Online NBA Betting Odds

🤑 NBA Free Bet	Bet C$15 and Earn a Free Bet worth C$10
🏀 Bet on NBA	NBA Eastern and Western Conferences, Playoffs, Finals
🖋️ NBA Betting Markets	Moneyline NBA Betting, Over/Under NBA Betting, Most Valuable Player (MVP), Over/Under Total Points Scored
💳 Betiton Canada Deposit Methods	Visa Debit, Mastercard, Interac, Paysafecard, AstroPay

It’s interesting to note that during the first year of licensed and regulated wagering in the Canadian province of Ontario, basketball was the single most bet on sport.

In fact, 28% of all sports betting online wagers were placed within this category and on high-profile competitions, such as the NBA, which features Canadian representation in the form of the Toronto Raptors.

Here at Betiton Canada, we offer access to a huge selection of NBA betting markets and wager types, while we’ve also prepared this guide to help you navigate these successfully!

What Is the NBA?

The NBA (or National Basketball Association) is a professional basketball league in North America, which comprises a total of 30 franchises (29 from the United States and the previously mentioned Toronto Raptors).

It was founded in June 1946 and is broadly considered to be the sport’s premier global league, while NBA betting Canada has become increasingly popular since the Raptors joined the competition in 1995.

This team also has one NBA Championship to its name (they triumphed recently in 2019), but the Boston Celtics and Los Angeles Lakers are the most successful franchises with 17 titles each.

NBA Teams

The NBA is divided into two different conferences: namely the Eastern Conference and the Western Conference. Both entities comprise three different divisions (we’ll explore these in more detail below), while each conference is home to 15 NBA sides who all play 82 matches during the regular season.

Eight sides from each conference ultimately progress to the NBA playoffs, which adopts a knockout format and sees competitors engage in several best-of-seven series until the last two remaining sides contest the coveted NBA Finals. Unsurprisingly, it’s betting on the NBA Playoffs and Finals that generates the most interest among punters!

Eastern Conference

The Eastern Conference features the Atlantic Division, Central Division and Southeast Division. Canada’s Toronto Raptors play in the former, alongside 17-time NBA Championship winners the Boston Celtics.

Miami Heat, who finished as runners up to Denver in the 2022/23 finals, play their regular season trade in the Southeast Division.

Western Conference

Defending NBA champions, the Denver Nuggets play in the Western Conference’s Northwest Division.

The LA Lakers, who have won a joint-high 17 NBA Championships since their inception, also play in the Western Conference and the Pacific Division.

2023/2024 NBA Season

We’re currently in the midst of the NBA preseason, which commenced on September 26^th and will conclude formally on October 20^th.

The 30 aforementioned franchises then compete in the NBA regular season between October 24^th, 2023 and April 14^th, 2023.

During this window, sides will play 82 matches in their respective conference divisions, while the Milwaukee Bucks and defending champions the Denver Nuggets are favourites to win the Eastern and Western conferences respectively.

Once the regular season has concluded, the teams placed seventh through 10^th in each conference will contest the ‘Play-in tournament’, in order to determine the 7^th and 8^th seeds ahead of the NBA Playoffs.

🏀 NBA Preseason	September 26th, 2023 – October 20th,2023
📅 NBA Regular Season	October 24th, 2023 – April 14th, 2024
🏀 NBA Playoffs	April 20th, 2024 – May 22nd, 2024
📅 NBA Draft	April 28th, 2024 – June 27th, 2024
🏀 NBA Finals	June 6th, 2024 – June 23rd, 2024

NBA Playoffs

The 2023/24 NBA Playoffs start immediately after the Play-in tournament is completed, commencing on April 20^th and running until May 22^nd (although the latter date is subject to change).

This features a straight knockout format that will see the eight qualifying franchises from each conference do battle in first round, semi-final and final matches to determine two regional winners, who will subsequently contest the NBA finals.

Matches will be contested as best-of-seven series, meaning that franchises may play a maximum of 21 games in order to qualify for finals. Typically, NBA playoffs betting is incredibly popular and drives significant wagering activity.

NBA Finals

The NBA finals will start on June 6^th and potentially run until June 23^rd, as the qualifying franchises from the east and west embark on their own best-of-seven series.

However, the series will end, and an NBA Championship victor will be announced as soon as one side wins four matches, so the finals may come to a much quicker conclusion.

If you’re going to bet on NBA basketball, you’re most likely to back the outright championship winner, so here’s a look at the ante post favourites here at Betiton Canada!

