BetMGM Bonus Code 'COVERS': Get A $1500 First Bet For NFL Week 18

Use BetMGM bonus code COVERS for a $1,500 First Bet on NFL Week 18. Get bonus bets back if your first wager loses on division showdowns.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 2, 2026 • 21:05 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

NFL Week 18 arrives Friday, January 2, with every game carrying playoff implications and division rivalries taking center stage. New BetMGM users can capitalize on this chaotic weekend by claiming the BetMGM bonus code COVERS offer, which provides up to $1,500 in bonus bets if your first wager loses. This welcome promotion is perfect for betting on marquee matchups like Seahawks at 49ers or Ravens at Steelers, and it ranks among the top sportsbook promos available for the final week of the regular season.

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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 that returns your stake in bonus bets if your initial wager loses. New users must register with the code COVERS, make a minimum $10 deposit, and place their first real money bet on any NFL Week 18 market. If your bet on games like Panthers at Buccaneers or Broncos at Chargers wins, you keep your winnings and can withdraw immediately.

However, if your first bet loses, BetMGM will refund your stake up to $1,500 as bonus bets. Wagers over $50 receive five separate bonus bets worth 20% of your original stake each, while smaller bets receive one bonus bet equal to your loss. For example, a losing $1,000 bet on the Seahawks-49ers NFC West title game would yield five $200 bonus bets totaling $1,000. All bonus bets expire after seven days and cannot be withdrawn directly.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 Promo for NFL Week 18

Claiming this BetMGM welcome offer requires just a few simple steps before Saturday's NFL action begins. First, register for a new BetMGM account using bonus code COVERS and verify your identity with a driver's license. Next, make your initial deposit of at least $10 using any accepted payment method. Finally, place your first real money wager on any NFL Week 18 market, from division championship games to playoff seeding battles.

Remember that this offer is available only to new users in eligible states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Read our comprehensive BetMGM bonus review for additional details about terms, conditions, and betting options.


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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