BetMGM Bonus Code COVERS: Unlock $1,500 Bonus Bets for NFL Wild Card Weekend

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

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 9, 2026 • 06:15 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

NFL Wildcard Weekend arrives this Friday, January 9, marking the start of the most exciting time in professional football. New users can claim a BetMGM bonus code offer using code COVERS to secure up to $1,500 in bonus bets if their first wager loses on any of this weekend's playoff matchups.

With six thrilling games spanning from Saturday afternoon through Monday Night Football, bettors have numerous opportunities to capitalize on sportsbook promos during the postseason's opening weekend.

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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 customers with substantial protection on their initial wager. After making a minimum $10 deposit, users can place their first bet on any NFL Wildcard Weekend game, knowing they'll receive their stake back in bonus bets if the wager loses, up to $1,500. For example, if you bet $500 on the Buffalo Bills to cover the spread against Jacksonville and they fall short, BetMGM will credit your account with $500 in bonus bets.

The bonus bet structure varies based on your initial wager amount. Bets over $50 are divided into five equal bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet. All bonus bets expire seven days after issuance and cannot be withdrawn directly.

Instead, any winnings from bonus bet wagers become withdrawable cash, though the bonus bet stake itself is not returned.


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 Wildcard Weekend offer

Claiming this BetMGM promotion requires just a few simple steps to get started with NFL playoff betting.

  1. First, register for a new BetMGM account using the bonus code COVERS during the sign-up process.
  2. Next, make an initial deposit of at least $10 using one of our accepted payment methods.
  3. Finally, place your first real money wager on any NFL Wildcard Weekend matchup, from the Rams-Panthers opener to Monday's Steelers-Texans finale.

Whether you're backing the top-seeded Patriots against the Chargers or taking a chance on the underdog Panthers in their playoff debut, your first bet receives full protection 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 offerings.


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 keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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