NBA Betting Guide – Compare the Best NBA Sportsbooks

Whether you’re a fan of the Chicago Bulls or the LA Lakers, if you’re looking for the best NBA sportsbook, you’ve come to the right place. In this guide, we take an in-depth look at everything you need to know about NBA betting, from the types of bets you can place to whether you can live bet on basketball and the top NBA betting systems. 

We also rank and review the best NBA betting sites to help you find the one that most suits your needs. So, keep reading to find out which offshore sportsbooks topped our list and which offer the most impressive NBA odds.

NBA Sportsbooks

List of the Best Sportsbooks for NBA Betting

Although many online sportsbooks offer NBA wagering, not all are reputable or offer the greatest odds. So, our experts have listed their top ten recommendations below to help you find the best offshore NBA sportsbook.

  1. BetOnline – Best NBA Sportsbook Overall
  2. Xbet – A User-Friendly Sportsbook for New NBA Bettors
  3. MyBookie – Top Sportsbook for Live Betting on the NBA
  4. BetUS – Largest Crypto Welcome Bonus for NBA Bettors
  5. Bovada – Best NBA Sportsbook for Live Streaming Games
  6. Sportsbetting.ag – Excellent NBA Prop Bet Markets
  7. BUSR – A Leading Site for Competitive NBA Odds
  8. Everygame – Best Sportsbook for NBA Futures Betting
  9. Betanysports – Top NBA Betting Site for Fast Payouts
  10. Jazz – A Leading NBA Betting Site for Diverse Promotions

Reviews of the Best NBA Betting Sites

Besides offering you a list of the best NBA sportsbook recommendations, we have reviewed all ten, giving you insight into why we chose them. So, let’s look more closely at each offshore NBA sportsbook:

1. BetOnline – Best NBA Sportsbook Overall

BetOnline NBA

Besides offering a fantastic reputation and a newly upgraded site, BetOnline is a leading NBA sportsbook that sits at the top of our list. So whether you are looking for excellent odds or several ways to place a bet, BetOnline is the NBA betting site to visit. 

In addition to moneyline bets that enable you to back the team you think will win the game, BetOnline also offers exciting player and game props and several futures bets on NBA games.

When it comes to basketball, BetOnline offers more than just NBA markets and provides wagering on the NCAA and WNBA. Further, the site ranks as one of the best NFL betting sites, so if you are a football fan, this may be the site you need. 

In addition to several sports markets, BetOnline makes it simple for bettors to deposit and withdraw funds from their sportsbook account by accepting various payment methods, including Bitcoin, Ethereum, Litecoin, Visa, MasterCard, and Neteller. Further, because BetOnline imposes no fees on Bitcoin withdrawals, we place it as one of the best Bitcoin betting sites.

Lastly, BetOnline offers players new and returning several impressive bonuses. However, you’ll need to use a BetOnline promo code to unlock them.

Pros:

  • Provides various banking methods
  • No fees for Bitcoin withdrawals
  • Excellent player props for NBA games
  • Posts NBA odds earlier than other sportsbooks
  • Features NCAA and WNBA betting lines

Cons:

  • Does not live stream NBA games 

2. XBet – A User-Friendly Sportsbook for New NBA Bettors

XBet NBA

While most NBA bettors are old hats, some are new to the game, and having an NBA sportsbook like XBet that is user-friendly and easy to navigate makes all the difference. As a result, we recommend this betting site for new bettors wanting to learn the ropes. 

In addition to a well-designed website, XBet offers several betting markets for NBA and NCAA basketball, including moneylines, spread bets, totals, and futures bets. Further, the site features an outstanding live betting suite that makes placing in-game wagers quick and easy. 

Another aspect of XBet that impressed us is the excellent odds offered on NBA games and the several promotions that make it easier for bettors to take advantage of these odds. As a result, bettors with XBet promo codes can boost their bankrolls and place several NBA wagers.

Pros:

  • User-friendly site for new bettors
  • Fantastic futures markets for NBA betting
  • Features odds boosts for some NBA/NCAA games
  • Welcome promotion has low rollover requirements
  • Real fast payouts

Cons:

  • Minimal bonuses compared to competitors

3. MyBookie – Top Sportsbook for Live Betting on the NBA

MyBookie NBA

When looking for an offshore NBA sportsbook that offers exceptional live betting, head to MyBookie. In addition to offering an extensive live betting suite with several betting lines, MyBookie also provides competitive NBA odds and various traditional betting lines, including parlays, props, moneylines, spread points, and totals. Further, MyBookie offers excellent props for the NBA finals.

