Connect with us
Home » Nba

NBA Betting – Comparing The Best NBA Betting Sites in Canada

Updated

on

The NBA has been at the forefront of the fight to legalize and regulate sports betting in Canada and the United States. Adam Silver’s 2014 op-ed in the New York Times titled, “Legalize and Regulate Sports Betting”, was instrumental in reshaping the perception surrounding sports betting. Since then, the commissioner has been a major proponent of instituting a regulatory framework for NBA betting. In Canada, single-game sports betting recently became legal, giving basketball fans access to some of the best NBA betting sites. 

To learn more about some of the best NBA betting sites in Canada, scroll down below.

The Safe and Regulated Sports Betting Act gives basketball fans the opportunity to profit from their sports knowledge like never before. Previously restricted to parlay betting and pool-buying schemes, basketball fans in Canada have an opportunity to profit from single-game betting, props betting, and futures betting for the first time.

Check out our list of the the top 10 NBA betting sites in Canada and how they set themselves apart from the competition

The Top 10 NBA Betting Sites In Canada

Want to cash in on the best NBA odds and start winning real money online?

Scroll down for a quick summary of the top 10 NBA betting sites in Canada and what they have to offer.

  • Bet365The Best NBA Betting Site In Canada
  • 10BetGreat New NBA Betting App For High-Stakes Betting
  • Shangri La LiveNew NBA Betting Site With The Best Bonuses
  • Bodog – The Best Site In Canada For Betting On NBA Props
  • BetVictor –  NBA Betting Site In Canada With Matched Free Bets
  • Casumo –  Great Bonus Offers And Excellent NBA Betting Lines
  • Betway –  NBA Betting Site With Free Bets For Parlay Betting
  • PowBet – NBA Betting Site In Canada With Sports Jackpot
  • Sports Interaction – The Most Trusted NBA Betting Site In Canada
  • FezBet – Competitive NBA Betting Site With Lots Of Bonuses

Ranking The Top Sites For NBA Betting In Canada

While Bill C-218 made it legal for Canadians to place single-game bets on sporting events, most provinces have yet to give the green light to operators to join the sports betting market. Ontario is one of the provinces leading the charge to bring some of the best new betting sites to Canada. With some of the world’s top sportsbooks expected to become available in the province before the end of 2021, Canadians are expected to have access to the best NBA sports betting odds and markets in the near future. 

Check out our list of the top sites for NBA betting in Canada and find out what they have to offer below.  

1. Bet365 – The Best NBA Betting Site In Canada

When it comes to NBA betting, Bet365 stands out among the rest of the competition. At Bet365, basketball fans can find a well-designed NBA betting page, equipped with team logos and easy-to-find game lines for every NBA game. 

New users can sign up to Bet365 in Canada and receive up to $200 in free bet credits. Members can use their bonus cash to take advantage of competitive NBA betting lines, along with a wide variety of NBA props betting and NBA futures betting options. Bet365 also offers essential features, including BetBuilder, early cash out offers, parlay bonuses, and more. 

An NBA Betting Example From Bet365

Bet365 Review –
The Best NBA Betting Site In Canada

Pros

Cons

✅ Great NBA betting lines, props, and futures markets ❌ Welcome bonus lags behind top competitors
✅ Industry-leading NBA betting site
✅ Excellent for NBA in-play betting 
✅ Exclusive NBA betting promotions
✅ Single-game parlays with BetBuilder

Welcome Bonus Offer:

Bet365 is giving away up to $200 in bet credits to new members.

To sign up for Bet365 and claim your free bonus cash, click below.

2. 10Bet – Great NBA Betting App For High-Stakes Betting

A great place for bettors of all experience levels to get started, 10Bet has a clean design, great betting odds, and an excellent loyalty rewards program. At 10Bet, new members can sign up to cash in on a welcome bonus offer worth up to $100. NBA fans can also get the VIP treatment at the Ten Club, which gives high-stakes players access to special perks and rewards, including exclusive offers, VIP tournaments, and a personal account manager. 

When betting on the NBA, 10Bet members can cash in on excellent NBA betting odds, including a wide variety of props betting and futures betting options. Members can also take advantage of must-have essential features, including bet builder, cash out, and edit bet options. 

NBA betting sites in Canada like 10Bet offer bonuses to new users.

