If you enjoy betting on basketball, then you should be using a basketball betting site. More accurately, you should be using one of the best basketball sites.
This will ensure that you have an excellent, and safe, online betting experience, and get to benefit from all the advantages that the top sites have to offer.
We explain just what it is that makes them so good further down this page, but before we get to that we’ve listed what we consider to be the top sites at
this moment in time.
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Basketball is a sport that could have been made just for betting. It’s such a high speed and high scoring sport, with regular changes in momentum, that betting on it is like riding a rollercoaster. You might be at the top of the world one minute, and throwing beer bottles at your TV the next.
Many people involved with basketball hate the fact that betting takes place on the sport. They worry about its potential for corrupting the game. They might have a point too. Cases such as the one of Tim Donaghy, a referee who was found to be betting on games that he officiated, certainly suggest so. However, basketball is simply too much fun to pass up on. The amount of betting action the sport attracts is testament to that.
It’s not just about the fun either, as betting on basketball offers the opportunity to make good money if you know what you’re doing. And of the first things you should be doing, even if you only bet for fun, is making sure that you use a quality and trustworthy betting site. That’s why we’ve made the recommendations above. If you’re looking for somewhere to place your basketball wagers, these are the places you should be joining.
You can find out more about exactly why we recommend these sites below. We’ve made some alternative recommendations too. There’s also some further information on basketball betting, and on the sport itself.
About the Sport of Basketball
About Our Rankings
There are three main reasons why we recommend the sites listed at the top of this page. These are as follows.
- They are safe and secure
- They provide comprehensive coverage
- They offer a good slection of wagers
Let’s take a look at why each of these three reasons are so important.
Safety and Security
There are plenty of people who think that online betting is dangerous. The media in general doesn’t do a good job of covering online sports betting, so it’s not really surprising that people don’t know much about it. And people often think the worst about things they don’t really understand. If you’re one of these people, please allow us to address your concerns.
By using a legitimate betting site, your money will be just as safe as if you were betting with a reputable sportsbook in Nevada, or with any other well-known bookmaker. The top sites are perfectly reputable and trustworthy, and you have nothing to worry about when using them. But it is important that you use the right sites. There are some bad operators out there, with questionable reputation, and these must be avoided. And you will avoid them if you stick with the sites that we recommend.
We never recommend any gambling site of any type to our readers unless we are completely confident that they are safe and legit to use.
Basketball Coverage
The sites we recommend cover the NBA, NCAA, and often some international leagues. This is important, because you want as many opportunities as possible to make some money. If you only have the option to bet on a handful of different games, then it’s much harder to find wagers with positive expected value. If you have the option to bet a wide variety of different games, then it becomes much easier.
Selection of Wagers
A good selection of wagers is important for the same reason as good coverage of basketball. You don’t just need to be able to bet a variety of different games, you also need plenty of options for how you bet on those games. If you can only place one or two different types of wager, your chances of making money will be limited. If you have the choice of many different types of wagers, your chances improve.
How To Bet On Basketball Online
More Ranking CriteriaThere are also several other factors we take into account when ranking these, or any, sites. Here are a few of the things we look for that are particularly relevant for sports betting sites.
- Multiple Deposit Options
- Fast Withdrawals
- Easy to Use
- Reputation & History
- Competitive Odds & Lines
- Good Customer Service
You can find out more about the ranking process we use in the article detailing how we compile our gambling site rankings.
Alternative Recommendations
We compile rankings of the best sports betting sites in several different categories, as we know that everyone has their own individual preferences and requirements. One site might be perfect for someone, but not right at all for someone else. The sites listed at the top of this page are most definitely ideal options if you want to bet on basketball, but there are some alternatives you might want to consider.
If you bet mostly from your mobile device, for example, then you might want to consider a site that is particularly good for mobile betting. We’ve ranked the best sites for mobile betting, and the majority of these cover basketball very well.
You might want to consider using a specialist live betting site too. Live, or in-play, betting is ideal for basketball. The fast pace of the game makes for an intense experience when betting on the action as it happens. The sites on the following page are the best options for live betting, and they all cover at least most basketball matches from the major leagues.
