The American Gaming Association estimated that over $125 billion was wagered on sports every year. Given the sheer volume of games and the popularity of NBA betting, this contributes a huge amount to the total figure.
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Throughout this article, we’re going to look at how NBA betting works, creating a guide that covers strategy, picks, bonuses, sign-up processes, payment methods, bet types, and the best NBA betting sites.
The list below includes what we think are the best NBA betting sites in Canada right now. We’ve created the list based on dozens of hours of testing for each brand and keep it regularly updated as sites improve or change.
Lucky Block – Best Overall Sportsbook for NBA Betting in Canada
WeltBet – Biggest Basketball Coverage Outside of NBA
Club Riches – Best for Free NBA Betting Picks
31Bet – Biggest Range of NBA Betting Markets
1Good.Bet – Best NBA Betting Site for Usability
Rabona – Best NBA Betting Site for Live Betting
Cobrabet – Biggest NBA Betting Welcome Offer
BetiBet – Good Range of NBA Promotions
Reviews of the Best NBA Sportsbooks
1) Bodog – Best Overall Sportsbook for NBA Betting in Canada
Bodog takes top as our top pick for NBA betting sites. The standout was the value of the betting lines across the sportsbook. We found that they were consistently in the top 3 for odds more than any other betting site we’ve tested.
Market coverage for NBA is superb. They have a massive range of props to choose from as well as the standard moneyline, spread, and totals. Link this to an incredibly accessible welcome bonus, a stunning mobile app, and great customer support, and you get the best NBA betting package on the market right now.
Best betting lines in the industry
$400 welcome bonus with just a 5x wagering attached
2) Stake.com – Best for Dedicated NBA Betting Promotions
Stake.com has stormed up our list of best NBA betting sites. It’s relatively new to the market, but the depth of coverage for the NBA is impressive, to say the least. Regular season games get around 25 markets to bet and we loved that they included free stats/data for each game, allowing you to make a more informed pick.
The design of the site is fresh, modern, and very easy to use. The inclusion of the live stats section for each game, as well as win probability, is a nice touch. Betting lines are very competitive, although lack a little consistency when compared with Bodog.
There are tons of promotions to choose from, as well as dedicated NBA offers, such as their 9+ lead payout, that settles losing bets if they were up by 9 at the end of the quarter.
Great looking betting site and mobile site
Lots of dedicated NBA promotions that create genuine value
3) BetOnline – Biggest Basketball Coverage Outside of NBA
BetOnline is exceptionally easy to use. It’s a stripped-back sportsbook and removes all the clutter that can come with online betting sites. The NBA section, given its size, benefits massively from this, and usability both online and on mobile is the best that we’ve tested.
Betting lines are as good as Bodog, and this is the reason why a lot of pro bettors place their NBA betting picks using BetOnline. It’s also worth noting that BetOnline covers college basketball (NCAA) better than the competition, so if you’re looking to combine the two, this would be our choice.
They also run a range of dedicated NBA offers around the playoffs and especially through March Madness, so keep an eye out for those.
Fantastic betting lines, as good as we’ve tested
Up to $1,000 in bonus money is on offer for new accounts
Bonuses for Crypto payments
Lots of NBA futures and draft markets on offer
Huge coverage of basketball leagues in general, especially college and Euro leagues
If you’re looking for an NBA betting site that is best for promotions, then XBet is going to be right up there. The site not only has an excellent welcome offer but also runs a series of NBA-related offers, with the most common being that of enhanced odds on selected markets.
XBet comes packed with game coverage and includes MVP betting, as well as futures such as NBA Championship winner. The site is one of the more competitive when it comes to betting lines and includes a great “NBA News” section where you can get free NBA betting picks.
Free NBA betting picks
Huge range of promotions and offers dedicated to the NBA
Enhanced odds for selected games
Exceptional customer support accessible 24/7
Market coverage is poor outside of the main markets
5) MyBookie – Biggest Range of NBA Betting Markets
MyBookie has a fantastic range of NBA betting markets to choose from. The inclusion of markets such as Rookie of the Year, Defensive Player of the Year, and Coach of the Year is a testament to this. Games come packed with over 60 bets to choose from, most of which are props, making it the biggest selection that we’ve tested.
