Having trouble finding winning bets on the NBA? We have the tool for you. OddsShopper’s Free Bet Converter is a valuable resource for those who are setting money on fire, as this calculator guides you on how to easily turn sportsbook bonus bets into cash in your bankroll. Click here for a comprehensive guide to the Free Bet Converter; in the meantime, below we’ll provide a brief overview of how this tool helps you capitalize on bonus bets to make money.
This week, we’re focusing on two NBA bets that you can use to convert your bonus bets, one from Caesars Sportsbook and one from BetMGM. Let’s get into it.
Free Bet Converter: NBA Bets to Turn Sportsbook Promos Into Cash
Here is a quick explanation of the Free Bet Converter: Sportsbooks offers bonus bets as promotions — for example, the current Caesars promo of “Get $1,000 as a bonus bet if your first bet loses.” However, they will not let you use those to play both sides of the game, as that is a quick way for the sportsbooks to start losing money. But if you use the bonus bets they offer to play one side of a game and then head to another sportsbook to play the other side, you have a chance to guarantee profit. That is what OddsShopper’s tool helps to calculate; it shows you the best value for these types of wagers at each sportsbook and where to go to play the other side.
Caesars Sportsbook Free Bet Converting for NBA
As mentioned above, Caesars Sportsbook’s bet forgiveness promo rewards new users with a bonus bet up to $1,000 if their first bet loses. That provides a lot of flexibility here as we look to cash in on an NBA bet conversion.
Let’s head to the NBA on Caesars, specifically one of the late games — Spurs-Clippers. This is the top value in the Free Bet Converter for Caesars Sportsbook’s bonus, to take advantage we are attacking the moneyline:
- Cash in on Caesars’ offer on the Spurs moneyline (+320)
- Make a 2.573x wager on the Clippers moneyline (-410) at DraftKings.
- With a 62.75% conversion rate, that will lead to a profit of $6.27 on a $10 bet.
BetMGM Free Bet Converting for NBA
BetMGM’s bonus bets promo is also a bet forgiveness offer: You will receive bet credits if your first bet loses rather than receive them as a sign-up reward after making an initial bet. For an NBA conversion with BetMGM, we are looking to grab the Hawks at an alternate spread of -4.5 (they are set as 6.5-point underdogs), which gets them well into plus money for their matchup with the Bucks:
- Use BetMGM’s promo on the Hawks point spread -4.5 (+450)
- Make a 3.717x wager on the Bucks point spread +4.5 (-475) at DraftKings.
- With a 78.26% conversion rate, that will lead to a profit of $7.83 on a $10 bet.
