BetMGM Bonus Code 'COVERS': Make A $1,500 First Bet On The NFL Divisional Weekend

Use BetMGM bonus code COVERS for a $1,500 First Bet on NFL Divisional Round Weekend. Get bonus bets back if your first wager loses.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 15, 2026 • 07:54 ET • 3 min read
Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES
Photo By - Use BetMGM bonus code "COVERS" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

The NFL Divisional Round Weekend arrives Thursday, January 15, featuring four compelling matchups that will determine the conference championship participants. New bettors can capitalize on this exciting weekend with the BetMGM bonus code COVERS to claim a $1,500 First Bet offer. This welcome promotion allows new users to place their initial wager on any of the divisional round games, from Bills vs Broncos to Rams vs Bears, with bonus bet protection if their first bet loses. BetMGM stands out among sportsbook promos with this substantial offer for the weekend's playoff action.

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$1,500 First Bet
COVERS

BetMGM Bonus Code COVERS Delivers $1,500 First Bet Protection

The BetMGM bonus code COVERS unlocks a $1,500 First Bet offer for new customers looking to wager on the NFL Divisional Round Weekend. After registering and making a minimum $10 deposit, new users can place their first real-money wager on any market, including the Bills vs. Broncos matchup or the Rams vs. Bears Sunday night showdown. If your first bet loses, BetMGM returns your stake up to $1,500 in bonus bets.

The bonus bet structure varies based on your initial wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your qualifying wager, while bets under $50 receive one bonus bet equal to your stake. For example, if you place a $1,000 bet on the Texans vs Patriots game and lose, you would receive five $200 bonus bets totaling $1,000. All bonus bets expire seven days after issuance and cannot be withdrawn directly.


Check if you can use our BetMGM bonus code in your state

BetMGM Bonus Code Eligible States
 "COVERS1500" 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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How to Claim Your BetMGM Divisional Round Offer

Claiming your BetMGM welcome offer for NFL Divisional Round Weekend requires just a few simple steps. First, register for a new BetMGM account using bonus code COVERS and provide the required verification documents. Next, make your initial deposit of at least $10 to activate your account for real money wagering. Finally, place your first bet on any divisional round market, whether it's the 49ers vs Seahawks or any other playoff matchup, knowing that bonus bet protection covers losses up to $1,500.

New users can immediately withdraw winnings from successful first bets, while bonus bets must be wagered before any potential payouts become available. The bonus bets do not include the stake amount in potential returns, only the winnings from successful bonus bet wagers. Read our comprehensive BetMGM bonus review for additional details about terms and conditions.


More sportsbook promos, bonuses, and offers from BetMGM

  • 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. 

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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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