- Best NBA betting sportsbooks 2023
- Top 5 verified basketball betting sites
- How to sign up to NBA betting sites
- Types of NBA bets
- Why sign up with multiple NBA betting sites?
- Types of NBA betting bonuses
- Sites with best NBA betting promos
- NBA betting resources
- NBA betting strategies
- States where you can bet legally on NBA
- NBA betting sites: Key information
- Best NBA betting sites FAQs
Best NBA betting sportsbooks 2023
It's important to remember that the best website for you can differ depending on your unique betting preferences. Some platforms might excel in specific types of bets, odds, or offer excellent mobile functionality. My objective is to highlight these factors, giving you the tools to make an educated decision.
I'm not just here to guide you on where to bet; my aim is to provide you with valuable information that will enhance your NBA betting journey. So, let's dive in and explore further.
Top 5 verified basketball betting sites
|🏀 BetMGM||Best for user experience|
|🏀 Caesars||Best for welcome bonus|
|🏀 DraftKings||Best for odds value and boosts|
|🏀 FanDuel||Best for all-around experience|
|🏀 BetRivers||Best for regular promotions|
|🗓 Last Verified||December 2023|
Navigating the football betting landscape can be a daunting task with numerous platforms vying for your attention. To help simplify your decision, I've taken a close look at five of the best NFL betting sites for football betting—BetMGM, DraftKings, FanDuel, Caesars, and BetRivers. Each excels in its unique way to ensure an unparalleled football betting experience.
BetMGM - Best for user experience
I've found BetMGM to be an all-around solid choice for NBA betting. One of the main reasons I rank it highly is its live-streaming feature. With this, you're not just betting on the game, but you also get to watch it unfold, which adds to the excitement. Besides, BetMGM stands out with its Lions Boost and its one-game parlay builder. The latter function gave me the power to customize my bets within a single game, which is something I don't see on every platform, while the former allows me to earn a profit boost on select bets. Also, the early cashout feature provides a safety net that allows you to secure your profits or minimize losses, which I've found to be very beneficial. It's first bet insurance welcome offer up to $1000 is an incredibly lucrative offer as well. You can unlock it using the bonus code ODDSBONUS. Overall, BetMGM offers a well-rounded, user-friendly betting experience, making it a top pick for beginners and experienced bettors alike.
- App store rating: 4.8 (iOS), 3.8 (Android)
- Sign-up promo: $1,500 Back in Bonus Bets using bonus code ODDSBONUS
- Payout speed: 2 - 8 days
Caesars Sportsbook - Best for welcome bonus
If you're all about bonuses, then you should consider Caesars Sportsbook. The $1000 first bet offer welcome bonus is incredibly straightforward to claim, as well. All you need to do is sign up for the sportsbook, make your first deposit, and wager it. From there, if your initial bet loses, Caesars will refund your entire stake in the form of bet credits back to you in the form of bet credits, up to $1000. Remember, only your winnings will come back to your account, not the entire stake.
What I particularly like about Caesars Sportsbook are the odds boosts on offer. These enhanced odds offer potentially higher returns on select bets, which has frequently improved my winnings. If you're a bettor who likes to make the most out of every opportunity, Caesars Sportsbook might be your perfect match.
- App store rating: 4.8 (iOS), 4.3 (Android)
- Sign-up promo: $1000 first bet offer when using bonus code OPBONUS1000
- Payout speed: 1 - 5 days
DraftKings Sportsbook - Best for NBA odds value
For casual NBA bettors like me, DraftKings Sportsbook has proven to be an excellent choice. The low minimum deposit is one of its strongest points, making it accessible for bettors of all financial backgrounds. Currently, DraftKings offers a Bet $5 Get $150 bonus plus a No Sweat SGP every day when you first sign up for the sportsbook. All you have to do is make a minimum $5 deposit and first wager to unlock the bonus. Your bonus comes as six $25 bonus bets. Of note, DraftKings will award $150 in bonus bets regardless of the outcome of your qualifying wager. No Sweat tokens will be issued once per day and expire at the start of the last game on the day they are offered. These come with maximum wagering limits and must be used from your cash balance. If the bet loses, you will receive your bonus bet based on the amount of your losing bet. Remember, bonus bet amounts are not included in winnings derived from bonus bets. Lastly, bonus bets are valid for seven days.
