Online basketball betting saw a similar growth rate beginning in the mid-90s when the first online sportsbooks appeared. Now you don’t have to leave the house to bet on basketball games. We list basketball betting sites that offer wagering on the NBA, FIBA, BBL, NCAA and a whole host of other international leagues.
Here is a quick list of basketball wagering sites that get all the important aspects right:
Best Basketball Betting Sites
With many competing basketball betting websites covering multiple leagues with hundreds of bets opening every day. It’s now easier than ever to research and compile information for the purpose of finding profitable bets.
Choosing where to bet on basketball is the first step in a successful handicapping experience. It is easy to find a basketball betting site that will take your business. The biggest thing to look for here is overall quality. What we’re looking for here are basketball betting sites that provide security, a wide range of betting options, valuable promotions, and easy deposit methods.
Basketball Betting Promotions
Promos and welcome bonuses add nice value to the basketball gambling experience. When you sign up for an account at a basketball betting website you’ll receive a first time deposit bonus.
In most cases, basketball betting bonuses are released in increments as you place wagers. Every time you place a bet a piece of your bonus is released into your account. This continues until the entire bonus has been released. It’s a nice way to get a few extra bets in.
Online basketball betting promotions tend be most available at the beginning of a season, during playoffs, and upcoming championship events. Sometimes these take the form of reload bonuses, free wagers, special lines, and reduced juice.
Security is always the main thing I look for in any basketball betting website. Security is comprised of a few elements. A secure environment means the site itself is trustworthy. Does the site have a verifiable history of paying players quickly, hosting fair lines, and following up on promises? That is a basic requirement for listing here.
Coverage of basketball leagues, odds, and bonuses are also important, but security is essential. The only way to really know if any website is secure is to watch it over time. If you recognize any of the brands recommended above, that’s because the basketball betting sites have been in business for a long time.
All basketball bookmakers cover the NBA. But for die-hard hoops fans, there’s a whole world of professional basketball beyond the NBA. We have college basketball, international competitions, domestic European leagues, the British Basketball League, the Polish league, the Olympics and more.
Basketball wagering options come second only to security in terms of ranking a site. Expanded variety leads to expanded opportunity – especially in some of the lesser-known European leagues.
All basketball bettings sites listed on this page offer access to a wide variety of quick and easy deposit options, such as credit cards, instant bank transfers, and e-wallets such as PayPal.
Depositing and withdrawing takes greater importance in countries where banking laws make it difficult to move money to and from sports betting sites.
Any basketball sportsbooks that we recommend all have a history of paying legitimate winners promptly.
Popular Basketball Leagues to Bet On
The NBA is the highest level of professional basketball in the world, with the highest-paid athletes, and most consistent news coverage. However, the NBA is far from alone. There are a number of other basketball leagues that you can bet on at large online sportsbooks.
The premier basketball league in the world is the National Basketball Association. The NBA has 30 teams and two conferences, the Western & Eastern Conferences. Each conference has three divisions with five teams in each. After an 82 game regular season, eight teams from each conference make the playoffs.
Teams play a single elimination best of seven games series to decide who moves on the next round. In the end, one team will emerge from by the West and the East and will play for the NBA Championship, in the same best of seven game format.
We have taken our time in listing NBA betting sites that are safe and reputable.
College BasketBall: NCAA Basketball Betting
The United States has the best amateur college basketball players in the world competing in NCAA Basketball. College basketball has a massive following, with hundreds of teams across several divisions and action at many reputable NCAA basketball betting sites.
The NCAA has a 64 team single elimination tournament to decide the National Championship after reach regular season. Thus begins what we lovingly refer to as March Madness here in the States. It takes place every year in the middle of March. 32 of the teams in the tournament are entered automatically for winning their conference tournaments while the rest are “at large” bids decided by a selection committee.
All games are held at neutral locations and culminate when just two teams remain out of the 64 to battle it out for the NCAA Basketball Championship.
Wagering on Other Professional Basketball Leagues
There are dozens of international and domestic leagues around the world, complete with professional teams, dedicated fans, and championships. The UK, most of Europe and Asia all have professional basketball leagues and some very impressive talent from all parts of the world.
Euroleague Basketball is a Champions League type of competition for the best club basketball clubs in Europe. Every year the Euroleague pits the top teams from the previous year into pool play, and a Championship game at a neutral site.
It may come as a surprise to Westerners, but China has a strong basketball culture as well. In fact, basketball is ranked as the most popular sport in the country, with an estimated 300 million self-described players. The Chinese Basketball Association has adopted NBA rules and playoffs formats, which makes it the first country in Asia to do so.
