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

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

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 17, 2026 • 08:15 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

Saturday's NFL Divisional Round features two marquee matchups that promise playoff excitement. New bettors can capitalize on these high-stakes games with the BetMGM bonus code COVERS, which unlocks a $1,500 First Bet offer. This welcome promotion allows you to wager on Saturday's action between the Bills and Broncos or the 49ers and Seahawks with added protection.

Among the top sportsbook promos available, this BetMGM offer provides substantial value for January 17's playoff games.

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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 up to $1,500 in bonus bets if their first wager loses. After registering and making a minimum $10 deposit, you can place your initial bet on any market, including Saturday's Divisional Round games. If the Bills upset the top-seeded Broncos or the 49ers defeat the Seahawks and your bet wins, you keep all winnings and can withdraw immediately.

However, if your first wager loses, BetMGM returns your stake as bonus bets up to $1,500. For wagers over $50, you receive five separate bonus bets worth 20% of your original stake each. For example, a losing $1,000 bet on the Bills-Broncos game would result in five $200 bonus bets. Wagers under $50 receive one bonus bet equal to the original stake amount.

Key terms include:

  • Bonus bets expire after seven days
  • Available to new users in eligible states including AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, DC, and PR
  • Minimum $10 deposit required
  • Bonus bet stakes are not returned with winnings

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 Saturday

Claiming this offer takes just minutes before Saturday's 4:30 p.m. ET kickoff between Buffalo and Denver. Follow these steps to secure your $1,500 First Bet protection:

  1. Click the BetMGM registration link and enter bonus code COVERS during account creation
  2. Complete identity verification with your driver's license and personal information
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your first real money wager on any market, including Saturday's Divisional Round games
  5. If your bet loses, receive bonus bets equal to your stake within 24 hours

This promotion gives you confidence to wager on competitive matchups like the 49ers visiting Seattle or Buffalo's road challenge in Denver. Read our comprehensive BetMGM bonus review for additional details about this operator'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. 

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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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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