Best Basketball Betting Sites in 2023

The wegamble team has reviewed 477 platforms so far.

The basketball betting platforms on this list are the top-rated ones according to the many ranking factors we use.

Later on this page, you will find:

• A short review of each of the 7 betting sites with basketball we recommend

• Our basketball betting company’s review methodology simply explained with full-transparency

• An actionable guide on choosing the best betting sites with basketball for your needs

• And many more. Let’s dive in!

Be Smart -- Choose One Of Our Basketball Betting Site Recommendations

There is a seemingly endless level of information about basketball betting platforms on the Internet.

But much of it isn’t honest or detailed.

We’re proud to say that we take a different approach.

We spend hours betting on each of the betting sites we assess.

As a result, we can give you an honest and thorough account of a site’s advantages and disadvantages.

We’ve reviewed hundreds of betting sites this way, and have created a shortlist of the best basketball betting websites so you don’t have to.

You’re welcome.

How to Pick Out The Best Basketball Betting Sites In 2023?

Selecting the best betting website with basketball that fits your expectations is crucial.

You may need specific features to make your experience enjoyable or even possible.

We advise you to consider the following when selecting a basketball betting website to register with.

Reputation

The basketball betting site you want to use must have a reputation for being trustworthy.

To check the reputation of the companies recommended above, we have assessed the following aspects:

• The licenses of the basketball betting website

• Seniority — how old is the basketball betting company?

• Complaints received — how many formal complaints has the basketball betting website received?

• Complaint resolution — are complaints assessed publicly and resolved by the basketball betting website?

You have to know that you can trust the basketball betting site you’re depositing money with.

Therefore, the legality of its operations, its experience and the number of customers that felt scammed using it are all objective clues as to the trustworthiness of the site.

Countries supported

The most important aspect when choosing your basketball betting platform is to know if you are allowed to register an account.

Indeed, there are potential limitations on the sites you can choose in your country.

In the event your location is restricted, the basketball betting website may not display your country in the registration list.

The trick is, many betting sites will not bother checking your country of residence.

These betting companies let you register and deposit money.

It doesn’t matter if they don’t usually accept users from your country.

Unfortunately, the day you decide to withdraw your funds, the betting site asks for account verification.

After they conduct their security checks, if they determine that you have violated their T&Cs by playing in a prohibited country …

Your accounts and the funds in it may be completely frozen.

The shadiest basketball betting sites will even use this chance to keep your funds for themselves.

Therefore, it is essential to double-check and see if the basketball betting site you pick permits users from your country to safely register and withdraw funds.

Luckily, our efforts will faciliate your research.

We make a huge effort to research and recommend only the best basketball betting sites that are available in your location.

Please use the handy tool at the top-right of your screen and accurately select your location to ensure we provide the right betting website with basketball information.

What benefits for loyal players?

Basketball betting sites know that players have a lot of choices, so they must provide benefits such as VIP programs and promotions to stay ahead.

It is easy to think that these offers represent great value.

Yet if you dig deeper, you will generally find many conditions attached.

You should stick to basketball betting platforms that have few conditions with their promotions.

What promotions are available on the Basketball Betting Platform?

Don’t assume that every basketball betting site provides exclusive and unique promotions.

Quite a few try to bring in players using registration bonuses that include strict betting requirements.

On the other hand, the best betting sites with basketball offer a range of interesting and rewarding promotions.

Players enjoy these interesting promotions that also make their money last longer.

Does the VIP package truly reward loyal players?

A good VIP program is essential for betting sites with basketball to ensure loyal players keep coming back for more.

A VIP package should include benefits and promotions that standard players don’t receive.

For instance, it could have cash bonuses, extra chips, one-to-one customer support, birthday ‘presents,’ and much more.

A good VIP program promotes loyalty amongst players and enhances their user experience.

Therefore, investigate the VIP offerings on any betting platform with basketball that interests you.

What payment methods does the Basketball Betting Website accept?

Most betting sites with basketball (if not all) accept debit/credit cards as a means of payment.

But what if you want other payment methods?

The more variety, the better.

Also, there are advantages and disadvantages to every method of payment.

Indeed, certain basketball betting websites reward players for using a given payment method.

It so happens that bonuses are extremely important for basketball betting platforms.

Basketball Betting Sites games quality & quantity

Regardless of whether you love the basketball betting website experience, a small selection of games rapidly becomes repetitive.

The best option is to use a betting site with basketball with a massive number of in-demand games.

We investigate what each basketball betting site offers in this department to ensure you know if it is a site you want to use.

What is the total number of games?

A greater quantity of games means you’re more likely to find something you like.

There are basketball betting websites with relatively few games, so players lose interest rapidly.

