Best Basketball Betting Sites in 2023 for Competitive Odds, NBA Bonuses, and Early Lines

With its non-stop action, unpredictable outcomes, and star-studded lineups, the NBA season has become a hotbed for sports betting fans.

And to help you slam dunk your way into the world of basketball betting, we’ve compiled the ultimate guide to the best basketball betting sites that will leave you feeling like an MVP.

Whether you’re a hardcore hoops fan or simply love the thrill of the game, these sportsbooks offer the perfect court to place your wagers and notch some massive wins.

Bovada is our top recommendation, thanks to its bumper odds and $750 welcome bonus, but we’ve also got 9 other sites that should be on your radar.

Ready for tipoff? Let the games begin!

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1. Bovada – Best Basketball Betting Site Overall

Pros:

$750 welcome bonus
Excellent NBA futures odds
Order custom props via Twitter
Over a decade of operation
Extra transparent thanks to on-site forum
Fast crypto withdrawals

Cons:

Additional steps required to reach customer support

Bovada gets to kick things off today as the leading NBA betting platform. Launched over a decade ago, Bovada is transparent, highly reputable, and offers a $750 welcome promo.

Basketball Betting Markets and Odds: 5/5

When you explore Bovada’s basketball betting options, you’ll find an array of markets that cater to different preferences. For instance, instead of just placing a straight bet on the team you think will win, you can also predict whether the total points scored in a game will be odd or even.

If you’re feeling more adventurous, try your luck in guessing the winning margin or even the number of assists and threes made by individual players.

Futures bets are another exciting aspect of basketball betting at Bovada.

These bets allow you to predict outcomes for future events, such as which team will win the NBA championship or the NCAA DI Men’s and Women’s Basketball Tournament.

You can also make predictions for the WNBA, including regular season wins, MVP awards, and the outright winner of the championship.

In case you want to place a bet but it isn’t listed, you can order custom props through Twitter using the hashtag #WhatsYaWager. Using this, you can request some juicy NBA betting lines.

Basketball Bonuses and Promos: 4.95/5

For those new to Bovada, make your first deposit using crypto to score a 75% bonus match, capped at $750.

Furthermore, by referring a friend to the platform, you could get a referral bonus of up to $275 for every new member.

Meanwhile, a 50% welcome bonus match worth up to $250 is available for bettors who prefer conventional payment options such as credit/debit cards.

Payment Methods and Payout Times: 4.95/5

Setting Bovada apart from other NBA betting sites online is its compatibility with multiple cryptocurrencies, including Ethereum, Bitcoin, and the rarer Bitcoin SV.

For fans of traditional payment options, alternatives like bank or wire transfers and credit/debit cards make adding funds to your Bovada account a breeze.

Withdrawal processing times differ and can span from 2 to 7 business days, depending on the chosen method. However, with crypto, you’re guaranteed payouts within 24 hours or less.

User Experience: 4.95/5

Users can seamlessly navigate various sports markets on any browser with Bovada’s exceptional mobile site, which offers the same features as its desktop counterpart.

For any questions regarding gameplay or account matters, Bovada’s customer support is available around the clock through live chat, so assistance is always readily available.

However, it is important to note that finding the contact information for the support team requires visiting the FAQ section initially.

>> $750 crypto welcome bonus at Bovada

2. MyBookie – Best Basketball Betting Site for Same-Game Parlays

Pros:

$1,000 welcome offer
Same-game parlays are available
Advanced bet builder
Operational for nearly a decade
Features some of the earliest odds and lines

Cons:

Looks somewhat outdated

Same-game parlays are rising in popularity among NBA bettors, and there is no better NBA betting site to place these wagers than here at MyBookie.

Basketball Betting Markets and Odds: 4.9/5

Available NBA betting markets at MyBookie include Straight, Alternate Handicap, and Total Points Over/Under.

This basketball sportsbook is renowned for its advanced prop builder and same-game parlays.

Futures and odds for basketball events like the NBA Championship show various teams’ odds to win, such as Denver Nuggets at +470 and Boston Celtics at +490.

