With legal sports betting now at your fingertips in over 30 states, it’s easier than ever to bet on basketball at one of the best NBA betting sites.
The NBA gives you plenty of games, teams and players to bet on across hundreds of odds markets. As a bettor, you’ll want to find the best NBA betting lines night after night plus NBA futures markets from NBA Finals odds to Rookie of the Year odds.
See below for where to look and more on betting on the NBA at the best sports betting sites.
Best NBA betting sites for 2023
When it comes to betting on the NBA, you can choose any online betting site and have plenty of odds to choose from.
You can bet everything from moneylines, totals, and point spreads to player props for scoring, rebounding, and assists, or futures bets like odd to win the Eastern Conference or individual award winners like NBA MVP odds.
Here are our favorite sportsbooks for NBA betting.
DraftKings Sportsbook for NBA betting
DraftKings is one of the most recognizable names in online sports betting, notably for its frequent promos to enhance NBA odds. The platform boasts a diverse range of prop bets tailored to the most prominent NBA players and provides a seamless live NBA betting experience through its app.
For newcomers, DraftKings has a lucrative offer. Upon joining, there’s no need for a special code to take advantage of a promo that includes a $50 bonus bet with any deposit and more offers reaching a total promotional value of up to $1,250.
In the past, DraftKings has run special promotions tailored to NBA enthusiasts. One such offer allowed customers to earn $200 in bonus bets simply by placing a $5 bet on any NBA Finals game. This highlights the company’s commitment to delivering value for its dedicated betting community.
FanDuel Sportsbook for NBA betting
FanDuel is another name that resonates strongly within the NBA betting community, garnering popularity and success akin to its counterpart, DraftKings.
Alongside the standard NBA odds you’d expect, FanDuel stands out with its expansive selection of NBA player and game props. It also has a unique feature allowing users to create same-game parlays. This lets bettors combine NBA moneylines, totals, and props, crafting a personalized betting experience tailored to their predictions and preferences.
Newcomers to FanDuel’s online sportsbook can typically claim $150 in bonus bets. To further sweeten the deal, they may offer three months of NBA League Pass. Claiming this promotion is straightforward: there’s no need for a special FanDuel promo code. Prospective bettors must sign up, deposit, and place a $5 bet to be eligible.
BetMGM Sportsbook for NBA betting
BetMGM is known for its comprehensive odds markets and the online sportsbook, coupled with its intuitive betting app, caters to a vast range of betting markets for all the premier sports. However, their NBA betting shines through as a significant highlight.
Setting it apart from the competition, BetMGM’s sports betting app is the only one that offers live streaming of NBA games, so you can watch the action as you bet.
NBA promotions are abundant at BetMGM. Past promotions have included “bet $10, get $200.” Under this promotion, bettors receive 20-1 odds, and their bet is deemed victorious as long as a single three-point field goal is scored in the game.
For new account, the BetMGM Sportsbook usually has a bonus of up to $1,500. If your first bet loses you can still get the value back in bonus bets.
BetRivers Sportsbook for NBA betting
For those who like both sports betting and online casino games, BetRivers has an integrated app to switch between the two using a singular account.
BetRivers doesn’t just stop at offering an integrated platform; they’ve also introduced the iRush Rewards program to elevate the betting experience. Unique in its approach, this program allows users to earn points as they place bets on sports.
What makes it particularly appealing is the flexibility: accumulated points can be utilized on BetRivers’ online casino
Dedicated promotions are a hallmark of BetRivers, and their engagement with NBA fans is evident. A past promotion, dubbed “NBA Wednesdays,” allowed users to wager up to $25 on any NBA game scheduled on a Wednesday.
The sweetener? A 20% profit boost if the bet was successful. New accounts typically can claim a second-chance bet that could reach up to $500, although this amount might differ based on the state.
How to sign up with a sportsbook and bet on the NBA online
You’ll need to open an account to bet on basketball at the top NBA betting sites. The good news is it is easy, quick, and free.
You can sign up and start betting using a laptop, phone or tablet. Use our links to access the sportsbook of your choice to get the best sports betting bonus available.
Once you’ve chosen your sportsbook, signing up for a new account takes a few simple steps.
It doesn’t matter which state you live in when you sign up for an account, but keep in mind that you have to be within the state lines where sports betting is legal to make wagers.
When you click “sign up” or “register” at a sportsbook, you’ll be asked for some identifying information, and that will include:
- First and last name
- Date of birth
- Home address
- Phone number
- Preferred email address
- Username and password
- Social Security number
Once you’ve finished supplying your personal information, you’ll be asked to accept the sportsbook’s terms and conditions. From there, you can claim your welcome bonus, which can come in many forms (be sure to read the requirements of any welcome bonus before using it).
If you need to use a bonus or promo code, enter it at this stage. Once you’ve signed up, make your initial deposit and you’re ready to start NBA betting.
See more: Best NBA betting promos
What to look for in an NBA betting site
Here are some key factors to consider:
Deposits and Payouts:
- Check if funds are available instantly after depositing.
- Understand the variety of deposit methods the sportsbook offers.
- For payouts, know the withdrawal methods and wait times.
- Be aware of any limits or restrictions on withdrawals.
- Always select betting sites offering the best NBA odds for long-term benefits.