International Basketball Championships
Basketball takes the world stage in two high profile championships. Every four years, Olympic-hopeful countries assemble the best basketball talent they have to compete for glory on the international stage. The United States has a long history of dominating the Olympics, but it’s never a foregone conclusion. Spain, Argentina, Lithuania, Croatia, France and Yugoslavia have all put together some very tough teams.
Another event hosted every four years is the FIBA World Cup, taking place every two years in between Olympic seasons. The FIBA World Cup has a similar format to the Olympics with a group stage followed by a single elimination knockout round.
How to Bet On Basketball Games
Basketball sportsbooks look like a foreign language to the uninitiated, but it helps to remember that in every wager you are predicting an outcome. If your prediction is correct, you’re going to win money. Every piece of information displayed on a betting board is somehow related to how much you’re risking, what you stand to win and what the terms of winning are.
In many cases, the basketball bets you see at basketball betting sites are actually a combination of wagers. Let’s take a look at an example to illustrate how it all works.
- Team A +7 (-115)| +245 | Over 198 (-105)
- Team B -7 (-105) | -290 | Under 198 (-115)
Basketball Point Spreads
There are three distinct wagers being displayed here. First is the point spread. The +7 next to the Team A means they are the underdogs and will be given 7 points for the purposes of wagering. This means if you bet on the Team A to win, you win the wager if theTeam A win outright or if they lose by fewer than 7 points.
Team B are the favorites in this matchup so they are giving up 7 points. If you place a bet on the Team B, they need to win by at least 7 points for you to win the bet. If they lose outright or win by fewer than 7, you lose the bet.
The -115 and -105 show how much you’re being asked to risk in comparison to the reward. Any time you see a negative number, it means you’re going to have to risk more than what you stand to win. The -115 next to the Team A shows that you’ll have to put up $115 for every $100 in potential winnings. The -105 next to theTeam B means you’ll have to put up $105 for every $100 in potential winnings.
Note: You don’t have to wager in multiples of 100. You could also look at -115 as being asked to risk $1.15 for every $1.00 in potential winnings.
Moving over one spot to the right, we see basketball moneyline totals. If you don’t like point spreads, you can just wager on the moneyline. In this wager, the point total doesn’t matter. The only thing that matters is your team getting the W.
The +245 next to Team A tells you that you’ll win $245 for every $100 risked on Team A. The basketball sportsbook is paying more for them in an effort to attract betting dollars on the underdog. The -290 next to Team B shows that you’ll have to risk $290 for every $100 in potential profits.
Basketball Prop Bets
As Basketball has increased in popularity, so has the number of wagering options for bettors. Proposition bets are sub outcome bets, which in basketball, are often related to points scored, rebounds, assists and other stat lines for individual players or teams. Here, is an example:
- Kevin Durant (Oklahoma City) Total Points
- Over 26 -110
- Under 26 -110
This basketball prop bet involves the total points for Kevin Durant, an All Star forward for the Oklahoma City Thunder. If bettors think KD will score more than 26 points, the bettor will wager over – if he thinks KD will score less, the bettor will wager under. It seems simple – because it is.
Prop bets at basketball betting sites can vary wildly from sportsbook to sportsbook, and can have a virtually unlimited number of wagering options. Bet types include which team scores first, points plus assists, basketball props that pit players against each other and much more.
Futures are long term wagers. Popular basketball futures include the championship of a particular league, runners up, and place of finish. Another popular basketball future wager is a particular team’s total wins, which bettors can select over or under.
Live “In Play” Basketball Betting
Live basketball betting has become increasingly popular and involves in-play betting for games that are already in progress. The odds will update live, and bettors will be able to choose from plenty of options such as prop bets, sides and totals. Nationally televised games or high profile contests will have a better chance to be picked up for live betting by the books.
Fantasy Basketball Betting
Fantasy basketball betting is a whole different form of wagering in which you draft individual players from around the league to form your own fantasy team. You can then pit your team against the fantasy teams assembled by other people in real money competitions and tournaments.
As your players rack up points on the court in the real world, you earn fantasy points for your team. The person whose team ends up with the most points wins the competition. Daily fantasy basketball leagues work a little differently than traditional leagues played in the past. Most notably, online leagues only last for a day or week as opposed to an entire season.
