NBA Betting Sites – Comparing The Best NBA Sportsbooks in Canada

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Updated 2 days ago on

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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. 

In This Guide

Best NBA Betting Sites in Canada

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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 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.

  1. Bodog The Best Site In Canada For Betting On NBA Props
  2. PowBet – NBA Betting Site In Canada With Sports Jackpot
  3. Sports Interaction – The Most Trusted NBA Betting Site In Canada
  4. FezBet – Competitive NBA Betting Site With Lots Of Bonuses
  5. Power Play – Excellent Odds & Live Betting Arena

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 2022, 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. 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.

 

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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

Bodog

FezBet

PowBet

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

Comparing Payment Methods At The Best NBA Betting Sites In Canada

For new users, processing payments online can be a very stressful process. Luckily, the best online sportsbooks make it safe and simple to deposit and withdraw cash to and from your sports betting account. 

When it comes to online betting, NBA sportsbooks offer a wide variety of secure payment options, including credit card, debit card, Interac e-Transfer, and more. Members can also process payments instantly using Bitcoin and other cryptocurrency deposit methods. 

For a complete breakdown of the different payment methods available at NBA sportsbooks in Canada, check out the chart below. 

Comparing Payment Methods At The Best NBA Betting Sites In Canada

Visa Mastercard Apple Pay InstaDebit Pay Safe Card Interac e-Transfer Bitcoin

Wire Transfer

Bodog

FezBet

PowBet

Sports Interaction

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. 

How To Make An NBA Bet

The best online sportsbooks make it easy to bet on NBA games. Members can take advantage of pre-game NBA odds, live NBA betting, and more with the click of a button.

Below, we’ll break down how to place a bet at Bodog, one of the best NBA betting sites in Canada. 

Step 1: Log In To Your Account

In order to bet on NBA games at Bodog, users will need to have a Bodog account. For this example, we will be using the website to place our NBA bet. 

To get started, visit Bodog and register or log into your sports betting account. Once you’ve logged into your Bodog account, prepare to move on to the next step. 

Step 2: Navigate To The NBA Odds Page

To find NBA odds at Bodog, basketball fans will need to navigate to the NBA betting odds page. Once the Bodog sportsbook has loaded, click “Basketball” and then select “Game Lines” under the “NBA” section. 

Step 3: Make Your Selection(s)

After navigating to the NBA odds page, basketball fans are ready to make their selections. Simply click on the odds for each selection to add it to the bet slip.

Step 4: Enter Wager Amount

Now, it’s time to make an NBA bet. 

Enter the amount of the wager into the bet slip. Once the bet amount has been entered, Bodog will automatically calculate the payout and total return of the bet.

Step 5: Submit Your Bet

Once members have ensured that all of the information on the bet slip is correct, they can submit their wager by clicking the “Place Bet” button on their bet slip. 

After the bet has been placed, members will get confirmation that their bet has been successfully submitted. At Bodog, all bets can be found under “My Bets”.

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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 Futures 

Futures have become one of the most popular NBA bets at the online sportsbooks. The best NBA sportsbooks offer several different long-term betting options, including NBA Championship odds, NBA MVP odds, and more.

With the NBA season approaching the NBA All-Star Break, there is still plenty of time to capitalize on NBA odds from the top online sportsbooks. Basketball fans can find NBA odds in the futures market during the preseason, regular season, playoffs, and the offseason. 

Below, we’ll navigate the futures market to compare NBA odds at the top five betting sites on our list.

NBA Championship Odds

Most basketball fans that want to place an NBA bet on the futures market will be looking for NBA Championship odds. 

Basketball fans don’t have to wait until the NBA Finals to place a bet on the NBA Championship. In fact, the best NBA sportsbooks offer NBA Championship odds throughout the offseason, preseason, regular season, and NBA Playoffs. 

Below, we’ll take a look at the NBA Championship odds from some of the top NBA sportsbooks in Canada.

