BetMGM Bonus Code 'CVRBONUS1500' Unlocks $1,500 Bonus for Magic vs Cavaliers

Bet $1,500 First Bet for the Magic vs. Cavaliers game with BetMGM promo code “CVRBONUS1500” for full bonus bet coverage!

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Nov 1, 2024 • 17:39 ET • 3 min read
BetMGM Bonus Code for Magic vs Cavs
Photo By - Imagn Images

Take your shot on tonight’s Magic vs. Cavaliers game with the BetMGM bonus code "CVRBONUS1500," providing up to $1,500 in First Bet coverage for new users. Like other sportsbook promos of this nature, BetMGM, protects your first bet, making it a great way to start betting on tonight’s match-up. 

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$1,500 in Bonus Bets
CVRBONUS1500

How our BetMGM bonus code works for Friday night basketball

This BetMGM bonus code, "CVRBONUS1500," covers up to $1,500 of your first wager if it loses. New customers simply need to deposit a minimum of $10 and place an initial real money wager on the Magic vs. Cavaliers game. If that first bet falls short, BetMGM will return the full stake in bonus bets, letting you try again with bonus funds.

Bets over $50 qualify for five bonus bets, each representing 20% of the initial wager. Bets under $50 receive one bonus bet equal to the initial stake. This BetMGM sign-up bonus offer is available until Dec. 31, 2024, providing plenty of time to use the promo for tonight's basketball action.

BetMGM bonus funds are valid for seven days, giving you a full week to redeem your bonus bets across various markets. Keep in mind that bonus bets cannot be withdrawn and must be wagered first before any winnings become accessible.

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Offer available to first-time customers in the following states: AZ, CO, IL, IN, IA, KS, LA, MD, MA, MI, MS, NC, NV, NJ, OH, PA, TN, VA, WV, WY. Not intended for use in MA. Not available to new bettors in DC, NV, or NY. Not available to residents of Ontario, CA.

How to claim your First Bet for Magic vs Cavs

To get started with BetMGM’s sign-up offer for the Magic vs. Cavaliers, follow these steps:

  1. Register: Visit BetMGM’s site, enter your details, and use promo code "CVRBONUS1500."
  2. Deposit: Add a minimum of $10 to your account balance.
  3. Place Bet: Bet on the Magic vs. Cavaliers, and if you lose, get your wager returned in bonus bets.

Curious about BetMGM? Check out our BetMGM Review for more information.

BetMGM odds for Magic vs Cavs

Sportsbook promos comparison

Choosing the right sportsbook promo for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.

BetMGM DraftKings FanDuel
Current Bonus $1,500 Bonus Bets Back Bet $5, Get $200, Win or Lose Bet $5, Get $150 If It Wins
Promo Code CVRBONUS1500 None Required None Required
Bonus Type Second Chance Bet Bet & Get Bet & Get
Bonus Amount One (< $50) or five (> $50) bonus bets $200 Bonus Bets $150 Bonus Bets
Wagering Period Seven Days Seven Days Fourteen Days
Min. Deposit $10 $5 $10

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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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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