Additionally, I've found their short-term welcome bonuses to be a great value add, especially for those just starting their NBA betting journey. Not to mention DraftKings has plenty to offer in the form of daily odds boosts for the biggest NBA games on the slate, whether that's parlays, props, or single-game bets. If you're new to sports betting, DraftKings is a platform that will make your introduction as smooth as possible.
- App store rating: 4.8 (iOS), 4.6 (Android)
- Sign-up promo: Bet $5 Get $150 Instantly + A No Sweat SGP Every Day
- Payout speed: 1 - 3 days
FanDuel Sportsbook - Best for all-around experience
FanDuel Sportsbook impresses with its high-quality mobile app, which I rank as one of the best in the industry. Its clean, user-friendly design made my betting experience a breeze, even when on the go. The speed of their payouts also stands out, meaning you can access your winnings with minimal delay. With FanDuel, you can place your bets, watch games, and withdraw your earnings from anywhere, making it a perfect choice for those who prefer betting on mobile devices. The promotions on offer on FanDuel are also some of the best in the industry, and work seamlessly with NBA bettors. The welcome offer is currently Bet $5 on any Moneyline, Get $150 in Bonus Bets IF YOUR TEAM WINS.
- App store rating: 4.8 (iOS), 4.7 (Android)
- Sign-up promo: Bet $5 on any Moneyline, Get $150 in Bonus Bets IF YOUR TEAM WINS
- Payout speed: 1 - 5 days
BetRivers - Best for regular promotions
Rounding off the list is BetRivers, a platform that offers a comprehensive NBA betting experience. What initially caught my eye was their wide selection of prop bets. If you love variety and creative bets, BetRivers won't disappoint. The platform's Props Central and House Specials are features that are perfect for NBA bettors. The secure withdrawal processes and detailed stats contribute to an overall transparent and informed betting environment. With BetRivers, I've been able to make informed betting decisions based on an extensive array of stats and tips integrated into the sportsbook, which has greatly improved my betting experience. I was also able to claim its second chance welcome offer worth up to $500 quite easily.
- App store rating: 4.4 (iOS), 3.4 (Android)
- Sign-up promo: Up to a $500 Second-chance Bet using bonus code ODDSPEDIA
- Payout speed: 1 - 5 days
In summary, the best NBA betting site for you depends on your personal preferences and betting style. It's all about finding a platform that offers competitive odds, ensures a secure betting environment, and provides features that align with your betting habits. I hope this detailed rundown helps you make an informed choice. Here's to a rewarding NBA betting experience!
How to sign up to NBA betting sites
As an NBA fan, you might be interested in getting into the betting action. Trust me, I understand the appeal. Not only does it add an extra layer of excitement to the games, but it also offers the potential for some healthy winnings. Let's go through the steps you need to take to start betting on NBA games.
1. Choosing an NBA sportsbook
Your first step is to choose a sportsbook. This might sound easy, but given the plethora of NBA betting sites available, it's important to pick the right one. You want to look at things like the range of betting markets, the quality of odds, the speed of payouts, and the quality of the mobile app, among other things. I've provided detailed reviews of various US sportsbooks on this site to help you make an informed decision.
2. Account verification
Once you've selected a sportsbook, you need to sign up and verify your account. This process usually involves providing some basic personal information and uploading a copy of a government-issued ID for identity verification. It's a standard process across all reputable sportsbooks to ensure the safety of their users.
3. Depositing funds
After your account is verified, you'll need to deposit funds into your betting account. Most sportsbooks offer a variety of banking options, from credit and debit cards to e-wallets and bank transfers. Choose a method that's convenient for you and follow the instructions provided by the site to make your deposit.
4. Selecting a game
Now, you're ready to start betting. Head over to the NBA section of the sportsbook, browse through the list of upcoming games, and select a game you're interested in. Remember to do your research and consider various factors like team performance, player injuries, and head-to-head statistics before making your decision.
5. Placing bets
With your game selected, it's time to place your bet. You can bet on a variety of outcomes, from the simple win/loss result (moneyline bet) to specific player performances (prop bets). After you've chosen your bet, enter the amount you want to wager and confirm your bet.
