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Robyn Vandermerwe

The NBA season is the annual highlight for countless Canadian bettors. Canada’s best basketball betting sites offer excellent odds for this epic championship. This brief provides insight into how NBA betting in Canada works, available betting types, and top NBA betting tips to remember when betting on the NBA. So, let’s take a look at everything you need to know before you decide to bet on the NBA in Canada

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Contents

List of the Best Basketball Betting Sites in Canada

For NBA betting, Canada offers an extensive selection of sportsbooks. Let’s start with the top ten basketball betting sites and what they offer Canadian punters.

    1. Powbet – The best Canadian sportsbook for NBA betting.
    2. 1Bet – Reputable sportsbook with a flawless reputation.
    3. BetVictor – Worldwide basketball markets.
    4. Bodog – Bet on NBA and NCAA.
    5. Stake – Bet on basketball and over 50 other popular sports.
    6. Lucky Block – Excellent new sign-up bonus.
    7. Weltbet – Generous welcome bonus over the first five deposits.
    8. Club Riches – Offers over 50 basketball markets.
    9. Rabona – Provides excellent live betting markets.
    10. True North Bet – Canada’s own sportsbook.

Our Top NBA Betting Sites Reviewed

Our experts’ list of the top NBA betting sites are all great sportsbooks every Canadian can safely join. To help you find the right NBA betting site, we’ve put together reviews of our top 5 below.

1. Powbet – The Best Canadian Sportsbook for NBA Betting

Powbet Sportbook Home

This comprehensive sportsbook offers excellent NBA betting Canadian coverage, which is not surprising when it comes to platforms owned by Rabidi N.V. Like Wazamba, Sportaza, and Rabona, Powbet is a reputable and stellar sportsbook. They launched in 2020 and hold a Curacao license.

There is no shortage of NBA betting markets with odds that are consistently generous. The three sections in the sports section are sportsbook, horse racing, and virtual sports. In the sportsbook section, the leading NBA betting events of the day appear under the Top Leagues heading.

They may not offer live streaming, but they have an array of live and pre-match markets available. In addition, they offer over 30 sports to bet on, with a strong emphasis on football betting. Members can take advantage of the earliest odds for the NBA at Powbet.

Canadian members have access to world-class 24/7 customer support. Contact them via live chat or send an email to support@powbet.com. The Powbet platform provides a comprehensive FAQ section that covers every sports betting topic imaginable.

Their welcome bonus comes with a C$150 up for grabs with low rollover. Powbet has an excellent lineup of promotions, tournaments, and weekly challenges. In addition, they offer a five-tiered VIP program with increased monthly withdrawal limits, cash backs, and a dedicated account manager.

Powbet rolls out regular seasonal bonuses, free bets, parlay boosts, bonus cash backs, weekly reload bonuses, and a generous jackpot up for grabs. Canadian bettors can participate in exciting tournaments and weekly challenges during the NBA season.

Below we list some of the current sportsbook bonuses at the best basketball betting site in Canada.

 

Bonus Name Bonus Amount Minimum Deposit Rollover  Payment Methods
First Deposit Bonus 100% up to C$150 C$30 5x Mastercard, Interac, Neosurf, ecoPayz, MiFinity, MuchBetter, eVoucher, Flexepin, Jeton, eZeeWallet, Bitcoin, Tether, BitcoinCash, Litecoin, Ethereum, Ripple, USD Coin, and DAI.
Bonus Cashback 10% Cashback up to C$200 C$20 3x
Weekly Reload Bonus 50% Bonus up to C$750 C$30 8x

What We Like:

  • Numerous payment options, including crypto
  • Competitive NBA odds
  • Excellent welcome bonus
  • Low bonus rollover
  • 24/7 Responsive customer support

What We Don´t Like:

  • No live streaming
  • No dedicated mobile app

2. 1Bet – Reputable Sportsbook With a Flawless Reputation

1Bet Home

This modern sportsbook is owned by Bellona N.V. and has been online since 2010. They are licensed and regulated by Antillephone N.V and are firmly established in the Canadian sports betting market. They are famous for providing excellent customer support, fast payouts, and competitive NBA betting Canadian odds.

