Best NBA Betting Sites May, 2024 – Complete NBA Betting Guide

NBA betting provides an abundance of opportunities to enjoy the thrill of gambling and potentially earn a profit. With each NBA team playing 82 games during the regular season, there is a wealth of matchups to wager on. Moreover, the NBA is fast-paced and high-scoring, coupled with a range of betting options, each adding to the allure of NBA sports wagering.

If you’re looking to get in on the NBA betting action, you’re in the right place. This guide reveals the top 10 sportsbooks to place bets. Also, we’ve curated insightful betting predictions and useful tips and strategies to improve your winning chances. Read on to discover the exciting world of NBA sports betting.

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Best NBA Betting Sites for 2024

Having thoroughly evaluated numerous US sportsbooks, our expert team has curated a definitive list of the top 10 NBA betting sites. These platforms are offshore-based and guarantee a safe gaming experience.

1. BetOnline – Best Overall NBA Betting Site in 2024
2. Bovada – Top Sportsbook for NBA Futures
3. MyBookie – NBA Betting Site with Contests
4. BetUS – Expert Prediction & Analysis of NBA Games
5. BetWhale – Best Site for NBA Live Betting
6. BetNow – Ideal for NBA Player & Team Props
7. XBet – Build NBA Same-Game Parlays
8. SportsBetting.ag – Early NBA Betting Lines
9. BUSR – Resources on How to Bet on the NBA
10. Jazz – Props Builder for NBA Betting

NBA Sportsbook Reviews

What sets these offshore sportsbooks apart from the rest? Let’s take a closer look at our top 5 NBA sports betting sites and highlight these platforms’ unique features and functions. Also, we’ll touch on some areas for improvement.

1. BetOnline – Best Overall NBA Betting Site in 2024

BetOnline stands out as our top pick for NBA betting in the US, boasting a reputed Panama license and over 25 years in the online gaming community. Basketball enthusiasts will enjoy wagering on this platform’s wide array of markets and bet types, from player and team props to futures, parlays, same-game parlays, if bets, and teasers.

Another feature that sets BetOnline apart is the “Odds Boosters” function, which enhances the odds and potential payouts of select NBA games. Additionally, the platform is famed for its early release of odds, allowing users to place bets on NBA championship winners or MVP candidates even before the season commences.

Beyond the NBA, BetOnline features odds on college basketball and WNBA, giving basketball bettors variety and more options. Moreover, you can navigate to the Live Betting suite to wager on live games, leveraging BetOnline’s match tracker and real-time odds updates to make informed decisions. Sign up to this NBA online betting site today and earn a 50% welcome bonus on signing up, plus $50 live and prop free bets.

2. Bovada – Top Sportsbook for NBA Futures

Renowned for its reliability, Bovada holds gaming licenses from two esteemed jurisdictions: Anjouan and Curacao. Also, with a strong presence in the industry since its inception in December 2011, Bovada has solidified its spot as one of the best NBA sportsbooks.

When it comes to outright betting on the NBA, Bovada is your perfect pick. The sportsbook has a dedicated ‘NBA Futures’ page, where you can find various exciting team futures markets. From predicting the NBA Champion to specifying the exact NBA Finals matchup or outcome, Bovada caters to every basketball bettor’s preferences. It’s also worth mentioning that Bovada’s futures odds are attractive and competitive, giving gamblers a chance to earn big payouts.

In addition to these traditional futures, Bovada provides an excellent live betting suite with dynamic graphical displays and special NBA markets, such as “Where Will Brandon Ingram Play Game 1 of the 2024/2025 Season”. Moreover, you can explore odds for player achievements like Eastern Conference Finals MVP and Finals MVP.

3. MyBookie – NBA Betting Site with Contests

MyBookie is another one of the best NBA betting sites, thanks in no small part to the NBA contests on offer. The site regularly features Brackets contests on major tournaments like March Madness, NBA Playoffs, NBA Finals, and more. With low entry fees and the potential for substantial prize pools reaching up to $10,000, these contests add an extra layer of excitement to NBA betting.

In addition to these engaging contests, MyBookie provides a highly rewarding VIP program to spice up users’ gambling experience. As a member of the MyBookie VIP+ exclusive community, you gain access to a world of perks, prizes, promotions, and personalized services. As your VIP status rises, your betting limit and deposit options increase as well.