Another feature MyBookie visitors will find impressive is the website’s seamless functionality on mobile devices. As a result, bettors can use MyBookie on their computers or mobile devices and wager on NBA games on the go. 

Besides taking advantage of these excellent features, bettors with MyBookie promo codes can boost their bankrolls with various outstanding promos, including the best free bets, matched deposits, and odds hunts.

Pros:

  • Impressive VIP program
  • Functions seamlessly on mobile
  • Holds a Curacao license
  • Provide in-depth info for new bettors
  • Features prop bets for NBA finals

Cons:

  • Less competitive NBA odds than other sportsbooks

4. BetUS – Largest Crypto Welcome Bonus for NBA Bettors

BetUS NBA

If the promotions offered by an NBA sportsbook are as essential to you as the odds offered, then BetUS is the betting site for you. While providing many impressive features, the sportsbook stands out for its generous promotions, particularly for cryptocurrency bettors. So, why not use a BetUS promo code and wager on a lot more?

When it comes to the sports markets offered, BetUS has more than a few and ranks as one of the best UFC betting sites around. However, NBA bettors will find that the sportsbook provides a selection of betting options, including several player specials or futures well ahead of the season. 

Further, if you want a little in-game betting action, you’ll find it here since BetUS offers a live betting suite. 

Another equally impressive feature of this sportsbook is the in-depth detail it provides on the latest metrics and stats of the NBA teams, making it easier to place more accurate wagers.

Pros:

  • Encourages crypto players with great promos
  • Offers futures well ahead of time
  • Provides in-depth stats and updates
  • Speedy payouts
  • Provides risk-free bets

Cons:

  • No WNBA futures offered

5. Bovada – Best NBA Sportsbook for Live Streaming Games

Bovada NBA

When wagering online, having the game displayed on the same screen as the betting odds and updates is much more helpful. Further, having the game streamed live in HD is even better. So, if this sounds like something that would impress you, head to Bovada. Since it is an NBA sportsbook that live-streams NBA games and offers live betting, many bettors rank it as one of the best online sportsbooks in the US.

In addition, Bovada offers one of the best betting apps, providing bettors with a downloadable app compatible with iOS and Android devices. As a result, you can catch the game live and wager wherever you go. 

Another excellent feature of Bovada is the betting options offered, including an assortment of exciting prop bets and futures. 

Finally, bettors with Bovada bonus codes can claim several generous promotions when making their first deposit, making it easier to place bigger bets on your favorite team.

Pros:

  • Features a large selection of exciting NBA props
  • Provides a mobile app compatible with iOS and Android
  • Posts updates in real-time
  • Speedy payouts
  • Live-streaming of NBA games

Cons:

  • Average moneyline odds

6. Sportsbetting.ag – Excellent NBA Prop Bet Markets

Sportsbetting.ag NBA

Another fantastic NBA sportsbook worth visiting is Sportsbetting.ag. Besides providing betting lines on the NBA, the betting site also covers the NCAA and the WNBA, providing players with lots of basketball action. 

When it comes to betting markets, bettors will find futures betting on the NBA, College Basketball, and the Womens’ National Basketball Association. Further, bettors can take advantage of several game and player props that add many more ways to win and excitement to the betting experience. Additionally, the sportsbook features a unique live betting suite so you can place wagers even after the game has begun.

Although the odds offered by Sportsbetting.ag are reasonable, there is no Dimes betting, with most ranging between 20 and 30 cents. 

Besides offering several promotions, Sportsbetting.ag makes it simple for bettors to fund their accounts by accepting a diverse assortment of banking options. These include Avalanche, Apecoin, Bitcoin, Dogecoin, Litecoin, Ethereum, Ripple, Money Order, Bank Transfer, Visa, MasterCard, and Person to Person.

Pros:

  • Extensive range of crypto banking choices
  • Covers the NCAA, NBA, and WNBA
  • Diverse futures betting options
  • Holds a Panama Gaming Commission License
  • Does not restrict any states

Cons:

  • High minimum withdrawal limits

7. BUSR – A Leading Site for Competitive NBA Odds

BUSR

Another NBA sportsbook with exceptional odds is BUSR. While most bettors recognize the betting site for horse racing betting, it also provides fantastic odds and betting markets for NBA bettors. When it comes to basketball betting, BUSR covers several markets, offering wagering on the 2023 NBA Championship, the Conference Champions, the Regular Season MVP, Rookie Player of the Year, and Defensive Player of the year. In addition to these exciting futures, BUSR also offers totals, moneyline bets, and spread bets on NBA games. 

