Basketball Betting Sites 2023 – US Sportsbooks

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.

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

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.

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

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

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.

The reach of the NBA extends far beyond the stadiums and courts. Michael Jordan, the GOAT (Lebron fans, calm down), has obviously achieved massive success with his Air Jordan sneakers, with rumors the Joran brand is even looking to move into English soccer by linking up with a Premier League team.

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

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

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.

There are always plenty of amazing stories and upsets that come from March Madness. The tournament really captures the nation’s imagination as they compare brackets and argue over who will go further.

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 isn’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.

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.

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.