2021-22 NBA Championship Odds*

Bodog
BKN Nets 3.60
GSW Warriors 5.50
MIL Bucks 8.00
PHO Suns 8.50
UTA Jazz 13.00
LA Lakers 13.00
MIA Heat 15.00
CHI Bulls 19.00
LA Clippers 26.00
PHI 76ers 26.00

*NBA Championship odds as of 1/11/2022

NBA Conference Winners 

In addition to NBA Championship odds, the best sportsbooks offer odds for the conference winners as well. Instead of betting on the NBA Championship, basketball fans can narrow down the field and select the winner of the Eastern Conference or Western Conference instead.

NBA Eastern Conference Odds

Below, we’ll take a look at the NBA odds for the Eastern Conference winner from each of our top five sportsbooks. 

2021-22 NBA Eastern Conference Odds*

Bodog
BKN Nets 2.30

MIL Bucks

4.00
MIA Heat 7.00

PHI 76ers

11.00
CHI Bulls 12.00

*NBA odds as of 1/11/2022

NBA Western Conference Odds

While the Nets find themselves as the favourites to win the Eastern Conference, Golden State has emerged as the odds-on favourite in the West. 

To compare NBA odds for the Western Conference winner from each of our top five sportsbooks, check out the chart below. 

2021-22 NBA Western Conference Odds

Bodog
GSW Warriors 3.20

PHX Suns

4.30
UTA Jazz 5.00

L.A. Lakers

8.00
L.A. Clippers 13.00

*NBA odds as of 1/11/2022

NBA MVP Odds

While most sportsbooks will offer NBA Championship odds, the best NBA betting sites will also offer NBA MVP odds, season specials, and more. 

The NBA MVP odds often represent an early indicator of who might be leading the NBA MVP race, making them of particular interest to both bettors and casual fans. As a result, NBA MVP betting has emerged as one of the most popular futures markets in the sport. 

Basketball fans can wager on the NBA MVP before the season begins or wait to see how players are performing by placing bets during the regular season. 

Below, we’ll take a look at the 2022 NBA MVP odds from some of the top NBA sportsbooks in Canada.

2021-22 NBA MVP Odds*

Bodog

Stephen Curry

2.30
Kevin Durant 3.25

Giannis Antetokounmpo

6.00
Nikola Jokic 13.00

DeMar DeRozan

26.00
LeBron James 26.00

Joel Embiid

34.00
Ja Morant 41.00

Luka Doncic

61.00
Devin Booker 67.00

*NBA MVP odds as of 1/11/2022

NBA Rookie of the Year Odds

In addition to NBA MVP betting, the best sportsbooks offer NBA odds for Rookie of the Year, Coach of the Year, and other major awards. 

For a complete breakdown of the 2022 NBA Rookie of the Year odds from the top NBA sportsbooks, check out the chart below.

2021-22 NBA Rookie Of The Year Odds*

Bodog

Evan Mobley

1.833
Scottie Barnes 3.75

Cade Cunningham

5.50
Franz Wagner 10.00

Josh Giddey

16.00
Jalen Green 31.00

Chris Duarte

36.00
Alperen Sengun 101.00

Davion Mitchell

101.00
Jalen Suggs 151.00

*NBA odds as of 1/11/2022

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:

In this example, we are using NBA betting lines from Bodog, 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.

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:

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 Bodog, 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, Bodog is offering substantially more value for backing Houston at 6.50 odds. 

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:

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

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

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. 

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). Bodog 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.

In the example above, we’ll return to Bodog 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. 

At Bodog, 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:

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

For this example, we’ll head to Bodog 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. Bodog 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. 

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NBA Live Betting

While many basketball fans opt to place their bets before the start of the game, there are plenty of betting opportunities to capitalize while the game is in play.

Bettors can take advantage of live NBA odds that change from possession to possession, giving them a chance to cash in on bigger odds, predict comebacks, and more. 

NBA Live Betting Explained:

As the NBA betting odds begin to fluctuate, sharp bettors can capitalize on a wide variety of different markets, including point spread bets, money line bets, player props bets, and more.

To make a bet, simply head to the live betting or in-play betting section of your favourite sportsbooks. There, you will find all of the current NBA games that are currently being played.