10Bet Sportsbook Review –
Great NBA Betting App For High-Stakes Betting 

Pros

Cons

✅ Competitive NBA odds and a wide variety of NBA betting markets  ❌ Welcome bonus lags behind top sportsbooks
✅ Fast, user-friendly design on website and mobile app ❌ In-play betting experience could be improved
✅ Essential features like parlay bonuses
✅ Exclusive promotions for NBA betting  
✅ Exclusive perks for high rollers at The Ten Club

Welcome Bonus Offer:

At 10Bet, new users can sign up for a welcome bonus of up to $100 on their first deposit.

To join 10Bet and cash in on this welcome bonus offer, click below.

3. Shangri La Live – New NBA Betting Site In Canada With The Best Bonuses

Despite being new to the iGaming industry, Shangri La has all of the essential features of a great NBA betting site. In Canada, new users can register for an account and double their bankroll with a welcome bonus offer worth up to $500. Shangri La also offers daily prizes and weekly cashback offers, making it one of the best sites for NBA betting in Canada. 

When it comes to betting on the NBA, Shangri La members can cash in on great NBA betting odds and a wide variety of futures betting options. Shangri La Live also has essential features, like cash-out options, parlay bonuses, and the ability to live stream events. 

Shangri La Has One Of The Best Welcome Bonuses Available From New Betting Sites In Canada

Shangri La Live Review –
New NBA Betting Site In Canada With The Best Bonuses

Pros

Cons

✅  Great NBA betting odds and an impressive catalog futures markets  ❌ User experience could use some improvement
✅ Welcome bonus offer of up to $500 ❌ Fewer player props compared to other top sportsbooks
✅ Essential features like cash out, parlay bonuses, and more ❌ High rollover requirement for sportsbook welcome bonus 
✅ Top-notch NBA betting promotions
✅ Safe payment options, including cryptocurrency

Welcome Bonus Offer:

New members can sign up to Shangri La for a welcome bonus offer worth up to $500.

To sign up for Shangri La Live, click below.

4. Bodog – The Best  Site In Canada For Betting On NBA Props

One of the best sportsbooks for NBA betting in Canada, Bodog has excellent NBA betting odds, exclusive features, and an easy-to-use design. New members can sign up to Bodog to receive a welcome bonus offer worth up to $400, plus 50 free spins. 

When it comes to NBA betting, few sportsbooks can match what Bodog has to offer. Members at Bodog can cash in on excellent NBA betting lines, including a long list of props betting and futures betting options. They also have access to excellent features, including cash out, PropsBuilder, and #NameYourPlay, which lets members request odds for custom betting markets. 

NBA betting sites in Canada offer free spins and bonus cash

Bodog Sportsbook Review – 

The Best Site In Canada For Betting On NBA Props

Pros

Cons

✅ Great NBA betting odds for game lines, props, and futures markets  ❌ In-play betting experience is not as smooth as top competitors
✅ Trusted NBA betting site with great features and modern design ❌ No mobile app 
✅ Welcome bonus of up to $400 plus 50 free spins
✅ Make custom bets with #NameYourPlay and Props Builder options
✅ Safe payment options, including cryptocurrency

Welcome Bonus Offer:

Bodog offers new sports bettors a 100 percent deposit bonus of up to $400, plus 50 free spins.

To sign up to Bodog and claim your bonus offer, click below.

5. BetVictor – NBA Betting Site In Canada With Matched Free Bets

For Canadians looking for a sportsbook with no gimmicks and rollover requirements, BetVictor is a great place to start. At BetVictor, members can start winning real money online right away. New users can sign up to cash in on a 100 percent matched free bet worth up to $300 on their first bet, a bonus that includes no rollover requirements. 

BetVictor also has everything that basketball fans are looking for in a world-class sportsbook. With a fast website and mobile app, BetVictor delivers great NBA betting odds, essential features, and a wide variety of promotions, including accumulator bonuses, oods boosts, and more. 

BetVictor Welcome Bonus

BetVictor Sportsbook Review –
NBA Betting Site In Canada With Matched Free Bets

Pros

Cons

✅ Competitive odds with a wide variety of sports to bet on ❌ In-play betting experience could use some improvement
✅ Fast, responsive user interface on website & mobile app
✅ 100% matched free bet, up to $300
✅ Great promotions, odds boosts, and loyalty rewards program
✅ Simple, safe, and secure payment options 

 

Welcome Bonus Offer:

BetVictor is giving away a 100 percent matched free bet of up to $300 to new members on their first bet.

To claim this limited-time welcome bonus offer, click below.

