How To Bet On The NBA In Canada

By Basketball

The 2019-20 NBA season is about to restart after a four month hiatus. The twenty-two teams who still have a shot at the playoffs have gathered in a bubble in Orlando to play 8 more regular season games before the first round of the playoffs gets underway on August 17th.

The Bucks and Lakers were leading the two conferences when the NBA stopped play in March, and they along with the LA Clippers, are the three favourites to win the NBA Championship heading into the restart. The Toronto Raptors were third in the league with 46 wins (2 more than the Clippers) at the stoppage, but they are being overlooked by NBA Championship bettors and are currently the seventh favourites according to some oddsmakers with 20-1 odds.

Having the NBA restart in August, with an eventual NBA Champion being crowned in early October will definitely liven up the summer from a sports betting perspective. I expect a lot of NBA betting to occur over the summer months, which is why I wanted to create this beginners guide to betting on this NBA restart.  On this page I will look at the current NBA Championship odds to kick off the restart, breakdown some of the popular bets you can make on an NBA game and also give you a simple 3 step guide to follow when you’re ready to place your first NBA bet.

2020 NBA Championship Betting Odds

Here is a screenshot from SportsInteraction.com of the current NBA Championship odds heading into the restart:

The Raptors are 14-1 here, but you can also get them at 20-1 at BetOnline.ag. Because SIA is a Canadian betting site their odds on the Raptors may be shorter than other books.

As you can see the Lakers, Bucks and Clippers are the three favourites, by a significant margin. That said, I would not count out the Raptors, Rockets, Celtics, Sixers or Nuggets heading into this restart. Even the Mavericks at 40-1 could be a good bet if Doncic and Porzingis catch fire.

Popular NBA Betting Options

The three most popular bets in a basketball game are the point spread, money line and over/under bets.  Let’s look at a quick example of each using a screenshot from Sports Interaction for a game between Boston and Milwaukee.

Point Spread

In this example there is a 4 point spread in this game in favour of Milwaukee.  This is indicated by the (-4) beside Milwaukee and the (+4) beside Boston.  A spread bet on Milwaukee wins if the Bucks win the game by 5 or more points, while a spread bet on the Celtics wins if Boston either wins the game outright or loses by 3 or fewer.  If the Bucks win by exactly 4 then the bet is returned and graded as a “push”.

Money Line

The money line bet is a straight up wager on which team will win the game.  The odds vary depending on if the team is the favourite or the underdog.  In this example, we already knew that Milwaukee was 4 point favourites, so it’s no surprise that there money line odds are just 1.56.  This means that any bet amount can be multiplied by 1.56 to find the payout of a Bucks win.  For example, a $100 bet on the Bucks would payout $156 for winnings of $56 if they won the game.  On the flip side a $100 bet on the Celtics would payout $250 for winnings of $150 if the Celtics pulled off the upset.

Over/Under

The over/under is a wager on the total number of points to be scored in the game by both teams combined.  The over/under for this game is set at 205.5.  If 206 or more points are scored then the over bets would payout, while if 205 or fewer points are scored in the game then the under bets would payout.

Check out our basketball betting page for a more detailed breakdown of each of these wagers.

3 Step Guide To Place an NBA Bet From Canada

Are you ready to make your first NBA wager online?  If so, follow this simple 3 step guide to have your wager placed in minutes.

Step 1. Open an Online Betting Account

SportsInteraction.com is our top rated betting site for Canadians.  The screenshots above were taken from their site.

Sports Interaction is completely focused on the Canadian marketplace and providing the best possible platform for Canadians to wager on sports online.

We have an exclusive deal with Sports Interaction where new sign ups from HowToBet.ca receive a 100% up to $200 bonus on your first deposit.

Click here to open your account at SportsInteraction.com.

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I suggest opening accounts at more than one betting site to allow yourself to compare odds and ensure you get the best return on every bet.  Not to mention the free sign up bonus money available!  Click here to check out the reviews of our 3 recommended betting sites for Canadians.

Step 2. Deposit

Sports Interaction accepts Visa, MasterCard, Interac e-Transfer, iDebit, paysafecard and more.  They have made it very easy for Canadians to get money into and out of their site.

I do suggest taking full advantage of the $200 sign up bonus.  It’s easy to clear if you’re planning on betting on the NBA throughout the season.

Step 3. Place Your NBA Bets

To find the NBA betting lines at SportsInteraction.com, click on ‘Sports’ in the top navigation bar and then select ‘Basketball’ -> ‘USA’ -> ‘NBA Games’ in the drop down menus.  Here’s a screenshot of what it will look like:

On the NBA page you will see all of the games that you can wager on for that evening.  When you select your bet it will show up in your ‘Bet Card’ on the right side of the screen.  After you enter your bet amount you will see the ‘Bet Payout’ show up, which shows how much will be returned to your account if your bet wins.  If everything looks good, select ‘Place Bet’ and your wager is confirmed.

Check out our basketball betting section for more information about wager on basketball online.  And if you have any questions regarding betting on NBA games do not hesitate to contact me.

Ready to bet?  Click here to visit SportsInteraction.com


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