Betting Guide For NBA Sportsbooks
NBA online sportsbooks accept US players from every state, with the title of the best basketball betting site debated as commonly as Jordan and LeBron are in the hoops community. To be the best online sportsbook for the NBA, a site should be versatile, offer great odds, and be trustworthy in the clutch. For the 2023-24 season, our experts believe that is Bovada. With player props and game lines from every game that bettors can even parlay it is the top choice, but this NBA sportsbook review guide is well-rounded and will include other basketball sportsbooks that are highly rated as well.
Where To Bet On The NBA
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Best Online NBA Sportsbooks
There are many NBA betting sites that are highly rated. We review some of the best NBA sportsbooks that accept US residents below, highlighting their best attributes for basketball betting online. Odds for the National Basketball Association at each site will vary throughout the season, so it may be beneficial to sign up at a few of the choices below to ensure the best possible payouts.
Best Sportsbook For NBA Wagering
NBA betting is certainly done right at Bovada Sportsbook. This online sports betting sites is welcoming of U.S. players, though residents in Delaware, Maryland, New Jersey, and Nevada are not accepted. Outside of those states though, the rest of American players can create an account at Bovada. And upon creating an account, the NBA betting options will be open to wager on. These options include game lines for every matchup on the schedule during the regular season and in the playoffs. Player props and team props are also formed. NBA championship futures odds are up just about year-round, and give bettors the chance to make some nice profit.
Fast NBA Payouts For US Players
At BetOnline Sportsbook, bettors will be able to find all of the NBA betting lines that they could hope for and more. BetOnline is home to hundreds and thousands of NBA odds formed every year. USA players can legally create an account at BetOnline from all 50 states. The minimum legal gambling age is required to be met (18), or whatever number your state's age has been set at. But providing that players meet this standard, it's time to bet on some NBA games! Wager on the spread, the moneyline, player props, team props, live betting, championship futures and more at BetOnline.
Favorite Sports Betting Site For NBA Fans
A wager on the NBA at SportsBetting is definitely a wager done right. This great online sportsbook formulates daily NBA betting lines throughout the course of the season and provides some of the most competitive odds you will see. SportsBetting is a U.S. friendly online sportsbook operating offshore, and therefore legal to create an account. Bettors with a SportsBetting.ag account will get the chance to place several different types of wagers on the NBA if they choose, including betting live on games.
Excellent NBA Wagering
MyBookie is built for the modern day bettor, the fan who just wants to up their game. They have a brilliantly designed website, a lot of excellent odds and lines, and the best collection of prop bets in the game, NBA or otherwise. If you want to wager on specific occurrences both in or out of the game, MyBookie is the single best place to do so. You can get bets on individual player totals, events, and even sometimes courtside shenanigans. Overall, MyBookie is an amazing sportsbook that shines for the casual sports bettor.
Great For Betting On Your Phone
Using XBet to bet on the NBA has its benefits and can be done very easily from your phone or any other mobile device that has internet access. Unlike other online NBA sportsbooks, Xbet does not have a downloadable app for you that takes up space on your phone. Instead, all you need to do to access them is access your device's web browser and enter your login credentials as you would on a normal computer.
Deposit Methods At Online NBA Sportsbooks
Making a sports betting deposit to bet on an online NBA sportsbook is not a hard process at all. In fact, it could take no longer than just a few minutes to credit your account upon making a deposit no matter which method you choose. The one thing to note though is that you would need to follow certain guidelines when making a deposit such as deposit fees, processing times, and limits that could each vary depending on which method you choose to deposit with.
- Credit/Debit Card
- Wire Transfer
- Money Order
Betting On The NBA With Cryptocurrency
Betting at online sportsbooks with crypto has become very popular and commonly offered because there are no fees for any deposits or withdrawals with the currency. Crypto is also one of the fastest methods that will be found for both making deposits and receiving withdrawals at online sportsbooks. This is one of the most secure method types available for NBA betting, as transactions are never denied and payouts are never lost.