Looking for even more excitement? You can head to MyBookie’s live betting suite and wager on ongoing games at competitive odds. Furthermore, MyBookie allows multiple selections on a single NBA game, further enhancing the potential for fun and profit.

4. BetUS – Expert Prediction & Analysis of NBA Games

Established in 1994, BetUS has been in operation for over 30 years, making it one of the oldest NBA betting sites in the US. Guaranteeing a safe gaming haven, the sportsbook holds a valid license from the Autonomous Island of Mwali and features only secure payment options. These banking methods include debit/credit card, bank wire, and four major cryptocurrencies, including Bitcoin.

An outstanding feature of the platform is the NBA Show, where BetUS’s expert handicappers analyze NBA games and provide amazing free picks. The presenters discuss big NBA matchups, offering insightful analysis to help you make informed betting selections. Using tips from these shows, you can proceed to wager on the numerous NBA props and futures available.

In addition, BetUS’s bonuses are some of the biggest in the sports betting industry. The site offers new customers an enticing welcome offer worth 100% up to $2,500 on their first three deposits. Meanwhile, returning players can take advantage of re-up bonuses and a loyalty program.

5. BetWhale – Best Site for Live NBA Betting

Launched in 2023 with a license from Anjouan, part of the Union of Comoros, BetWhale is one of the fresher faces in the NBA betting arena. Despite being a newcomer, the platform offers an entertaining experience, notably through its live betting suite. Here, you can find all ongoing NBA games alongside a plethora of available bets.

BetWhale updates its odds constantly based on the game’s progress, allowing you to make informed wagers. Moreover, the sportsbook provides a variety of betting markets for live games, including moneylines, spreads, totals, and player and team props.

Beyond the NBA, BetWhale covers basketball leagues and tournaments worldwide, including prestigious events such as March Madness, the EuroLeague, FIBA World Cup, Summer Olympics Men’s Basketball, Liga ACB, and much more. Sign up to BetWhale today and earn a 125% welcome bonus to kickstart your NBA betting journey.

Best Online NBA Online Betting Sites Compared

Let’s line up the best NBA sportsbooks side-by-side, comparing their distinct NBA betting features and offerings.

How We Select the Best NBA Betting Apps & Sites

Our team of experts considered certain key metrics when selecting and ranking the best NBA betting sites. We discuss these metrics below.

Range of Bets

The best NBA sportsbooks offer a range of betting options to give customers the most exciting gambling experience. We handpicked sites that provide odds on traditional markets like moneylines, spreads, and totals. We also checked that more exotic wagers, such as props, futures, and parlays, are available.

Bonus & Promotions

Bonuses and free bets provide bettors with extra funds to place additional wagers and potentially boost their payouts. We’ve selected NBA betting sites with various new and existing customer promotions. These include deposit matches, risk-free bets, free bets, loyalty programs, boosted odds, and parlay insurance.

Safety and Security

In 2023, more than 298,000 people in the US fell victim to phishing attacks, highlighting the prevalence of online scams. To protect gamblers from such threats, we’ve selected NBA online betting sites that feature robust security features like SSL encryption, two-factor authentication, and self-exclusion options. Additionally, we ensured that each site holds licenses from reputable jurisdictions.

Payment Methods

Seamless transactions can elevate your NBA betting experience significantly. For this reason, we picked out NBA sportsbooks that support a variety of payment options. These include bank transfers, eWallets, debit or credit cards, and cryptocurrencies. In addition, we verified that the sites offer low or no processing fees and instant payouts.

Live Betting & Live Streaming

Our ranked NBA sports betting sites provide a live betting section where players can wager on ongoing NBA games. These sites offer real-time odds updates and a comprehensive match tracker, allowing you to capitalize on changing game dynamics and make informed betting decisions in the heat of the action. Some of these platforms also offer live streaming of select NBA games.

Customer Support

Sometimes, bettors need to reach out to customer support, whether for general inquiries or account management. We selected NBA sportsbooks that provide multiple round-the-clock support channels like phone, email, live chat, and FAQs. Also, we verified that the support agents give prompt and helpful responses to queries.

Is NBA Betting Legal in the US?

