BetMGM Promo Code SBD1500: Get $1,500 Bonus for NBA, NFL Games (Nov. 4)

Published: November 4, 2026 at 2:17 pm EST

By signing up with BetMGM promo code SBD150 in Michigan, New Jersey, Pennsylvania, and West Virginia, new users can bet $10 and get $150 in bonus bets if that wager wins, while players in other legal states can use BetMGM promo code SBD1500 to either get up to $1,500 paid back in bonus bets if their first bet loses (in AZ, CO, DC, IA, IN, KS, KY, LA, MA, and MD) or get up to $1,000 back in bonus bets over their first 10 days (in IL, NC, OH, TN, and VA). We can apply this welcome offer directly for all NBA and NFL games this week.

BetMGM is a legal, state-licensed online sportsbook managed by BetMGM LLC—a joint venture between MGM Resorts International and Entain—and regulated by each state’s gaming regulator rather than operating as an offshore book or prediction market exchange. This welcome offer is reserved for first-time customers who are 21 or older and physically located in a participating state, so remember that you must be 21+ to wager, and if you have a gambling problem, call 1-800-GAMBLER.

Yes. New customers can use BetMGM Promo Code SBD150 in MI, NJ, PA, and WV to bet $10 and get $150 in bonus bets if their wager wins, or use BetMGM Promo Code SBD1500 in AZ, CO, DC, IA, IN, KS, KY, LA, MA, and MD for a $1,500 first-bet offer, and in IL, NC, OH, TN, and VA to get up to $1,000 back in bonus bets over their first 10 days.

Offer Detail	Details
BetMGM Promo Code	SBD150 (MI, NJ, PA, WV) / SBD1500 (all other eligible states)
New Customer Offer	Bet $10, get $150 in bonus bets if your bet wins (MI, NJ, PA, WV), up to $1,500 back in bonus bets if your first bet loses (AZ, CO, DC, IA, IN, KS, KY, LA, MA, MD), or get up to $1,000 back in bonus bets over your first 10 days (IL, NC, OH, TN, VA)
Minimum Deposit	$10
Who Can Claim	New BetMGM customers only, 21+, first-time account
Availability / Excluded States	Live in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, NV, NJ, NY, NC, OH, PA, TN, VA, WV, and WY. Unavailable in states without legal online sports betting.
Regulation / Licensing	Licensed and regulated by each state’s gaming regulator (for example the Michigan Gaming Control Board and the New Jersey Division of Gaming Enforcement); operated by BetMGM LLC
Terms & Conditions	21+, present in a participating state, new customers only, bonus bets are non-withdrawable and expire (typically 7 days)
Last Verified	November 4th, 2026

To claim the offer, register a new account, enter the correct promo code for your state, deposit at least $10, and place your qualifying first bet.

All players must be 21+ and physically located in an eligible state, with bonus bets expiring typically in seven days and holding no cash value; terms apply, and if you have a gambling problem, call 1-800-GAMBLER.

You can be registered and betting on the game between the Cleveland Cavaliers and the Oklahoma City Thunder on Wednesday, November 4 in just a few minutes.

Confirm your eligibility by ensuring you are 21 or older, a new BetMGM customer, and physically located in a state where BetMGM is live (identity and KYC verification are required during sign-up).
Register a new account and enter BetMGM Promo Code SBD150 (MI, NJ, PA, WV) or SBD1500 (all other eligible states) in the promo code field.
Make a first deposit of at least $10 using a secure method such as online banking, a debit card, PayPal, or Play+.
Place the qualifying first bet on this NBA matchup—$10 to chase the $150 bonus in MI, NJ, PA, and WV, up to $1,500 on the first-bet offer in AZ, CO, DC, IA, IN, KS, KY, LA, MA, and MD, or qualify for the 10-day offer in IL, NC, OH, TN, and VA.

Bonus bets are credited shortly after your qualifying bet settles and will expire, usually within 7 days, if left unused.

Popular BetMGM Betting Markets For Cleveland Cavaliers vs Oklahoma City Thunder

The Cleveland Cavaliers (3-2 over their last five games) visit the Oklahoma City Thunder (3-2 over their last five games) with tipoff scheduled for 8:00 PM ET.