Cryptos Accepted At Online NBA Betting Sites
Best Online Deposit Bonuses For Betting On The NBA
The best online sportsbook bonuses for NBA betting offer a combination of a high deposit match percentage and a low rollover. Bitcoin sportsbooks often offer the biggest bonuses but almost every single betting site will have bonus options for any credit/debit card or bank transfer deposit. Whether looking to place a future bet on the winner of the Finals, or get in on some live player props for Steph Curry, the bonuses below can be used to boost your bankroll.
|Max Bonus Credits
|50% (75% via crypto)
|5x (5x via crypto)
|$250 ($750 via crypto)
|50% (100% via crypto)
|10x (14x via crypto)
|$1,000 ($1,000 via crypto)
|50% (50% via crypto)
|10x (10x via crypto)
|$1,000 ($1,000 via crypto)
NBA Sportsbook Payout Methods
Making withdrawals at online sportsbooks is a simple process, with many different methods available. There are guidlines for each deposit method for the fees attached and the minimum/maximum withdrawal amount allowed for each transaction. It is also worth taking note of that you will not be able to make a withdrawal back to your credit or debit card and will need to select another online banking method for requesting payouts on your NBA betting winnings.
- Check by mail
- Wire Transfer
- Money Order
2023-24 Betting Odds At Bovada For NBA MVP And ROY Awards
The two most popular NBA awards bets at US online sportsbooks are annually on the Most Valuable Players (MVP) and Rookie of the Year (ROY). For the 2023-24 there are many intriguing candidates for both. Whether it is Nikola Jokic, Giannis Antetokounmpo, or Joel Embiid to take home another Michael Jordan Trophy or young players like Luka Doncic, Jayson Tatum, or Anthony Edwards to win their first, all candidates started the season off with +400 odds or longer. The Wilt Chamberlain Trophy has odds that are not nearly as evenly distributed at NBA betting sites. Victor Wembanyama begins the season as the outright favorite, with Chet Holmgren and Ausar Thompson next up in ROY odds at basketball sportsbooks.
NBA MVP Odds
NBA ROY Odds
2023-24 NBA Finals Odds
NBA online sportsbooks began offering odds on the 2023-24 NBA Finals nearly as soon as confetti began to fall on the Denver Nuggets at the end of last season. These NBA Finals sportsbooks have continually updated these odds ever since, having to take acquisitions, trade demands, and performance into account. With so many variables, US residents who bet NBA online odds can often capitalize and ensure long payouts at the end of the season. For example, players who bet on the Denver Nuggets last season were able to get odds as long as +1800 before the season tipped off. The odds below show the favorites to win the Finals at NBA sportsbooks.
The NBA is played over 82 games, which is enough time to get a sense of what teams are. Statistics simply measure that in mathematical terms. NBA statistics is a pretty vague term and can mean anything from the traditional points/rebounds/assists method of comparing players to advanced statistics like effective field goal percentage and true shooting percentage. It can even mean keeping track of the referees!
NBA Offensive Statistics
There are a lot of different ways to measure NBA offensive statistics. For the purposes of this section, we’ll go over the basic statistics and some advanced statistics as well, as there are a couple good ones worth knowing.
Traditional (Counting) statistics are things like points, rebounds, assists, blocks, steals – the stats that are recorded in the box score. However, one thing that we have learned over the years is that some people are able to put up big numbers and never win anything. Advanced statistics are meant to be a more accurate measure of the quality of a player.
Offensive Rating – Offensive rating takes the average of a team or player’s performance over a hypothetical 100 possession sample size. As the average NBA game has around 100 possessions in it, the offensive rating is basically a measurement of the quality of an offense over the course of a game, in an easy to digest format. Think of offensive rating like a normalized version of points scored per game – when you look at points scored per game, it takes into account the pace of play, which can inflate or deflate stats. Offensive rating removes this variable, and so gives us a better view of which teams are good at scoring, not simply which teams play the fastest.