While the site has impressive betting options, the same cannot be said of its banking options which are minimal at best. However, those options offered cover the more popular methods which make up for the lack of diversity.  

Lastly, Bettors with BUSR promo codes can enjoy several bonuses, including matched deposits, referral bonuses, and reloads.

Pros:

  • Most impressive racebook
  • Offers in-play wagering for NBA games
  • Covers several NBA events including the Championships
  • Includes a props builder
  • Rewards crypto bettors

Cons:

  • Limited deposit options

8. Everygame – Best Sportsbook for NBA Futures Betting

Everygame NBA

While most bettors visit an NBA sportsbook to place spread bets, props, or moneylines, Everygame makes its mark by offering outstanding futures betting on basketball games. As a result, bettors can find options like the NBA and WNBA 2022/23 Championship: To Win Outright. Further, there are several betting lines for the NBA summer league. 

However, bettors can also place parlays and prop bets, and if it grabs you, live betting is provided by the sportsbook. Further, Everygame frequently updates the scores and stats, keeping you abreast of changes that may affect your in-play betting.

When it comes to promos, Everygame features several unique options for bettors with Everygame promo codes, including odds hunts, matched deposits, and referral bonuses. 

Finally, Everygame has an extensive banking section that accepts various cryptocurrencies, traditional payment methods like credit cards, and eWallets. As a result, bettors will find it simple to deposit funds and start wagering on the latest NBA action.

Pros:

  • Offers unique promotions
  • Outstanding customer support team
  • Exceptional futures betting options on the NBA and WNBA
  • Covers the NBA Summer League
  • Holds an offshore sportsbook license from Antigua

Cons:

  • Although diverse, the promos are limited

9. BetAnySports – Top NBA Betting Site for Fast Payouts

BetAnySports NBA

If you’re looking for the NBA sportsbook with the fastest payouts, BetAnySports is the betting site to visit. However, there are a few elements to consider here. Firstly, the site has limited banking options, and withdrawals like ACH transfers incur relatively high fees. But, BAS doesn’t charge deposit fees, evening things out somewhat.

Although the sportsbook is not a visual masterpiece, it chooses instead to place all the excitement in the promos and markets it provides. As a result, bettors with a BetAnySports promo code can enjoy various bankroll-boosting options.

When looking at the betting options for NBA wagering, bettors will find some of the best if-bets and totals available. But, remember that the site’s if-bets are win only or win and pushes. Further bettors can place several teasers, parlays, and in-play bets.

Pros:

  • Covers a wind range of sports markets
  • Deposits are fee-free
  • Extended betting limits
  • Various promotions for you to choose between
  • Accepts above-average max bets

Cons:

  • Limited if-bets

10. Jazz – A Leading NBA Betting Site for Diverse Promotions

Jazz Sports NBA

Another NBA sportsbook that offers live-streaming of basketball games is Jazz. However, to stream these games on the Jazz website, you must have placed a bet on that particular game. 

Further, Jazz provides some impressive betting markets, too, from live betting after the game has started to futures and moneylines. However, the site does not offer prop bets. 

Another area the site could improve on is its banking options. In addition to offering minimal payment methods, all options, with the exception of Bitcoin, have a high minimum deposit of $100. 

However, bettors will find that the sportsbook has an exceptional customer care team that operates 24/7 to ensure that any issues you encounter are quickly resolved. 

Finally, bettors using Jazz promo codes can boost their spending amount and take advantage of the sportsbooks range of promotions.

Pros:

  • Impressive odds on the NCAA
  • NBA games can be live-streamed by active bettors
  • Covers international leagues like the FIBA Asia and Uruguay Metro League
  • Exciting promotions
  • Speedy withdrawals 

Cons:

  • Few to no prop options

Comparing NBA Sportsbooks

Besides looking at NBA sportsbook reviews, comparing the features of each betting site side-by-side makes it easier to find the NBA sportsbook best suited to your needs. So, we created the table below to help you do precisely that.

