BetMGM Bonus Code COVERS1550: Claim up to $1,500 Bonus Bets for Ohio State vs. Indiana + $50 Reward

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 17, 2026 , 09:00 AM ET • 3 min read

Use the BetMGM bonus code COVERS1550 or COVERS for Ohio State vs. Indiana. Claim a $1,500 First Bet or Bet $10, Get $150 in bonus bets.

Photo By - Use BetMGM bonus code COVERS1550 to get up to $1,500 bonus bets back if your first bet loses + $50 Bonus Bets!.

New users can claim the BetMGM bonus code offer this week, and a code is required. Use code COVERS1550 for a $1,500 First Bet plus $50 in bonus bets, or code COVERSBONUS for Bet $10, Get $150 in bonus bets in select states.

Both are among the top sportsbook promos available as of Oct. 17, and both can be used on Ohio State vs. Indiana.

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$1,500 First Bet + $50
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 Ocotber 17
Info Confirmed By Michael Hoad

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BetMGM Bonus Code Offers for Ohio State vs. Indiana

The BetMGM bonus code COVERS1550 is required to claim the $1,500 First Bet offer, which is available to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. Make a $10 initial deposit and place a real money wager on Ohio State vs. Indiana to activate the welcome bonus. The BetMGM bonus code COVERSBONUS is required for the second offer, which is available to new users in MI, NJ, PA and WV.

If your first bet on Ohio State vs. Indiana loses under the $1,500 First Bet offer, you receive your entire stake back, up to $1,500, in bonus bets. Wager more than $50 and BetMGM awards five bonus bets, each worth 20% of your qualifying wager. Wager less than $50 and you receive one bonus bet. For example, a $1,500 wager on Ohio State vs. Indiana that loses returns five $300 bonus bets. Any new user who places the qualifying wager also receives an additional $50 in bonus bets.

Under the Bet $10, Get $150 offer, your qualifying $10 wager on Ohio State vs. Indiana must win to trigger the bonus. A win returns your winnings plus $150 in bonus bets, issued as three $50 bonus bets.

  • A minimum $10 deposit and a real money wager are required for both offers.
  • Bonus bets from both offers expire seven days after they are issued.
  • The $1,500 First Bet offer must be claimed by 11:59 p.m. ET on Oct. 18, 2026.
  • Winnings from a qualifying wager can be withdrawn right away, but bonus bets must be used before any payout is available.
  • Bonus bet stakes are not returned with winnings, and users on self-exclusion lists cannot use BetMGM.

Bet $10 on our Ohio State Buckeyes vs. Indiana Hoosiers picks and get up to $1,500 back in bonus bets on BetMGM

BetMGM's first-bet offer gives bettors up to $1,500 back in bonus bets, making it an ideal book for these Ohio State Buckeyes vs. Indiana Hoosiers picks from Geoff Clark and Brad Powers.

  • Geoff Clark likes Indiana +3.5 at +100, noting the Hoosiers have superior standard-down and trench metrics, can limit Ohio State to one dimension, and that Curt Cignetti has consistently delivered against Top-10 opponents; a winning $10 qualifying bet at +100 returns $10 in profit, while a loss earns up to $1,500 back in bonus bets from BetMGM.
  • Geoff Clark also backs the over 49.5 at -110, citing elite passer efficiency from both quarterbacks, top perimeter weapons on each side, and explosive-play rates in the 90th percentile or better for both offenses; a winning $10 qualifying bet at -110 returns approximately $9.09 in profit, while a loss earns up to $1,500 back in bonus bets from BetMGM.

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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 $150 Bonus Bets

    Follow these steps to claim your welcome offer and bet on Ohio State vs. Indiana.

    1. Download the BetMGM app or visit the BetMGM Sportsbook sign-up page.
    2. Enter your personal information, including name, address, email and phone number.
    3. Enter bonus code COVERS1550 for the $1,500 First Bet offer, or COVERS for the Bet $10, Get $150 offer.
    4. Deposit at least $10 using a credit card, PayPal or another banking option.
    5. Place your qualifying wager on Ohio State vs. Indiana.
    6. Collect your bonus bets and use them within seven days.

    Read our 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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    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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