You get access to a free NBA betting picks page, as well as bonuses and betting contests linked to games each week. Live betting is accessible with most games, which includes a stats center to make more informed picks.
6) Everygame – Best NBA Betting Sites for Usability
Everygame covers just that, every single game of the NBA. The sportsbook is one of the easier ones to use and it’s the layout, albeit simple in design, is a testament to that. You’re able to quickly jump between the next games, top bets, and then the outright market.
The futures markets are what rank Everygame as highly as it does, offering something a little different from those below. There are dozens to choose from, including conference betting, MVP, and Rookie of the Year. On top of this, you get access to a huge welcome bonus as well as dedicated NBA betting promotions that run throughout the season.
Great design and layout
Huge futures betting section
Betting lines are very competitive across the board
7) BetNow – Best NBA Betting Site for Live Betting
BetNow has one of the biggest live betting sections that we’ve tested. Markets are settled in real-time, meaning that once it’s closed, your bet will be paid out (assuming you’ve won) even if the game hasn’t finished. It’s a well-designed live betting section and probably the best that we’ve tested.
Prop bets are another great feature of BetNow. They have a huge range that you can access from the side menu (online) and it’s worth noting that coverage outside of the NBA is also as good as we’ve seen. Futures betting, live betting, 24/7 customer support, and a betting center are excellent additional features to the sportsbook.
BUSR has the best welcome offer for NBA betting, period. It’s a package worth up to $2,500 and even though it’s large, it’s still very accessible. They also run a range of dedicated NBA promos, although these are generally saved for the playoffs/finals, plus March Madness.
Market coverage is superb and they include a good range of prop bets as part of this. The site is easy to use, looks good, and has an excellent customer support section. Live betting is available, however, markets are suspended for longer than most, which can get frustrating.
9) Sportsbetting.ag – Good Range of NBA Promotions
Sportsbetting.ag is a stripped-back betting site that lacks the bells and whistles attached to most modern sites. Many are going to enjoy the retro feel and with that comes excellent usability and access to NBA betting markets.
Betting lines for the NBA are excellent and as good as any that we’ve tested. You get a good range of markets to bet on, including the NBA draft as one of the standout prop bets. New accounts are able to claim up to $1,000 in bonus cash and you get access to the Blue Balls Blowout offer, which gives pays on losing bets if your pick was leading by 15 or more at half time.
The latest addition to our list of the best NBA betting sites is PowBet. It’s got a great-looking sportsbook and is accessible on mobile devices. NBA betting coverage is excellent and includes tons of prop bets for online NBA betting.
There’s a small first deposit bonus of up to $150 on offer, but it is a 100% match. They also include a range of boosted odds through each game week which usually makes them the best prices in the industry as a result.
Nice looking sportsbook
Easy to claim and clear welcome bonus
Enhances odds offers make them industry-best price
Yes, all the major sportsbooks have NBA coverage. Most will include an extensive range of markets and promotions that you can access.
Where can I bet on the NBA?
Any of the major online sportsbooks will cover NBA betting. All the sportsbooks on this page include extensive coverage and for us, are the best in the business.
What is the best NBA betting site?
Bodog is the best NBA betting sits. It not only covers a wide range of markets for each game but has some of the most competitive betting lines as well.
How do you start betting on the NBA?
You first need an account which is then funded with real money. All you need to do then is make your pick and place your bet. The process is very simple, and we talk you through it within this article.
How does NBA betting work?
Once your account has been set up and you’ve made your deposit, you then need to head to the sportsbook to place your bet. Each of the markets will include odds which is a representation (from the sportsbook) of how likely that event is to happen.
What is NBA public betting?
NBA public betting highlights how much money is being wagered on each market. This will tell you where the money is heading, in that, which selection from that market most people are betting on.
Comparing the Best NBA Betting Sites
The table below includes an overview on what we consider to be the best NBA betting sites right now. We’ve included information on parlay coverage, live betting, and live streaming, as well the welcome bonus that you can claim for a new account.
