With NBA All-Star Weekend on the horizon, Thursday's betting board features plenty of NHL action to use the FanDuel promo for $150 in bonus bets.

You can place a minimum $5 wager on absolutely any sport and market listed on FanDuel Sportsbook, but it must win to score $150 in bonus value.

We suggest you take heavy favorite with the promo bet given that the bonus is reliant on success. The largest basketball and hockey favorites for Thursday evening are the Bucks -650 or the Flames -325.

There will be seven days to use the bonus bets, which can be used on a straight bet or parlay or some kind. You will select an option that reads "Add Bonus a Bet" in your bet slip and choose the amount you would like to place.

The best way to bank on bonus value is to enhance your expected value by betting on plus money. Expected value is a term for the average result if a game were played over an infinite amount of times.

Think of it like this: Let's say a sportsbook is pricing a favorite at -130 and you think you have a 60 percent chance of winning that bet. If you bet $130 and it wins, your payout is $230. The expected value of this is 60 percent of $230, which is $138.

That bet will be worth either $230 or $0, but remember its expected value is $138, which is an $8 win on an investment of $130. This is only 6.15 percent of your investment.

So it's best to bet plus to increase your return and compensate for the fact that you won't keep bonus value after using it — even if it wins.

For example, say you take the Sabres to beat the Panthers at +130: $100 in bonus bets would return a total payout of $130 in actual cash.

Step 1. Click here to visit FanDuel. Navigate to “Bet Now” in the middle of the page, and select your state.Step 2. Enter all the pertinent details needed.

Step 3. Confirm your age and eligibility. You must be 21, even in Kentucky, where sports betting is 18+ by law.Step 4. Deposit and make a $5 bet.

New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, PA, OH, TN, VA, VT, WV, WY only. Full T&C apply.