Sportsbook Best Bonus Free Bets Prop Bets Live Betting Live Streaming
BetOnline 50% Welcome Bonus up to $1,000 on your first-ever deposit
Xbet 100% Sports Sign-up Bonus up to $500
MyBookie 100% matched deposit up to $1,000
BetUS 125% sign-up bonus up to $2,500
Bovada 100% Bitcoin Match bonus of up to $1000 
Sportsbetting.ag 50% Deposit Match up to $1000
BUSR 100% Crypto Bonus up to $1000
Everygame 100% First Deposit Match

up to $100

BetAnySports 35% Free Play Bonus up to $700
Jazz 50% Sports Welcome Bonus up to $1,000

What is NBA Betting?

When wagering on the NBA, you’ll find there are several ways to bet, from moneylines (predicting who will win the game) to spreads (how many points you think each team will win or lose by) and totals (guessing the total number of points scored in a game). Further, bettors can place prop bets on teams or individual players or futures bets. 

However, before placing a wager, it is essential to understand how the NBA is structured. Presently, 30 teams make up the NBA, and these are divided into two conferences, the Eastern Conference and the Western Conference. Then, the Eastern Conference splits into the Atlantic, Central, and Southeast Divisions. Further, the Western Conference also splits into three divisions: The Northwest, Southwest, and Pacific. 

When looking at how the NBA is scheduled, bettors will find that the NBA begins in the last week of October with the regular season. Further, this sees each team play 82 games against the other teams in its division and then against the other teams in its conference. Finally, the regular season concludes in mid-April, having paused in February for the annual NBA All-Star Game. Following the Regular Season, the Playoffs begin in late April, with the top eight teams in each conference, irrespective of divisional alignment, competing for the league’s championship title, the Larry O’Brien Championship Trophy.

Is it Legal to Bet on NBA in the US?

Since the Supreme Court of the United States repealed PASPA, individual states have had the opportunity to legalize sports betting in person, online, or both. As a result, 30 states and DC now offer legal sports wagering, including betting on the NBA. As a result, you can head to any of the following states to place a bet on the NBA: 

  • Arizona
  • Arkansas
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Louisiana
  • Maryland
  • Michigan
  • Montana
  • Nevada
  • New Hampshire
  • New Jersey
  • New York
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Virginia
  • Washington DC
  • West Virginia
  • Tennessee
  • Wyoming
  • Delaware
  • Mississippi
  • New Mexico
  • North Carolina
  • South Dakota
  • Washington
  • Wisconsin

However, not all of these states permit online or mobile sports betting. But you can visit Arizona, Arkansas, Colorado, Connecticut, Indiana, Iowa, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Tennessee, Washington DC, Virginia, West Virginia, and Wyoming to use an online NBA sportsbook legally.

However, if you’re in a state that doesn’t yet offer sports betting or online sports betting, you can use the best offshore betting sites online, like those highlighted in this guide. Because these sportsbooks base themselves outside the US, federal and state gambling laws have no jurisdiction over them, making them legal for use.

How We Rank the Best NBA Sportsbooks

When selecting the best NBA sportsbook, our experts consider a few factors. So, look below for the criteria they use to measure whether an NBA betting site is worth visiting.

Betting Markets

When visiting an online NBA sportsbook, bettors should find all the typical betting markets, including moneylines, spreads, and totals. However, the best NBA betting sites should also offer unique betting lines like prop bets, parlays, and futures betting. Further, some betting sites provide live betting, which enables a bettor to place a wager even after the game has begun. As a result, we recommend looking for an NBA sportsbook that offers diverse betting lines and live betting for a more enjoyable betting experience.

Odds

Another essential feature of any great NBA sportsbook is the odds offered. Since sites offering average odds are rarely profitable, you’ll want to find NBA betting sites that provide above-average, competitive odds. Further, find a sportsbook like XBet that allows you to display the odds in various formats, including American Odds, Decimal Odds, or Fractional Odds, which makes it slightly more customized to your needs.

Bonuses & Promotions

When looking for a top NBA sportsbook, opt for a site that offers generous but fair promotions and bonuses. Unfortunately, while many offshore betting sites provide bonuses that seem too good to be true, many come with wagering requirements that are almost impossible to meet or expire in a matter of days. So, we suggest always reading the fine print first. 

Safety & Security

When using an online NBA sportsbook, always choose a site that offers safety and security. Because you’re inputting personal information (when creating your account) and banking (depositing and withdrawing funds), you’ll want to use a site with SSL encryption that safeguards your info from hackers. Further, take the time to read a few reviews to ensure the site pays out consistently and without hassle.

