BetMGM Bonus Code COVERS: Make a $1,500 First Bet on the Big Game Gatorade Color, Bonus Bets Back if it Loses

Use BetMGM bonus code COVERS for a $1,500 First Bet on Gatorade color props. Get bonus bets back if your first wager loses on Big Game fun.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 5, 2026 • 14:10 ET • 3 min read

The BetMGM bonus code COVERS unlocks a $1,500 First Bet perfect for wagering on the Gatorade bath color market. New users can place their initial wager on this entertaining prop bet, knowing they'll receive bonus bets back if their first bet loses.

This Thursday, Feb. 5 offer provides an excellent opportunity to dive into one of the most popular sportsbook promos available.

BetMGM Logo
$1,500 First Bets
COVERS

How the $1,500 BetMGM Bonus Code Works for Big Game Props

The BetMGM bonus code COVERS delivers substantial value for bettors interested in Gatorade color props and other Big Game entertainment markets. After registering and making a minimum $10 deposit, new users can place their first real money wager on any available market, including the popular Gatorade bath color bet. If that initial wager loses, BetMGM returns the entire stake up to $1,500 in bonus bets.

The bonus bet structure varies based on your wager amount. For bets over $50, you'll receive five separate bonus bets, each worth 20% of your qualifying wager. For example, if you bet $1,000 on orange Gatorade at +225 odds and lose, you'd receive five $200 bonus bets totaling $1,000. Smaller wagers under $50 result in a single bonus bet equal to your stake amount.

Key terms include:

  • Bonus bets expire after seven days
  • Available to new users in eligible states only
  • Minimum $10 deposit required
  • Bonus bets cannot be withdrawn, only used for additional wagers

Whether you're backing orange at +225 or taking a flyer on purple at +750, this offer provides excellent protection for your Gatorade color prediction. The instant drama of waiting for the celebration makes this prop bet particularly exciting for your first BetMGM wager.

Where can I bet on the Gatorade bath?

Not all regulated jurisdictions offer markets for novelty props. Here's where you can legally bet on the Gatorade bath:

  • Arkansas

  • DC

  • Louisiana

  • Michigan

  • Mississippi

  • Nevada

  • New Jersey

  • North Carolina

  • Oregon

  • West Virginia

  • Wyoming


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)

Best BetMGM NFL Boosts

BetMGM All Users

  • Get your stake back in bonus bets if your 1st TD bet scores the 2nd TD of the game

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How to Claim Your Gatorade Color Betting Bonus

Getting started with your Gatorade color wager is straightforward with these simple steps:

  1. Click the registration link and create your BetMGM account using bonus code COVERS
  2. Complete identity verification with your driver's license information
  3. Make your initial deposit of at least $10 using any accepted payment method
  4. Navigate to the Big Game props section and find the Gatorade color market
  5. Place your first real money wager on your preferred color choice
  6. If your bet loses, receive bonus bets back within 24 hours

Ready to make your Gatorade color prediction? Read our comprehensive BetMGM bonus review for additional insights into this welcome offer.


More BetMGM Sportsbook promos, bonuses, and offers

  • 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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