After the federal ban was lifted in Ontario, sports betting was fully legalized. As a result, basketball betting in Ontario has been growing ever since. Unless you’ve used offshore sites, you’ll be new to the world of online sportsbooks.
We’ll highlight everything you need to know about online basketball betting including betting types, tips on how to get started, and how to find the top betting platforms. There will also be an introduction to two of the leading basketball betting sites in Canada.
Go to Bet365
Go to Bet365
Go to Bet365
With sports betting being new to Ontario, there are plenty of new bettors. Here’s a quick guide to some of the most popular bet types you will come across.
This is one of the most basic bets, which makes it ideal for basketball online betting newbies. Moneyline bets allow you to wager on who will be the overall winner of the match, which is very straightforward to place.
Also known as over/under bets, this wager is a prediction of whether the overall score will be higher or lower than the total score that the bookmakers have stated.
The best betting apps in Ontario allow you to place futures bets. These are long-term bets which are placed before the start of an event or tournament. They will predict things such as the overall winner of the entire tournament.
If a match has been put together with two unevenly matched teams, the bookmaker will use points spread to even out the playing field. This wager will allow you to bet on which team will win by the margin as outlined by the bookmaker.
A parlay bet is a combined bet of at least two wagers. To win your bet, both (or all, if more than two) of the wagers must win. For example, you may bet on who the overall winner will be and how many points they will score.
To help get you started, here are some useful tips for basketball betting in Canada.
Just like the sportsbooks that we recommend, we suggest searching for reputable and licensed sports betting platforms. Only register with trusted sites that hold a valid iGaming Ontario license. This goes for whether you’re searching for basketball betting sites or Ontario cricket betting online.
Before you place any wagers, make sure that you have set yourself a betting budget. Be sure to stick to this and don’t overdo it. Work out exactly how much money you can afford to spend (and lose).
As we outline in all our guides, such as our golf betting guide in Ontario, you should do tons of research into everything you need to take into consideration. This includes checking for any team player injuries, reading the latest team news, looking at previous team scores, and checking up on statistics.
If you’re just starting out, make sure that you keep to lower bets at first as you gain more confidence and experience. Also, place simple bets such as moneyline or totals before setting your sights on more complex betting types.
You should only register with an online sportsbook that offers plenty of key features that will boost your wagering experience. If you’ve read any of our other guides, such as the Ontario hockey betting guide, you’ll know we have a strict reviewing process. Here’s what we look out for:
The best basketball betting Ontario sites offer a large array of betting types such as moneyline, futures, props, totals, and more. We make sure that all our recommended operators offer a great variety.
We take your security seriously, which is why we will only ever review sportsbooks that use encrypted technology that protects your personal and banking data. Likewise, we’ll always validate licenses too.
Offering customers a large variety of payment methods is vital. When it comes to deposits and withdrawals, you need to be able to find your preferred banking option. You will find a range of options on sites for basketball betting in Ontario such as Visa, Mastercard, paysafecard, wire transfer, Apple Pay, and PayPal.
Whether you’re looking for basketball betting platforms or even football betting Ontario sites, robust customer service is vital. Look out for live chat for instant responses, email support, a great FAQ section, and telephone support.
Comparing basketball betting odds across a variety of sportsbooks is important when making sure that you’re getting the best deal possible. We always encourage our readers to find which platform offers the best odds on basketball betting in Ontario.
Live basketball betting is an important service when it comes to internet-based betting. This service allows you to bet on games in real time. Some operators will also offer live streaming, so you can watch all the action unfold too.
Now that you know all about identifying the best basketball betting sites, here’s a quick guide on how to create your account.
Once you have selected your basketball betting platform, it’s time to register. Fill in the registration form by providing some basic details. These details will include your full name, address, and date of birth. You may also be asked to provide a copy of your ID as proof of your residence.
Head to the cashier section and select your preferred payment method. From here, enter how much you wish to deposit into your account. Your deposit should appear in your account almost instantly, depending on your chosen method and the individual operator.
Once you have funds in your account, you are ready to get wagering. Head to the sports betting section and choose which market or event you would like to bet on.
As soon as you have chosen your betting market, you can enter how much you would like to bet. Confirm your bet and await the outcome.
If you’re enjoying in-play betting, then you can watch the live updates or live stream to check the results of the match. Alternatively, you can watch on your television at home. As soon as you know the outcome of the match, you can check to see if you have won your bet.
Our experts have checked out the best sportsbooks in Ontario and handpicked two platforms that offer the ultimate wagering experience.
| Operator | Minimum Deposit and withdrawal | Available payment methods | Processing Times |
|---|---|---|---|
| BetMGM | Deposit: $10Withdrawal: $20 | Visa, Interac, PayPal, Apple Pay, and Mastercard | Deposits will be completed instantly.
Withdrawals will take 24-48 hours to be processed |
| DraftKings | Deposit: $5 Deposit: $1 |
Visa, Mastercard, Interac, PayPal, Skrill, Neteller, and bank transfer | Deposits can be completed instantly. Processing times vary but withdrawals will take up to 5 days |
BetMGM is an established operator around the globe and is well-trusted within the industry. The platform offers a huge range of betting markets, including basketball such as the NBA and WNBA.
The sportsbook offers competitive odds when compared against competitors, so is always worth checking out. For anyone who’s interested in betting on the move, BetMGM offers a brilliant downloadable mobile app that is available on iOS and Android.
While there’s no live streaming, BetMGM does offer a great live betting feature for basketball. Watch all the latest updates appear on your screen, so you can place bets in real time as the action unfolds.
Bet365 offers some of the biggest sports events around, including basketball. To offer an enhanced experience, you can take advantage of the in-play betting and live streaming features too, allowing you to watch the action live on your computer screen.
If you prefer using your mobile, you can download the app directly onto your iOS or Android device. With 24/7 customer support available, there’s no need to wait for any assistance you require either.
When it comes to betting markets, Bet365 is the place to be. You can place bets on almost anything you can think of, offering a large array of choices.
As we reach the end of this guide, you have a basic understanding of everything you need when it comes to how basketball betting works online in Ontario and Canada. With a good base knowledge, why not get stuck in? We recommend using one of our operator top picks, but be sure to do your own research into which one would be best for you.
Yes, sports betting overall has been officially legalized in Ontario, paving the way for dozens of operators to launch their services in the province. Check out the best operators here in this guide.
If you’re looking to livestream when placing in-play bets, then Bet365 is ideal. You can watch the match taking place in real time, allowing you to place your bets with all the latest updates.
Registering with an online sportsbook is easy. Simply head to the website and complete a quick registration form. Once you’re set up, you’re good to go. Head to the sports section and start wagering.
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