They may not offer same-game parlays, but they provide hundreds of betting options for the NBA, including alternate lines, props, and parlays. In addition, they offer live streaming, helpful stats, and very competitive odds on in-play and moneyline bets.

They offer a variety of convenient and safe payment options. Deposit with Visa, Mastercard, eWallets, or cryptocurrencies. There are various withdrawal methods available, including a few fast withdrawal options.

1Bet provides 24/7 responsive customer support, including live chat and email support. The team is friendly and knowledgeable and answers email queries promptly. Refer to their FAQ section for answers to your most frequently asked questions.

1Bet rewards its loyal player base with free bets, reload bonuses, and “outer space” tournaments. Visit the promotions section regularly for seasonal promotions and bonus offers, especially during the NBA season. Here are some of their current sportsbook bonus offers.

 

Bonus Name Bonus Amount Minimum Deposit Rollover  Payment Methods
Welcome Bonus 100% up to C$150 C$15 12x Visa, Mastercard, Interac, MuchBetter Neteller, ecoPayz, Skrill, Paysafecard, Bitcoin, BitcoinCash, Ethereum, and Ripple.
Weekly Free Bet Bonus Deposit C$75 and get C$7 free bet C$75 None

What We Like:

  • Well-established sportsbook
  • Helpful stats
  • 24/7 Responsive customer support
  • Live streaming and in-play betting
  • Speedy payouts

What We Don´t Like:

  • High bonus rollover requirements
  • No same-game parlays

3. BetVictor – Worldwide basketball markets

Basketball betting betvictor

The site BetVictor is site owned by BV Gaming Limited with a license from Gibraltar. They launched in 2000 and the site offers easy navigation, making it an excellent choice for mobile betting.

BetVictor has a moderately large spread of live basketball betting markets, including football, tennis, basketball, ice hockey, and boxing. All live matches are displayed when clicking the Live Matches tab and a list of all sporting markets can be viewed when clicking on A-Z Sports.

Their total spread of sports is good too, and their range of betting markets is impressive. They offer multiple payment options for Canadian bettors, including Interac e-transfer, Instadebit, iDebit, credit cards, and some cryptocurrency options.

BetVictor offers a fairly easy to reach customer support. You can get instant help via live chat and phone, or email them at help@betvictor.com. Customer support is best via live chat; the team is available 24/7.

They offer ongoing bonuses, promos, and a generous welcome bonus extending over your first five deposits. Below is more on the bonus offers at BetVictor.

Name Bonus Amount Deposit Rollover Payment Methods
Welcome Bonus 100% bonus up to $500 C$10 3x Interac e-transfer, Instadebit, iDebit, credit cards, and cryptocurrency.

What We Like:

  • Good basketball coverage
  • Excellent basketball props
  • Cryptocurrencies accepted
  • Live chat support

What We Don´t Like:

  • No mobile betting app

4. Bodog – Best sportsbook for NHL props

image 2023 03 29T161501.543

Bodog is owned by Ayre Group with a license from Antigua. They came online in 1994 and are well-known in the Canadian betting industry. They provide a modern, easy-to-use platform compatible with Android and iOS mobile devices.

Bodog provides markets for over numerous sports, including football, basketball, tennis, baseball, volleyball, ice hockey, eSports, and table tennis. There are many other bets available, including moneyline (12) bets, point spreads, over/under and total markets, as well as wagers on both sides to score, margin of victory, accurate score, double chance, full time/half time, and more.

You can contact the highly qualified and professional customer support team 24/7. They offer live chat and email assistance and a comprehensive FAQ section with answers to the most frequently asked questions.

Besides a generous welcome offer, they reward their clients with free bets, weekly reload bonuses, parlay boosts, and cashback bonuses. Canadian bettors can climb the 5-tiered VIP program offering exclusive rewards. Get more info on their current bonus offers below.

Bonus Name Bonus Amount  Minimum Deposit Rollover Payment Methods
Welcome Bonus C$200 C$10 5X Visa, Mastercard, Interac, Direct Bank Transfer, and Bitcoin.

