Best NBA Betting Promos & Offers in October 2024

Each of the NBA betting promo codes provides benefits that you will receive for creating a new account. We'll go over each of these to let you know what you'll receive when signing up for an NBA promo code, as this will help you determine which of these NBA promo deals you want to sign up for (but do keep in mind that you can sign up for as many of these NBA betting promo codes as you like on these sports betting apps).

BetMGM NBA Betting Promo

The BetMGM bonus code delivers a first-bet offer up to $1,500 to new customers. The peak value here is among the highest for all sports betting sites, as you will get a bonus bet refund of your opening wager amount if that bet loses.

Another differentiator here as compared to other sports betting sites is that initial losses of $50 or more get that bonus bet refund divided over five equal bonus bets, thus giving you more flexibility that can be found through other NBA betting promo codes.

Caesars Sportsbook NBA Betting Promo

The Caesars Sportsbook promo code is a very enticing NBA betting promo code offer, as Caesars Sportsbook will cover your opening wager loss up to $1,000. This initial wager can be on just about any type of bet, and if that bet loses, this NBA promo will help nullify that loss with a bonus bet of identical value.

One standout element that places this among the best welcome offers is that the bonus bet has a 14-day usage window. This is double the seven-day window that is typically offered with bonus bets.

Fanatics Sportsbook NBA Betting Promo

The Fanatics Sportsbook promo code has something that other promos don't offer, which is the ability to get up to $1,000 in bonus-bet credit to cover daily losses over your first 10 days betting on the site. Once you have signed up for this NBA promo, one selected bet you make over each of the next 10 days (-500 odds or longer to qualify) will be matched with a bonus bet of equal value, up to $100, if it settles as a loss.

This means if you make a qualifying wager of $100 for each day, you could get $1,000 in bonus-bet credit over the 10-day span this NBA promo code lasts for to cover a loss on your selected bet. 

bet365 NBA Betting Promo

You will get a choice of NBA bonuses when signing up for the bet365 bonus code, as you will get to pick between a $1,000 first-bet safety net or a Bet $5, Get $200 in bonus bets offer. The first-bet safety net matches the value provided by some rival NBA promos, as it offsets an initial wager loss with a bonus bet of identical value (up to $1,000).

The Bet $5, Get $200 in bonus bets is very attractive, too, as all you need to do is place a real money wager of $5 or more after signing up for this NBA betting bonus code and then you will receive $200 in bonus bets.

FanDuel NBA Betting Promo

The FanDuel promo code is one of the top NBA betting promos because it lands first-time customers a Bet $5, Win $300 in bonus bets deal. This NBA promo code is as direct as it sounds, as once you have created a new FanDuel account and made a real money wager of $5 or more, and you will then find $300 in bonus bets in your account within 72 hours if the first bet wins

These bonus bets can be used all at once or divided up into multiple smaller increments of any denomination and you can then use that NBA betting bonus to place your pro basketball bets.

DraftKings NBA Betting Promo

You can benefit immediately from the DraftKings promo code, as this NBA bonus has a Bet $5, Get $200 in bonus bets instantly offer.

To qualify, just create a new DraftKings account and place a real money wager of $5 or more on any NBA odds (or any other sports betting market). This will result in $200 being sent immediately to your account, win or lose, as eight $25 bet credits. That instant delivery makes this one of the top NBA betting promos, as it allows you to start placing wagers very quickly after signing up.

ESPN BET NBA Betting Promo

The ESPN BET promo code gives you plenty of downside protection for your first bet, as you will get up to $1,000 in bonus bets if your first bet loses. This is a strong deal among NBA betting sites, because if your opening wager is a loss, you get an equal value in bonus bets (up to $1,000) sent your way via this NBA betting bonus. The bonus bets are divided into five equal parts.

The top NBA betting promos have features that set them apart. We use these to help rank the NBA promos and help you determine which of these NBA bonuses are the best fit for your NBA betting.

• Playthrough requirements: When you receive a bonus bet through an NBA betting bonus code, it will come with a playthrough requirement. This determines how many times you will need to place a winning bet with the bonus bet in order to get withdrawable cash profits. In the case of all of the NBA bonuses listed here, that playthrough requirement is 1x, meaning you need just one win to get cash. Note that the bonus bets themselves can't be cashed out.
• Odds requirements: In most cases, the NBA bonus bet you receive will have no odds requirements, which indicates you can place it on any wager. In some cases there are odds restrictions, but those are typically easy to qualify for (such as -200 odds, meaning -300 would not qualify but -180 or +120 would).
• Variety of bet types: The best NBA betting bonus code sites have a very wide selection of bet types. This can include NBA player props and parlays, but any type of game props or creative wager types will give an NBA bonus extra credit in our evaluation.
• Variety of betting markets: Fans want to be able to bet on all aspects of NBA games, yet bettors will also want to wager on the college basketball, WNBA, college football or any of dozens of other sports betting markets. We take this into account when compiling NBA betting promo codes recommendations.

