Basketball Betting Sites 2023 – US Sportsbooks

Author:

Oliver Dickinson

Updated:

Jan 22, 2024

I'm a passionate sports betting writer and one of our app testers. As an avid sports enthusiast, I have always been fascinated by watching and gambling on sporting events.

best basketball betting sites

Whether it’s the Lakers versus the Warriors on Christmas Day, Duke against UNC in the last week of March, or game seven at the TD Garden, this sport has the power to produce whirlings of confetti in the minds of every fan.

The number of top-notch online sportsbooks is constantly increasing, and bettors from all over the country are getting new lucrative opportunities to reap the fruits of the plethora of basketball bonuses and various betting types and promos.

So let me take you through all your options, to help you find the best sportsbook for you. After you have checked our list, I will run through each sportsbook comprehensively, highlighting everything you should know about each.


Best Basketball Betting Sites

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2008 ratings
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  • The best sportsbook
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  • Convenient banking
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All of the betting sites I have reviewed are fully legal in the United States, though they do not operate in all the states where sports betting is legal. Also, for you would-be college basketball bettors, you should know that you cannot bet on NCAAB games in every state.


Our Best Basketball Bettingย Sportsbooks

As the online sports betting industry matures, we are keeping our finger on the pulse to see which sites excel in terms of basketball odds, bonuses and other important features such as bet types. That means, naturally, there will be some betting sites that we feel are ahead of others.

Here are the best US betting sites that offer basketball betting.

๐Ÿฅ‡#1. Caesars Sportsbook – Best for Basketball Betting

Caesars Sportsbook logoUp and running in over 20 states all over the country, Caesars Sportsbook is the go-to place for basketball betting for millions of US bettors. I use the app frequently during the regular season and playoffs, and have to highlight Caesars excellent rewards program.

Besides offering extensive betting markets on NBA, WNBA and college basketball games, Caesars has plenty of pro betting tools. I will occasionally try out a teaser bet or round robin on numerous games, but am also happy to form simple parlays. I bring up the parlays simply because Caesars regularly gifts parlay boosts and insurance deals, so it is highly worth combining your bets into multiple seleciton wagers.

After forming my bet, I can always review my bet slip on the betting app to confirm the details, and top up my funds swiftly if I don’t have cash in my account.

Expert Comments: “Caesars is definitely my personal top pick for basketball betting due to the fantastic features and odds they have. I find it really easy to place a bet on their site and can usually find odds for all of the games I want to bet on.” Damjan Spajiฤ‡ (Sports Editor)ย 

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๐Ÿฅˆ#2 bet365 Sportsbook – Top Basketball Sportsbook For Live Betting

bet365 article logo

According to many betting veterans from all over the globe, bet365 is the best online sports betting company. It has an outstanding collection of basketball bets, even covering popular European leagues and competitions from Asia. What really impressed me was the live betting options.

Bet 365 provides lots of in-game stats and HD live streams of basketball games. The platform is robust, and you will feel it when you open the betting markets during a game. The odds are constantly changing, with little to no interruption, and there are lots of thought-provoking options to test your basketball knowledge with.

So if you are a basketball fan looking for a sophisticated betting app to place live bets on NBA, college sports, and Euroleague games without missing a moment of the action, head to bet365 and start your betting journey today.

Expert Comments: “If you’re yet to try out bet365 you seriously need to. They have a great live-streaming future that allows you to watch basketball games while you bet on them. This is great so you can keep track of a game and place a bet with the run of play.” Damjan Spajiฤ‡ (Sports Editor)

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๐Ÿฅ‰#3 PointsBet Sportsbook – Features Basketball Same Game Parlay

PointsBet Sportsbook Logo

PointsBet has many attractive perks that bettors rave about. The app is sensational, with great in-depth analysis and statistics for each game, which are highly useful. I particularly like the points betting feature, a betting market that you can only get at points bet.

