Best Basketball Betting Sites in Canada

When James Naismith first conceptualized the sport, it is hard to believe that he intended for it to become the global phenomenon that it is today. As things currently stand, there are over 2 billion people who follow and enjoy basketball. Naturally, this fact has gotten the attention of many basketball betting sites. Not only do they cover the NBA, but also college basketball, FIBA, and more. In Canada, basketball is easily one of the most popular sports, and there are plenty of bookies that cover the latest games. We’ve analyzed and reviewed some of the best, and in this article, we would like to share them with you. 
Written by
Steve Madson
Updated
Apr 24, 2024
Checked by
Nina Winston

Best Basketball Online Sportsbooks 2024

Safe and licenced
Safe and licenced
Top rated
Top rated
Faster payments
Faster payments
High payments
High payments
#
Rating
Bonus
Features
Play
1
Rating
5 /5
100% UP TO C$150
Boosted Odds
T&C apply
  • Only to new players 18+ on their first deposit with a maximum bonus of 180 CAD.
  • Depositing 180 CAD results in a starting balance of 360 CAD.
  • Players receive 120 free spins in sets of 30 over 4 days, with the first set credited immediately after bonus activation.
  • Winnings from free spins come with a 40x wagering requirement.
  • Calculation of possible winnings
  • Singles and multi bets
  • Various betting markets on top sporting events
  • Supports many cryptocurrencies
  • Wide range of payment methods
Established
2020
Licence
Curacao
Total Games
2500+
  • Interac
  • Visa
  • Mastercard
  • Google pay
  • Neosurf
  • Payz
  • Paysafe
  • Muchbetter
  • iDebit
  • Flexepin
  • Jeton
  • eZeeWallet
  • MiFinity
  • Bitcoin
  • Bitcoin Cash
  • CashtoCode
  • DAI
  • directDebit+
  • Dogecoin
  • Ethereum
  • Flykk
  • LUXON
  • Perfect Money
  • STICPAY
  • USD Coin
  • USDT (Teather)
2
Rating
5 /5
Up To $500
Risk Free First Bet
  • New Customer Offer
  • Minimum qualifying bet $10
  • Min odds for qualifying bet 1.80 or higher
  • Secure and diverse banking options
  • Regular promotions and bonuses
Established
1934
3
Rating
5 /5
100% up to $150
with the Greatest Odds
  • Horse Racing
  • Top Events
  • Live Streams
Established
2021
Licence
AGCO, Ontario
Total Games
4000+
  • Interac
  • Mastercard
  • Neosurf
  • Payz
  • Muchbetter
  • Flexepin
  • Jeton
  • eZeeWallet
  • MiFinity
  • Bitcoin
  • Binance Pay
  • Dogecoin
  • Ethereum
  • eVoucher
  • Litecoin
  • TRON
  • USD Coin
  • USDT (Teather)
4
Rating
4.9 /5
Read review
C$240 FREE BETS
T&C apply

The casino’s welcome bonus is exclusively for new registrants. Players must be at least 18 years old. The initial deposit bonus matches 150% up to certain limits across various currencies, with a wagering requirement of 50 times the bonus amount. Only one welcome bonus is permitted per account, and it expires seven days after being awarded. Players must wager with a max bet of €5 or its currency equivalent until wagering requirements are met. If withdrawals are requested before wagering is complete, bonus and winnings are forfeited.

  • Mobile App
  • NHL, NBA, MLB, MLS available
Read review
  • Week bonuses
  • Cashback
  • Huge payment section
Established
2022
Licence
Curacao
Total Games
9000+
  • Interac
  • Visa
  • Mastercard
  • Muchbetter
  • Jeton
  • eZeeWallet
  • MiFinity
  • Bitcoin
  • Bitcoin Cash
  • AstroPay
  • Ethereum
  • Litecoin
  • Ripple
  • TRON
  • USDT (Teather)
5
Rating
4.8 /5
Up to $500 cash
$50 in Bonus Bets!
T&C apply

New players can access the Welcome Offer upon registration. They have 7 days to deposit, wager, and claim rewards. A minimum deposit of $10 is required. Three deposit cards are available: the 1st offers up to $300 and 50 spins on “9 Masks of Fire”; the 2nd and 3rd offer up to $100 and 25 spins each. Winnings from spins are credited as real money. Players must wager their deposit 20 times to claim rewards. Game contributions vary, with slots contributing 100% and some games excluded. Players can decline the offer or let it expire.

