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Best NBA betting sites

Ryan Truland August 21, 2023

The NBA is one of the most popular sports to bet on in the United States. We’re breaking down and ranking the best NBA betting sites for you to use in 2023.

Top Michigan NBA sportsbooks

01

Bet $5, Get $200 in Bonus Bets + $100 off NFL Sunday Ticket

Live Streaming

Live Betting

Elite App Speed

02

Bet $5, Get $200 In Bonus Bets

Live Streaming

Live Betting

Same-Game Parlays

03

Bet $50, Get $250

Live Betting

Early Cash Out

Odds Boosts

04

Up to $1,000 in Bonus Bets

Live Betting

Live Streaming

Early Cash Out

05

10 X $100 Second Chance Bet

Five Bonus Bets

PointsBetting

Partial Cash Out

06

Second chance bet up to $500

Live Streaming

Live Betting

Unique UFC Data

NBA betting sites bonuses and promotions

Every one of the top NBA betting sites provides new customers with a welcome bonus of some kind. Check out our favorite sign-up bonuses below:  

SportsbookNew user promoNBA features
FanDuelBet $5 Get $200 in Bonus Bets + $100 off NFL Sunday TicketNBA-specific bonuses and array of betting markets
DraftKingsBet $5, Get $200 InstantlyNBA-specific bonuses and an NBA betting news section
CaesarsBet $50, Get $250 in Bonus Bets with code ‘SLMLIVEGET’Parlay builder and parlay boosts
BetMGMReceive up to a $1,000 bonus bet on your first wager if it loses. If your first bet is above $50, you’ll get five bets equal to 20% of the bet. Promo code: “MLIVEMGM”Fun NBA futures and elite user interface
PointsBetGet 10 x $100 Second Chance BetsPlethora of unique features
BetRiversReceive up to a $500 bonus bet if your first wager loses. Promo code: “SPORTS.”Favorable NBA odds

What is the best NBA betting site?

FanDuel NBA

The very best basketball betting site is definitely FanDuel Sportsbook: According to the company itself, FanDuel boasts over 12 million users, which is more than any other legal sportsbook in the United States. The betting site officially launched back in September 2018—becoming an instant sensation for NBA bettors.

FanDuel offers a phenomenal array of NBA betting options, including: parlays, same game parlays, player props, team props, futures, frequent NBA-specific promos. For example, FanDuel is offering users a No Sweat Same Game Parlay promo each weekend throughout the 2023 NBA Playoffs. They’ll credit your account $10 in bets if you lose your SGP. 

Bet $5, Get $200 in Bonus Bets + $100 off NFL Sunday Ticket

Accepting players from
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Payment Methods
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Furthermore, you aren’t going to find a better mobile experience than FanDuel. The industry-leading brand’s mobile app boasts user ratings of 4.8 and 4.7 on the Apple and Google Play stores, respectively. The app’s speed is excellent, and you’re able to efficiently place live bets on the go.

FanDuel provides all of the key features you could want, such as: live betting, a parlay builder, and notably, very competitive odds. When comparing FanDuel’s odds to BetMGM and Caesars, we discovered that FanDuel consistently outduels its competitors.

Recommended betting sites for NBA Betting

With well over a dozen online sportsbooks currently in operation, you have a variety of options for NBA betting aside from our go-to choice, FanDuel. Below are the five other top contenders:

DraftKings NBA

DraftKings Sportsbook

DraftKings Sportsbook MI is the official co-betting partner of the NBA, along with FanDuel. Interestingly enough, you’ll find that the NBA-specific promos at DraftKings mirror the ones at FanDuel. For instance, DraftKings is offering users the opportunity to make one No Sweat Same Game Parlay each day during the 2023 NBA Playoffs—a slightly better promo than the one at FanDuel. We also like the odds boosts that are posted for NBA games at DraftKings. 

DraftKings also offers an NBA Betting News section to gain exclusive insight on a nightly slate of games: You can use their Same Game Parlay builder (Quick SGP) if you don’t feel like going through the trouble of crafting your own as well. We rank DraftKings slightly behind FanDuel due to its marginally less impressive user experience.

Bet $5, Get $200 In Bonus Bets

Accepting players from
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Payment Methods
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Caesars NBA

Caesars Sportsbook

You won’t be disappointed while using Caesars Sportsbook as a basketball betting site, as the sportsbook has an outstanding user interface on both the desktop version and the mobile app.

Unfortunately, you will see that the odds at Caesars are less favorable than the two aforementioned sportsbooks, which is definitely a drawback. Lastly, the futures markets are a bit less extensive at Caesars and the mobile experience isn’t quite as good as FanDuel and DraftKings.

