This is your ultimate guide to the top NBA betting promos, bringing you all the best basketball betting sites and apps for the 2023-24 season.
If you’re a new basketball fan or a seasoned sports bettor looking to elevate your game, you’ve come to the right place. OddsShopper is here to keep you in the loop on the latest and greatest promotional offers from top sportsbooks, helping you maximize your winnings and enhance your NBA betting experience. Whether you’re interested in bonus bets, boosted odds or special bonuses, this hub is your go-to resource for unlocking the best basketball betting deals and boosting your chances of success in the NBA betting market.
Best NBA Betting Promos Today
| Sportsbook | Bonus and Promo Code | Claim |
|---|---|---|
 BETMGM | 🎁 First NBA Bet Offer up to $1,500! | Bet Now! ➚ |
 FANDUEL | 💎 Bet $5 on NBA, Get $150 in Bonus Bets If Your Bet Wins + 3 Months of NBA League Pass! | BET NOW! ➚ |
 DRAFTKINGS | 🤑 Bet $5 on NBA, Get $200 in Bonus Bets! | BET NOW! ➚ |
 BET365 | 💵 BET $5 AND GET $200 OR A $1,000 SAFETY NET FOR NBA! | BET NOW! ➚ |
 Caesars Sportsbook | 💰First NBA Bet On Caesars up to $1,000 | Bet Now! ➚ |
 BETRIVERS | 🎉 Get a Second-Chance NBA Bet up to $500 | Bet Now! ➚ |
 Fanatics | ✅ Bet on NBA and get up to $1,000 in bonus bets | Bet Now! → |
Best NBA Betting Sites & Apps
- 🎁 BetMGM: A leader in the online sports betting world, BetMGM also offers a great avenue into OddsShopper thanks to our sweet promo deal.
- 💰 Caesars Sportsbook: No U.S. sportsbook treats new players better than Caesars, with its NBA bonuses and player rewards.
- 💵 DraftKings: They’ve adapted their user-friendly DFS product seamlessly over to the sports betting space, and now DraftKings is one of the most popular NBA betting sites in the industry
- 🤑 FanDuel: If you’re a new bettor trying to dip your toe in the water with one of the biggest names in the sports betting game, FanDuel has some killer odds boosts and promos at FanDuel to get you going.
- 🤯 Bet365: The best worldwide betting operator has broadened its U.S. offerings just in time for the NBA season.
- 🏆 BetRivers: A leading name in the industry thanks to its massive presence with in-person sportsbooks and casinos, BetRivers also has a solid online sports betting product.
- 🥇 ESPN BET: The newest addition to the roster of top sportsbooks, ESPN BET combines expertise in bookmaking with the resources of the Worldwide Leader in Sports.
- ✅ Fanatics Sportsbook: The leading provider of sports apparel has expanded into sports betting, and it is one of the faster-growing sportsbooks in the U.S.
BetMGM NBA Betting Bonus Code
By using the BetMGM Bonus Code, new players can unlock a remarkable first bet offer! BetMGM stands as a highly regarded and relied-upon presence in the realm of basketball betting, boasting a comprehensive betting platform catering to both sports enthusiasts and seasoned bettors alike. Since its inception in 2018, BetMGM has emerged as a prominent online sportsbook in the United States, consistently ranking among the top 5 choices for sports bettors. And now it has collaborated with OddsShopper to present an exclusive promotion for newcomers who register for a BetMGM sports betting account.
Read our full BetMGM Review ➚
FanDuel NBA Betting Promo Code
FanDuel Sportsbook has solidified itself as one of the best NBA betting sites for this season. New customers who want to bet on basketball at FanDuel can simply wager $5 to receive a generous $150 in bonus bets if the bet wins. New players can access an enticing welcome bonus without the need for a FanDuel promo code when signing up through a verified partner like OddsShopper.
