BetMGM Bonus Code COVERS Gives Up To A $1,500 Bonus Back If Your Bet Loses

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Sep 18, 2026 , 10:35 AM ET • 3 min read

Get up to $1,500 with BetMGM bonus code COVERS for Week 3 CFB. Bet on LSU vs. Ole Miss, Florida State vs. Alabama, and more.

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.

New users can claim a BetMGM bonus code offer worth up to $1,500 for Week 3 college football on Sept. 18. The sportsbook promos available through BetMGM include two distinct welcome offers depending on your state. Use code COVERS to unlock your welcome bonus and place your first wager on any of this week's marquee matchups.

BetMGM Logo
$1,500 First Bets
COVERS
BetMGM Logo
Bet $10, Get $150 in MI, NJ, PA, WV
COVERSBONUS

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 September 18
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code COVERS Works

The BetMGM bonus code COVERS unlocks different welcome offers based on your location. In most states including Arizona, Colorado, Illinois, Indiana, Kansas, Kentucky, Maryland, North Carolina, Ohio, Tennessee, Virginia, and Wyoming, new users receive up to $1,500 in bonus bets if their first wager loses. If you deposit $10 and place a $1,500 qualifying bet on the LSU at Ole Miss game or any other Week 3 matchup that loses, you'll receive your entire stake back as bonus bets, distributed as five $300 bonus credits. These bonus bets expire after seven days, so use them quickly on additional Week 3 games.

  • Minimum $10 deposit required to activate the welcome bonus
  • Bonus bets issued if your first bet loses, up to $1,500
  • Bonus bets expire seven days from issuance
  • Winning first bets are immediately withdrawable
  • Offer available through Sept. 1, 2026, at 11:59 p.m. ET

In Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, the offer differs slightly. New users who deposit $10 and place a $10 qualifying wager receive $150 in bonus bets regardless of whether that initial bet wins or loses. The $150 bonus is distributed as three $50 bonus bets, each expiring seven days after issuance. Whether you're betting on Houston versus Texas Tech on Friday or Saturday's slate of SEC matchups, this offer provides immediate bonus value.


Take Advantage of the BetMGM NCAAF Promo Code

Here's a look at today's NCAAF schedule, odds, and spreads:

  • Miami (FL) (-20.5) at Wake Forest (+20.5) | O/U 55.0
  • Florida State (+19.5) at Alabama (-19.5) | O/U 49.5
  • LSU (-2.5) at Mississippi (+2.5) | O/U 58.5
  • North Carolina (+3.5) at Clemson (-3.5) | O/U 44.5
  • Virginia Tech (-2.5) at Maryland (+2.5) | O/U 53.5

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

Claiming Your Welcome Offer for Week 3 College Football

Follow these steps to sign up with BetMGM and claim your welcome bonus for Week 3 college football:

  1. Download the BetMGM app or visit the BetMGM website
  2. Click the registration button and enter your personal information, including name, address, email, and phone number
  3. Provide your driver's license to verify your identity
  4. Enter the BetMGM bonus code COVERS during registration to activate your welcome offer
  5. Make your initial deposit of at least $10 using your preferred payment method
  6. Place your qualifying wager on any Week 3 college football game, such as LSU at Ole Miss or Florida State at Alabama
  7. If your bet loses, you'll receive bonus bets back up to $1,500 (or $150 in select states)
  8. Use your bonus bets on additional Week 3 matchups before the seven-day expiration

For more details about BetMGM's welcome offer and sportsbook features, read the full BetMGM bonus review.


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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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