NBA MVP Award futures also showcase players’ odds months in advance. For example, currently, Nikola Jokic is leading at +390, and Giannis Antetokounmpo is following closely at +490.

For fans of casino games, MyBookie also features hundreds of online gambling options, and it was also one of our top picks in this online slots guide.

Basketball Bonuses and Promos: 4.85/5

Upon joining MyBookie, you’ll be able to claim various promos and bonuses, including a $10 virtual casino game chip, a 200% reward for referring friends, a 25% sports reload bonus, and a 50% bonus on your first deposit up to $1,000.

This means that if you fund your account with $500 on your initial deposit, you will have $750 at your disposal for those NBA wagers.

Payment Methods and Payout Times: 4.85/5

What sets MyBookie apart as a premier global online betting site is not just the array of payment options — which includes Bitcoin, Litecoin, Ethereum, and bank cards — but also the minimal fees and swift payout processing times, often taking merely a few hours.

However, we highly recommend using Bitcoin and other cryptocurrencies here because of the low deposit minimums associated with such payment methods.

User Experience: 4.7/5

The overall gaming experience at MyBookie is enhanced by the seamless navigation provided by the website, despite its seemingly outdated design.

Additionally, to prevent user frustration or dissatisfaction, customer support is available 24/7 through live chat and email, ensuring timely responses to urgent inquiries.

The exceptional ease of use offered by MyBookie is one of its key features, and that’s why it ranks 2nd on our list.

>> $1,000 welcome bonus + $10 casino chip at MyBookie

3. BetOnline – Best Basketball Betting Site for Odds Boosts

Pros:

$1,000 sign-up deal
$25 NBA risk-free bet
Enhanced odds
Offers around 20 payment methods
Reputable site with decades of experience
One of the best Bitcoin casinos

Cons:

9.75% fee for credit card users

Online for more than 2 decades, BetOnline is packed with some of the best promo deals for basketball fans, including a dedicated $25 risk-free bet just for the NBA, and rightfully earns a spot here as one of the best NBA betting sites.

Basketball Betting Markets and Odds: 4.8/5

Betting markets and odds at BetOnline cover American, Mexican, and Puerto Rican basketball events.

The platform offers betting on the NBA and WNBA in the United States, Mexico CIBA COPA in Mexico, and BSN in Puerto Rico, and that’s just a fraction of what’s on offer, as there are other international leagues when those are in session.

Betting lines for American basketball include straight, total points over/under, and the same markets for only the 1st half. Mexican and Puerto Rican basketball also offer straight and total points and over/under markets, just to mention a few.

Futures and odds are always available for the NBA Championship Winner.

For example, the platform currently has top contenders like Denver Nuggets at +450, Boston Celtics at +500, Milwaukee Bucks at +650, and Phoenix Suns at +650.

Basketball Bonuses and Promos: 4.75/5

New BetOnline users who deposit a minimum of $55 can benefit from a 50% sign-up bonus up to $1,000.

In addition, regular customers can enjoy various perks, such as a unique 25% sports reload bonus with the LIFEBONUS code and special rewards for prop bets and live betting.

One standout feature of BetOnline is its selection of no-risk betting opportunities.

An exclusive offer called the Blue Balls Blowout allows you to receive a $25 refund on your NBA bet if the team you backed had a 15+ point lead at halftime but ultimately lost.

Additionally, if a user’s first live bet is unsuccessful, they can recover their losses through a $25 risk-free promotion.

Payment Methods and Payout Times: 4.9/5

BetOnline is recognized for its swift withdrawal processing, frequently completing transactions within an impressive 24-hour window.

The platform supports a wide variety of nearly 25 payment methods, including well-known cryptocurrencies such as Bitcoin, Ethereum, Cardano, and several stablecoins.

While credit cards are also accepted at BetOnline, using cryptocurrencies may be a wiser choice due to the additional 9.75% processing fee.

User Experience: 4.75/5

For both iOS and Android devices, BetOnline can be accessed effortlessly without requiring any app downloads.