Before 2018, the Professional and Amateur Sports Protection Act of 1992 (PASPA) prohibited most U.S. states from regulating sports betting. However, in a landmark decision, the Supreme Court overturned PASPA in 2018, allowing individual states the autonomy to decide whether or not to allow sports betting within their borders.

Fast forward to 2024, and the landscape has changed significantly. Over 30 states have legalized sports wagering, including NBA betting, with more likely to follow soon. Below, we look at the legal status of different forms of NBA betting in each US state.

Types of Bonuses Available for NBA Betting

The best NBA sportsbooks offer various promotions to attract new customers and boost players’ gambling bankroll. Also, these bonuses help to build customer loyalty and increase deposits and engagements. Below are the most common types of promos available for NBA betting.

Deposit Match Welcome Promotion

These are bonus funds given to new customers as a warm welcome gesture. How does it work? When a new user signs up and makes an initial deposit, the NBA sportsbook says ‘thank you’ by matching that deposit by a particular percentage. For example, BetUS offers newcomers an enticing welcome bonus worth 100% up to $2,500.

Reload Bonus

Following the initial welcome bonus, many NBA sportsbooks entice bettors to continue their engagement by offering a reload bonus. Typically, this bonus involves the NBA betting site matching a returning player’s subsequent deposits by a certain percentage, up to a predetermined maximum amount. For example, MyBookie offers a percentage of every customer’s reload deposit as a bonus, up to $1,250.

No-Sweat Bet

The sportsbook offers a refund or insurance on a bet if it loses under specific conditions. For example, an NBA sports betting site may return players’ stake amount if their backed team loses by a small margin.

Odds Boosts

These promotions involve an NBA sportsbook enhancing the odds of certain basketball games or competitions to attract more action. These boosts can increase a bettor’s potential payout if the wager is successful. SportsBetting.ag offers odds boosters on select NBA games every week.

Cash Rebates

Rebates are given to bettors as a percentage of their losses over a particular period. For instance, MyBookie offers a no-sweat promo, promising players a 10% rebate of up to $100 on any losses accrued on Monday.

Crypto Promos

The best NBA betting sites offer special, exclusive, and more enticing bonuses to customers who make payments using cryptocurrencies like Bitcoin and Ethereum. For example, Bovada offers a 75% crypto welcome bonus, capped at $750, to new customers. Meanwhile, the site’s regular sign-up offer is a 50% match bonus of up to $250.

NBA Specials

These are promotions tailored specifically for NBA betting. They may include enhanced odds, special and exciting NBA betting markets, contests, or exclusive bonuses. For example, BetOnline features a $10,000 NBA Playoff Bracket, where players make their playoff picks. The top player wins $500.

Let’s look at some other NBA Specials you can find at our recommended NBA betting sites.

• $200,000 Bracket Madness – BetOnline

• Next Lakers Coach After Darvin Ham – Bovada

• $50,000 Sweet 16 Bracket Contest – SportsBetting.ag

• LeBron James’s Next Team If Not LA Lakers – BetOnline

Bonus Comparison at the Best NBA Sportsbooks

The table below shows the different bonuses and promotions available at our top 10 NBA betting sites.

Payment Methods at the Best NBA Betting Sites

What payment methods are available at the best NBA sportsbooks? We find out in the table below.

Deposit Options

Find out the payment methods you can use for deposits at our ranked NBA online sports betting platforms.

Withdrawal Options

You can withdraw funds at the best NBA sportsbooks using the banking options in the table below.

NBA Betting Apps & Mobile Wagering

In a 2023 survey, 74.6 percent of respondents preferred placing bets online or via mobile over in-person wagering. This statistic underscores the growing popularity of online gambling, prompting top NBA sportsbooks to develop dedicated sports betting apps to cater to their customers’ changing preferences. These apps offer convenience, personalized services, exclusive bonuses, push notifications, and more.

Although none of our recommended NBA betting sites have a downloadable app, they all provide a mobile-optimized site compatible with Android and iPhone. These sites feature a responsive design, fast loading speed, simple navigation, and thumb-friendly interface.

How to Read NBA Odds

In NBA sports betting, a minus (-) sign often represents the favorite team, while a plus (+) sign signifies the underdogs. That said, sometimes, both teams may have negative betting odds. In such cases, the team with the higher negative number is considered the favorite.