6. Withdrawal (if successful)
If your bet is successful, congratulations! Your winnings will be added to your account balance. You can then choose to use these funds for further bets or withdraw them. The withdrawal process will depend on the sportsbook's policies, but generally, it involves choosing a withdrawal method and entering the amount you want to withdraw.
Types of NBA bets
If you're like me, a basketball enthusiast and NBA betting fan, then you'll be fascinated by the wide variety of bet types offered by top sportsbooks. Allow me to guide you through some of the most popular types of NBA bets, with examples from real-life games to help clarify these concepts.
Moneyline bets are the simplest form of sports betting. Here, you're betting on which team will win outright, with no consideration of the point difference. Suppose the Los Angeles Lakers are playing against the Boston Celtics. In this case, you can place a moneyline bet on either the Lakers or the Celtics to win. However, remember that odds will differ based on each team's perceived chances of winning, making some bets riskier but potentially more rewarding.
Point spread bets
Point spread bets add an extra layer of complexity and excitement. In this type of bet, you're not just predicting who will win, but by how much they will win. For example, if the Golden State Warriors are favored by 7.5 points against the Houston Rockets, the Warriors need to win by more than 7.5 points for a bet on them to pay out.
Over/Under total bets
Over/under total bets, also known as totals, are wagers on the total points scored by both teams in a game. Let's say the Over/Under for a game between the Chicago Bulls and the Miami Heat is set at 215.5. In this scenario, you have the choice to bet on whether the total points scored by both teams will be Over or Under that number. The thrill in this type of bet is not having to pick a side, but rather predicting the game's pace.
Prop bets, short for proposition bets, are wagers on specific outcomes within a game that don't directly relate to the final score or winner. For instance, you could bet on LeBron James to score over 25.5 points in a game, regardless of the game's outcome. Similarly, you could wager on the Brooklyn Nets to hit more than 10.5 3-pointers in a game, bringing an individualistic and detailed approach to your betting experience.
Parlays are multiple bets combined into one, increasing the potential payout but also the risk, as all selections must win for the parlay to pay out. For example, you could place a parlay bet predicting the Philadelphia 76ers, Denver Nuggets, and Phoenix Suns all to win their respective games. While the odds are high, the payoff can be substantial, which adds to the excitement of this betting type.
Teasers resemble parlays but with less of a risk. They allow you to adjust the point spread or total in your favor, hence "teasing" the line. For example, if the Milwaukee Bucks are -7.5 against the Indiana Pacers, you could ‘tease’ the line to Bucks -2.5, thus reducing the margin they need to cover. This advantage makes your bet more likely to succeed, albeit with a lower payout.
Round-robin bets are a way to create multiple parlays at once. Suppose you're confident about three teams— the Toronto Raptors, Sacramento Kings, and the Atlanta Hawks — winning their games. You could create a round-robin bet which consists of three two-team parlays. This strategy gives you a higher chance of winning at least one of your parlays, while still offering a lucrative payout if all your picks are correct.
Futures are bets on events that will transpire further down the line, like betting on which team will win the NBA Championship or who will be named MVP at the end of the season. If you have a hunch about the New York Knicks being the dark horse for the Championship at the start of the season, placing a futures bet could result in a significant payoff.
Understanding these types of bets can significantly enhance your NBA betting experience, diversify your betting strategy, and possibly improve your overall success.
Why sign up with multiple NBA betting sites?
You may wonder why I often recommend signing up with more than one NBA betting site. It's not about being indecisive; rather, it's about leveraging the unique benefits each platform offers. Here's why I believe in spreading your bets across multiple platforms.
Different sign-up bonuses
Almost every sportsbook will tempt you with a sign-up bonus. The bonus could be bet insurance leading to bet credits, or a deposit match. By joining multiple sites, you have the opportunity to claim multiple bonuses, essentially getting more value for your initial deposits. But remember, always read the terms and conditions of each bonus as they can vary significantly.
Ability to compare odds
From my experience, I know the value of shopping for the best odds. Even slight variations in the odds can translate into substantial differences in potential returns, especially over the long term. With accounts on multiple sites, you can compare and take advantage of the best odds available for each bet you place.
Broad choice of betting options
Not all sportsbooks offer the same range of betting options. Some might excel in moneyline bets, while others might shine with their prop bet offerings. By joining multiple platforms, you'll have access to a wider variety of betting options, enabling you to find the precise bet you're confident in.
