BetMGM Bonus Code COVERS50: Claim $1,500 Bonus for Canadiens vs. Lightning Game 7 on Sunday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 3, 2026 , 02:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for a $1,500 First Bet or Bet $10, Get $150 for Canadiens vs. Lightning Game 7.

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 outstanding sportsbook promos just in time for Sunday, May 3. New users in most states can claim a $1,500 First Bet plus $50 in BetMGM Rewards Points, while new users in CO, MI, NJ, PA, and WV can instead Bet $10 and Get $150 in bonus bets if it wins, also with $50 in Rewards Points.

Both offers are perfect for betting on the Canadiens vs. Lightning Game 7.

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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

Using the BetMGM bonus code COVERS50 at sign-up gives new users access to one of two welcome offers depending on their state. In most eligible states, you receive $50 in BetMGM Rewards Points instantly upon registration, and your first bet is covered up to $1,500 if it loses. New users in CO, MI, NJ, PA, and WV receive a different offer: place a $10 wager on Game 7, and if it wins, you get $150 in bonus bets issued as three $50 bonus bets.

Here is how the $1,500 First Bet offer breaks down in practice. Say you place a $1,500 wager on the Lightning to win Game 7 in regulation and it loses. BetMGM returns your full $1,500 stake as five bonus bets worth $300 each. If your first bet is under $50, you receive one bonus bet equal to your stake. Bonus bets expire seven days from issuance and cannot be withdrawn directly. A minimum $10 deposit is required to activate either offer.

Key terms and conditions to keep in mind:

  • Code COVERS50 must be entered at registration or the offer is void.
  • Both offers expire at 11:59 p.m. ET on April 30, 2026.
  • Bonus bets expire seven days after being issued.
  • BetMGM does not return your stake when redeeming bonus bets.
  • Users on self-exclusion lists are not eligible.
  • The $1,500 First Bet is available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY, among others. The Bet $10, Get $150 offer is exclusive to CO, MI, NJ, PA, and WV.

The $50 in BetMGM Rewards Points is awarded instantly to all new users regardless of which offer applies or whether your first bet wins or loses. BetMGM Rewards Points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. You can learn more about the program 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

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Live BetMGM odds for Canadiens vs Lightning

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How to Claim Your BetMGM Welcome Offer for Canadiens vs. Lightning Game 7

Claiming your BetMGM welcome offer ahead of the deciding Game 7 is straightforward. Follow these steps to get started:

  1. Download the BetMGM app or visit the BetMGM website and click to register a new account. Have your name, address, email address, and driver's license ready to speed up the process.
  2. Enter the BetMGM bonus code COVERS50 during registration. This is required to unlock either the $1,500 First Bet offer or the Bet $10, Get $150 offer, depending on your state. Your $50 in BetMGM Rewards Points will be credited instantly.
  3. Make a minimum $10 deposit using any available payment method, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
  4. Place your first real-money wager on the Canadiens vs. Lightning Game 7. If you are in CO, MI, NJ, PA, or WV, a $10 winning bet returns $150 in bonus bets. In all other eligible states, a losing first bet of up to $1,500 is returned in bonus bets.
  5. Winning bets are withdrawable immediately. Bonus bets must be played through before any payout is available and expire after seven days.

For a full breakdown of everything BetMGM has to offer, check out the BetMGM bonus review.


More BetMGM Sportsbook promos, bonuses, and offers

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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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