UPGRADED BetMGM Bonus Code COVERS1550: Get $1,500 Bonus + $50 Bonus Bets for UFC 324

Use BetMGM bonus code COVERS1550 for $1500 First Bet + $50 bonus bets on UFC 324. Gaethje vs Pimblett headlines Saturday's card.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 24, 2026 • 13:15 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 generous welcome offer with BetMGM bonus code COVERS1550 ahead of UFC 324 on Saturday, January 24. The $1500 First Bet + $50 bonus bets promotion provides excellent value for betting on the historic card featuring Justin Gaethje vs Paddy Pimblett for the interim lightweight title.

This welcome offer stands out among sportsbook promos with its high limit and guaranteed bonus bets regardless of your first wager's outcome.

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

BetMGM Bonus Code Details for UFC 324 Betting

The BetMGM bonus code COVERS1550 unlocks a comprehensive welcome package for new customers looking to bet on UFC 324. After registering and making a minimum $10 deposit, your first real money wager receives protection up to $1500 if it loses, returned as bonus bets. Additionally, you receive $50 in bonus bets win or lose, making this offer particularly attractive for the Gaethje vs Pimblett main event.

The bonus structure works strategically for UFC betting scenarios. If you wager $100 on Gaethje to win and he loses, you receive your $100 back in bonus bets plus the guaranteed $50 bonus bets. For larger wagers over $50, BetMGM awards five separate bonus bets worth 20% of your qualifying wager each, providing flexibility for betting multiple UFC 324 fights.

Key terms include:

  • Minimum $10 deposit required
  • Bonus bets expire after seven days
  • Available in eligible states only
  • First bet protection up to $1500
  • Guaranteed $50 bonus bets regardless of outcome

Whether you back Pimblett's undefeated UFC streak or Gaethje's veteran experience, this promotion covers your initial investment while providing additional betting opportunities across the stacked card.


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 Welcome Offer

Claiming your BetMGM welcome offer for UFC 324 requires following these straightforward steps:

  1. Register a new BetMGM account using bonus code COVERS1550
  2. Complete identity verification with required documentation
  3. Make your initial deposit of at least $10
  4. Place your first real money wager on any UFC 324 market
  5. Receive bonus bets if your first bet loses, plus guaranteed $50 bonus bets

Your bonus bets become available immediately after settlement and remain valid for seven days. Use them on additional UFC 324 fights like O'Malley vs Song or Lewis vs Cortes-Acosta to maximize your betting experience. Read our comprehensive BetMGM bonus review for complete 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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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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