Last updated on: June 5th, 2023
Legal NBA Betting Sites
With legal NBA betting sites, finding basketball over-unders or lines is very popular. An expanded betting board makes the NBA one of the most bet on sports in the US, sometimes even leading some states. Odds are different at legal sports betting sites, so find the best NBA odds online before betting. Aside from that, utilize NBA playoff betting bonuses, especially if you have crypto. Mobile NBA sportsbooks also give an upper hand too.
- Constantly updated NBA Finals odds
- NBA betting bonuses up to $1,000
- Quick sign up process and fast payout methods.
Odds To Win 2023 NBA Finals
Legal NBA Finals odds are updated nearly every day at NBA sportsbooks, with every major piece of news, performance, and injury playing a factor in how the odds change. Current odds on the NBA Finals changed quickly after the Heat beat the Bucks. A complete list of NBA Finals odds for next year are available too.
- NBA Finals Odds
- Denver Nuggets -250
- Miami Heat +200
|Rank||Sportsbook||Bonus Offer||Play Now|
|1||75% Up To $750 Read Review||Visit Bovada!|
|2||50% New Member Bonus!Read Review||Visit BetOnline!|
|3||50% Up To $1,000 Read Review||Visit MyBookie!|
|4||100% Up To $300Read Review||Visit Xbet!|
|5||50% Up To $1,000 Read Review||Visit SportsBetting!|
Bovada gives you the opportunity to bet on the NBA all year round and are really good with having futures odds up at any moment. From the moment the NBA Finals come to an end from the season before, they’ll have title odds up for the following year. Shortly after, you can bet on conference championship and divisional odds as well. You’ll also be able to see how their futures odds shift from the time they open throughout the regular season and playoffs until they are decided.
- Bet NBA Specials
- Live Basketball Odds
- NBA Futures
- Crypto Accepted
If using cryptocurrency is your thing and you enjoy betting on the NBA, BetOnline should be your designated sportsbook. They are the industry leader when it comes to accepted cryptos on their site with over 15 accepted including Bitcoin and Ethereum. The best thing about using crypto on BetOnline is that they offer the fastest processing times for deposits and withdrawals and do not need you to pay any transaction fees on them either.
- Reliable Banking Methods
- Strong Server Connection
- 10+ Year Track Record
- Huge Assortment Of Odds
- No App Mobile Betting
Built for those who want to spice up the game by making fun wagers on it, MyBookie features odds not just one the NBA, but on the fanfare around the league. The NBA is the most social media friendly sports league, and you can bet on all sorts of NBA drama when you bet at MyBookie. During the offseason, the most popular bets at MyBookie are team win totals, and they’re posted early and updated often, so there’s lots of opportunity to hit a valuable play.
- Huge Player Bonuses
- Consistent Odds
- Easy Interface
- Rapid Live Betting
- Legal In Hawaii
NBA Playoff Trends
The NBA playoffs are one of the biggest times of the year for NBA online sportsbooks as all the games hold tons of weight and tons of value from a betting perspective. In situations like this, trends do hold weight as well and should be considered when deciding on who to bet on in a single game.
- The last 8 NBA Champions have been #1 or #2 seed in their conference.
- Other than the 2008 Cleveland Cavaliers, the 2010 Boston Celtics and 2020 Miami Heat are the only teams lower than #3 seed to make the Finals.
- Point total unders in the last seven payoffs have cashed at a 54% rate.
- Game 7 unders in the playoffs have cashed 61% of the time.
- Top 3 seeded teams that lose Game 1 of a series have gone on to win Game 2 65% of the time.
How To Register For An Online NBA Betting Site
To get started betting the NBA, you’ll need to register for an online sports betting account first and they are extremely simple to get started with. You’ll be required to give some basic information to get your account up and going, but as a whole, the process would take anyone just a few minutes to complete from the moment you start to having funds deposited to your account.
- First/Last Name
- Date of Birth
- Zip Code
- Phone Number/Email
- Create Password
- Choose Deposit Method
- Select Welcome Bonus
Shop NBA Betting Lines First
Line shopping is one of the most important things that you can do when betting on the NBA as it is how you find the most value for your bet. As for how to line shop, you’ll need a sports betting account with more than one NBA betting site. Using the Miami Heat odds to win the NBA Championship as an example, their odds differ between Bovada and DraftKings.
- Miami Heat Odds At Bovada
- Heat +225
- Miami Heat Odds At DraftKings
- Heat +180
When betting on the Heat NBA Finals odds, Bovada is offering more value on their odds than DraftKings. Betting $100 on their odds on Bovada would offer a payout of $225 if they came out on top compared to the $180 payout that you would make on their DraftKings odds on that same $100 bet.