Read our full FanDuel Sportsbook review ➚
Bet365 NBA Betting Bonus Code
Sign up through OddsShopper and place a $5 bet to receive $200 in bonus bets or get your first bet paid back up to $1,000 if it doesn’t win! Bet365 has long held its position as the top destination for online sports bettors worldwide. With widespread acclaim, bet365 has expanded its operations into legally authorized U.S. states, including Arizona, Indiana, Louisiana, New Jersey, Ohio, Iowa, Kentucky, Virginia, North Carolina and Colorado. New users can access the finest sportsbook promotions at bet365 without a specific bonus code. Offering a diverse range of sports, competitive NBA odds, and an intuitively designed interface, bet365 appeals to both experienced and novice bettors. Immerse yourself in the excitement of live in-play betting, enjoy real-time live streaming, and access essential data to make well-informed wagers.
Read our full Bet365 review ➚
DraftKings NBA Betting Promo Code
DraftKings Sportsbook provides an intuitive betting app that’s ideal for beginner and intermediate bettors. Known for its sleek user interface, appealing odds boosts, regular promotions, same-game parlays, and extensive player prop options, DraftKings consistently ranks as one of the top platforms in the industry. You can claim their latest welcome bonus without needing a promo code — simply click the ad below.
Read our full DraftKings review ➚
Caesars Sportsbook NBA Betting Promo Code
Sign up today using the Caesars NBA promo code, and you’ll receive $1,000 in bonuses if your first bet loses! Caesars Sportsbook delivers an engaging NBA betting experience with its extensive sports selection and competitive odds on a user-friendly platform. Caesars enhances its odds through advanced statistical analysis, factoring in team performance and market trends to ensure top-notch quality across all offerings.
Read our full Caesars Sportsbook review ➚
Fanatics NBA Betting Promo Code
Fanatics Sportsbook has swiftly risen to prominence in the sports betting industry, now operating in 22 states. For the first 10 days after registering your account, you can take advantage of the Fanatics promotion by placing a qualifying wager of at least $5. To qualify, the wager must have odds of -200 or longer. Each day you place a qualifying bet during this 10-day period, you will receive up to $100 in bonus bets. By placing a qualifying bet every day for all 10 days, you can earn a total of up to $1,000 in bonus bets!
Read our full Fanatics Sportsbook review ➚
How to Bet on the NBA Online
When betting on the NBA online, it’s essential to approach it with a strategic and informed mindset. Here are some key factors and considerations to keep in mind:
- Research and Stay Informed: Stay updated with the latest NBA news, player injuries, team dynamics, and performance trends. Follow reputable sports news websites and analysts to gather insights.
- Understand Betting Markets: Familiarize yourself with different NBA betting markets, such as point spreads, moneylines, totals (over/under), prop bets, and futures. Each market has its own nuances and strategies.
- Bankroll Management: Set a budget for your NBA betting activities and stick to it. Never wager more than you can afford to lose.
- Line Shopping: Compare odds and lines from multiple sportsbooks. Different bookmakers may offer slightly different odds, and getting the best value can make a significant difference in the long run.
- Team Performance: Assess team performance by looking at their recent records, home vs. away performance, and head-to-head statistics. Consider factors like winning streaks, losing streaks, and recent form.
- Player Factors: Evaluate individual player performance, including injuries, rest, and historical stats against specific opponents. Star players can have a significant impact on the outcome of a game.
- Coaching and Strategy: Consider the coaching styles and strategies of both teams. Some coaches excel in specific situations, and their tactics can influence the game’s outcome.
- Home Court Advantage: Take into account the significance of home-court advantage. Teams often perform better when playing in their own arena.
- Rest and Scheduling: Be aware of teams on back-to-back games, long road trips, or playing after extended rest periods. These factors can affect performance.
- Public Betting Trends: Keep an eye on public betting trends and the consensus picks. Sometimes, betting against the public sentiment can be profitable.
- Injuries: Monitor injury reports and how they might impact a team’s lineup. Key player absences or returns can shift the odds dramatically.
- Live Betting: Consider live betting opportunities at basketball betting sites, where you can adjust your bets during the game based on how it’s unfolding.
- Betting Systems and Strategies: Explore various NBA betting strategies, like the Martingale system, Kelly criterion or contrarian betting, and determine which one aligns with your risk tolerance and goals.
Remember, responsible gambling is essential. Set limits for yourself, only bet what you can afford to lose, and be aware of the signs of gambling addiction. The legal gambling age is 21+ in most states. Gambling problem? Call 1-800-GAMBLER.