Live Basketball Betting
Live Basketball Streaming
100% match up to $600
200% up to $1,000
50% up to $1,000
100% up to $500
100% up to $1,000
100% up to $750
150% up to $300
100% up to $1,000
50% up to $1,000
100% up to $150
Is NBA Betting Legal in Canada?
Sports betting in Canada has been around since 1985, however, a lift in online restrictions in 2021 has seen the sector grow massively in a short period of time. NBA betting is a huge part of sports betting in the country and is very much legal.
There are still a few restrictions based on the region you’re based in, such as with Bodog which can’t be accessed in Quebec. All the other brands that we’ve mentioned on this page can be accessed throughout the country.
Retail sportsbooks are also legal. As it stands there are 13 regions that allow retail sportsbooks, with 9 of those allowing online access. These numbers are set to increase as more brands begin to get licensed in Canada.
Are Offshore NBA Betting Sites Legal?
Offshore betting sites are those that are based outside of the United States or Canada. They cater to the US/Canada betting market, primarily, but as they are not located within either country, they do not need to adhere to their betting rules.
Offshore NBA betting sites are legal. You’re legally allowed to access all of the offshore betting sites that we’ve outlined in this article without any further retribution.
Advantages of Offshore NBA Betting Sites
Offshore NBA betting sites differ from regulated betting sites. Below we’ve listed a few advantages of why you might choose one over the other.
More markets – There are no restrictions with offshore betting sites and they cater to players from around the world. This means that, generally, there are more markets that you can bet on.
Better odds – Betting lines can often be a lot more volatile, which is a good thing for the punter. There is more competition which means that you’re able to choose from a wider range of sportsbooks and then ultimately find a better price.
Improved bonuses – Bonuses are huge for offshore betting sites to attract new players. You often get higher monetary value from your bonus as well as favorable clearing rates compared with mainstream betting sites.
More accessible – Some betting sites will be restricted based on the province that you’re in. Offshore betting sites are accessible within all provinces with no geo-restrictions in place.
More leagues – The NBA is the main focus of most betting sites when it comes to basketball, but given that offshore sites cater to players from around the world, access to leagues across Europe, Asia, and Africa are all much more accessible.
Our Criteria for Choosing a Top NBA Betting Site
In this section, we’re going to look at how we choose our top NBA betting sites. You can take this information and apply it to your own betting needs before making your pick.
Range of NBA Bets
The top sportsbooks include all NBA games, so to differentiate themselves from the competition they have a range of markets that you can bet on. The moneyline, spread, and totals are your core markets, but look out for things such as props, parlays, teases, round robins, and futures.
Choice of NBA Events
The regular season will make up most of the NBA betting options. However, they ramp up a level in terms of coverage for the playoffs and then the finals. You can also bet on things like preseason and All Star games as well.
Bonus & Promotions
The sportsbook needs to have a good range of promotions. A top tip is to not always look for the biggest, but instead the most accessible. For this, you want low wagering requirements and long expiry dates, especially when it comes to welcome bonuses.
Safety & Security
All the betting sites that we promote on this page are safe and secure. They are fully licensed and you’re able to check that these licenses are in place before you sign up. This not only ensures that the sportsbooks are acting in a fair manner, but also that your funds are safe should anything untoward happen.
Payment methods are a key aspect of any sportsbook. The goal is to find fast processing times and no fees. These include options such as Visa, Mastercard, Neteller, Skrill, Bitcoin, Check, and bank transfers.
Access to customer support needs to be around the clock. Ideally, you want a live chat function where you can talk to someone in real time, but if not, an email or phone number is a must. Take note of the FAQ/help section as more of than not they cover most everyday issues that people have in relation to sports betting with that brand.
How to Sign Up and Bet on NBA
Creating a new betting account is a process that is relatively simple and should take no more than a couple of minutes to complete. We’ve created this guide using our number one NBA betting site, Bodog, to highlight how the process works and what you need to do for each step.
1) Open Bodog, the Best NBA Betting Site
You need to head over to the Bodog site. Once there, click on the “join” button in the top right corner to start the registration process.