Should you face any challenges, ongoing customer assistance is available via live chat, email, or phone on the platform.

>> $1,000 first-deposit bonus at a 50% match rate at BetOnline

4. BUSR – Largest Welcome Bonus of All Basketball Betting Sites

Pros:

$1,500 first-deposit bonus
100% bonus match rate
Excellent coverage of college basketball
Highly professional design
Exceptional racebook and casino on the side
Also one of the best esports betting sites

Cons:

Average variety of NBA markets overall

BUSR makes our list of the best NBA basketball betting sites by offering the best welcome bonus, going up to $1,500 in bonuses at a generous 100% match rate on your initial deposit.

Basketball Betting Markets and Odds: 4.7/5

BUSR covers various basketball events from around the world, including American and international leagues, from the NBA and WNBA to Seria A LBA and the FIBA World Cup.

Futures and odds for the upcoming NBA Championship Winner are usually set in advance. Currently, they have the Denver Nuggets leading at +470, followed closely by Boston Celtics at +490.

Other notable teams include Golden State Warriors (+1025) and the Los Angeles Lakers (+1325).

In the WNBA Championship Winner market, Las Vegas Aces are favored at -134, while New York Liberty is at +160.

Basketball Bonuses and Promos: 4.75/5

Cryptocurrency enthusiasts will appreciate BUSR’s Crypto Rewards program, which includes a 1x rollover and offers up to $100 cashback on each credit card deposit.

Additionally, users can benefit from the platform’s unlimited referral promotion, which you can use to score up to $250 for every successful referral.

If you’re new to the site, enter the promo code SPORTS100FP, and you’ll be eligible for a welcome bonus that matches your first deposit by 100%, up to $1,500.

To claim this enticing offer, a minimum deposit of $100 is necessary.

Payment Methods and Payout Times: 4.6/5

BUSR users can choose from various options to fund their accounts, such as debit and credit cards or cryptocurrencies like Bitcoin and Litecoin, as well as 8 other digital coins, which help lower transaction fees.

While traditional currency transactions may take a few days to process, crypto transactions typically see payouts completed within hours.

User Experience: 4.7/5

With compatibility for devices like iOS and Android smartphones and tablets, the mobile-friendly website of BUSR enables a seamless sports betting experience for those that like to bet on the move.

In addition to offering sports betting tutorials and maintaining an active social media presence, BUSR provides a committed customer support team that is accessible 24/7 through email, phone, or live chat to promptly address any inquiries.

>> $1,500 first-deposit bonus at BUSR

5. SportsBetting.ag – Best Basketball Betting Site for Live Betting

Pros:

$1,000 welcome promo
Premium-tier live betting interface
Accepts about a dozen cryptos
Online since the early 2000s
20+ sports betting markets

Cons:

Higher minimum deposit required for sign-up offer

In case you like to bet on NBA games while they’re in progress, visit SportsBetting.ag, the best live betting NBA site, in our humble opinion.

Basketball Betting Markets and Odds: 4.6/5

SportsBetting.ag is known for its top-quality live wagering interface and some of the best in-play betting odds in the industry.

The platform covers basketball events from the United States, Mexico, and Puerto Rico, featuring popular leagues such as the NBA, NCAA, WNBA, Mexico CIBA COPA, and BSN.

Plus, there are many other European leagues featured here as well.

Basketball Bonuses and Promos: 4.7/5

A multitude of attractive incentives and unique offers await users at SportsBetting.ag.

For cryptocurrency enthusiasts, the match rate increases to an astounding 100%, while new members receive a 50% welcome bonus with a maximum limit of $1,000 upon registration using traditional payment methods.

Additionally, a consistent 25% reload bonus on qualifying deposits is available, along with an assortment of exclusive promotions specifically designed for casino enthusiasts.

Payment Methods and Payout Times: 4.65/5

Featuring nearly 20 unique payment methods, SportsBetting.ag ensures the availability of your preferred payment option.

Secure and reliable transactions can be made using options such as money orders and MoneyGram.

