The NFL Divisional Round arrives this weekend with four thrilling matchups that will determine which teams advance to the conference championships. New BetMGM users can capitalize on these high-stakes games by claiming a BetMGM bonus code offer worth up to $1,500 in bonus bets if their first wager loses. This promotion requires the bonus code COVERS and provides an excellent opportunity to bet on Saturday's Bills vs. Broncos and 49ers vs. Seahawks games, or Sunday's Texans vs. Patriots and Rams vs. Bears matchups.
With top sportsbook promos available for Friday, January 16, bettors can maximize their playoff betting experience.
COVERS
BetMGM bonus code COVERS delivers $1,500 First Bet protection
The BetMGM bonus code unlocks a generous welcome offer that returns your stake as bonus bets if your first wager loses, up to $1,500. New users must make a minimum $10 deposit and place their first real money bet on any sports market to activate this promotion. If your initial wager on the NFL Divisional Round games wins, you keep your winnings and can withdraw them immediately.
When your first bet loses, BetMGM structures the bonus bet return based on your wager amount. Bets of $50 or less receive one bonus bet equal to your stake, while wagers exceeding $50 are divided into five separate bonus bets, each worth 20% of your original wager. For example, a losing $1,000 bet on the Bills vs. Broncos game would result in five $200 bonus bets totaling $1,000.
All bonus bets expire seven days after issuance and cannot be withdrawn as cash. When using bonus bets, only the winnings are credited to your account, not the bonus bet stake itself.
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, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR) |
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How to claim your BetMGM Divisional Round offer
Claiming this BetMGM welcome promotion takes just a few simple steps to get you ready for this weekend's playoff action:
- Click the registration link and create your new BetMGM account using bonus code COVERS
- Complete identity verification by providing your driver's license information
- Make your first deposit of at least $10 using any accepted payment method
- Place your first real money wager on any NFL Divisional Round game or other sports market
- Receive bonus bets equal to your stake if your first wager loses, up to $1,500
This offer is available to new customers in eligible states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming, plus Washington D.C. and Puerto Rico.
Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and betting options.
More sportsbook promos, bonuses, and offers from BetMGM
- Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
- Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.
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