Use the BetMGM bonus code COVERS on Oct. 22 to claim a $1,500 First Bet offer. A code is required, and the offer pairs a bonus bets refund on a losing first wager with a $10 deposit to get started. New users can apply it to NFL Week 7, the NBA, or the World Series, and browse more sportsbook promos from Covers.
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 |
| 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 22 |
| Info Confirmed By | Michael Hoad |
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How the BetMGM Bonus Code Offer Works for NFL Week 7, NBA and the World Series
New users who sign up with the BetMGM bonus code COVERS can claim two parts of this welcome offer. First, a $10 initial deposit and a real-money wager activate your welcome bonus. Second, if your first bet loses, BetMGM returns your entire stake, up to $1,500, in bonus bets. Your first wager can target any of this week's events, including New England at Chicago on Thursday Night Football, Cleveland at Philadelphia in the NBA, or Game 1 of the World Series.
Here is how it plays out. Say you place a $50 first bet on the Patriots at Bears game and it wins. You collect your winnings as normal. If that bet loses, you receive $50 back in bonus bets, divided into one or more bonus bets based on your stake size.
Key terms to know:
- A code is required. Enter COVERS during registration or the offer will not apply.
- The offer is for new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA, and WY.
- A $10 minimum deposit is required to qualify.
- Bonus bets expire seven days after they are awarded.
- Stakes over $50 return five bonus bets, each worth 20% of your wager. Stakes under $50 return one bonus bet.
- A $1,500 losing wager would return five $300 bonus bets.
- Bonus bets must be wagered before any payout is available, and only winnings from those wagers are returned, not the bonus itself.
- Winning bets are immediately withdrawable.
- The offer must be claimed by Oct. 18, 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 With the BetMGM Bonus Code
Follow these steps to claim the $1,500 First Bet and the bonus bets refund on a losing wager.
- Download the BetMGM app and review the banking options.
- Register and enter your name, address, email, and phone number.
- Enter the BetMGM bonus code COVERS during sign-up.
- Deposit at least $10 using your preferred payment method.
- Place your first bet on NFL Week 7, the NBA, or the World Series.
- If it loses, receive your stake back in bonus bets, up to $1,500.
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.
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