Today’s NBA Sports Betting News: Top Promos, Finals Insights, and Jontay Porter’s Ban

Overview of NBA Betting Promos for 2024-25 Season

The 2024-25 NBA season is set to be an exciting one for sports bettors. Various sportsbooks are offering enticing promotions to attract both new and existing customers. These promotions include odds boosts, deposit bonuses, bonus bets, and credit refunds on unsuccessful bets. Bonus bets can be used for NBA games and futures, providing bettors with numerous opportunities to maximize their winnings.

Top NBA Betting Promos at US Sportsbooks

Caesars Sportsbook has been active in sports betting since 2018, starting in New Jersey and expanding to several states. They offer a significant welcome bonus for new accounts and frequent NBA promos during the regular season and playoffs. One example is their NBA parlay insurance, which offers up to $25 in bonus bets as a refund on a four-leg or more parlay that misses by one leg.

BetMGM Sportsbook provides comprehensive odds markets with a wide array of betting options for premier sports, especially the NBA. They feature an “edit my bet” function that is loved by bettors. An example promo is “Bet $5, Get $150 in Bonus Bets if your bet wins,” along with daily boosts and bonuses all summer.

BetRivers Sportsbook offers an integrated app that allows both sports betting and online casino betting from the same account. Their iRush Rewards program offers points accumulation for sports bets that can be used on their online casino. An example promo is NBA Wednesdays, offering a 20% profit boost on any Wednesday NBA game wager up to $25 if you win.

FanDuel Sportsbook is a leading sportsbook in the US by revenue and customer base, known for its intuitive design and top-tier customer service. They have a streamlined multi-leg bet (parlay) creation process with periodic promotions and enhanced NBA odds for loyal bettors. An example promo is “Bet $5 on any moneyline, get $150 in bonus bets if your bet wins,” plus daily boosts and bonuses all summer.

DraftKings Sportsbook offers an extensive selection of wagering opportunities across premier sports, notably the NBA. They are known for live betting and ongoing promotions. Their current offer includes potential bonuses worth up to $1,350, which includes a 20% deposit match up to $1,000, a $50 bonus bet with a $5 deposit, and an additional $300 in bonus bets after the first $5 bet.

How to Redeem an NBA Betting Promo Code

Redeeming an NBA betting promo code is typically hassle-free from top NBA betting sites. There are two primary ways of using a promo code: entering it during the sign-up process or applying it to your account before making a deposit. Always review the terms and conditions before accepting any bonus offer to ensure you understand the requirements and restrictions.

Types of NBA Promos Available Throughout the Season Timeline

During the pre-season in October, sportsbooks offer special sign-up bonuses, enhanced odds on select bets, and free bet promotions as teams finalize their rosters. Throughout the regular season, from late October to mid-April, bettors can find odds boosts on season-long bets, parlay insurance, and special offers tied to marquee matchups.

March Madness in March sees a surge in promotions not just for college basketball but also for the NBA due to increased interest in basketball betting. As the regular season runs into March to mid-April, enhanced odds on teams making or missing the playoffs and promotions related to player awards like MVP or Rookie of the Year become available.

The playoffs, from mid-April to early June, are prime time for risk-free bets, enhanced parlay odds, and specific game-related promotions due to the high stakes of the playoffs. During the NBA Finals in June, bettors can find boosted odds on series outcomes, player performance specials, and possibly no-deposit bonuses.

NBA Finals Game 3: Mavericks vs. Celtics

Game 3 of the NBA Finals moves to Dallas, with the Boston Celtics leading the series 2-0. The importance of a road team winning a game to keep the series competitive cannot be overstated. Jayson Tatum of the Celtics is a key player to watch, with a bet recommendation of over 32.5 points/assists (-110) via BetOnline. Tatum is averaging 25.8 points and 5.9 assists per game in the postseason, and despite the Mavericks’ defensive efforts, they lack a suitable matchup for him.

Another player to watch is Derek Lively of the Mavericks, with a bet recommendation of over six-and-a-half rebounds (+106) via BetOnline. Lively recorded seven rebounds in Game 1 and five rebounds in Game 2 despite limited playing time. With Coach Jason Kidd reintroducing an injured Maxi Kleber into the lineup, Lively’s minutes may increase in Game 3.

Jontay Porter Banned from NBA

Jontay Porter, a two-way player recently under contract with the Toronto Raptors, has been banned from the NBA. The league’s investigation found that Porter violated rules by disclosing confidential information to sports bettors and betting on NBA games. Prior to the Raptors’ March 20 game, Porter disclosed his health status to an individual known to be an NBA bettor. Another associate of Porter placed an $80,000 parlay bet wagering that Porter would underperform in the March 20 game. The bet was frozen and not paid out due to unusual betting activity and Porter’s actions.

From January through March 2024, while traveling with the Raptors or their G League affiliate, Raptors 905, Porter placed at least 13 bets on NBA games using an associate’s online betting account. These bets ranged from $15 to $22,000, totaling $54,094 with net winnings of $21,965. None of these bets involved games in which Porter played; three were multi-game parlays including one Raptors game where he bet they would lose—all three lost.

NBA’s Response

The suspicious bets involving Porter’s performance were reported by licensed sports betting operators and a legal betting market monitoring organization. Findings are based on available information; the investigation remains open and may result in further findings. The NBA is sharing information with federal prosecutors about this matter.

NBA Commissioner Adam Silver emphasized the importance of protecting the integrity of NBA competition for fans, teams, and everyone associated with the sport. He highlighted that Porter’s blatant violations are met with severe punishment. Silver mentioned that legal sports betting creates transparency but also raises issues about regulatory frameworks and types of bets offered on games and players.

Conclusion

Today’s NBA sports betting news highlights the various promotions available for the 2024-25 season, key betting insights for the NBA Finals, and the significant disciplinary action taken against Jontay Porter. As the season progresses, bettors can look forward to numerous opportunities to engage with their favorite teams and players while taking advantage of the best offers from top sportsbooks.