Ongoing bonuses and promotions
Sign-up bonuses are just the start. Many sites offer ongoing bonuses and promotions, such as enhanced odds, loyalty programs, or event-specific promotions. With multiple accounts, you can capitalize on these promotions as they arise, giving you even more opportunities to boost your winnings.
To provide you with a clearer picture, let's take a practical example. Suppose you're on sportsbook A and B. Sportsbook A might offer a superior sign-up bonus, while B provides better odds on your favorite teams. By signing up with both, you can reap the rewards of A's generous sign-up bonus and place your bets on B when it offers more favorable odds.
Having multiple accounts isn't about dividing your loyalties; instead, it's about maximizing your opportunities. It's about giving yourself the best chance to profit from your NBA betting. After all, as bettors, our goal is not only to enjoy the thrill of the game but also to make the most of our bets. Multiple accounts simply provide more tools to achieve that goal.
Types of NBA betting bonuses
When it comes to NBA betting, various sportsbooks offer diverse promotions that can be a boon for both expert and new bettors. Here are a few of the common types of betting bonuses I've come across during my NBA betting journey:
This type of promotion is appealing for newcomers. These bets are a form of insurance for your initial wager. I've seen offers where if your first bet loses, the sportsbook will refund the stake in the form of bet credits up to a certain limit, like what BetMGM offers. It's an excellent way to get started with less stress about potentially losing your initial wager.
Deposit bonuses are pretty straightforward and are one of the most common types of bonuses. When you deposit a certain amount into your account, the sportsbook matches a percentage of it, adding the extra as bonus funds. I've seen many sportsbooks offering a 100% match bonus, effectively doubling your initial deposit.
Bonus bets are similar to bet insurance wagers, but they usually have a specific requirement to qualify. For instance, DraftKings offers $150 in bonus bets for a $5 bet on any NBA game - win or lose. It's an exciting offer that can yield significant returns from a relatively small wager.
Profit boosts are another type of promotion that I've found to be quite lucrative. If you win a bet, the sportsbook boosts your winnings by a certain percentage. It's a great way to maximize your profits if you have strong insights about a particular bet.
Parlays involve combining multiple bets, and while they offer higher potential payouts, they are also riskier. Parlay insurance, offered by sportsbooks like FanDuel, helps mitigate some of this risk. If one leg of your parlay bet fails, the sportsbook will refund your stake, usually in the form of a bet credit.
Before you dive into these offers, always read the terms and conditions, as each sportsbook will have its own rules. The best bonuses are the ones that suit your betting style and risk tolerance. And remember, the goal should always be to enjoy the betting experience. Responsible gambling should be your top priority.
Sites with best NBA betting promos
BetMGM's first bet offer
BetMGM truly made my first foray into sports betting a memorable one with its first bet offer. Their promotional strategy is both user-friendly and enticing. If you're a newcomer to the sportsbook, BetMGM offers first bet insurance of up to $1,000. This means that if your first bet is unsuccessful, BetMGM will refund your stake in the form of bet credits up to a value of $1,000. It's a considerable offer and one that gave me a sense of security when I was starting out. It's a bonus that truly sets them apart from their competitors.
Check out this detailed BetMGM promo code page for more insights, including the bonus code you need to unlock the welcome offer.
DraftKings Sportsbook's bonus bets
When it comes to DraftKings Sportsbook, the name of the game is value. With their bonus bets offer, a mere $5 bet can yield up to $150 in bonus bets. Essentially, when you place a bet of $5 on any NBA game, you'll receive $150 in bonus bets whether or not your wager is successful. I have found this offer to be a perfect blend of thrill and value, whether I am betting on a surefire favorite or taking a chance on an underdog.
Check out this detailed DraftKings promo code page for more insights, including the bonus code you need to unlock the welcome offer.
Caesars Sportsbook's promos
Caesars Sportsbook has carved out a niche for itself in the sports betting arena, thanks to its robust platform and attractive promotions. I found that Caesars continually offers competitive NBA promos throughout the season. Whether it's a deposit bonus or bet credits, Caesars aims to ensure there is always an extra perk to enhance your NBA betting experience.
Check out this detailed Caesars promo code page for more insights.