How to Bet on the NBA on Mobile
Betting on the NBA using your mobile device has become increasingly convenient with the availability of sports betting apps and mobile-friendly websites. Here’s a step-by-step guide on how to bet on the NBA using your mobile phone:
- Choose a Reputable Sportsbook: Start by selecting a reputable basketball betting site or sports betting app. Look for well-established and licensed operators with positive reviews.
- Create an Account: Download the sportsbook’s mobile app (if available) or visit their mobile-optimized website using your smartphone’s web browser. Sign up for an account by providing the required information, including your name, email address, and other personal details. You may need to verify your identity and age.
- Deposit Funds: After creating your account, you’ll need to deposit funds into your betting account. Basketball betting sites typically offer various deposit options, including credit/debit cards, e-wallets, bank transfers, and more. Choose the method that suits you best.
- Navigate the NBA Betting Section: Once your account is funded, navigate to the NBA section of the sportsbook. You’ll find a list of upcoming NBA games and various betting markets associated with each game.
- Select Your Bet Type: Choose the type of bet you want to place. Common NBA bet types include point spreads, moneylines, totals (over/under), and player prop bets.
- Make Your Selections: Click on the specific game or bet you’re interested in. This will add it to your bet slip.
- Set Your Wager Amount: On the bet slip, enter the amount you want to wager. The slip will automatically calculate your potential payout based on the odds.
- Review and Confirm: Review your selections, wager amount, and potential payout. Make sure everything is correct before confirming your bet.
- Place Your Bet: Click the “Place Bet” or “Confirm” button to finalize your wager. Once your bet is confirmed, the amount will be deducted from your betting account balance.
- Track Your Bets: You can monitor the status of your bets in the “My Bets” or “Bet History” section of the mobile app or website. This allows you to keep track of your bets and potential winnings.
- Cash Out: Some sportsbooks offer a cash-out feature, allowing you to settle your bet early if the game is going in your favor. You may receive a portion of your potential winnings, depending on the current game situation.
- Withdraw Winnings: If your bets are successful, you can withdraw your winnings through the sportsbook’s withdrawal options.
- Promotions and Bonuses: Keep an eye out for ongoing NBA betting promos offered by the sportsbook, such as bonus bets, deposit bonuses, odds boosts or cashback offers. These can provide extra value to your betting experience.
Remember to gamble responsibly and within your means. Set a budget, stick to your strategy, and avoid chasing losses. Additionally, ensure you comply with the legal age requirements and regulations in your jurisdiction when betting on sports.
Types of NBA Bets
Point Spread
This is the most popular type of NBA bet. The sportsbook sets a point spread, which represents the number of points by which a team is favored or an underdog. Bettors can then wager on either side of the spread. If you bet on the favorite, they must win by more than the spread for your bet to be successful. If you bet on the underdog, they can either win the game outright or lose by fewer points than the spread.
For example, the Denver Nuggets are on the road in Los Angeles to play the Lakers and are favored by 5.5 points. If you think the Nuggets will not only beat the Lakers but beat them by 6 points or more, than you would bet Nuggets -5.5. This is also called “giving” or “laying” the points. If you think the Lakers will either win or lose by 5 points or less, than you would bet Lakers +5.5. This is also referred to as “taking” the points.
Moneyline
In a moneyline bet, you simply pick the team you think will win the game. The
For example, the Bucks are favored over the Heat, and their moneyline odds are -190. That means if you bet $100 on the Bucks to win, the payout will be $152.63 (the $100 you bet + $52.63 payout for the -190 odds). The Heat at underdogs with +185 moneyline odds, so if you bet $100 on them to win, the payout will be $285 ($100 + $185)
Over/Under (Total)
Also known as a totals bet, this involves predicting whether the total combined points scored by both teams in a game will be over or under a certain number set by the sportsbook.
Team totals are also popular total plays. The principles are the same as with game totals, only the score applies for just one team. For example, say the Bulls have a team total of 113.5 for their game. If they score 114 or more, the over hits; they score 113 or less, the under wins. And because of the hook, a push is not possible.