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

Bodog

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

FezBet

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

1x Deposit

Sports Interaction 100% Deposit Bonus, Up To $200

1x Deposit

NBA Betting Apps

While online betting continues to grow in popularity, most NBA fans have already moved to mobile betting apps for added convenience, speed, and utility. 

NBA betting apps give members access to pre-game odds, live betting, and more right from their smartphone or mobile device. This allows sharp bettors to get the best NBA odds, cash out bets, and never miss out on any of the action.

Below, we’ll break down some of the best NBA betting apps for iPhone and Android devices.

NBA Betting Apps for iPhone

While all sportsbooks are accessible using a mobile browser, some betting sites also have dedicated iPhone sports betting apps. 

When it comes to sports betting on the iPhone, Bodog stands out above the rest of the pack. With a fast interface and easy-to-use design, members can place wagers, cash-out bets, and claim bonuses right from the Bodog iPhone app. 

Bodog are among the other sportsbooks with iPhone betting apps that offer excellent odds and features. 

NBA Betting Apps for Android

Not all sportsbooks have apps for both iPhone and Android users. 

In fact, some sportsbooks have betting apps that are exclusive to Android devices. One of the best Android betting apps, Bodog gives members access to NBA odds, live betting, and essential features, like cash-out options right from their mobile device.

Bodog is among the best Android apps for NBA betting in Canada.

NBA Format

Unlike other sports leagues, the NBA has a unique format for the regular season, playoffs, and NBA Draft. While most basketball fans know how the NBA works, we’ll go into detail about some of the nuances that fans can expect to find over the course of an NBA season.

Below, you’ll find a quick breakdown of the format for the NBA regular season, NBA playoffs, and NBA Draft.

NBA Format for the Regular Season, Playoffs, and NBA Draft

📅 NBA Season

82 Games

🏆 NBA Playoffs

Seeds 1-8 Best-of-Seven Series

Seeds 7-10

Play-In Tournament

🏀 NBA Draft

NBA Draft Lottery

To learn more about the NBA format during the regular season, playoffs, and NBA Draft, read on below. 

NBA Regular Season Format

A typical NBA regular season runs from October to April. 

There are 30 NBA teams that are split into two conferences: the Eastern Conference and the Western Conference. 

Each team plays 82 regular season games and there are a grand total of 1,230 games played during the NBA regular season schedule. Over the course of the NBA schedule, each team plays 41 home games and 41 road games. 

Every NBA game features four 12-minute quarters. The team that scores the most points wins the match. If a game is tied after four quarters, a continuous number of five-minute overtimes are played to determine the winner.

NBA Playoffs Format

In order to have a chance to compete for an NBA Championship, teams must finish in the top 10 in their respective conference standings. 

First, seeds 7 through 10 compete in a play-in tournament for a spot in the NBA Playoffs. From there, the top eight seeds enter into a playoff bracket to determine their opponents. In the first round, the NBA Playoff format is as follows:

  • No. 1 seed vs. No. 8 seed
  • No. 2 seed vs. No. 7 seed
  • No. 3 seed vs. No. 6 seed
  • No. 4 seed vs. No. 5 seed 

On the road to the NBA Finals, NBA teams must survive a rigorous postseason schedule consisting of four seven-game series. All playoff series are played in a 2-2-1-1-1 format, which gives the home team the advantage in a potential decisive Game 7 matchup. However, the league has not been afraid to make adjustments to make the NBA Playoffs more interesting. 

In 2003, the NBA expanded its playoff format to include a best-of-seven series in the first round. More recently, the NBA introduced the play-in tournament to bring some added excitement to the NBA Playoffs. 

NBA Playoffs Format

First Round Second Round Third Round

NBA Finals

No. 1 seed

No. 8 seed No. 1 vs. No. 8 Winner Winner Winner
No. 4 seed No. 5 seed

No. 4 vs. No. 5 Winner

No. 2 seed

No. 7 seed No. 2 vs. No. 7 Winner Winner
No. 3 seed No. 6 seed

No. 3 vs. No. 6 Winner

NBA Draft Format

The NBA Draft order is determined by the NBA Draft lottery, which draws ping pong balls from a lottery machine for each of the top four picks. According to NBA.com, there are 1,001 possible combinations when four balls are drawn out of 14, without regard to their order. 

