BetMGM Bonus Code 'CVRBONUS1500' Gives A $1,500 First Bet On MLB Or NFL On Thursday

Get up to $1,500 in bonus bets with BetMGM bonus code CVRBONUS1500 for Thursday Night Football and MLB Playoffs action on October 16.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Oct 16, 2025 • 07:15 ET • 3 min read
BetMGM bonus code for Steelers vs Bengals + the MLB Playoffs
Photo By - Use BetMGM bonus code "CVRBONUS1500" to get up to $1,500 bonus bets back if your first bet loses. - IMAGN IMAGES

Thursday Night Football delivers a rare quarterback matchup on October 16 as 41-year-old Aaron Rodgers leads Pittsburgh against 40-year-old Joe Flacco and Cincinnati. New BetMGM users can claim up to $1,500 in bonus bets using BetMGM bonus code CVRBONUS1500 to wager on this historic quarterback showdown and the ongoing MLB playoffs. Take advantage of current sportsbook promos before kickoff Thursday night.

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$1,500 First Bet
CVRBONUS1500

Get the latest BetMGM bonus code CVRBONUS1500 offer details

The BetMGM bonus code CVRBONUS1500 provides new customers with protection on their first wager up to $1,500. After registering and making a minimum $10 deposit, place your first real money bet on any market including the Steelers-Bengals game or MLB playoff matchups. If your initial wager loses, BetMGM returns your stake as bonus bets within 24 hours.

The bonus bet structure depends on your wager amount. Bets over $50 receive five separate bonus bets, each worth 20% of your original stake, while smaller wagers receive one bonus bet equal to your loss. For example, a losing $1,000 bet on Pittsburgh to cover the spread would return five $200 bonus bets totaling $1,000. All bonus bets expire after seven days and cannot be withdrawn directly.

This welcome offer applies to new users in eligible states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming, plus Washington D.C. and Puerto Rico.


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

BetMGM Bonus Code Eligible States
 "COVERS1500" AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)

How to claim your BetMGM bonus for Thursday Night Football

Claiming your BetMGM welcome bonus takes just minutes before Thursday's 8:15 p.m. ET kickoff. Follow these steps to secure your bonus bets:

  1. Click the BetMGM registration link and enter bonus code CVRBONUS1500 during account creation
  2. Complete identity verification with your driver's license and personal information
  3. Make your first deposit of at least $10 using any accepted payment method
  4. Place your qualifying first bet on Thursday Night Football, MLB playoffs or any available market
  5. Receive bonus bets within 24 hours if your initial wager loses

Your bonus bets arrive ready to use on any sport or betting market, giving you multiple chances to profit from the veteran quarterback battle and playoff baseball action. Read our comprehensive BetMGM bonus review for additional details on terms and conditions.


More sportsbook promos, bonuses, and offers from BetMGM

  • Get A Second Chance On First TD Bets: Get your Stake back if your First TD Scorer pick scores the second TD instead! 
  • 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.

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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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