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Basketball Betting Bonuses: Top NBA Betting Promotions for new and existing players in 2023

Last Updated on 03/15/2023
Fact checked by: Allan Howe

Basketball betting bonus offers pop up at online sportsbooks throughout the country. The only problem is that there are so many sites and very few resources that list them all together.

Here at Ballislife, we cannot state our love for basketball enough, but we also thoroughly enjoy making money on the sport. Below is an all-in-one resource for basketball betting bonus offers around the country.

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Compare the best sportsbooks for basketball bonuses

SI Sportsbook
Exclusive
Favicon
4.9/5
SI Sportsbook Bonus
BET $20 GET $200 IN FREE BETS
SI Sportsbook Highlights
  • Over 60 years in sports business
  • Quick and easy access to winnings
  • Simple & sleek mobile app
Accepts Players in:
Virginia
Virginia
PayNearMe
Bank Transfer
Play+
Discover
BET $20 GET $200 IN FREE BETS
SI Sportsbook Review
Copy
Visit Site
T&Cs apply, 21+
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
Hot Offer
Favicon
4.8/5
Bet365 Bonus
Bet $1 & Get $365 in Bonus Bets
Bet365 Highlights
  • Massive range of sports betting markets
  • Quick withdrawals
  • Smooth app to navigate
Accepts Players in:
Virginia
Virginia
Bet $1 & Get $365 in Bonus Bets
Bet365 Review
Go to Bet365
Visit Site
T&Cs apply, 21+
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
PointsBet
Hot Offer
Favicon
4.7/5
PointsBet Bonus
5 x $50Bet Credits
PointsBet Highlights
  • Fast betting app with "Name A Bet" option
  • Great live betting system
  • King of Points Betting wagers
Accepts Players in:
Virginia
Virginia
PayNearMe
Visa
Mastercard
ACH
5 x $50Bet Credits
PointsBet Review
Copy
Visit Site
T&Cs apply, 21+
BetRivers.com
4.
Favicon
4.6/5
BetRivers.com Bonus
100% up to $500
BetRivers.com Highlights
  • Live Streaming option available
  • Impressive Live Betting section
  • Excellent usability in the mobile app
Accepts Players in:
Virginia
Virginia
PayNearMe
Bank Transfer
VIP Preferred
PayPal
100% up to
$500
BetRivers.com Review
Copy
Visit Site
T&Cs apply, 21+
DraftKings
5.
Favicon
4.6/5
DraftKings Bonus
20% up to $1000
DraftKings Highlights
  • Great range of different sports leagues
  • Optimal in-play betting features
  • Easy to use app with fast payouts
Accepts Players in:
Virginia
Virginia
PayPal
VIP Preferred
Play+
Discover
20% up to
$1000
DraftKings Review
Go to DraftKings
Visit Site
T&Cs apply, 21+
WynnBET
6.
Favicon
4.6/5
WynnBET Bonus
Bet $100 Get $100
WynnBET Highlights
  • Superb bonus bet
  • Top ML odds on all major sports
  • Boosted bets & odds
Accepts Players in:
Virginia
Virginia
Visa
Mastercard
PayPal
Cash at Casino Cage
Bet $100 Get $100
+ Bet $10 Get $10 Casino Bonus
WynnBET Review
Go to WynnBET
Visit Site
T&Cs apply, 21+
BetMGM
7.
Favicon
4.5/5
BetMGM Bonus
100% up to $1000
BetMGM Highlights
  • Great moneyline odds
  • Superior betting markets
  • Vast selection of betting options
Accepts Players in:
Virginia
Virginia
PayNearMe
PayPal
Bank Transfer
VIP Preferred
100% up to
$1000
BetMGM Review
Copy
Visit Site
T&Cs apply, 21+
Unibet
8.
Favicon
4.5/5
Unibet Bonus
100% up to $100
Unibet Highlights
  • +40,000 Live Streams available
  • Ongoing promotions for existing players
  • Fast mobile app
Accepts Players in:
Virginia
Virginia
Credit Card
PayNearMe
Skrill
Neteller
100% up to
$100
Unibet Review
Go to Unibet
Visit Site
T&Cs apply, 21+
FanDuel
9.
Favicon
4.5/5
FanDuel Bonus
No Sweat First Bet up to $1,000
FanDuel Highlights
  • User-friendly mobile app & website
  • Low cost spreads
  • Highly competitive odds
Accepts Players in:
Virginia
Virginia
Prepaid Card
PayNearMe
PayPal
Play+
No Sweat First Bet up to $1,000
FanDuel Review
Go to FanDuel
Visit Site
T&Cs apply, 21+
Betfred
10.
Favicon
Betfred Bonus
Betfred Highlights
  • Good range of sports betting markets
  • Extensive selection of football options
  • Competitive NFL odds
Accepts Players in:
Virginia
Virginia
Credit Card
Skrill
Astropay
Bank Transfer
Betfred Review
-
Provider of the month

