Basketball fans tuning in to the prime-time showdown at Rocket Arena can unlock significant value with the BetMGM promo code MHS1500. As the Cleveland Cavaliers host the New York Knicks this Tuesday, new users can leverage this welcome offer to get in on the NBA action.

Depending on your location, this promo code unlocks one of two exclusive opportunities: bettors in Michigan, New Jersey, Pennsylvania, and West Virginia can get $150 in bonus bets if they wager $10 and it wins, while users in all other legal states can access a First-Bet Offer up to $1,500, receiving their stake back in bonus bets if their initial wager loses.




As the Cavaliers prepare to defend their home court against the Knicks, prospective bettors can enhance their viewing experience on Peacock or MSG by activating this promotion. By utilizing the BetMGM bonus code, new customers gain access to a signup bonus tailored to their location ahead of this 7:30 PM EST tip-off.  For users in all other legal states, the promotion provides the $1,500 First Bet Offer exclusively, ensuring that if a bettor’s opening wager on the Knicks or Cavaliers settles as a loss, they receive their stake back in bonus bets.

BetMGM Promo Code MHS1500 Overview

As the Cleveland Cavaliers prepare to host the New York Knicks, prospective bettors can review the available sign-up offers below. This prime-time matchup, scheduled for February 24, 2026, at 7:30 PM EST, provides the perfect backdrop for utilizing these welcome offers with the BetMGM promo code.

For basketball fans located in Michigan, New Jersey, Pennsylvania, and West Virginia, the BetMGM bonus code offers a “Bet $10, Get $150” promotion activated by code MHS150; if a user places a $10 wager on the Knicks or Cavaliers and the bet wins, they receive $150 in bonuses.

Bettors residing in all other participating U.S. states have exclusive access to the $1,500 First Bet Offer using code MHS1500. Whether tuning in via Peacock nationally or watching on MSG, new users can place their opening wager on the Cleveland Cavaliers or New York Knicks with added confidence. If this initial bet—up to a maximum of $1,500—does not win, BetMGM returns the full stake amount as bonus bets.

New York Knicks vs. Cleveland Cavaliers Odds & Analysis

 

The oddsmakers at BetMGM have positioned the Cleveland Cavaliers as -3.5 home favorites against the New York Knicks. This line reflects Cleveland’s recent aggressive moves, specifically the acquisition of James Harden, which has bolstered their offense and provided a second elite creator alongside Donovan Mitchell. The Cavaliers have been strong in this specific betting scenario, going 4-0 against the spread (ATS) at home as a favorite over their last four games. They also hold a historical edge in recent matchups, boasting a 5-1 ATS record against the Knicks over their last six meetings.

However, the New York Knicks present a significant challenge. They lead the season series 2-0 and are currently sitting third in the Eastern Conference, just one game ahead of the fourth-seeded Cavaliers. A win for Cleveland would tie the records, adding heavy playoff implications to this contest. The Knicks have been resilient away from home, posting a 5-2 ATS record on the road over their last seven games. Offensively, both units are high-scoring; Cleveland averages 119.7 points at home, while New York averages 117.5 points on the road. With the total set at 232.5, bettors should note that the over has hit in four of the Knicks’ last 13 games following a win.

How to Activate Your BetMGM Promo Code for Knicks vs. Cavaliers

With the Cleveland Cavaliers set to host the New York Knicks at Rocket Arena this Tuesday, February 24, 2026, getting in on the action is a seamless process. Follow the steps below to claim your welcome offer before the 7:30 PM EST tip-off.

  1. Create Your Account: Click the exclusive links provided on this page to visit BetMGM or download the mobile app. You will need to register a new account by entering standard personal information, including your name, address, and date of birth, to verify your identity.
  2. Enter the Bonus Code:
    • MI, NJ, PA, and WV: Enter bonus code MHS150 during registration to unlock the “Bet $10, Get $150” offer.
    • All Other Legal States: Enter bonus code MHS1500 to activate the $1,500 First Bet Offer.
  3. Make a Deposit: Link a banking method and deposit at least $10 using one of the platform’s secure options to fund your account.
  4. Place Your Wager: Navigate to the NBA tab and place your qualifying wager on the Knicks vs. Cavaliers matchup.

Once the bet is placed, sit back and enjoy the game from Cleveland. If you utilized the MHS150 code (in select states), your bonus bets will be credited if your wager wins. If you utilized the MHS1500 code, you are covered—if your first bet on the game loses, your stake will be returned as bonus bets up to the maximum amount.