Basketball Betting Odds for Canada

Last Updated: 26-06-2023 14:44

Welcome to Betiton™’s Canadian basketball sportsbook for NBL betting. We also cover NBA betting odds, NCAA college basketball, EuroLeague, BCC and FIBA betting. Weather it’s the NBL Canada finals, NBA play-offs or NCAA March Madness, Betiton™ offers thousands of basketball betting markets for both futures and in-play betting. We offer among the most competitive basketball odds in the sport betting industry.

Bet on Basketball online

In betting terms, basketball is mostly seen as being much more fast-paced, unpredictable and entertaining than most other sports. A basketball game is extremely dynamic and the winner is often separated from the loser in the final seconds of the game with a point or two.

Whilst this makes for one of the most exhilarating sports on offer, basketball is also a potential goldmine for discovering exciting betting options. It gives sports bettors a lot of opportunities when it comes to betting. Around the world, the NBA remains the most popular league for basketball bets, but here at Betiton™ we cover other competitions as well.

Bet on the Most Popular Basketball Leagues

NBL Betting

The National Basketball League of Canada may not be the most well known basketball league worldwide, but fans of the London Lightning, Windsor Express or KW Titans have a home in Betiton™ for their NBL bets.

Founded in 2011 The NBL Canada is split into the Atlantic Division and Central Division. Although the 2020-21 season may have been cancelled, the 2022 season is now underway with the latest NBL odds available here.

NBA Betting

When it comes to basketball betting, there really is no greater competition than the NBA. Established back in 1946, the NBA is renowned worldwide as the premier basketball competition for fans to place their online bets with legendary Star players such as Kawhi Leonard, LeBron James, Anthony Davis, Giannis Antetokounmpo, James Harden, and Steph Curry.

Divided into two separate conferences, the Eastern and Western, the NBA league is made up of 30 teams based in both the US and Canada. Each of these play out 82 regular-season games running from October to April. The top 8 teams in each conference are then seeded in order of record to play in a best-of-seven tournament. Finally, the conference champions will meet in the NBA finals in June to compete for the Larry O’Brien Trophy.

Betiton™ has got hundreds of pre-game and in-play markets to cover your NBA betting needs throughout the season with NBA odds for every single regular season and playoffs game.

NCAA College Basketball Betting

The ever-increasing popularity of college basketball betting has established the NCAA (National Collegiate Athletic Association) as a highly competitive and evolving market. College basketball has been around since 1891, with campuses across the US competing for both state and national championships. The NCAA Division I men’s basketball tournament, commonly referred to as March Madness, has become synonymous with college basketball betting as one of the biggest betting frenzies of the year. It sees 68 teams compete in a single-elimination tournament over seven rounds for the national championship.

Teams such as Notre Dame and Duke are well known in college basketball circles for producing some of the most exciting young players who’ll eventually rise to the ranks of NBA stars. For all your NCAA betting needs, from March Madness, through the Sweet 16, Elite Eight and, finally, the Championship, Betiton™ has your NCAA odds right here.

Euroleague Betting

Whilst still trailing behind the NBA in terms of audience viewers and income streams, Euroleague betting has grown exponentially in recent years. The event started back in 1935 and today has become an excellent source of entertainment for our users from Canada.

The advancement of technology has allowed the live streaming of Euroleague fixtures to give the competition a greater presence in basketball markets worldwide. The regular season consists of 30 games as teams aim to reach one of the 8 qualifying playoff positions. The 8 successful teams will face off in a 5-game series, with the 4 winners qualifying for the Final Four, where the overall champion is crowned. The league consists of some of the top teams from around Europe including Spain’s Real Madrid and Russia’s CSKA Moscow.

If you’re a fan of European basketball then Betiton™ has plenty of Euroleague odds and markets on this page.

Basketball Betting Lines

If you wish to begin basketball betting, the first thing you’ll need to know about is what the betting markets are. if you’re familiar with NFL betting and betting on other American sports, then basketball betting lines should be very familiar.

Basketball betting lines are the basketball bets available on our Canadian sportsbook. Betting lines are offered on the conditions that need to happen during the game for the bet to win, such as which team will win or how many points will be scored for example.