As one of the top crypto sports betting sites, digital currency enthusiasts have access to an extensive selection of options, including Bitcoin, Litecoin, Ethereum, XRP, Stellar, Doge, and stablecoins like Tether.

User Experience: 4.65/5

Like many esteemed online sportsbooks, SportsBetting.ag offers smooth customer assistance via live chat, phone, and email.

Furthermore, the sportsbook employs three distinct email addresses to handle various inquiries, with one devoted exclusively to sportsbook-related concerns.

Owing to its recent improvements, especially in regard to its design and aesthetics, the platform has emerged as a top choice for NBA betting, providing top-tier mobile compatibility.

>> 50% welcome promo up to $1,000 at SportsBetting.ag

Best Basketball Betting Sites – Runners-Up:

How We Ranked the Best Basketball Betting Sites

Basketball Betting Markets and Odds

When ranking the best NBA betting sites, we considered the variety of basketball bets and competitive odds available for each NBA game, whether it’s a regular season match or the NBA Finals.

We want to see everything from straight bets to prop bets and NBA futures markets at these online NBA betting sites.

NBA Betting Bonuses and Promotions

We also took into account the different bonuses and promo deals offered by each site.

Generous welcome bonuses, free bets, and ongoing promotions can significantly enhance the betting experience and increase the value for bettors.

To land on the best sportsbook sign-up bonus for basketball bettors, we considered sites with lower wagering requirements and fair bonus T&Cs.

Payment Methods and Payout Times

Another crucial factor we examined was the range of payment methods available and the speed of payouts.

A good NBA betting site should offer a variety of secure and convenient payment options, as well as quick withdrawal processing times, ensuring bettors have easy access to their winnings.

User Experience:

Lastly, we focused on the overall user experience provided by all the basketball sportsbooks on our list.

A user-friendly interface, easy navigation, and responsive customer support are essential in delivering a seamless betting experience for both beginners and experienced bettors alike.

Why Is Bovada the Best Basketball Betting Site?

As one of the longest-standing online sportsbooks, Bovada did all the right things to become the best NBA betting site in the world. Just check out some of its top highlights:

Exceptional Range of NBA Betting Markets: Bovada offers an impressive variety of NBA betting markets, catering to all types of bettors. Whether you’re interested in placing bets on individual games, futures, or prop bets, Bovada has got you covered. You can bet on who will win the NBA Championship months in advance!
Top-Level Bet Builder: Bovada’s innovative bet builder allows you to craft all sorts of wagers and even request custom prop bets through Twitter by using the #WhatsYaWager hashtag. This feature gives you the freedom to create your own unique bets, making the betting experience even more engaging and personalized.
Extra Transparency: This online sportsbook goes above and beyond to provide transparency to its users. In addition to offering 24/7 support, the site also hosts a public forum where you can communicate with support team representatives and check previous support inquiries.
$750 Welcome Offer: Bovada rewards new users who use cryptocurrency with a generous 75% deposit match, going up to $750, using the BTCSWB750 Bovada bonus code. This welcome offer is an excellent incentive for those looking to start their basketball betting journey on the platform, providing a significant boost to your bankroll.

If you’re interested in the casino side of things, we’ve got a detailed review of Bovada online casino.

Why Should I Use Online Basketball Betting Sites?

There are several reasons why you should use online basketball betting sites.

NBA betting sites are miles above those old-school retail sports betting locations. Here are some key reasons why you should take your basketball betting online for the next NBA season.

Sharper Lines and Reduced Juice: Online betting sites often feature sharper lines and reduced juice (vig) due to the increased competition in the industry. This means that experienced bettors can find better value and potentially more profitable opportunities compared to retail sportsbooks, where lines might be shaded toward public perception or the juice is higher to cover overhead costs.
Line Shopping and Arbitrage Opportunities: With numerous online NBA betting sites at your disposal, you can easily compare odds across different platforms and take advantage of line shopping opportunities. This allows you to maximize your potential profits by placing bets with the most favorable odds. Additionally, arbitrage opportunities may arise when discrepancies in odds across different sites create a risk-free betting scenario.
Higher Betting Limits and Customization: Online NBA betting sites tend to offer higher betting limits compared to retail sports betting locations, catering to high-stakes bettors seeking greater action. Furthermore, some online sites allow you to request custom lines or odds on specific events, giving you even more control over your betting experience.
Niche and Alternative Markets: Experienced bettors often look for niche markets to exploit inefficiencies and find value. Online betting platforms typically offer a more extensive range of these markets, including player props, team totals, and exotic wagers that may not be available at retail sportsbooks.