In addition to its betting tools, you can also create some fantastic same game parlays, and even SGP+ bets. I have to mention the rewards program too, as well as PointsBet’s frequent odds boosts, all of which make this sportsbook among the very best for basketball bettors.

To get a little taste of the action that awaits you, head to NBA and click on any game. Then, open the SGP bets or the Points Betting Featured Wagers, and you will see just how many exciting markets PoinstBet has to offer.

Expert Comments: “I have always been an advocate of betting parlays on basketball. I like betting small for a high reward. I use PointsBets same-game parlay feature to create high odds bets by predicting multiple outcomes from a single game.” Paul Ricci (Chief Sports Editor)

#4 DraftKings Sportsbook – Best Basketball Futures Odds

DraftKings Sportsbook logo

When the NBA season starts, the question on every fan’s mind is who will win the Championship this year? I always get my futures bets in early, when the odds are good and long. DraftKings is definitely my go to place for basketball futures bets, as it has extremely competitive odds, and if you are hesitant about which team to pick, you can always opt for other types of futures such as Win Streaks, Division Winner, and even NBA Finals State Winner.

DraftKings does same game parlays, round robins, and all the types of system or parlay bets you could need. I have frequently used the platform to make detailed bets on NBA games and find the sheer volume of player and game props extremely satisfying.

Expert Comments: “I’ve always had a great experience with DraftKings sportsbook and you can tell it’s been around for years due to how refined it is. I like to use DraftKings to place futures bets on things like MVP of the season or NBA winner.” Paul Ricci (Chief Sports Editor)

DraftKings Sportsbook logo

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#5 BetMGM Sportsbook – Top for College Basketball Betting

BetMGM Sportsbook logo

Unfortunately, the current atmosphere in the basketball arenas around the country is not on the level of the 90s, and most of the fanbases are missing the much-needed passion. Luckily for basketball fans, the NCAA Division I basketball season seldom disappoints.

BetMGM is an exceptional platform when it comes to betting on college basketball or NCAAB events. During March Madness, I always have the BetMGM app at the ready, and can quickly fire in some bets on upcoming events. The odds are fantastic, the options are plentiful, and the coverage is top-rate.

BetMGM’s involvement with college basketball goes even beyond the sportsbook. The company is known for supporting college basketball shows such as the popular show Big Bets on Campus.

On top of that, BetMGM is available in most states in the US, though it only offers college basketball bets in states where it is legal to do so. As a user of BetMGM, you will also have access to a plethora of promotions, and can enjoy the benefits of its generous rewards program.

Expert Comments: “Using BetMGM’s website and extremely easy to do, all of the sports are easy to find and basketball will always be near the top of the list. When you go into the basketball section you’ll find NBA odds but also a huge selection of college basketball odds that you can place if that’s you’re thing too.” Damjan Spajiฤ‡ (Sports Editor)

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#6 FanDuel Sportsbook – Competitive Basketball Lines and Odds

FanDuel Sportsbook logoFanDuel has an online sportsbook that has been sitting around the sports betting throne for quite some time now. One of the main reasons behind the success of FanDuel is that it provides bets at highly competitive prices.

FanDuel is one of my favorite places to wager on basketball events. The interface is extremely easy to use, and the competitive odds extend to the simplest bets such as moneylines or point spreads.

Whether you are a newbie or an expert bettor, you will enjoy betting at FanDuel. It operates across over 20 states, and FanDuel throws out promotions to its users regularly. A supporter of parlays, FanDuel launched its Parlay Hub, where you can check out popular parlay wagers on upcoming events. I have caught some great deals through the Parlay Hub, and even saw a few of my own predictions feature on the Hub, which just adds to the fun.

Expert Comments: “I agree with Oliver, that FanDuel is extremely accessible, and is just as popular with newcomers as it is with pro bettors. The basketball offering is extensive, and there are lots of nifty tools with which you can personalize your bet. The Parlay Hub is also a great feature, and always worth checking.” Paul Ricci (Chief Sports Editor)ย 
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Must-Consider Factors for Basketball Sportsbook Sites

While the selection of great basketball betting sites has never been better, there are still many factors you should consider before choosing between online betting sites.

