Welcome to our guide to NBA betting odds. The perfect place for finding those Ontario sportsbooks that’ll give you a little extra for your winning basketball bets.
Our guide gives you all you need to know about understanding how odds work and then applying them to your NBA bets. So whether you want to bet on the next Raptors game or try those NBA Finals betting odds, you’ll be able to do it all with plenty of confidence.
Go to BetMGM
Go to BetMGM
Ontario was the first Canadian province to legalize single-game sports betting back in 2022, and this has dramatically opened up the range of NBA odds that you can bet on. Prior to this move, you could only bet on parlay betting odds, but now you can bet on things like the money line, spread, and much more.
What’s best is that you can do this all from your mobile. This is because iGaming Ontario has been set up to regulate all online sportsbooks in the province to make sure you get a legal, safe, and fair way to use those basketball odds.
Just note that you need to be at least 19 years old to bet on sports in Ontario and that you must be playing from somewhere within the province. Your betting app will have geolocation software to ensure that this happens and you’ll be required to submit your Canadian Social Insurance Number upon signing up. From here, you’ll be able to enjoy betting on those basketball odds for anyone from the 76ers to any other team in the NBA.
Odds are hugely important because they decide what kinds of payouts you’ll get should you win your bets. The riskier bets give you better returns, while the safer bets won’t give you so much in return.
We’ve found that most sportsbooks in Ontario serve up roughly similar odds for every game in the NBA. However, some sportsbooks have been found to regularly offer better value odds compared to what you can get elsewhere.
Plus, these sportsbooks also usually give you more choice in terms of the NBA odds that you can bet on. Check out the following two sportsbooks for a taste of what you should be expecting from basketball betting in Ontario:
| Sportsbook | Typical NBA odds | Extra features |
|---|---|---|
| PointsBet | Spread, totals, moneyline, futures, game props | Same game parlays |
| BetMGM | Spread, totals, moneyline, game props, futures | Focus on Raptors betting and odds boosts |
It doesn’t matter whether you’re looking for betting odds for the NBA Finals or just a grudge match between the Raptors and the 76ers, as PointsBet will always give you some of the best bets on the market. This sportsbook also gives you a vast range of betting options for each game so you can find value in things like the money line, spread, totals, and all of those game props.
It’s also worth noting that PointsBet is an excellent betting platform for anyone with an interest in same-game parlays. While these bets are difficult to pull off, PointsBet makes it easy to construct a decent same-game parlay to add some serious interest to even the most one-sided NBA game.
Elsewhere, you will find that PointsBet lets you fund your NBA bets with a range of trusted payment providers like Visa, Mastercard, Interac, and PayPal, and it has that iGaming Ontario license which means that you can legally bet here from anywhere within the province.
Everyone knows that BetMGM is one of the biggest sportsbooks in North America and so it makes perfect sense that the brand would set up shop in Ontario. This means you can sign up to BetMGM and enjoy the brand’s quality odds for anything from the next Raptors home game to the playoffs.
What’s best is that BetMGM understands the local needs of basketball fans, and this can be seen in the vast range of future bets that the brand puts on for the Raptors. Plus, not only does BetMGM have seriously strong odds, but it’s more than happy to put on lots of odds boosts for select NBA markets.
Other things to know about BetMGM is that it is licensed and regulated in Ontario, has 24/7 customer support, and you can fund your NBA bets with Visa, Mastercard, Interac, PayPal, and Apple Pay.
Odds merely refer to the probability of something, and seeing as pretty much anything can happen in a game of basketball, you can usually get odds for lots of things in the NBA. Here are just some of the most common NBA odds that you’ll come across:
These are the simplest odds to understand as they refer to the winner of an NBA game. For example, you might see moneyline odds of the Raptors beating the Bulls.
The spread refers to the winning margin in a game of basketball. So if you saw the Raptors with spread odds at +5 to beat the Hawks, it means that the Raptors would have to win by five points or more for you to win your bet.
Props bets refer to any kind of bet that is unrelated to the end-game result. These can be player prop bets where you bet on whether a certain player gets a certain number of steals, three-pointers, or rebounds.
These usually require you to bet on whether the total number of points scored in an NBA game will be higher or lower than a number set by a sportsbook. So if you saw a sportsbook offering a total bet of 227.5 points for a game between the Raptors and the Pacers, it means that you’d have to predict whether both teams scored more or less than 227.5 points.
These refer to bets that take place over the long term rather than a specific game. For example, you could try a futures bet on whether the Raptors could win the Eastern Conference or the NBA Finals.
We should also note that all good sportsbooks will let you bet live on basketball. Here the odds will be constantly updated to reflect the changes in the game, and it can all add up to some quality NBA betting entertainment.
This guide has shown you that all good sportsbooks in Ontario will be more than capable of giving you hundreds of odds for each NBA game. As a result, you can sign up to one of these sportsbooks and add an extra dimension to your enjoyment of basketball.
The key thing to remember is that all sportsbooks will be trying to outdo each other with the competitiveness of their odds. So make sure that you check back here to take advantage of whatever NBA betting odds are on offer.
This is similar to something you’ll see among MLS odds in Ontario. It’s a form of NBA betting odds that refers to the spread which means that you have to predict whether one NBA team will beat the other by 1.5 points or more.
You can simply sign up to one of our approved NBA betting sites in Ontario, make a deposit, and then pick which odds you want to bet on. Whether these are the NBA Finals betting odds or the first game of the season, it should all add up to some quality basketball betting entertainment.
This is a kind of NBA betting odds that ask that you predict whether there will be more or less than 222.5 points scored in a game of basketball. Such a feature is common among how many sportsbooks display their NBA championship odds.
We have found that both PointsBet and BetMGM could be in with the shout of giving you the best NBA betting odds. Plus these are some of the best NFL betting sites in Ontario to give you plenty more betting entertainment.
We have handpicked a couple of sportsbooks that let you bet on NBA finals betting odds right now. Just note that the odds will be changing as the big games approach.
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