Each betting line has odds attached to it. These odds are calculated according to many factors, including the performance history of the teams involved, which players will be on the court, their health, and many external factors.

Here are some of the most popular types of basketball bet:

Money Line Bet

Perhaps the most popular basketball bet is the Money Line bet. This is the simplest and most straightforward type of bet. With money line bets, you are simply betting on who will win the game.

A moneyline is the ‘Odds to win’ for an event with a winner and a loser. Basketball Money Line bets include overtime, meaning one way or the other, there is always a winner and a loser.

Point Spread Bet

Another popular basketball bet is the Point Spread bet. In the point spread or ‘basketball lines’ system, you are placing a bet on whether a team will win or lose by a predetermined points margin. Points Spread bets act as a handicap for a particular team. Favorites are given handicaps like -5.5 and underdogs are given extra points like +5.5. After the final scores for both teams are in, you add or subtract from their total to see if your team beat the spread and your bet is a winner.

For example, if you bet on the Golden State Warriors to win with a -8.5 handicap, that means Golden State must win the game by 9 points or more for them to ‘cover the spread’ and for your bet to win.

Handicap Bets

There are certain teams that are so powerful that sports fans and punters will already know that they’ll win the match. This creates an awkward situation where betting on the favorite is unprofitable and betting on the underdog is a waste of money.

This is where handicap bets come in. Handicap bets, or line bets as they’re also known, serve to ‘level’ the playing field by giving the underdog a head start and the favorite a handicap. What that means is that the underdog starts with a positive number of points.

On the other hand, the favorite starts with a negative number of points. In the actual game, they’ll still both start with 0 points, and the handicap only applies to the bets. So, in reality, the team you bet on could lose but you could still win the bet.

To illustrate our point, let’s use an example: in an NBA match between the Los Angeles Lakers and the Cleveland Cavaliers, you could a handicap of +10/-10. This means that the Cavalier will start with 10 points, and the Lakers with -10 points.

Thus, the Lakers will need to score an extra 20 points for a wager on them to be successful. On the other hand, if the Cavaliers either win the game outright or they lose with no less than 10 points, than a bet on them will win.

Total Bet (Over/Under Bet)

Also known as ‘over/under’, total betting is another popular way to bet on basketball. In total betting, you are placing a wager based on whether or not the two teams on the court exceed or fail to meet a certain combined score.

This is an interesting betting market that’s played “against the bookie.” By that we mean that the bookmaker will declare his estimate of total points scored in a game. Punters have to go against his estimate by betting that there’ll be more (over) or less (under) total points.

Let’s say that you place a bet on a Sudbury Five and Windsor Express game with a point total set at 165.5. If you believe that they will combine for more than 165.5 points, your bet would be on the over. If you feel that Sudbury Five and Windsor Express won’t reach that total combined score, you would bet on the under. So now, if they get a final score of 90-75, the total would be 165 and the bets on the under would be successful.

First Scorer to X Points Bet

This bet requires you to wager on whichever team you think will reach a set amount of points first. For example, betting on the Chicago Bulls to reach, or surpass, 20 points first.

Most Valuable Player Bet

You can also bet on which player they think will win the illustrious Most Valuable Player award in the NBA. This is an award given to the top-performing player in the NBA and decided by a panel of sports broadcasters and sportswriters.

Proposition Bets

There are all kinds of additional basketball prop bets to choose from. If you want to bet on how many times a certain player slam dunks, or how many 3-pointers will be shot, prop bets will cover that.

Parlay Bets

A parlay is an accumulation of bets to increase your winnings. For a parlay to be successful you must accurately make several winning picks. By combining several bets into a parlay, the chances of winning are less, but the rewards are much greater if you pick correctly.

Basketball Betting Odds Explained

Basketball odds are always changing by the minute. If you want to be a pro in basketball betting you will need to understand how basketball betting odds work.

First of all there is always a favorite team and an underdog, and the odds demonstrate which is which. If your bet has +200 odds of winning, and you bet $100, your bet will win $200 on top of your original $100 placed. There are many different odds and betting types that are used for basketball betting online.