Free Throw % - This one is really easy, it’s not an advanced statistic at all, but it’s an important one in the context of betting. This is just the percentage of free throws awarded that are made by a team. The reason this is important to betting is that free throws tend to be defining moments in close games – and teams that can’t make them might lose, or blow a cover.
Pace Of Play – This is a measurement of how many possessions occur during an average game for a team. Teams play at certain speeds; some of them slow down the possessions and try to dictate the terms of the game to the opponent with overpowering post play, and some of them speed up the pace and shoot the first open three-point shot that is available. The pace of play is important to understanding bets like over/unders, where the bet is on the total amount scored in the game. More possessions per game mean more chances to score.
NBA Defensive Statistics
Just like offensive statistics, there are a ton of really interesting and valuable ways to measure defensive output in the NBA. The traditional defensive counting statistics are rebounds, steals and blocks, but defense obviously goes way beyond that – it encompasses shot pressuring, ability to not get exploited, forcing bad shots, and all sorts of other things. Understanding NBA defensive statistics is crucial to understanding the league and even more crucial to understanding NBA betting.
Defensive Rating – Defensive rating, often abbreviated as DRTG, is a measurement of the efficiency of a defense, in terms of points allowed per 100 possessions. There are about 100 possessions in the average NBA game, and so this metric allows you to observe how the defense is performing when factors like pace are removed from the equation. Texas online sportsbooks specifically have implemented the importance of defensive rating relative to possessions, with the James Harden-era Houston Rockets often playing so fast it was impossible to get an accurate gauge for their defensive acumen without using the rate statistics.
Opponent Field Goal Percentage - This is simply a measure of how well opponents shoot against the team in question. A lot of NBA defenses are built to pressure certain shots, and allow certain other ones that are lower quality, and so you can look at this statistic to understand how good a team is at allowing good shots. One thing to keep in mind, however, is that three-pointers are worth more than two-pointers, and this stat doesn’t account for that, nor does it account for free throws.
NBA Referee Statistics
An interesting stat line that sports bettors should make note of is the NBA referee statistics. The referees play a major role in the outcome of games whether it’s blowing the whistle on foul calls, issuing out technical fouls, or even no call situations. Referees are one of the most important aspects when it comes to the results of a game so sports bettors betting slips are often in the hands of the referee. It is important to note that some teams get called for fouls more, and don’t have as many fouls called in their favor when specific referees are calling the games. While referees are supposed to be unbiased, there is still statistical evidence that supports certain teams play while a certain referee is calling the game. For sports bettors who want to go the extra mile when betting on their team, checking the referee stats could be the difference between a major win or an unfortunate loss.
Tips For Betting On NBA Basketball
Follow The Schedule - In the NBA, teams play 82 regular season games plus playoffs for those who make them. That is a ton of games to bet on. But within the NBA schedule, there are some chances to take when a team makes a long road trip. This could be an opportunity to jump on a team that hasn't performed well on the road, and take advantage of the knowledge that you have. If you have followed the schedule in the past you have been able to pick up on trends supporting fading James Harden in Miami at Florida online sportsbooks or betting against opposing teams that had to take long flights out to Seattle at Washington online sportsbooks.
Do Your Research For The Day/Night's Matchups - Just like you wouldn't want to go into an investment without doing some research into it, the same philosophy should be applied to any and all bets that you make. You want to make sure that you research a game you are looking to bet on prior to placing your wager. Whether this includes looking at matchup history, betting trends, standings, or a variety of other angles, it's important to do this. Oddsmakers do their homework to try and trip you up, so you should certainly do yours to flip the edge back to center, or even in your favor.