Guide to Basketball Betting Sites

What Are the Best Basketball Sports Betting Sites?

If you’re looking for the best basketball sports betting sites available to NBA bettors, we’ve listed them below:

Bovada
MyBookie
BetOnline
BUSR
SportsBetting.ag

Overall, Bovada is the best NBA betting site, especially if you like prop bets. If you’re interested in same-game parlays, though, then MyBookie is the place to be.

BetOnline hosts some of the best promos for betting on NBA games and offers a diverse range of payment options, while BUSR has the best first-deposit bonus, going up to $1,500.

And if you want to enjoy the best live betting experience, head over to SportsBetting.ag.

Are NBA Basketball Betting Sites Safe?

Yes, NBA basketball betting sites are safe, provided you join reputable, licensed, and regulated online sportsbooks.

It’s essential to do thorough research before choosing a platform to ensure it has a good track record and offers secure payment methods.

Always look for user reviews and expert opinions to gauge the site’s reliability.

Which Sports Bets Can I Place at Basketball Betting Sites?

At basketball betting sites, you can place various bets depending on your preferences and strategies.

Some common bet types include:

Moneyline: A straightforward bet on which team will win the game. For example, you could bet on the Los Angeles Lakers to defeat the Boston Celtics in a regular-season game.
Point Spread: Here, you’re betting on the margin of victory, where one team is given a handicap to even the odds. For instance, if the Golden State Warriors are favored by 7.5 points against the Houston Rockets, they must win by 8 or more points for your bet to be successful. Conversely, a bet on the Rockets would be successful if they either win outright or lose by 7 points or fewer.
Over/Under (Totals): This is wagering on the combined total points scored by both teams, either over or under a specified number. For example, you could bet on the over/under for a game between the Brooklyn Nets and the Milwaukee Bucks, with the line set at 220.5 points. If the final combined score is 221 points or higher, the over wins; if it’s 220 points or lower, the under wins.
Futures: Long-term bets, such as predicting the NBA Finals Winner or the NBA Finals MVP, fall under the futures category. You could place a bet on the Philadelphia 76ers to win the NBA Championship before the season starts or wager on Nikola Jokic to win the MVP award.
Prop Bets: These are wagers on specific events or statistics within a game, like player performance or team statistics. For example, you might bet on Lebron James to score over 30.5 points or the LA Lakers to have more than 12.5 assists in the first half.
Parlays: Here, you’ll be combining multiple bets into a single wager, increasing the potential payout but requiring all selections to win. An example of a parlay bet could be betting on the Lakers to win their game, the total points scored in the Clippers game to be over a certain number, and the New York Knicks to cover the point spread in their matchup. All three bets must be correct for the parlay to win.
Live (In-Play) Betting: As the name suggests, you’ll be placing bets during a live game, with odds constantly updated based on the game’s progress. For instance, you might place a live wager on the Atlanta Hawks to come back from a 15-point deficit in the third quarter.

