Here’s what you need to understand about NBC betting
Before you can do any NBA betting, you need to make sure you understand the sport, so that you can give yourself the best possible chance of placing winning wagers. If you’re not a basketball expert, don’t let that hold you back – it’s easy to learn.
How NBA betting odds work
The first thing to understand is that oddsmakers set the odds by looking at which team is more likely to win. The odds you’ll find at betting sites vary a little between the different sites, but you don’t generally see a huge amount of variation. The favorite for a specific game will have a minus in front of their odds in the American format, while the underdogs will have a plus.
Get to know the teams and players
To have the best possible chance of success with NBA betting, you need to gather as much information as possible on the teams and players, and keep your knowledge current throughout the season. A good way to do this is by following sports or specifically NBA-focused content on social media and the news. Many Canadian betting sites also have dedicated areas where you can view stats and other useful information to inform your bets.
Always gamble responsibly
No matter whether you’re brand new to online betting, or you’re a real high stakes gambler, you need to ensure that you’re always being responsible. The best way to do this is to only use a licensed Canadian sports betting site, and set yourself a budget that you’re comfortable with. You can also set limits, take a time out, or self exclude if you ever feel the need.
I suggest these types of NBA bets
Some of the best NBA online betting sites have dozens of markets for you to choose from, but some types of bets are an absolute must.
Moneylines
The moneyline bet is the most simple type of NBA bet. All you’re doing is betting on which team you think will win, between the two playing in a specific game. For example, you might put a bet that the Raptors are going to win against the Warriors. For every NBA game, there’s usually a favorite, so if you’re betting on that team to win, you’ll have to place a higher wager to get a decent amount of money back. If you’re doing any NBA live betting in Canada, you can bet on which team will win, even after a game has started.
Futures
Rather than just betting on a single game that’s coming up, futures allow you to bet on the results of events that are further down the line in the season, for example the Eastern Conference, Western Conference, or the Championship. The odds can change throughout the season, so you might be able to lock down good odds early on.
Over/Under
If you’ve bet on any other sports before, you’re probably at least a little familiar with over/under betting. Here you’ll be placing wagers on something like the combined total points scored in a game, or the total points scored by one team.
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Don’t forget to claim your free bets
Many
betting sites with welcome bonuses in Canada
offer new players the chance to bag a free bet offer just for signing up, and you can usually use these bets on NBA, plus most other sports. The best Canada NBA betting sites award you with free bets of $20 or so without you even needing to make a deposit, but other sites give you the freebie when you deposit and wager for the first time.
If your sportsbook of choice doesn’t have free bet offers, they might have a deposit match instead. For example, if you deposit $20, you might get another $20 for free, which you can use to place more bets.
Before you claim any offers, make sure to check the T&Cs so that you can see if the offer comes with any restrictive conditions like high rollover requirements, or a small maximum win amount.
Here’s what makes a great NBA betting site
The factors that make for an excellent NBA betting site are similar to what you’d expect to see at any other sportsbooks, but there are a few extra features that you should be on the lookout for.
If you’re betting on NBA, you’re probably going to watch the game, so
live betting in Canada
allows you to place wagers while the game is going on. You might get better odds, and you can bet based on exactly what you see happening. When you bet at more modern,
new gambling sites, you’re more likely to see features like live betting and streaming.
Cashout is a very special feature offered by some online sportsbooks, and it allows you to end a bet early, and possibly take away some money, depending on whether or not it’s looking likely that your selection will win. If you decide to cash out, you’ll have the money, even if your bet ends up losing in the end.
Range of markets on the Raptors
As a Canadian NBA fan, you’re likely to follow the Toronto Raptors, so it’s good to look for a sportsbook site that has favorable odds on their games. Being able to bet on your team’s game and standing a chance of a real money win at the same time really adds some extra thrill to the experience of being a supporter.
How to deposit & withdraw money for NBA betting
Now that you understand the types of NBA bets, and the special features to look for, it’s time to add some money to your betting account. It’s as easy as clicking on the deposit link at the top of the page once you’re logged in, and you’ll be presented with a list of options which usually include bank cards, e-wallets like PayPal, Skrill, and Neteller, and cryptocurrency options like Bitcoin and Litecoin. Deposits should land in your account immediately, so that you can start betting.
If you’ve gotten lucky with an NBA bet and you want to withdraw, you can usually use all of the same methods, with the exception of prepaid cards. It’s important to keep in mind that the withdrawal time will vary a little depending on the method you use.
| Method | Withdrawal time |
| Bank cards | Up to five days |
| E-wallets | Instant |
| Crypto | Instant |
NBA betting pros & cons
- Available at most Canadian sportsbooks
- Makes watching the game extra fun
- Possible to place future bets and lock down good odds
- Can be difficult to predict if you don’t have knowledge of the sport
NBA betting: my final verdict
Placing some bets on NBA games can be a really fun way for you to enjoy a game, especially if you’re a big fan of a team like the Toronto Raptors. In general, NBA betting is easy to understand, and most sportsbook sites have a diverse range of markets covering moneyline bets, over/under, and even future bets which you can place ahead of the season. I’d recommend getting to know the teams and players a little before you start placing your bets, as this is the best way to make an informed betting decision. I’m happy to report that NBA betting is available at almost every Canadian sportsbook, and you can usually even claim bonuses to help you get started.
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NBA betting frequently asked questions
🏀 What are the best sites for betting on NBA?
Almost every online sportsbook that is worth your time offers betting on NBA – after all, it’s a hugely significant league in one of the world’s biggest sports. You can choose any operator from our list on this page.
🍁 Is NBA betting legal in Canada?
Before you sign up and bet at any online sportsbook, you need to make sure that it’s legal in Canada and in your specific province. As long as you’re using a legit betting site, wagering on NBA is legal.
🕵️ How to bet on basketball in Canada?
To start betting on NBA and other basketball events in Canada, just sign up at one of my recommended online sportsbooks, make your first deposit, and don’t forget to claim your welcome offer.