Payment Methods

Besides choosing a secure NBA sportsbook, our experts recommend picking one that provides diverse banking options. Not only will this make it more convenient for you when you deposit and withdraw funds, but it also shows the betting site is interested in its customers’ needs. Another aspect to consider is the minimum and maximum limits the site sets for deposits and withdrawals, how often you can withdraw, and the fees imposed on the various accepted banking options.

Customer Support

Finally, it is always worth looking into an NBA betting site’s customer service offering. If you encounter an issue, knowing there is a team you can contact 24/7 over the telephone or live chat is far better than a site that only accepts email correspondence and takes four to five days to respond to your query.

How to Register & Bet on NBA

Although most NBA sports betting sites are relatively straightforward to use, navigating them the first few times can be challenging. However, by following the quick steps highlighted below, bettors can learn to operate these sites easily.

1. Sign Up for a BetOnline Account

Firstly, launch the BetOnline betting site and click the green “Join” button. Then, create your BetOnline account by completing your details on the page that opens before clicking “Create Account.”

BetOnline Step One

2. Verify Your Account

Once you have created your BetOnline account, you’ll need to verify it. As a result, BetOnline emails a link to your provided address. So, locate this mail and click the link to verify your account before signing back in to BetOnline.

3. Make Your First Deposit

Following verification, you’ll need to deposit funds for the first time before you can wager. So, click the “Banking” button on the top right of the home page. Then, choose your payment method from the options provided on the drop-down menu before clicking “Deposit Now.” Lastly, follow the prompts to complete the payment process.

BetOnline Step Three

4. Choose and Place Your Bet

Finally, you can place your NBA bet with BetOnline. First, click the “Sports” button on the top left of the home page. Then, browse the NBA options available, select the game and click on it to open the betting slip (this slip will automatically populate with the details of your chosen NBA game.) Lastly, type in your wager value onto the slip before clicking “Place Bet.”

BetOnline Step Four

How NBA Betting Works

When wagering on the NBA, there are several ways to go about it. For instance, you can bet on the outcome of a match, the total points scored by both teams, or predict by how much a team will win or lose. Further, you can wager on future outcomes of the season and individual player achievements. 

Generally, to wager on the NBA, a bettor would find an NBA betting site that appeals to them, sign up, and deposit funds into their account. Once their funds have cleared, bettors can scan the NBA sportsbook for a match they want to wager on. Here, they can view the odds and the betting lines available. Bettors can then place a wager and wait for the outcome. Should they win, the sportsbook will deposit the funds into the player’s account.

Popular Types of NBA Bets

When visiting an NBA sportsbook, bettors will find several types of bets they can wager. So, let’s take a closer look at each of the options in detail:

Moneyline Bets

One of the most common bets wagered on the NBA is the moneyline. In this case, it sees a bettor backing the team they predict will win the game. Further, sportsbooks indicate moneyline odds using a three-digit number displaying the payout should that team win. The team with a plus (+) sign next to the moneyline odds is the underdog, while a minus (-) sign denotes the favorites. When wagering on the favorite, the number indicates how much you’ll need to put down to win $100, while the number displayed next to the underdog shows how much you’ll win back if you wager $100 on the team.

Spread Bets

Another of the more popular bets to wager on the NBA are spreads or point spread bets. In this case, the sportsbook sets a line for how many points they expect the favorite to win by, called the points spread. As with moneylines, a minus (-) sign indicates the favorite, and a plus (+) designates the underdog. If you back the favorite, you’ll win if the team wins and they score more points than predicted by the points spread. However, if you bet on the underdog, you win if the team wins, ties, or if the favorite wins, but their score is less than that predicted by the points spread.

Total Bets

When wagering on the NBA, bettors can place Totals bets which are also often referred to as over/under bets. In this case, the bettor wagers on the total number of points scored by both teams combined. But, to win your bet, you’ll need to predict correctly whether the total falls higher (over) or lower (under) than that set by the NBA sportsbook. 

Futures Bets

Futures are long-term bets placed on outcomes that are yet to happen. For example, which team will win the NBA Championship next year, or will the Chicago Bulls make the playoffs this year? Further, an NBA sportsbook will open these odds in the off-season and adjust them throughout the year according to results, injuries, and betting action. Finally, the betting site will close the bets just before the wager’s outcome is reached. 

Prop Bets

Generally, prop bets, like futures, are only offered by an online NBA sportsbook. Besides adding excitement to traditional wagering, these bets provide a bettor with many more ways to win. Since prop bets focus on outcomes other than the game’s final score, they allow players to wager on things like whether the final score will be odd or even, which team will reach ten points first, and how many points Kevin Durant will have scored in the match.

