BetMGM Bonus Code COVERS50: Get a $50 Reward + Make a $1.5K First Bet on Argentina vs Algeria

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Jun 16, 2026 , 05:10 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for a $1,500 First Bet or Bet $10, Get $150 for Argentina vs Algeria on June 16.

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

New users can claim one of two welcome offers with the BetMGM bonus code COVERS50 ahead of Argentina vs. Algeria on Tuesday, June 16. Depending on your state, you can either place a $1,500 First Bet or a Bet $10, Get $150 offer, both of which also include $50 in BetMGM Rewards Points. These are among the top sportsbook promos available for the tournament opener, and both require the code COVERS50 at registration.

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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 COVERS50: How the Offer Works for Argentina vs. Algeria

The BetMGM bonus code COVERS50 unlocks one of two welcome offers depending on where you live. In most states, including AZ, IL, IN, NC, and others, new users receive a $1,500 First Bet. If your first wager on Argentina vs. Algeria loses, BetMGM returns your entire stake in bonus bets, up to $1,500. For example, if you bet $1,500 on Argentina to win and the result does not go your way, you receive five bonus bets worth $300 each. Wagers under $50 are returned as a single bonus bet. Bonus bets expire seven days after they are issued.

In CO, MI, NJ, PA, and WV, new users get a different deal. Place a $10 wager on the Argentina vs. Algeria match, and if it wins, you receive $150 in bonus bets issued as three $50 credits. This offer is valid regardless of the outcome regarding the Rewards Points component. Both offers include $50 in BetMGM Rewards Points delivered instantly upon sign-up.

BetMGM Rewards Points are a flexible loyalty currency that can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. You can learn more at the BetMGM Rewards page. Key terms to keep in mind are listed below:

  • New users only; minimum $10 deposit required
  • BetMGM bonus code COVERS50 must be entered at registration
  • $1,500 First Bet available in AZ, DC, IA, IL, IN, KS, KY, LA, MA, MD, NC, OH, TN, VA, and WY
  • Bet $10, Get $150 available in CO, MI, NJ, PA, and WV (win only)
  • Bonus bets expire seven days from issuance
  • Offer expires April 30, 2026, at 11:59 p.m. ET

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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How to Claim Your BetMGM Welcome Offer for Argentina vs. Algeria

Follow these steps to sign up with the BetMGM bonus code COVERS50 and place your first bet on Argentina vs. Algeria. Both the $1,500 First Bet and the Bet $10, Get $150 offer are claimed through the same registration process.

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your name, address, email address, and driver's license ready to speed things up.
  2. Enter the BetMGM bonus code COVERS50 when prompted during sign-up. This step is required to unlock either welcome offer and to receive your $50 in BetMGM Rewards Points instantly.
  3. Select your preferred banking method and make a minimum deposit of $10. Accepted options include Visa, Mastercard, debit cards, PayPal, Skrill, bank transfers, and Play+.
  4. Place your first real-money wager on Argentina vs. Algeria. You can bet the moneyline, a point spread, the total goals market, or a player prop. In most states, if your bet loses, you get your stake back in bonus bets up to $1,500. In CO, MI, NJ, PA, and WV, a winning $10 bet earns you $150 in bonus bets.
  5. Collect your winnings or bonus bets. Winning bets are withdrawable immediately, while 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 the welcome offer and platform details, read the BetMGM bonus review.


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.

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.

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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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