Prop
These are bets on specific events within a game, often unrelated to the game’s final outcome. The most popular of these are player props, in which you guess whether a player will finish above or below a statistical line set by a sportsbook. For example, Giannis Antetokounmpo has an over/under for his points set at 30.5. If he scores 31 or more, the over hits; if he gets 30 or fewer, the under is the winner.
Other examples of props include first basket scorer, rebounds, assists, plus many, many others.
Parlay
A parlay involves combining multiple bets into one. For a parlay to win, all individual bets within it must be successful. The potential payout for parlays is higher because of the increased risk.
Parlays can come in a variety of forms. There is the standard one-sport, multi-game parlay where you bet lines or props on team and players across a slate of games within one sport. For example:
Denver Nuggets -5 Over Los Angeles Lakers AND Golden State Warriors -1 Over Phoenix Suns. The Nuggets would have to win by 6 or more and the Warriors would have to win by 2 or more for the parlay to be successful.
There is also the same-game parlay, in which you make multiple bets from the same game:
Denver Nuggets Moneyline (-205) AND Lakers vs. Nuggets OVER 227.5 Points. The Nuggets have to win and the two teams have to combine for at least 228 points for the parlay to hit.
For some real fun, you can try multi-sport parlays, which are offered by the OddsShopper Parlay Builder. The process is the same as with NBA-only parlays, but you can combine NBA bets with other sports that are going on, such as NHL:
Nikola Jokic OVER 8.5 Assists AND Auston Matthews OVER 4.5 Shots on Goal. Jokic would have to dish out at least nine assists, and Auston Matthews would have to get at least five shots on net for this parlay to be successful.
Teaser
Teasers are similar to parlays, but bettors can adjust the point spreads or totals in their favor for a lower payout. This increases the chances of winning but reduces the potential payout.
Futures
These bets are placed on outcomes that will be determined at a later date, usually before the start of the season. Examples include betting on the NBA champion, NBA MVP winner or division winners.
In-Game (Live) Betting
These bets are placed while the game is in progress.
First Quarter and First Half
These bets are placed on the outcome of the first quarter or first half of the game. They can be point spread, moneyline or total bets specific to the first quarter or first half.
It’s important to understand the rules and odds associated with each type of bet before placing wagers. Additionally, responsible gambling practices should always be followed. Laws and regulations regarding sports betting can vary depending on your location. Always ensure that you are abiding by local laws and using reputable and legal sportsbooks.
Types of NBA Sportsbook Promos
Deposit Matches
Deposit matches are promotional incentives extended by online NBA betting platforms to attract new users. When a new bettor registers and makes their initial deposit, the sportsbook matches a portion of that deposit with bonus credits. The exact matching percentage can fluctuate, typically falling between 25% and 100%. For instance, a 100% deposit match on a $50 deposit would yield an additional $50 in bonus credits. Nevertheless, these bonuses typically come with specific conditions, including wagering prerequisites that mandate placing bets of a specified value before being able to withdraw the bonus or any associated winnings. While deposit matches can enhance a bettor’s wagering potential, it’s imperative for individuals to grasp the terms linked to these promotions and to practice responsible gambling habits.
Bonus Bets
Bonus bets often manifest as wagering credits, allowing users to place bets without utilizing their personal funds. These bonus bets can be dispensed within promotional campaigns, loyalty rewards or special occasions. Although the specific criteria may vary, generally users must fulfill specific requirements before they can access any potential winnings accrued from these bets. Bonus bets present an exhilarating opportunity for bettors to delve into new markets, experiment with diverse strategies and potentially secure wins without exposing a substantial portion of their own capital, thereby enhancing the sports betting experience. It is vital to review the terms and conditions linked to bonus bets to maximize the advantages they offer.
Bet Credits
Bet credits are a type of promotional currency from online sports betting platforms, designed to give users more flexibility in their betting activities. In contrast to conventional bonuses, bet credits typically are credits that allow users to place bets across diverse markets, all without tapping into their own deposited funds. These credits are frequently bundled with welcome packages, reload bonuses or ongoing promotional schemes. Just like other promotions, bet credits may have \specific terms and conditions, including prerequisites like minimum odds or mandatory wagering before any prospective winnings can be eligible for withdrawal.