In the NBA matchup between the Dallas Mavericks and the Oklahoma City Thunder above, the former are underdogs, indicated by the plus (+) sign associated with their moneyline odds. If you bet $100 on the Mavs and they win, you would earn a $150 profit, resulting in a total return of $250.

Conversely, the Thunder are favorites in this game. To earn a $100 profit on a bet placed on this NBA side, you would need to wager $170.

When it comes to spread betting on this same game, you’ll find that both teams have the same sign and odds (-110). However, the Mavs are the underdogs because of their +4 spread points, while the Thunder are favored with a -4 spread.

If you wager $110 on the Thunder and they win by more than 4 points, your bet would be successful, yielding a $100 profit. On the other hand, for your $110 wager on the Mavs to win, the team must either win the game outright or lose by no more than 4 points.

Popular NBA Betting Lines

Before you start NBA sports betting, you need to understand your options. Hence, let’s explore some popular NBA betting lines at the sharpest sportsbooks.

Moneyline

This is the most straightforward line in NBA betting. It involves backing one of the competing teams to win the game outright.

Spread

When spread betting on an NBA game, you’re predicting the margin of victory. The sportsbook assigns a point spread. Then, you either bet on whether a team will win by more than the specified spread (for favorites) or lose by less than the spread (for underdogs).

Total Points

It is also known as Over/Under. Here, you’re predicting the combined score of both teams at the end of the game, including overtime. The NBA betting site sets a total points number, and then you wager on whether a team will score more or less than the specified number.

Futures

Also known as outright betting, futures involve wagering on events or outcomes that will happen at a later date. For example, you can predict which team will win the championship or which player will win MVP even before the regular season commences.

Props

These are wagers on specific events or statistics within an NBA game that don’t necessarily relate to the final score. Props bets can cover a wide range of possibilities but are often focused on player performances or specific outcomes during the game. For example;

• First Point Scorer

• Number of Blocked Shots

• Total Rebounds

• Team to Score Last

• Will there be Overtime?

Parlays

This involves combining multiple bets into one wager. All individual bets within the parlay must be successful for your parlay to win. Parlays often offer big payouts, but they can be difficult to win.

NBA Live Betting

When live betting on the NBA, you’re placing bets on an ongoing game. As a sportsbook’s odds fluctuate based on occurrences on the pitch, you can take advantage of the changes and earn a profit.

What are NBA Betting Splits?

NBA betting splits are the percentage of bets placed on each side. This information can be valuable to NBA bettors, as it offers insights into how the betting public perceives a particular game.

Usually, NBA betting splits include data on the percentage of bets as well as total money wagered on a particular game or market. For example, if 60% of bets and 80% of money are placed on the LA Lakers to win an NBA game, it suggests heavy betting activity and confidence from the public in the Lakers.

NBA sportsbooks often display betting splits to help bettors see which side of a bet is receiving more action. This information can help them discover trends and patterns and make more informed decisions.

Important Dates for NBA Sports Betting

Stay ahead in your NBA sports betting by marking these key dates on your calendar.

Expert NBA Betting Predictions 2024 – Teams

Looking to place wagers on the 2024 NBA playoffs and the upcoming 2024 NBA finals? Below are three NBA teams to put your money on.

Boston Celtics

With 17 NBA championships to their name, the Boston Celtics are one of the most successful teams in NBA history. Having lost the 2022 NBA finals to the Golden State Warriors, the Celtics are big favorites to return to the big stage and clinch the championship in the 2024 season.

They finished top of the Eastern Conference in the regular season, and with free-scoring Jayson Tatum and Jaylen Brown in their ranks, you cannot bet against this side.

Indiana Pacers

Despite finishing 6th in the Eastern Conference, the Indiana Pacers are in a good position to reach the 2024 Eastern Conference finals. They began their semifinal clash in poor form, losing the first two games against the New York Knicks.

However, with the Knicks enduring injury woes recently, the Pacers have clawed their way back into the tie. We expect Tyrese Haliburton’s side to take advantage of the Knick’s injury crisis to reach the conference finals.

Denver Nuggets

Having won their maiden NBA championship in the 2023-24 season after defeating the Miami Heat, the Denver Nuggets are favorites to appear in the NBA finals once more in 2024. And with the formidable duo of Nikola Jokic and Jamal Murray racking up the points every week, it’s hard to see why not. We expect the Nuggets to navigate their way to yet another shot at the championship title.

Expert NBA Betting Predictions 2024 – Players

Below, we look at some top player props predictions to consider as the 2024 NBA finals draw closer.

Nikola Jokic

Nikola Jokic is a three-time MVP, having secured the prestigious award in 2021, 2022, and most recently in 2024. Jokic has been in stellar form in the 2024 postseason, boasting an impressive average of 27.6 points per game. With such formidable stats, it’s a safe bet to wager on the Serbian to win the most points in almost every Denver Nuggets game during the 2024 NBA playoffs.

Jayson Tatum

Boston Celtics are overwhelming favorites to reach the NBA finals. Hence, betting on Jayson Tatum to win the Eastern Conference finals MVP could be a good wager. The 26-year-old power forward is the Celtics’ strongest playmaker in the postseason, averaging 5.4 assists per game. Also, he’s faring well on the scoring front with 24.2 points per game, the second-best record in the team.

Jalen Brunson

The New York Knicks’ Jalen Brunson has been a force to be reckoned with in the 2024 NBA postseason, racking up an impressive average of 32.9 points per game. His remarkable numbers place him second on the scoring charts, just behind Joel Embiid, whose team has already been eliminated from contention.

With Brunson’s prolific numbers, you can count on him to secure the most points in almost every Knicks game during the playoffs.

NBA Betting Tips – How to Make Money Betting on NBA Games

Understanding the various NBA betting lines and how odds work is crucial to winning your wagers. If you’re looking to increase your chances of winning even more, consider these top NBA betting tips.

1. Stay Informed

Follow the NBA closely and keep up with the latest news, player updates, team dynamics, and other important information that could potentially impact a game’s outcome. Ensure you check out the recent form of the competing teams and players to discover the informed betting picks.

2. Shop for the Best Odds

All NBA betting sites don’t offer the same odds for a particular game. Therefore, it’s wise to invest time in comparing odds across our top 10 sportsbooks before placing your wager. By choosing the most attractive odds, you will be getting the best bang for your buck.

3. Take Advantage of Promotions

Promotions can help boost your gambling bankroll and increase your potential payouts. Hence, you should explore the bonus offers available at our recommended offshore sportsbooks. BetUS offers the biggest welcome bonus, a 100% deposit bonus match capped at $2,500.

4. Avoid Chasing Losses

When NBA betting, avoid chasing losses to safeguard your finances and mental well-being from the problem of gambling addiction. Setting a budget and sticking to it is key. Also, remember to only bet what you can afford to lose.

5. Be Objective

When betting on your favorite NBA teams or players, staying objective is important; don’t let emotions cloud your judgment. Make sure you stick to your analysis and avoid wagering based on bias or excitement.

Best NBA Betting Strategies

Below, we’ll reveal more advanced betting strategies to elevate your NBA betting experience and potentially boost your winning chances and payouts.

Bet on Underdogs

In NBA betting, wagering on the underdogs can be a smart choice as they often present favorable odds, potentially resulting in substantial payouts. While it may seem counterintuitive to wager on the less fancied team, sometimes they can pull off an unexpected win.

Such upsets can occur when the stronger team faces challenges like a dip in form, injury setbacks, or a demanding schedule. Therefore, conducting thorough research before placing bets is essential to recognize these trends and make well-informed choices.

Hedge Your Bet

When you hedge a bet in NBA betting, you’re basically placing a second wager against your original bet as a form of insurance. The goal is to guarantee a profit or minimize your losses.

For example, in a game between the Boston Celtics and Cleveland Cavaliers, where the former are big favorites to win. Let’s say you place a bet on the Celtics to win, and they jump out to a strong lead in the first half.

However, you may still be unsure whether Boston will remain solid throughout the game and secure a win. If this is the case, it’s wise to hedge your bet by placing a second wager on the Cavs to secure victory. This way, you earn a profit or cut down on your losses regardless of the outcome of the game.

Use the Best NBA Sportsbooks

Finding the right sportsbooks with the numerous options out there can be challenging. Thankfully, we’ve curated a list of the top 10 NBA sports betting sites offering amazing features and services. First, they have a good reputation, thanks to their reliable licensing, good customer reviews, and years of industry experience.

