BetMGM Bonus Code Banks up to $1,000 Bet Value for Cavaliers-Nuggets, Any Thursday Game

The NBA season returns for its second act of the 2022-23 campaign on Thursday and there’s eight matchups to conjure up $1,000 in value with BetMGM bonus code TOPACTION.

This value is secured only if the bet loses, in which case BetMGM Sportsbook will return the lost stake in bonus bets. Should it win, you’ll get the payout like any other bet.

So it’s a first bet on the house — a scenario we’ll take a closer look at using bets on the Cavaliers-Nuggets tipoff at 7 p.m. ET.

How to Bet With BetMGM Bonus Code TOPACTION

When betting with a book promotion, we tell our readers to bet their entire bankroll. This is because worse comes to worst, you’ll get that full chunk of change back that you can split up into separate bets to still strike profit off your original deposit.

Beyond that point, we also advise people to use their promo bet on higher odds. We can bet with confidence in this instance and if it wins, the payout is handsome. Take advantage when you can.

Cleveland Cavaliers vs. Denver Nuggets Bet Preview

OK, in looking at Cleveland’s matchup with Denver Thursday evening, the line slightly favors the home Cavaliers giving them 2.5 points.

The Nuggets took the first meeting 121-108 in Denver on Jan. 6. when Nikola Jokic hit a triple-double and Aaron Gordon a double-double.

Denver is the best shooting team in basketball with 51.2% from the field and 39.2% from the three-point line. This game will be a clash of the No. 2 and No. 3 ranked net ratings (Cleveland at +5.8, Denver at +4.5).

Despite having a player that’s dominating in all the major stat metrics with Nikola Jokic, the Nuggets will be without Aaron Gordon and possibly Jamal Murray for Thursday. The Cavaliers present the best defensive rating in basketball with 109.3 while allowing 106.1 points.

It’s a matchup that bodes well for Cleveland at home (25-6) and Andrew O’Connor Watts explains why they should be a good bet to cover:

The Cavaliers also attack the interior offensively, ranking fourth in field goal percentage at the rim (69.5%) while the Nuggets rank just 29th in defensive field goal percentage at the rim (71%).

The Nuggets have the best home-court advantage in the NBA, but they’ll be in Cleveland tonight, where the Cavaliers are 18-10-1 ATS as a favorite. The Nuggets on the road are just 12-16 ATS.

These teams played last month, and the Cavaliers didn’t win or cover, but they were without Donovan Mitchell. This is their only other game against the Nuggets this season, and they’ll look to avoid the season sweep by bringing a little extra motivation. Take the Cavaliers down to -3.5 with Murray playing and -5 if he sits.

With Denver’s health situation and Cleveland’s impeccable defense focusing on Jokic, let’s tack on the under for a SGP of +264 odds.

If a bettor were to wager $1,000 on this play, they would either win the $3,640 payout or get the $1,000 returned to them in BetMGM bonus bets if it lost.

Using Bonus Bets

You won’t hold onto the bonus bets once you’ve used them to bet with. They’re solely used for betting to earn cash profits back.

You’ll just need to bet through all of your bonus bets before you can withdraw any of the profits you made with them. That’s the only caveat.

In sticking to the plus-money theme, let’s turn to the late slate and pretend a bettor places $100 of his $1K in bonus bets on the Warriors to defeat the Lakers at +180.

It would either be winning $180 back or profiting nothing. The $100 stake is dust either way it settles.

Signing Up at BetMGM

BetMGM has a few things you should know before signing up.

1. You must be at least 21 years of age
2. New users must be located in a state where BetMGM is active. It should be noted that you don’t have to live in Ohio to wager, you just have to be in the state at the time of activation and making a bet. Check out our travel betting guide for more details.
3. Access to valid deposit method (credit/debit card, bank account, or other accepted medium)

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