New users can claim a $1,500 First Bet with the BetMGM bonus code COVERS when betting on Ohio State vs. Iowa this Saturday, Oct. 3. The code is required to activate this welcome offer. You can also take advantage of sportsbook promos that provide additional value. New users in select states including Ohio, Iowa, and others can use this BetMGM bonus code to back their first wager on the matchup.
Users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia have access to an alternative offer: Bet $10, Get $150 in bonus bets.
COVERS
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 (AZ, CO, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA, WY) or $10 (MI, NJ, PA, WV) |
| 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 3 |
| Info Confirmed By | Michael Hoad |
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How the $1,500 First Bet Works for Ohio State vs. Iowa
The BetMGM bonus code COVERS unlocks a $1,500 First Bet for new users in most states where BetMGM operates. To qualify, you must make a $10 minimum deposit and place a real money wager on any sport or market. When you place your first bet on the Ohio State vs. Iowa game, if that bet loses, you'll receive your entire stake back in bonus bets, up to $1,500.
- Bonus bets expire after seven days from issuance
- If you wager more than $50, you receive five bonus bets worth 20% of your qualifying wager each
- If you wager less than $50, you receive one bonus bet
- For example, if you wagered $1,500 on Ohio State vs. Iowa and lost, you would receive five $300 bonus bets
- Winning bets are immediately withdrawable; bonus bets must be wagered before any payout is available
- Only winnings from bonus bets are returned, not the bonus itself
- Offer expires Sept. 1, 2026, at 11:59 p.m. ET
Users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can alternatively use the COVERS code to receive $150 in bonus bets when they make a $10 deposit and qualifying wager, regardless of whether that initial bet wins or loses. The $150 bonus is issued as three $50 bonus bets that expire seven days from issuance.
Bet $10 on one of our Ohio State vs Iowa picks to get $150 on BetMGM
Rob Paul offers two expert plays on the Ohio State vs. Iowa picks at BetMGM, where new users can bet $10 and get $150 in bonus bets if it wins.
- Rob Paul likes Ohio State -13.5 at -13.5 -125, reasoning that despite the road spread and College GameDay atmosphere at Kinnick, the Buckeyes match up favorably against Iowa, whose defense ranks just 66th in EPA per pass against an Ohio State offense led by Julian Sayin and Jeremiah Smith that ranks No. 4 in that same category, and Iowa's inability to run the ball compounds the mismatch; a winning $10 bet at -125 returns a profit of $8, while a loss triggers the BetMGM welcome offer of $150 in bonus bets.
- Rob Paul also backs the Over 45.5 at o45.5 -110, noting that Ohio State ranks No. 7 in offensive success rate and No. 13 in points per opportunity while Iowa's pass defense has been uncharacteristically shaky, with Jeremiah Smith leading the nation in receiving yards and poised for a big game; a winning $10 bet at -110 returns a profit of $9.09, while a loss triggers the BetMGM welcome offer of $150 in bonus bets.
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 |
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How to Claim Your BetMGM Bonus Code Offer
Follow these steps to register and place your qualifying bet on Ohio State vs. Iowa:
- Download the BetMGM app or visit the website and click to register with BetMGM Sportsbook
- Enter your personal information including name, address, email address, and phone number
- Provide your driver's license to verify your identity
- Enter the BetMGM promo code COVERS during registration to activate your welcome offer
- Choose your preferred deposit option, including credit cards or PayPal, and deposit at least $10
- Place your qualifying wager on the Ohio State vs. Iowa game on Saturday, Oct. 3
- If your bet loses, you'll receive bonus bets back; if it wins, your winnings are immediately withdrawable
For more details about this offer and BetMGM's full sportsbook experience, read the BetMGM bonus review.
More BetMGM Sportsbook promos, bonuses, and offers
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