  • Min deposit: $10
  • 10x wagering
  • Min odds: 1.8
  • Sports betting available
  • Live Casino Games
  • LeoSafePlay tools
Established
2012
Licence
AGCO, MGA, Ontario
Total Games
1500+
  • iDebit
  • Interac
  • Mastercard
  • Muchbetter
  • Neosurf
  • Visa

Top 5 Basketball Betting Sites in Canada

SportsbookEstablished YearLicenseBonus
William Hill1998MGA, GRAUp to C$500 Free Bets
22Bet2007UKGC100% up to C$300
Parimatch2019Curacao100% Match Deposit
20Bet2020Curacao100% up to C$150
Sportaza2021Curacao100% up to C$150
Basketball Betting Sites
William Hill Casino welcome offer
William Hill Welcome Bonus

Current Basketball Betting Promotions

SportsbookMinimum DepositMinimum OddsOffer AmountBonus
William HillC$101.80Up to C$500 Free BetsFree Bets
22BetC$11.40 or 2/5100% up to C$300Match Deposit
ParimatchC$102.0 or 1/1Up to C$150 Free BetsFree Bets
20BetC$151.40 or 2/5100% up to C$150Match Deposit
SportazaC$201.50100% your C$150Match Deposit
Basketball Betting Promotions

How Sports Betting Bonuses Work

  1. Step 1 Register

    The first step is the easiest. All you have to do is create an account at one of the websites that we’ve listed. When creating an account, make sure that the sportsbook is licensed and has bonus offers that you can reasonably claim.

  2. Step 2 Password and User

    Make sure you create a strong password and an anonymous username. For most customers of the best sports betting sites Canada, anonymity and safety is a top concern. For good reason too, as digital data protection should be everyone’s top priority.

  3. Step 3 Follow the Bonus T&C

    Before you begin betting, make sure you give the bonus terms and conditions a read-through. Here, you will find any stipulations that you need to fulfill if you want to take advantage of the bonus.

  4. Step 4 Start Betting and Collecting

    When everything is said and done, you can finally start betting on sports. Use your bonus and enjoy some of the best basketball sports betting platforms online. 

20Bet Claim Bonus
20Bet Claim Bonus

Getting Started at Basketball Betting Sites: Step-by-Step Guide

  1. Step 1 Register

    We already addressed this in the previous section. The first thing you need to do is register at a safe, reliable, and licensed website. Create a strong password and an anonymous username, register your account, and then verify it through the email you’ve used to sign up. The whole process is simple and won’t take more than a couple of minutes.

  2. Step 2 Banking

    After you’ve registered and created your account, it is time to fund it. Visit the sports site you are using, and go to the section marked “Deposits,” “Cashier,” or “Banking.” Select the payment option and amount you would like to deposit, and make sure to type in a bonus code if you have one. 

  3. Step 3 Place a Wager

    If your account now has money in it, it is time to place wagers. Go to the sports section of your online sportsbook and place a basketball bet. You can wager on the National Basketball Assocation, on college basketball, or on FIBA. The choice is ultimately up to you. 

  4. Step 4 Make a Withdrawal

    If you’ve read the odds correctly, and had Lady Luck on your side, you may have won your wager. Now it is time to collect. Withdrawing at the best sports betting sites Canada is a simple matter. All you have to do is go to the “Banking” page and click on “withdraw.” Then type in the sum you want to collect and wait for your payout. Payouts might take a couple of days to process, and you should be mindful of limits. 

Sportaza Registration and Welcome Bonus
Sportaza Registration and Welcome Bonus

Choosing Basketball Games to Bet Online

NBA

Naturally, so many views are invariably accompanied by a lot of betting. Basketball betting sites in Canada pay close attention to the NBA, especially for Toronto Raptors games. However, we wouldn’t recommend betting on a team because they are your favorite, or out of a sense of national pride. Rather, focus on the odds.

WNBA

Canadian sportsbooks cover the WNBA with as much care and attention as they do the male counterpart. Punters will find basketball, betting on March Madness for example, offers for the WNBA, just as frequently as they will find bonuses for the men’s association. If that sounds like fun, we recommend you give it a shot.

Betting on NBA
NBA Betting in Canada

College Basketball

To many, college basketball is just as exciting, if not more so, than the professional leagues. In the USA and Canada, college sports, like NCAAB betting lines, have taken a life of their own, especially when it comes to betting. Events are televised, discussed by professional critics and analysts, and college athletes get respect that parallels some pros. Plenty of sports betting sites have college basketball betting offers, and cover events like March Madness with great care. 

