BetMGM Bonus Code COVERS50: Get $1,500 First Bet Bonus for Canadiens vs. Lightning, NHL Games Today

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 29, 2026 , 04:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for up to $1,500 back on your first bet or Bet $10, Get $150 for Canadiens vs. Lightning Game 5.

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

The BetMGM bonus code COVERS50 unlocks two strong welcome offers for new users looking to bet on Canadiens vs. Lightning Game 5 on Wednesday, April 29. Depending on your state, you can claim a First Bet offer worth up to $1,500 back in bonus bets, or a Bet $10, Get $150 offer if your first wager wins. Both deals also come with $50 in BetMGM Rewards Points.

Explore more sportsbook promos to see what else is available before puck drop.

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$1,500 First Bets
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Bet $10, Get $150 in MI, NJ, PA, WV
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BetMGM Bonus Code COVERS50: How the Welcome Offer Works

New users can claim one of two welcome offers when registering with the BetMGM bonus code COVERS50, and the offer you receive depends on the state where you sign up. In most eligible states, including AZ, IL, IN, MA, MD, NC, OH, TN, VA, and others, you'll receive the First Bet offer. Place your first real-money wager on Game 5 between Montreal and Tampa Bay, and if it loses, you'll get your entire stake back in bonus bets, up to $1,500. If your wager exceeds $50, BetMGM issues five bonus bets each worth 20% of your qualifying stake. For example, a $1,500 losing bet on the Lightning to win Game 5 would return five $300 bonus bets totaling $1,500. A wager under $50 returns a single bonus bet equal to your stake.

New users in CO, MI, NJ, PA, and WV receive the Bet $10, Get $150 offer instead. Place a minimum $10 wager on the Canadiens vs. Lightning matchup, and if it wins, you'll receive $150 in bonus bets issued as three $50 bonus bets. Regardless of the outcome under either offer, all new users instantly receive $50 in BetMGM Rewards Points just for signing up with code COVERS50.

BetMGM Rewards Points are the currency of the BetMGM Rewards program and can be redeemed for a variety of perks, including:

  • Bonus credits for digital play at BetMGM
  • MGM Rewards Points for use at MGM properties
  • Marriott Bonvoy Points
  • Merchandise
  • Gametime Vouchers for live event experiences

Key terms to keep in mind: a minimum $10 deposit is required to activate either offer, bonus bets expire seven days from issuance, and BetMGM does not return your stake when using bonus bets on a winning wager. Both offers must be claimed by 11:59 p.m. ET on April 30, 2026. You must not appear on any self-exclusion lists to participate.


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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Live BetMGM odds for Canadiens vs Lightning

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How to Claim Your BetMGM Offer for Canadiens vs. Lightning Game 5

Signing up and placing your first bet on Game 5 is straightforward. Follow these steps to claim your welcome offer before Wednesday night's puck drop in Tampa:

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
  2. Enter the BetMGM bonus code COVERS50 during registration. This step is required to unlock either welcome offer and to receive your $50 in BetMGM Rewards Points instantly. Skipping the code will void the promotion.
  3. Make a minimum deposit of $10 using any available payment method, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
  4. Place your first real-money wager on Canadiens vs. Lightning Game 5. You can bet the moneyline, puck line, total goals, or any available player prop. Users in most states will receive up to $1,500 back in bonus bets if the wager loses. Users in CO, MI, NJ, PA, and WV will receive $150 in bonus bets if the wager wins.
  5. Collect your $50 in BetMGM Rewards Points immediately after signing up, then monitor your account for any bonus bets issued following the result of your qualifying wager. Winning bets are withdrawable right away, but bonus bets must be played through before any payout is accessible.

For a full breakdown of terms and user experience, check out the BetMGM bonus review before you sign 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.

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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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