Comparing The Best NBA Betting Sites In Canada

When it comes to betting on the NBA, some sportsbooks stand out above the competition. The best online gambling sites in Canada offer excellent NBA betting lines and NBA live betting options, including exclusive promotions for basketball games. Canadians can also benefit from exclusive features and bonuses, including BetBuilder, Cash Out, odds boosts, and special welcome bonus offers. 

Below, we’ll compare the different features available at the best sites for NBA betting in Canada.

Comparing Features At The Best Sites For NBA Betting In Canada

Bet Builder Cash Out In-Play Betting Parlay Bonus Odds Boosts Custom Bets Welcome Bonus

User-Friendly Design

10Bet

Bet365

BetWay

BetVictor

Bodog

Casumo

FezBet

PowBet

Shangri La Live

Sports Interaction

How To Choose The Best Sites For NBA Betting In Canada

As new online casinos join the sports betting market in Canada , finding the right sportsbook can be difficult, especially for basketball fans that are new to betting online. 

While some Canadians will be on the hunt for the best NBA betting lines, others might want to sign up for a sportsbook that offers special NBA betting promotions, including early cash outs, free bets, and more. 

Beyond getting the most value, basketball fans tend to stick with a sportsbook that they can trust, making brand recognition and customer service options important factors for most Canadians. Other features, like safety, security, and speed, also play a vital role in the online betting experience. 

For a complete breakdown of what to look for in the best sites for NBA betting in Canada, check out the table below. 

What To Look For In The Best Sites For NBA Betting In Canada

Brand Recognition

✅ Trustworthy

✅ Reliable

Payment Process

✅ Safe Payment Options

✅ Fast, Secure Payouts

Safety & Security

✅ Safety & Security

✅ Protecting Privacy & Personal Information

Speed & Design

✅ Fast Software

✅ User-Friendly Design

Customer Service

✅ 24/7 Live Chat

✅ Convenient Customer Service Options

Overall Value

✅ Best Odds

✅ Promotions Offers

✅ Special Features

NBA Betting Guide – How To Bet On The NBA 

With NBA betting odds for every game, fans have a chance to cash in on their basketball knowledge every night during the regular season and playoffs. When betting online, NBA fans can expect to find a wide variety of different betting markets, including game lines, game props, player props, and more. 

In addition to traditional NBA betting lines, Canadians will also be able to legally place long-term bets on the NBA futures market for the first time. At the best NBA betting sites, fans can find several different season-long betting options, including NBA playoff odds, NBA Finals odds, NBA Draft odds, NBA MVP odds, and more. 

To learn more about how to bet on the NBA, scroll down below. 

An Example of NBA Betting Lines from 10Bet

How Does NBA Betting Work?

Basketball is considered to be a point spread betting sport. 

When betting on the NBA, point spreads are used to compensate for the relative strength of each opponent and equalize the odds for betting on both sides of a match. To do so, a point spread generates a handicap for one team to win the game by a certain margin of victory. 

Along with NBA point spreads, bettors can also find NBA money line odds, NBA totals, NBA props, NBA player props, and more. 

NBA Betting In Canada

While most Canadians will want to bet on the Toronto Raptors, NBA fans can find odds for just about anything that they can think of online. 

In the NBA, the length of a typical regular season is 82 games, giving NBA fans 1,230 games and an endless number of betting markets to profit from over the course of the year. The postseason is also an action-packed time for NBA bettors, as the league also features a best-of-seven playoff series that adds excitement to all four rounds of the NBA Playoffs. 

With NBA Playoff odds, NBA Draft odds, and NBA season specials, betting never stops on the road to the NBA Finals. 

NBA Odds Markets In Canada 

When using the best NBA betting apps in Canada, fans can expect to find a wide variety of betting markets for every NBA contest. 

Basketball fans can bet on the final outcome of the match with point spread and money line betting options or wager on the total number of points scored in a particular game. In addition to game lines, NBA bettors can find a number of different game props, player props, and futures betting options for each game.

Below, we’ll break down the different NBA odds markets in Canada and give examples of how bettors can use them to their advantage. 

NBA Point Spread Betting In Canada

Since the relative strength of teams can vary greatly, the NBA is considered to be a point spread betting sport. 

A point spread evens out the odds and makes it profitable to bet on both sides of a matchup by setting a handicap for one team to win by a certain margin of victory. 

In point spread betting, the oddsmakers label the favourite in a match by using the minus sign (-) followed by the number of points that the team must win by for a bet to be settled as a winner. On the other hand, the plus sign (+) designates a team as the underdog for a particular match.

