BetMGM Bonus Code COVERS50 Delivers $1,500 First Bet Bonus for The Masters Final Round on Sunday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 12, 2026 , 07:15 AM ET • 3 min read

Use BetMGM bonus code COVERS50 for The Masters final round. Get up to $1,500 First Bet or $150 bonus bets + $50 BetMGM Rewards Points.

Photo By - Use BetMGM bonus code COVERS50 to get up to $1,500 bonus bets back if your first bet loses.

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.

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$1,500 First Bets
COVERS50
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Bet $10, Get $150 in MI, NJ, PA, WV
COVERS50

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.


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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.

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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