Basketball fans can go all in on Tuesday's games with BetMGM bonus code NEWSWEEK1500. Signing up and unlocking a $150 bonus or a $1,500 first bet takes a few minutes. Players who take advantage of these opportunities will have a head start on the NBA's Tuesday night action.Create a new account and start with a $10 bet on the NBA or any other sport. If that bet wins, players will receive $150 in bonuses. This $150 bonus is only available in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia.Anyone who signs up in a different state will be eligible for a $1,500 first bet. Let's take a deeper dive into the details of this offer.BetMGM Bonus Code NEWSWEEK1500: Claim $150 Bonus or $1.5K OfferBetMGM Sportsbook is raising the bar on the NBA this week. Most new players will qualify for the $1,500 first bet for the games. If that bet wins, players will receive straight cash winnings.On the other hand, anyone who loses on a first bet will be eligible for up to $1,500 back in bonuses. For instance, someone who loses on a $500 first bet will receive $500 back in bonuses.New users who sign up in select states (CO, MI, NJ, PA and WV) will be eligible for a $150 guaranteed bonus. Start with a $10 bet on the NBA or any other game. Players who pick a winner on that first bet will receive $150 in bonuses. Lock in this 15-to-1 odds boost on any team, even heavy favorites.Betting on the NBA This Week at BetMGMWith college basketball off for a few days, it's time for fans to turn their attention to the NBA. There are eight different matchups to choose from, including two games on TNT. The Heat will host the Warriors in the early game (7:30 p.m. ET). The Kings will try and upset the Thunder in the second game of the doubleheader at 10 p.m. ET.BetMGM Sportsbook is one of the top options on the market for players this week. Apply the $1,500 first bet or the $150 bonus, depending on the location. It's also worth mentioning that these bonuses are available on other sports like the NHL, tennis, golf, college basketball and more. These two promos are some of the best offers out there for sports fans.How to Sign Up With BetMGM Bonus Code NEWSWEEK1500Set up a new account in time to bet on the NBA games on Tuesday night. Start the registration process and input bonus code NEWSWEEK1500. This will unlock the $1,500 first bet or the $150 bonus. Next, deposit cash using online banking, PayPal, credit card, debit card, Apple Pay or any other available payment method.At this point, players are ready to start with a bet on the NBA or any other sport. Most new users can raise the bar with a $1,500 first bet. On the other hand, players in select states (CO, MI, NJ, PA and WV) can start with a $10 bet. Anyone who picks a winner will receive $150 in bonuses.Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.