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Use the BetMGM bonus code COVERS50 to unlock one of two welcome offers ahead of Cavaliers vs. Raptors Game 6 on Friday, May 1. New users in most states can place a First Bet up to $1,500, getting bonus bets back if it loses, plus $50 in BetMGM Rewards Points instantly. New users in CO, MI, NJ, PA, and WV can instead Bet $10 and Get $150 in bonus bets if it wins. Both offers are available now at BetMGM, and you can browse other sportsbook promos to compare your options before signing up.
COVERS50
COVERS50
BetMGM Bonus Code COVERS50: Up to $1,500 for Cavs vs. Raptors Game 6
The BetMGM bonus code COVERS50 unlocks two distinct welcome offers depending on where you live. In most eligible states, including AZ, IL, IN, MA, MD, NC, OH, TN, VA, and more, new users can place a First Bet up to $1,500 on Game 6. If that bet loses, BetMGM returns your entire stake in bonus bets, up to $1,500. Wagers above $50 are returned as five bonus bets worth 20% each of your qualifying stake, while wagers of $50 or less come back as a single bonus bet.
For example, if you placed a $1,500 moneyline bet on the Cavaliers to close out the Raptors in Toronto and it lost, you would receive five $300 bonus bets totaling $1,500. Regardless of the outcome of your first bet, all users who enter code COVERS50 receive $50 in BetMGM Rewards Points instantly upon signing up. Bonus bets expire seven days from issuance, and the offer itself is available until April 30, 2026, at 11:59 p.m. ET.
New users in CO, MI, NJ, PA, and WV have access to a different offer: Bet $10 on Game 6, and if your wager wins, you receive $150 in bonus bets. That $150 is issued as three $50 bonus bets, also expiring seven days from issuance. Win or lose, you still collect $50 in BetMGM Rewards Points. A minimum $10 deposit is required to qualify for either offer.
BetMGM Rewards Points are part of the MGM Rewards program and can be redeemed for a variety of perks, including bonus credits for digital play at BetMGM, MGM Rewards Points for use at MGM properties, Marriott Bonvoy Points, merchandise, and Gametime Vouchers for live events.
Learn more at BetMGM Rewards.
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 Cavaliers vs. Raptors Game 6
Claiming your BetMGM welcome offer before Friday night’s tipoff at Scotiabank Arena is straightforward. Follow these steps to get started with either the $1,500 First Bet offer or the Bet $10, Get $150 offer in CO, MI, NJ, PA, and WV.
- Download the BetMGM app or visit the BetMGM website and click to register a new account.
- Enter BetMGM bonus code COVERS50 during registration to activate your welcome offer and receive your $50 in BetMGM Rewards Points instantly.
- Deposit at least $10 using an accepted payment method such as Visa, Mastercard, PayPal, Skrill, Play+, or bank transfer.
- Place your first real-money wager on Cavaliers vs. Raptors Game 6, choosing from markets like moneylines, point spreads, totals, player props, or same-game parlays.
- If you are in most eligible states and your first bet loses, you will receive bonus bets back up to $1,500. If you are in CO, MI, NJ, PA, or WV and your $10 bet wins, you will receive $150 in bonus bets issued as three $50 credits.
- Use your bonus bets within seven days of issuance. Winning cash bets are withdrawable immediately, but bonus bets must be played through before any payout is available.
For a full breakdown of terms and what to expect from this sportsbook, read the BetMGM bonus review.
More BetMGM Sportsbook promos, bonuses, and offers
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This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.