BetRivers' NBA promos
My experience with BetRivers was refreshing, thanks to its diverse range of NBA promos. BetRivers understands that variety is key when it comes to promotions. Throughout the NBA season, I have seen them offer everything from profit boosts to parlay insurance, making sure there's a promo to match every type of bet. The promos page is updated frequently, so I recommend checking it regularly to take full advantage of its offers.
Check out this detailed BetRivers promo code page for more insights, including the bonus code you need to unlock the welcome offer.
FanDuel's NBA offers
FanDuel is a sportsbook that strikes a balance between a wide range of betting options and enticing promos. Its NBA offers are comprehensive, and it caters to different bettor preferences, making its platform one of my favorites for NBA betting. It has offered promotions such as bet bonuses, parlay insurance, and enhanced odds on particular games. This variety keeps the betting experience fresh and thrilling.
Check out this detailed FanDuel promo code page for more insights.
NBA betting resources
When it comes to NBA betting, resources can make all the difference between a winning and losing wager. As an experienced bettor, I've found Oddspedia to hold invaluable information when betting on the NBA. Here's why:
NBA betting guide
For newcomers and experienced bettors alike, the NBA betting guide on Oddspedia is a must-visit. This guide breaks down the basics of NBA betting, giving you an understanding of how to place your bets, different bet types, and even strategies to increase your chances of winning. It's straightforward, easy to understand, and covers a wide range of topics. In my experience, the insights provided in this guide have significantly improved my betting strategy.
Odds determine the potential return on your bet, and Oddspedia provides real-time NBA odds from various sportsbooks. This allows you to compare odds and secure the best possible return for your wager. Remember, even slight differences in odds can lead to substantial differences in potential winnings. So, before placing a bet, I always advise checking Oddspedia for the most competitive odds.
NBA picks and predictions
The NBA picks and predictions section on Oddspedia is a goldmine of expert insights. Here, you'll find professional picks and predictions for upcoming NBA games. These picks are backed by comprehensive analysis, helping you make informed decisions. I've personally found these picks to be a great addition to my own research, providing additional perspectives that have, on several occasions, led me to profitable bets.
Using these resources, you can stay ahead of the game in your NBA betting endeavors. Remember, informed betting is the first step toward successful betting.
NBA betting strategies
NBA betting is a blend of luck, knowledge, and strategic planning. To improve your odds of winning, here are a few strategies that I, as a seasoned bettor, have found quite helpful:
- Thorough research: The more information you have, the better your chances of placing successful bets. I cannot overemphasize the importance of researching past performance, team dynamics, and even the venue where the game will be played. Websites like Oddspedia can be very helpful for this kind of research.
- Player injuries: It's critical to stay informed about player injuries. Even the absence of a single key player can drastically alter the outcome of a game. Therefore, I always recommend checking player status updates before placing a bet.
- Coach records: Coaches can significantly impact a team's performance. Understanding a coach's strategies, strengths, and weaknesses can provide an edge in predicting game outcomes.
- Up-to-date stats and information: NBA games are dynamic, and so are the statistics surrounding them. Always base your bets on the latest stats and information, whether that be home/away record, against the spread record, defensive mismatches, etc.
- Betting flexibility: NBA games are unpredictable, and as a bettor, your strategies should be flexible. Adjust your bets based on the latest odds, player status, and other factors. In my betting history, this has led to some unexpected but welcomed wins.
Remember, no strategy guarantees a 100% success rate. However, with the right mix of research, insight, and flexibility, you can significantly increase your odds of making successful NBA bets.
States where you can bet legally on NBA
|Iowa Sports Betting||Yes||Yes|
|Montana Sportsbooks||On-Premises Only||Yes|
|New Hampshire Sportsbooks||Yes||Yes|
|New Jersey Sportsbooks||Yes||Yes|
|New Mexico Sportsbooks||No||Yes|
|New York Sportsbooks||Yes||Yes|
|Rhode Island Sportsbooks||Yes||Yes|
|West Virginia Sportsbooks||Yes||Yes|
|Washington, DC Sportsbooks||Yes||Yes|
NBA betting sites: Key information
|NBA Regular Season Dates||Oct 24 2023 - Apr 14 2024|
|NBA Finals 2024 Date||To be confirmed|
|NBA Finals 2024 Favorites||Denver Nuggets|
|NBA MVP Favorite||Nikola Jokic|
|NBA Official Site||https://www.nba.com/|