If a bettor selects the favorite (-), the team must win by more than the projected margin of victory for the bet to be settled as a winner. On the other hand, if the underdog (+) is selected, the team must win outright or lose by less than the projected point total for the bet to be settled as a winner. 

NBA Point Spread Betting Explained:

An Example of NBA Betting Lines at 10Bet

In the example above, we are using NBA betting lines from 10Bet, one of the best NBA betting sites in Canada for high-stakes betting. 

The Houston Rockets (1-14) will head on the road to Madison Square Garden for a matchup versus the New York Knicks (8-7). Houston (+11.5) finds itself as 11.5-point underdogs in this matchup while New York (-11.5) comes into the game favoured by 11.5-points. 

This means NBA fans that backed the NY Knicks would need them to win by 12 points or more for their bet to be settled as a winner. On the other hand, fans that selected the Rockets to cover the spread would need Houston to win the game outright or lose by 11 points or fewer to win their bet.

An Example of NBA Point Spread Betting at 10Bet

In the screenshot above, a  $100 wager on Houston to cover the spread would net bettors $91 in profit. Meanwhile, the same $100 wager on New York to cover the spread would return bettors $91 in profit. 

NBA Money Line Betting In Canada

Money line betting is the easiest way to bet on an NBA game. When betting on a team to win on the money line, NBA fans don’t have to worry about winning the game by a certain margin of victory. Instead, money line betting offers odds for both teams to win the game at a predetermined price. When predicting the outcome of a match, bettors can find hidden value by betting on NBA underdogs to win the game outright. 

NBA Money Line Betting Explained:

10Bet NBA Betting Lines NYK HOU

Let’s return to the Knicks-Rockets game to illustrate how money line bettors can find additional value when selecting underdogs to win the game outright. 

Using the same game lines from 10Bet, we’ll give an example of an NBA money line bet. At 1.13, the New York Knicks find themselves as heavy favourites to win the game at home. Meanwhile, 10Bet is offering substantially more value for backing Houston at 6.50 odds. 

An Example of NBA Money Line At 10Bet

While a $100 bet on New York to win would net NBA fans only $13 in profits, the bet slip above is an example of the profit potential of NBA money line betting. Risking $100 on the Rockets to win the contest would result in a total return of $650 and a total profit of $550.

NBA Totals Betting In Canada

Another way that NBA fans can identify value in a contest is by betting on the total number of points to be scored in a given contest.

During the course of an NBA season, there will be moments when fans don’t want to wager on the outcome of a match but instead will want to bet on whether a certain game will turn into a high or low-scoring affair. 

When betting on NBA totals, fans are only asked to predict whether both teams will combine to score over or under the total number of points projected by the oddsmakers. 

If the over is selected, the wager will be settled as a winner only if the two teams score more than the total number of points determined by the oddsmakers. On the other hand, if the under is selected, the bet will only be settled as a winner if the teams combine to score fewer than the projected point total. 

NBA Totals Betting Explained:

10Bet NBA Betting Lines NYK HOU

For this example, we’ll go back to the same Houston Rockets – New York Knicks game from earlier. 

At 10Bet, the total for this game is set at 210.5 points.

An Example of NBA Totals Betting at 10Bet

When selecting the over, NBA fans will need both teams to combine for 211 points or more to win their bet. On the other hand, under bettors will need the game to stay at or below 210 points for their bet to be settled as a winner.

Again in this case, there are equal odds for both sides. With 1.91 odds for both sides, bettors stand to profit $91 on a $100 wager, no matter which side they choose. 

NBA Game Props Betting In Canada

While game lines are still the most popular way to bet on the NBA, the props market has also started to mature in recent years. The best NBA betting sites in Canada offer a wide variety of game props, giving Canadians access to an expanded list of betting options for every game. Betting on game props lets NBA fans get more creative with their wagers, allowing them to narrow down their selections to more specific markets.

NBA Game Props Explained:

Betting on game props is one way that NBA fans can get more specific with their selections.

For example, if NBA fans believe one team has a decided advantage with their starters, then betting on the first quarter money line could be a worthwhile prediction. Travel and league schedules also play a role in how teams perform early in games, which makes the first quarter money line an attractive market for NBA props betting. 

Betting on NBA Game Props at Bet365

In this example, we will stay focused on the contest between the Houston Rockets and New York Knicks.

With the Rockets off to an awful 1-14 start, Houston comes into the game as heavy underdogs (6.50). Bet365 is offering Houston to win the first quarter at 3.10 odds and New York at 1.40.