Best basketball betting bonus sites

Whether you want to wager on the NBA or NCAAB during the regular season, the NBA Playoffs/Finals, or the NCAA Tournament, they all have one thing in common—bonus and promotional offers at online sportsbooks.

Here, we’ve researched all of the top basketball sports betting cash bonuses on the market and have created a one-stop-shop resource for you on where to find them.With so many sites, it can be difficult to track down all NBA betting promotions and the best basketball betting promo codes, but now you don’t need to worry.

Basketball betting bonus explained

Basketball is one of the most wagered-on sports in the United States. With many possible games to wager on, the opportunities for cashing in are almost never-ending.

The NCAA Tournament averages around 11 million viewers per game in college basketball, and the NBA Finals is about 7 million. All that to say that there are plenty of eyeballs on these games, and sportsbooks know that.Because they know that, we can take advantage by using NBA betting promotions and other bonuses to pad our virtual wallets. Below are all the notable basketball betting promotions you can find now.

Each day, FanDuel Sportsbook will offer a featured Same Game Parlay. It’ll provide an SGP with four legs for you to wager on. The odds aren’t enhanced or anything, but you could use it to make a quick bet if you’re unsure of what to bet on that day.

NBA No Sweat Same Game Parlay (FanDuel)

Like their welcome bonus, this is a No Sweat Bet, meaning you’ll get some money back if you lose. This is one-of-a-kind as far as NBA betting promotions go. With this offer, you’ll wager $1 or more on a 3+ leg SGP with +400 odds or greater. You’ll receive your wager back as a site bonus within 72 hours if you lose.

NBA No Sweat SGP (DraftKings)

DraftKings offers something similar to FanDuel’s No Sweat SGP; instead, at DraftKings, you must wager at least $10. There’s no mention of any minimum odds on this offer, but it must be 3+ NBA pre-game legs.

Daily Odds Boosts (Multiple)

Across multiple sportsbooks like FanDuel, DraftKings, BetRivers, SI Sportsbook, and more, you’ll have daily odds boosts available. These are wagers that the site has enhanced to try to get more betting action. However, you can bet on them and make even more money if you’re savvy enough.

NBA Weekly SGP Bet and Get (BetRivers)

When you wager $10 or more on an NBA Same Game Parlay with odds of -200 or greater, you’ll receive a $10 free bet at BetRivers Sportsbook. You can only redeem this offer once a week between Monday and Sunday. You’ll have seven days to use the free bet you receive.

Profits For The People (Caesars)

With Caesars’ “Profits For The People,” you’ll receive one 25% parlay boost token on a 4+ leg, +400 minimum odds college basketball wager. The max bet for this offer is $50, and the most you can win is $1,000.

Basketball Same Game Parlay Insurance (BetRivers)

At BetRivers, when you wager on an NCAAB 4+ leg, -200 minimum odds parlay, and lose by just one leg, you’ll get back up to $25 based on the amount you wagered. The $25 is returned as a free bet, and you’ll have seven days to use it.

