NEW BetMGM Bonus Code COVERS1550: $1,500 Bonus + $50 Bonus Bets for Justin Gaethje vs. Paddy Pimblett

Use BetMGM bonus code COVERS1550 for UFC 324 Gaethje vs Pimblett. Get $1,500 First Bet protection plus $50 bonus bets win or lose on Saturday.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 24, 2026 • 19:15 ET • 3 min read
Photo By - Use BetMGM bonus code "COVERS1550" to get up to $1,500 bonus bets back if your first bet loses and $50 bonus bets, win or lose.. - IMAGN IMAGES

New users can claim a massive welcome offer with BetMGM bonus code COVERS1550 ahead of UFC 324 on Saturday, January 24.

This promotion provides $1,500 First Bet protection plus $50 bonus bets for the highly anticipated interim lightweight championship clash between Justin Gaethje and Paddy Pimblett. Saturday's card marks UFC's return after a six-week break, making it an ideal opportunity to explore sportsbook promos and place your first wager.

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$1,500 First Bet + $50 Bonus Bets
COVERS1550

BetMGM Bonus Code Delivers Maximum Value for UFC 324

The BetMGM bonus code COVERS1550 offers exceptional value for new customers looking to bet on Gaethje vs Pimblett. This welcome promotion requires a minimum $10 deposit and provides up to $1,500 back in bonus bets if your first wager loses, plus an additional $50 in bonus bets regardless of the outcome. The offer is available to new users in eligible states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

For example, if you place a $1,000 first bet on Paddy Pimblett to win the interim lightweight title and he loses, BetMGM will credit your account with five bonus bets worth $200 each, totaling $1,000. You'll also receive the $50 bonus bets win or lose. If Pimblett wins your bet, you keep your winnings and still receive the $50 bonus bets. All bonus bets expire after seven days and must be used before you can withdraw any potential winnings.

Key terms and conditions include:

  • Minimum $10 deposit required
  • First bet protection up to $1,500
  • $50 bonus bets awarded win or lose
  • Bonus bets expire in seven days
  • Available for new customers only

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

BetMGM Bonus Code Eligible States
 COVERS1550 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)

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How to Claim Your UFC 324 Betting Bonus

Follow these simple steps to claim your welcome offer and bet on the Gaethje vs Pimblett showdown:

  1. Register a new BetMGM account using bonus code COVERS1550
  2. Complete identity verification with your driver's license
  3. Make a minimum deposit of $10 to your new account
  4. Place your first real money wager on any UFC 324 market
  5. Receive bonus bets if your first bet loses, plus $50 bonus bets regardless

This promotion gives you multiple opportunities to profit from Saturday's card, whether you back the experienced Gaethje or the rising star Pimblett. Read our comprehensive BetMGM bonus review for additional details about this welcome offer and the sportsbook's features.


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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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.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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