BetMGM Bonus Code COVERS50: Get $1,500 Bonus Bets for Canadiens-Hurricanes, NHL Playoffs

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 21, 2026 , 03:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 back + $50 Rewards Points for Canadiens vs. Hurricanes on Thursday.

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

New users can use the BetMGM bonus code to claim one of two welcome offers ahead of Canadiens vs. Hurricanes on Thursday, May 21. Depending on your state, you can get a $1,500 First Bet plus $50 in BetMGM Rewards Points, or bet $10 to get $150 in bonus bets if it wins, also with $50 in Rewards Points. Both deals require the code COVERS50, and both are among the best sportsbook promos available for Game 1 of the Eastern Conference finals.

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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 COVERS50: How the $1,500 First Bet and $150 Offer Work

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. In most eligible states, including AZ, IL, IN, MA, NC, and others, new users receive a $1,500 First Bet plus $50 in BetMGM Rewards Points instantly upon sign-up. In CO, MI, NJ, PA, and WV, the offer is structured differently: bet $10 on any market and receive $150 in bonus bets if that wager wins, along with $50 in Rewards Points regardless of the outcome.

For the $1,500 First Bet offer, if you place a qualifying wager on, say, the Hurricanes moneyline in Game 1 and it loses, BetMGM returns your stake in bonus bets up to $1,500. Wagers above $50 are returned as five bonus bets, each worth 20% of your original stake. A $1,500 losing bet, for example, would yield five $300 bonus bets. Wagers of $50 or less come back as a single bonus bet. Bonus bets expire seven days from issuance.

For users in CO, MI, NJ, PA, and WV, if you bet $10 on the Canadiens to pull the upset in Raleigh and it wins, you receive $150 in bonus bets issued as three $50 credits, plus your cash winnings. Both offers require a minimum $10 deposit. Key terms to know:

  • Code COVERS50 must be entered at registration or the offer is void
  • $50 in BetMGM Rewards Points are awarded instantly on both offers
  • Bonus bets expire seven days from issuance and cannot be withdrawn directly
  • Both offers expire at 11:59 p.m. ET on April 30, 2026
  • Not available to users on self-exclusion lists

BetMGM Rewards Points are a loyalty currency redeemable for a range of benefits, including bonus credits for digital play at BetMGM, MGM Rewards Points usable at MGM properties, Marriott Bonvoy Points, merchandise, and Gametime Vouchers for live event tickets.

More details are available at the BetMGM Rewards page.


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

Best BetMGM NHL Boosts

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  • Get an odds boost for any NHL bet

Check out all BetMGM odds and profit boosts for today.

Covers expert Neil Parker has made his Canadiens vs. Hurricanes predictions, expecting Jakub Dobes to be a busy man in the Habs' crease in Game 1.

Check out all DraftKings odds and profit boosts for today.

Try the boost with Neil's Canadiens vs. Hurricanes Game 1 picks!

  • Juraj Slafkovsky o0.5 Goals Scored
  • Alex Newhook o1.5 Shots on Goal
  • Ivan Demidov o1.5 Shots on Goal

Live BetMGM odds for Canadiens vs Hurricanes

These odds update every 5 minutes.



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How to Claim Your BetMGM Welcome Offer for Canadiens vs. Hurricanes

Signing up and placing your first bet on Game 1 of the Eastern Conference finals is straightforward. Follow these steps to claim whichever offer applies in your state:

  1. Download the BetMGM app or visit the BetMGM website and click the sign-up button to begin registration.
  2. Enter the BetMGM bonus code COVERS50 when prompted during registration. Skipping this step will void your welcome offer. You will receive $50 in BetMGM Rewards Points instantly at this stage.
  3. Provide your personal details, including your name, address, email, and driver's license for identity verification.
  4. Make a minimum $10 deposit using an accepted payment method such as Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
  5. Place your qualifying wager on Canadiens vs. Hurricanes. You can bet the moneyline, puck line, total goals, or any available player prop for Game 1. 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 $10 bet wins, you receive $150 in bonus bets.
  6. Winning cash bets are withdrawable immediately. Bonus bets must be played through before any payout is accessible. Note that BetMGM does not return your stake when using bonus bets.

For a full breakdown of terms and user experience, read the BetMGM bonus review before signing up.


More BetMGM Sportsbook promos, bonuses, and offers

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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.

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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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