Best NBA Betting Sites & Apps 2023

Best NBA Betting Sites & Apps 2023

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With new stars like Victor Wembanyama and Scoot Henderson entering the league and a potential dynasty brewing in Denver with the defending champion Nuggets, the 2023-24 NBA season promises to be an exciting one. NBA betting sites continue to grow and Pickswise is here to help find the best NBA sportsbooks for you.

You’ll learn all about the best basketball betting sites, including amazing welcome bonuses, great futures betting opportunities and much more as we break down the best NBA betting sites for the 2023-24 season.  

Top 5 NBA Betting Sites 

Below is a list of the five best basketball betting sites currently available. These are respected leaders in the online sports betting industry offering user-friendly platforms, secure networks and top-notch customer service.

The best NBA betting sites provide enticing welcome offers and then furnish you with solid ongoing odds boosts and promotions once you’ve become a member. And they do this while supplying you with numerous comprehensive betting options throughout the season. These top NBA sportsbooks value loyal customers by providing a consistently satisfying and enjoyable betting experience.

SportsbookWelcome Offer + CodePickswise Rating
BetMGM$1,000 in Bet Credits4.8/5
FanDuel$1,000 No Sweat First Bet4.7/5
DraftKingsBet $5, Get $200 in Bonus Bets4.7/5
Bet365Bet $1, Get $200 in Bonus Bets4.6/5
CaesarsFirst-Bet Insurance up to $1,2504.5/5

NBA Betting Sites

In this next section, we will go into deeper detail on the five best NBA betting sites. This will include a summary of the sportsbook itself, their current welcome offer, what states you can bet with them and, most importantly, why you should bet with them.

#1 DraftKings NBA

DraftKings Sportsbook is the strongest of all the NBA sportsbooks. It continues to be the predominant platform for sports betting. DraftKings has earned its reputation by boasting some of the best betting experiences on the market and its advanced security makes it a safe sports betting platform. 

DraftKings welcome offer

DraftKings allows you to unlock $150 in bonus bets just by signing up, depositing $5 or more into your new account and then placing an initial qualifying wager of $5 or more. That initial wager immediately guarantees you $150 in bonus bets, regardless of whether that first bet wins or loses. You can place that first wager on an NBA prop bet like who will win Rookie of the Year, or countless other sports markets offered by DraftKings Sportsbook. Click here to claim this DraftKings welcome bonus.

Why you should bet with DraftKings

  • Two dozen sports markets to choose from daily
  • Extremely user-friendly interface 
  • Proven, industry-leading technology you can count on

What states is DraftKings available in? 

Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming. 

#2 FanDuel NBA

FanDuel is one of the best NBA betting sites around. It offers a complete wagering experience for all users, through various methods, on 20 different sports markets. FanDuel also provides great service to its customers from the outset. 

FanDuel welcome offer

FanDuel offers new customers a $1,000 No Sweat First Bet deal, which provides complete insurance on your initial wager. Once you register and set up your account, all you need to do is place your first official bet on the NBA or any of the other sporting markets available. And you’ll be making that initial wager knowing that you are covered 100% up to $1,000. You can sign up for this FanDuel new-user bonus with our links.

Why you should bet with FanDuel

  • Incredible deals like this $1,000 No Sweat First Bet welcome offer
  • Fantastic and comprehensive betting options
  • User-friendly interface

What states is FanDuel available in? 

Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming. 

#3 Caesars NBA 

Caesars is one of the long-established icons of the Las Vegas gambling scene. That tradition continues with Caesars Sportsbook and its online sports-betting operation, which lives up to the high standard of the brand. Caesars Sportsbook is easily one of the best basketball betting sites in the industry.  

Caesars welcome offer

With Caesars Sportsbook, your first bet is guaranteed up to $1,250. It’s simple. If your first bet wins, you keep those winnings. If it loses, you’ll get a bonus bet up to $1,250 within 48 hours. And that’s not all. You’ll also get 1,000 Tier and 1,000 Rewards Credits® to use across the sportsbook and on Caesars’ other products. Take advantage of this Caesars promotion today. 

Why you should bet with Caesars

  • Iconic brand backed by more than 80 years’ experience
  • Offers one of the largest and most extensive sports markets to bet on
  • Impeccable customer service and advanced security

What states is Caesars available in? 

Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming. (Also available in Washington, D.C.)

#4 BetMGM NBA

With a brand name trusted around the world, MGM joined the online sports betting industry in July 2018 with BetMGM, which is now firmly entrenched in 20 states and offers one of the best NBA betting sites around. It offers a reliable and trusted platform with which to bet daily. 

BetMGM welcome offer

BetMGM offers a chance to kickstart your betting career with 100% insurance on your first bet, up to $1,000. Once you claim this offer and set up your account, you can place your initial wager on the NBA or any of the 22 sports markets currently available at BetMGM Sportsbook and know that up to $1,000 of it is covered.