Legal States

To be able to create an account at your sportsbook of choice, you first must ensure that the online sportsbook in question is available in the state where you reside. Not every basketball betting site is available in every state, so always check the availability before making your decision.

Basketball sites are one thing, state legislation is another. You may find that none of the sports betting sites cater to players in your state, and this may be because sports betting is prohibited in your state. Another thing you need to know is that even if your state allows online sports betting, there may be restrictions on college basketball betting.

Legal Status of Basketball Betting Across US States
StateOnline Basketball Betting
(NBA, WNBA, other professional leagues)
College Basketball Legal Status
(Any Conditions)
Legal Betting Age
Alabama (AL)โŒ--
Alaska (AK)โŒ--
Arizona (AZ)โœ…โœ…
(No College Player Props)
21
Arkansas (AR)โœ…โœ…21
California (CA)โŒ--
Colorado (CO)โœ…โœ…
(No College Player Props)
21
Connecticut (CT)โœ…โœ…
(No In-State College Teams)
21
Delaware (DE)โŒ--
Florida (FL)โŒ--
Georgia (GA)โŒ--
Hawaii (HI)โŒ--
Idaho (ID)โŒ--
Illinois (IL)โœ…โœ…
(Only In-Person Betting at Retail Locations)
21
Indiana (IN)โœ…โœ…
(College Player Props Only as Pregame Bets)
21
Iowa (IA)โœ…โœ…
(No College Player Props)
21
Kansas (KS)โœ…โœ…21
Kentucky (KY)โœ…โœ…21
Louisiana (LA)โœ…โœ…21
Maine (ME)โœ…โŒ21
Maryland (MD)โœ…โœ…-
Massachussetts (MA)โœ…โœ…
(No In-State College Teams)
21
Michigan (MI)โœ…โœ…21
Minnesota (MN)โŒ--
Mississippi (MS)โœ… Limitedโœ…
(Retail Only)
-
Missouri (MO)โŒ--
Montana (MT)โœ… Retail Onlyโœ…
(Retail Only)
-
Nebraska (NE)โœ… Retail OnlyโŒ21
Nevada (NV)โœ…โœ…21
New Hampshire (NH)โœ…โœ…
(No In-State College Teams)
18
New Jersey (NJ)โœ…โœ…
(No In-State College Teams)
21
New Mexico (NM)โŒ--
New York (NY)โœ…โœ…
(No In-State College Teams)
21
North Carolina (NC)โฑ๏ธ--
North Dakota (ND)โŒ--
Ohio (OH)โœ…โœ…21
Oklahoma (OK)โŒ--
Oregon (OR)โœ…โœ…
(Only In-Person Betting at Retail Locations)
21
Pennsylvania (PA)โœ…โœ…
(No College Player Props)
21
Rhode Island (RI)โœ… Limitedโœ…
(No In-State College Teams)
18
South Carolina (SC)โŒ--
South Dakota (SD)โŒ--
Tennessee (TE)โœ…โœ…
(No College Player Props)
21
Texas (TX)โŒ--
Utah (UT)โŒ--
Vermont (VT)โฑ๏ธ--
Virginia (VI)โœ…โœ…
(No In-State College Teams or Player Props)
21
Washington (WA)โŒ--
West Virginia (WV)โœ…โœ…21
Wisconsin (WI)โŒ--
Wyoming (WY)โœ…โœ…21
Washington D.C. (DC)โœ…โœ…
(No In-State College Teams)
21

I would not be too worried if online sports betting was not available in the state I was playing in, as there are ways around this. For example, you could travel to another state to place your bets, which is something I have done before. I also signed up for Daily Fantasy Sports sites, and entered basketball competitions when I could not access my top basketball betting sites.