NBA fans can use game props to cash in on bigger odds, increase their betting volume, and maximize their overall return on investment. 

NBA Player Props Betting In Canada

In the NBA, daily fantasy sports gave fans the opportunity to profit from their knowledge of individual players for the first time. With single-event betting now legal in Canada, basketball fans can use that same information to cash in on bigger odds in the NBA player props market. When betting on NBA player props, fans can select a player to score over or under a certain amount of points, make a certain number of 3-pointers, or record a double-double, among many other betting options. 

NBA Player Props Betting Explained:

The player props market has seen wider expansion and adoption in recent years. Nearly every online sportsbook offers a multitude of player props betting options for every NBA contest.

Betting on NBA Player Props At Bet365

In the example above, we’ll return to Bet365 to review some player props on the Rockets-Knicks game. 

The screenshot shows NBA betting odds for a player to record a double double in the game. As you can see, several players are priced with plus-money odds, offering additional value to NBA fans that can make the right selection. 

The bettor above selected RJ Barrett to record a double double, generating 16.50 odds and a whopping $1,650 return on a $100 wager.

NBA Futures Betting In Canada

For the first time, Canadians can legally profit from long-term bets in the NBA futures market. A futures bet is a speculative wager on an event that will take place in the near future. When it comes to NBA futures betting, fans can expect to find several different markets during the preseason, regular season, and NBA Playoffs. Bettors can predict the outright winner, conference winners, division winners, and more. NBA fans can also find season specials, including NBA Finals betting  odds, NBA MVP betting odds, NBA Draft betting odds and more.

NBA Futures Betting Explained:

To demonstrate the importance of shopping for odds in the futures market, we’ll use one of the NBA’s most surprising teams, the Chicago Bulls, in this case. 

NBA Futures Betting Odds At Bet365

At Bet365, the Chicago Bulls are a modest 29.00 odd to win the 2021-22 NBA Championship.

That means $100 bettors would bring home a healthy $2,800 in profits and a total return of $2,900.

NBA Betting Futures Betting Odds At Bodog

But if that same person were to shop for odds at Bodog, they would have received a 36.00 odd.

On a $100 wager, that would make a difference of $700, increasing profits by 25 percent. 

NBA Parlay Betting In Canada

For NBA fans with a higher tolerance for risk, parlay betting is a great way to boost their odds and increase their profits. A parlay bet is a powerful tool that combines two or more selections into one single bet to generate a bigger payout. 

When making a parlay bet, the odds of each selection are multiplied together, increasing the odds and potential return of a single wager. If any selection on the bet slip loses, the entire bet is settled as a loss.

Even prior to The Safe and Regulated Sports Betting Act, parlay betting was legal in Canada but the best new online sportsbooks have taken things to the next level by offering special parlay betting promotions. NBA fans can cash in on accumulator bonuses, enhanced odds, free bets, and parlay insurance, which gives bettors their money back if only one selection on the bet slip is settled as a loss.

NBA Parlay Betting Explained:

An Example of NBA Parlay Betting at Bet365

Parlay betting can help turn a small wager into a big return.

For this example, we’ll head to Bet365 to make a parlay bet on three NBA games.

The parlay bet above features a three-game parlay on the Houston Rockets +11.5, Washington Wizards +1.5, and Indiana Pacers -7.5 to generate an exciting 6.95 odds. Bet365 also offers an accumulator bonus for parlay betting, which adds a 10 percent bonus to the profits for a three-game parlay. 

If all three teams cover the spread, this parlay bet would bring in a total return of $755.37 on a $100 wager, including $59.57 from the parlay bonus. 

In that same scenario, a $100 bettor would earn $270 in profits while risking a total of $300 on three single-game bets. 

In this case, the parlay above would generate a healthy $655.37 in profits while risking only $100. 

Why Do NBA Point Spreads Move?

When Canadians log onto their favorite online sportsbook, they will notice that the odds for NBA games tend to move, even before the game has started. There are a couple of different factors that cause the NBA betting lines to move, but to understand why line movements happen, it is important to learn how the NBA lines are set.

How Are NBA Point Spreads Set?

While the sportsbooks use point spreads and set odds to even out the betting handle on both sides of a particular contest, the oddsmakers also try to anticipate how sports fans will react. As a result, the NBA betting lines are often set with the public in mind and certain teams end up being overvalued or undervalued over the course of the season.

Why Do NBA Point Spreads Change?

After the NBA odds and NBA betting lines have been released, they can begin to change for a number of different reasons. NBA point spreads and odds can start to move based on the total number of bets on a match, the total amount of money wagered on each side, and the total amount of risk that an oddsmaker is willing to take on a particular game. 

