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Saturday night of NBA All-Star Weekend is arguably the best part of the entire weekend, highlighted by the 3-point contest and the slam dunk contest. While many stars have shied away from participating in the slam dunk contest in recent years, the 3-point contest is the exact opposite. Many of the league's biggest superstars, including Damian Lillard, Jamal Murray, Tyrese Maxey and Donovan Mitchell, are participating in the eight-person NBA 3-Point Contest on Saturday from the Intuit Dome in Inglewood, Calif., beginning at 5 p.m. ET. 

Lillard, who has won two of the last three 3-point shooting contests, is one of the two co-favorites in the latest 3-point contest NBA odds. The 35-year-old nine-time All-Star is a +400 co-favorite with Hornets rookie guard Kon Knueppel. Murray follows at +450, while  Maxey and Mitchell have +600 odds to win the 2026 NBA 3-Point Contest. 

If you're wondering how and where to bet on the 2026 3-point contest, you can use this NBA betting guide. Here are some of the top sportsbook promos at betting sites, as well as the  that are available for NBA 3-Point Contest 2026. You can also read the instructions on how to claim each offer and where to bet on the 3-point contest.

Where to bet on the NBA 3-Point Contest 2026

BrandPromoCBS promo code
DraftKingsBet $5, get $300 in bonus bets if your first bet winsJust click here
BetMGMUp to 1,500 in bonus bets if your first bet losesCBSSPORTS
bet365Bet $5, get $150 in bonus bets instantly CBSBET365
CaesarsFirst bet matched up to $250 as bonus bets, win or loseCBSSPORTS250BM
FanDuelBet $5, get $100 in bonus bets if your first bet winsJust click here
FanaticsBet and get up to $1,000 in No Sweat Bets FanCashCBSFAN

The current DraftKings promo code and FanDuel promo code offer bonus bets for new users after placing a wager of $5 or more, only if the bet wins. DraftKings pays $300 in bonus bets if your first bet wins with a minimum odds of -500, while FanDuel pays $100 in bonus bets if your first bet wins. The current bet365 bonus code also requires a $5 bet, but you receive $150 in bonus bets instantly, regardless of the wager's result. Bet on the NBA 3-Point Contest at DraftKings to get $300 with a winning $5 wager here:

The latest Fanatics Sportsbook promo code CBSFAN provides new users who place a cash wager of at least $1 on any market with odds of -500 or longer up to $100 in FanCash per day every day for ten (10) consecutive days, if the initial wager settles as a loss. This promotion is available to eligible users in states where Fanatics Sportsbook legally operates (except New York). The latest BetMGM bonus code CBSSPORTS offers a similar concept with a bonus bet safety net if your first bet loses. However, BetMGM is a one-time offer, awarding new users up to $1,500 back in bonus bets if their first bet loses. You can use the latest BetMGM bonus code to get up to a $1,500 safety net on the NBA 3-Point Contest here:

The Caesars Sportsbook promo code CBS250BM matches your first bet up to $250 as a bonus bet, whether it wins or loses. After placing a qualifying wager with odds of -500 or longer, users will receive bonus bets equal to the amount of the first wager, up to $250. Bet on the NBA 3-Point Contest at Caesars Sportsbook, where you can get your first bet matched up to $250 in bonus bets:

What is the NBA 3-Point Contest format and rules?

The eight competitors have 70 seconds in the opening round to take five shots from five different racked positions on the court (two in the corners, one at the top of the key, and two on the wings). Each made 3-pointer is worth one point, except for the final ball in each rack, a multicolored ball referred to as the money ball, which is worth two points. Additionally, each shooter can turn one of their five racks entirely into money balls, meaning each shot is worth two points. There are also two "From the Logo" balls placed six feet behind the 3-point line, worth three points. 

The eight shooters complete this process for two rounds, and the top three scorers advance to the final. The final is the same process, and the shooter with the best score is the winner.

When and where is the 2026 NBA 3-Point Contest?

The 2026 NBA 3-Point Contest is the first of three events on NBA All-Star Saturday from the Intuit Dome, home of the Los Angeles Clippers, in Inglewood, Calif. NBA All-Star Saturday begins at 5 p.m. ET with the 3-point contest, followed by the shooting stars and then the slam dunk contest. 

2026 NBA 3-Point Contest betting preview

Damian Lillard hasn't stepped on an NBA court this season, but that won't stop him from going for 3-point contest history. The two-time 3-point champion tore his Achilles in last year's postseason with the Bucks and signed to return to the Trail Blazers, where he spent the first 11 years of his career, this offseason. Lillard hasn't returned for game action yet, but he's competing in Saturday's 3-point contest for the sixth time in his career. Lillard won this event in 2023 and 2024 and is one win away from tying Larry Bird and Craig Hodges for the most all-time.

Kon Knueppel, the No. 4 overall pick in the 2025 NBA Draft out of Duke, is tied with Lillard as the co-favorite at +400 odds. Knueppel is second in the NBA in made 3-pointers this season. Cavaliers guard Donovan Mitchell, who is also participating in the 3-point contest, leads the NBA in triples. Competitors Tyrese Maxey (fourth) and Jamal Murray (ninth) also rank in the top 10 in made triples this year.

Lillard (+400), Knueppel (+400) and Murray (+450) are the three competitors with odds below 5-1 in the latest NBA 3-Point Contest odds. The eight-shooter fielder also features Maxey (+600), Mitchell (+600), Norman Powell (+650), Devin Booker (+750) and Bobby Portis (+1000).

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