The BetMGM bonus code COVERS50 unlocks two welcome offers for new users ahead of UFC 328 on Saturday, May 9 -- a $1,500 First Bet available in most states, or a Bet $10, Get $150 offer in CO, MI, NJ, PA, and WV. No matter which offer fits your state, both come with $50 in BetMGM Rewards Points just for signing up. Use code COVERS50 to claim $1,500 in bonus bets or explore other sportsbook promos before the action kicks off in Newark.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: How to Claim Up to $1,500 for UFC 328
New users can activate the BetMGM bonus code COVERS50 to access one of two welcome offers depending on their state. In most states, BetMGM offers a $1,500 First Bet, meaning if your first wager on UFC 328 loses, you get your entire stake back in bonus bets, up to $1,500. In CO, MI, NJ, PA, and WV, the offer is Bet $10, Get $150 -- place a $10 wager and if it wins, you receive $150 in bonus bets on top of your winnings.
Both offers require a minimum $10 deposit and an initial real-money wager to activate. For the $1,500 First Bet offer, if you bet $1,500 on Khamzat Chimaev at UFC 328 and lose, BetMGM returns your stake as five bonus bets worth $300 each. If you wager under $50 and lose, you receive one bonus bet equal to your stake. For the Bet $10, Get $150 offer, if your $10 bet on Sean Strickland wins, you collect your winnings plus three $50 bonus bets totaling $150.
Regardless of which offer applies to your state, all new users receive $50 in BetMGM Rewards Points instantly upon signing up with code COVERS50. BetMGM Rewards Points can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. Bonus bets from either offer expire seven days from issuance and must be used before any payout is available. Both offers are valid until April 30, 2026, at 11:59 p.m. ET and are only available to new BetMGM users who are not on any self-exclusion lists.
- Minimum $10 deposit required to qualify for either offer
- $1,500 First Bet available in most states; Bet $10, Get $150 available in CO, MI, NJ, PA, and WV
- $50 BetMGM Rewards Points issued instantly to all new users with code COVERS50
- Bonus bets expire seven days from issuance
- Offer expires April 30, 2026, at 11:59 p.m. ET
- BetMGM does not return your stake when using bonus bets
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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What to Bet at UFC 328 in Newark
UFC 328 in Newark is one of the most stacked cards the promotion has put together all year, making it an ideal event to place your first BetMGM wager. The main event pits Khamzat Chimaev against Sean Strickland in a matchup that has generated enormous buzz, while the co-main event features flyweight champion Joshua Van defending his title against unbeaten contender Tatsuro Taira in what could be a future classic between two of the division's brightest young stars.
The undercard adds even more betting opportunities across multiple divisions. Heavyweight contenders Alexander Volkov and Waldo Cortes-Acosta clash in a bout with serious title implications at 265 pounds, and Sean Brady vs. Joaquin Buckley delivers a welterweight collision between elite grappling and knockout power. Further down the card, veterans like Jim Miller and Jeremy Stephens bring name value to the prelims alongside rising prospects and high-action matchups that could easily outshine the featured bouts.
With so many compelling fights across the entire card, UFC 328 gives new BetMGM users plenty of markets to target with their first wager, from moneylines and method-of-victory props to round betting and same-game parlays. Whether you are backing a heavy favorite or looking for value on an underdog, the depth of this card makes it one of the better events of the year to get started on BetMGM.
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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.
