The 2023 NBA Draft takes place on Thursday, June 22 at Barclays Arena in Brooklyn, New York. The San Antonio Spurs hold the No. 1 overall pick in the draft and Victor Wembanyama is a mortal lock to be taken. 

With the No. 2 and No. 3 picks, the Charlotte Hornets and the Portland Trail Blazers figure to take a combination of Scoot Henderson and Brandon Miller – but potential trades could make things even more interesting in terms of NBA betting.

The best sports betting apps have odds for who will get picked in the draft, so if you want to bet on the 2023 NBA Draft, then check out the amazing deals below.

Best NBA Draft Betting Promos

BetMGM NBA Draft Betting Promo

The BetMGM Sportsbook NBA Draft promo is unlocked via the BetMGM bonus code BOOKIES. It gives new customers the chance to get a first-bet offer for up to $1,000. Just make your first bet, and if it loses, get back up to $1,000 in bonus bets. You can use this deal to bet on the 2023 NBA Draft, and if your bet loses, you will get back up to $1,000 in bonus bets.

How to Activate the BetMGM NBA Draft Promo

1. Sign up for a new BetMGM Sportsbook account using the bonus code BOOKIES
2. Deposit at least $10
3. Place your first wager on any sport and get back up to $1,000 in bonus bets if your first wager loses
4. The bonus bets are given in five equal 20% bonuses if your first wager is over $50, otherwise, you would get a single bonus bet for your first losing wager of $50 or under
5. You then get seven days to use your bonus bets at BetMGM Sportsbook
6. Your bonus bets come with a 1x rollover

With the Caesars Sportsbook promo code BOOKIESFULL, new customers get back up to $1,250 in bet credits plus 1,000 Tier Credits and 1,000 Reward Credits. Just make your first bet, and if it loses, you’ll get back up to $1,250 in the form of a single bet credit. Use this offer to bet on the NBA draft and get back up to $1,250 in bet credits for a losing wager.

How to Activate the Caesars Sportsbook NBA Draft Promo

1. Register for a new Caesars Sportsbook account and use the promo code BOOKIESFULL
2. Deposit $20 or more
3. Place your first wager on any sport and get back up to $1,250 in the form of a single bet credit if it loses
4. You get 14 days in order to use your bet credits
5. The bet credits come with a 1x rollover
6. You will also get 1,000 Tier Credits and 1,000 Reward Credits added to your account

DraftKings NBA Draft Betting Promo

The DraftKings Sportsbook gives new users $150 in bonus bets for making a $5 wager on any pre-game moneyline. Just place a wager of $5 or more on any sports market with a pre-game moneyline, and you’ll immediately get $150 in bonus bets to use.

How to Activate the DraftKings NBA Draft Promo

1. Sign up for a new DraftKings Sportsbook account
2. Deposit at least $5
3. Place a pre-game moneyline wager of $5 or more
4. You’ll instantly get back $150 in bonus bets in the form of six $25 bonus bets
5. You get one week to use the bonus bets at DraftKings Sportsbook
6. Your bonus bets come with a 1x rollover

FanDuel NBA Draft Betting Promo

The FanDuel Sportsbook promo code gives new customers a No Sweat First Bet for up to $1,000. Just place your first wager on any sport, including the NBA, and get back up to $1,000 in the form of bonus bets if your first wager is a losing bet.

How to Activate the FanDuel NBA Draft Promo

1. Register for a new FanDuel Sportsbook account
2. Deposit at least $10
3. Place your first bet on any sport and get back up to $1,000 in bonus bets if it loses
4. You get up to 14 days in order to use your bonus bets at FanDuel Sportsbook
5. The bonus bets come with a 1x rollover

Bet $5, Get $200 in Bonus Bets!

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Bet365 NBA Draft Betting Promo

The bet365 Sportsbook promo code BOOKIES gives new customers $200 in bet credits for making a $1 wager on any sport. Just deposit at least $10 or more and then bet at least $1 on any sports market to get $200 in bet credits. What a great offer!

How to Activate the bet365 NBA Draft Promo

1. Sign up for a new bet365 Sportsbook account
2. Deposit at least $10
3. Bet $1 on any sports market at -500 or greater odds (i.e. -400, +100)
4. Get $200 in bet credits once your first wager settles
5. The bet credits are attached to a 1x rollover

Where Can I Bet On The NBA Draft?

The best sports betting sites offer betting odds for the 2023 NBA Draft. In this guide, we outlined the best NBA Draft promo codes from BetMGM Sportsbook, Caesars Sportsbook, DraftKings Sportsbook, FanDuel Sportsbook, and Bet365 Sportsbook. They are all amazing welcome offers, so take your pick and start betting on the NBA draft today!

How To Bet On The NBA Draft

There are several ways you can bet on the NBA draft. The first is betting on who will be taken at No. 1 overall up to No. 10 overall.  With the No. 1 overall pick, Victor Wembanyama is -20000 odds, meaning he is a lock to be taken by the Spurs. 

With the No. 2 pick, Brandon Miller looks to be the Hornets’ most-likely pick as he’s at -500 odds, while Scoot Henderson is at -500 odds to go No. 3 to the Trail Blazers. Once you get past those first three picks, though, there is likely to be more variance with the selections.

Another way you can bet is by betting on the player’s draft position. For example, betting on whether or not Ausar Thompson is taken over or under the 5.5-pick mark. You can also bet on whether or not the players will be picked in the top five or the top-10. 

You can also bet on if a player will be taken in the first round. There is also the chance to bet head-to-head for which player will be taken first against another in the draft. As well, you can bet on the exact top-three and top-five pick orders. Basically, there are plenty of betting markets for the 2023 NBA Draft!