BetMGM Bonus Code COVERS50: Claim $1,500 Bonus Bets for NHL Stanley Cup Playoffs on Tuesday

The NHL Stanley Cup Playoffs deliver massive action on Tuesday, April 29, and new bettors can take advantage of two outstanding sportsbook promos by using the BetMGM bonus code COVERS50. In most states, you can claim a $1,500 First Bet offer, while bettors in CO, MI, NJ, PA, and WV can Bet $10, Get $150 if it wins. Both offers also come with $50 in BetMGM Rewards Points just for signing up.

$1,500 First Bets
COVERS50

Claim $1,500

Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

Win $150

BetMGM Bonus Code COVERS50: How to Claim Up to $1,500 for the Stanley Cup Playoffs

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your state. In most eligible states, including AZ, IL, IN, MA, NC, and others, new users receive a First Bet offer worth up to $1,500. If your first wager on any of Tuesday's playoff games loses, BetMGM returns your entire stake in bonus bets. If your wager is over $50, those bonus bets are issued as five equal credits, each worth 20% of your qualifying wager. For example, if you placed a $1,500 bet on the Ducks to eliminate the Oilers and it lost, you would receive five $300 bonus bets totaling $1,500.

Bettors in CO, MI, NJ, PA, and WV have access to a different offer: Bet $10, Get $150 in bonus bets if your initial wager wins. That means placing a $10 bet on, say, the Bruins to force a Game 6 against the Sabres could land you $150 in bonus bets, issued as three $50 credits. Regardless of which offer applies to you or whether your bet wins or loses, you will receive $50 in BetMGM Rewards Points instantly upon signing up with the code COVERS50.

BetMGM Rewards Points are part of the BetMGM Rewards program and can be redeemed for a variety of benefits, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Learn more at the BetMGM Rewards page.

Bonus bets from either offer expire seven days from issuance, and both offers must be claimed by April 30, 2026, at 11:59 p.m. ET. A minimum $10 deposit is required to qualify.

Check if you can use our BetMGM bonus code in your state

Best BetMGM Boosts

 All Users

Check out all BetMGM odds and profit boosts for today.

Enjoying Covers content? Add us as a preferred source on your Google account

How to Sign Up With BetMGM Bonus Code COVERS50 and Bet on the NHL Playoffs

Signing up and claiming your BetMGM welcome offer ahead of Tuesday's Stanley Cup Playoffs action is straightforward. Follow these steps to get started:

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. Failing to enter the code will void the offer.
3. Make a minimum deposit of $10 using one of BetMGM's available payment methods, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
4. Place your first wager on any of Tuesday's playoff matchups. Whether you back the Stars or Wild in their tied series, bet on the Ducks to close out the Oilers, or wager on the Sabres to eliminate the Bruins, your qualifying bet activates the welcome offer. In most states, if your bet loses, you get up to $1,500 back in bonus bets. In CO, MI, NJ, PA, and WV, if your $10 bet wins, you receive $150 in bonus bets.
5. Winning cash bets are immediately withdrawable. Bonus bets must be played through before any payout is available. Note that BetMGM does not return your stake when using bonus bets.

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