My top two DFS apps, which I still use to this day, are FanDuel and DraftKings, but there are plenty more that I have tested and reviewed. If you are interested in DFS, you can check out our page on Fantasy Sports.

Basketball Coverage

The NBA is not the only league that offers high-level basketball. Basketball is extremely popular all over the world, and there are many other leagues that provide high-quality matchups worthy of your bet.

WNBA, NCAA Basketball, Euroleague, EuroCup, Liga Endesa, Turkish Basketball Super League, the Greek A1 League, and the French LNB Pro A are just a few of the other competitions that provide fans with high-quality basketball. These leagues can be full of great betting opportunities, so make sure to choose a basketball betting site that lists them as available and offers various betting markets for them.

Basketball Odds Boosts

Every betting site comes up with various promotions to draw more customers. Odds Boosts are one of those promotions that basketball bettors seem to love. With these promotions, the best basketball betting sites provide higher odds for particular betting markets to stimulate their users to place more bets.

Odds Boosts can be an exciting way for players to move away from the traditional moneyline bets and win more by making the most of the enticing betting odds of these promos as most online sports betting sites, such as FanDuel Sportsbook, offer odds boosts on Player Prop bets. Top NBA betting sites will always have competitive NBA odds and a range of promos such as odds boosts.

Betting Opportunities

The betting market availability is one of the crucial factors when choosing a sportsbook. Top sportsbook operators usually offer hundreds of betting markets that are available daily, which provide endless betting opportunities. Moreover, they cover a wide variety of leagues and tournaments, as well as various betting types.


How to Bet on Basketball Online

Best Basketball betting sites

We live in an era where we can experience the thrill of gambling directly from the comfort of our sofas in our living rooms. Thanks to the evolution of technology and the rise of the online betting industry, placing a bet has never been easier. All it takes is a few simple steps that can get done in less than a few minutes.

Register with the Sportsbook Site

The sign-up process at any online sports betting site is straightforward. The first thing you need to do is access the official website of the sportsbook or download the sports betting app. Once you are in, find the Register, Join or Sign Up button, click on it, and follow the instructions.

  1. Enter your valid email address.
  2. Choose a username and password.
  3. Enter your personal details such as your full name, date of birth, current address, and last 4-digits of your Social Security Number.
  4. Once you enter all the details correctly, your account will get created, and you will get access to your betting site of choice.

DraftKings Sportsbook Offer

Make a First Deposit

To be able to place your first bet and become eligible for any potential promo offers, you need to make your first deposit. The process is super simple. Look for the Cashier or Deposit button, usually located in the top right corner, and click on it. Proceed by choosing your preferred deposit method, and enter the amount you want to deposit into your account.

Different betting sites have various available deposit methods. Make sure to check which payment methods are accepted and how long are their processing times before choosing between online betting sites.

Place Your Bet

Once your funds get deposited into your account, you can access the betting site and select the sport. Once you click on the sport you want, all the available competitions with upcoming games will pop up. Then, you can select the game you want to place a bet on, choose one of the offered markets listed by the betting site and enter the amount.

Withdraw Winnings

Withdrawing your winnings is a straightforward process as long as you are familiar with the available payment methods that you can use for it. To withdraw funds from your account, go to your wallet and locate the Withdraw or Cashout button. Proceed by selecting one of the listed cashout methods, then enter the amount you want to withdraw from your balance.


Basketball Events You Can Bet Online

Basketball betting nba wnba ncaab

When is the best time to start betting on basketball online? Here is a rundown of all the competitions and leagues that I like to bet on, and where you can bet on them.


NBA

nba logo basketball

The NBA is by far the most popular basketball league in the world, however, the highest level of basketball excitement kicks in in April with the start of the NBA playoffs. The NBA playoffs are the postseason tournament in which the best eight teams from both the Western Conference and Eastern Conference compete in the well-known best-of-seven elimination tournament.

