BetMGM Bonus Code COVERS50: Get $1,500 First Bet Bonus for Golden Knights vs. Hurricanes Game 1

The BetMGM bonus code COVERS50 unlocks two welcome offers for new users ahead of Golden Knights vs. Hurricanes Game 1 on Tuesday, June 2. In most states, you can claim a $1,500 First Bet, meaning you get your stake back in bonus bets if your first wager loses. In CO, MI, NJ, PA, and WV, place a $10 bet and get $150 in bonus bets if it wins. Either way, all new users receive $50 in BetMGM Rewards Points instantly.

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$1,500 First Bets
COVERS50

Claim $1,500

Bet $10, Get $150 in MI, NJ, PA, WV
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Win $150

BetMGM Bonus Code COVERS50: How the $1,500 First Bet and $10/$150 Offers Work

New users can activate either welcome offer by entering the BetMGM bonus code COVERS50 at registration. The offer available to you depends on your state, so it is important to know which one applies before signing up.

In most eligible states -- AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY -- the $1,500 First Bet applies. If you place a first bet on, say, the Golden Knights to win Game 1 on the moneyline and it loses, BetMGM returns your entire stake in bonus bets, up to $1,500. Wagers above $50 are returned as five bonus bets, each worth 20% of your qualifying stake. For example, a $1,500 losing bet on the Hurricanes to cover the puck line would come back as five $300 bonus bets. Wagers of $50 or less are returned as a single bonus bet.

In CO, MI, NJ, PA, and WV, the offer works differently. Place a $10 minimum bet on Game 1 -- such as the over/under on total goals -- and if it wins, you receive $150 in bonus bets issued as three $50 bonus bets. If it loses, you do not receive the $150, but you still collect the $50 in BetMGM Rewards Points regardless of outcome under both offers.

BetMGM Rewards Points are bonus credits usable for digital play at BetMGM. They can also be converted into MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers, giving them real value beyond the sportsbook. Bonus bets under both offers expire seven days from issuance, and the welcome offer must be claimed by April 30, 2026, at 11:59 p.m. ET. A minimum $10 deposit is required to qualify.

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How to Claim Your BetMGM Welcome Offer for Golden Knights vs. Hurricanes Game 1

Follow these steps to sign up and place your first bet on Game 1 of the Stanley Cup Final between Vegas and Carolina:

1. 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.
2. Enter the BetMGM bonus code COVERS50 when prompted during sign-up. This step is required -- skipping it will void the welcome offer. You will receive your $50 in BetMGM Rewards Points instantly upon completing registration.
3. Select your preferred banking method and make a minimum $10 deposit. Accepted options include Visa, Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
4. Place your first real-money wager on Golden Knights vs. Hurricanes Game 1. You can bet the moneyline, puck line, total goals, or a player prop -- any market qualifies. If you are in most states and your bet loses, you receive your stake back in bonus bets up to $1,500. If you are in CO, MI, NJ, PA, or WV and your $10 bet wins, you receive $150 in bonus bets.
5. Winning bets are immediately withdrawable. Bonus bets must be played through before any payout from them is available. 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.