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US Gambling Sites / NBA Betting US 2024

NBA Betting Sites: How To Bet on the NBA

Last Updated on 11/03/2024
Fact checked by: Drew the DFS Guy

The NBA is one of the most popular and competitive sports leagues in the world. This sport is televised the world over and the game’s biggest stars are household names. With The league is comprising of 30 team with each team playing 82 regular season games each season, with 41 played at home and 41 played away (on the road). These busy schedules of games present punters with ample betting opportunities coupled excitement that comes with the buzzer sound.

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Compare the best practises for NBA betting in 2024

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At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
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Caesars
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Important Facts to know about NBA Betting

  • The NBA has similar betting techniques to American Football betting
  • There are three major betting strategy in NBA betting
  • Presents Punters with numerous betting opportunities
  • You can control your risk exposure in NBA betting

NBA been a popular game of wide choice, goes hand and hand with gambling. On each and every game there are a huge variety of bets available. In this article we are going to give an explanation of all the bet types you’ll be able to place to make cool cash on your wagers. Below are discussed in details the various betting types. If you’ve read our article on Football betting, you will see they bear similarities.

Money line NBA betting

The Money Line) is also commonly used betting technique in NBA betting because it is simple and straightforward - it is essentially betting on who will win the game. A moneyline wager is one that is placed on either the favorite or the underdog to win straight up. The main focus is who wins the game. To win a money line bet, your team must win the game. It doesn’t matter how many points they win the game by. They can win by 1 point or by 50 points. A win is a win and you take home the money. However, there is a condition! If are betting favorites, you will need to wager a large amount, to win a small amount. If you are betting the underdog, you can bet a small amount, to win a large amount as well.

Look at these money line odds for Boston Celtics vs. Indiana Pacers

Boston Celtics:   1.364                 

Indiana Pacers:   3.440

 Boston Celtics are considered favorites to beat the underdogs which are Pacers -. If you bet $10 on Celtics, you would get a payout of $13.65 – plus your $10 wager. Your gain is $3.65. However, if the Pacers had won, you would have lost your stake with nothing in returns.

If the Pacers win, your return would be $34.42 plus your initial $10 stake making you earnings of $24.42.

Another example is given below between the Golden State Warriors and the Miami Heat

Warriors        -500
Heat               +300

If you back the warriors you’d have to wager $500 to make a profit of $100. Backing the Miami Heat here, for $100 you would make a profit of $300. As you can see, the odds are much worse on the warriors here without the spread, but much better on the Miami Heat because they are the underdog.

Handicap NBA betting

NBA teams have variations in strength, experience and skill, so in order to level the playing field in abilities, sports bookies offer a point handicap or point spread - this is sometimes called “covering the spread”.  The negative sign (–) or positive (+) sign attached to the number shows which team is the favorite or underdog.
Handicap betting is instrumental in betting favorites against underdogs. Let’s look at an example to illustrate this:

Golden State Warriors:   (-8.0) 1.862
Indiana Pacers:   (+8.0) 2.050

 If the game ended in GSW’s favor (110– 104), you will lose your handicap bet on GSW. This is as a result of the -8.0pts handicap they started with, and therefore we have to deduct 8.0 from their final score. This returns the score to 102 – 104 with the pacers winning the game as it were.

If the GSW won 106-96, the handicap effect will make the score to be 98-96, and  GSW still remain winners.

Totals NBA betting

Totals NBA betting is all about how many combined points will be scored by both teams during the game. Bookmakers offer an option to bet on whether or not the total points will be either over or under the totals mark. This is why this form of betting is often called the Over/under. The concept of betting on totals, or Over/Under is very simple. The bettor wagers on whether the TOTAL points scored in a NBA game will fall over or under a pre-determined number set by the sportsbook. Let’s see an example:

Look at the totals odds for the Utah Jazz vs. Cleveland Cavaliers below:

 Over 211.5:   1.995
Under 211.5:   2.210

 A $10 wager on the totals to be over 210.5 points, and a final score was 117-99 (an aggregate total of 216 points), $19.95 ($9.95 profit) will be made on the bet. A bet on total score as under 210.5 with the odds of 2.210 would result in losing the bet.

