NBA Betting Sites 2021

Every betting site is different and specializes in differing areas. Some sites are better than others for certain sports, and there are sportsbooks that truly know how to give gamblers the best of NBA betting.

Let’s take a look at the best NBA betting sites.

A Guide to Betting on the NBA

There’s so much you need to know when betting on the NBA. From odds and strategies to markets and beyond, there’s so much information that should shape how you bet. Even if you’re a diehard NBA lover, knowing as much as possible about gambling is vital.

Below, we’ve provided a guide to some of the most necessary any NBA bettor needs to be very aware of.

Odds are the lines that define how much any bet will payout. There are several different kinds of odds out there, but for Canadian bettors, there are only two that are important to know. Let’s take a look at the two kinds of odds you’re most likely to encounter when NBA betting.

• American: American odds are the most common kind you’d find on a Canadian sportsbook. American odds are based around the number 100. For + odds in American, the number represents what you would get in profit if you bet $100. For example, if the odds are +150, for a $100 bet, you’d receive $150 of profit and your $100 bet back. For – odds, the line represents how much you’d need to bet to make a $100 profit. For example, if the line is -200, you’d need to bet $200 to receive a $100 payout.
• Decimal: Decimal odds are more common in British sportsbooks, but if you prefer them, you can find them everywhere. Decimal odds represent how much total you’d receive if you bet $1, not just the profit. For example, if the odds are 1.8, you’d receive $1.80, including your $1 bet, if the bet pays out.

Markets are what bettors are betting on within the game or sport. There are many different kinds of markets that NBA bettors can choose from, ranging from extremely common to a little rarer. Let’s take a look at some of the different markets you can find at most sportsbooks.

• Moneyline: A Moneyline bet is a bet on who will win the game outright. This means if you bet a team on the Moneyline, you are predicting them to win.
• Spread: A spread bet is a bet for or against the line that oddsmakers have chosen one team to win by. If a team is favoured by -5.5 points, and you bet for the spread, that means you’ve picked the team to win by six or more points.
• Total: A total represents the total amount of points that are projected to be scored in a game between both teams, and bettors can choose the over or under. For example, if the total is 215.5, and a bettor chooses under, the bet hit is 215 or fewer points are scored.
• Futures: Futures are bets that are placed on results not determined straight away. They are results typically on year-long things, such as who will win the Western Conference, the NBA Finals, Most Valuable Player, or Defensive Player of the Year.
• Game/Player Props: Game and player props are bets on smaller outcomes within a game. A game prop would be something team-based, like how many combined three-pointers both teams will score, who will win a quarter, or how many total rebounds will one team have. Player props are based on individual players, like, for example, how many assists a player will get, or steals, or points, and so on.

Having a good strategy is the key to successful betting. Here are a couple of tips and strategies that should help you win big with your NBA betting.

• Follow injuries and resting –  Unlike many leagues, NBA players don’t necessarily have to be injured to sit out a game. A lot of the top teams will give their players load management breaks, which completely change the team’s outlook for specific games. Make sure you’re tracking who is playing and not playing before you make a bet.
• Don’t hammer an underdog just because you like the payout –  This rule holds firm to all sports, not just basketball. A big underdog can result in a big payday, but they’re typically big underdogs for a reason. In the NBA, the best teams tend to bully the worst. Don’t get suckered into a bad bet.
• Careful with the parlays – Parlays are a lot of fun and result in massive payouts if you hit a big one. But be advised: be careful. You’re not going to hit many longshot parlay bets, so don’t become one of those gamblers throwing big money on a 10-team parlay because it’s a great way to empty your account.
• Home court doesn’t mean as much as you think – The public tends to throw big money at home court teams, which pushes the line even further in their favour. The smart bettor targets road underdogs that are being undervalued due to the public being obsessed with home-court advantage.

Sportsbook bonuses are a way operators lure in new fans. They offer things like free bets or matched deposits in their welcome bonuses because they know they are appealing to new fans. These bonuses are great for those looking to get in the game, but sportsbooks don’t stop with just welcome bonuses.

