BetMGM Bonus Code COVERS50: Claim $1,500 Bonus Bets for UFC 329 on Saturday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Jul 11, 2026 , 04:15 PM ET • 3 min read

Use BetMGM bonus code COVERS50 for UFC 329 on July 11. Get a $1,500 First Bet or Bet $10, Get $150 in select states.

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 take advantage of two strong BetMGM bonus code offers ahead of UFC 329 on Saturday, July 11. Enter code COVERS50 to unlock either a $1,500 First Bet (in most states) or the Bet $10, Get $150 offer available in CO, MI, NJ, PA, and WV. Both deals also come with $50 in BetMGM Rewards Points instantly.

Whether you are eyeing a $1,500 First Bet or the $150 bonus, these are among the best sportsbook promos available for fight night.

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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: How the UFC 329 Offer Works

The BetMGM bonus code COVERS50 unlocks one of two welcome offers depending on your state. In most states, you get a $1,500 First Bet, meaning if your first wager on UFC 329 loses, BetMGM returns your entire stake as bonus bets, up to $1,500. In CO, MI, NJ, PA, and WV, the offer is Bet $10, Get $150, which pays out $150 in bonus bets if your first $10 wager wins.

Here is how each offer breaks down:

  • A minimum $10 deposit is required to qualify for either offer.
  • $1,500 First Bet: If your first bet on the McGregor vs. Holloway main event loses, you receive your stake back in bonus bets, up to $1,500. Wagers above $50 are returned as five bonus bets, each worth 20% of your original stake. Wagers of $50 or less come back as one bonus bet.
  • Bet $10, Get $150 (CO, MI, NJ, PA, WV): Place a $10 bet on UFC 329. If it wins, you receive $150 issued as three $50 bonus bets.
  • All bonus bets expire seven days from issuance.
  • Regardless of outcome, all new users receive $50 in BetMGM Rewards Points instantly upon signing up with code COVERS50.

For example, if you place a $1,500 bet on Conor McGregor to win and the fight does not go your way, BetMGM will credit your account with five $300 bonus bets totaling $1,500. In the Bet $10, Get $150 states, a winning $10 bet on Max Holloway would earn you $150 in bonus bets on top of your normal payout. The $50 in BetMGM Rewards Points you receive instantly can be used for bonus credits on digital play at BetMGM, converted to MGM Rewards Points, applied toward Marriott Bonvoy Points, redeemed for merchandise, or used as Gametime Vouchers for live events.

Make sure to visit our WC26 picks page to check out all of our daily picks, predictions, and more!


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 UFC 329

Claiming your BetMGM welcome bonus ahead of UFC 329 is straightforward. Follow these steps to get started before the fights begin on Saturday, July 11.

  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 BetMGM bonus code COVERS50 during sign-up. 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 $10 deposit using any available payment method. BetMGM accepts credit cards such as Visa and Mastercard, debit cards, bank transfers, Play+, Skrill, and PayPal.
  4. Place your first wager on UFC 329. You can bet on the McGregor vs. Holloway main event, the Benoît Saint Denis vs. Paddy Pimblett co-main, or any other fight on the card across available markets including moneylines, props, and parlays.
  5. If you are in most states and your first bet loses, bonus bets up to $1,500 will be credited to your account. If you are in CO, MI, NJ, PA, or WV and your first $10 bet wins, you will receive $150 in bonus bets issued as three $50 credits.
  6. Winning cash bets are immediately withdrawable. Bonus bets must be used before any payout from them becomes available, and BetMGM does not return your stake when using bonus bets.

For a full breakdown of terms and user experience details, check out the BetMGM bonus review.


More BetMGM Sportsbook promos, bonuses, and offers

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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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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.

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