NBA betting odds can also change when new information is released. When there are late lineup changes or an injury to a key player is announced, it is not uncommon for the sportsbooks to temporarily remove the odds from the market and change them to a more reasonable number. 

Why Do NBA Point Spreads Move?

📊 Total number of bets on a match 

💰 Total amount of money wagered on each side

🎲 Total amount of risk that an oddsmaker is willing to take on for a particular game

🚷 Key injury news

🎽 Last-minute lineup changes

📰 New information is released

How To Get The Best NBA Betting Odds

While the NBA betting lines are generally very sharp, there are still some discrepancies between the different sportsbooks. In order to cash in on the best odds, fans that are serious about earning a profit should consider signing up for an account with more than one sportsbook to shop for the best price.

Shopping for the best odds is simple. Once members have an account with more than one sportsbook, they can simply compare the odds and point spreads for the markets that they want to bet on. Then, place the wager with the sportsbook that is offering the best odds, features, or bonuses for that particular selection.

For a quick rundown of how to get the best NBA betting odds and promotions, check the chart below. 

How To Get The Best NBA Betting Odds

🎰 Sign up to more than one sportsbook

💰 Cash in on welcome bonus offers

🎲 Shop for the best NBA betting odds

🏀 Cash in on BetBuilder options and early cash out offers

📈 Profit from free bets, odds boosts, and other NBA betting bonuses

NBA Betting Picks

Betting on NBA games can be difficult, so it’s not unusual for basketball fans to seek some assistance when making their selections. 

There are several websites and sports betting touts that promise to earn bettors a profit in certain sports.  No matter if someone is selling picks independently or as part of a larger organization, it’s best to take these claims with a grain of salt.

Before paying for NBA betting picks or blindly backing someone else’s selection, consider this. 

NBA Betting Advice

Like in other sports, there is no such thing as a “lock” in an NBA game. So, when a sharp bettor has an edge, it is usually just a small efficiency that will only produce a substantial profit when employed over a long period of time. 

When a bettor sells their picks or system, they allow others to tail the same selection. As more people bet on one side of the match, the oddsmakers adjust and the perceived edge disappears as a result. 

Becoming a profitable NBA bettor is extremely difficult and the few professionals that do have a real, long-term edge have more to gain by actually betting on the games than selling their NBA betting picks.

With that being said, seeking out analysis and picks can add anticipation and entertainment value to the NBA betting experience. Many websites offer free picks, in-depth analysis, and NBA betting advice that can help fans take decisive action or identify value in a particular contest. 

NBA Betting Tips

NBA points spreads are the most common way to bet on the game but there are more rewarding markets that basketball fans can profit from. 

Picking underdogs to win on the money line can offer more value for fans that are betting on the NBA. As a rule of thumb, home dogs tend to win more than road dogs. Basketball bettors can also cash in on bigger odds and payouts in the player props and futures market.

There are other ways that profitable bettors try to maximize their edge and use NBA betting statistics to their advantage. NBA fans can spot inefficiencies in the market by keeping track of injuries, targeting teams on streaks, and betting on teams with wide home/road splits.

Professional sports bettors also tend to look for spots for regression and target teams that are playing within their division, where opponents are more familiar with one another and there is more historical data to analyze. 

To help basketball fans come through in the clutch, we created a quick list of tips for betting on the NBA. 

NBA Betting Tips 

🐶 Bet on underdogs to win on the money line

💰 Cash in on player props and futures odds

🚷 Keep track of injuries

📈 Target teams on streaks

🏀 Bet on teams with wide home/road splits

📉 Look for spots for regression

📊 Target matchups with larger sample sizes

Bankroll Management Tips For NBA Betting

Every NBA bettor tries to make profitable selections but few manage their bankroll with enough discipline to profit over the long run. When betting on NBA games, basketball fans should always remember to only risk what they can afford to lose.

In sports betting, the term “unit” is used to denote the dollar value of a standard wager. Since every bettor has a different bankroll, units are often used instead of dollar amounts when discussing NBA bets. The value of a unit can be different for every bettor, depending on their total bankroll, tolerance for risk, and more.

In order to reduce their overall risk and add some stability to their account balance, bettors are encouraged to remain disciplined with the amounts of their bets. Most professional NBA bettors would advise basketball fans to restrict their standard betting unit to around one percent and no more than five percent of their total bankroll.