• Milwaukee Bucks – 4.45
• Boston Celtics – 4.70
• Denver Nuggets – 5.60
• Phoenix Suns – 6.70
• Los Angeles Lakers – 12.40

How Does NBA Betting Work?

Before you can start to build your betslips and create a viable NBA betting strategy, you’ll need to learn more about odds, the available markets and in-play wagering.

Here’s how to get started with NBA betting online at Betiton Canada!

NBA Betting Odds

Across all basketball betting markets, Betiton Canada prices outcomes with decimal odds. These feature digits to two decimal places and indicate how much you could win for every $1 staked (including your original bet value).

You can also use these odds to calculate the implied probability of a particular outcome occurring, which should help you to evaluate each wager’s level of risk and set your stake amount accordingly.

There’s even a formula to help estimate implied probability, with this reading as follows:

(1/ decimal odds) * 100 = implied probability

For example, let’s say that you want to back outsiders the Toronto Raptors to win the 2023/24 NBA Championship at odds of 93.00.

In this instance, we’ll take the number 1 and divide this by 93.00, creating a statistical value of just 0.01. We can then multiply this by 100, revealing that there’s an implied probability of 1.07% that the Raptors will prevail this season!

In addition to understanding NBA betting odds, you’ll also need to carefully build your betslip before wagering at Betiton Canada.

Here are some simple steps to help you do just that!

1. Click through the ‘Login’ button on the left-hand side of the screen to access your Betiton account.
2. Make sure you have money in your account, before selecting ‘Sports’ and then ‘Basketball’ from the homepage menus.
3. Select your chosen market and compare the relevant odds, before clicking on selections. These will appear in your betslip on the right of the screen and prompt you to set your stake.
4. Review your selections, the final odds and the total stake amounts, before hitting the ‘Submit’ button.

NBA Betting Markets

We offer odds and NBA betting lines across a huge number of markets, creating ample opportunities for you to wager your hard-earned cash!

Here’s a glimpse at some of the most popular NBA bet and wager types!

• Moneyline NBA Betting: ‘Moneyline’ NBA bets are placed on the outcome of a particular game and which side you think will win. This is an even money market as NBA games cannot end in a tie.
• Over/Under NBA Betting: Over/Under betting can be applied to several NBA markets, including the total points scored in a game. Betiton will set the betting line in this respect, and you’ll wager whether the actual total will over or under this value.
• Most Valuable Player (MVP): An individual player market, this wager type simply requires you to back who you think will be voted the NBA’s MVP at the end of the 2023/24 season.
• Team Winning Margin: Predicting the winning margin in a particular game is another popular NBA basketball betting market. You can select from various lines at Betiton Canada, while you should note that average margin of victory in the NBA is around 11 points.
• NBA Spread Betting: This may also be referred to as NBA handicap betting and can be used strategically to create value when backing a short price favourite. You can back the favourite with an NBA spread of -2 points at enhanced odds, for example, but the team will have to win by three points or more for the bet to be successful.
• Betting Against the Spread: In this case, you’ll back the underdog against a short price favourite, either by betting on them to win the match outright or lose by a margin that’s smaller than the point spread given.
• Player Prop Betting: Player prop wagering is a staple of online NBA betting. Bets of this type tend to focus on individual player performances in games and are typically focused on key statistical benchmarks such as who will score the most points.
• Team Prop Betting: This market covers prop bets that revolve around collective team performances in NBA games. For example, you may bet on the first team to reach 30 points or selected over/under lines for one franchise’s points’ total.
• Parlay Betting: Another popular example of basketball online betting, parlays are essentially combination wagers that feature two or more outcomes. At Betiton Canada, you can access same-game parlays and combine selections from multiple matches and markets.
• NBA Betting Futures: While you can bet on NBA games individually, it’s also possible to target outright markets and events that will happen in the future. With so-called “NBA futures betting”, you may back the ultimate championship winner, for example, or wager on one side to win their respective conference or reach the playoffs.

NBA Live Betting

Some of the markets referenced above are synonymous with live NBA betting, particularly player and team props.

In-play wagering on the NBA is certainly increasingly popular in Canada, as this unlocks a much larger range of betting markets overall and real-time micro wagers.

Here at Betiton, we offer access to a particularly impressive selection of in-play markets, which may afford you a competitive advantage if you’re betting on the matches that you watch.

