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NBA Odds Guide

In Canada, gamblers generally prefer their odds to be in the decimal format, as is the case for most other countries in the world. These are incredibly easy to use, as finding out the amount you could win is simply a case of multiplying your bet amount by the decimal, which will show you your potential prize, including your stake back. So, a $10 bet at odds of 2.54 would mean a prize of $25.40, and $15.40 of this will be profit. There are a couple of other odds types you might come across though, and these are moneyline and fractional. They are explained in more detail below.

Money line basketball betting odds start with a plus or a minus. If the figure starts with a plus, it will be telling you how much you’ll win if you bet $100, while if it starts with a minus, it will be telling you how much to bet to win $100. For fractional betting, such as 7/2, the first figure is how much you’ll win if you bet the second figure. So, a bet of $2 will net you $7 of profit. Don’t worry if these confuse you, as it’s always possible to change the odds to decimal at any good online sportsbook.

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Betting on the NBA is widely accessible to people in Canada. To research specific laws, you’ll need to reference the province in which you live. All 10 provinces have the. NBA betting, or wagering on any sport, should come with certain rewards besides the money you get from a winning bet. Sportsbooks see how valuable their customers are and want to give back. Most betting sites give a Welcome Bonus, which matches a certain amount of your initial deposit up to a specified percentage. The Canadian company, Sports Interaction, is a great spot to place NBA bets. They have a wide selection of pre-match markets, a great looking website, and offering some of the best odds in Canada. We like Bodog for betting on NBA futures.

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Nba Sports Betting Canada

  • Yes, it is completely legal to bet on the NBA and most other sports online in Canada and in many of the United States as well. You can find many of the top online sportsbooks right here.

  • If you’re a basketball expert, you can try your luck with more futures, totals, and player prop bets, but if you’re more of a casual fan, you should stick to moneyline and point spread betting.

  • Yes, you can. Every reputable sports betting site (and surely everyone we have vetted and put on our list) allows for bettors to parlay several different bets from different markets into one wager for higher odds.

  • Sportsbooks and betting sites will take it upon themselves (or copy their neighbors homework) to evaluate the teams and how they match up with one another in each game, and set spreads and lines accordingly. As they take bets and money starts coming in, the line may move if most of the money is coming in only one of the teams. For example, if the Lakers are 3-point favorites over the Bulls, and then all the money comes in on the Lakers, the sportsbook is likely to move the line up to 4 or 5.