Wednesday, April 17, 2024

Why Canadians love betting on the NBA

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By The Capital Sports Report Staff

The NBA is not just popular in the USA, even Canadians love following the NBA and they also enjoy placing wagers on NBA games. The NBA is the best basketball league in the world and is mostly dominated by teams from the USA, but in recent years, Canadian teams have also gotten to shine. 

In fact, the current champions of the NBA are none other than the Toronto Raptors from Toronto, Canada. 

A bettor places wagers on some of the more than 400 proposition bets for Super Bowl LI between the Atlanta Falcons and the New England Patriots at the Race & Sports SuperBook at the Westgate Las Vegas Resort & Casino
A bettor places wagers on some of the more than 400 proposition bets for Super Bowl LI between the Atlanta Falcons and the New England Patriots at the Race & Sports SuperBook at the Westgate Las Vegas Resort & Casino (Photo by Ethan Miller/Getty Images)

The Raptors’ success has something to do with the rise in NBA betting in Canada 

READ MORE: Click here for our latest Sports Betting coverage

NBA betting has always been popular in the Canadian sports betting market, but since the success of the Raptors, there has been a marked increase in NBA bets coming in from Canada, especially bets supporting or in favor of the Raptors. 

Do you want to get in on some NBA betting action too? Here are some upcoming odds that you can take advantage of and make some real money. LA Clippers take on Dallas and the Clippers have odds of +1.5, while Dallas is at -1.5.

Oklahoma City is +1.5 against Orlando at -1.5, and Sacramento is +1 Vs. Detroit -1, Philadelphia +5.5 Vs. Toronto -5.5, LA Lakers -10 Vs. New York +10, Washington +1- Vs. Miami -10 and Memphis +9 Vs. Boston -9. 

Not sure what bet to take? If you want some great insights into the NBA and stats to help you forecast results and make the best-winning bets, click here for all the latest NBA news and stats. 

What are the popular types of Basketball bets in Canada? 

One of the reasons Canadians love betting on the NBA is because of the different types of bets that one can place on NBA games. With so many options, it means you can strategize your bets in a way to give you the best chance of winning money and minimize the risk of losing much. 

Here are some of the most popular types of bets we see Canadians make on NBA games. 

Point Spreads – Let’s assume team a has odds of +5.5 and team b has odds of -5.5. If the bettor bets on team A, then team A will have to win by at least 6 points, and if the bettor bets on team B, then team B should either win or lose by 5 points or less for the bet to be considered a winning bet. 

Overs/Unders – The bookmaker will set a total number of points on an NBA game and the bettor will have to bet with either over (the points, in reality, will exceed the bookmaker set mark) or under (the points, in reality, will not reach the bookmakers’ set mark) and will win or lose accordingly. 

Parlays – These bets often involve multiple games, and at the minimum, at least two games. So, the bettor will essentially wager on multiple sides, and all sides he chose must win their respective matches for the entire bet to be a winning bet. Parlays pay really well because it involves the bettor not only having to call one game right but two or more. 

READ MORE: Click here for our latest Sports coverage

Propositions – Propositions refer to a variety of bets that one can place on basketball which involve the many different player and team stats. For example, you can bet on how many points a player may score, how many rebounds a player will have, etc. You can even bet on which team will score first, and many other such bets. 

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Anthony Caruso III
Anthony Caruso IIIhttps://thecapitalsportsreport.com
Anthony Caruso III is the Publisher of The Capital Sports Report. He has been in the Journalism field since August 2002. Since that time, Mr. Caruso has covered many marquee events. This includes 13 Heisman Trophy ceremonies, 2 Little World Series events, and one Army-Navy College Football game.
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