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Basketball Betting Explained

Founded in 1898 and originating from Springfield, Massachusetts, basketball was a sport designed to dissuade athletes from outdoor activity during the winter months while decreasing the probability of injuries caused from American football. At first, this sport was played internationally at YMCA locations before attempting to rise to a professional level with the formation of the NBL, which was later abandoned to form the professional basketball league we know to be the NBA. Surprisingly, the popular sport that enthralls spectators and sports betters took about 24 years from the formation of its first professional league to begin gaining the popularity that it has today. Currently, fans primarily engage in wagering on college basketball betting and professional basketball betting. Unlike American football, basketball has a more international fanbase, which creates more universal popularity. Basketball betting is also notably more complicated regarding handicap betting and point spread betting, which we will discuss later in this article. 

The Best Sportsbooks to bet on Basketball

FanDuel
User Friendly
Easy withdrawal
Betting Options
Bet $5 and Get $150
4.9/5
Trust Range Rating 4.9 out of 5 Bonuses 4.9/5 Cash Out Policy 4.8/5 Sports Selection 4.8/5 User Experience 4.8/5 Mobile Support 4.9/5 Customer Service 4.9/5
Betway
Sports Selection
Promotions
Customer service
Up To $250
Risk-Free Bet
4.8/5
Trust Range Rating 4.8 out of 5 Bonuses 4.7/5 Cash Out Policy 4.5/5 Sports Selection 4.9/5 User Experience 4.8/5 Mobile Support 4.8/5 Customer Service 4.8/5
WynnBet
User Friendly
Good Bonus Offers
Mobile Apps
Bet $50 Get $200 in Free Bets
4.7/5
Trust Range Rating 4.7 out of 5 Bonuses 4.6/5 Cash Out Policy 4.6/5 Sports Selection 4.8/5 User Experience 4.6/5 Mobile Support 4.9/5 Customer Service 4.7/5
DraftKings
Leading Brand
Market Options
Great Promos
100% Up To $1000
4.6/5
Trust Range Rating 4.6 out of 5 Bonuses 4.6/5 Cash Out Policy 4.5/5 Sports Selection 4.7/5 User Experience 4.9/5 Mobile Support 4.4/5 Customer Service 4.6/5
Caesars
Well-Known Brand
User-friendly
In-Play Bets
100% Up To $1250
Risk-Free Bet
4.5/5
Trust Range Rating 4.5 out of 5 Bonuses 4.5/5 Cash Out Policy 4.5/5 Sports Selection 4.5/5 User Experience 4.6/5 Mobile Support 4.3/5 Customer Service 4.8/5
BetRivers
User-Friendly
Sports Options
User Protection
Up To $500
2nd Chance Free Bet
4.5/5
Trust Range Rating 4.5 out of 5 Bonuses 4.5/5 Cash Out Policy 4.3/5 Sports Selection 4.7/5 User Experience 4.1/5 Mobile Support 4.8/5 Customer Service 4.4/5
Twinspires
Good Bonuses
Reputable site
Great Customer Service
$100 Risk-Free Bet
4.4/5
Trust Range Rating 4.4 out of 5 Bonuses 4.8/5 Cash Out Policy 4.5/5 Sports Selection 4.0/5 User Experience 4.2/5 Mobile Support 4.3/5 Customer Service 4.5/5
Borgata
Wide Range of Sports
Easy to use Interface
Banking Options
Deposit $20 & Get $100
4.3/5
Trust Range Rating 4.3 out of 5 Bonuses 4.3/5 Cash Out Policy 4.3/5 Sports Selection 4.4/5 User Experience 4.4/5 Mobile Support 4.2/5 Customer Service 4.3/5
BetMGM
Betting Options
Sport Selection
Bonus
Up To $1000
Risk-Free Bet
4.3/5
Trust Range Rating 4.3 out of 5 Bonuses 4/5 Cash Out Policy 4.3/5 Sports Selection 5/5 User Experience 4.2/5 Mobile Support 4.7/5 Customer Service 3.7/5
SugarHouse
Support Options
Sports Selection
User Friendly
100% Up To $250
4.2/5
Trust Range Rating 4.2 out of 5 Bonuses 3.5/5 Cash Out Policy 4.5/5 Sports Selection 4.5/5 User Experience 4.5/5 Mobile Support 4.5/5 Customer Service 3.8/5

Best Basketball Leagues you can bet on

Since the sport of basketball is internationally followed, there are more diverse league choices to place sports bets on. Professional basketball betting fans can choose teams from the NBA or the Euroleague on most online sports betting sites. College basketball sports betters are limited to US schools in the NCAA league. In terms of popularity, the following teams hold the top 5 place in their leagues: 

NBA Logo

NBA

Euroleague

Euroleague

NCAA Football

NCAA

Basketball Events you can bet on

Including international games and championships, the top American basketball events that attract sports betters are; the World Cup, Basketball at the Olympic Games, and the NBA Finals.

World Cup Basketball

World Cup

Basketball At The Olympic

Basketball at the Olympic Games

NBA Finals

NBA Finals

Ready to bet on Basketball ?  

We would like to start this section with a word of advice. Before engaging in online or in-person sports betting, check the rules and restrictions for your state. In Pennsylvania, for instance, online college and professional basketball sports betting has been legal since 2019. Once legality is established, you can simply type ‘legal online basketball betting’ and include your state in the search bar. Generally, creating an account in any legal sportsbook site is free, and most sites give their betters a form of startup incentive. In basketball betting, the most important factor is which team’s players will shoot better. Professional basketball betting and college basketball betting is perceived as complex because this is impossible to consistently predict. However, one could argue that the complexity of basketball betting is what makes it interesting.

Basketball Betting FAQs

The point system for basketball goes by a player making a two or three point field goal, or a one point free throw.
What are the most common basketball betting types? – The most common basketball betting types for college and professional basketball leagues are; point spread betting, money line betting and point totals betting.

Betting odds are subject to which betting type you are utilizing.

Common basketball betting mistakes are; not paying attention to last minute changes, not paying attention to scheduling, and ignoring stats.

Most online sports betting sites offer a mobile or tablet friendly interface. Depending on the online sports book site, mobile phone and tablet navigation should be available.

This depends on your comfort level. The popular opinion stands that basketball sports betting is more convenient online.

Betting real money on basketball games is legal as long as you abiding by the rules and regulations set by the gaming commission in your state.

Short answer-yes. The best strategy for basketball betting is to be informed. Since changes can occur up until the start of the game, it’s important to focus on essential newsbreaks in reference to your basketball bet.