When engaging in NBA live betting, just remember that disciplined bankroll management is also key, as you may have to reduce your average stake amount to cover a higher volume of in-play wagers.

How to Bet on the NBA at Betiton Canada?

Of course, before you access any regular season or NBA championship betting markets, you’ll need register for a Betiton Canada account. Fortunately, we’ve made this process as straightforward as possible, and you can register online by following these simple steps:

1. Start by clicking through the ‘Join’ button located on the left-hand side of the Betiton homepage. 
2. You’ll then be prompted to enter your personal information across two different screens, including your legal name, date of birth and address. Then, confirm your account with an email and secure password. 
3. If your info is entered accurately, your identity and account will be verified immediately. Then, click through the ‘Payment Method’ button to deposit an amount of $10 or more. 
4. If you want to claim the Betiton Canada welcome offer at this stage, you’ll actually need to place a $15 qualifying bet at odds of 2.00 or higher. Once this has been done, your $10 free bet should appear in your account. 

Betiton Canada NBA Betting Tips

Regardless of your preferred markets or NBA betting strategy, successfully navigating some of the wager types described above can be highly challenging.

So, we’ve prepared some expert NBA betting tips to help you make the most of your bankroll!

• Place Outright Bets as Early as You Can

If you do want to engage in NBA playoffs betting or NBA finals betting, you may find optimal value in wagering as early as you can.

While this may incur greater risk as your selected franchises may not progress beyond the conference stage, it enables you to access extended odds and bet before the ante post prices begin to drift and shorten.

This also allows you to back highly favoured sides like the Denver Nuggets at the best possible price.

• Track Injury and Rest Management News

The regular NBA season features a staggering 82 matches per franchise, while sides who qualify for the playoffs and finals will contest even more.

So, injuries and proactive load management can have a key impact on selections, potentially undermining your match betting strategy and returns.

So, be sure to consistently track such news through the official NBA site or trusted resources such as ESPN, while recognising that some team news will break just before the start of a game (impacting precisely when you should place your wagers).

• Consider Home Advantage and Efficiency

If you’re going to bet on the NBA, you should note that teams win an impressive 62.7% of their home games on average.

This hints at the importance of home field advantage, which is one of the key NBA metrics to consider when studying form.

When betting on individual player markets, keep your eye on the NBA’s ‘Hollinger Player Statistics’ metric, which ranks performers across all their in-game contributions and affords them an average rating.

Players will a PER of 30 are considered to be exceptional and potential MVP winners.

Betiton Canada NBA Betting Offer

The current welcome offer at Betiton Canada comprises a $10 free bet when you execute a first deposit and wager of $15 or more. The qualifying wager must be placed at odds of 2.00 or higher, while you’ll have 14 days to deploy the subsequent free bet once it has been added to your account.

There are no wagering requirements in play here, although you should note that using PayPal, Neteller, Skrill, Skrill 1-Tap or the Paysafecard to initially credit your account will make you ineligible to receive the welcome bonus. Don’t forget to read the full T&Cs before you sign up.

Other Big Sports Competitions You Can Bet on at Betiton Canada

While basketball and online NBA betting may dominate the burgeoning sports betting market in Ontario and Canada, Betiton covers a huge range of sports categories and events from across the globe. Other popular sports include soccer and American football, while we’ve detailed some of the most bet on events and competitions below so that you can learn more!

• The Super Bowl
• The UEFA Champions League
• The UEFA European Championship
• The English Premier League
• The FIFA World Cup

The Most Popular Sports Categories Available at Betiton Canada

As we’ve already touched on, basketball accounted for 28% of all sports bet placed in Ontario between April 2022 and March 2023.

A further 15% were soccer bets, with popular competitions including the EPL, FIFA World Cup and recently formed Canadian Premier League.

American football is also incredibly popular in Canada, with NFL wagers comprising 14% of all bets placed in the province of Ontario.

Betting on UFC, hockey and baseball also contribute heavily to the Canadian sports wagering handle, while Betiton broadly covers 34 different categories in total.

Responsible Gambling

Regardless of your sports betting basketball strategies, it’s crucial that you wager responsibly and well within your financial means. Here at Betiton Canada, we can help in this respect, as we offer access to a number of responsible gambling tools (including customisable deposit limits, time outs and ‘reality checks’).

We also enable you to self-exclude from the platform for a period of between six months and five years, as you refrain from all betting activity and receiving marketing content. Our brand is also partnered with respected gambling charities BeGambleAware and GamCare.

Frequently Asked Questions about NBA Betting