The final alternatives to consider are those that are good for a range of different sports. This won’t be relevant to you if you only bet on basketball, but if you do bet on other sports then there are some advantages of using the sites that we rank as the best sports betting sites overall.
How to Bet on Basketball
There are four main wagers that account for the majority of betting action on basketball. These are follows:
- Point Spreads
- Moneylines
- Totals
- Props
Point Spreads
Point spreads generally have very similar odds for both teams, but the favored team must win by a certain margin for a wager on them to be successful.
The underdog has to lose by no more than a certain margin for a wager on them to be successful. Here’s an example of a point spread that might be
offered by a bookmaker.
-110
In this case, you’d need Miami to win by more than five points if betting on them. If betting on Portland, you’d need them to win or lose by less than five points. A bet on either team would be a push (tie), if Miami won by exactly five points. -110 are the odds for each wager, which means a $110 stake is required to win $100.
Moneylines
Moneyline wagers are simply bets on which team is going to win the game. The odds for a team will reflect their chances of winning. The favored teams have lower odds than the underdogs. Here’s how the moneyline might look for the match referenced above.
-210
Totals
Totals are wagers on the total combined score of both teams. A basketball betting site will set a figure that they think will be close to the total score, and you then bet on whether the actual total score will be higher or lower than that figure. This is how the totals market might look for the match between Portland and Miami.
-115
Totals are a very simple way to bet on basketball. This perhaps explains why they are so popular, even though it’s not particularly easy to make accurate
predictions regarding the total number of points scored.
Props
Prop bets are big in basketball. Some of the best basketball betting sites regularly host upwards of 100 different prop bets for a single game. Wagers of this type are typically on outcomes that are related to the game, but not necessarily related to the final outcome. Here are some examples.
-115
-2000
-105
This information is pretty much all you need to start betting on basketball, but there’s a lot more to learn if you want the best chance of making some money. We’re currently working on a comprehensive basketball betting guide for our website, and this will be an excellent resource for anyone wanting to improve their basketball betting skills.
Basketball Betting Guide- Basketball Betting for Beginners
- Handicapping Basketball Matches
- Simple Tips for Success
- Basketball Betting Options
- Basic & Advanced Strategies
- + Much More
March Madness Betting
There are several ways to bet on basketball, but arguably the most thrilling basketball betting scene goes down in March Madness. Basketball fans of all walks of life enjoy the excitement of the yearly college basketball tournament, which sets up an intense bracket to help decide each year’s college basketball national champion.
March Madness is most well known for fans filling out their brackets, as numerous websites offer printable and online brackets where fans can dissect and ultimately predict the outcome for each game. With While a perfect bracket is hard to come by, part of the fun can be correctly predicting early round upsets, while also seeing how many teams can last to the Final Four, or even the title game.
On top of the bracket challenge amongst friends, family and co-workers, March Madness also allows for one of the best basketball betting periods of the season. College basketball betting goes down all year, but March Madness opens the door to individual game betting, bracket betting, and long-term national champion bets.
College basketball’s most prestigious tourney has certainly been no stranger to serious betting action, with the amount of money being spent on March Madness betting growing by the year. The American Gaming Association (AGA) reported a whopping $9 billion in March Madness bets in 2015 and that number only grew ($9.2 billion) in 2016.
The current makeup of the March Madness tournament allows for 68 total teams, with four teams battling in the First Four to simply get into the tourney, and the rest of the teams battling it out in a single-elimination tournament to decide who gets to play for the title.
About the Sport of Basketball
The basketball betting guide mentioned above will also include a detailed section on the sport itself. This will be useful and interesting for anyone who wants to know more about basketball. Learning more about the sport is a good idea for betting purposes too, as solid basketball knowledge can only help when making betting decisions.
ALL ABOUT BASKETBALL- About College Basketball
- NBA Teams Guides
- College Teams Guides
- Basketball Outside the US
- Legends of Basketball
Online sportsbooks are the best place to bet on basketball. They are convenient, trusted and offer a wide variety of fair odds for betting on basketball. Having some money riding on a basketball game enhances the games excitement. Even a game that is ten points apart with two minutes left could be very exciting to someone who bet the spread. An online betting account allows you to place basketball bets easily and securely from your computer or mobile phone. Simply put, online sportsbooks are the most popular way to bet on basketball games for a reason.