Parlays

One of the more risky bets to wager a parlay combines two or more NBA bets. Although lucrative if you win, a parlay is high-risk in that you must win both bets to win the parlay. However, should you lose even one of the bets, the entire parlay is a loss.

BetOnline NBA Odds

Can You Live Bet on NBA?

In addition to the NBA betting markets we mentioned above, bettors visiting a top NBA sportsbook will find they can also participate in live NBA betting. In this case, the basketball betting site allows bettors to place wagers even if a game has already begun.

When live betting (also known as in-play betting) on the NBA, bettors can wager on moneylines, spread bets, and place player or team prop bets.

What does the Vigorish mean in NBA Betting?

Vigorish, also called “Juice,” is the cut an NBA sportsbook takes from each bet. Further, this amount is attached to a spread or totals bet. However, the sportsbook only takes the vigorish if the bettor loses the wager. 

Further, standard pricing is (-110), and bettors must wager $110 to earn back $100, with the sportsbook claiming the remaining $10.

Can I Bet on All Conferences & Divisions?

When wagering on the NBA regular season, typically, you’d place point spreads, moneylines, totals, and props on current division games and futures bets on the conferences. However, you would wager on both conferences and divisions in the playoffs. Finally, in the Championship, you’d wager on conferences only, as this is where the winning team from each conference faces off to see who becomes the NBA champion.

NBA Betting Systems

When wagering on the NBA, it is helpful to have a few good strategies or betting systems to assist you in making more accurate and profitable predictions. So, let’s review the most common NBA betting systems:

Against the Spread

Since a point spread usually predicts by how many points the favorite will win, going against the spread means that you’re backing the underdog instead. So, to win, you need the underdog team to win or lose by less than the point spread given. Many bettors prefer ATS (against the spread) bets as should you win; you win back your original wager and your winnings.

Under On Good Over Teams

When a team consistently scores over the total, the public remembers this. So, it is more likely to wager in favor of the team having the same result in the next match. As a result, bookies anticipate this and inflate the over/under line. However, by wagering on the under, bettors can gain an edge. But, keep in mind this strategy is most valuable when both teams are playing are on short rest.

Betting Against the Public

When NBA betting, if a person talks about the “public,” they refer to recreation bettors who wager for fun. Generally, the public bets with the majority, for instance, always on the favorite or over. Further, bookies anticipate this and inflate the betting line. As a result, the only way to gain an edge and make a profit is by betting on the team the public isn’t backing, known as fading the public or betting against the public.

Hedging and Scalping

Another common but advanced NBA betting system is hedge betting which sees a bettor wager against their original bet if they are unsure of the likelihood of their original bet winning. However, remember that this system minimizes your earnings as you will have to spend twice as much to place the hedge bet. 

Scalping is another strategy bettors use where, if the odds allow it, they wager on both sides of the same matchup, guaranteeing them a profit no matter which way the game swings.

Positive and Negative Progression Systems

Finally, progression systems are also popular among bettors visiting an NBA sportsbook. Firstly a positive progression system sees a bettor increase their stakes when they win or decrease them if they lose. Further, the theory here is that by doing this, a bettor can maximize their profits on a winning streak and keep losses at a minimum on a losing streak. 

In contrast, a negative progression system sees bettors increase their stakes when they lose and decrease their stakes when they win. In this case, the theory suggests that a bettor will eventually win and come at higher stakes than the loses, earning them profits overall.

Our Top 5 NBA Betting Tips

Since the NBA has a relatively long season with numerous games, having a few tips to help you stay on track and make the most of your wagers can be helpful. So, take a look below for our five top tips for wagering on an NBA sportsbook:

Tip One: Bet Against the Public on Home Games

Because the public sees a home advantage as an excellent way to wager, with the hopes that a home team will win on its own courts, bookies often shade the lines towards the home team (also usually the favorite) and overprice their numbers. As a result, bettors will find a better edge on the “away” team.

Tip Two: Understand the Referee’s Tendencies

Although referee’s typically remain unbiased, they are still human and tend to lean towards particular teams or will favor a home or away team. So, understanding the calls a particular ref makes will help you predict outcomes more efficiently. However, do not solely base your wager on this.

Tip Three: Search for the Best Line

While picking the right side is excellent, finding the best number is also a good option. As a result, we suggest reviewing the odds of several sportsbooks before placing your bet. For instance, while most bookies offer +6.0 on the Chicago Bulls while another offers +6.5, going with the latter is a far more profitable option.