Daily fantasy basketball sites are the only legal sports option for US residents at this time, unlike other markets around the world that have chosen to license, tax, and regulate traditional sports betting. Read more at:
NBA Betting Sites
The NBA is a big draw for betting action in the United States and around in the world. In the US, only the NFL generates more betting dollars than NBA basketball. A lot of money trades hands every NBA season and all you need to do is capture a tiny portion of that money to reap a tidy profit.
Luck is always welcome in sports betting, but skill is the more reliable trait. If you know how to bet on basketball and have the discipline to do your research, it is possible to make real money betting on the NBA. The first step in getting started with NBA betting online is to find a reliable sportsbook for your action.
Best NBA Betting Sites
There are a number of things to look at when choosing an online sportsbook for real money NBA betting. First of all, it is key to stick with sites that are safe and reliable. The online sports betting industry is international in scope and the quality of betting sites ranges from awesome to terrible. The number one thing for you to do as a responsible bettor is to always do business with reputable bookmakers.
If you live in the United States, another important factor is the ease of depositing and withdrawing. Federal law in the US does not specifically make it illegal to place wagers online, but the law does make it difficult for sports betting websites to process financial transactions. Some books (such as those mentioned above) are much better than others at accepting deposits and processing withdrawals.
Other things you should consider include the NBA betting odds offered on games, basketball-related promotions, deposit bonuses and betting selection. Some sportsbooks keep it simple with a very basic offering of NBA wagers. Others take it much further by offering futures, prop bets, parlays and a variety of point spreads and point totals.
Types of NBA Bets and Wagers Explained
NBA betting takes a number of forms. The most basic bet is the moneyline wager, which is a straight up bet on who will win any particular game. There are no point handicaps to worry about in moneyline bets. Instead, the payout odds are set to give bigger payouts to the underdogs and smaller payouts to the favorites.
The nice thing about moneyline wagers is that underdogs pay very well when they win. This is because underdogs do not get a points handicap; they have to win straight up. The disadvantage is that big underdogs are risky.
However, point spreads should also have a place in your betting arsenal. With point spreads, the underdogs do not have to win straight up; they just have to score enough points to cover the spread. For example, a team set at +7.5 can lose by up to 7 points and still count as a win for your bet. The downside is the point spreads don’t pay as well for underdogs.
Prop bets have a sort of mixed reputation. Most people will tell you that the majority of prop bets are just straight up gambling. When it comes to bets like “who will score first” and “will Kobe score 28+ points tonight,” there’s just no realistic way to get a significant advantage over the long term. However, there are some people who claim to make good money with certain types of prop bets.
No matter what type of NBA betting you do, always shop for the best odds. It doesn’t matter if you’re an expert or a complete newbie; line shopping always helps the bottom line. Open an account at two or three online NBA betting books and compare the odds every single time you place a bet. If you always get the best odds for your bets, you will save a lot of money over the long term.
Plus, it’s never a bad idea to keep your bankroll split up across more than one site. Quality books earn their reputations over a long period of time, but I still don’t see any reason to keep all my eggs in one basket. It just makes sense to me: I spread my risk and I get to shop for the best odds.
NBA Off Season Betting
Online NBA betting isn’t restricted to any certain time of year. Yes, you’ll always find the most bets during the season, but there are bets available during the off season. At most betting sites, futures are offered well in advance of the season (and sometimes year-round).
Futures are limited mostly to straight up wagers on who will win next year’s NBA Championship and the East / West Finals. The earlier you place these wagers, the more likely you are to get favorable odds. The only problem with placing your futures early is that you don’t get a chance to see your team in action… which is actually kind of a big deal.
Futures stay open during the year as well, but the odds are adjusted every week as we see how every team performs in real games. As the year progresses, the odds on the favorites become less attractive while the odds on the underdogs become increasingly attractive.
The majority of futures are related to the NBA Championship but you can also sometimes find futures for specific players. Things like who will be the rookie of the year and who will win the MVP are somewhat common. Sometimes, those bets are listed in the “props” category at betting sites.
Offseason NBA betting is pretty hit-and-miss, but there are a few opportunities between the seasons. Just remember to save a little money for when the season really gets going. Futures take all season to resolve, so don’t get half your bankroll locked up in futures before the season even begins. All the real action (and the biggest opportunities) happens during the season.
Basic Basketball Betting Strategy
Basketball handicapping is a deep subject that could fill a thick book. Here, we’ll just start with the basics and look at a few things to consider when betting on a basketball game.
Mike Murphy is the founder of OnlineBettingSites.com and has over 10 years of experience in the legal online betting industry. A regular attendee of industry trade shows and conferences, Mike is a strong proponent of regulated markets and responsible gambling policies.