Parlay

In NBA betting, you can make combination bets also known as Parlays to boost your earnings. For your parlay to hit, or win, ALL of the bets must be Spot-on. You can include different betting lines in your parlay selections to make the payout bigger.

NBA Futures and Outrights Betting

Futures bets are bets placed on future events in the NBA season. Most times, they are placed long before the start of the season or just before the start of the season, a wager or bet on a future eventuality. An example is a wager placed on who will be NBA champions.  Futures bets can also be wagered on individuals as well. You could wager on who will be the season NBA MVP.

One other major way to bet on the NBA is by betting on what is known as the futures and outright markets. In essence, this type of bet determines who wins any on the following:

  • Western Conference
  • Division
  • NBA Championship
  • Eastern Conference
  • Most Valuable Player in NBA

Every Outright and future NBA markets works in the same way. You typically have to bet on which team or which certain player is going to eventually win the championship, conference, division or award. Your bet wins if they do.

NBA Betting Odds

NBA odds are displayed in three popular formats. These are:

  • Decimal odds

Decimal Odds are just a view of the amount of return you can expect on each single unit of bet placed.

For instance, if the Matchbook is placing a odd of 1.75 for Team Lakers to win, the implication of this is that for every 1.00 you wager on the bet outcome, you stand a chance profit to the margin of 0.75 if Team Lakers eventually wins the game.  

  • Moneyline odds

Moneyline odds, also reffered to as 'American odds' are likely the most unusual odds format for folks outside of the North America. The two instances are: 'minus' moneylines and 'plus' moneylines.

There are two instances of Moneyline odds: 'minus' moneylines and 'plus' moneylines.

The 'minus' moneylines is typically reflection in this format: -120.What is the actual implication fo this? What this means is that if the sportsbook is placing a odd of -120 for the LA team to win a game, then you stand a chance to win a profit of $100 if you wager a stake of $120. 

The second instance is usually reflected for example as, +180. In this case, if the sportsbook has offered the LA team to win a game on a odd of +180, then you stand a chance to win a profit of $180 if you wager a stake of $100.

Many of you reading this article will be familiar with Moneyline (American) odds. As with any sports, understanding betting odds is crucial to profitable NBA betting. If you do not understand how betting odds are calculated and the probabilities they express, you're going to have a difficult time being a successful NBA punter

Which bookmakers offer the Best NBA Betting Experience?

For expert NBA betting odds and sports betting service, live odds changes from the major sports bookmarkers, find out which sport bookies offer the best odds at our sports betting comparison page for profitable bets. The information on our sports betting comparison page is researched critically to help you make the best choices and to ensure you profit maximally from NBA betting. Thus, it is important to use this service to have an eye-opener and edge over NBA betting odds. Our sports betting comparison page now offer a variety of NBA betting odds

Fanduel: Range of NBA Promos and Prizes

fanduel-basketball
Pros & Cons
  • Promotional offers specific to NBA events
  • Real-time bets
  • Official NBA partner
  • Some users have reported slow customer service

Fanduel is a trusted platform with an official partnership with the NBA - as well as the NFL, MLB and NHL.

Current NBA promos include the 'Piggy Bank Shot' where you can bet $0.05 and have a chance to play for a share of thousands of cash prizes. 'Shot' is Fanduel's biggest NBA contest offering big cash prizes, and, there is also the Bonus Prize Pool, where each night entrants choose three NBA Finals players, with the chance to win a share of the nightly $3000 bonus pool. You're also entered into a prize draw with the potential to win a chance of a trip to an NBA game as well as official autographed merch.

There's live betting updates available on the app with real-time updates allowing fans to place bets as the game plays out - as well as a sleek interface online.