Comparing the Top 5 Basketball Betting Sites

Here’s a brief recap of the standout features available at our top 5 NBA online betting sites and basketball sportsbooks for sports bettors:

Bovada: This is the best NBA online betting site overall. The platform allows you to craft custom props for any NBA game via Twitter and boasts exceptional crypto optimization, with up to $750 in welcome bonuses exclusively for crypto basketball bettors.
MyBookie: Love placing same-game parlays? MyBookie is the king of NBA gambling sites when it comes to these types of parlays. The platform is also renowned for its variety of prop bets and welcomes all new bettors with up to a $1,000 sign-up bonus.
BetOnline: At BetOnline, you’ll have tons of payment methods at your disposal. Plus, the site boasts the best risk-free bet deals of any NBA betting app. The platform also offers top-notch futures bets, combined with enhanced odds on specific markets and a $1,000 welcome offer.
BUSR: If you’re after the best welcome bonus of all NBA betting sites, head over to BUSR. Here, you’ll be able to claim a sign-up bonus that goes up to $1,500 at a highly generous 100% match rate on your initial deposit.
SportsBetting.ag: Finally, we have the best sportsbook for live NBA betting online, offering highly competitive live odds and top-tier support for cryptocurrency, with over 10 digital coins listed as payment methods. New users receive up to $1,000 in bonuses on their first deposit.

How to Register and Place Basketball Bets Online

You can join the best NBA betting sites and bet on the NBA league, and the whole process won’t take more than a few minutes of your time.

The rules are very similar for most of the leading NBA betting sites, but we’ll use Bovada as an example.

1. Register Your Sports Betting Account

Visit Bovada.
Click the sign-up button and fill out the registration form.
Agree to the T&Cs.

2. Verify Registration

The sportsbook will send you an SMS with a verification code.
Enter the code when asked and log in to your new account.

3. Deposit and Claim Your Bonus

Set your payment preference at the Bovada cashier.
Deposit $20 or more and claim the welcome bonus (up to $750 if you use crypto).
Check the available betting options and place your first basketball bet online!

Tips & Strategies for Online Basketball Betting

Finding the top NBA betting apps is part one of your sports betting journey.

The second part is finding the best NBA betting strategy. Below are some of our top tips for getting the most from your NBA bets.

Utilize Advanced Metrics and Analytics: Go beyond traditional statistics and dive into advanced metrics like Player Efficiency Rating (PER), Win Shares, Real Plus-Minus (RPM), and more. These metrics provide a deeper understanding of player performance and team dynamics, which can help you make more informed decisions.
Try Adopting a Contrarian Approach: Betting against the public sentiment can sometimes yield profitable results, as sportsbooks may adjust their odds in response to heavy betting on one side. By identifying situations where public opinion is heavily skewed, you can potentially find value by betting on the less popular side.
Focus on Specific Betting Markets: Instead of spreading your bets across various markets, specialize in one or two areas, such as point spread bets or player props. This will allow you to develop a deeper understanding of these markets and make more accurate predictions over time.
Join Multiple NBA Betting Sites to Claim More Bonuses: Register with multiple NBA sportsbooks to take advantage of the various welcome bonuses and promotions they offer. Also, having accounts with numerous sportsbooks allows you to compare odds and lines, ensuring you always get the best value for your sports bets.

Ready to Place Bets at the Best Basketball Betting Sites?

Now you know where to place where your basketball wagers, and we hope you’re excited about joining the best NBA betting sites!

Once again, we’ll reiterate that Bovada is the best basketball betting site because it offers the widest range of bets and highly competitive NBA odds.

Still, any site listed here will serve you well in the long run.

So, take your time and take a thorough look at all the available options before picking your preferred sportsbook. Once you take your pick, gamble responsibly and remember to have fun!

DISCLAIMER: 21+ only. Online gambling comes with many risks. The information on this site is for entertainment purposes only. Players are advised to gamble responsibly and only use funds they can afford to lose. Remember, gambling is only intended for entertainment purposes and is not a solution to any financial difficulties.

Gambling laws and policies vary from one region to another. Some sites mentioned in this review may not be accessible in your area. Always do your due diligence and check your local gambling policies. It is always better to be safe than sorry.

We are committed to providing our readers with accurate and timely information. The details mentioned in our review may be subject to change as casinos seek to improve their sites to offer their players a better gambling experience.

If you suspect you’re becoming addicted to gambling, seek help immediately by contacting the National Gambling Helpline at 1-800-522-4700.

The following resources may be helpful as well:

Best Basketball Betting Sites in 2023 for Competitive Odds, NBA Bonuses, and Early Lines