2) Enter Your Details
Use the box that will appear to enter your personal information. This will include things like name, address, and telephone number. Make sure you enter these correctly as you’ll need to verify them at a later date.
3) Fund Your Account
Once your account has been set up, to bet you need to fund your account. Click on the cashier button and then choose the payment method of choice. Use the Bodog bonus code, if you have one.
4) Make Your NBA Picks
Head back to the sportsbook and use the menu section to make your NBA picks. Click the odds to add them to your betlsip which will appear at the side of the screen.
5) Enter Stake and Place Bets
Enter your stake into the box within the bet slip. It will tell you how much you’re going to risk and how much you’re going to win should the bet be successful. Click on place bet and then you will get a confirmation alert to say that the bet has been placed.
How NBA Betting Works
Most offshore and Canadian betting sites will work using an American odds formula. This is where you get a positive or negative number for the odds that represent the returns if that bet is successful.
The positive number is the amount you will win from a $100 bet and the negative is the amount that you need to wager to make a $100 profit.
For example, if you bet $100 at odds of +700 then your total returns would be $700. If the bet was priced at -250 then you would need to place a bet of $250 to make a $100 profit.
Other variations include decimal and fractional. Decimal odds are common with Canadian betting sites, and they represent the odds of each selection. All you do to work out the odds is to multiply your stake by that number.
For example, if you’ve odds of 3.5 and you wager $100, then your returns would be $350 (3.5 x $100). Most betting sites will allow you to toggle between the two.
Single-Game NBA Betting Explained
The lift in restrictions on sports betting in Canada came about in August 2021 when Bill C-218 was passed. Before this, you were limited on what you could bet on with most sites accepting parlay and pari-mutuel bets almost exclusively.
The passing of Bill C-218 has allowed Canadian betting sites to now offer single bets across all sports. It removes almost all restrictions to betting in the country which is why there has been a huge surge in the number of sports betting companies that have set up shop there.
Popular Types of NBA Betting Markets
Most sportsbooks offer up a vast range of NBA betting markets. All the games get great coverage from the betting sites that we’ve included on this page, and we’ve used the section below to explain how some of them work.
Moneyline bets are those placed on the result of a game. No handicaps are involved, and this is a straight bet with the winner of the game (including overtime if needed) will be the result of this market.
Spread bets are essentially a handicap that is placed on your selection. These bets will include a positive or negative number, with the positive being points added to the final total and negative points removed. The adjusted score is then the result of the bet.
The spread will be around even money for both results, creating an even spread.
Phoenix Suns -2.5
Atlanta Hawks +2.5
Totals are the combined number of points scored for each team. You then need to pick the over or under for that game. Again, these totals will be around even money, but you can get specials where the totals are larger or smaller with odds reflecting this.
Celtics v Bulls
Over 224.5 points
Under 224.5 points
Prop bets (proposition bets) include “everything else” and will range based on the sportsbook you are using. These might be alternative points spreads, alternative totals bets, top points scorer, most assists, most blocks, and so on.
Futures are bets that you place on markets that are going to finish within a set timeframe. These are usually a longer form of bets, such as NBA Championship winners, East/West winners, MVPs, and so on.
Parlays are bets that include multiple selections. You combine the odds for each of the individual selections to create your parlay price. A common bet is selecting several teams to win in a game week on the moneyline. This might look something like this…
Note, the odds are much easier to work out when converted to decimal. To get your parlay bet all you do is multiply each selection by the next. For example, 3 teams priced at 2.00 would be 2.00 * 2.00 * 2.00, giving you a parlay bet of 8.00.
Boston to win
New York Nicks to win
La Lakers to win
Cleveland Cavaliers to win
Live NBA Betting
Live betting is where you bet on games that are in-running. Most of the major betting sites (all the ones that we recommend) will have live betting options. Markets will vary, but moneyline, next points scorer, spread, totals, and a range of alternative lines will all be accessible.
Our Top 5 Tips for Betting on NBA
We’ve created our top 5 tips for betting on the NBA. Use these to maximize the amount of money you can win and just as importantly, limit the losses.
