BetMGM Bonus Code COVERS50: Make $1.5K First Bet on Penguins vs. Capitals on Sunday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 12, 2026 , 12:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for Penguins vs. Capitals Sunday. Get $1,500 First Bet or $150 bonus bets + $50 BetMGM Rewards Points.

Photo By - Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.

The Washington Capitals face a must-win situation Sunday against the Pittsburgh Penguins, and new bettors can capitalize on this crucial matchup with the BetMGM bonus code COVERS50. This exclusive offer provides new users with either a $1,500 First Bet in most states or $150 in bonus bets plus $50 BetMGM Rewards Points in select markets.

With playoff implications on the line for Washington, Sunday's game presents an ideal opportunity to explore sportsbook promos and wager on this high-stakes NHL action.

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$1,500 First Bets
COVERS50
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

BetMGM Bonus Code Offers Two Paths for Penguins vs. Capitals Betting

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. New users in Arizona, Colorado, District of Columbia, Iowa, Illinois, Indiana, Louisiana, Kansas, Kentucky, Massachusetts, Maryland, North Carolina, Ohio, Tennessee, Virginia, and Wyoming can claim the $1,500 First Bet offer. Meanwhile, bettors in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia receive $150 in bonus bets when their first $10 wager wins, plus $50 BetMGM Rewards Points regardless of the outcome.

For the $1,500 First Bet promotion, new users must make a minimum $10 deposit and place their first real money wager. If your initial bet on the Capitals-Penguins game loses, BetMGM returns your entire stake up to $1,500 in bonus bets. For example, if you wager $100 on Washington to win and they fall short, you'll receive $100 in bonus bets to use on future games. Bonus bets expire after seven days and are distributed as five separate credits if your qualifying wager exceeds $50.

The alternative offer in select states provides $150 in bonus bets when your first $10 wager wins, distributed as three $50 bonus bets. Whether you bet on Pittsburgh's moneyline or the game total, a winning $10 wager triggers the bonus. All users receive $50 in BetMGM Rewards Points instantly upon registration, which can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers.


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 Bonus for Sunday's Crucial Capitals Game

Claiming either BetMGM welcome offer for Sunday's playoff-deciding matchup requires following these simple steps. Both promotions use the same bonus code and registration process, with the specific offer determined by your location.

  1. Download the BetMGM app and click the registration link to create your new account
  2. Enter the BetMGM bonus code COVERS50 during the sign-up process to activate your welcome offer
  3. Make a minimum $10 deposit using your preferred payment method such as credit card, debit card, or PayPal
  4. Place your first wager of at least $10 on any Penguins vs. Capitals betting market, including moneylines, puck lines, or totals
  5. Receive your bonus bets if your first wager loses (in most states) or wins (in select states), plus $50 BetMGM Rewards Points

With the Capitals needing a victory to keep their playoff hopes alive and Alex Ovechkin potentially playing his final home game, Sunday's matchup offers compelling betting opportunities. Read our comprehensive BetMGM bonus review for additional details on terms, conditions, and betting options for this crucial NHL showdown.


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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.

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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