What We Like:

  • Provides live betting
  • Choose from 40+ sports
  • 24/7 Live chat feature
  • Crypto-friendly

What We Don´t Like:

  • No dedicated mobile app

5. Stake – Bet on basketball and over 50 other popular sports

Basketball betting Stake

Take a peak this new crypto-only sportsbook and take advantage of a phenomenal welcome offer. Stake launched in 2017 with a Curacao license that quickly gained fame online with its generous giveaways. There’s always something new to benefit from at Stake.

Members can access thousands of markets in almost 50 sports, including football, soccer, basketball, American football, and tennis. In addition, they have excellent NBA betting lines. Less conventional sports include markets in Gaelic football, cross-country, darts, water polo, lacrosse, and Indy racing.

Although they are a crypto-only sportsbook, members can purchase cryptos on their platform using a card as a payment method. Crypto payment methods include Bitcoin, Ethereum, Litecoin, Tron, USDTT, USDTE, and Ripple.

Sign-up is hassle-free as they only need your email address, username, and password. Members must not undergo a lengthy KYC verification process to start betting. If you need help, you can contact customer support via live chat 24/7 or email them at support@stake.com.

Below we provide more info on their newly launched welcome bonus.

Bonus Name Bonus Amount Minimum Deposit Rollover  Payment Methods
Welcome Bonus 200% Bonus up to $1,000 C$50 40x Bitcoin, Bitcoin Cash, Ethereum, Ripple, Binance, Tether, Litecoin, EOS, Dai and Dogecoin.

What We Like:

  • Supports crypto betting
  • Thousands of markets in over 50 sports
  • Live streaming and in-play betting
  • Speedy payouts

What We Don´t Like:

  • Limited live streaming options
  • Only accept cryptocurrencies

The Best NBA Betting Sites Compared

Our selection of the best basketball betting sites in Canada each offer a unique betting experience, excellent live basketball betting, and fantastic NBA betting lines. Here’s how their sports welcome offers and features compare in terms of NBA betting in Canada.

Sportsbook Bonus Offer  Min Deposit NBA Betting Highlights Live NBA Betting Live NHL Streaming
PowBet 100% bonus up to $150 C$10 Competitive odds, range of futures markets, cash out
1Bet 100% bonus up to $150 C$10 Leading odds, 100+ markets per NHL game
BetVictor 100% bonus up to $500 C$10 Outright NHL betting odds, betting insurance
Bodog 100% up to $400 C$10 Attractive odds, accumulator betting, cash out
Stake 200% bonus up to $1,000 C$50 International markets, competitive odds, crypto betting
WeltBet 350% bonus up to $3,500 C$10 Attractive margins, hockey props
Lucky Block 100% bonus up to $10,000 + 50 free spins $20 Top odds for hockey futures, $1 deposits/withdrawals
Club Riches 200% bonus up to $200 C$15 Over 60 markets, live & future markets, hockey props
Rabona 100% bonus up to $150 C$10 Pre-match, live & futures markets, mobile app
True North Bet 100% bonus up to $500 C$10 600 markets per NHL game, hockey props

How We Choose the Best Sites for NBA Betting

When we consider our choices of the best best basketball betting sites in Canada, we keep critical factors in mind. A sportsbook must conform to our highest standards to make our list. Below are the main factors we look at when ranking the best sites for NBA betting in Canada.

Range of NBA Bets

The best NBA betting Canadian sites must provide a wide range of bet types. The selection must include spreads, moneyline, parlay, and futures. A variety of live in-play bets is also essential. Our recommended betting sites in Canada all excel in this area.

Choice of NBA Events

Another crucial factor is the number of NBA events. When we consider a sportsbook, it must provide a wide range of NBA events. In addition, bettors must have a variety of markets for each event.

Bonuses & Promotions:

Take advantage of bonuses and promos to get the most from your betting experience. We have searched and found the platforms offering the most generous bonuses online. Besides a generous welcome bonus, sportsbooks must offer ongoing bonuses and promotions.

Safety & Security

We only recommend sportsbooks licensed and regulated by a reputable governing body like the UKGC. These sportsbooks use SSL encryption and the latest software to safeguard your personal and financial info.

Payment Methods

NBA sportsbooks must offer various convenient and safe banking options. In addition to accepting traditional payment methods, eWallet options, and cryptocurrencies, withdrawal processing times must be reasonable.

