BetMGM Bonus Code COVERS: Claim $1,500 Bonus for Broncos vs. Chargers Week 18

Use BetMGM bonus code COVERS for $1,500 First Bet on Broncos vs. Chargers Week 18. Get bonus bets back if your first wager loses.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 4, 2026 • 13:15 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 Denver Broncos host the Los Angeles Chargers on Sunday, January 4 in a Week 18 matchup that will determine playoff seeding for both teams. New users can capitalize on this high-stakes AFC West showdown with the BetMGM bonus code COVERS to unlock a $1,500 First Bet offer.

This welcome promotion joins other competitive sportsbook promos available for Sunday's crucial game.

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$1,500 First Bet
COVERS

BetMGM bonus code COVERS delivers $1,500 First Bet for Broncos vs. Chargers

The BetMGM bonus code COVERS provides new customers with protection on their first wager up to $1,500. After registering and making a minimum $10 deposit, users can place their inaugural bet on any market, including the Broncos-Chargers spread, total, or moneyline. If the first bet loses, BetMGM returns the stake as bonus bets within 24 hours.

The bonus bet structure varies based on wager size. Bets under $50 receive one bonus bet equal to the stake, while wagers of $50 or more are divided into five separate bonus bets, each worth 20% of the original stake. For example, a losing $1,000 bet on Denver to cover the spread would generate five $200 bonus bets. All bonus bets expire seven days after issuance and cannot be withdrawn directly.

With Justin Herbert sidelined and Trey Lance starting for Los Angeles, the Broncos enter as favorites to secure the AFC's top seed. Denver's defense leads the NFL in sacks and should pressure the inexperienced Lance throughout the contest.


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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BetMGM odds for Broncos vs Chargers


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How to claim your BetMGM promo for Sunday's AFC West finale

Claiming the BetMGM welcome offer requires four simple steps.

First, register for a new account using bonus code COVERS during the sign-up process. Second, verify your identity and make a minimum $10 deposit using any accepted payment method. Third, place your first real money wager on any available market, including Broncos vs. Chargers betting options. Finally, if the bet loses, bonus bets will be credited automatically within 24 hours.

The promotion 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, and Wyoming.

Read our comprehensive BetMGM bonus review for additional details on terms and conditions.


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  • Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead!
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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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