Basketball Betting Odds
![basketball betting at betiton canada](https://www.betiton.com/wp-content/uploads/2023/10/1-Basketball-Betting.jpg)
🤑 Basketball Free Bet | Bet $15 and Earn a $10 Free Bet |
🏀 Bet on Basketball Competitions | The NBA, NBL, Men’s Euro League, FIBA Basketball World Cup |
🖋️ Basketball Betting Markets | Moneyline, Spread Betting, Total Betting, Points Range, Futures |
💳 Betiton Canada Deposit Methods | Visa, Mastercard, Interac, AstroPay, Paysafecard |
Basketball remains one of the most popular sports in Canada and the first year of legalized gambling in the province of Ontario revealed that basketball was also the single most popular sport to wager on, accounting for 28% of all bets placed.
It’s certainly a staple of online sports betting here at Betiton, where it can unlock a huge array of tournaments and markets from across the globe! So, here’s our guide to basketball betting and the sport’s most popular wager types.
How Does Basketball Betting Work?
Before you start to engage with basketball and NBA betting markets, it’s important to understand the role that odds play in your online wagering experience.
Here at Betiton Canada, we formulate our basketball betting odds by calculating the probability of a particular outcome occurring and how likely punters are to wager on the event.
This creates fair and balanced pricing that offers tangible value to bettors, while it’s a formula that’s applied consistently to all basketball lines and NBA bet types.
Basketball Betting Odds
When engaging in NBA betting in Canada, you can also use our odds to calculate the implied probability of a particular event occurring. There’s even a formula to help demonstrate this, and this reads as follows:
(1 / decimal odds) * 100 = implied probability
To provide further context, let’s say that you wanted to back the Toronto Raptors to beat the Minnesota Timberwolves in the NBA at a price of 1.86 with Betiton Canada.
In this case, you’d divide 1 by 1.86 to create a value of 0.537, which should then be multiplied by 100 create an implied probability of 53.7% that the Raptors will win. You can then tailor your stake accordingly.
![basketball gameplay](https://www.betiton.com/wp-content/uploads/2023/10/3-Basketball-Gameplay.jpg)
We use decimal odds here at Betiton Canada, which comprise numerical values to two decimal places. This number describes the total amount you’ll earn for every $1 that you wager successfully, inclusive of your stake.
So, if you wager $10 at decimal odds of 5.00 and win, you’ll collect $50 including a $40 profit.
Once you can read and understand odds, you’re able to start comparing markets and building your online basketball betting slips. Placing your bets is incredibly simple here at Betiton Canada, and you can get started in just a few steps!
- Access your Betiton Canada account using the ‘Log In’ button on the left-hand side of the home page. Then select ‘Basketball’ from the drop-down menu.
- Browse specific tournaments and markets from our menu. You can compare individual prices and probability.
- Click selected outcomes to add them automatically to the betslip in the bottom right-hand corner of the screen. Confirm your preferred wager types and stake amounts.
- Be sure to review and check this information in detail, before clicking through the ‘Place Bets’ icon and confirming!
Basketball Betting Markets Explained
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Online basketball betting unlocks a huge range of odds and in-play betting markets here at Betiton, with the following wager types among the most popular.
- Moneyline Bets: This is the most straightforward basketball betting market, which requires you to wager on which team will win a particular match.
- Futures: Also known as outright betting, this describes a longer-term market where you’ll pick the winner of a tournament such as the NBA.
- Handicapping: Also known as basketball spread betting, this market usually requires you to apply a points deficit to a wagering favourite in order to access enhanced odds. For handicap basketball betting to be successful, your pick will have to record a total points tally that overcomes this deficit.
- Totals Betting: Commonly applied to the total points scored in a game, this is an over/under market in which we’ll set a number of different points’ betting lines. Then, you’ll pick your line and predict whether the actual points tally be over or under this value.
- Points Range: If you want to bet on basketball or NBA winning margins, you can choose from various points ranges based on the nature of the competing sides and create further value in match wagering.
- Race to 10, 20 or 30 Points: This is a popular example of live basketball betting, as you’ll have to bet on which side will be the first to score 10, 20 or 30 points in a game.
- Prop Betting: This is focused on player and team performance stats and unlocks a huge range of markets, including who will record the most points, rebounds, assists, steal, blocks, or three-pointers in a particular game.
- Odd/Even Points: This is a fun but completely random betting market, in which you’ll wager on whether the cumulative number of points scored in a match will add up to an odd or even value.
- Half-Time/Full-Time Result: With this market, you’ll bet on both the match winners and the team that you think will lead at half-time in a single, higher priced wager.
