?? NBA Betting Promos for December2024
Online sportsbooks are packed with NBA betting promotions that cater to both new and existing users. In November, you can get your hands on sportsbook promos worth thousands. So keep reading to find out what sportsbooks have the best NBA bonuses in terms of value, wagering requirements, minimum deposit requirements, and payout speeds.
In this review, we will cover NBA welcome bonuses for new users. Each section will cover the bonuses available in your state, along with the terms and conditions attached to them.
At BonusFinder, we rigorously test all bonuses, ensuring that we present you with NBA promotions that deliver the best value on the market.
?? NBA Betting Offers for New Users
Many NBA betting sites provide impressive welcome bonuses for new users. Right now, you can benefit from a range of enticing offers, such as deposit match bonuses, first bet safeties, and bet-and-get options.
Most of these NBA promotions are available in all states where sports betting is legal.
$1,500 in Bonus Bets from BetMGM Sportsbook
- NBA Welcome Bonus: Get $1,500 in Bonus Bets if Your First Bet Loses
- NBA Promo Code: FINDERSPORTS
- Minimum Deposit: $10
- Wagering Requirements: 0x
- Bonus Validity: 7 days
- Available States: AZ, Co, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NJ, NC, OH, PA, TN, VA, WV, WY
- Payout: 1-5 days, depending on the amount
The first online sportsbook with the best value and requirements is BetMGM.
New users can use the BetMGM Sportsbook bonus code FINDERSPORTS to unlock a bonus offer of up to $1,500 in bonus bets. We highly recommend this welcome bonus for NBA betting, as it is an excellent option for both new and experienced bettors.
To claim the offer, you need to make a deposit of at least $10. After that, place a qualifying wager, and if it loses, you’ll receive your lost amount back. This lost wager will be credited to you as bonus bets that you can use on NBA games.
Compared to other bonuses, the BetMGM NBA promo stands out as a clear winner because there is no risk involved. You will receive your money back and have another chance to try your luck. Given the unpredictable nature of basketball—where injuries or unexpected performances can occur—BetMGM makes it easier by refunding your lost wagers.
Bet $5, Get $150 in Bonus Bets from FanDuel Sportsbook
- NBA Welcome Bonus: Bet $5, Get $150 in Bonus Bets + 3 Free Months of NBA League Pass
- NBA Promo Code: Exclusive Link
- Minimum Deposit: $5
- Wagering Requirements: 1x
- Bonus Validity: 7 days
- Available States: AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY
- Payout: 1-5 days, depending on the amount
FanDuel Sportsbook is the only site on our list that provides three free months of NBA League Pass, making it stand out from the competition.
For the welcome bonus, new users can earn $150 in bonus bets by placing a $5 wager that wins. There is no promo code needed to activate this NBA promotion on FanDuel.
The requirement for a winning bet influenced our decision to place the FanDuel NBA offer in the second position. To receive the $150 in bonus bets, you will need to choose a bet that is likely to win.
FanDuel provides a wide selection of NBA markets. Additionally, the platform offers numerous suggestions that can help you make an informed decision about your qualifying wager.
Get $1,000 in No Sweat Bets from Fanatics Sportsbook
- NBA Welcome Bonus: Bet and Get up to $1,000 in No Sweat Bets
- NBA Promo Code: Exclusive Link
- Minimum Deposit: $5
- Wagering Requirements: 0x
- Bonus Validity: 7 days
- Available States: AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY
- Payout: 1-5 days, depending on the amount
An NBA promotion from Fanatics Sportsbook is an excellent option for new users who are willing to spend 10 consecutive days betting on their favorite games and players.
To maximize your potential payout of $1,000, you need to wager $100 every day for 10 days. If your qualifying wager loses, Fanatics Sportsbook will return the amount to you.
This promotion ranks third on our list because the minimum qualifying wager is only $1, allowing you to place bets that you feel comfortable with instead of committing to a $100 wager each day.
Additionally, every wager you place will earn you FanCash, which can be spent on Fanatics merchandise. In our opinion, this is a fantastic perk that many NBA fans will appreciate.
Bet $5, Get $150 in Bonus Bets from DraftKings Sportsbook
- NBA Welcome Bonus: Bet $5, Get $150
- NBA Promo Code: Exclusive Link
- Minimum Deposit: $5
- Wagering Requirements: 1x
- Bonus Validity: 7 days
- Available States: AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY
- Payout: 1-5 days, depending on the amount
The latest NBA betting offer we recommend allows you to receive an instant $150 from DraftKings Sportsbook if you are in AZ, CO, CT, IN, MA, ME, NC, OH, PA, WY, or WV.