Customer Support

Reputable sportsbooks will offer a customer support team that is available 24/7, knowledgeable, and eager to help. Our recommended sites offer live chat, email support, and an extensive FAQ section. Some NBA sportsbooks have a contact number for personalized assistance.

How to Register & Start Betting on the NBA

Once you have selected an NBA betting site right for you, the next step is to register a betting account. To do this, follow our step-by-step guide to sign up and start betting on the NBA.

Step 1: Visit the Sportsbook’s Home Page

Navigate to your preferred sportsbook’s home page, or click our sign-up link. Then, click on the Register, Sign Up, or Join button to start the registration process.

Powbet Sportbook Home

Step 2: Complete the Registration Form

Complete the provided registration form with your details. Then, click the Next Step button until you have completed all the steps in the registration process.

Powbet Register

Step 3: Deposit and Claim Your Bonus

Once your account is successfully registered, log in with your username and password. Next, go to the cashier or deposit section to make your first deposit and activate your welcome bonus.

Powbet Deposit

Step 4: Bet On The NBA

Go to the sportsbook section and browse the available markets in the NBA. Then, place your bets and wait for the next game’s outcome.

Powbet Bet on NBA

How Does NBA Betting Work?

There are many popular ways to bet on the NBA. You get moneylines, point spreads, totals, futures, parlays, same-game parlays, and live betting markets. To explain how basketball betting works, let’s look at the three most common betting odds.

Betting on Sides/Moneyline Bets

When you are betting on sides, you are betting on the outright winner of the game. The better teams will be favored, which means you win less for your wager if the favorite wins. In contrast, if you bet on the underdog, you can win more with a smaller bet if your wager is successful.

For example, if the Boston Celtics is the underdog at +130, a C$100 wager will win you C$130. If you bet on the Golden State Warrior team favored by -150, you will win c$100 on a wager of C$150.

Point Spread Betting

With the point spread bet, you win close to even money on your bet if your team is favored and wins by a certain amount of points. If you bet on the underdog, you can still win your bet even if your team loses by a certain amount of points.

Referring to our example above, the Boston Celtics is the underdog at +3. If you lose by as much as two, you still win. The Golden State Warrior team is favored by -3, which means you must win by at least four to win the bet.

Betting on Totals

This bet refers to the total amount of points scored between both teams and if it goes over or under. As per our example above, the total is set at 325.5. If you bet on the under, your bet wins if the final score is 325 or lower. In contrast, you need at least 326 points to win a wager on the over.

Previous NBA Champions

To increase your chances of a winning bet on the NBA, it helps to know how teams performed in previous seasons. Below is the information for the last 10 NBA champions, which should guide you with your next NBA betting picks

Season Winners Series Losing Team Most Valuable Player
2022 Golden State Warrior 4-2 Boston Celtics Stephen Curry
2021 Milwaukee Bucks 4-2 Phoenix Suns Giannis Antetokounmpo
2020 Los Angeles Lakers 4-2 Miami Heat LeBron James
2019 Toronto Raptors 4-2 Golden State Warriors Kawhi Leonard
2018 Golden State Warrior 4-0 Cleveland Cavaliers Kevin Durant
2017 Golden State Warrior 4-1 Cleveland Cavaliers Kevin Durant
2016 Cleveland Cavaliers 4-3 Golden State Warriors LeBron James
2015 Golden State Warrior 4-2 Cleveland Cavaliers Andre Lguodala
2014 San Antonio Spurs 4-1 Miami Heat Kawhi Leonard
2013 Miami Heat 4-3 San Antonio Spurs LeBron James

Popular NBA Betting Markets in Canada

To make wise NBA betting decisions, it’s crucial to understand the types of bets you can place. The following section explains the most common betting markets for NBA betting in Canada.

Moneyline Bets

Powbet is an excellent sportsbook for moneyline bets offering the best odds for NBA betting lines. When you place a bet on the team to win, it’s called a moneyline bet. This is a straightforward bet type, which we explain in the example below.

Team Odds
Los Angeles Lakers +163
Milwaukee Bucks -203

The minus sign always indicates the favorite, and the amount indicates the amount you must bet to win C$100. In the example above, the Lakers are the underdogs, and you would have to bet C$163 on them to win C$100.