- NBA MVP Betting: This is a futures bet that applies to individual players, as you’ll wager on the identity of the NBA performer who will win the season’s MVP award.
The Biggest Basketball Competitions You Can Bet on at Betiton Canada
Of course, it’s the NBA that makes sports betting on basketball so popular in Canada, but the country is also home to its own National Basketball League (NBL).
Broadly speaking, global basketball leagues run between October and June, including the NBA, NBL and the EuroLeague (which is the elite competition for the best players and teams on the continent).
As the best basketball betting site in Canada, we cover a huge range of tournaments and events, each of which is home to hundreds of betting markets.
🏀 Basketball Competition | 🏟️ Place | 📅 Dates |
✔️ FIBA Basketball World Cup | Qatar | 27 August – 12 September 2027 |
✔️ National Basketball League of Canada (NBL) | Canada | September 2024 – February 2025 |
✔️ National Basketball Association (NBA) | US | October 2024 – April 2025 |
✔️ NCAA College Basketball | US | 18 March 2025 – 7 April 2025 |
✔️ EuroLeague | Europe | 3 October 2024 – 11 April 2025 |
FIBA Basketball World Cup Betting
The International Basketball Federation (FIBA) is the sport’s global governing body, and every four years, it hosts the FIBA Basketball World Cup.
This features the best 32 teams in the world, while the next iteration will take place in Qatar between August 27th and September 12th 2027.
The 2023 competition was hosted in Asia and saw Germany lift their first title, while the United States and former Yugoslavia are the tournament’s most successful sides with five wins each.
Popular betting markets include backing the outright winners and individual match wagering.
NBL Betting
The National Basketball League of Canada (NBL) was initiated in 2011, while four teams currently compete annually for the title.
Of course, the Toronto Raptors are the most famous Canadian basketball side, but they continue to play their trade in the more prestigious NBA.
![basketball competitions](https://www.betiton.com/wp-content/uploads/2023/10/2-Basketball-Competitions.jpg)
Of the four currently active teams, London Lightning remains the most successful, winning the title six times in just 10 seasons.
Here, punters will most commonly engage in match and outright betting, while we also offer prop player markets here at Betiton Canada.
NBA Betting
The NBA betting competition is the single biggest basketball tournament in the world, and you’ll find thousands of associated odds and in-play betting markets here at Betiton.
This tournament was founded in New York in 1946, with the Boston Celtics and Los Angeles Lakers winning 17 finals each during the subsequent 77 years.
The Raptors have won one NBA Championship (in 2019) since their admission in 1995, while the Denver Nuggets are the defending champions.
We find that individual match and live basketball betting dominates NBA wagering activity, while popular futures markets include backing the outright winner and MVP.
NCAA College Basketball Betting
College sports are a huge deal in Canada and the US, so we offer a huge range of NCAA betting markets. The NCAA (National Collegiate Athletic Association) governs college sports in North America, while popular competitions include the Men’s Division One and NAIA Basketball Championship.
There are also female divisions and championships, which receive significant TV and betting coverage. Futures and outright markets tend to be the most popular in college basketball betting, but we also offer team and player prop wagers on selected games.
EuroLeague Betting
The EuroLeague is the premier basketball competition for teams and players on the continent, while it was inaugurated under the guidance of the FIBA in 1958.
Since the 2001/02 season, however, it has been governed by Euroleague Basketball, and during this time, it has become one of the most popular indoor sporting events in the world.
![basketball player holding a ball](https://www.betiton.com/wp-content/uploads/2023/10/4-Basketball-Players.jpg)
EuroLeague basketball betting is also deceptively popular both in Europe and Canada, while defending champions Real Madrid are the most successful side with 11 titles in total.
Futures and match betting are incredibly popular when wagering on the EuroLeague!
Live Basketball Betting at Betiton Canada
According to YouGov, some 15% of Canadians like to wager in-play, while this figure increases to 18% in the province of Ontario.
In Ontario, this percentage is higher than both the UK (11%) and the US (15%), while the popularity of live basketball betting contributes heavily to this.
Certainly, we offer a diverse selection of in-play and micro betting markets across the NBA and similar tournaments, while individual and collective prop bets are also widespread.
Just remember that watching or live streaming the action is key to successful in-play betting, as is disciplined and responsible bankroll management.
How to Bet on Basketball at Betiton Canada?
To act on these tips and target your preferred basketball betting markets at Betiton Canada, you’ll also have to ensure that you’re registered for an account here. Here’s the signup process:
- Click the ‘Signup’ button on the right of the Betiton Canada homepage.
- Enter your email, unique username, and a secure password, before verifying this data.
- Enter your name, email, and physical address over two secured screens you verify your ID.
