BetMGM Bonus Code COVERS50: How Iowa Bettors Can Claim $1,500 Offer
Iowa sports bettors looking to wager on Saturday's World Cup Round of 16 clash between Canada and Morocco can take advantage of a major new sign-up offer. By using the BetMGM bonus code COVERS50, new users in Iowa can secure a $1,500 First Bet offer, along with $50 in instant rewards points. Legal sports betting continues to provide Iowans with free-market entertainment options, and this weekend's knockout match offers a prime opportunity to get in on the action.
How does the BetMGM $1,500 First Bet work in Iowa?
Iowa is one of the eligible states for the $1,500 First Bet offer. When you sign up with code COVERS50 and place your first wager on the Canada vs. Morocco match, your initial investment is protected. If your first wager loses, BetMGM returns your entire stake in bonus bets, up to $1,500.
For wagers over $50, the return comes as five bonus bets, each worth 20% of your qualifying stake. For example, if you place a $1,500 bet on Canada to win and it loses, you receive five $300 bonus bets. If your wager is $50 or less, it is returned as a single bonus bet. All bonus bets expire seven days after they are issued.
What is the Bet $10, Get $150 offer?
While Iowans have access to the $1,500 First Bet, residents in Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia have a different option. In those states, the code COVERS50 unlocks a Bet $10, Get $150 offer. Users there place a minimum $10 wager, and if it wins, they receive $150 in bonus bets, issued as three $50 tokens that expire in seven days.
What are BetMGM Rewards Points?
Regardless of which offer you qualify for, every new user who registers with code COVERS50 instantly receives $50 in BetMGM Rewards Points. These points act as a flexible loyalty currency. Bettors can redeem them for several benefits, including bonus credits for digital play at BetMGM, MGM Rewards Points, Marriott Bonvoy Points, merchandise, and Gametime Vouchers. You can find full details on redemption options directly on the BetMGM Rewards page.
How to claim your BetMGM welcome offer
Follow these straightforward steps to sign up and place your first bet on Saturday's knockout match:
- Click through to the BetMGM registration page.
- Enter the bonus code COVERS50 during the sign-up process. The code must be entered at registration, or the offer will not apply to your account.
- Make a minimum deposit of $10 to activate the welcome offer.
- Place your first bet on the Canada vs. Morocco Round of 16 match.
What are the key terms and conditions?
Before placing your wager, make sure you understand the rules governing this promotion:
- New users only; you must be 21 or older and located in an eligible state like Iowa.
- A minimum $10 deposit is required to qualify.
- The $1,500 First Bet is available in AZ, DC, IA, IL, IN, LA, KS, KY, MA, MD, NC, OH, TN, VA, and WY.
- The Bet $10, Get $150 offer is available in CO, MI, NJ, PA, and WV.
- $50 in BetMGM Rewards Points is issued instantly to all new users with code COVERS50.
- Bonus bets expire seven days from issuance and cannot be withdrawn directly as cash.
- Users on self-exclusion lists are not eligible.
Are there other BetMGM promotions for the World Cup?
Beyond the welcome offer, BetMGM is currently featuring