BetMGM Bonus Code COVERS: Make $1,500 First Bet on the Big Game Coin Toss, Get Bonus Bets Back

Use BetMGM bonus code COVERS for a $1,500 First Bet on the Big Game coin toss. Get bonus bets back if your first wager loses on this exciting prop.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 6, 2026 • 12:10 ET • 3 min read

The BetMGM bonus code COVERS unlocks a $1,500 First Bet perfect for the Big Game coin toss on Friday, Feb. 6. This welcome offer gives new users bonus bets back if their first wager loses, making it an ideal way to start your Big Game betting experience.

The coin toss market offers immediate excitement and sets the tone for the entire evening of sportsbook promos and wagering opportunities.

BetMGM Logo
$1,500 First Bets
COVERS

How the $1,500 BetMGM Bonus Code Offer Works

New BetMGM users can claim this generous welcome offer by using BetMGM bonus code COVERS during registration. The promotion provides up to $1,500 in bonus bets if your first real money wager loses, creating a safety net for your initial Big Game coin toss bet. This BetMGM bonus code offer is available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, plus DC and PR.

The coin toss presents even odds at -102 for both heads and tails, as well as which team wins the toss. If you place a $100 first bet on heads and it comes up tails, BetMGM returns your $100 stake as a bonus bet. For larger wagers over $50, the operator splits your bonus into five separate bets, each worth 20% of your original stake.

Key terms include:

  • Minimum $10 deposit required to activate the bonus
  • Bonus bets expire after seven days
  • Wagers under $50 receive one bonus bet if they lose
  • Stakes are not returned when using bonus bets

Whether you bet on Seattle or New England to win the toss, this offer provides excellent value for Big Game prop betting. The coin toss happens before kickoff, giving you immediate results and setting up potential live betting opportunities throughout the game.

Can you legally bet on the coin toss?

Many sportsbooks offer coin toss odds, but they may not be available in every state where sports betting is legal and regulated.

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

  • Arizona

  • Arkansas

  • Colorado

  • DC

  • Illinois

  • Indiana

  • Iowa

  • Louisiana

  • Maryland

  • Massachusetts

  • Michigan

  • Mississippi

  • Nevada

  • New Hampshire

  • New Jersey

  • New York

  • North Carolina

  • Oregon

  • Pennsylvania

  • Virginia

  • 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

  • Spread Odds Flash Boost: Seahawks -4.5 (-115 -> -110)
  • Spread Odds Flash Boost: Patriots +4.5  (-105 -> +100)
  • Seahawks to score first (-143 -> -125)
  • Patriots to score first (+110 -> +125)
  • Get your stake back in bonus bets if your 1st TD bet scores the 2nd TD of the game

BetMGM odds for New England vs Seattle


Enjoying Covers content? Add us as a preferred source on your Google account Add as a preferred source on Google

How to Claim Your Big Game Coin Toss Bonus

Follow these steps to claim your BetMGM welcome offer for Big Game coin toss betting:

  1. Click the registration link and use BetMGM bonus code COVERS during account creation
  2. Provide required personal information and verify your identity with a driver's license
  3. Make a minimum $10 deposit using your preferred payment method
  4. Place your first real money bet on the Big Game coin toss or any other market
  5. Receive bonus bets equal to your stake (up to $1,500) if your first wager loses

This straightforward process gets you ready to bet on whether the coin lands heads or tails, plus which team calls it correctly. Read our comprehensive BetMGM bonus review for additional details about this sportsbook's features and betting options.


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.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

Pages related to this topic

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.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo