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NBA Betting Sites in 2020

Updated: July 7, 2020

Selecting a reliable NBA betting site doesn’t need to be difficult. You don’t need to spend countless hours of research comparing the options to find a highly rated site that offers excellent odds and a rewarding betting experience.

Sports Betting Dime combines industry research and analysis with personal experience to review and rank the best places to bet on NBA basketball. Let’s explore the key info you need to pick the best NBA betting site for you.

Overall Best NBA Betting Sites

  1. DraftKings

    DraftKings has gone from daily fantasy powerhouse to one of the best options for legal US sports betting. Expect great promos and one of the smoothest betting apps out there.

    Bonus: Up to $1,000 Credit
    More Info Icon
    Rated 5/5
  2. FanDuel

    FanDuel has built on their daily fantasy success with a flawless betting app and excellent online sportsbook. Find a superior live betting experience and lots of features for new bettors.

    Bonus: $500 Risk-Free Bet
    More Info Icon
    Rated 5/5
  3. BetMGM

    BetMGM brings the famed casino brand online with a top-notch betting app and online sportsbook developed by experienced pros at Roar Digital.

    Bonus: $500 Risk-Free Bet
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    Rated 5/5
  4. Caesars Sportsbook

    Caesars brings ultimate flexibility to the world of online sports betting with tons of banking options, competitive odds on all major sports, and few restrictions when it comes to constructing parlays.

    Bonus: 100% up to $300
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    Rated 5/5
  5. PointsBet

    This Australian brand is taking the US market by storm with a new way to bet spreads, totals, and props. Try PointsBetting for something entirely new or find great odds on traditional wagers.

    Bonus: $1,000 Risk-Free Bets
    More Info Icon
    Rated 5/5

How SBD Ranks NBA Betting Sites

Sports Betting Dime combines a range of methods to evaluate the pros and cons of every online sportsbook we review. First-hand experience betting with each site is the most important component of our approach.

The SBD review process begins the same way it does for any new sports bettor – we download the betting app, open an account, deposit real money, and place a wide variety of wagers before passing any judgment on the site’s overall quality and user experience.

These are some of the key factors most important to our reviewers:

  • Is this NBA betting site licensed to operate legally?
  • What do the deposit and withdrawal options look like?
  • How usable and enjoyable is the actual sportsbook?
  • What NBA betting types and contests are available?
  • How well does the app function?

Of course, any ranking requires comparing the quality of each site with the competition.

Rather than basing these comparisons on opinion alone, we regularly engage in research to identify industry standards. The results are published online, like this report analyzing fees charged at online sportsbooks.

We’ve thoroughly evaluated every site featured above based on these criteria. Below, we break down a few specific factors to help you decide which option is best for the way you like to bet on NBA games.

Understanding NBA Betting Sites: What to Look For

 

Finding a great NBA betting site starts with a look at the odds and wagering options.

Every online sportsbook and great basketball betting app will offer moneyline, point spread, and totals (over/under) bets for all regular season and playoff NBA games, in addition to opportunities for NBA Championship betting and wagering on the NBA All-Star Game.

Depending on your preferences, you’ll want to look for odds that offer both variety and value. Some sites also offer more exotic wagering options for those who like to mix things up beyond betting on game outcomes.

Additional NBA Betting Odds

In addition to the standard options outlined above, NBA bettors want to find a site with two additional offerings: NBA props and futures bets. The variety of these secondary lines on offer is one of the biggest differentiators between basketball betting sites.

NBA Player Props:

Basketball is dominated by key players. Compared to most other team sports, stars have an outsized influence on the outcome of every game.

That means there’s lots of opportunity to wager on specific performances rather than game outcomes.

NBA player props ask you to wager on the performances of individual players. Some NBA betting sites will even allow you to create your own, choosing the players and statistics you want to bet on.

NBA Team Props:
Like player props, NBA team props ask you to wager on elements of the game other than the outcome itself. Of course, the propositions are related to team performance metrics rather than those of specific players.

Common team props include things like which team will score first, number of fouls, and a wide range of other options.

NBA Futures:

Basketball futures are wagers on events that occur in the relatively distant future. These wagers relate to both team and individual performances.

If you’re longing for some off-season action, you could place a July wager on next season’s Player of the Year or NBA Champion, for example.

Odds on futures lines tend to vary more between basketball betting sites than those for individual games. That means there’s lots of opportunity to shop around and identify the best value for your money.

SBD’s basketball futures trackers allow you to quickly compare the options.

NBA Odds Include Vigorish – The Sportsbook’s Fee

NBA betting sites do not make money from wagering on the games themselves. Instead, they charge a fee to handle wagers, which is usually called the juice, vig, or vigorish.

The fee is usually hidden within the odds themselves. This can make it harder to quickly compare the amount charged for various NBA lines at different online betting sites.

It’s worth considering the effect they’ll have on your bankroll, especially if you plan to bet consistently or wager large amounts. Comparing the odds at various NBA betting sites is essentially a search for the book charging the least handle your wager.

To help you quickly find value bets, Sports Betting Dime has completed market research regarding the standard amount of juice online sportsbooks should charge. You can check out the full industry report here.

NBA Line Movement – How Often Do the Odds Change?

Each NBA team plays 82 games per season, meaning they will often play back-to-back evenings and rarely have more than three days between games.

There are a handful of games every day during the NBA regular season, and the fast pace keeps the oddsmakers busy.

The crowded schedule means that most sportsbooks release NBA betting odds on game day or the night before. As such, line release times aren’t a huge differentiator between sites for NBA betting.

That said, NBA odds can shift substantially in only a couple of hours. The line moves as a result of game-related factors such as lineup changes, but it’s more frequently the result of heavy betting action on one side.

Some online sportsbooks are more responsive than others, shifting the line more often in the leadup to an NBA game. This responsiveness is appealing to those who want to bet against the public or capitalize on reverse line movement.

Best Betting Site for NBA Odds: William Hill

William Hill is your best bet for finding appealing NBA odds. The brand offers competitive ‘vig’ rates, frequently charging less than the competition to handle the same wager.

With lots of betting options including alternate spreads and creative prop betting options, and the best value-for-money in the business, William Hill is our choice for NBA betting odds.

Pros:

  • You can wager on a huge range of team and player props well ahead of tip-off
  • Lower juice on pre-game NBA lines will bolster your bankroll over the long run

Cons:

  • User interface and website design are a bit outdated

Deposits & Withdrawals at NBA Betting Sites

Every site featured here offers reliable payouts when the time comes to cash out. Of course, most bettors want to find the site that offers the quickest payouts and simplest way to make deposits.

Below you’ll find a few choices with a wide variety of different deposit options. The best NBA betting sites accept deposits via a wide range of payment methods you already use daily.

NBA Betting Site Deposit Methods

NBA Betting Site Credit Cards ACH Transfer PayPal PayNearMe
FanDuel Yes Yes Yes Yes
DraftKings Yes Yes Yes Yes
PointsBet Yes Yes Yes Yes
BetMGM Yes Yes Yes Yes
William Hill Yes Yes Yes No

Expect slightly more limited withdrawal options from all online sportsbooks. These limitations are the result of regulations, not the choice of the sportsbooks.

That said, all good basketball betting apps and sites will offer a handful of instant withdrawal options. PayPal and ACH transfers are often the fastest and most convenient choices.

Best NBA Site for Easy Deposits & Withdrawals: BetMGM

BetMGM offers users a truly staggering number of payment options, all of which come with fast processing time and without fees.

Whether you want to use cash, credit, bank transfer, or eWallet, they’ve got you covered.

Pros:

  • Typically delivers withdrawals faster than the advertised timeframe
  • Extremely responsive customer service will quickly resolve any issues

Cons:

  • $20 minimum on withdrawals

NBA Betting Site Bonuses

NBA betting bonuses are another great way to ensure you’re finding the best value when wagering on professional basketball.

NBA bonuses are most commonly seen in the form of deposit or sign-up bonuses when you open a new account. Almost every NBA betting site offers them, but some offer far more value than others.

You should also consider ongoing promotions. Many sites offer enhanced odds or free bets on select NBA games.

Pay attention to both the amount of the bonus and any restrictions on related withdrawals. Here are the best offers worth your consideration.

Betting Sites with NBA Bonuses

Betting Site NBA Bonus Learn More
FanDuel $500 Risk Free Bet Full review
DraftKings $1,000 Risk Free Bets/Deposit Match Full review
PointsBet $200 Risk Free Bets  Full review
BetMGM $500 Risk Free Bet Full review
William Hill $150 Deposit Match  Full review

Best Site for NBA Bonuses: DraftKings

DraftKings offers an incredibly generous bonus to new users. They will match your first deposit 20% up up to 500 bucks. You’ll get another $500 in the form of a risk-free bet.

