NBA Cup Odds: How to Bet on the NBA Cup Knockout Rounds

NBA Cup Odds: How to Bet on the NBA Cup Knockout Rounds

The 2025 NBA Cup has reached its knockout stage, bringing added intensity to the regular season. Introduced in 2023, the NBA Cup is the league’s new in-season tournament designed to add drama and give players and fans a midseason trophy to chase.

The format features group play followed by single-elimination rounds, with the semifinals and championship set for Las Vegas (Dec. 13 and Dec. 16).

The stakes are massive: each player on the winning team earns $500,000, while runners-up and semifinalists also receive significant prize money.

With the Orlando Magic, Miami Heat, Toronto Raptors, New York Knicks, Oklahoma City Thunder, Phoenix Suns, Los Angeles Lakers, and San Antonio Spurs all still alive, the quarterfinals this week will determine who advances to Vegas.

For bettors, the NBA Cup offers unique opportunities - knockout games mean shorter rotations, playoff-style intensity, and futures markets on who will lift the trophy. To help you join the action, major sportsbooks are rolling out standout promos:

• DraftKings: Bet $5, Get $200 in Bonus Bets (if your wager wins).
• BetMGM: Bet $10, Get $150 in select states (MI, NJ, PA, WV) or First Bet Offer up to $1,500 everywhere else.
• FanDuel: Bet $5, Get $150 in Bonus Bets.
• Bet365: Bet $5, Get $150 in Bonus Bets, win or lose.

Together, these offers give new users hundreds in bonus value to use on NBA Cup odds, whether you’re backing favorites like the Thunder and Knicks or chasing underdog value with the Spurs or Raptors this is the perfect time to get involved.

See below how to claim the best sportsbook welcome offers available right now!

DraftKings Promo – Bet $5, Get $200 Instantly (If Your Bet Wins)

Here’s how to claim the DraftKings offer ahead of the NBA Cup quarterfinals today:

Step One: CLICK HERE or head to DraftKings and register a new account.

Step Two: Deposit $5 or more into your DraftKings account. No Promo Code is required.

Step Three: Place a $5 bet on any NBA Cup market.

Step Four: If your bet wins, you’ll receive $200 in bonus bets instantly.

FanDuel Promo – Bet $5, Get $150

Are you new to FanDuel? Here’s how you can claim their epic new-customer offer:

Step One: CLICK HERE or visit FanDuel Sportsbook and register a new account.

Step Two: Make a deposit of at least $5 into your FanDuel account.

Step Three: Wager $5 on any market – including the NBA Cup

Step Four: If your wager wins, you’ll receive $150 in bonus bets credited to your account.

Bet365 Promo – $150 Bonus Using Code 'CHECK'

Here’s how to redeem the Bet365 offer for the NBA Cup:

Step One: CLICK HERE or go to Bet365’s website and ensure you qualify (new-customer only).

Step Two: Register your new Bet365 account using the code ‘CHECK’.

Step Three: Deposit $10, then wager $5 on any NBA Cup market via Bet365.

Step Four: If your wager wins or loses, you’ll receive $150 in bonus bets thanks to the Bet365 promotion.

BetMGM Promo – Bet $10, Get $150 (MI/NJ/PA/WV)

For Michigan, New Jersey, Pennsylvania, West Virginia (Bet & Get):

Step One: CLICK HERE or visit BetMGM’s website and register a new account.

Step Two: Deposit $10.

Step Three: Place your first $10 bet on any qualifying NBA Cup market.

Step Four: If that bet wins, you’ll receive $150 in bonus bets in addition to your cash winnings.

First-Bet Offer Up to $1,500 (All Other States):

Step One: Visit BetMGM or click the offer widget; enter bonus code OCMAX1500 if prompted.

Step Two: Deposit between $10 and $1,500.

Step Three: Place your first qualifying wager (straight, parlay, SGP etc.).

Step Four: If it wins: you keep your profits + original stake. If it loses: BetMGM refunds your original wager as bonus bets (up to $1,500).

NBA Cup Quarterfinal Games and Odds

Here are the latest odds for the NBA Cup Quarterfinal matchups this week!

Miami Heat vs Orlando Magic

• Moneyline: Heat -120, Magic +110
• Spread: Heat -2.5 (-102), Magic +2.5 (-110)
• Total: O234.5 (-106), U234.5 (-108)

New York Knicks vs Toronto Raptors

• Moneyline: Knicks -185, Raptors +160
• Spread: Knicks -4.5 (-105), Raptors +4.5 (-110)
• Total: O226 (-108), U226 (-110)

Phoenix Suns vs Oklahoma City Thunder

• Moneyline: Suns +900, Thunder -1300
• Spread: Suns +15.5 (-105), Thunder -15.5 (-110)
• Total: O224.5 (-110), U224.5 (-110)

San Antonio Spurs vs Los Angeles Lakers

• Moneyline: Spurs +158, Lakers -178
• Spread: Spurs +4.5 (-105), Lakers -4.5 (-108)
• Total: O234.5 (-110), U234.5 (-106)

The winners advance to Las Vegas for the semifinals, with the championship game crowning the third-ever NBA Cup champion.

How to Bet – Popular Betting Markets for Basketball

Here are the main markets you’ll see and how to approach them:

• Moneyline – Simply pick the team you believe will win the game outright.
• Point Spread – One team will be giving (-) points or getting (+) points; e.g., Knicks -4 means they must win by 5+ for a winner ticket.
• Total Points (Over/Under) – Bet on whether the combined score of both teams will be over or under a set number.
• Player Props – These include individual player performances: points scored, rebounds, assists, three-point makes, etc.
• Same Game Parlays (SGPs) – Combine multiple bets from the same opening-day game (e.g., LA to win + Over 145.5 points + Player X 18+ points) for higher potential payout - but every leg must hit.
• Live Betting – As the knockout games begin, watch for momentum swings, early foul trouble or injuries that open up second-half live-bet value.