BetMGM bonus code COVERS50 unlocks two outstanding welcome offers for new users ahead of one of the most loaded sports Saturdays of the year, including a winner-take-all NBA Western Conference Finals Game 7 between the San Antonio Spurs and Oklahoma City Thunder. New users in most states can claim a $1,500 First Bet, while bettors in CO, MI, NJ, PA, and WV can Bet $10, Get $150 if it wins.
Both offers are live as of May 30, and you can browse all available sportsbook promos to compare your options before signing up.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: $1,500 First Bet for Spurs vs. Thunder Game 7
The BetMGM bonus code gives new users in most eligible states access to a $1,500 First Bet offer, meaning if your first wager loses, BetMGM returns your entire stake in bonus bets up to that amount. You must make a minimum $10 deposit and place a real-money wager to activate the welcome bonus. Regardless of the outcome of your first bet, you will also receive $50 in BetMGM Rewards Points instantly upon signing up with the code.
For example, if you place a $1,500 bet on Victor Wembanyama to lead the Spurs past Shai Gilgeous-Alexander and the Thunder in Game 7 and it loses, BetMGM will issue five bonus bets worth $300 each, totaling $1,500. If you wager less than $50 and lose, you receive a single bonus bet equal to your stake. Winning bets are paid out immediately in cash, while bonus bets must be used before any payout is available and expire seven days from issuance.
New users in CO, MI, NJ, PA, and WV have access to a separate offer: Bet $10, Get $150 in bonus bets if your initial wager wins, plus $50 in BetMGM Rewards Points win or lose. The $150 is issued as three $50 bonus bets that also expire seven days from issuance. Both offers must be claimed by April 30, 2026, at 11:59 p.m. ET.
BetMGM Rewards Points are not just a small perk. They can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers, giving you real value beyond the sportsbook itself.
- Minimum $10 deposit required to qualify
- $1,500 First Bet available in most states; Bet $10, Get $150 available in CO, MI, NJ, PA, and WV
- Bonus bets expire seven days from issuance
- $50 in BetMGM Rewards Points issued instantly upon sign-up with code COVERS50
- Offer expires April 30, 2026, at 11:59 p.m. ET
- Not available to users on self-exclusion lists
Check if you can use our BetMGM bonus code in your state
| BetMGM Bonus Code | Eligible States |
| COVERS50 | 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) |
| COVERSBONUS | MI, NJ, PA, WV |
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How to Claim Your BetMGM Welcome Offer for May 30 Action
Claiming your BetMGM welcome offer is straightforward. Follow these steps to get started before tip-off of Spurs vs. Thunder Game 7 and the rest of Saturday's packed sports slate.
- Download the app: Get the BetMGM app on your mobile device to explore markets, banking options, and customer service before committing to registration.
- Register: Click through to BetMGM Sportsbook and begin the sign-up process. Have your name, address, email address, and driver's license ready to speed up identity verification.
- Enter the code: Input BetMGM bonus code COVERS50 during registration. You will receive $50 in BetMGM Rewards Points instantly. Failing to enter the code will void the offer.
- Deposit funds: Choose a payment method such as Visa, Mastercard, debit card, bank transfer, PayPal, Skrill, or Play+. Deposit a minimum of $10 to qualify for either welcome offer.
- Place your first bet: Wager on any sport or market, including moneylines, spreads, totals, player props, parlays, or futures. Consider placing your bet on Game 7 between the Spurs and Thunder, the French Open, MLB, or WNBA action also on the schedule Saturday. If you are in most states and your bet loses, you get up to $1,500 back in bonus bets. If you are in CO, MI, NJ, PA, or WV and your bet wins, you receive $150 in bonus bets.
- Use your bonus bets: Bonus bets must be wagered before any payout is accessible. BetMGM does not return your stake when using bonus bets, so plan accordingly.
Read the full BetMGM bonus review to learn more about what the sportsbook offers beyond its welcome promotions.
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.
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.
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com 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. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