It is important to know that odds come in one of either 3 formats, which are: decimal, fractional, and American (or moneyline). Our Canadian users will generally encounter decimal odds on the sportsbooks they visit.

The Betiton™ basketball sportsbook offers all 3 odds formats. These formats all show the same odds but in different ways, meaning that picking between the 3 is solely a matter of preference. However, there’s a principle that all of these odds follow.

The higher they are, the higher the associated risk and the higher the reward. On the other hand, the lower the odds, the lower the risk but the lower the payout. Now, let us go through the formats and how they work.

Decimal Odds

Decimal odds work using decimal numbers, with the lowest possible number being 1. 1 indicates a 100% chance of success and anything above means that the likelihood of something happening is lower. You can intuit the likelihood using that number.

At the same time, you can calculate your payout using a simple equation. By multiplying your bet by the odds and then subtracting your original bet from the result, you can figure out the profit of the bet. Don’t worry, it’s not complicated.

Let’s say you bet $10 on odds of 4.25. To calculate your payout, simply do the following:

• 10 x 4.25 = 42.5
• 42.5 – 10 = 32.5

Therefore, the payout of the bet is $32.5.

Fractional Odds

Another common format is the fractional odds. These are typically used in Ireland and the UK, and they use fractions. There are a couple of simple tricks that you can use to determine both the payout and the probability of these odds.

By simply looking at the numbers in the fractions, you can easily determine both things. To figure out the likelihood of the odds, check which number is the greater in the fraction: if it’s the right number, then the odds are low.

If it’s the left number, then the odds are high. Using the same numbers, you can figure out how much the bet pays out: take the right number to mean your bet, and the left number to mean the payout of the bet.

So, for example: odds of 2/7 mean that for every $7 you wager, you’ll receive $2 on top of it. On the other hand, odds of 7/2 mean that with every wager of $2 you place, your total return will be $9 as you’ll have received an additional $7.

American Odds

The final format we’ll be talking about is American or moneyline odds. These are mainly used in America and use a system of positive and negative numbers, generally being in the hundreds.

These odds serve a particular purpose, in that, they can show you either of two things depending on whether the numbers are positive or negative:

1. Positive: how much you’ll receive when placing a $100 bet
2. Negative: how much you need to wager to receive a payout of $100

To show you how this works, we’ll use a couple of examples: odds of -400 mean that you need to wager $400 to get a payment of $100. On the other hand, odds of 400 mean that for a $100 bet, you’ll receive $400 on top of it.

It’s largely because of this that American odds are also known as moneyline odds. At the same time, the more positive the numbers are, the higher the odds are; whilst the more negative they are, the lower the odds.

Basketball Betting Tips

Finding the best basketball odds online is not hard. Betiton™ provides some of the most competitive basketball odds around. Our basketball odds for the NBL, NBA, EuroLeague and anything in between, pre-game or in-play are some of the best around. However, to help improve your game we recommend the following basketball betting tips:

Use Basketball Betting Tipsters

Taking a look at some of the major tipsters might help increase your chances of success at betting. The first thing to consider is that the odds for basketball can change extremely quickly due to how the matches progress. Odds can fluctuate massively in basketball betting, so it’s important to stay up to date with player form, tournament history, and weather changes. This is why doing your own research is imperative, apart from other reasons.

Tipping accounts on social media have seen a huge increase recently, with some of the biggest firms boasting huge followings on Twitter. Take your time to sift through the tips and choose the ones that suit you the most. Doing your own research is also important because tipsters sometimes overlook things that you might be able to pick up on. Moreover, it’s much more satisfying to make your own picks and wagers rather than following other people’s advice.

The Lineup Isn’t Final Until Tip-Off

Basketball is a unique sport in that the players on the court lineup will be exchanged all the way until the game actually starts. Pay attention to social media and be aware of any last-minute lineup changes. A team that suddenly sits their best player is suddenly a great opportunity to bet against the spread, for example.

Account for Scheduling

When a condensed NBA season has 82 games, there are going to be quite a few occasions when players are forced to fly across the country to play two games in three days. When that happens you can presume that fatigue from the games and travel will impact the strength of the team and effect your prediction of how the game will go. It is very important to pay attention to play scheduling, team travel and home/road advantages.

