The BetMGM bonus code COVERS50 unlocks two powerful welcome offers just in time for Golden Knights vs. Avalanche Game 1 on Wednesday, May 20. New users in most states can claim a $1,500 First Bet, while new users in CO, MI, NJ, PA, and WV can instead opt for the Bet $10, Get $150 offer.
Either way, all new users receive $50 in BetMGM Rewards Points instantly. Browse all available sportsbook promos to see how BetMGM stacks up heading into this Western Conference Final opener.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: How the $1,500 First Bet and $150 Offer Work
New users in most states can register with the BetMGM bonus code to activate the $1,500 First Bet offer. A minimum $10 deposit is required, and your first real-money wager on any market, including Game 1 between the Golden Knights and Avalanche, qualifies. If that bet loses, BetMGM returns your entire stake in bonus bets, up to $1,500.
For wagers over $50, BetMGM issues five bonus bets each worth 20% of your original stake. For example, if you placed a $1,500 bet on the Avalanche moneyline and it lost, you would receive five $300 bonus bets totaling $1,500. For wagers under $50, you receive one bonus bet equal to your stake. Bonus bets expire seven days from issuance.
New users in CO, MI, NJ, PA, and WV have access to a different welcome offer using the same BetMGM bonus code COVERS50. Place a $10 minimum wager on Game 1, and if it wins, you receive $150 in bonus bets regardless of the odds. The $150 is issued as three $50 bonus bets, also expiring seven days from issuance. Win or lose, this offer also includes the $50 in BetMGM Rewards Points.
Regardless of which offer applies to your state, all new users receive $50 in BetMGM Rewards Points instantly upon signing up with code COVERS50. These points can be redeemed for a variety of rewards, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Both offers expire at 11:59 p.m. ET on April 30, 2026, and are available only to new BetMGM users who are not on any 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 Golden Knights vs. Avalanche Game 1
Follow these steps to claim your BetMGM welcome offer before puck drop on Wednesday, May 20, whether you are targeting the $1,500 First Bet or the Bet $10, Get $150 offer in CO, MI, NJ, PA, or WV.
- Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your name, address, email address, and driver's license ready to speed things up.
- Enter the BetMGM bonus code COVERS50 during sign-up. This step is required to unlock either welcome offer and your $50 in BetMGM Rewards Points. Skipping the code will void the promotion.
- Select your preferred banking method and deposit a minimum of $10. Accepted methods include Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
- Place your first real-money wager on Golden Knights vs. Avalanche Game 1. You can bet the moneyline, puck line, total goals, or any available player prop. Most-state users activate the $1,500 First Bet; CO, MI, NJ, PA, and WV users activate the Bet $10, Get $150 offer.
- If your bet wins, your winnings are immediately withdrawable. If it loses under the $1,500 First Bet offer, bonus bets are credited to your account within 24 hours. Under the Bet $10, Get $150 offer, your $150 in bonus bets is issued upon a winning result. All bonus bets must be used before any payout is available, and BetMGM does not return your stake when using bonus bets.
- Your $50 in BetMGM Rewards Points will be credited instantly after sign-up and can be redeemed for MGM Rewards Points, Marriott Bonvoy Points, merchandise, Gametime Vouchers, or bonus credits for digital play at BetMGM.
Read the full BetMGM bonus review to learn more about what the sportsbook has to offer 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.
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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.