Tip Four: Stay Updated

Another tip is to stay updated on all the goings-on throughout the season. Keep a keen eye on injuries, wins, losses, and stats. When you do this, you can make more accurate predictions and earn greater profits. For instance, if a team’s star player is having hamstring issues, you’ll want to know as a potential mid-match injury could swing the game.

Tip Five: Manage Your Bankroll

Because the NBA season is long and there are several games played daily, you’ll want to manage your bankroll to ensure you have sufficient funds to bet when a worthwhile opportunity to make a profit presents itself. Further, if you want to wager on most games, flat betting is an excellent strategy, where you wager the same amount on each game. Additionally, we recommend avoiding parlays, which are high risk and will cost you more if you lose.

Bonuses for NBA Betting Online

Because there are so many NBA betting sites available, these sportsbooks compete to sign up new players and keep existing players returning by offering generous and exciting promotions. So, let’s review some of the best bonuses available:

Match Deposit Sign Up Bonus

A matched deposit is one of the most common bonuses offered by an NBA sportsbook. In this case, the betting site rewards a player for funding their account by matching their deposit up to a specific amount. For example, an NBA sportsbook offering a 100% matched deposit of up to $2,000 will give a player depositing $1,800 an additional $1,800 to wager. 

No Deposit Bonus

While a matched deposit requires bettors to deposit funds, a no deposit bonus rewards them for simply signing up. In this case, an NBA sportsbook gives a player credits to explore the site and place wagers risk-free. However, bettors often deposit funds to continue wagering once the credits run out, securing a new bettor for the sportsbook.

Free Bets

Occasionally, an NBA sportsbook will give a player free bets in the form of coupons, vouchers, or credits. When placing a free bet, should a bettor win, they can keep their earnings. However, should they lose the wager, they lose none of their own funds.

Bitcoin & Crypto Bonuses

Although an NBA sportsbook often provides several banking methods, many encourage bettors to use cryptocurrencies like Bitcoin when depositing or withdrawing funds. As a result, many NBA betting sites offer crypto bonuses and promotions to promote this banking option. In this case, the NBA sportsbook will offer a matched deposit to bettors funding their accounts with crypto. For instance, a sportsbook may provide a 250% crypto matched deposit of up to $5,000. However, you cannot access this bonus if you don’t use crypto to fund your account.

Reload or Top-Up Bonuses

In addition to rewarding new players, an online NBA sportsbook will also offer promotions to existing players who have already made their first deposit to keep them returning to the site. As a result, a sportsbook may provide players a 100% matched deposit of up to $1,000 on a 2nd, 3rd, 4th, or 5th deposit, for example.

Risk-Free Bets

Another form of promotion is a risk-free bet that sees a bettor walking away with something, even if they lose the bet. In this case, the NBA sportsbook will give the bettor a free bet or site credit. However, if the bettor wins, they can keep their initial stake and the winnings.

BetUS Promos

The Best Payment Methods for NBA Sportsbooks

In addition to several fantastic features, a top NBA sportsbook offers bettors convenience by accepting several payment methods. As a result, bettors can more readily deposit and withdraw funds from their sportsbook accounts. So, let’s review the most common banking options offered:

Crypto Betting Options

When funding their betting accounts, bettors tend to opt for the most secure option. Although cryptocurrencies are a relatively new way of banking, they offer security and anonymity and have few fees, making them a popular choice. As a result, many NBA betting sites accept several forms of crypto, including Apecoin, Dogecoin, Ethereum, Bitcoin, Litecoin, and Ripple. While most sportsbooks on our list take Bitcoin, if you want the best Ethereum betting site, we suggest visiting BeUS or BetOnline.

eWallet Betting Options

Another popular payment method that provides a level of fraud protection is eWallets, making these services popular among bettors. As a result, many NBA sportsbooks work with eWallet providers like PayForIt, Neteller, PayPal, Skrill, and EcoPayz. So, if you want to fund our account using PayPal, head to Bovada or go to BetOnline to use Skrill or Neteller.

Traditional Payment Methods

Although more bettors now use eWallets or crypto to fund their accounts, some still prefer using more traditional payment methods. As a result, many NBA sports betting sites enable bettors to deposit or withdraw funds using options like a credit card, debit card, direct deposit, bank wire transfer, or cashier’s checks. While most NBA sportsbooks accept Visa or MasterCard, BetUS takes bank wire transfers.