Spread Betting

When you bet on the team’s margin of victory and not the final result, you place a spread bet. Weltbet offers a wide range of spread bets. To explain this bet type, see the example below.

Team Spread
Milwaukee Bucks +12
Los Angeles Lakers -12

In the example, the Milwaukees are an underdog of +12, which means they can lose by as much as 11, and you still win your bet. On the other hand, if the Lakers win by exactly 12, it results in a “push,” and you get your money back on both sides.

Totals

Totals is the over/under bet, and you are wagering on the total number of points scored between both competing teams. 1Bet has a great variety of markets for totals. To better explain totals, refer to the example below.

Team Total
Los Angeles Lakers O 220
Milwaukee Bucks U 220

In this case, the over/under is set at 220, which means you need at least 221 points to score for the game to go over. In contrast, a score of 219 and lower means the under wins. If a score of 220 exactly is scored, it’s a “push,” which means you get a refund on either side of the bet.

Prop Bets

Prop bets come in various types and are not tied to the game’s final score. You can bet on a player’s individual performance, or you can bet on something to happen in a game. Bet with Powbet for the best prop bet odds.

Player Prop
Kawhi Leonard O/U 27.5 points

In our example above, you bet on how many points a player will score over/under during a game. Kawhi Leonard has to score 27 points or less for the under to win. If he scores 28 or more, the over wins.

Futures

With futures, you bet on an event that will take place in the future, and it is one of the best bets for the NBA. Find the best odds for futures at 1Bet. See our example below to explain a futures bet on what team will outright win the NBA.

Team Odds to Win NBA Championship
Golden State Warriors +300

The less likely a team is to win the championship, the greater the odds. To win C$300, for example, you must bet C$100 on the Golden State Warriors to win the NBA.

Parlays

This popular NBA bet type enables you to combine multiple wagers in one bet. All the wagers in the parlay must be successful to win a parlay bet. Choose Powbet for the best selection of parlay options.

Two-Team Moneyline Parlay
New York Knicks: -120
San Antonio Spurs: +240
Parlay Odds: +340
Amount Wagered: $100
Total Return: $440

The example above illustrates a two-team parlay on the New York Knicks and the San Antonio Spurs. The Knicks are -120, while the Spurs are +140. The odds would therefore be +340. If you wager $100, you will win $340 and collect $440.

Types of Bets Available at NBA Betting Sites in CA

Now that you understand each bet type better, let’s compare our top 10 sportsbooks. Consider the table below before your next NBA betting picks.

Sportsbook Moneyline Spreads / Totals Alternative Spreads / Totals Props Futures Parlays Same Game Parlays
Powbet
1Bet
BetVictor
Bodog
Stake
Lucky Block
Weltbet
Club Riches
Rabona
True North Bet

Live NBA Betting & Streaming

Live basketball betting or in-play betting is very popular when you bet on the NBA. You place in-play bets after the start of the game. These bet types include moneylines, spreads, totals, and more specific wagers like the result of the next possession.

NBA live betting is much more exciting if you combine it with live streaming. You can place your live basketball bets as the action unfolds in real-time. Unfortunately, not many sportsbooks have this exciting feature.

Mobile NBA Betting Sites & Mobile Apps

Mobile sports betting is critical for all Canadian NBA sports betting fans. Thanks to HTML5 technology, all new sports betting sites are fully optimized to enjoy on tablet and smartphone mobile devices. You can access the best basketball betting sites in Canada and get the latest NBA betting tips on the go.

Some sportsbooks have dedicated mobile betting apps for a smoother betting experience. No matter your preference, all our recommended sites are compatible with iOS and Android smartphones and tablets.

Top Tips for Betting on the NBA in Canada

To increase your odds of placing winning bets on the NBA, there are some things you can do in preparation. Below are five tips you should remember with your NBA betting picks while betting on the NBA.

1. Use Expert Projections

Many industry resources provide valuable insight into the possible outcome of tournaments and championships. Refer to the projection systems of betting sites and DFS platforms. They are expertly crafted team and player projections, which can help you identify inefficient lines and odds.

