BetMGM Bonus Code COVERS1550: MAke a $1,500 First Bet on NFL Week 6 + Claim a $50 Bonus

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 14, 2026 , 08:10 PM ET • 3 min read

Use the BetMGM bonus code COVERS1550 for a $1,500 First Bet or COVERS for Bet $10, Get $150 on NFL Week 6.

Use BetMGM bonus code COVERS1550 to get up to $1,500 bonus bets back if your first bet loses + $50 Bonus Bets!.
Photo By - Use BetMGM bonus code COVERS1550 to get up to $1,500 bonus bets back if your first bet loses + $50 Bonus Bets!.

The BetMGM bonus code COVERS1550 is required to claim a $1,500 First Bet on NFL Week 6, while new users in select states can use code COVERS for Bet $10, Get $150 in bonus bets. These are among the top sportsbook promos available as of Wednesday, Oct. 14. Both offers can be used on the Seahawks vs. Broncos game on Thursday night.

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$1,500 First Bet + $50
COVERS1550

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer + $50 Bonus Bets
BetMGM Bonus Code COVERS1550
Minimum Deposit $10
Qualifying Bet $1 to $1,500
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 14
Info Confirmed By Michael Hoad

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How the BetMGM Bonus Code Works for NFL Week 6

The BetMGM bonus code COVERS1550 is required for the $1,500 First Bet offer, which is available to new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. New users in MI, NJ, PA and WV can instead use bonus code COVERS for the Bet $10, Get $150 offer. Both offers require a minimum $10 deposit and a real money wager, and the Thursday night Seahawks vs. Broncos game on Prime Video can serve as your first bet.

Here are the key terms for each offer:

  • $1,500 First Bet: If your first bet loses, you will receive your stake back in bonus bets, up to $1,500.
  • Wagers of more than $50 return five bonus bets, each worth 20% of the qualifying wager. Wagers of less than $50 return one bonus bet.
  • Bet $10, Get $150: If your first $10 wager wins, you will receive $150 in bonus bets, issued as three $50 bonus bets.
  • Bonus bets expire seven days after they are issued.
  • The $1,500 First Bet offer must be claimed by Oct. 18, 2026, at 11:59 p.m. ET.
  • Bonus bets must be used before any payout is available, and only winnings from bonus bet wagers are returned, not the bonus bet stake.
  • Users on any self-exclusion list cannot use BetMGM.

For example, say you place a $1,500 first bet on the Seahawks vs. Broncos game in a state eligible for the first offer. If that bet loses, you would receive five $300 bonus bets, adding up to $1,500. If your bet wins, you can withdraw your winnings right away.

In the Bet $10, Get $150 states, a winning $10 wager on the Seahawks vs. Broncos game would earn you your winnings plus $150 in bonus bets. A losing $10 wager would not trigger the $150 bonus under that offer. The $1,500 First Bet offer also includes an additional $50 in bonus bets.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS1550. 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
    COVERS1550 AZ, CO, IA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)

    Claim the $1,500 First Bet or $150 Bonus Bets

    Follow these steps to claim your BetMGM welcome offer and bet on Seahawks vs. Broncos:

    1. Download the BetMGM app and register a new account.
    2. Enter your personal details and verify your identity.
    3. Enter bonus code COVERS1550 for the $1,500 First Bet, or COVERS for Bet $10, Get $150.
    4. Deposit at least $10 using your preferred payment method.
    5. Place your qualifying wager on the Seahawks vs. Broncos game.

    Read the 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.


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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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