Depending on their confidence level, bettors can decide to wager more or less than one unit on a single bet. Bettors can adjust the size and volume of their bets to maximize their edge and overall returns. 

For a quick summary of our bankroll management tips, check out the chart below,

NBA Betting –
Bankroll Management Tips 

💸 Only risk what you can afford to lose

💰 Think of bets in terms of units

📊 Set units to between 1% and 5% of total bankroll

📈 Adjust unit size and volume based on confidence level

🏀 Remain disciplined to avoid too many highs and lows

NBA Betting Trends

The NBA is one of the most popular sports leagues to bet on in the world. As a result, NBA lines are set very sharp and it’s very tough to beat the oddsmakers on a regular basis.

When betting on NBA games, there is no technique or NBA betting system that has a 100 percent success rate but there are certain trends that have helped NBA fans earn a lot of money over time. 

Sharp bettors use NBA betting trends to identify value and spots for regression, which can help them increase their win rate and maximize their overall return on investment. During every NBA season, the sportsbooks also tend to overvalue and undervalue certain teams and players, creating opportunities that NBA fans can capitalize on.

Below, we’ll use a few real-life examples of how basketball fans can use trends to their advantage while betting on NBA games.

NBA Betting Trends Explained:

NBA Betting Trends Explained

While the sample size is still small, point spread bettors have found some value by backing the Miami Heat and Boston Celtics so far this season. 

Despite sporting a losing 7-8 overall record, Boston has been the fourth-most profitable team to bet on against the spread. The Celtics own a 9-6-0 record against the spread, bringing in prospective bettors nearly more than two units of profit already this year. 

Meanwhile, the Heat have covered the spread in 12 of their first 16 games, bringing in nearly seven units of profit for prospective point spread bettors already this season.

NBA In-Play Betting

Basketball is a game of runs and momentum swings, which makes in-play betting one of the most profitable ways to wager on an NBA game. 

While most betting sites offer live betting options, the in-play betting experience is different at every sportsbook. The best oddsmakers offer NBA live betting odds for game lines, game props, player props, and more. 

When live betting on the NBA, fans will notice that the odds are moving on every possession, giving sharp bettors a chance to spot inefficiencies and capitalize on them during the course of a contest.

In the NBA, every matchup follows a certain game flow, which helps fans predict what will happen next. Whether betting on instinct or the use of advanced statistics, fans can feel the momentum swing from one play to the next and use those swings to help them cash in bigger odds and profits.

In-play betting gives NBA fans the chance to take advantage of in-game events and information to reduce their risk and increase their overall returns.

NBA Public Betting

When it comes to betting on the NBA, the oddsmakers are tough to beat, so fans need to use all of the information at their disposal to make their selections. Not only do sharp bettors need to research vital game information but they also need to know which sides are drawing the most betting action from the public. Bettors can use this information to bet with the public or against the public in certain scenarios. 

To learn more about how NBA fans can use the NBA betting consensus and NBA betting percentages to their advantage, check out the example below. 

NBA Public Betting Explained:

NBA Betting - NBA Public Betting Percentages

According to the screenshot above, approximately 79 percent of the public will be betting on the Los Angeles Clippers to cover the spread versus the New Orleans Pelicans. On the other hand, only 21 percent of bettors will be backing the Pelicans to cover the spread at home in this spot, which could represent an opportunity for sharp bettors to bet against the public.

This information can also present a more complete picture of why the NBA odds or NBA point spreads might be moving in a particular matchup, especially when the public action heavily favours one side over another. 

NBA Betting Strategy

While there are several different NBA betting strategies that fans can use to earn a profit, some tactics tend to work better than others. Read on below to uncover some simple betting strategies that sports fans can use to earn a profit while betting on NBA games.

Claim Multiple Welcome Bonus Offers

Signing up to multiple sportsbooks is one of the easiest ways to earn more cash when betting online. Instead of depositing their entire bankroll into one sports betting account, sharp bettors can capitalize on exclusive bonuses and features by funding multiple accounts with more than one sportsbook. When starting out, Canadians can spread out their bankroll and instantly double their deposits by claiming the maximum welcome bonus at participating sportsbooks. 

Cash In On Special Features And Bonuses

In addition to free bonus cash, signing up for more than one sportsbook also gives NBA fans access to other perks and rewards. Bettors with an account at more than one sportsbook can shop for the best NBA betting odds, take advantage of must-have features, and profit from exclusive bonuses. Every sportsbook offers exclusive features and bonuses to attract bettors and generate a bigger betting handle on certain matchups. NBA fans can take advantage of early cash out offers, free bets, parlay bonuses and more. 