2. Don’t Play Too Many Parlays

Parlay betting can be very lucrative if you get them right. The disadvantage is that it can quickly drain your bankroll. If most of your bets are parlays, you can still wind up a loser even if most of your picks win.

3. Don’t Bet With the Heart

To be a profitable sports bettor, don’t rely on gut feelings. Instead, focus on the data and accurate projections. When betting on the NBA, take your heart out of the equation and make decisions based on analytical and statistical data.

4. Focus on Props

There are many props available compared to primary lines and odds on totals and sides, making it harder for sportsbooks to keep props efficient. Focussing on prop markets is wise, as you are more likely to find winning wagers compared to sides and totals.

5. Stay Up to Date on Breaking News

Last but most importantly, keep track of breaking news relating to NBA betting in Canada. If you keep track of players sitting out and late-reported injuries, you can keep on top of sportsbooks. They cannot adjust lines immediately, giving you the edge and the best chance of a winning bet.

Types of Bonuses Available for Betting on the NBA

NBA betting sites offer excellent bonuses to new and existing Canadian punters. Besides getting started with a generous welcome bonus, there are many ongoing bonuses and promotions to fill your bankroll. Here are some of the best bonus types available at NBA betting sites.

Accumulator Bonuses

The accumulator bonus is another common bonus type for multiples in NBA betting in Canada. The more selections you choose, the bigger the percentage bonus you will get added to your winnings. We recommend the accumulator bet boosts offered by Powbet.

Cashback Bonuses

This bonus type gives you a cash-back percentage of up to a certain amount if your bet is unsuccessful. Rabona offers a 10% cashback of up to C$750, and Powbet offers a 10% cashback of up to C$200.

Early Payouts

These bonuses allow you to get your winnings as soon as certain criteria is met within a match, regardless of the final score. Powbet offers excellent early payout bonuses during the NBA season, such as two goals ahead early payout.

Acca Insurance

With “acca” insurance, you get your stake back as a free bet if one selection lets you down in a football “acca”. Go to BetVictor to make use of their “acca boost” offer. Here are some of the best deals you can use when placing your football bets.

Sportsbook Bonus Offer Bonus Offer Detail
Powbet Logo Early Payout Bonus Two goals ahead early payout on all single, multiple, system, and bet builder bets. The offer does not apply to bets on the Draw selection in each game and the “boosted odds” match-winner market.
Rabona casino logo Cashback Bonus Get up to 10% cashback up to C$750. This offer comes with 3x rollover requirements and a minimum deposit of C$30.
weltbet logo Reload Bonus Get up to a 20% bonus of up to C$400. This offer has a rollover requirement of 8x and a minimum deposit of C$30.

How NBA Betting Odds Work

When betting on the NBA, the favorite is always indicated by a minus, like -120, for example, while a plus sign indicates the underdog. To win a bet on a favorite, your bet wins if the favorite’s margin of victory is greater than the point spread.

If you are still getting familiar with NBA betting in Canada, focus on straight bets. They are the most straightforward and easy to understand. In addition, the more you bet on sports, the easier it will get and the more winning bets you will place.

Rely on projection stats, study NBA betting tips, and read NBA betting predictions for the best NBA betting picks.

Conclusion

The NBA is an excellent event for wagering, but there are loads more featuring at Canada’s best basketball betting sites. All our recommended sportsbooks are reputable, licensed, safe to join and provide the best NBA betting odds. So, pick your favorite and sign up at the best basketball betting sites in Canada!

For betting on the NBA, we recommend Powbet. They provide excellent odds, the earliest NBA betting lines, numerous betting markets, and excellent spreads for NBA betting in Canada. In addition, they offer top bonuses and promotions for new and existing customers.

FAQs

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Which sportsbooks have the best bonuses for basketball betting?

Robyn Vandermerwe

Robyn is an online content creator with more than 15 years of experience writing in the digital space. After studying to be a journalist, she quickly learned that iGaming had a lot to offer and provided a way to both play and inform. With more than a decade of editing experience under her belt, Robyn has worked on many informative and top-rated casino sites such as TopSpotCasinos.com, CasinoWow, Strafe, Basketball Insiders, and many more. She manages a group of excellent copywriters while also creating content about the latest casino developments and exploring what the industry has in store.