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The 5 Best NBA Promos & Betting Sites 2024

The NBA season is in full swing and new and existing customers can always find top promotions from the best sports betting sites across the country. While there are still over 30 games to go, many teams, such as the Boston Celtics and Minnesota Timberwolves, are emerging as top contenders for the NBA Finals.

While FanDuel provides our favorite and most straightforward offer, there are a plethora of welcome offers available from all the top sportsbooks.

Here are the best current offers for NBA bets or any other sport you prefer:

1. FanDuel

FanDuel tops our list and provides new customers with $200 in bonus bets with their first $5 wager. The $5 bet can be on any market or odds to earn the bonus no matter how the bet settles.

For example, you could take any odds like the Milwaukee Bucks -535 to win outright against the Portland Trailblazers on Wednesday night. Whether they win or not, you earn the $200 bonus which can be split across multiple bets and lasts for seven days.

Here’s how to sign-up for the FanDuel promo code offer.

  1. First, navigate to the FanDuel sign-up page.
  2. Click the yellow join now button to create a new account.
  3. Make at least a $10 deposit.
  4. Place a minimum $5 on any market or odds.

2. BetMGM

The BetMGM bonus code offers new customers the choice between two introductory offers of which customers can activate one. The 20 percent deposit match is available in all locations besides D.C. and Kentucky, while D.C. and Kentucky new bettors can still activate the Bet/Get promo.

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The 20 percent deposit match is activated with at least a $10 deposit, earning $2 in sports bonus up to a maximized $7,500 deposit, earning the full $1,500 bonus.

This offer is unique in that no initial wager is required to earn the sports bonus. However, BetMGM requires you to wager 10x the bonus within 30 days to withdraw cash winnings.

Let’s say you made a $100 deposit which would earn $20 in sports bonus.

  • The $20 in bonus would be valid for seven days and can profit cash. However, that cash cannot be withdrawn until you meet the 10x wagering requirement.
  • You’ll need to wager $200 in total cash bets within 30 days to withdraw any cash winnings.

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Alternatively, new customers can set up an account and make at least a $10 deposit and $5 bet on any odds to earn $158 in bonus bets. The $158 number may seem strange but it is in honor of the upcoming Super Bowl LVIII.

This is a straightforward Bet/Get promo like FanDuel’s in that the wager alone earns the bonus bets whether it wins or not. These bonus funds must be used within seven days of hitting your account.

3. bet365

bet365 continues to be a fan favorite and is now available in eight legal sports betting states — Indiana, New Jersey, Ohio, Virginia, Louisiana, Kentucky, Iowa, and Colorado. New bettors in any location have the choice between two introductory offers with the bet365 bonus code NYPNEWS.

$2K First Bet Safety Net

This is currently the largest first bet insurance offer among all sportsbooks. Your first bet is covered, if it misses, up to a maximum $2,000 in bonus bets.

Imagine you want to pick an upset from the Wednesday night NBA slate and you place $100 on the Houston Rockets +110 over the New Orleans Pelicans.

  • A win would profit $110 and return the $100 but doesn’t earn the bonus
  • Meanwhile, if the bet loses, you would earn $100 of bonus bets to recoup the stake loss

Bet $5, Get $150

While this is a straightforward Bet/Get promo, you’ll need to navigate the odds requirement of -500 or longer. The example we used earlier with the Bucks moneyline -535 wouldn’t be eligible.

However, we can still find favored odds that would qualify, such as the Orlando Magic -200 vs. the San Antonio Spurs. Let’s say you placed $5 on the Magic moneyline.

  • A win profits $2.50, returns the $5 stake, and earns the $150 in bonus bets
  • If the Magic lose, you still earn the $150 in bonus bets

bet365 bonus bets work the same for either offer and are valid for seven days to use within the platform or bet365 mobile app, one of the top sports betting apps in the nation.

4. Fanatics Sportsbook

Fanatics is rapidly expanding and recently launched in Pennsylvania. Fanatics Sportsbook currently offers three promo variations, so check below to verify your state’s offer.

Bet $100, Get $100 of bonus bets each day over 10 days

Available in: CO, CT, KY, MA, OH, PA, TN, WV

This promo is similar to a Bet/Get deal; however, the payout structure is across 10 continuous days of the promotion. You earn bonus bets each day you make at least a $100 bet on odds -200 or greater.

For example, on the first day, you place $100 on Miami to cover -1.5 (-110) against Sacramento. The bet wins, and now you have $191.91 in cash and the $100 bonus bets.

The second day you place $100 on a hockey player prop and it misses. While you now have $91.91 in cash, you earned more bonus bets.

Each day can earn a maximum of $100 in bonus bets with that minimum $100 wager for a total of $1,000 in bonus bets over 10 days.

Bet $10+ each day, Earn enough FanCash for a jersey

Available in: MD, VT

This offer is structured similarly to the 10 day promotion in that you’ll need to wager at least $10 each day. This earns $40 in FanCash per day over five days which can be used on official merchandise in the Fanatics store or converted to bonus bets to use in the sportsbook.

Bet $10+, Earn $40 of bonus bets each day over five days

Available in: VA

Finally, the Virginia promo is almost the exact same as the Maryland and Vermont promo, requiring at least $10 each day on any market or odds. You can bet more, but it can only earn the maximum $40 of bonus bets each day for five days.

You can skip a day of betting for any of these promos but it’ll limit how big of a bonus you can earn.

5. Caesars Sportsbook

Finally, the Caesars Sportsbook promo code NYPNEWS1000 offers a first bet insurance up to $1,000 in bonus. This works the same as the other first bet insurance offers on this page where a first bet win profits cash while a miss is reimbursed by bonus bets.

For example, you could place $500 on a +611 parlay for the Miami Heat, Orlando Magic and Denver Nuggets to cover the spread on Wednesday night.

  • A win profits $3,055 and returns the $500 stake
  • A miss is covered with a $500 bonus bet from Caesars Sportsbook

It’s important to note that Caesars reimburses you with a single bonus bet that equals whatever your stake was and you can’t split up the bonus. A minimum $10 bet that misses earns a $10 bonus bet while a $1,000 stake is recouped with a $1,000 bonus bet that has to be used on one bet.

Honorable Mention: DraftKings

Any sports betting site list would be incomplete without betting behemoth DraftKings. DraftKings is offering $200 in bonus bets instantly with a $5+ bet on any market.

You’ll need at least a $5 deposit and wager on anything. The wager alone earns the bonus bets, giving new customers the chance to profit cash along with the bonus.

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