New players who activate BetMGM bonus code NW150 can go all in on the NBA or NHL playoffs. Create a new account and start with a $150 bonus (CO, MI, NJ, PA and WV only) or a $1,500 first bet offer elsewhere with code NEWSWEEK1500.New players will have the chance to hit the ground running. Let's take a closer look at the details of this offer.There are two NBA playoff games coming up on Wednesday night. New players who sign up with BetMGM Sportsbook can win big on either NBA game.The Minnesota Timberwolves are looking to close out the Los Angeles Lakers in LA. The Golden State Warriors are trying to do the same to the Houston Rockets. Create a new account and start reaping the rewards with this new promo.BetMGM Bonus Code NW150 for Lakers-Wolves, Warriors-Rockets BetMGM Bonus Code New User Offer Bet $10, Get $150 Bonus (CO, MI, NJ, PA, WV Only) $1,500 First-Bet Offer (with NEWSWEEK1500 in all other eligible states) In-App Promos NBA odds boost token, NHL odds boost token, MLB odds boost token, second chance cash-back first field goal scorer offer Terms and Conditions 21+ and Present in Participating States Bonus Last Verified On April 30, 2025 Information Confirmed By Tyler Everett, Newsweek Sports Betting Staff There are two offers on the table for players at BetMGM Sportsbook. Anyone who signs up in Colorado, Michigan, New Jersey, Pennsylvania or West Virginia will be eligible for a 15-to-1 odds boost. Start with a $10 wager on the NBA, NHL, MLB or any other sport this week. Players who pick a winner will receive a $150 bonus.New users in other states will be eligible for a $1,500 first bet. Set up a new account and start with a cash wager of up to $1,500. Anyone who wins on that first bet will take home straight cash. However, anyone who loses will be eligible for a refund in bonuses. BetMGM Sportsbook will cover any losses up to $1,500.With the NBA and NHL playoffs in action, it's the perfect time to sign up and redeem these offers. Don't miss out on the chance to raise the stakes on the playoffs. With that said, there are options in MLB, tennis, golf and more for new players. There should be something for every sports fan.How to Redeem BetMGM Bonus Code NW150Signing up and redeeming this offer on BetMGM Sportsbook is a breeze. Just create a new account by inputting bonus code NW150 and providing basic identifying information in the required fields. New players will need to make a cash deposit using any of the secure and convenient payment methods.From there, start with a $10 bet on any game in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia. If that bet wins, players will receive $150 in bonuses. New users in other states will be eligible for a $1,500 first bet. Any losses on that initial wager will be offset with up to $1,500 in bonuses.Wednesday Night NBA Playoff Preview, OddsThere are two win-or-go-home games in the NBA on Wednesday night. Set up a new account with BetMGM Sportsbook and go all in on Rockets vs. Warriors or Lakers vs. Timberwolves. The Warriors and Timberwolves have an opportunity to close out the series, but we know anything can happen in the NBA playoffs.Here is a quick look at the current spreads on Wednesday night's games at BetMGM (odds are subject to change before tip-off): Houston Rockets (-3.5) vs. Golden State Warriors Los Angeles Lakers (-5.5) vs. Minnesota Timberwolves 21+ and present in participating states. Gambling problem? Call 1-800-Gambler.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.