BetMGM Bonus Code COVERS50: Get $1,500 Bonus Bets for The Masters Round 2 on Friday

The Masters Round 2 presents an ideal opportunity to claim the BetMGM bonus code COVERS50 welcome offer. New users can secure up to $1,500 in bonus bet protection or $150 in bonus bets depending on their state, plus $50 in BetMGM Rewards Points when betting on Friday's crucial second round at Augusta National.

This $1,500 First Bet offer and the $150 bonus bet promotion are among the top sportsbook promos available for April 10 golf betting action.

$1,500 First Bets
COVERS50

Claim $1,500

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

Win $150

BetMGM Bonus Code Offers Two Ways to Bet The Masters Round 2

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. New users in Arizona, Colorado, Washington D.C., Iowa, Illinois, Indiana, Louisiana, Kansas, Kentucky, Massachusetts, Maryland, North Carolina, Ohio, Tennessee, Virginia, and Wyoming can claim the $1,500 First Bet protection. Meanwhile, bettors in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia receive $150 in bonus bets if their first $10 wager wins, plus guaranteed $50 BetMGM Rewards Points regardless of outcome.

For The Masters Round 2 betting, the $1,500 First Bet offer provides substantial protection when wagering on tournament favorites like Scottie Scheffler or Rory McIlroy to make the cut. If your initial wager on a golfer to finish in the top 10 after Round 2 loses, BetMGM returns your stake up to $1,500 in bonus bets. The bonus bets arrive as five separate credits worth 20% of your qualifying wager each, expiring after seven days.

The $150 bonus bet offer works differently, requiring only a winning $10 first bet to trigger three $50 bonus bets. For example, betting $10 on Jon Rahm to shoot under par in Round 2 at +110 odds would return $21 in winnings plus $150 in bonus bets if successful. Both offers include $50 in BetMGM Rewards Points, which convert to bonus credits for digital play, MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers.

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

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How to Claim Your Masters Round 2 BetMGM Welcome Offer

Claiming either BetMGM welcome offer for The Masters Round 2 requires following specific steps to ensure bonus activation. Both the $1,500 First Bet protection and $150 bonus bet offer use the same registration process with code COVERS50.

1. Register for a new BetMGM account using bonus code COVERS50 during the sign-up process
2. Make a minimum $10 deposit using credit card, debit card, PayPal, or other accepted payment methods
3. Place your first real money wager on any Masters Round 2 market, such as individual golfer scoring props or cut line bets
4. Receive bonus bets if your first wager loses (up to $1,500) or wins ($150 in select states)
5. Collect your $50 BetMGM Rewards Points automatically after completing your first bet

The welcome offers remain available until April 30, 2026, providing ample time to capitalize on Masters weekend action. Read our comprehensive BetMGM bonus review for additional details on terms, conditions, and betting options.

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