It's a busy night of hoops on Wednesday and right now with the new DraftKings promo code, you can earn $300 in bonus bets if your first $5 wager is a winner. There are seven games on the NBA schedule, including Bulls vs. Jazz at 8 p.m. ET and Kings vs. Knicks at 10 p.m. ET. We'll see Duke in late-night action in college basketball as they visit California for an 11 p.m. ET tipoff. Claim your DraftKings promo code here:

For the full terms and conditions and how to claim the promo, read our DraftKings promo code review.

How to claim the DraftKings promo code 

No code is required for this online sports betting offer, but users have to be of legal age in a state where DraftKings legitimately operates. You must also be a new user at the sportsbook to qualify for the offer, meaning you could not have previously signed up for a DraftKings account. Here's how to sign up for one of the top betting sites.

  1. Select "Claim Bonus" on this page, or click here.
  2. Create a DraftKings Sportsbook account by entering all required information, including name, email and the last four digits of your Social Security number.
  3. Agree to DraftKings' terms and conditions.
  4. Make an initial deposit of $5 or more
  5. Place a first bet of at least $5 with odds of -500 or shorter and collect your bonus bets if the wager wins.

Get started here:

You will receive DraftKings' bonus bets in the form of $25 slips within 72 hours of your qualifying wager settling as a win. Bonus bets are valid for seven days after they are received. They hold no cash value. Payouts from bonus bets are transferred to the user's cash balance and do not include the bonus bet stake.

Wednesday NBA betting preview

We're nearly three decades removed from Michael Jordan and Karl Malone facing off in the NBA Finals in back-to-back seasons, but there's some lingering resentment between the Chicago Bulls and Utah Jazz. Lauri Markkanen was a Bulls draft pick that has come of age since joining the Jazz and he's averaged 26.0 points per game against Chicago since leaving. However, the Bulls are 2.5-point favorites at home for tonight's matchup while the over/under is 244.5.

Meanwhile, the New York Knicks have moved back into second in the Eastern Conference and they'll visit the Sacramento Kings on Wednesday. The Kings have back-to-back games for only the second time all season entering tonight's contest, but the Knicks are still 11.5-point road favorites in the NBA odds from DraftKings while the over/under is 231.5. Get $300 in bonus bets after if your first $5 wager wins:

Wednesday college basketball betting preview

There aren't any top-25 matchups on the Wednesday college basketball schedule, but there 12 ranked teams in action. That includes No. 1 Arizona, which hosts arch rivals Arizona State for a 10:30 p.m. ET tipoff in Tucson. The Wildcats are 21.5-point favorites over the Sun Devils and the latest college basketball odds from DraftKings also list the over/under at 167.5.

Half an hour later, No. 6 Duke will be in action against Cal for an ACC matchup that requires a 2,500-mile plane ride. Duke freshman Cam Boozer is the favorite to win national player of the year honors (-200) in the latest DraftKings college basketball futures. His Blue Devils are favored by 12.5 on the road on Wednesday while the over/under is 152.5. Get $300 in bonus bets after if your first $5 wager wins:

Responsible Gaming at DraftKings

DraftKings provides a "Responsible Gaming Center" tab for users on their profile pages. This landing page includes help for problem gambling as well as "Safer Play Tools," a list of options that allow users to limit their use of the app with deposit limits (daily, weekly or monthly), wagering limits, max wager limits and time limits. The platform also has a support team available 24/7 via live chat, and provides contact information for state and national helplines for those who need additional help. If you think you may have a gambling problem, you can call or text 1-800-GAMBLER.