Operators provide year-round promotions intended to get people excited about upcoming events, like the start of the NBA season. Close to the season beginning, websites will have different promotions and bonuses available to entice bettors to start betting again.

One thing to keep in mind with bonuses and promotions is to always check the terms and conditions. Sportsbooks often hide important details in the terms and conditions section, so always check there to ensure you know what you’re getting.

With that in mind, let’s take a look at some of the operators that have the best promotions for NBA bettors.

Shangri La – Best Welcome Bonus

Shangri La is a newer operator that has surged onto the scene with Canadian bettors. Their website is solid, if unspectacular. They have very solid markets and comprehensive offerings. But if there is one area where they stand out above the rest, it is most definitely their Welcome Bonus.

Shangri La offers users probably the highest Welcome Bonus of any of the biggest operators. Their Welcome Bonus has a 100% Matched Deposit up to $500 for the initial deposit, with a minimum matched deposit of $25.

The wagering requirements for this bonus for it to be eligible for withdrawal is 7x the matched deposit + the initial amount. So if you deposited $500 and received a $500 matched deposit, you’d have to bet $7,000 for the bonus to be withdrawable. The requirements must be met within 30 days.

This is the best Welcome Bonus for serious bettors looking to join a new operator before the season begins with some extra money in their account. While other operators have less restrictive terms and conditions, no operator can match the high upside of the Shangri La welcome package.

Get ShangriLa Live Welcome bonus 👇

Betway – Best Overall NBA Bonuses

Betway is one of the best-known operators for Canadian bettors. It is one used by novices and hardened gamblers alike because it is easy to use, fun, and has a lot of variety. One of the areas where it has a lot of variety is in their promotions section.

Betway has a massive promotions section, which is constantly being updated and changed. They have prize wheels, free bets, parlay clubs, money-back specials, and if you lead, you win bonuses. Regardless of what you’re looking for, chances are you can find it on Betway.

While their promotion section is extensive, they also have daily props and boosted odds to keep gamblers engaged. They’ll often boost the odds on certain NBA markets to attract action to games. They generate fun prop bets for a variety of games every week, with creative combinations that yield big paydays.

Betway doesn’t have anyone bonus that makes them a great operator for NBA bonuses. What they do have is a constant supply of new and changing promotions that can yield big payouts and fun betting for gamblers of all skill levels.

Get Betway Welcome bonus 👇

❔ How does Overtime Work with NBA betting?

As mentioned previously, overtime bets do count with NBA betting in some areas, and not others. If you placed a bet on the point spread, Moneyline, total, or player/game props, overtime still counts in all these areas. However, if you bet on a half or a quarter, overtime doesn’t count towards those because it is separate from them.

❔ Does being aware of NBA betting trends help me?

Yes, it does. Keeping up to date with the NBA betting experts action is important. There are websites like 888Sport that show betting trends, like where more people are betting and what lines they are betting on. While you don’t need to follow it necessarily, it is still information worth knowing.

❔ How can parlays help by NBA betting strategy?

While parlays can be a dangerous temptation for gamblers, they can also be a helpful tool to the savvy bettor. If you are placing a bet on one line, parlaying that bet with a heavy favourite will boost your potential earnings. Parlays are great tools for adding potential profit and should be used by all bettors only when they are confident in the results.

❔ Are player props profitable?

Like all other forms of gambling, player props have their risks and their rewards. However, player props are a good form of betting because they are only dependent on one person rather than a team. Monitoring a player’s performance and their trends will help with your player prop betting. There is also some level of predictability to player performance, as the highest level NBA players consistently match their average outputs on a night-to-night basis.

❔ Is there a competitive advantage to live betting?

The competitive advantage to live betting is it allows you to adjust on the fly. If you are noticing trends within a game, you can place bets based on that. You can also hedge bets with live betting according to what is happening. Live betting provides a lot of strategic advantages to bettors and, if done correctly, can greatly increase profit.