Point Spread: The Oklahoma City Thunder are currently -2.5 (-115) favorites against the Cleveland Cavaliers, who sit at +2.5 (-105), and the spread price has moved slightly toward Oklahoma City across consensus markets since opening at -104.
Moneyline: The current moneyline prices the Oklahoma City Thunder as the implied favorite at -143, while the Cleveland Cavaliers are +120 underdogs.
Total (Over/Under): The total is set at 228.5 points with both the over and under priced at -110, moving down a full point from the consensus opening total of 229.5.
Public Betting Split: Bettors are leaning heavily toward the Oklahoma City Thunder to cover, with 69.3% of tickets backing them on the spread, while the over is a popular play commanding 70.9% of bets and 77.1% of the total handle.
Team Betting Trends: Over their last five games, the Oklahoma City Thunder have covered the spread just 40% of the time with the under hitting in 80% of contests, matching the Cleveland Cavaliers’ 40% cover rate but contrasting slightly with Cleveland’s 60% under rate.
Injury Watch: The Oklahoma City Thunder will be without key contributors Chet Holmgren (knee) and Jalen Williams (ankle), while the Cleveland Cavaliers have three active injuries, including Nae’Qwan Tomlin being ruled out.

Odds as of November 4, 2026 from BetMGM and subject to change.

The qualifying first bet placed with BetMGM Promo Code SBD150 or SBD1500 can be used on any of these markets.

Where Can You Bet With BetMGM?

The BetMGM online sportsbook is currently live for bettors located in Arizona, Colorado, Washington D.C., Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. It is not available in any state without legalized online sports betting, and your eligibility depends on your physical location at the time of the bet rather than your home address. The legal sports betting map keeps shifting as new states legalize or legislation progresses, so availability should always be re-checked before signing up. For this promotion, MI, NJ, PA, and WV customers get the bet $10, get $150 path with code SBD150, IL, NC, OH, TN, and VA users get a 10-day back offer, and the remaining eligible states get the up-to-$1,500 first-bet offer with code SBD1500.

Must be 21+ to wager. Gambling Problem? Call 1-800-GAMBLER.

Our team tested and confirmed the BetMGM sign-up flow and promo code on November 4, 2026, verifying that the welcome offer credits exactly as described. This promotion is the perfect tool for our handicapping because the qualifying wager can be placed on any market for this NBA game—like targeting the Oklahoma City Thunder to cover the -2.5 spread—with a losing first bet returned in bonus bets up to $1,500 (or triggering the state-specific bonuses depending on your location). BetMGM stands out for NBA betting by offering excellent same-game parlay pricing, intuitive live betting features, and a direct tie-in with the MGM Rewards program. Make sure to claim this offer and place your qualifying wager before the game tips off at 8:00 PM ET.

The BetMGM Promo Code is SBD150 (MI, NJ, PA, WV) or SBD1500 (all other eligible states). Entering the correct code for your region during sign-up guarantees you unlock the proper welcome promotion for this basketball game.

It depends on your state. New customers physically present in MI, NJ, PA, and WV can access the bet $10, get $150 promotion with code SBD150, while players in other legal BetMGM jurisdictions qualify for either the up-to-$1,500 first-bet offer or the $1,000 back over 10 days offer using code SBD1500, but it is unavailable where online sports betting is not legal.

How much do I need to deposit to claim the offer?

$10. A minimum initial deposit of $10 is mandatory to activate your new account and qualify for any of these welcome promotions before placing your first wager.

Do the bonus bets expire?

Yes. Any bonus bets issued hold no cash value, are entirely non-withdrawable, and typically expire within seven days of receipt, meaning we need to use them on new wagers before that window closes.

Yes. You can place your qualifying wager directly on the scheduled contest between the Cleveland Cavaliers and the Oklahoma City Thunder on any primary market like the spread, moneyline, or total points.

Must be 21+ to wager. If you or someone you know has a gambling problem, call 1-800-GAMBLER.

Matt Modi

Matt Modi is a sports betting writer for SportsBettingDime. He offers his best bets for the NFL, NBA, NCAAF, & WNBA. Previously, Matt worked at OddsJam, where he covered all things sports betting. In his free time, Matt likes to take his two dogs for hikes in the Colorado mountains.

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