The best bookmakers to try out

SI Sportsbook
1.
4.9/5
Rating
PayNearMe
Virginia (US) Lottery Board
BET $20 GET $200 IN FREE BETS
SI Sportsbook Sports Bonus
BET $20 GET $200 IN FREE BETS
SI Sportsbook Review
Copy
Visit Site
T&Cs apply, 21+
Highlights
  • Over 60 years in sports business
  • Quick and easy access to winnings
  • Simple & sleek mobile app
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
2.
4.8/5
Rating
-
Virginia (US) Lottery Board
Bet $1 & Get $365 in Bonus Bets
Bet365 Sports Bonus
Bet $1 & Get $365 in Bonus Bets
Bet365 Review
Go to Bet365
Visit Site
T&Cs apply, 21+
Highlights
  • Massive range of sports betting markets
  • Quick withdrawals
  • Smooth app to navigate
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
PointsBet
3.
4.7/5
Rating
PayNearMe
Virginia (US) Lottery Board
5 x $50Bet Credits
PointsBet Sports Bonus
5 x $50Bet Credits
PointsBet Review
Copy
Visit Site
T&Cs apply, 21+
Highlights
  • Fast betting app with "Name A Bet" option
  • Great live betting system
  • King of Points Betting wagers
BetRivers.com
4.
4.6/5
Rating
PayNearMe
Virginia (US) Lottery Board
100% up to
$500
BetRivers.com Sports Bonus
100% up to $500
BetRivers.com Review
Copy
Visit Site
T&Cs apply, 21+
Highlights
  • Live Streaming option available
  • Impressive Live Betting section
  • Excellent usability in the mobile app
DraftKings
5.
4.6/5
Rating
PayPal
Virginia (US) Lottery Board
20% up to
$1000
DraftKings Sports Bonus
20% up to $1000
DraftKings Review
Go to DraftKings
Visit Site
T&Cs apply, 21+
Highlights
  • Great range of different sports leagues
  • Optimal in-play betting features
  • Easy to use app with fast payouts

Best Basketball betting promos - Added easygoing deals

In addition to the offers above, some other offers are more easygoing, such as Squares or free-to-play games. Below, we’ve found some Squares for NBA betting, a free-to-play game, and we also want to highlight the most lucrative welcome bonus on the sports betting market right now.

NBA Squares (BetRivers)

With NBA Squares at BetRivers, you’ll wager $20 on any game that allows for Squares betting. You can bet $50 on that game for a second square and then $100 for a third. The numbers you receive are in order of the away and home teams. If the numbers match up at the end of the game, you’ll win money. The money you receive includes $20 for any winning square. From here, you can boost the payout for all your winning Squares by placing $20 or more in live bets. The Boosted Squares pay $25, $50, $100, $1,000, or $10,000. This is revealed to you after you win.

SI Sportsbook Perfect 10

SI Sportsbook offers a free-to-play game, “Perfect 10.” The goal of the game is to guess the spread for 10 games. If you’re correct on all 10, you’ll receive up to $10,000. However, if other people are right as well, you’ll split the $10,000.

Caesars Welcome Offer

Caesars Sportsbook offers players the most bang-for-their-buck welcome bonus with a $1,250 risk-free bet. Some other offers are at $1,000, but nothing tops Caesars’ $1,250. With a risk-free bet, you can wager while knowing that, if you win, you keep your winnings like a normal bet. However, if you lose, you’ll still get your money back as a site credit. On top of this, you’ll receive 1,000 Reward and Tier Credits which are part of Caesars Rewards. These are redeemed for in-person and online perks and benefits.