These NBA sportsbooks also provide various betting markets, including props and futures, to spice up your experience. Plus, many sites feature a stats zone, injury reports, and a form book ahead of each game, arming you with valuable information to make winning wagers.

Betting Odds for the 2024 NBA Finals Winner

At the time of writing, the 2024 NBA finals are on the horizon, with the prestigious event scheduled to commence on June 6, 2025. Several strong teams are in the running, and as mentioned earlier, we are predicting a Boston Celtics appearance in the big game.

Shopping around for odds is one of the most valuable NBA betting tips. That’s why we’ve compiled odds for the competing teams from top-tier NBA sportsbooks so you can compare and get good value.

Best NBA Betting Forums on Reddit in 2024

One of the most popular forum social networks worldwide, Reddit’s global user base is estimated to reach 556.59 million in 2028, a new peak. With many hot and exciting topics up for discussion and debate on the platform, the subject of NBA betting is not left out. Below are the top Reddit forums for NBA betting in 2024.

r/nbadiscussion

With a staggering 703,000 members, r/nbadiscussion is in the top 1% of subreddits by size. This forum welcomes NBA fanatics worldwide to discuss their opinion on games, NBA drafts, betting picks, and more. You can get different perspectives from other NBA enthusiasts to help build solid, winning parlay bets.

r/NBA_Draft

As the 2024 NBA draft draws near, anticipation builds for the two-night event scheduled on June 26th and 27th. If you’re looking for comprehensive coverage, expert analysis, news & updates, rumors, podcasts, and stats related to the NBA draft, r/NBA_Draft is your ideal Reddit forum.

With a community of over 101,000 members, this subreddit is sure to provide more than enough information to help inform winning NBA draft bet selections.

r/nbabetting

With around 9,200 members, r/nbabetting is one of the most popular Reddit forums for NBA betting predictions. The subreddit moderators often provide daily NBA betting picks covering the regular season, playoffs, and finals.

NBA Betting Terminology

Whether you’re a beginner or a seasoned NBA betting expert, understanding the following terminologies will help you get the hang of the game better.

• Assists: The number of passes a player makes that directly result in a teammate’s basket.
• Blocks: A form of defensive play where a player blocks or deflects an attempt made by an opponent.
• Blowout: A game where one team records a landslide victory (often 20 points or more margin).
• Buzzer Beater: A shot made right before the halftime or game buzzer sounds.
• Dead Ball: A stoppage in play where the clock stops after a foul or basket.
• Double-Double: Used when a player registers double-digit figures in two of the five major statistical categories (points, assists, rebounds, blocks, and steals) in one NBA game.
• Free Throw Percentage: The percentage of free throws a player makes.
• Points Per Game: The average points a player scores per game throughout a season or during a specific period.
• Points Rebound Assists (PRA): The combined total of a player’s points, assists, and rebounds in a single game.
• Rebounds: The number of times a player regains possession after a missed shot, either offensively or defensively.
• Steals: The number of times a player legally takes the ball away from an opponent without fouling.
• Three-Pointers Made (3PM): The number of successful shots made from beyond the three-point line by a player or team during an NBA game.
• Triple Double: Used when a player registers double-digit numbers in three of the five major statistical categories (points, assists, rebounds, blocks, and steals) in one NBA game.
• Turnovers: Instances when a team concedes possession of the ball to the opposition due to errors like bad passes, traveling, or stolen ball.
• Upset: When an underdog team defeats a stronger side.

The Best NBA Betting Site Overall for 2024

Ready to start applying some of the NBA betting tips and strategies discussed? The first step is to sign up to a top-tier NBA betting site, but finding the right sportsbooks can be challenging. Luckily, we’ve provided you with a list of the top 10 NBA sites.

BetOnline is our top pick for NBA sports betting, thanks to its solid reputation and range of NBA betting markets, including props and futures. Additionally, the site offers exceptional customer service, a dedicated live betting suite, NBA specials and contests, different types of parlays, and generous bonuses.

NBA Sports Betting FAQs

Gambling Resources

• National Council on Problem Gambling
• Gamblers Anonymous
• Gam-Anon
• GamTalk

Page Resources

• NBA.com
• Statista.com
• Reddit/nbabetting