Find the Best Bets on Basketball in Canada

Moneyline

Moneyline bets are simple and easy to understand. For the most part, they are straightforward bets that involve wagering on which team will win a game. Moneyline bets indicate the possibility of a payout by using positive (+) and negative (-) numbers. For the unaware, below is an example of how it works.

Negative numbers indicate the favorite, and they show how much money you would need to wager in order to win CA$100. On the other hand, positive numbers show the underdog, and tell you how much you can win if you were to bet CA$100. For example, if moneyline odds show: 

  • Team A: +540
  • Team B: -400

It means that Team A is the underdog, and that if you wager CA$100 on said team, and they win, you would get CA$540, and your original wager, for a total of CA$640. On the other hand, you would need to wager CA$400 on Team B in order to get a payout of CA$100, for a total of CA$500.

Futures

Future bets are a more complex and long-term version of moneyline bets. Rather than wagering on immediate games, Futures bettors place a bet on the outcome of a tournament. For example, if you were to wager on which team would win the WNBA championship in 2024 during the start of the season, you would be making a futures bet.

Over/Under

Sportsbooks often offer odds like if a team will score 100 points in a game, for over/under bets. Bettors predict if the score will be over or under 100. These bets, requiring analysis, aren’t ideal for beginners. Start with simpler moneylines and futures before trying over/under betting.

  • Parlays

    Possibly the most complex option for basketball bettors, Parlays are bets that combine multiple wagers into one. What makes parlays tricky is that you have to get each and every one of the wagers right in order to win the cash. That is why newbies should absolutely avoid parlays until they are secure enough in their own research and analysis skills.

  • Props

    Proposition bets can be fun for newbies as well as seasoned bettors. The idea is simple, the sportsbook makes a proposition, and you bet on the likelihood of the outcome. For example, you could wager on the number of fouls in a game, or how many three-pointers a player will score, etc. Props can be fun, but don’t go overboard, especially if you are a newbie.

  • Live/in-Game

    Finally, live betting is now possible thanks to livestream technology. You can actually make wagers as the game is happening in real time. While payouts will undoubtedly be lower, you have a lot more information to go on, which makes live betting the perfect place to start. 

What Makes the Best Basketball Betting Sites?

Now you know which events you can bet on, and what kind of bets you can make. But, what really matters is; what makes a basketball betting site good. In this article, we will discuss that very topic. Let us go over the factors that contribute to a bookie being called “the best.” 

NBA betting odds
NBA Betting Odds

Odds

The most important thing is for the sportsbook to offer excellent and fair odds. Usually, licenses indicate that a sportsbook has been reviewed, and therefore has fair odds. However, we always recommend checking it out for yourself, and determining whether you agree with the bookmaker. If the odds seem skewed, then look elsewhere.

Accessibility

Obviously, the main point of online sports betting Canada platforms is to make it easier to access your favorite sport. If a website is difficult to access, then there are plenty of other top-quality sites that will make it a lot easier for you. Don’t waste your time.

Markets

Even if basketball is all you are interested in, having multiple markets to choose from is always a good thing. It means that the sportsbook’s staff take their job seriously. Look for bookies that cover a wide range of sports and events within the sports. 

Promotions

Bonuses are the main reason that you are visiting online sportsbooks in the first place. If the bookie does not have adequate basketball bonus offers, you can always look elsewhere. There are plenty of basketball betting apps to choose from. 

In-App Basketball Betting

Speaking of betting apps, let us discuss the mobile options for basketball bettors. The websites we mentioned in the above tables all have top-notch mobile apps that you can download directly from the website using an APK. 

Mobile betting is another way in which sportsbooks have improved. You can use any electronic device to access these bookies and wager from anywhere in Canada. Whether you are commuting to work, on a break, in the café, or at home, basketball betting sites are always available.

22Bet Mobile App
22Bet Mobile App

History of Basketball Betting

Basketball Betting FAQ

What is the hottest basketball team of all time?

The Chicago Bulls, led by Michael Jordan during the 90s, are widely regarded as one of the most sensational basketball teams of all time.

Are online sportsbook sites safe to access?

Yes, online sportsbooks are generally safe in 2023. However, it’s important to verify their licensing to ensure fairness and security.

Are money lines the best bets for NBA?

They are definitely the most popular. Different people enjoy different things, so we can’t say definitively that they are “the best.”

What is the best app to bet on Basketball games?

The apps listed in this article are all very safe, secure, and offer some great options for basketball betting.

Where can I find the best Basketball betting lines?

Websites such as 22bet, 20bet, Parimatch, etc. all offer great options for basketball betting lines.