Claiming NBA Betting Bonuses
Bonuses play a crucial role in your decision to sign up for an online sportsbook and they should. Some online NBA betting sites offer you up to $1,000 just for signing up and making your first deposit with them. Some of them even offer lifetime bonuses that give you bonus credits every time you make a deposit into your account. The great thing about all of these bonuses that they have to offer though is that you aren’t limited to just one bonus at one online betting site, you can sign up and use bonuses at every online betting site to your advantage.
- Bovada: 50% First Deposit Match Up To $250
- Bovada: 75% First Crypto Deposit Match Up To $750
- BetOnline: 50% First Deposit Match Up To $1,000
- BetOnline: 100% First Crypto Deposit Match Up To $1,000
- BetOnline: 25% Reload Bonus Up To $250 on Every Deposit
- BetOnline: 35% Crypto Reload Bonus Up To $350 On Every Deposit
- MyBookie: 100% First Deposit Match up To $1,000
- MyBookie: 25% Reload Bonus Up To $250 On Every Deposit
Making Deposits At Online Sportsbooks
You’ll need to make an online sports betting deposit into your account by several different financial methods. Try using a credit card to bet on sports but be aware of their fees. Often, NBA sportsbooks accept cryptocurrency deposits too and allow for higher maximums and lower minimums. Any legal sports betting site has deposit limits to follow, possibly some fees, and processing times to understand.
Funding Ways To Bet The NBA
- Credit/Debit Card
- Wire Transfer
- Money Order
NBA Betting With Cryptocurrency
Crypto betting sites with NBA odds go hand in hand in 2023. Some NBA teams themselves will let you make purchases with crypto as well. Betting on the NBA with Bitcoin and Ethereum is available all over. But BetOnline allows for betting the NBA with APE Coin, USDC, SHIBA and more. It doesn’t matter which crypto you choose from, they may be able to make the connection. Funds transfer directly from your crypto wallet to your account in a quick and secure manner.
Requesting A Withdrawal From A Legal NBA Online Sportsbook
Requesting a payout from an online NBA betting site is simple and doesn’t require much thought other than following the process and confirming you are making a withdrawal. The betting sites even go as far as listing out the sports betting withdrawal process for you to follow.
- Select the “payouts” tab from your account
- Choose the payment method you want to request your withdrawal with
- Enter how much of that currency you want to withdraw from your account
- Confirm with the betting site that you are the one making the request
Collecting Your NBA Betting Winnings
You have many different options when it comes to getting paid out your winnings from an online NBA betting site. The first thing to know is you can only make a cryptocurrency withdrawal if you made your deposit with cryptocurrency. Also, no sportsbook will payout on a credit or debit card. Regardless of which method you choose, you’ll need to know the sportsbooks’ fees or processing times on top of their limits too.
NBA Betting Withdrawal Methods
- Wire Transfer
- Check By Courier
- Money Order
NBA Betting Wager Types
Moneyline NBA odds are the simplest of NBA bets that you can make as it is just betting on the overall winner of a single game. Depending on the odds of the game, payouts can differ based on the favored and longer odds.
Betting totals are easy to understand as you are just betting on the total combined points in a single game from both teams. With these odds, you are betting on whether the total points will go over or under the set total.
Futures betting is one of the most popular bets that you can make on the NBA season. Depending on which NBA futures odds you’re looking at, they can open as early as the day after the NBA Finals from the season prior. It is also worth noting that futures odds shift all throughout the regular season and even offseason depending on what is happening at that point. Different NBA futures odds include NBA Championship odds, conference championship odds, division championship odds, MVP odds, Rookie of the Year odds, and several more.
Betting on the spread is similar to betting on the moneyline, however, it has to do with the winning margin between the winner and loser of the game. You can either bet on the margin the winner will win by or by how much the underdog will lose by.
Player prop/Team prop
Player and team props are what make betting on the NBA enjoyable. Here you can bet on specific player performances such as their total points, rebounds, assists, and more. As for the team prop odds, you can bet on first and second half odds, total three-pointers, total rebounds, and many more aspects of the game.
Parlay betting is where you are betting on two or more NBA betting lines in the same bet. What you do is choose whichever gamelines, player props, or game props, and the sportsbooks will set combined odds for them. You can intertwine them as well and parlay gamelines with player props.
Other Ways To Bet On The NBA
There are other ways to bet on NBA games and one of the most popular includes futures bets. These are based on possible outcomes that can happen well before the season even starts. This could include possibly betting on the Golden State Warriors to win the Western Conference, betting on the 76ers to win their division, betting on the Lakers to make the playoffs and more. The odds listed for futures bets change throughout the course of the NBA season and will often provide the best payouts at the beginning of the season.