XBet Banking Options

NBA Apps & Mobile Betting

When searching for the best NBA sportsbook, try looking for a site that offers a mobile app or mobile compatibility. When a site provides these features, it enables you to wager on the go from wherever you may be. 

Firstly, some NBA betting sites like Bovada provide a downloadable app compatible with iOS and Android devices. While having to download and install the app may be a hassle, it means you won’t have to navigate to the sportsbook website each time. Instead, you’ll need to tap the sportsbook icon on your home screen for quick access. 

However, a sportsbook with a website optimized for mobile use ensures bettors receive the same seamless functionality no matter what device they use to access the site. So you can wager from home or on the go using the same interface.

2022-23 NBA Season Schedule

When wagering on the NBA, having a schedule of dates for the upcoming season is handy. So, to help you out we created the informative table below:

Date Event
Oct 19, 2022 – April 12, 2023 Regular Season
Feb 19 2023 2023 All-Star Game
April 2023 – May 2023 Playoffs
June 2023 Championship
March 14 2023 – April 3 2023 March Madness 2023

NBA Betting Terms

When visiting an NBA sportsbook, bettors may come across a few unique terms. So, to clear things up, we have created a glossary of the most common NBA betting terms below:

Bankroll – Money deposited by bettors into their NBA betting sites used for wagering.

Closing line – Final betting odds posted by NBA sportsbooks before the start of a game.

Dog – Slang for “Underdog” or the team predicted less likely to win.

Edge – Gaining an advantage not available to the public through extensive research.

Favorite – The team predicted to win, usually denoted with a minus (-) sign.

First Half Betting – A form of NBA betting involving wagering only on the first half of the game.

Handicap – Betting odds set by a bookmaker designed to level the playing field.

In-Play Betting – Another term for live betting which refers to wagers placed after a game has begun.

Juice – Also called vigorish, is the cut a sports betting site takes from each bet. Further, this amount is attached to a spread or totals bet. Standard pricing is (-110) and bettors must wager $110 to earn back $100.

Line – A betting line is the betting odds posted by a sportsbook.

MVP – Most Valuable Player on a team.

NBA – Acronym for the National Basketball Association

Overtime – This refers to extra time played in an NBA game. In this case, a bettor can wager for or against the match exceeding the allotted 48 minutes of a game.

Public – Inexperienced or recreational bettors.

Second Half Betting – Similar to First Half Betting, a bettor only wagers on the second half of the game.

Wise guy – A professional bettor.

Betting on NBA Near Me

While wagering online at an NBA sportsbook is fun, perhaps you want to try your hand at NBA wagering in person. However, while 30 states offer legal sports betting, not all offer retail/in-person sports wagering. So, let’s look at the list of states that do provide legal retail sportsbooks:

  •   Arizona  
  •   Arkansas  
  •   Colorado  
  •   Connecticut  
  •   Delaware  
  •   Illinois  
  •   Indiana  
  •   Iowa  
  •   Louisiana  
  •   Maryland  
  •   Michigan  
  •   Mississippi  
  •   Montana  
  •   Nevada  
  •   New Hampshire  
  •   New Jersey  
  •   New Mexico  
  •   New York  
  •   North Carolina  
  •   North Dakota  
  •   Oregon  
  •   Pennsylvania  
  •   Rhode Island  
  •   South Dakota  
  •   Virginia  
  •   Washington  
  •   Washington D.C.  
  •   West Virginia  
  •   Wisconsin

However, while you can legally wager on the NBA in-person in any of these states, you’ll need to use an offshore NBA sportsbook to wager in other states. So, test out the best Vermont sportsbooks, the top sports betting sites in Tennesee, or even the best sportsbooks in Texas, Minnesota, or Massachusetts to place your bets on the NBA.

The Best Sportsbook for NBA Betting

Although many sports betting sites offer wagering on the NBA, not all provide fantastic odds, diverse betting lines, or generous promotions. However, by visiting an NBA sportsbook highlighted in this guide, you’re guaranteed to find all that and more. 

But, if you’re looking for our top pick, we suggest visiting BetOnline. In addition to a secure site with numerous NBA betting options, the sportsbook offers fast payouts and pleasing promos. So, don’t miss out on wagering on the NBA this season. Instead, sign up with BetOnline and claim your bonus.

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Khadija Bilal

Khadija is an accomplished author with over a decade of experience under her belt. Having developed a versatile writing style that allows her to tackle a wide range of topics, Khadija has several publications to her name. Khadija's expertise includes in-depth guides and how-to articles.