BetMGM Bonus Code COVERS50: Claim a $50 Reward + Make a $1.5K First Bet on USA vs Australia on Friday

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Jun 19, 2026 , 11:10 AM ET • 3 min read

Use BetMGM bonus code COVERS50 for USA vs Australia Group D. Get $1,500 First Bet or Bet $10, Get $150 in select states!

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 BetMGM users can use the BetMGM bonus code COVERS50 to claim one of two welcome offers ahead of Friday, June 19. Choose between a $1,500 First Bet available in most states or a Bet $10, Get $150 offer in CO, MI, NJ, PA, and WV, both of which also include $50 in BetMGM Rewards Points. Either option gives you a strong way to get into the action for USA vs. Australia in Group D. Explore more sportsbook promos to see what else is available.

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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: Up to $1,500 Back on USA vs. Australia

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your state. In most states, new users can place a First Bet up to $1,500. If that bet loses, BetMGM returns your entire stake in bonus bets. In CO, MI, NJ, PA, and WV, the offer works differently: place a $10 wager and if it wins, you receive $150 in bonus bets on top of your winnings.

Both offers also include $50 in BetMGM Rewards Points issued instantly upon sign-up. Those points 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 about BetMGM Rewards at the official rewards page.

Here is a breakdown of the key terms for each offer:

  • Code required: COVERS50
  • Minimum deposit: $10
  • First Bet offer: Up to $1,500 back in bonus bets if your first bet loses (available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, WY and others)
  • Bet $10, Get $150: Available in CO, MI, NJ, PA, and WV; $150 in bonus bets issued if your $10 wager wins
  • Bonus bets expire seven days from issuance
  • Offer expires April 30, 2026, at 11:59 p.m. ET

For example, if you are in New Jersey and bet $10 on the United States to win against Australia and your bet wins, you would receive $150 in bonus bets in addition to your cash winnings. If you are in Illinois and place a $200 First Bet on the match and it loses, BetMGM returns $200 in bonus bets. If that same Illinois user bets $1,500 and loses, BetMGM issues five bonus bets worth $300 each, totaling $1,500 back. Wagers under $50 on the First Bet offer result in a single bonus bet rather than five.


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 USA vs. Australia Group D

Follow these steps to sign up with BetMGM bonus code COVERS50 and place your first bet on USA vs. Australia in Group D.

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your personal information ready, including your name, address, email address, and driver's license for identity verification.
  2. Enter the promo code COVERS50 during registration. This step is required to unlock either welcome offer and to receive your $50 in BetMGM Rewards Points instantly. Skipping the code will void the offer.
  3. Make a minimum deposit of $10 using any available payment method. BetMGM accepts credit cards such as Visa and Mastercard, debit cards, bank transfers, PayPal, Skrill, and Play+.
  4. Place your first real-money wager on USA vs. Australia in Group D. In most states, you can bet up to $1,500 and receive your stake back in bonus bets if the bet loses. In CO, MI, NJ, PA, and WV, place at least $10 and receive $150 in bonus bets if your bet wins.
  5. Collect your results. Winning bets are immediately withdrawable in cash. Bonus bets must be used before any payout is available, and BetMGM does not return your stake when using bonus bets. All bonus bets expire seven days from issuance.

Read the full BetMGM bonus review to learn more about what the sportsbook has to offer.


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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