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

Use BetMGM bonus code COVERS for a $1,500 First Bet on Big Game coin toss odds. Get bonus bets back if your first wager loses on Sunday, Feb. 8.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 8, 2026 • 10:10 ET • 3 min read

The BetMGM bonus code COVERS unlocks a $1,500 First Bet perfect for Sunday's Big Game coin toss action. New users can place their first wager on heads, tails, or which team wins the toss with bonus bets back if it loses.

This welcome offer remains available through Feb. 8, making it ideal timing for sportsbook promos ahead of the big game.

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$1,500 First Bets
COVERS

How the $1,500 BetMGM First Bet Works for Coin Toss Betting

The BetMGM bonus code COVERS provides new customers with bonus bet protection up to $1,500 on their first real money wager. This offer works perfectly for Big Game coin toss markets, where you can bet on heads (-102), tails (-102), Seattle wins toss (-102), or New England wins toss (-102). If you place a $100 first bet on heads and it loses when tails comes up, BetMGM returns your $100 stake as bonus bets.

The bonus bet structure depends on your wager amount. Bets under $50 receive one bonus bet equal to your stake, while wagers over $50 are split into five separate bonus bets worth 20% each. For example, a losing $1,000 coin toss bet would return five $200 bonus bets totaling your original stake. These bonus bets expire after seven days and must be used on any sports market.

Key terms include:

  • Minimum $10 deposit required
  • Available in 21 states plus DC and Puerto Rico
  • Bonus bets valid for seven days
  • Stakes not returned when using bonus bets

Can you legally bet on the coin toss?

Fact: BetMGM has taken more bets on the coin toss than any single Seattle-New England player prop!
Bettors find it hard to resist 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 Big Game Boosts

BetMGM All Users

  • Get a no sweat bet for the Big Game - stake back in bonus bets if you lose
  • Get a Big Game boost pack: (1) odds boost for any bet, (1) anytime TD boost & (1) SGP boost
  • 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


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Big Game Coin Toss: How to Claim Your BetMGM Welcome Offer

Follow these steps to claim your BetMGM welcome bonus and bet on Sunday's coin toss:

  1. Register a new BetMGM account using bonus code COVERS
  2. Make your initial deposit of at least $10
  3. Place your first real money bet on any Big Game coin toss market
  4. Receive bonus bets equal to your stake if your first wager loses
  5. Use bonus bets within seven days on any sports market

The coin toss happens moments before kickoff, providing instant results on your first BetMGM wager. Whether you choose heads, tails, or which team calls correctly, this market offers even odds and quick resolution. Read our complete BetMGM bonus review for additional details on terms and conditions.


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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