1. Check the Form
Team form is one of the easiest and best places to start. You need to see which teams are playing well and which are going through a bad patch. Make sure you note form for both home and away games as they can often vary massively for most teams.
2. Use Expert Picks
There are plenty of sites that offer expert picks that you can follow. If you’re short on time you can use these picks for your bets, but we recommend that you do your own research and then see if they match up with what others are suggesting.
3. Claim a Bonus
Make sure that whatever betting site you’re using has some sort of bonus attached. All new accounts can claim a bonus, but the best will have existing player bonuses as well. This allows you to earn money even if your bets aren’t winning, which significantly softens the blow of those losing bets.
4. Target the Spread
The spread can be a hard market to predict and as a result, it’s often here where you can claim the most value. Do your research on previous games leading up to your match-up and head-to-head results to see if there is any correlation between the two. Don’t be afraid to take on alternative (wider) spreads if the data suggests doing so.
5. Don’t Back Your Own Team
It’s been said before, but betting on your home team is not recommended. This is because you’re likely going to have a bias to certain results which may cloud your judgment. Take on teams that you’ve no affiliation with and let the numbers do the work.
Biggest NBA Events to Bet on
The NBA has multiple events that you’re able to bet on. Check out some of the more popular ones below to see how they work and which to target.
The NBA Championship is the overall winner, and this is the most popular NBA event to bet on. This market will stay live throughout the season, but the best value is found at the very start. However, this is also the toughest to predict so try and use preseason games and roster changes to work out who might go well.
The NBA is split into two conferences: Eastern and Western. This halves the league based on location and the winners progress into the NBA finals. It’s an easier event to bet on than the overall Championship winner due to fewer teams and can offer considerable value if you’re able to take early prices.
Teams are split again into divisions this time, with six to choose from. These are Atlantic, Southeast, and Central in the Eastern Conference, and Northwest, Pacific, and Southwest in the Western Conference. Each division is made up of 5 teams.
Regular Season Winners
You’re able to bet on winners of the regular season before they break off and go into the playoffs. There are multiple player markets that are linked to this such as regular season MVP, stat leaders, most wins, and player awards.
Canadian NBA Teams to Bet On
Canada hasn’t had a huge representation in the NBA with only a couple of teams playing in what is the best basketball league in the world. We’ve included all the current Canadian NBA teams in this section, with a little more about each.
The Toronto Raptors are the only current Canadian NBA team. They play in the Eastern Conference Atlantic Division and as the only Canadian side, have a huge following. The Raptors have been ever-present since 1995 and have won the NBA Championship as recently as 2019.
The Vancouver Grizzlies were founded at the same time as Toronto (1995) and were hosted in the Midwest Division of the Western Conference. However, they were relocated in 2001 and are now known as the Memphis Grizzlies.
Bonuses for NBA Betting Online
Bonuses are one of the biggest lures to an NBA betting site. They come in a variety of forms and some are more lucrative than others. Use this section to find the best bonuses for NBA betting online.
Match Deposit Sign Up Bonuses
A match deposit bonus is where the sportsbook will give you a bonus based on your deposit amount. The most common match is 100%, meaning that you will get a 1:1 match for your deposit. For example, if you deposit $100 you will get $100 in additional bonus money.
No Deposit Bonus
The no-deposit bonus is one that is given without the need to make an initial deposit. These are rare and low in value, but they are free and highly lucrative as a result.
Free bets are where the sportsbook will allow you to make a wager for free up to a certain amount of money. Terms linked to these will generally not include the stake back should your bet be successful. Again, free bets are usually small, but highly lucrative given they are free.
Bitcoin & Crypto Bonuses
Bitcoin and crypto are the most popular forms of banking for online betting sites. They are now pushed heavily by the betting sites and often come with their own dedicated bonuses. It’s common to see crypto bonuses be much larger than regular match sign-up bonuses, even though they work the same.
Reload or Top-Up Bonuses
A reload bonus is where the sportsbook will offer a bonus when you top your account up after your initial deposit. These are usually smaller than the initial sign-up bonus, but still offer a lot of value.
