BetMGM Bonus Code COVERS: Claim $1,500 First Bet Bonus for NFL Divisional Round Games

Use BetMGM bonus code COVERS for a $1,500 First Bet on NFL Divisional Round games. Get bonus bets back if your first wager loses this weekend.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 16, 2026 • 20:15 ET • 3 min read
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The NFL Divisional Round arrives this weekend with four exciting matchups that will determine which teams advance to the conference championships. New bettors can capitalize on these high-stakes games with the BetMGM bonus code COVERS, which unlocks a $1,500 First Bet offer for wagering on Saturday's Bills vs. Broncos and 49ers vs. Seahawks games, plus Sunday's Texans vs. Patriots and Rams vs. Bears contests.

This generous welcome offer stands out among sportsbook promos available for Friday, January 16.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 First Bet protection

The BetMGM bonus code provides new users with substantial protection on their initial wager. After registering and making a minimum $10 deposit, bettors can place their first real money wager on any NFL Divisional Round market. If that first bet loses, BetMGM returns the entire stake up to $1,500 in bonus bets, giving newcomers a significant safety net for these crucial playoff games.

The bonus bet structure varies based on wager size. Bets of $50 or more receive five separate bonus bets, each worth 20% of the original stake, while smaller wagers receive one bonus bet equal to the lost amount. For example, a losing $1,000 bet on the Bills to cover the spread against Denver would result in five $200 bonus bets.

All bonus bets expire after seven days and cannot be withdrawn directly.


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 welcome offer for NFL Divisional Round

Claiming this offer requires just a few simple steps to start betting on this weekend's playoff action.

  1. First, register for a new BetMGM account using bonus code COVERS and provide the required verification documents.
  2. Next, make an initial deposit of at least $10 to activate your account.
  3. Finally, place your first real money wager on any NFL Divisional Round market, knowing that losses up to $1,500 will be refunded in bonus bets.

Read our comprehensive BetMGM bonus review for additional details about terms, conditions and betting options available for these pivotal playoff matchups.


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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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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