Spread Your Wagers Out - You have a better chance at winning if you choose to spread your wagers out that you make. We don't mean over time. This applies to bettors who like to wager pretty frequently. It's a good idea to look at several different bets, and perhaps place some money down on all of them. It doesn't have to be evenly applied, but you don't want to always place all of your cash on one bet and one bet only.
Check ATS Standings - ATS standings are standings that are not just wins and losses, but they are the standings that measure how teams have fared 'Against The Spread' in all their games. This is a very important record to know for bettors who like to place wagers down on the point spread. A team's straight up record could look a lot different than their record against the spread on the season. A team that has performed very well or even very poorly can be a team that you might want to jump in on some action with to see how it hits. These ATS standings are not definite indicators of an upcoming matchup, but they certainly can be very helpful.
Don't Forget About Props! - A lot of bettors get caught up in game lines. They bet on the point spreads, over/under totals, and the moneyline wagers. But let's not forget that there are a ton of great prop odds out there to be taken advantage of. And the nice thing about these prop odds, is that they can be based on very small outcomes within a game. This limits the things that can take away from a game line wager. Prop bets can be some of the most fun wagers to make on the NBA as well, and can cover player performances as well as a ton of team performances as well.
Make Sure You Keep Track Of Injuries – Injuries can be game and matchup defining, and if you aren’t paying attention to the injuries of the players that are on the teams you are betting on, you are liable to make some errors in judgment when you just look at the lines and don’t understand the reasons behind them. The NBA is the most player-driven league on the planet, and injuries to superstars, or even roleplayers, can greatly affect the odds.
NBA Betting Trends - Recognize Tendencies To Win More Wagers
When you get into betting on the NBA, you should become very familiar with the term 'trends'. Betting trends can be your best friend when it comes to wagering, on any sport for that matter. Trends are essentially indicators of what might happen, or key variables to consider when looking at a particular matchup. In other words, a trend that you view will be information that can be used to help you make your decision.
For example, you can look at a team's record in a head to head matchup to see how they have performed in the past. However, make sure to take into account that things change very quickly in the NBA, and the teams that played previously might not be the teams that are currently playing. Another trend to note is form. NBA bettors would be wise to identify hot streaks and take them into account, whether that be expecting them to continue or predicting regression to the mean. The NBA is a game of streaks, and betting on it is no different.
NBA Betting Strategies + Systems
Every bettor wants to find the perfect betting strategy that is a guaranteed winner. We would too. Unfortunately, there isn't one, but there are certainly some strategies for betting on the NBA that you can try to see if they work. Many bettors might have their own unique strategy that they have come up with through betting in their own experiences. That is great too.
Examples of a betting strategy might be picking big underdogs. A bettor might have a number in mind that they will take to receive points, no matter which teams are playing. Some bettors like to receive points more than give them. This is certainly a type of strategy that can be done.
As far as coming up with a strategy that works for you, there are a couple of things that you need to consider. You will need to make sure that this strategy conforms to the budget that you are working with. Are you are $10 a game bettor? $100? $200? Whatever you are, it's important to stick within your means, and formulate a strategy from there.
Second, you need to avoid bias. We know, we know, that's hard to do. Everyone will have their favorite team. But it's important to bet with your brain, and not your heart. This will lead to more bets being won in the long run.
Final Advice For Betting At NBA Online Sportsbooks
We have given you quite a bit to think about on this page. Whether it's which online NBA sportsbook to consider for betting on the NBA, what options, tips, or strategies, it's all important. But to sum up, what we've talked about, and try to hone in on the most important points, we want to leave you with a bit of NBA betting advice.
Before you go place a wager at one of these NBA sportsbooks, you need to do your research on the teams and betting lines that you choose to wager. Not every sportsbook for basketball betting is created equal and some sites will value a certain team more than others. By shopping lines across a few betting outlets, you will find that the moneyline odds, total points, and even spread can be drastically different. Taking advantage of these discrepancies is paramount if you want to make money over time at the NBA online sportsbooks that this page reviews.