Risk-free bets are where the sportsbook will allow you to place a bet and if it loses, it will refund that bet. If it wins, then you get to keep the winnings. It’s different from a free bet in that any winnings will include your initial stake returned.
The Best Payment Methods for NBA Betting
All the NBA betting sites on this page will include a range of payment options to choose from. Below we’ve listed the more popular options and included a little on how they work.
Crypto Betting Options
Crypto is the latest (and greatest?) payment option for NBA betting sites. It’s accessible with most Canadian betting sites and allows users to move money about from a variety of cryptocurrencies.
The most popular is Bitcoin, but other popular forms include Litecoin, Ethereum, Bitcoin Cash, and Dogecoin. You’re going to find that the best NBA betting bonuses are accessible with crypto as betting sites try to encourage users to bank with this payment method.
eWallet Betting Options
eWallets aren’t old school, as such, but they are one of the original online payment methods for betting sites. This is where you have an electronic wallet that is separate from your main bank account but still linked.
It’s ideal for those who have access to multiple betting sites and want to use a single wallet while keeping it separate from their main checking account. Please note that eWallet deposits are prohibited from a lot of welcome offers, so make sure you check the Ts and Cs before you deposit.
Traditional Payment Methods
Traditional payment methods include the likes of Visa, Mastercard, Check, and Bank Transfer. These are going very popular banking options, but we have seen a trend of betting sites that are moving away from these to avoid fees.
2022 NBA Schedule
The table below highlights the main schedule for the NBA in 2022. Use this guide to see what is happening and when. We’ve included the venue for events that take place at pre-determined locations.
September 30th 2022
October 18th 2022
Regular Season Starts
February 19th 2023
All Star Game
Salt Lake City
April 9th 2023
Regular Season Ends
April 11th – 15th 2023
April 16th 2023
May 1st 2023
May 16th 2023
June 1st 2023
NBA Betting Terms
We’ve included a list of popular NBA betting terms. These are commonly used throughout the betting industry for NBA betting and ones you’re likely going to need to know.
NBA Points Spread – Essentially a handicap that is applied to both teams. The favorite will have points deducted and the underdog will have points added.
NBA Totals – The total number of points scored for both teams combined
NBA Moneyline – Betting on the outright winner of the game with no spread attached
NBA Futures Bets – This is for markets that are settled in the future (time not specific). Can be things like NBA Championship winner, conference winner, MVP, etc.
Odds – The price that is charged for the bet that you want to place. Most Canadian betting sites will use American or decimal-style odds.
Even money – Odds that will return exactly what is wagered if successful. For example, a $100 bet will make a $100 profit if it wins.
Parlay – Combination of multiple selections to make a single bet. Also referred to as an accumulator
Teaser – Combination of multiple picks that allow you to adjust the spread to manipulate the odds as you choose
Wager – The term used to place a single bet
Prop bets – Used to describe all other bets outside of the main moneyline, spread, and totals. Also known as a proposition bet.
Betting on NBA Near Me
NBA betting is starting to open up in Canada and there are a range of states that all access to betting online and in person. There are 9 provinces that allow NBA betting in person and online, which include Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, and Quebec.
But it’s not a green light in all provinces just yet. Some are limited to only betting in person (we would expect this to change soon) and these include Northwest Territories, Nunavut, Saskatchewan, and Yukon.
The Best NBA Betting Site in Canada
Bodog is rated as the best NBA betting site in Canada. The site covers all regular and post-season games, has a massive range of prop bets for all games, includes some of the most competitive betting lines that we’ve tested, and is one of the best betting apps in the business.
New accounts can access a welcome bonus that is worth up to $400 plus 50 free spins in the Bodog casino. With just a 5x rollover is one of the best welcome offers in Canada and is a big reason why we rate Bodog as our top choice NBA betting site.
Jonathan has been working within the iGaming sector since 2007. After graduating with a BA Hons in Marketing from Northumbria University, he's been able to set up his own online content business, working with some of the biggest brands in the iGaming sector. Outside of work he enjoys any type of sports, especially cricket, golf, football and darts.