio backs UCLA -14.5 against Michigan State, citing the Bruins' average margin of 26 points against teams with losing records and their 51-point rout of Maryland on Sept. 26 as evidence of blowout potential; a winning $1,500 qualifying wager at -14.5 (roughly -110 standard) would return approximately $1,364 in profit, while a loss would return up to $1,500 in bonus bets through BetMGM.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS. 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
    COVERS 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 BetMGM Offers

    Follow these steps to claim either BetMGM welcome offer and place your first qualifying bet.

    1. Download the BetMGM app and register with your personal information.
    2. Enter bonus code COVERS or COVERSBONUS, depending on your state, during sign-up.
    3. Deposit at least $10 using your preferred payment method.
    4. Place your first qualifying wager on World Series Game 1, NBA or college football.
    5. Collect your bonus bets as outlined in the offer terms.

    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.


    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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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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