BetMGM Bonus Code COVERS: Get up to $1,500 Bonus Bets for Monday Night Football, WNBA Finals & More

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 19, 2026 , 08:01 AM ET • 3 min read

Use the BetMGM bonus code COVERS for a $1,500 First Bet on Monday Night Football, the WNBA Finals, NBA Tip-Off and more.

Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses!
Photo By - Use BetMGM bonus code COVERS to get up to $1,500 bonus bets back if your first bet loses!

Use the BetMGM bonus code COVERS on Oct. 19 to unlock a $1,500 First Bet offer. A code is required, and new users can also get $150 in bonus bets if a $10 first bet wins in select states.

These are among the top sportsbook promos for Monday Night Football, the WNBA Finals, NBA Tip-Off, and the World Series.

BetMGM Logo
$1,500 First Bet
COVERS

BetMGM bonus code details

BetMGM New Customer Offer $1,500 First Bet Offer
BetMGM Bonus Code COVERS
Minimum Deposit $10
Qualifying Bet $1 to $1,500
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY
T&Cs

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM 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. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Date Verified October 19
Info Confirmed By Michael Hoad

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Claim the BetMGM Bonus Code for Monday Night Football and More

The BetMGM bonus code COVERS is required to activate the welcome offer, and it can be used on Monday Night Football, the WNBA Finals, NBA Tip-Off or the World Series. Two offers are available depending on where you live. In AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY, you get the $1,500 First Bet. In CO, MI, NJ, PA and WV, you can bet $10 and get $150 in bonus bets if your bet wins.

For the $1,500 First Bet, you must make a $10 initial deposit and place a real money wager to activate the welcome bonus. Use Monday Night Football as your first bet and treat it as day 1 of the offer. Here is how the $1,500 First Bet works:

  • If your first bet loses, you receive your stake back, up to $1,500, in bonus bets.
  • If you wager more than $50, BetMGM awards five bonus bets, each worth 20% of your qualifying wager.
  • If you wager less than $50, you receive one bonus bet.
  • Bonus bets expire after seven days.
  • The offer must be claimed by 11:59 p.m. ET on Oct. 18, 2026.
  • Users on any self-exclusion list cannot use BetMGM.

Here is an example for Monday Night Football. If you wager $1,500 on the game and the bet loses, you receive five $300 bonus bets, adding up to $1,500. If you wager $40 and the bet loses, you receive one $40 bonus bet.

For the bet $10, get $150 offer, a winning $10 bet on Monday Night Football earns you $150 in bonus bets. Winning bets are immediately withdrawable, but bonus bets must be wagered before any payout is available. Only winnings from bonus bet wagers are returned, not the bonus itself.

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    What is the BetMGM Bonus Code?

    The BetMGM promo code is COVERS. Enter it at signup and deposit at least $10 to access a state-specific welcome offer: up to $1,500 in bonus bets if your first bet loses, or $150 in bonus bets if your qualifying $10 first bet wins.

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

    BetMGM Bonus Code Eligible States
    COVERS AZ, CO, IA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)


    How to Claim the $1,500 First Bet and $150 Bonus Bets Offer

    Follow these steps to claim your BetMGM welcome offer and bet on Monday Night Football:

    1. Download the BetMGM app and register as a new user.
    2. Enter your name, address, email address and phone number.
    3. Enter the BetMGM bonus code COVERS during sign-up to activate the offer.
    4. Deposit at least $10 using your preferred payment method.
    5. Place your first real money wager on Monday Night Football.
    6. Receive your bonus bets based on your eligible state and the result of your bet.

    Read the full BetMGM bonus review before you sign up.


    More BetMGM Sportsbook promos, bonuses, and offers

    • Welcome to MGM Rewards: Earn MGM Rewards Points and redeem them for hotel stays, dining, entertainment, and more.

    BetMGM responsible gambling features

    BetMGM partners with GameSense to provide responsible gambling resources designed to help bettors manage their activity. The operator offers educational resources focused on setting personal betting limits, along with tools such as deposit limits and self-exclusion periods to help customers stay within their means.

    BetMGM also provides access to national and state-level organizations specializing in responsible gambling support. These services are confidential, with many available 24/7 throughout the year.


    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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    Carson Deveau - Covers
    Sports Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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