2023 NBA Draft Odds
Popular NBA sportsbooks BetOnline have odds on the 2023 NBA Draft. Victor Wembanyama is the heavy favorite to go first overall, with his odds to be the top pick opening at -1000 over the rest of the entire field. Scoot Henderson was the only other player to individually receive odds, which were +1000. All other players were given +825 odds combined to be the top pick.
- Victor Wembanyama -1000
- Scoot Henderson +1000
- Other +825
NBA MVP Betting
One of the most coveted awards in the NBA is the NBA league MVP award that is given to the standout player every year. Sportsbooks see a lot of action every year but the MVP award is usually all about narratives. Because of this, betting the NBA MVP is the most unpredictable award year in and year out. Nikola Jokic of the Denver Nuggets won the award two years in a row at +2500 and +1600 odds.
NBA Defensive Player of the Year Odds
The NBA Defensive Player of the Year (DPOY) award is based on the player who has shown the most lockdown defense on the season. Highly debated among fans and sports analysts, the NBA Defensive player of the year odds are where the media leans. Some voters may lean towards betting on a rim protector, while others may lean towards betting on a wing stopper. Just to show how things can swing with the DPOY award, Marcus Smart (+4000) became the sixth guard to win the award in history.
Betting The NBA Most Improved Player
The NBA Most Improved Player (MIP) award does not have any set criteria but is always one of the most exciting awards given out every season. It anoints a player that had a breakout season and may have become an All-Star. MIP debates often revolve around if former top picks should be eligible, given that they were expected to become stars following rookie seasons. Despite those debates, those betting the NBA Most improved player award cashed on lottery picks in Ja Morant (+3000), Julius Randle (not on original odds boards), and Brandon Ingram (+4000).
NBA Sixth Man Award Betting
The NBA Sixth Man of the Year award has gone to many big names who come off the bench. Fue to the candidates being role players, it’s harder to predict who will have that impact to win the award, but team wins is often a big factor. Regardless, NBA sixth man award betting is fun when looking at longshots or players who could be starters.
Odds On NBA Rookie of the Year Award
Odds on the NBA Rookie of the Year Award is only behind the MVP in terms of betting action. The best young prospects see their odds shift with each big game or poor performance, and the NBA Media’s narratives greatly affect this award. Odds for the NBA Rookie of the Year award are available as early as right after the NBA Draft. Taking players’ odds before the season starts is often the best way bet the NBA rookie of the year.
NBA Trade Betting Odds
When midseason in the NBA approaches, top NBA betting sites such as Bovada and BetOnline offer odds on potential destinations for some of the marquee names at the trade deadline. These legal NBA trade deadline betting may fluctuate by the day, with performance, interviews, and trade requests all affecting odds.
Live betting on NBA games is the most fast-paced form of sports betting there is. That’s because while all the other wagering types we discussed are locked in at opening tip-off, live bets are placed as the game is playing out in real-time. If you think a certain player is going to miss an upcoming free throw then you can bet on it. If you believe an upcoming inbound play is going to result in a turnover then you can bet on that too. These odds change frequently so you have to be quick in order to make the most out of every NBA game. Read more about live in game betting here.
Mobile NBA Betting
With these online betting sites, you won’t have to worry about being next to a computer to bet on the NBA as they each offer some incredible mobile betting platforms. These sites have optimized their sites to offer you all of their features from any handheld device that has access to the internet. All you have to do is enter the sites URL to the web browser on that device and log in as you would on any computer. Once you log in, you can place bets, use bonuses, deposit, and withdraw all from the palm of your hand. Some of the popular mobile betting devices to use include:
- Google Pixel
- Samsung Galaxy
- LG Wing
Online Versus Land-Based NBA Betting
Betting at land based sportsbooks has benefits, but so do legal online sportsbooks. Land-based NBA betting is oftentimes found in a casino setting. There are plenty of TVs to watch games as well as food and drink available while you watch your bets play out. But, land-based sports wagering comes with hidden costs (travel, hotel, etc.). If you plan to bet on a popular home team then you could see inflated betting lines as well.
This is the advantage that comes with betting on the NBA online. You can bet on the NBA wherever you have an internet connection. You’ll be able to see the fairest betting lines for any game that’s about to tip-off. They also come with promotional deals and bonuses to take advantage of. With many ways to deposit into your NBA sportsbook, these are a few differences. The best benefit with legal NBA betting sites is the ability to bet live and in-game.