Pay Attention to Statistics

Basketball has a lot of data. You can use player statisitc to help decide your bets. Data such as turnovers, team rebounding and 3-point shooting percentages as can help you decide your basketball bets.

The Best Basketball Teams to Bet On in 2022

As part of your research, you should definitely look up who the top performing teams currently are. This way you’ll gain a finer understanding of what makes a team good or not, knowing who the top contenders are, and so on.

To help you with your research, we’ll be providing you with a table of the current top 5 teams in the NBA. Of course, these statistics are bound to change as the competition progresses, so be sure to do your own research as well.

N.B. Accurate as of the NBA Team Rankings of May 2022.

Basketball Betting Events of 2022

Slam Dunk Our Welcome Bonus & Enjoy

Betiton™ has a special gift in store for new users signing up from Canada! To welcome new users to our growing platform, we are offering an extra bet bonus. It works like this: receive $10 if you bet $15 or more. Simple, right?

You can use this bonus to bet on the sporting event of your choosing. Be aware that the extra bet cannot be split. You’ll therefore have to use this bonus all at once. Why not take advantage of this promotion to place a bet on the NBA?

Don’t forget about the other exciting promotions we offer for our existing users to keep them coming back for more. All the information regarding Betiton™ promotions is available on our “Promotions” page.

Finally, we have other conditions attached to the use of this bonus. We strongly suggest that all of our users read our terms & conditions, as well as our bonus policy, both of which can be found in the footer of each one of our pages.

Basketball Betting With Ease & Safety

Betiton™ ensures our users enjoy a stress-free experience when depositing and withdrawing funds. In order to deposit funds successfully into your account, navigate to “Cashier” and select “Deposit”.

Next, you must choose a suitable payment option and enter the exact amount you want to deposit. Please note that the minimum deposit amount is $10. Betiton™ accepts a wide variety of payment methods.

These include the following: Visa, Mastercard, Bank Transfer and Skrill. If you wish to withdraw cash, select “My Account” and then press “Withdrawals”. Simply choose the amount you would like to take out and choose an appropriate payment method.

Finally, it’s good to keep in mind the various limits we have on both deposits and withdrawals, both of which start at $10. Deposits have a maximum of €5000 per transaction, and they’re instantly transacted.

Withdrawals, on the other hand, have a maximum of €7000 per month. Moreover, withdrawals undergo a processing period that might take up to 48 hours. Afterwards, the money can start making its way to you.

Mobile Basketball Betting

Betiton™ is building a massive reputation with online bettors by offering one of the fastest and most reliable mobile sportsbook services around.

In today’s world, betting while you are out and about is easier than ever and allows punters even more options when betting on the basketball events they enjoy most.

Scroll through an array of betting options to find juicy odds on the latest basketball tournaments right at the end of your fingertips. The advantage of using your mobile device is that it offers you the chance to place that last-minute bet on the go.

Our mobile betting site looks the same as the online platform: it’s straightforward to navigate and ensures your data remains secure. Ultimately, this lets you make the swap to mobile betting without breaking a sweat.

Basketball Betting & Sports Betting Online Safely

Betiton™ is dedicated to providing a safe and responsible gaming environment for all our users. We want to educate our Canadian users on the dangers of irresponsible gambling and help empower them through knowledge.

To do this, we have a dedicated responsible gaming page that provides our users with certain information that should help them keep their gaming responsible. These including responsible gaming tips and symptoms of problem gaming.

Moreover, we offer a number of countermeasures that serve to help users limit their gaming. These measures include deposit and time limits. We also offer the option for users to self-exclude in case gaming becomes too much for them.

It is against the law for anyone under the age of 18 to bet on our platform and we take protecting children from underage gambling very seriously. Players with children should strive to prevent their children from being exposed to gaming.

To help these players out, we have provided tips that instruct them on how to prevent their children from being exposed to gambling. Furthermore, we have provided links to a number of programmes that prevent children from accessing gambling sites.

Our customer support staff are always on hand to help steer you in the right direction, whatever the issue. If you need to self-exclude, contact our customer care agents and they will help you out. For more information, visit our responsible gaming page.

Frequently Asked Questions About Basketball Betting