Caesars: Diverse NBA Betting Options

caesars basketball
Pros & Cons
  • New users can claim up to $1000 back if first wager ends in a loss
  • Micro betting options
  • Official NBA partner
  • Desktop interface can be slow to load

NBA partner Caesars' current promo for new users includes up to $1000 back as a bonus bet if you lose your first wager; you can find full T&Cs on their website. You can enjoy a range of betting options, including traditional wagers and unique prop bets.

The platform's Sportsbook also offers micro betting, which allows basketball fans to wager on the next bucket in the game. Currently, the platform's offering an enticing range of more than 40 boosts, as well as first-scorer odds.

With its wide-reaching presence across multiple states, Caesars offers an extensive selection of basketball markets, from regular-season games to playoff matchups.

DraftKings: New User Offers

draftkings-basketball-promo
Pros & Cons
  • Specific NBA player prop betting page
  • Early cash-out option
  • User-friendly design
  • Only available in select states

DraftKings has a great range of NBA bonuses.

Current promos for newcomers is the no sweat first bet - if your first wager loses, the platform offers a $1000 bonus to be used on future bets. New users can also claim a $150 bonus for a $5 wager on any NBA game.

The app is also currently giving customers access to NBA League Pass, so you can stream every game. Keep an eye on their website as the season begins for featured NBA contests, daily NBA challenges and Daily Fantasy Sports (DFS).

Aside from betting options, DraftKing also presents customers with their official NBA apparel line.

BetMGM: Take your shot

BetMGM Mobile
Pros & Cons
  • Look out for Parlay Boost tokens specific to NBA games
  • $150 welcome bonus
  • $100 refer a friend scheme

BetMGM provides NBA bettors with a diverse betting experience, featuring competitive odds as well as parlays, live odds and championship odds. Sign up for a new account with a $5 bet and receive a $150 welcome bonus. One promo available to both new and existing customers is the Parlay Boost Token, which increases the potential payout of the parlay bet with no increase in risk. Many are sport- and event- specific, so are great for basketball aficionados.

Often, BetMGM will apply a Parlay Boost to your account simply as a gesture of goodwill for being a customer; or, you can obtain one by looking out for sports promotions and taking part - for example, placing a futures bet. College basketball fans can also get a 33% boost: look for College Basketball Odds Boost Token in the Promotions tab of your account.

The platform also has a refer a friend scheme where you both receive $100 bonus once your friend meets wagering requirements.

Fancy something a little different? Visit BetMGM's Gold Casino and you'll find the NBA Gold slots game.

Betrivers: One of the US's favorites

Pros & Cons
Pros & Cons
  • Loyalty rewards
  • $500 second-chance bet for new customers
  • Competitive odds
  • Only available in select states

Betrivers is one of the biggest sportsbooks in the country, and one of the US's favorites. It's currently offering new customers a second-chance bet for up to $500 - but be aware that this figure may vary by state. To be eligible, your opening wager must lose.

The platform may also offer NBA parlay insurance, so check the site for current promotions. Parlay insurance means you get a bonus if your NBA parlay doesn't come through. You'll need to play a parlay on the NBA with four or more legs and 100+ final odds minimum. If you lose, you'll get your stake back in bonus bets up to a certain amount, which can vary.

Top features at Betrivers include it's impressive platform, regular odds boosts on web and in the app, plenty of loyalty rewards and live chat customer support.

Conclusion: Best Practices for Profitable NBA Betting

The NBA offers punters a rich market to bet on. With so many games to choose from in schedule packed league, and many bets to wager on, finding a successful wager every week during the season can be tough. However, if you make use of our NBA predictions, you'll find it suddenly becomes straightforward to find a great wager every day of the week. Successful NBA punters choose to focus on one or two betting strategy ranging from point spread, moneyline, futures or prop bets of a mix combination of two you know so well as parlays. Remember, don’t be a jack of all trade and master of none. The secret to a successful betting career is focusing and specializing on a strategy you can master.

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