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BetMGM Promo Code SBD1500: Unlock $1,500 Bonus for Knicks-Cavaliers, MLB Games

Alex Payton

By Alex Payton in Sports Betting News

Published:


BetMGM promo code
Photo Credit: Craig Dudek

There is nothing better than deep playoff basketball, and as the Cleveland Cavaliers host the New York Knicks for Game 3, we have a real chance to score a nice pay day. If you are tired of just sweating out standard bets with your own cash, the BetMGM promo code gives us the perfect bankroll boost to start chasing bigger payouts.

BETMGM SPORTSBOOK
Get Up To $1,500 Paid Back in Bonus Bets

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US), 877-8-HOPENY or text HOPENY (467369) (NY), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in MS, NY, NV, ON, or PR.
LOCK IN PROMO
CODE: SBD1500
CODE: SBD1500
SIGNUP BONUS
GET UP TO
$1,500 BACK

IN BONUS BETS!

BET NOW
BETMGM SPORTSBOOK
Bet $10 & Get $150 in Bonus Bets if Your Bet Wins!

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US), 877-8-HOPENY or text HOPENY (467369) (NY), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in MS, NY, NV, ON, or PR.
LOCK IN PROMO
CODE: SBD150
CODE: SBD150
SIGNUP BONUS
BET $10
GET $150

BET NOW

Using this welcome offer, new users in MI, NJ, PA, and WV will score $150 in bonus bets if they wager $10 and that bet wins. For our friends in all other legal U.S. betting states, you can wager up to $1,500 on your first bet and receive it back in bonus bets if it happens to lose.

Take Advantage of a BetMGM Promo Code This Weekend

BetMGM Promo Code (MI, NJ, PA, WV)SBD150
New User Offer (MI, NJ, PA, WV)Bet $10, Win $150 Bonus
BetMGM Promo Code (All States except NY)SBD1500
New User Offer (All States except NY)$1,500 First Bet Offer
Terms and Conditions21+ and Present in Participating States.
Date Last VerifiedMay 23, 2026

Securing the $150 Bonus or $1,500 First Bet Offer

When I’m handicapping the board, I always look for ways to maximize our edge, and these sign-up promos are the easiest way to do exactly that. If you are located in Michigan, New Jersey, Pennsylvania, or West Virginia, you will use the BetMGM promo code SBD150. Keep in mind, bettors in these specific states must use the “Bet $10, Win $150” bonus. Just register and place a $10 cash wager on the Cavaliers or Knicks. If your ticket cashes, BetMGM will drop $150 in bonus bets straight into your account on top of your standard cash winnings.

For those of us playing from all other participating U.S. states, the BetMGM promo code SBD1500 unlocks a massive $1,500 first-bet offer. I love treating this promotion as a safety net when taking a swing at a bigger payout or an exotic bet. If your opening wager on this pivotal NBA matchup falls short, BetMGM refunds your entire stake in the form of bonus bets, up to $1,500.

And a quick tip for my baseball bettors: if the hardwood isn’t your main focus right now, you can also use either of these welcome offers to bet on any MLB matchup over the weekend.

Applying the Welcome Offer to the Knicks vs. Cavaliers

Bet TypeNew York KnicksCleveland Cavaliers
Spread+2.5 (-111)-2.5 (-109)
Moneyline+114-134
Total PointsOver 213.5 (-110)Under 213.5 (-110)

Let’s break down how we can attack these numbers. The Cleveland Cavaliers enter this contest as slight favorites on their home floor. I’m looking closely at their reliability as a favorite: they are a stellar 13-4 straight up over their last 17 games when expected to win. Plus, they boast a profitable 7-2 record against the spread (ATS) at home over their last nine outings. Defensively, they are locking things down, going 6-1 at home against top 10 scoring defenses over their last seven games.

But don’t count out the road dogs. The New York Knicks have been an exceptionally profitable team for bettors lately, cashing tickets at an 8-2 ATS clip over their last 10 games. They also know how to carry momentum, going 6-1 on the road following a win over their last seven. If you are a totals bettor, I highly recommend looking at the Under. The Over has hit in just one of the New York Knicks’ last nine road games when they are the underdog.

From an offensive standpoint, the New York Knicks have been an absolute machine in the first two games of this Eastern Conference Finals series. They are averaging 112.00 points per game, shooting a highly efficient 50.0% from the field, and logging a massive 18.0 Net Rating this postseason. Meanwhile, the Cleveland Cavaliers are struggling to find a consistent offensive rhythm, putting up just 98.50 points on 39.0% shooting with a modest 1.2 Net Rating during this playoff run.

Signing Up with the BetMGM Promo Code

Getting started and claiming your welcome offer ahead of the Cleveland Cavaliers and New York Knicks game (or the weekend MLB slate) is a breeze. Let’s walk through the exact steps together so we can start building that bankroll:

  1. Register a New Account: Head over to the BetMGM platform and create your new account. You will need to provide standard personal information—like your name, email address, date of birth, and physical address—to verify your identity.
  2. Enter the Correct BetMGM Promo Code: This is the most crucial step to lock in our specific offer. During registration, type in the exact promo code for your state: Use SBD150 if you are in Michigan (MI), New Jersey (NJ), Pennsylvania (PA), or West Virginia (WV) to lock in the required “Bet $10, Win $150” bonus. Use SBD1500 if you are located in any other participating legal betting state to grab the $1,500 First-Bet Offer.
  3. Make a Deposit: Once your account is verified, head over to the cashier section. You must deposit at least $10 into your account using one of BetMGM’s secure payment methods, such as an e-wallet, debit card, or online banking.
  4. Place Your Wager: With your funds loaded, navigate to the NBA or MLB markets. Place your qualifying bet on the Cavaliers vs. Knicks matchup, or any weekend baseball game, to officially activate your promotion and get in on the action.

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US)

Alex Payton

Resident of Kentucky, Alex is a graduate from the University of Louisville and avid Cardinals fan. He also follows the New York Yankees, Indianapolis Colts and has multiple years of experience in the online gambling industry.

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