Bet $50, Get $250

Accepting players from
AZCOD.CIAILKSLA +13 More
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Payment Methods
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BetMGM NBA

BetMGM Sportsbook

Like Caesars, BetMGM has an incredible user interface, but less favorable NBA odds. Still, we really enjoy the betting experience at BetMGM. Unfortunately, there aren’t as many NBA-specific promos or boosts for NBA contests, which is certainly a negative. 

On top of that, we found the BetMGM Michigan mobile app to move a little slower than the FanDuel and DraftKings apps.

Up to $1,000 in Bonus Bets

Accepting players from
AZCOD.CIAILINKS +14 More
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Payment Methods
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PointsBet NBA

PointsBet Sportsbook

If you’re in search of a more unique basketball betting experience, we recommend giving PointsBet MI a try, because it’s an underrated option. From its unique welcome promo to the intriguing features like PointsBetting, Name a Bet, and Partial Cash Out, PointsBet is truly one of a kind. The site also has a unique ongoing promo known as Power Hour, where you will receive a Bonus Bet to use on any Same Game Parlay each day for 60 days!

10 X $100 Second Chance Bet

Accepting players from
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Payment Methods
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BetRivers NBA

BetRivers Sportsbook

Another underrated basketball betting site option is the BetRivers MI Sportsbook, which provides a wide range of NBA markets and bet types. However, the NBA-specific promos are surprisingly lackluster, especially considering we’re in the midst of the Playoffs at the time of writing this review. So if you’re in search of benefiting from NBA bonuses or boosts, BetRivers isn’t the place to find them.

Still, the site provides solid odds and an enjoyable overall NBA betting experience. We find the site and mobile app to feel slightly outdated in terms of layout as well as speed. BetRivers continues to be an underrated option, but not an elite choice for NBA bettors in 2023.  

Second chance bet up to $500

Accepting players from
AZCOCTIAILINLA +7 More
MDMINJNYPAVAWA
Payment Methods
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Where can you get the Best sign-up bonus?

You can receive the best sign-up bonus when making an account at FanDuel Sportsbook: As a new user, you’ll benefit from getting being able to bet just $5 to get $200 in bonus bets, plus getting $100 off of your NFL Sunday Ticket purchase. It’s important to know that you must deposit at least $10, and your bonus bets don’t need to be used in one lump sum, which is a very nice cherry on top!

Bet $5, Get $200 in Bonus Bets + $100 off NFL Sunday Ticket

Live Streaming

Live Betting

Elite App Speed

How do we rank the best NBA betting sites?

It’s crucial to consider a number of different factors when narrowing down the best basketball betting sites. These aspects include, but are not limited to: betting markets/types, sport-specific promos, each site’s welcome bonus, the site/app layout, and the overall betting experience.

Every single sportsbook that’s worth your time offers the option to place bets on the NBA, so the finer details are really what matters in ranking the best sites. That’s why little things like the terms of a site’s bonuses or the speed of a site’s mobile app can serve as the difference in whether or not it’s the best NBA betting site.   

How do you find the best NBA betting site?

The first way for you to find the best NBA betting site is to read the review that we’ve crafted: After you have a good idea of the top options, we recommend deciding which welcome promo(s) you find to be the most advantageous. You should then make accounts with a few different sportsbooks in order to benefit from multiple welcome offers as well as compare odds.

When it comes down to it, wagering on sports is about making money. So placing bets with the most favorable odds should be a critical part of your bet submission process.     

Best apps for NBA betting

The two best mobile apps for NBA betting are FanDuel and DraftKings. Both apps offer state-of-the-art speed and design, ensuring your mobile betting experience is a good one. FanDuel’s mobile app boasts a cumulative rating of 4.75 from Android and iOS users, while the DraftKings app has a 4.65 combined rating on the two app stores.

Bet $5, Get $200 in Bonus Bets + $100 off NFL Sunday Ticket

Accepting players from
AZCOCTD.CIAILIN +16 More
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Live Streaming

Live Betting

Elite App Speed

Bet $5, Get $200 In Bonus Bets

Accepting players from
AZCOCTIAILINKS +14 More
LAMDMINHNJNYOHORPATNVAWAWVWY

Live Streaming

Live Betting

Same-Game Parlays

After extensively navigating and placing wagers on each app, we didn’t run into any issues in terms of speed, freezing, or crashing. The NBA markets were easy to locate, and we found each app’s layout to be stellar.     

Major upcoming NBA events

EVENTDATE
2023 NBA Finals June 1, 2023 – June 18, 2023
2023 NBA DraftJune 22, 2023
2023-24 NBA Season DebutOctober 24, 2023

Best betting site to bet on the 2023 NBA Draft 

The annual NBA Draft is always a must-watch event for fans and bettors. Most sportsbooks post futures bets for the NBA Draft, where you have the ability to predict who will be selected number one overall, top five, top 10, and in the lottery. 