If you reside in DC, IA, IL, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT, you will need to place a qualifying wager of $5, which should win.
What sets DraftKings’ $150 NBA promo apart is the instant bonus option. You don’t have to worry about the outcome of your bet, making this an easy process once you place a qualifying wager.
Additionally, DraftKings offers a valuable welcome bonus with only a 1x wagering requirement. You do not need a DraftKings Sportsbook promo code to unlock this offer.
?? Latest NBA Betting News & Picks
?? How to Use NBA Betting Promotions
No matter what type of NBA bet you want to place, it all starts with signing up and creating an account with a legal online sportsbook. All of the best sports betting sites will offer odds for NBA games, but we’ll use DraftKings as our example.
- Sign up with DraftKings Sportsbook: you can use our link to claim the current welcome offer.
- Insert your personal information in the indicated fields to register an account.
- Verify your sportsbook account, make your first deposit, and you’re all set to bet.
Once you register your account and claim your NBA, you’re good to go!
Registering a New Betting Account
Before you can wager on any NBA matches, you need to register and verify an account on your preferred NBA betting sites. While the finer details of the registration process vary from site to site, the general gist is usually the same. Here is how you can sign up on online sports betting sites:
- Choose your preferred sportsbook and either download the mobile app or visit the website
- Register an account by clicking or tapping the ‘Register’ or ‘Sign Up’ button
- Enter the information requested by the sportsbook, including your full name, date of birth, address, phone number, email address, and the last four numbers of your SSN
- Enter the sportsbook promo code to the indicated field (if applicable)
- You might receive an email from the sportsbook with a verification link, verify your account if so
- Make your first deposit to fund your account and remember to check the qualifying deposit limit of the welcome bonus
- You’re all set to place your first bet on NBA games!
Make sure to use an active email address when creating an online betting account. Also, when funding your account, keep in mind that the payment method you opted for should be in your name. The method you used to make your first deposit is likely the default option for cashing out, too.
?? Popular NBA Betting Types
The following NBA betting types cover the vast majority of wagers fans will place. Each sportsbook offers varying amounts of market depth and variety, so be sure to check out multiple betting apps to find the best one to fit your betting needs.
NBA Moneyline Bets
Moneyline bets are the most straightforward way to wager on your favorite NBA team as you’re simply betting on who you think will win. The margin of victory and total points scored have no bearing on the outcome of your moneyline bet. If the team you bet on wins, you win.
The moneyline odds associated with a team tell you who sportsbooks and NBA odds makers view as the favorite and underdog to win a particular NBA game. If a team has a negative number next to their name, that’s the favorite. Seeing a ‘+’ next to an NBA team’s moneyline odds tells you that team is the underdog in that specific game. Let’s use a hypothetical example of an NBA Finals game between the Boston Celtics and Phoenix Suns.
- Celtics: -130
- Suns: +110
Here, the Celtics would be the favorites with the Suns as small underdogs. You can also use moneyline odds to determine wager amounts and potential profit. With the Celtics, for example, you would have to wager $130 to win $100. For the Suns, however, a $100 wager would result in a $110 hit if Phoenix were to win.
Don’t worry about figuring this out on your own, as all online sportsbooks will calculate your potential payout automatically when you select your wager amount in the bet slip. You can get more examples by checking what do +100 odds mean.
NBA Spread Bets
When you bet on the spread in the NBA, as well as other sports, you are pacing a bet on whether or not a team will win by a predetermined margin of victory. These numbers also appear with “+” and “-” next to the underdog and favorite, respectively. For what details about spread bets, check out what does +1.5 mean in sports betting.
If you are betting on the favorite, they have to win by a certain number of points for your spread bet to hit. Conversely, underdogs can lose by a certain number of points (or win outright) for your wager to be successful. You’ll hear the phrase “cover the spread” in connection with spread bets.
Here’s an example from Game 2 of the series between the Brooklyn Nets and Philadelphia 76ers:
- Nets +10
- 76ers -10
Here, the Nets are “getting” 10 points against the 76ers. As long as they lose by 9 or fewer points, Brooklyn would cover the spread. On the flip side, the 76ers would have to win by 11 or more points for your spread bet to win. Note that a margin of victory of exactly 10 points would result in a push.
Betting on the spread can provide more appealing odds compared to the moneyline, especially when it comes to heavy favorites. In the above example, Philadelphia’s moneyline odds are -500 or more whereas a spread bet typically carries odds between -105 and -115.