Each team that misses the NBA Playoffs is assigned a certain number of ping pong balls based on their performance. The bottom-four teams in the league have a 14.0 percent chance of receiving the No. 1 overall pick and a 52.1 percent chance of landing in the top four selections in the NBA Draft. 

For a complete breakdown of the NBA Draft Lottery odds, basketball fans can visit tankathon.com, which features the percentages for each lottery team, along with a NBA Draft Lottery simulator.

Once the NBA Draft order is set, the teams can prepare to select prospects on NBA Draft Day. The NBA Draft consists of two rounds and a total of 60 picks. On NBA Draft Day, each team is allotted two picks, a first-round pick and a second-round pick. 

NBA MVP Award

The NBA MVP is awarded to the league’s most valuable player during the regular season. Kareem Abdul-Jabbar has won a record six NBA MVP awards. Meanwhile, both Michael Jordan and Bill Russell have won the NBA MVP award five times apiece. 

In 2021, Denver Nuggets center Nikola Jokic was named the NBA’s Most Valuable Player. He is the second second-round draft pick to ever win NBA MVP.

How Is The NBA MVP Award Decided?

Since the 1980-81 season, the award has been decided by a panel of sportswriters and broadcasters throughout the United States and Canada. Each writer casts a vote for their selections, ranking them first through fifth. 

The scoring system for each vote is as follows:

  • 1st place – 10 points
  • 2nd place – 7 points
  • 3rd place – 5 points 
  • 4th place – 3 points
  • 5th place – 1 points

The player that tallies the most voter points wins the NBA MVP Award. 

List of NBA MVPs Since 2000

The MVP Award is the most prestigious individual award in the NBA. Every NBA MVP award winner that has been eligible has been inducted into the Naismith Memorial Basketball Hall of Fame.

For a complete list of NBA MVPs since 2000, check out the chart below.

List of NBA MVP Award Winners Since 2000

Year

NBA MVP 

2021

Nikola Jokic
2020

Giannis Antetokounmpo

2019

Giannis Antetokounmpo
2018

James Harden

2017

Russell Westbrook
2016

Stephen Curry

2015

Stephen Curry
2014

Kevin Durant

2013

LeBron James
2012

LeBron James

2011

Derrick Rose
2010

LeBron James

2009

LeBron James
2008

Kobe Bryant

2007

Dirk Nowitzki
2006

Steve Nash

2005

Steve Nash
2004

Kevin Garnett

2003

Tim Duncan
2002

Tim Duncan

2001

Allen Iverson
2000

Shaquille O’Neal

List of Past NBA Champions Since 2000

Every year, 30 teams compete for a chance to lift the Larry O’Brien Trophy, the award given to the team that wins the NBA Finals. Ten different franchises have been crowned NBA Champions since 2000. With six NBA Championships,  the L.A. Lakers have claimed the most NBA titles during that span.

Last season, Giannis Antetokounmpo and the Milwaukee Bucks claimed the 2021 NBA Finals in six games following a gutsy 2-0 comeback versus the Phoenix Suns. 

For a complete list of NBA Champions since 2000, check out the chart below. 

List of NBA Championship Winners Since 2000

Year NBA Champions
2021 Milwaukee Bucks
2020 L.A. Lakers
2019

Toronto Raptors

2018

Golden State Warriors
2017

Golden State Warriors

2016

Cleveland Cavaliers
2015

Golden State Warriors

2014

San Antonio Spurs
2013

Miami Heat

2012

Miami Heat
2011

Dallas Mavericks

2010

L.A. Lakers
2009

L.A. Lakers

2008

Boston Celtics
2007 San Antonio Spurs
2006 Miami Heat
2005 San Antonio Spurs
2004 Detroit Pistons
2003 San Antonio Spurs
2002

L.A. Lakers

2001

L.A. Lakers
2000

L.A. Lakers

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

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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's work can also be found at Pistons Powered, SafeBettingSites, Winners And Whiners, and more.