Capitalize On Bigger Odds With Players Props And Futures Bets

While point spread betting is the most common way to wager on an NBA game, fans can find added value by taking underdogs to win on the money line. Sharp bettors can boost their profits by cashing in on more lucrative odds in the player props and futures market as well.

Bet Against The Public

Fans can also use the NBA public betting percentages to their advantage by spotting matchups during the season where the public is heavily favouring one side. Since sportsbooks often aim to generate relatively equal betting action on both sides of a match, finding games where the public is betting heavily on one side may be an early indication that there could be some added value on the contest. 

Search For Spots For Regression

Another easy-to-use NBA betting tactic that can help fans earn a profit is to search for spots for regression during the course of the season. In the NBA, teams ride several highs and lows during an 82-game campaign, making some matchups easier to predict. Targeting teams on large winning and losing streaks is one way that bettors can use regression to their advantage when betting on NBA games.

Check out the chart below for a quick breakdown of how to earn a profit while betting on NBA games in Canada.

How To Earn A Profit While Betting On The NBA In Canada

💰 Claim multiple welcome bonus offers

🎲 Shop for the best NBA betting odds 

🏀 Capitalize on NBA game props and player props

🏆 Cash in on NBA specials and futures bets

🐶 Bet on underdogs to win on the money line

💸 Place parlay bets and boost profits with accumulator bonuses

⛹ Bet against the public 

📈 Search for spots for regression

NBA Betting Bonuses

Getting free bonus cash is one of the main advantages of signing up for an online betting account. Most online sportsbooks welcome new members with special promotions that help them boost their bankroll and have more fun betting online.

When registering for an account, new Canadian members can take advantage of a 100 percent matched deposit bonus, worth up to a certain amount of money. In Canada, NBA sports betting bonuses can be worth up to $500 for new users. 

However, every bonus offer comes with different terms and conditions, including unique rollover requirements that can make it hard for new members to compare bonus offers. 

For a quick comparison of the welcome bonuses and rollover requirements offered by the best online casinos in Canada, check out the chart below. 

Comparing Welcome Bonuses And Rollover Requirements At The Best NBA Betting Sites In Canada

Brand  Sportsbook Welcome Bonus

Sportsbook Bonus Rollover Requirement

10Bet

100% Deposit Bonus, Up To $100 5x Deposit + Bonus
Bet365 100% Deposit Bonus, Up To $200 In Free Bet Credits

1x Deposit

BetWay

100% Deposit Bonus, Up To $200 10x Deposit
BetVictor 100% Matched Free Bet, Up To $300

None

Bodog

100% Deposit Bonus, Up To $400, Plus 50 Free Spins 5x Deposit + Bonus
Casumo Sports 100% Deposit Bonus, Up To $500

8x Deposit + Bonus

FezBet

100% Deposit Bonus, Up To $150 1x Deposit
PowBet 100% Deposit Bonus, Up To $150

1x Deposit

Shangri La Live

100% Deposit Bonus, Up To $500 7x Deposit + Bonus
Sports Interaction 100% Deposit Bonus, Up To $200

1x Deposit

What Is The Best NBA Betting Site In Canada?

When the final buzzer sounds, the best NBA betting site in Canada for individual users comes down to personal preference.

Getting great odds and promotional offers can help basketball fans maximize their bankroll and have more fun betting online. Single-game basketball bettors might prefer a site with competitive NBA odds, free bets, and an early payout option. On the other hand, parlay bettors might choose to bet with a sportsbook that offers odds boosts, accumulator bonuses, and parlay insurance. 

For basketball fans that want a shot at earning a profit, Bodog is a great place to start. With excellent NBA odds, a wide variety of basketball betting markets, and a welcome bonus offer that combines free cash with free spins, Bodog has something to offer for basketball fans of all experience levels

Click below to sign up to Bodog and cash in on a 100 percent deposit bonus worth up to $400, plus 50 free spins.

FAQ

Can you bet on NBA in Canada?

Can I bet on DraftKings in Canada?

Is daily fantasy sports legal in Canada?

What is the best gambling site in Canada?

 

Shortly after graduating with an Honors in Business Administration, Nick turned his attention from traditional stocks and bonds to investing in the performance of sports teams. He uses a combination of advanced stats and historical data to create sports investment models to identify value and generate consistent profits. Nick has also contributed to Pistons Powered, SafeBettingSites, Winners And Whiners, and more.