Why you should bet with BetMGM

  • Great daily boosts and promotions
  • Countless sporting options to choose from
  • A user-friendly platform that is completely secure

What states is BetMGM available in? 

Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming. (Also available in Washington, D.C.)

#5 Bet365 NBA 

With great odds and a streamlined sportsbook, Bet365 is one of the best NBA sportsbooks around. The Bet365 platform has been an industry leader for more than 20 years. With a massive selection of in-play betting options, including more than 20 sports markets, Bet365 has served more than 60 million customers. 

Bet365 welcome offer

As one of the best basketball betting sites available, Bet365 has a great welcome offer to bring you aboard for the 2023-24 season. Simply register with Bet365 Sportsbook, deposit at least $10 into your new account and then place a bet of $1 or more. It doesn’t matter if that first bet wins or loses. You automatically receive $200 in bonus bets just for placing that initial wager.

Why you should bet with Bet365

  • More than 20 years of industry-leading experience
  • Impressive sports coverage and user-friendly platform
  • Great welcome offers and ongoing boosts and promotions

What states is Bet365 available in? 

Colorado, Iowa, New Jersey, Ohio, Virginia

How we Rate Basketball Sportsbooks

When it comes to finding the best basketball betting sites, I want a professional experience that is quick and easy with a reputable industry leader. I bet regularly, so I want to be able to get in and out of my bets without much fanfare. 

Now, I have accounts with a handful of NBA betting sites so I can consistently compare odds and see what different props bets, future bets and in-game boosts I can get throughout the season. That’s why the welcome bonuses and ongoing promotions are always important to me. The ones I have listed here get you anywhere from $150 in bonus bets to $1,250 in first-bet insurance. That is what you deserve, especially as a new customer coming abroad. If the top NBA sportsbooks can provide you with these compelling and confidence-building offers, you shouldn’t settle for anything less. 

I rated these as the best NBA betting sites based on the quality of offers available, the odds values on games and futures bets and the overall range of the basketball markets.

How to Sign up With a Basketball Sportsbook Online

Registering with all the best NBA betting sites is quick and painless. Simply sign up for these NBA sportsbooks by clicking on one of our links. On their platform, enter your personal information, such as your name and date of birth for identity purposes. Choose a personalized username and password if required. At this point, you should be fully registered. All you need to do now is deposit some funds and place your first wager and you are off and running.

How to Choose a Sportsbook for Basketball? 

Choosing one or more of these basketball betting sites can depend on the kind of NBA betting experience you want. You can place futures bets on who you think will win the NBA Finals, who you think will win the MVP and much more.

Then, you can go real deep into the weeds to make prop bets. You can wager on who you think will win the Eastern and Western Conference and you can even bet on Victor Wembanyama versus the entire rest of the rookie field for the Rookie of the Year award. Your waging options will only increase during the regular season and playoffs.

When I was selecting the NBA sportsbooks that best fit my needs, I looked at the full range of markets for basketball available, what in-game boost options are available, payout speeds and whether live streaming is available or not.

Which Basketball Betting Site Provides the Best Odds? 

You should register and set up accounts with more than one of these NBA betting sites. Remember, the odds at each of the NBA sportsbooks can vary, so it depends on which market you’re betting on. 

Are these Basketball Sportsbooks Legal and Legit? 

Yes, all of the basketball betting sites we have mentioned are legal and legit. Here are the states where online sports betting is legal: 

  • Arizona
  • Arkansas
  • Colorado
  • Connecticut
  • Delaware
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Massachusetts
  • Maine
  • Michigan
  • Mississippi
  • Montana
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Dakota
  • Tennessee
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin 
  • Wyoming
  • Washington, D.C.

The NBA betting sites I have covered are the standard. Betting on the NBA is legal in the United States, and sportsbook operators need to get their state license accepted before they can offer online betting. Most states only offer a finite amount of those licenses. That’s why some of our industry leaders are legal in more than 20 states while others are legal in less than 10.

FAQs

Can you watch basketball games on online betting sites?

Yes, live streaming of games is available on multiple NBA betting sites.

DraftKings is the best of all the top NBA sportsbooks. Because of its great offers, comprehensive market depth, basketball-related promos, and top-notch customer service.

The best NBA betting sites accept various payment options. Depending on the sportsbook, these include: online banking, credit and debit cards, PayPal, cash, VIP Preferred e-check, wire transfer, and much more.

Luke Lindholm

Managing Editor for US Media Partnerships

Writer for Pickswise. Luke was born in PA but raised in MA and has been writing about major sports for 2 years. He plays soccer and basketball with a love for the EPL, NBA, NFL and NCAAF. Nothing runs faster than home dogs and betting the under is an act of maturity. Luke is a Liverpool and Patriots fan for life, YNWA

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