FanDuel again reigns supreme in this case, being the top choice for our NBA Draft betting. The site allows you to place bets on who will be selected top overall, second overall, and third overall—more options than the other sportsbooks at this time. You can also bet on the NBA Draft Lottery at FanDuel, selecting who will draw the number one pick in the upcoming draft. 

Bet $5, Get $200 in Bonus Bets + $100 off NFL Sunday Ticket

Live Streaming

Live Betting

Elite App Speed

Live betting on the NBA

Each of the six sportsbooks detailed in this review offers the option for live betting on the NBA, as it’s a very common feature nowadays. Consider the possibility that you’re watching an NBA game and you get an inkling that the team currently losing by ten points is going to come back and win. Well, that’s where live betting comes in handy! You’re able to log into your preferred sportsbook and quickly place a bet while the action is taking place on the hardwood. Odds are constantly updating.    

Where Is the best place to Live Bet on the NBA?

Our top choice for live betting on the NBA is FanDuel—one of the two official betting partners of the world’s premier basketball league. The combination of the live betting options and the efficiency with which you can place them makes FanDuel the number one option for NBA live betting. Although, if you don’t feel like using FanDuel for whatever reason, DraftKings, Caesars, BetMGM, PointsBet, and BetRivers each provide the live betting feature also.  

Up to $500 Bonus Money

Variety of promotions

Huge Game Library

Live Dealers

What you should know about NBA betting

NBA betting is very similar to wagering on other team sports like the NFL and NHL. Below, you’ll find the most popular types of bets that you can place on NBA games:

  • Moneyline: An NBA moneyline bet will look something like: Boston Celtics (-300) vs. Atlanta Hawks (+245). In this case, the Celtics are the betting favorite with the minus (-) sign next to them. Meaning, you’ll win $30 on a $100 wager at (-300) odds. Conversely, you’ll win $245 with a $100 wager on the Hawks to win.
  • Point Spread: A point spread bet for NBA contests appears as the following: Sacramento Kings (+7.5) vs. Golden State Warriors (-7.5). This means that if you take the Warriors with the points, they must beat the Kings by eight points or more for you to win. Conversely, the Kings can either win the game or lose by less than eight points for your point spread wager on them to cash in.
  • Over/Under: The over/under in NBA betting is very simple. A basic over/under refers to the combined total points between the pair of teams once the game concludes. For example, the over/under for the Memphis Grizzlies vs. Los Angeles Lakers game is set at (219.5). If you bet the under, the cumulative total score must be 219 or fewer for you to win that bet, and vice versa. 
  • Player/Team Props: Player and team prop bets deal with placing wagers on a specific player and/or team. The most popular NBA player props include: player points, assists, rebounds, made threes, blocks, and steals. Meanwhile, common team props include: quarter winners, half winners, home/away team total points, and margin of victory.
  • Futures: Futures betting is a very fun way of wagering on the NBA. You can place both pre and mid season bets on things like: player awards, conference champs, league champions, the NBA Draft, and over/under on a team’s regular season win total.

*All of the betting odds above were provided by FanDuel Sportsbook*

Unique NBA bet types

While many of the NBA bet types are commonly seen across other sports, there are a few that are more unique to the NBA. Check them out below:

  • Race to…: This is a more uncommon bet type where you can put money down on what team will reach a specified amount of points first.
  • First basket: You can predict which player will score the very first basket of the game. There are 10 players on the floor at all times, so the odds are pretty favorable on these wagers.
  • Two or more threes made in the first three minutes: This bet type requires a simple yes or no prediction. Will there be at least two three-pointers made in the first three minutes of the game? Or won’t there be?

Michigan NBA affiliates

The state of Michigan has one NBA franchise, the Detroit Pistons. The Pistons are currently partnered with four sportsbook brands: DraftKings, PointsBet, BetRivers, and WynnBet. The most recent partnership with PointsBet involves Pistons legend, Richard (Rip) Hamilton, being an ambassador for the brand. The details of the deals generally deal with the use of logos and advertising, nothing extra special for Michigan bettors.  

FAQs

Where can I bet on the NBA Finals?

Every respectable online sportsbook allows you to place wagers on the NBA Finals. Our two favorite places to put money down on the NBA Finals are FanDuel and DraftKings.

Where can I get the best NBA betting odds?

Our thorough odds comparison of the top online sportsbooks determined that FanDuel and DraftKings post the most favorable odds for NBA games more often than any other site.

Can I live bet on NBA games?

Yes, you sure can! FanDuel, DraftKings, Caesars, BetMGM, PointsBet, and BetRivers each allow you to place live bets on NBA games.