NBA betting promos work by granting new customers a sign-up bonus in exchange for creating an account. Savvy customers will aim to utilize multiple NBA bonuses, as doing so not only provides multiple chances at bonus bets, but also gives them access to different odds markets.

This can allow for odds comparisons that can either help increase your win rate or the payout that you receive from various wagers wins when betting on NBA games.

Types of NBA Betting Bonuses

One of the best ways to navigate the various NBA betting promo codes is to familiarize yourself with the different types of NBA betting bonuses that are available. The following list of eight of the most common NBA betting bonuses should assist you in this effort.

Odds Boosts

Odds boosts allow you to get a higher payout on a specific bet. For example, an online sportsbook may decide to give an NBA futures odds boost on the Boston Celtics to win the NBA championship from +300 to +400. If you make that wager and the Celtics win the title, your payout would then be larger than it would have been otherwise.

Insurance

There are many different forms of insurance, with the most common one being used in the world of parlays. For instance, let's say you decide to bet $10 on a four-leg parlay when betting on NBA championship odds and only three of those legs wins. If you have parlay insurance on that wager, it will refund that $10 betting stake with a $10 bonus bet because you were only one leg away from winning. This insurance usually has a cap of around $20 or $25.

Bet & Get

Bet-and-Get deals as NBA betting promos require that you make an initial small real money wager (typically $5) and then give you bonus bets in return. This bonus bet value (typically between $100 and $200) is then sent to your account. This can be either in a lump sum (as through the FanDuel promo code) or through multiple bonus bets (as is the case with the DraftKings promo code).

As you might expect, this is one of the most popular types of NBA betting promo codes, so be sure to pursue this type of deal when it is are available. Note that some deliver bonus bets no matter how your first bet turns out, while others require your first bet to win (but typically carry no odds requirement, meaning you can bet on a huge favorite).

Profit Boost

A profit boost is very similar to an odds boost in that it increases the potential payout on a wager, but it differs in that a profit boost can be applied to any bet - in other words, you choose the wager to put the boost on. This flexibility makes a profit boost very useful, as bettors often use it to make one of their favorite wagers have an even higher payout.

No Deposit Bonuses

There are instance where NBA betting promos will have no deposit bonuses as a way to encourage new sign-ups. With this type of deal, all a new customer has to do is sign up for an account to receive some type of NBA betting bonus, as no deposit is required to receive the sign-up incentive. These are common around betting launches in states.

Deposit Match Bonuses

A deposit match bonus is an NBA promo type that aims to get customers to make new deposits by matching the deposit amount with a bonus bet of equal value. These particular bonus bets may have multiple playthrough requirements or only match a percentage, such as 20%, and there will be a cap on the bonus bet amount.

Even with these caveats, this can still be a great way to improve your percentage chance at profitability, especially if you max out the deposit match bonus amount.

Referral Bonus Codes

If you want to invite your friends to join you in wagering on NBA games, you can do so through referral bonus codes. All you will need to do is send your friends a referral link that is connected to your account.

Once your friends create their own account with these specialized NBA betting promos, you and your friend will receive some type of bonus, which is typically paid out as bonus bets. The cap on the number of friends that you can invite is often quite high, so this can be a tremendous way to generate more bonus bets for your accounts.

NBA Finals Betting Bonus

Some of the best NBA betting promos can be found during the NBA Finals, as sportsbooks look to entice new customers around the culmination of the season. In many cases, this will include an NBA Finals betting bonus that will grant you bonus bets, profit boosts or odds boosts for wager on this best-of-seven series.

There are many common steps when it comes to claiming NBA sportsbook promos. Here are four steps that are usually required to sign up for the NBA betting promotions.

1. Click a BET NOW button in this guide to access an account registration page at your preferred online sportsbook.
2. You will then need to provide some basic personal information such as name, address and email address to create an account. This is also the time when you input a specific NBA betting promo code (such as the BetMGM bonus code ROTOBONUS), if applicable.
3. These NBA betting promos are only available in states where these apps are live and legal, so you will need to verify that you are located in one of those states and confirm you are at least 21 years of age (except in states where the age is 18, such as Wyoming).
4. Meet the initial deposit requirement for these NBA betting promos and then complete any wager requirements to receive your NBA bonus offer.

Why Do Sportsbooks Offer NBA Betting Promotions?

It's a highly competitive market among NBA betting promotions, so all online legal sports betting sites are aiming to get prospective sports bettors to spend time wagering with them.

They do this through a wide variety of NBA betting promos that offer incentives to get those bettors to use their sites. That goes beyond welcome offers and may include parlay insurance, odds boosts and other ongoing promos for existing customers.

There are a wide variety of NBA betting promotions, but by reviewing the specifics of each offer, you can determine which of these works best for you.

That's why it is a great idea to check each of these NBA betting promo codes out before signing up, but do remember that you can pick and choose between these deals and stockpile first-bet offers and bonus bets that can help your NBA betting prospects.