⛳ BetMGM Bonus Code 'CVRBONUS1500': Make a $1500 First Bet on the PGA Championship

Use BetMGM bonus code CVRBONUS1500 to claim a $1,500 First Bet Offer for the 2025 PGA Championship at Quail Hollow.

Peter Clarke - Content Editor at Covers.com
Peter Clarke • Senior Editor
May 15, 2025 • 15:30 ET • 3 min read
BetMGM Bonus Code for the PGA Championship
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The 2025 PGA Championship at Quail Hollow Golf & Country Club is set to be one of the premier events on the golf calendar, and BetMGM Sportsbook has the perfect welcome offer for new users ready to wager. Sign up using BetMGM bonus code CVRBONUS1500 and unlock a $1,500 First Bet Offer, giving you a bonus safety net if your initial wager doesn’t land. 🏌️‍♂️💸

Whether you're betting on outright winners, top-10 finishes, or round-by-round matchups, sportsbook promos like this give you peace of mind during one of the biggest tournaments of the year.

BetMGM Logo
$1,500 First Bet
CVRBONUS1500

📋 How the BetMGM 'First Bet' offer works for the PGA Championship

To activate this offer, new users must enter the BetMGM bonus code CVRBONUS1500 during registration. Once your account is set up, make a minimum deposit of $10, then place a real-money wager on any PGA Championship market—whether that’s the overall winner or a specific round prop.

If your first wager wins, you’ll get your payout as usual. But if it loses, BetMGM will refund your stake in the form of bonus bets—up to $1,500. ⛳🛡️

Here’s how the bonus structure works:

  • If you bet $50 or more, you’ll receive five bonus bets, each worth 20% of your stake.
  • If your wager is less than $50, you’ll receive a single bonus bet equal to your stake.

Bonus bets are valid for seven days and must be used before they expire. Keep in mind that the stake is not included in winnings from bonus bets. For example, a $100 bonus bet at +200 odds would return $200, not $300.

This promo is available in most BetMGM-eligible states (excluding DC, NY, and NV) and is for first-time users only. The BetMGM bonus code must be applied at sign-up to qualify.


Offer available to first-time customers in the following states: AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR). Not available to residents of Ontario, CA.

🛠️ How to claim your BetMGM bonus code for the tournament

It’s quick and easy to secure this BetMGM offer ahead of the action at Quail Hollow. Just follow these steps:

  1. Register: Head to BetMGM and create a new sportsbook account. Enter bonus code CVRBONUS1500 when prompted.
  2. Deposit: Fund your account with at least $10 using your preferred method.
  3. Place a Wager: Make your first real-money bet on any PGA Championship market—outright winner, round leader, or head-to-head.
  4. Win or Get Bonus Bets: If your wager wins, cash out your profit. If it loses, get up to $1,500 back in bonus bets.

📲 Want more insight before placing your bet? Check out our full BetMGM bonus review for a complete breakdown of platform features, markets, and tools.


Sportsbook promos comparison

Choosing the right sportsbook promos for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.

BetMGM DraftKings FanDuel
Current Bonus $1,500 Bonus Bets Back Bet $5, Get $150, Win or Lose Bet $5, Get $200, If Your Bet Wins
Promo Code CVRBONUS1500 None Required None Required
Bonus Type Second Chance Bet Bet & Get Bet & Get
Bonus Amount One (< $50) or five (> $50) bonus bets $150 Bonus Bets $200 Bonus Bets
Wagering Period Seven Days Seven Days Fourteen Days
Min. Deposit $10 $5 $5

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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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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