Rewards Credits
Reward credits are a loyalty initiative from online sports betting platforms to reward dedicated users for betting on their platform. These credits are accrued gradually as bettors place wagers on sports events. The reward credits are typically exchangeable for a diverse array of advantages, including complimentary bets, cashback incentives, merchandise or exclusive experiences. The greater the extent of a bettor’s wagers, the more reward credits they can amass, providing motivation for their continued involvement with the sportsbook. While the intricacies of rewards programs may differ among platforms, they typically offer a means for users to extract added value from their betting endeavors, thereby heightening their comprehensive experience on the platform.
Second-Chance Bets
Second-chance bets are a safeguard for bettors when their first bet doesn’t hit. In the event of an unsuccessful initial bet that meets the stipulated conditions of the sportsbook, you may become eligible for a reimbursement of your original stake, typically in the form of bonus funds. This gives bettors an additional opportunity to wager without requiring an extra deposit. Second-chance bets can be particularly enticing for those experimenting with fresh strategies or exploring more daring bets, affording a protective layer against potential losses.
What to Look For to Find Best NBA Betting Sites
Finding the best NBA betting sites involves considering several key factors to ensure a safe, enjoyable and potentially profitable betting experience. Here are some important things to look for when evaluating NBA betting sites:
- Licensing and Regulation: Ensure that the betting site is licensed and regulated by a reputable authority. This provides a level of trust and oversight, ensuring fair play and financial security.
- Reputation and Reviews: Read reviews and seek recommendations from other bettors to gauge the site’s reputation. Look for feedback on issues like payout speed, customer service and fairness.
- Variety of Betting Options: A good NBA betting site should offer a wide range of betting options, including moneyline bets, point spreads, totals, player props and live betting.
- Competitive Odds: Compare the odds offered by different sportsbooks. Look for competitive odds that can maximize your potential profits. Some sites offer better odds than others.
- User-Friendly Interface: A user-friendly website or mobile app is essential for a smooth betting experience. Easy navigation and a responsive design are crucial.
- Bonuses and Promotions: Check for welcome bonuses and ongoing promotions. However, read the terms and conditions carefully, as some bonuses may have strict wagering requirements.
- Security and Data Protection: Make sure the site uses encryption to protect your personal and financial information. Trustworthy betting sites should have robust security measures in place.
- Payment Options: Look for a variety of payment options, including credit cards, e-wallets and cryptocurrencies, to make deposits and withdrawals convenient.
- Customer Support: Quality customer support is important. Test their responsiveness through live chat, email, or phone to ensure they can assist with any issues or questions.
- In-Play Betting: If you’re interested in live betting, check if the site offers in-play wagering on NBA games. This can add excitement to your betting experience.
- Mobile Betting: Ensure that the site has a mobile-friendly platform or a dedicated mobile app for betting on NBA games on the go.
- Live Streaming: Some betting sites offer live streaming of NBA games. This can enhance your experience, especially if you want to watch the games you’re betting on in real-time.
- Limits and Restrictions: Be aware of any betting limits, as they can vary from site to site. Also, check if there are any geographical restrictions that might affect your ability to use the site.
- Withdrawal Process: Investigate the withdrawal process, including the time it takes to process withdrawals and any associated fees.
- Responsible Gambling Features: Look for sites that offer responsible gambling tools, such as self-exclusion options, deposit limits and resources for those who may need help with gambling addiction.
- League Coverage: Ensure the site provides comprehensive coverage of the NBA, including regular-season games, playoffs and the NBA Finals.
- Additional Features: Some sites offer features like cash-out options, parlay builders and statistics that can enhance your NBA betting experience.
Before committing to a betting site, it’s a good idea to sign up with multiple sites, compare their offerings, and take advantage of welcome bonuses to get a feel for the platform. Remember to bet responsibly and within your means, and consider seeking professional advice if you believe you have a gambling problem.
Conclusion
In the fast-paced world of sports betting, these best NBA betting sites are a great source for unlocking offers and enhancing your betting experience. Make sure to regular check out our top basketball promos regularly to stay ahead of the game and maximize your winnings.
Author
Sam Smith
