DraftKings promo offers $300 in bonus bets as SportsLine backs Cavaliers, North Carolina

Cbssports reports the latest DraftKings promo code gives new users $300 in bonus bets if their first $5 bet wins, and SportsLine's projection model highlighted Cavaliers-76ers and North Carolina-Stanford among its Wednesday best bets.

SportsLine listed Wednesday best bets as the Cavaliers (listed at -108) to defeat the 76ers, No. 14 North Carolina to cover as 3.5-point favorites against Stanford, and Iona (-7.5) over Rider. The model has the Cavaliers winning in about 60% of simulations and projects North Carolina to cover in 57% of runs; it simulates every NBA game 10,000 times and the outlet says the model has returned well over $10,000 in betting profit for $100 players on its top-rated NBA picks over the past eight-plus seasons. The Cavaliers enter the matchup with a 22-19 start after a 123-112 loss to the Jazz and have won two of their last three road games, while North Carolina (14-2) is 8-1 over its last nine games and forward Caleb Wilson is averaging 19.5 points and 11 rebounds in recent play.

The injury report indicates both NBA teams will likely be near full strength, and combining the three picks into a Wednesday parlay would show a payout of +608 (risk $100 to win $608), with odds subject to change; bettors can place these selections at DraftKings where the promo applies if the first $5 bet wins.

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Sports, Draftkings, Sportsline, Cleveland Cavaliers, North Carolina, Caleb Wilson