- Odds can differ among sportsbooks; getting the best deal can increase your winnings.
- For instance, if one book offers the Boston Celtics at +800 and another at +1500, consider using both.
- Assess how easy it is to navigate the site.
- Gauge the efficiency of customer support.
- Ensure the site has a responsible gaming section.
- The overall user experience should be smooth and hassle-free.
Safety and Security:
- Top NBA betting sites prioritize users’ safety.
- Ensure your personal information is secure.
- Some sportsbooks excel in ensuring cybersecurity; always go for those with solid reputations.
How to find the best NBA lines
Not all sportsbook betting odds are created equal. If you’re willing to put in a little legwork, you can shop for the best NBA lines to maximize your potential return.
Movement in the odds depends on multiple factors, including team news, injuries, public betting, recent play, and even the number of games a team plays in a row.
Oddsmakers use all the available information to craft their lines, and you can find value in shopping around for the most favorable lines and odds.
You can use our NBA odds page (see link above) to find the best lines for your prospective bet, or you can open accounts at multiple sportsbooks and do the shopping yourself.
Either way, the line shopping strategy is designed to help you maximize your potential return.
NBA live betting
Thanks to the increased popularity of online sports betting apps, in-game betting has exploded nationwide. Also known as live betting, in-game betting allows you to bet on a game while it’s unfolding.
The action is fast, and the odds are constantly shifting, making for a new way to enjoy the flow of a game while still staying engaged as a bettor.
Depending on the sportsbook, there is usually a strong variety of live betting opportunities. You’ll find game and player prop bets like whether the next bucket will be worth one, two, or three points.
You can bet on the team that will lead at the end of the current quarter or on whether there will be a comeback victory. You can even boil live betting down to the results of the next possession.
All of the most popular sportsbook apps, such as DraftKings, FanDuel, and BetMGM, offer NBA in-game betting, though each has its own lines and betting opportunities.
What makes NBA betting special or unique?
Basketball odds are known to fluctuate more than those of other sports. The factors that play into those lines shifting can range from having only a few impact players per team to the sheer frequency of games.
By following a single team, you can track its momentum swings, which players tend to get on hot or cold streaks, or how well they play at home vs. on the road. You can use that information to your advantage for both pre-game wagers and live wagers.
Similar categories of moneylines, spreads, totals, and NBA prop bets should appear across both formats.
The NBA is also special because of the number of bets available for every game, ranging from the above-mentioned pre-game bets to live betting and parlays.
When you add up the standard bets, game props, player props, in-game betting, and more, there’s a staggering volume of bets for every NBA game at online sportsbooks.
See more: Best NCAA basketball betting sites
2023-24 NBA Season
Regular season begins
November 3 – December 9
All-Star Weekend 2024
Regular season ends
NBA Finals Game 1
NBA spreads, money lines, and over/unders
For anyone new to NBA betting, the staple wager types are:
NBA point spreads: Bet on games via margins of victory or loss. Say the New York Knicks are -7.5 favorites over the Miami Heat. That means the Knicks need to win the game by 8 points to win a spread bet. The Heat, on the other hand, can lose by up to 7 points (or win outright).
NBA moneylines: The simplest form of betting. You pick the winner of the game, and if you’re right, you’ll get paid out based on the odds when you finalize your bet slip. Favorites to win the game are shown negative odds, such as -135, while the underdogs will have positive odds, like +165.
NBA over/under bets: Also known as totals. These bets are focused on the combined point total of the two teams playing in a game. (Winners and losers don’t matter.) For example, in the Knicks vs. Heat matchup, the over/under could be set at 211.5 points. If you were to pick the over on the bet, you’d need the two teams to combine for 212 points or more to win. If you went with the under, they need to score 211 points or fewer.
NBA props and futures
NBA player and team props are growing in popularity. Sportsbooks are taking note and providing more NBA props than ever.
After all, it’s much easier to focus on a single player and how he will perform than it is the entire team. Player props could focus on how many points a player scores or how many rebounds he pulls down. These are typically provided in an over/under format.
Then, team props can range from which team will score the first bucket, to the total points scored in a quarter, to which team will lead at halftime, and more. The selection is often robust, especially when high-profile teams play.
Futures bets are exactly what their name implies: bets on specific events that will happen in the future. Common futures markets include:
and much more. You can usually bet on NBA futures odds throughout the year, including well before the season starts and throughout the regular season. The further away from the event, the more likely you will find heavier odds in your favor.
Is NBA betting legal in the U.S.?
In the US, the landscape of sports betting, specifically NBA betting, has evolved considerably. While NBA betting is permitted, its legality varies across the nation. The significant turning point came in 2018, when the US Supreme Court made a pivotal decision. It overturned a longstanding federal law and allowed individual states the autonomy to determine their own sports betting regulations.
This groundbreaking decision sparked a wave of change. Since that landmark ruling, over 30 states have stepped forward and embraced sports betting, including wagers on the NBA. For those residing or visiting betting-friendly states, the experience promises fairness and security.
State-regulated online betting platforms are in place, ensuring that bettors receive fair odds. Furthermore, these platforms adhere to strict standards, ensuring a safe and transparent betting environment for everyone involved.
Source : ESPN.com