NBA Over/Under Bets
NBA over/under bets, also known as point totals or just simply totals, is another way to bet on the NBA playoffs. In this type of bet, you simply wager on whether the total points scored by both teams will be over or under the line set by the sportsbook.
If you see a point total set at 222.5, the two teams would have to combine for at least 223 points for the “over” to hit. On the other hand, a combined score of 222 or lower would be in favor of the “under”. Similar to spread odds, over/under odds don’t fluctuate the way moneyline odds do and generally stay at -110.
NBA Parlay Bets
Placing an NBA parlay bet is when you combine two or more bets (each bet is commonly referred to as a ‘leg’) into a single wager. Parlaying bets together is a popular way of getting higher betting odds and therefore increasing your potential profit. It’s not all sunshine and roses, however, as parlay bets also carry more risk.
In order for you to cash your parlay, all of your selections have to hit. If you place a four-leg parlay and only three of your legs win, your wager loses.
With the majority of sportsbooks now offering same game parlays, you can even combine bets from the same NBA game rather than multiple games. This makes basketball one of the best sports to bet on.
NBA Prop Bets
NBA prop bets, and prop bets in general, have exploded in popularity in recent years. NBA prop bets are typically wagers on events that aren’t necessarily tied to the outcome of a particular game.
The most popular type of prop bets are player props, where you can wager on an individual player’s performance. For NBA games, this means betting on statistical outcomes like points scored, rebounds, assists, three-pointers attempted, and more.
This means you could bet on LeBron James to score more than 27.5 points and your bet can still hit, even if the Lakers lose their game.
NBA Futures Bets
Futures bets or future betting is among the most popular NBA bet types on online betting sites. NBA futures are wagers placed on distant events or outcomes. For example, you could bet on the winner of a division already before the start of the NBA season, or even have a try at the teams playing in the NBA finals.
List of NBA Teams
You can bet on all the teams on the NBA. In case you need a refresher of the teams playing in the National Basketball League, take a look at the list of all NBA teams below.
Atlantic
- Boston Celtics
- Brooklyn Nets
- New York Knicks
- Philadelphia 76ers
- Toronto Raptors
Pacific
- Golden State Warriors
- LA Clippers
- Los Angeles Lakers
- Phoenix Suns
- Sacramento Kings
Central
- Chicago Bulls
- Cleveland Cavaliers
- Detroit Pistons
- Indiana Pacers
- Milwaukee Bucks
Southeast
- Atlanta Hawks
- Charlotte Hornets
- Miami Heat
- Orlando Magic
- Washington Wizards
Northwest
- Denver Nuggets
- Minnesota Timberwolves
- Oklahoma City Thunder
- Portland Trail Blazers
- Utah Jazz
Southwest
- Dallas Mavericks
- Houston Rockets
- Memphis Grizzlies
- New Orleans Pelicans
- San Antonio Spurs
?? How We Reviewed NBA Betting Promos
Considering the sheer number of online sportsbooks available for NBA bettors in the U.S. and their bonuses, finding the crème de la crème is quite challenging. Our betting experts at BonusFinder took this challenge seriously and conducted meticulous research to find the absolute best NBA betting promotions for our users.
When reviewing any bonuses for online betting sites, gambling, or gaming platforms, there are multiple aspects we consider. With NBA betting offers, the following points were our main focus:
- Promo safety and security: a bit of a no-brainer, but the top priority to us is the integrity and security of the betting platform. We only review and recommend licensed and regulated betting sites that offer strong safety measures to keep you and your data safe.
- NBA betting markets: for an online sportsbook to make it on our list of top NBA betting sites, it should have an extensive selection of NBA betting options.
- Welcome bonuses & promotions: since BonusFinder is a platform focused on bonuses, the welcome offers and ongoing promotions play a big part in all of our reviews.
- Availability: one of the most important things in our books is that the online sportsbook is available to as wide of an audience as possible. Having the NBA betting site live in most or all of the regulated betting states is a dealbreaker for us.
- Payment options and minimum deposit: excellent online betting sites offer a solid range of banking options for NBA bettors to choose from. We also value small minimum deposit requirements, as they lower the threshold for casual bettors to participate in NBA betting.
- Responsible gambling: all of the platforms highlighted in our review live up to responsible gaming standards and offer various tools to maintain control over your betting habits. Please play responsibly.
For further information about BonusFinder and our review processes, feel free to visit any of the pages below:
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