Best Sportsbooks for Betting On Basketball
- Most popular betting site worldwide
- Top quality live betting platform (including streaming of many events)
- Fixed odds betting for horse racing
- Accepts players worldwide
- Competitive betting lines
- Fast & easy deposits and withdrawals (including Bitcoin)
- Accepts players worldwide
- Competitive betting lines
- Old style website that is easy to navigate
How To Bet On Basketball Online
Betting on basketball is extremely easy and if you follow the three steps listed below you will be placing NBA wagers in no time.
Bet On Basketball – Step By Step Guide
1. Open an Online Sportsbook Account – The three sportsbooks listed above are our top three recommended NBA betting sites for your location. We suggest you visit one of those sites and set up an account. Opening a new account just takes a minute and you will only have to provide basic info such as your name and email address.
2. Make a Deposit – You can’t bet on basketball online without first funding your account. To make a deposit head over to the cashier section of the sportsbook and follow the depositing instructions. Credit card deposits are generally the most popular, but you can deposit via a wide variety of methods including e-wallets (Skrill, Neteller, etc), Bitcoin, bank transfers, and more. If you have trouble depositing contact customer support and they will go out of their way to help you fund your account.
3. Place Your Basketball Bets – Now it’s time to start making money with your basketball knowledge. Head over to the basketball betting section of the sportsbook and begin to build your bankroll by placing sharp bets on basketball games!
Types of Basketball Bets
The three most popular types of basketball bets include betting the spread, the money line and the over/under.
Point Spread
Spread betting is generally the most popular and the most exciting type of basketball bet because it puts the two teams on an even playing field. In order for a spread bet on a favorite to win that team must win the game by more than “spread” amount. For example, if the Indiana Pacers are -4 point favorites over the Magic then the Pacers must win by 5 or more for a Pacers spread bet to payout. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout. If the Pacers win by exactly 4 points then the spread bets are “pushed” and the wager amounts are refunded.
Money Line
With money line betting you are wagering on which team will win the game outright. The odds associated with each team determine the amount a bet on either team wins with a certain risk. Continuing with the Magic vs Pacers example the odds might be something like -155 for the Pacers and +135 for the Magic. This means that you would have to wager $155 to win $100 betting on the Pacers, while you would have to bet $100 to win $135 betting on the Magic.
Total (Over/Under)
Over/under betting, also known as totals betting, involves wagering on how many total points will be scored in a game. The bookmaker sets a “total” and you can wager on whether there will be more or fewer than that many points scored in the game.
Bet On Basketball Games Online
Other Bets (Props and Futures)
Some other fun bets that can be made on basketball include prop bets and futures. Prop bets are any wager that isn’t directly affected by the final outcome of the game (how many points a player scores, which team scores first, etc). Futures bets include such things as which team will win the NBA Championships or the March Madness NCAA tournament.
Basketball Betting Odds
We touched on odds a little bit in the types of basketball bets section, but we will provide another example here. Typically you will see the American odds format when betting on basketball so let’s look at another example of that:
Xavier -5 (-110)
Butler +5 (-110)
In this example Xavier are 5 point favorites over the Butler Bulldogs. For a spread bet on Xavier to win they must win the game by 6 or more points and vice versa with Butler. The -110 indicates that you must bet $110 in order to win $100 betting on either outcome.
Basketball Betting Tips
- Home vs Away Games – Where the game is being played matters quite a bit in basketball. The fans play a roll in the game and it’s important to keep in mind if a team is at home or away before placing a bet.
- Streaks – Basketball seems to be more of a streaky sport than most others. When a team is firing on all cylinders they feel like they can’t lose and when things aren’t going their way it feels like they can’t hit a shot. You should include streaks in your basketball betting strategy.
- Be Patient – Keep your eye out for sharp bets, but don’t feel like you have to bet on every basketball game taking place on a given night. Betting on every game is a recipe for loss.
- Compare Lines – You will see this tip on nearly every page here at BetOnIt.org because it is that important. You should try to find the best line for the outcome you are choosing in order to have the best win rate and biggest return.
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Best College Basketball Bets Today
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