The final round of The Masters at Augusta National presents an exciting opportunity to claim the BetMGM bonus code COVERS50 welcome offer. New users can secure up to $1,500 in bonus bets or $150 in bonus bets depending on their state, plus $50 in BetMGM Rewards Points when betting on Sunday's action. With Rory McIlroy defending his 2025 title and chasing golf history, this April 12 promotion offers excellent value for those looking to explore sportsbook promos.
BetMGM Bonus Code Offers Two Welcome Promotions for The Masters
The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your location. In most states where BetMGM operates, new users receive a First Bet offer up to $1,500 in bonus bets if their initial wager loses, plus $50 in BetMGM Rewards Points regardless of the outcome. Meanwhile, users in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia can claim $150 in bonus bets when their first $10 bet wins, along with the same $50 in BetMGM Rewards Points.
For the First Bet promotion, if you wager $100 on Rory McIlroy to win The Masters and he finishes second, you'll receive $100 in bonus bets back. If you bet the maximum $1,500 on Tommy Fleetwood to claim his first major and he falls short, BetMGM returns five bonus bets worth $300 each, totaling $1,500. In the alternative states, placing a $10 bet on Scottie Scheffler to make a Sunday charge that wins would earn you $150 in bonus bets plus your original winnings.
BetMGM Rewards Points serve as bonus credits for digital play at BetMGM and can be converted into MGM Rewards Points, Marriott Bonvoy Points, merchandise, or Gametime Vouchers. Both offers require the bonus code COVERS50 during registration and expire on April 30, 2026. Bonus bets must be used within seven days of issuance and don't return the stake amount when wagered.
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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The Masters Final Round Betting Opportunities
Sunday's final round at Augusta National offers numerous betting markets perfect for your BetMGM welcome offer. McIlroy enters with a sizeable lead as he attempts to defend his historic 2025 victory that completed his Career Grand Slam. However, challengers like Tommy Fleetwood, Shane Lowry, John Rahm, and Scottie Scheffler remain within striking distance on golf's biggest stage.
You can use your First Bet or qualifying $10 wager on various markets including the tournament winner, top-5 finishes, head-to-head matchups, or live betting options as the round unfolds. The final round of The Masters traditionally produces dramatic moments, making it an ideal event to launch your BetMGM betting experience. Whether backing McIlroy to hold his lead or supporting a challenger to mount a Sunday charge, both welcome offers provide excellent value for this premier golf event.
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.







