BetMGM Bonus Code COVERS: Make a $1,500 First Bet on NFL Week 5, Get Bonus Bets if Your Bet Loses

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 8, 2026 , 07:00 AM ET • 3 min read

Use the BetMGM bonus code COVERS for a $1,500 First Bet or Bet $10, Get $150 on Week 5 NFL, including Buccaneers vs. Cowboys.

Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses.
Photo By - Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses.

New users can claim the BetMGM bonus code COVERS, which is required, for two welcome offers as of Oct. 8. Depending on your state, you can get a $1,500 First Bet or Bet $10, Get $150 in bonus bets. Place your qualifying wager on Week 5 of the NFL, including Buccaneers vs. Cowboys. Compare more sportsbook promos at Covers.

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$1,500 First Bet
COVERS
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
Minimum Deposit $10
Qualifying Bet $1 to $1,500 (AZ, CO, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA, WY) or $10 (MI, NJ, PA, WV)
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified October 8
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code Offers Work for Buccaneers vs. Cowboys

The BetMGM bonus code COVERS is required to claim either welcome offer, and which one you receive depends on where you live. Both offers are for new users only, and both require a minimum $10 deposit and a real money wager. Your qualifying bet can be placed on any sport or market, including the Buccaneers vs. Cowboys game on Thursday Night Football.

The $1,500 First Bet is available to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA, and WY. If your first bet loses, you receive your stake back in bonus bets, up to $1,500. Wagers of more than $50 are returned as five bonus bets, each worth 20% of your stake, while wagers under $50 are returned as one bonus bet.

The Bet $10, Get $150 offer is available to new users in CO, MI, NJ, PA, and WV. If your $10 first bet wins, you receive $150 in bonus bets, issued as three $50 bonus bets.

  • Example of a loss: A $200 bet on Buccaneers vs. Cowboys that loses returns five $40 bonus bets in the states with the $1,500 First Bet.
  • Example of a win: A $10 bet on Buccaneers vs. Cowboys that wins returns your winnings plus $150 in bonus bets in the states with the $150 offer.
  • Bonus bets expire seven days after they are issued.
  • Bonus bets must be used before any payout is available, and the stake is not returned when you wager with bonus bets.
  • The $1,500 First Bet offer must be claimed by Sept. 1, 2026, at 11:59 p.m. ET.
  • Users on any self-exclusion list cannot use BetMGM.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.

    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, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
    COVERSBONUS MI, NJ, PA, WV

    Claim Your $1,500 First Bet or $150 in Bonus Bets

    Follow these steps to claim either BetMGM welcome offer and bet on Buccaneers vs. Cowboys.

    1. Download the BetMGM app and start registration.
    2. Enter your personal information, including your name, address, email, and phone number.
    3. Enter the BetMGM bonus code COVERS during sign-up.
    4. Deposit at least $10 using your preferred payment method.
    5. Place your qualifying wager on the Buccaneers vs. Cowboys game.
    6. Receive your bonus bets based on your state's offer and your result.

    Read our full BetMGM bonus review for more details.


    More BetMGM Sportsbook promos, bonuses, and offers

    • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

    BetMGM responsible gambling features

    BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

    BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


    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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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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