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 protection up to $1,500.
This welcome offer is available through Feb. 8, making it ideal timing for one of the most anticipated sportsbook promos of the year.
COVERS
How the $1,500 BetMGM First Bet Works for Big Game Betting
The BetMGM bonus code COVERS provides new customers with a safety net for their first real money wager. After registering and making a minimum $10 deposit, you can place your first bet on any market, including the Big Game coin toss at -102 odds for both heads and tails. If your initial wager loses, BetMGM returns your stake as bonus bets up to $1,500.
The bonus bet structure depends on your wager amount. For bets over $50, you receive five separate bonus bets, each worth 20% of your original stake. For example, if you bet $1,000 on heads to win the coin toss and lose, you would receive five $200 bonus bets totaling $1,000. Wagers under $50 result in a single bonus bet equal to your stake amount.
Key terms include:
- Bonus bets expire after seven days
- Available in eligible states including AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY, DC, and PR
- Minimum $10 deposit required
- Bonus bet stakes are not returned with winnings
Whether you choose heads or tails for the opening coin toss, or bet on Seattle or New England to win the toss, your first wager is protected. If Seattle wins the toss and you bet $500 on that outcome, you keep your winnings plus the original stake. However, if New England wins instead, you receive $500 in bonus bets to use on other Big Game markets.
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:
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Arizona
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Arkansas
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Colorado
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DC
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Illinois
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Indiana
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Iowa
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Louisiana
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Maryland
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Massachusetts
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Michigan
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Mississippi
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Nevada
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New Hampshire
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New Jersey
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New York
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North Carolina
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Oregon
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Pennsylvania
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Virginia
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West Virginia
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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
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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Claiming Your BetMGM Coin Toss Bonus
Follow these steps to claim your protected first bet for the Big Game coin toss:
- Click the BetMGM registration link and enter bonus code COVERS during account creation
- Complete identity verification with your driver's license and personal information
- Make a minimum $10 deposit using your preferred payment method
- Navigate to the Big Game coin toss market and place your first real money wager
- If your bet loses, receive bonus bets equal to your stake within 24 hours
Your bonus bets will be credited automatically and must be used within seven days of issuance. Read our comprehensive BetMGM bonus review for additional details about this welcome offer and other available promotions.
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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