BetMGM Bonus Code COVERS50: Make $1,500 First Bet on Wimbledon, Get Bonus Bets Back

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Jun 28, 2026 , 07:15 AM ET • 3 min read

Use BetMGM bonus code COVERS50 for Wimbledon and 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 users can use the BetMGM bonus code COVERS50 to unlock one of two welcome offers ahead of Wimbledon. As of Sunday, June 28, new customers in most states can claim a $1,500 First Bet, while users in CO, MI, NJ, PA, and WV can opt for a Bet $10, Get $150 offer instead. Both deals also include $50 in BetMGM Rewards Points just for signing up.

Enter the code COVERS50 at registration to make sure you do not miss out on either sportsbook promos.

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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 Wimbledon Welcome Offer Works

The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on your state. Understanding which one applies to you is important before you place your first Wimbledon wager.

In most eligible states, new users receive a $1,500 First Bet. If your first bet on a Wimbledon match, say Jannik Sinner to win his opening round, loses, BetMGM returns your full stake in bonus bets up to $1,500. If your qualifying wager is over $50, the bonus is split into five equal bonus bets. For example, a $1,500 losing bet on Sinner would return five $300 bonus bets. If your wager is $50 or less, you receive one bonus bet for the full amount. Bonus bets expire seven days after they are issued.

Users in CO, MI, NJ, PA, and WV have access to a different offer. Place a $10 wager on any Wimbledon market and if it wins, you receive $150 in bonus bets on top of your normal winnings. This bonus is issued as three $50 bonus bets, also expiring seven days from issuance. A minimum $10 deposit is required to qualify.

  • Code required: COVERS50
  • $50 in BetMGM Rewards Points awarded instantly to all new users upon sign-up, regardless of bet outcome
  • $1,500 First Bet available in AZ, DC, IA, IL, IN, KS, KY, LA, MA, MD, NC, OH, TN, VA, and WY
  • Bet $10, Get $150 available in CO, MI, NJ, PA, and WV (bet must win)
  • Bonus bets cannot be withdrawn directly and do not return your stake when used

BetMGM Rewards Points are not just a sign-up perk. They can be redeemed for bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. You can find full details on how to use your points at the BetMGM Rewards page.


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 $1,500 First Bet or Bet $10, Get $150 for Wimbledon

Claiming your BetMGM welcome offer for Wimbledon is straightforward. Follow these steps to get started before the tournament gets underway.

  1. Download the BetMGM app or visit the BetMGM website to begin the registration process. Have your name, address, email address, and driver's license ready to speed things up.
  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 promotion.
  3. Make a minimum $10 deposit using any accepted payment method, including Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
  4. Place your first real-money wager on any Wimbledon market. Options include moneylines on match winners, set betting, player props, futures such as tournament outright winners, and same-game parlays. If you are in most states, a losing bet returns your stake up to $1,500 in bonus bets. If you are in CO, MI, NJ, PA, or WV, a winning $10 bet earns you $150 in bonus bets.
  5. Winning bets pay out immediately and are withdrawable right away. Bonus bets must be played through before any payout from them is available. Bonus bets expire seven days after issuance.

For a full breakdown of terms and everything BetMGM has to offer, read the complete 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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