This basketball event not only provides fans with the highest level of quality known in basketball but also provides sports bettors with an extensive selection of various lucrative betting opportunities. The games from the NBA playoffs are available for betting at any licensed online NBA betting site in the country, and the list of betting options seems to be getting longer and longer.


WNBA

wnba basketball logo

The Women’s National Basketball Association has seen a massive surge in popularity over the past years. I have followed the games myself for a while now, and have won lots of wagers on this competition. Placing live wagers on this competition is extremely exciting, and equally dramatic, but always a good experience. The regular seasons start in May and last until September, and are followed by the WNBA Finals, which start in September and end in October.

If you are not familiar with the WNBA, then it is high time to check out the action. Some of the WNBA teams have direct male counterparts, so if you are a fan of the Indiana Pacers, LA Lakers, Minnesota Timberwolves, Brooklyn Nets or Phoenix Suns, you can support the Indiana Fever, LA Sparks, Minnesota Lynx, NY Liberty or Phoenix Mercury, respectively. Otherwise, check out Atlanta Dream, Chicago Sky, Dallas Wings, Connecticut Sky, Las Vegas Aces, Seattle Storm, and Washington Mystics. The teams have some world-class basketball prospects.


NCAAB March Madness

march madness ncaab logo

Whether betting or not, every basketball fan will assure you that there aren’t many sporting events around the globe that can match the thrill of March Madness. This basketball event hosts the top 68 college teams from all over the country in a single-elimination tournament that produces some of the most heart-stopping basketball moments.

March Madness college basketball starts at the beginning of March, with the Final Four event usually getting scheduled for the first week of April. During the event, almost every online sportsbook comes up with various exciting promo offers and betting odds boosts, which makes the whole competition one of the most exciting college betting experiences.


NBA All-Star Game

Every February, NBA fans are presented with a unique chance to watch 24 of basketball’s most outstanding superstars as they go head-to-head in an exhibition game full of some of the deepest 3-pointers caught on camera and some of the most mind-blowing slam dunks.

The NBA All-Star games are available at any licensed online basketball betting site in the country, providing bettors with a wildly entertaining sports betting experience. These games are known as high-scoring affairs, so they are popular among the bettors fond of the Over/Under betting type.


Euroleague’s Final Four

Euroleague is the most elite basketball competition in the old continent. It features the best 18 European basketball teams. This competition is formatted in a way in which each team plays two regular season games against every other team. The top eight teams progress to the playoffs, and then the four best teams advance to the pinnacle of the competition, the Final Four.

All the games of the Final Four get hosted on the same weekend, which makes the whole event a true basketball betting spectacle full of lucrative betting opportunities. The Final Four usually takes place in the last week of May.


Basketball Betting Tips & Opportunities

We like to think we know a thing or two here about how to get ahead of the game when wagering. We have placed all kinds of NBA bets and know exactly what to look out for when looking at NBA online betting sites. Betting online and strategically betting online isnโ€™t the same thing. Anyone, not just NBA bettors, can set a large wager at basketball sportsbooks, but using the tools provided by betting sites can help you win more often than you lose. We have placed enough bets to know you should always use the tools at your disposal.

Same-game Parlays

Not many basketball betting experiences can compare to the thrill of hitting a four-leg same-game parlay. However, to do so, you must understand all the nuances of this sports betting type and avoid some of the most common mistakes.

One of the most common mistakes inexperienced bettors make when betting on same-game parlays is placing bets that contradict one another. There is no point in backing the Dallas Mavericks if you also plan to bet that Luka Doncic will go under his projected points for the night.

The bettors interested in same-game parlay bets should always try to assemble parlays with complementary bets. This strategy is known as correlated parlay betting. In the case of a correlated parlay bet, you have a parlay with two or more bets that are connected together in a way in which if one of the bets wins, the chances of hitting the other bets will significantly increase.

DraftKings Same Game Parlays

Live Betting

As with any other betting type, live betting requires a lot of research and understanding of the game since the scoreboard can be very misleading.