Some more great bonus deals

SI Sportsbook
1.
BET $20 GET $200 IN FREE BETS
Bonus Code
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SI Sportsbook Bonus Code
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Get Bonus
T&Cs apply, 21+
Bonus Details
Type:
Free Bet
Cashable:
no
Requirements (WR):
1x Deposit
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
2.
Bet $1 & Get $365 in Bonus Bets
Bonus Code
Go to Bet365
Bet365 Bonus Code
Go to Bet365
Get Bonus
T&Cs apply, 21+
Bonus Details
Type:
Free Bet
Cashable:
no
Requirements (WR):
-
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
PointsBet
3.
5 x $50Bet Credits
Bonus Code
Copy
PointsBet Bonus Code
Copy
Get Bonus
T&Cs apply, 21+
Bonus Details
Type:
Free Bet
Cashable:
no
Requirements (WR):
1x Deposit
BetRivers.com
4.
100% up to
$500
Bonus Code
Copy
BetRivers.com Bonus Code
Copy
Get Bonus
T&Cs apply, 21+
Bonus Details
Type:
Risk-Free Bet
Cashable:
no
Requirements (WR):
1x Bonus
DraftKings
5.
20% up to
$1000
Bonus Code
Go to DraftKings
DraftKings Bonus Code
Go to DraftKings
Get Bonus
T&Cs apply, 21+
Bonus Details
Type:
Deposit Bonus
Cashable:
yes
Requirements (WR):
25x Bonus

The Professional and Amateur Sports Protection Act was overturned in May 2018. Since then, states all over the United States have been working hard to bring sports betting to their state.

Today, online sports betting is available in more than half of the country. While the sportsbooks mentioned throughout this page aren’t available anywhere, there are plenty of other sites available that may offer NBA betting promotions and other basketball bonuses in the future for you to check out.

Below is a chart that shows a handful of the legal states and the age you must be to wager and redeem these offers.

State Age to bet
Colorado Sportsbooks 21
Illinois Sportsbooks 21
Indiana Sportsbooks 21
Iowa Sportsbooks 21
Michigan Sportsbooks 21
Nevada Sportsbooks 21
New Hampshire Sportsbooks 18
New Jersey Sportsbooks 21
New York Sportsbooks 21
Oregon Sportsbooks 21
Pennsylvania Sportsbooks 21
Rhode Island Sportsbooks 18
Tennessee Sportsbooks 21
Virginia Sportsbooks 21
Washington, DC Sportsbooks 18
West Virginia Sportsbooks 21
Wyoming Sportsbooks 18

Basketball Betting Promotions - A summary of the offers

Sportsbook Basketball Betting Bonus
FanDuel $1,000 No Sweat Bet
DraftKings 20% Deposit Bonus Worth Up To $1,000
SI Sportsbook Bet $20 On Game With +120 Odds, Get 8 $25 Free Bets
Barstool Sportsbook 100% Deposit Bonus Worth Up to $500
BetMGM $1,000 First Bet Offer
Caesars Sportsbook $1,250 Risk-Free Bet + 1000 Tier/Reward Credits
PointsBet 5x $100 Free Bets Given Across Five Days

Conclusion - Basketball betting bonus

Regardless of the basketball league you want to bet on, the season for this sport is long and arduous. This is good for betting because there are more opportunities to make money. Still, there’s also plenty of time for bonuses and promotions to pop up that you can benefit from.

We’ll update this page as basketball seasons progress to ensure you have the most up-to-date promotions.

Even if the offers listed here aren’t available when you go to check, you’ll have a sense of the type of offers available to you.

We’ve also provided brief welcome bonus information above to use when evaluating where to bet on basketball. We also provided insight into some niche offers like free-to-play games and Squares that all add to the entertainment.

Bookmark this page and come back regularly to use this as your go-to resource for all basketball betting promotions.

Top Betting Sites
Top Betting Bonuses
SI Sportsbook
SI Sportsbook
SI Sportsbook Review
4.9/5
Bet365
Bet365
Bet365 Review
4.8/5
PointsBet
PointsBet
PointsBet Review
4.7/5
BetRivers.com
BetRivers.com
BetRivers.com Review
4.6/5
DraftKings
DraftKings
DraftKings Review
4.6/5
SI Sportsbook
SI Sportsbook Bonus
BET $20 GET $200 IN FREE BETS
T&Cs apply
4.9/5
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
Bet365 Bonus
Bet $1 & Get $365 in Bonus Bets
T&Cs apply
4.8/5
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
PointsBet
PointsBet Bonus
5 x $50Bet Credits
T&Cs apply
4.7/5
BetRivers.com
BetRivers.com Bonus
100% up to $500
T&Cs apply
4.6/5
DraftKings
DraftKings Bonus
20% up to $1000
T&Cs apply
4.6/5
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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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