- If your info has been inputted correctly, you’ll be eligible to credit your account and start wagering straight away.
Betiton Canada Basketball Betting Tips
In order for betting on basketball to be fully explained, you’ll also need to learn the basics of building a viable wagering strategy. We have prepared some insightful basketball betting tips that you can implement here at Betiton!
- Look to Create Value in Match Betting Through Handicapping
Typically, match betting offers short odds and minimal value, especially when backing favourites to beat an underdog. So, it’s important to create value where possible in match wagering, with handicapping enabling you to apply a deficit to the betting favourite in exchange for enhanced odds.
For example, you could back the Boston Celtics to beat the New York Nicks with a handicap of -5.5 points at an extended price, and your wager will be successful so long as the former win by six points or more.
![playing basketball](https://www.betiton.com/wp-content/uploads/2023/10/5-Basketball-Players.jpg)
- Follow Injury and Load Management News
If you bet regularly on the NBA and similar leagues, you’ll know that teams will play a staggering 82 games during the regular season.
This makes injuries more prevalent as the season progresses, while franchises tend to prioritise proactive load management to help negate this risk.
Therefore, you’ll need to research which players are injured or unavailable ahead of a match, as this can have a big impact on outcomes and a wager’s value proposition.
- Leverage Home Field Advantage
In basketball, NBA teams win 62.7% of their home games, which suggests that sides have a significant advantage when playing in front of their own fans. This must always be factored into your match betting selections, while you should drill down further into the recent home and away form of competing sides and pay close attention to any relevant head-to-head data.
Betiton Canada Basketball Betting Offer
When you sign up for a Betiton Canada account, you can also qualify for a free sports bet worth $10. To qualify, deposit at least $15 and wager this at odds of 2.00 or greater.
You have 14 days to use the subsequent free bet, to be used on odds higher than 1.80, once it has been added to your account.
![basketball playground](https://www.betiton.com/wp-content/uploads/2023/10/7-Basketball-Playground.jpg)
There are no wagering requirements in play here, although deposits made through PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap aren’t eligible to receive the offer.
Some additional important terms and conditions (t&cs) to keep in mind is that this offer is only available one time per household and the welcome offer cannot be used in conjunction with other bonuses on the Betiton website. Head over to read the full t&cs at Betiton.
Other Sports Categories Available at Betiton Canada
We cover 42 different sports betting categories at Betiton Canada, including basketball and a selection of esports markets.
NHL and NFL betting is especially popular here too, while you can also bet on soccer and competitions such as the MLS, English Premier League and Canadian Premier League.
You can also engage in boxing, MMA and UFC betting at Betiton, while we offer a huge range of markets across sports such as tennis, handball and even table tennis.
The Biggest Sports Competitions You Can Bet on at Betiton Canada
Of course, this vast selection of sports unlocks markets across some of the world’s most iconic tournaments.
These include the FIFA World Cup and Super Bowl (which are the two most watched and bet on sporting events in the world) and the globally popular English Premier League.
You can find out more about betting on our biggest sports competitions below.
- FIFA World Cup Betting
- Super Bowl
- English Premier League
- UEFA European Championship
- UEFA Champions League
Responsible Gambling
As the best basketball betting site in Canada, we also take responsible gambling very seriously here at Betiton.
To this end, we offer multiple tools to help you take control of your betting activity, from customizable deposit limits and ‘time-out’ features to the ability to self-exclude for anywhere between six months and five years.
You can also use our ‘reality check’ feature to monitor and manage your account in real-time, while our helpful customer support team our always on hand to offer assistance.
We’re also partnered with gambling charities BeGambleAware GamCare, who can provide practical guidance as and when required.
Frequently Asked Questions about Basketball Betting
How does spread betting work in basketball?
With basketball spread betting, you’ll effectively pick one team to win or lose by a specific margin. Betiton Canada will usually offer multiple margins as individual betting lines, while this is a great way of creating value in match wagering.
What does handicap mean in basketball betting?
Handicapping is an iteration of spread betting, as it typically requires you to afford a heavy favourite a virtual points deficit prior to a match. You’ll subsequently wager on the team to win by an increased margin at enhanced odds.
What is 3-way betting in basketball?
While draws are incredibly rare in basketball (and unheard of in the NBA), you can still engage in 3-way basketball betting. This requires to back one of two sides to win or a game to end in a tie after regulation time.
What does moneyline mean in basketball betting?
A ‘moneyline’ wager refers to a straight win bet, through which you back one of two competing basketball sides to win a particular matchup!
How to read basketball betting lines?
How you read betting lines will depend on the wager in question and odds format, but we ensure that all of our pricing, markets and lines are laid out as transparently as possible here at Betiton.