The total value of the DraftKings bonus offer is an impressive $1,000 for those making bigger deposits.

Pros:

  • Biggest welcome bonus for NBA betting
  • Tons of ongoing promotions continue providing value after the first deposit

Cons:

  • Need to make a large initial deposit to get the full bonus

Evaluating the NBA Betting Experience at Online Sportsbooks

There are a few basics that any online betting site needs to get right. Trustworthiness, the proper license to legally operate, competitive odds, and enticing bonuses are all givens no site should be without.

In addition to these standard expectations, there are a few NBA-specific considerations you’ll want to make when selecting an online sports betting site.

The best NBA betting sites have mastered two key elements of the online wagering experience:

  1. Excellent live, in-game betting opportunities
  2. Superior experience when betting with the app

Lots of Live Betting Opportunities

Betting on live action is the future of sports betting, and NBA basketball is no exception. Live NBA betting ups the excitement by allowing you to respond directly to the progression of the game in real time.

The odds will be adjusted constantly as the game progresses, with new props becoming available throughout.

Traditional wagers like spread, totals, and moneyline bets will ‘open’ and ‘close’ throughout the game, giving the sportsbook time to readjust the odds or avoid a risky betting line entirely.

There are several wagers that are only offered as in-game bets. If you’re decisive and enjoy fast-paced action, keep an eye out for the following live NBA bet types:

  • Which team will make the next three-pointer?
  • Will Player X Score 50 points (O/U)?
  • Which player will make the next shot?
  • Which player will make the next steal?
  • Will free throws be good?

NBA live betting lines will look familiar to anyone who’s placed a pre-game wager at an online sportsbook:

When searching for the best NBA betting site to enjoy these unique props and real-time traditional wager types, there are two key qualities you need to keep in mind.

  1. The variety of live betting lines available
  2. The consistency of odds and line availability: live betting lines often disappear or change the odds when you try to place a wager

Best NBA Site for Live Betting: DraftKings

If you’re looking for the best overall live, in-game NBA wagering experience, we strongly recommend starting at DraftKings

Lots of NBA betting sites will offer a range of intriguing props, but DraftKings stands ahead of the competition with an entirely new way to bet on live action: Flash Betting.

Flash betting offers a faster, more interactive live betting experience where you can wager on virtually every play. New lines appear and disappear every minute.

Pros:

  • DraftKing’s Flash Betting offering is a faster, more engaging way to place live bets
  • The platform is optimized for fast performance – allowing you to enjoy the fast pace without frustration

Cons:

  • Odds at DraftKings aren’t always the best in the business

Strong Betting App

The best thing about betting on basketball online is that you don’t need to visit a casino to get in on the action.

Betting from the comfort of home is great, but betting from the convenience of an app on your mobile phone is even better.

Whether at the stadium or your local sports bar, the best NBA betting apps let you enjoy the game anywhere without missing a single wagering opportunity.

Every basketball betting site recommended on this page features a mobile-optimized site that makes it easy to securely place NBA wagers on the go.

Best NBA Betting App: FanDuel

The best NBA betting apps are defined by pages that load quickly and an interface that makes it easy to evaluate the options and place your bets on a smaller screen.

No doubt – a clean and intuitive site design matters significantly more when you’re working with a 5” screen.

FanDuel’s sportsbook app is optimized based on years of experience building a mobile-first daily fantasy sports platform. They’re more a tech company than a traditional gambling company, and the differences are clear as soon as you experience their simple and easy to use betting app.

Pros:

  • Pages load quickly even when using data or with weaker WiFi signals
  • Many users find the mobile interface even easier to use than the desktop version

Cons:

  • There are separate apps for daily fantasy and sports betting

Online NBA Betting Legality

Every sportsbook featured here is fully licensed and regulated to operate in the United States. Licenses vary on a state-by-state basis, and not all states currently allow online gambling.

Make sure you understand the laws in your region and ensure you’re playing within them when wagering on any sport event online. Only those sites that are allowed in your location should allow you to access the sportsbook and place wagers over the internet.

Ready to Make Your First Bet?

Once you’ve found the NBA betting site best suited to your personal preferences, it’s time to make a deposit and place your first basketball wager.

Take a moment to learn the basics of NBA betting before you jump into the action. Once you’ve mastered the basics, keep an eye on NBA odds and line movement and search for the most profitable teams to bet on with Sports Betting Dime’s proprietary sports analytics platform.