The fact that one team is leading by double digits doesn’t mean that things cannot change in a rapid fashion. Live betting can be very complex, and bettors might often find themselves in frustrating situations caused by coaching decisions.

Basketball is a game where the favorites can give more minutes to their benchwarmers if they lead by a large margin. That might allow the opponents to cut down the margin. Teams with a rough schedule ahead may not go full throttle and try to get back in the game if they are trailing by a lot. Bettors who want to be good at live betting should always follow all those situations closely and pay attention to any trends during the game. You don’t have to be a live betting expert to know not to place a live bet on the Over if both teams are struggling from downtown.

Over/Under

Over/Under bets are one of the most popular Basketball betting options which can be found on almost all basketball betting sites. When placing an Over/Under bet, the bettors are gambling on the combined amount of points scored in the game. The basketball betting sites set a projected number, while bettors try to predict if the total amount of points scored in the game will be higher or lower than that number.

Placing Over/Under bets is the go-to sports betting market for many ball fans. However, there is no magical NBA betting strategy that can help bettors win money on Over/Under bets in basketball. For players to put themselves in a position to make profits, they need to read and understand data. Luckily for bettors, they can find all the valuable data they need in the recent results of the two teams from the game they are looking to bet.

Before placing an Over/Under bet, each bettor should see the average points each team has scored in recent away and home games and check the number of points scored in their most recent previous matchups.

Player Props

With the incredible rise in popularity of Daily Fantasy Sports, Basketball Player Props betting became one of the most favored betting options in almost every basketball betting site. By placing a Player Prop bet, bettors are gambling on the possibility of a particular player achieving a predetermined number of specific statistics.

The most common basketball player prop bets are about the number of points a player will score in a game. To put yourself in a position to gain profits from this type of bet, you need to dedicate significant time to research and develop a high-level understanding of the game.

Some of the most common tips involve paying attention to previous head-to-head matchups between particular players, taking advantage of certain matchups, and always being up to date with all the latest news regarding the players you want to bet on.

FanDuel NBA Player Props

Point Spread Betting

A basketball point spread is a bet on the margin of the win in a basketball game. By placing a Point Spread bet, bettors are gambling on the difference between the winning and the losing team in a basketball game.

There are many strategies gravitating around Point Spread betting, with the most notable being the one that suggests avoiding blowouts. Although we’ve witnessed numerous blowouts in which the favorites won by high margins, betting your money on -19.5 favorites is not the brightest idea.

The basketball season is long, and the schedule can be quite draining. Thus many NBA teams considered favorites would rather rest their players in the 4th quarter when leading instead of pushing up the tempo and increasing their winning margin even further.

Matchups against teams from the bottom of the table can be an opportunity for top NBA teams to rest their star players, so betting on potential blowouts should not be among your favorite betting strategies.


FAQs

Where can I bet on NBA games?

DraftKings, Betway, Unibet, FanDuel, Caesars and PointsBet are all great choices for NBA basketball bettors. These sites are fully legal in the US and offer extensive basketball betting markets.

Is it legal to bet on college basketball?

College basketball betting is not legal over the entire country. There are states where it is completely legal and some where there are restrictions, such as you cannot bet on college player props, or on in-state college teams.

What is March Madness?

March Madness is the National Collegiate Athletic Association's college basketball tournaments. It is called March Madness because it starts in the middle of March and lasts through April. The basketball competition is fierce, and there are loads of excellent games to look forward to, and thrilling betting opportunities too.

How to withdraw from basketball betting sites?

Legal sportsbooks, such as DraftKings, Caesars, BetMGM, PointsBet and FanDuel, all provide you with ample payment options for when you want to withdraw. You can use e-wallets such as PayPal, bank transfers, and in some cases, go to retail locations and withdraw hard cash. Note that some withdrawal options, such as bank transfers or e-wallets, may take a few days. However, when withdrawing from a legal sportsbook, you can always rest assured that your winnings will reach you safely.