What you need is a basketball betting site with a large enough choice to keep you entertained.

Our team outlines the selection of games in our ratings to ensure you understand which betting sites with basketball can keep you entertained.

Look for popular games

It isn’t unusual to find a basketball betting site with more than 4,000 games.

However, this means little if they don’t also have the most popular games on the market.

It is important to note that a huge selection doesn’t mean you’re getting great games.

Top-rated basketball betting websites usually offer the hottest games amongst their enormous range.

Of course, this is easier said than done, which is where we come in.

Support efficiency

Basketball betting companies need to provide a high level of customer support to keep players interested.

If you have a problem with the site, you need a high-quality customer service team to help you out. Otherwise, you’ll quickly become frustrated when betting.

The best basketball betting sites understand the importance of offering world-class customer support.

They usually have long customer support opening hours and a team that quickly solves your issue.

High-quality basketball betting websites also provide a live chat feature for quick access to a support member.

Furthermore,there is often a comprehensive FAQ page that helps answer most player questions.

This means you don’t have to wait to speak to a customer support team member.

Does the site offer a welcome bonus?

Offering a welcome bonus is a common practice for basketball betting websites

Typically, you can expect plenty of strings attached.

You may need to bet up to 60 times your deposit before the bonus becomes available.

For most players, welcome bonuses are useless. You should switch your attention elsewhere.

Your priority? Selecting a basketball betting website that offers great promotions and VIP benefits instead.

For most players, these are likely more beneficial than any welcome bonuses.

Dos And Don'ts Of Online Gambling

Even though you might enjoy online wagering, it is essential to exercise caution.

It is possible to become addicted and place yourself in financial difficulty.

As a result, we have created a quick guide outlining what you should and should NOT do when using a basketball betting website.

What you should do

Analyze the reviews written by the wegamble team to find out which basketball betting websites are worth your time, money, and trust.

It is also essential to use two-factor authentication (2FA) to keep your account secure.

2FA elevates security because it needs the user to offer two forms of ID if they wish to log in.

Aside from knowing the account’s password and login information, you also need a smartphone or tablet to receive an additional code.

Given the dangers present on the Internet, you should look into a Virtual Private Network (VPN).

The fact that a VPN hides your IP address means you can keep your privacy intact when using a basketball betting site.

At this stage, it is helpful to manage your spending and stick to games where the basketball betting site’s edge is at its lowest.

It is helpful to keep track of your gambling profit and loss to identify a problem quickly.

Take breaks every so often to clear your mind instead of losing track of time in front of the screen.

You might find that the break helps you become more focused, or else you decide that you’ve had enough of wagering on the site for the day.

Analyzing which basketball betting companies offer the most generous bonuses is also a good use of your time.

Regardless of the game you choose, read its terms and conditions to ensure you understand the rules.

Lastly, rather than using a traditional payment method like a bank transfer, see if you can use cryptocurrency instead.

Digital currency allows anonymous transactions, so your activity on a basketball betting platform remains unnoticed by the bank.

Don'ts

You should consider closing your betting site account if you start to notice things are getting out of control.

Otherwise, there is a danger of becoming addicted, an issue that will cost you much more than just money.

With that in mind, never borrow money to gamble, as this unhealthy cycle can quickly see you fall into heavy debt.

Furthermore, chasing your losses is a problem as most people with this mindset end up losing more money.

A sensible approach is to decide on an initial bankroll and a staking method and not deviating from them.

When using a basketball betting website, register and log in from a secure Internet connection, such as the one in your house.

Trying to enjoy games on an open Wi-Fi network is a recipe for disaster.

As these are unencrypted networks with no password needed, anyone in range can determine who’s using what online.

As a result, you lose your privacy; it is even possible to know if someone connects to their banking website.

Lastly, betting with a clear head is a good idea; this means no using alcohol or other intoxicating drugs.

When you take mind-altering substances, your risk tolerance changes, and you might start staking far more than usual.

What Is The Wegamble Betting Site Review Process Like?

Writing an accurate and truthful basketball betting platform review involves taking on the role of an experienced player, as all our reviewers are.

Here is how the wegamble team gathers the information needed to provide detailed and informative content.

1. We register with the Basketball Betting Site and make a deposit

The first step involves completing the basketball betting website’s registration information.

Here, we take note of any country restrictions.

This enables us to inform you whether your country is on the restricted list.

Then we carefully enter personal details before depositing money.

Apart from writing about the information requested by a site, we also discover the available payment methods.

All of the above helps us communicate any difficulties involved while registering.

2. We play as many games as possible on the Basketball Betting Site

Creating a high-quality basketball betting site review involves a detailed analysis of what it offers.

As a result, it is essential to play the games it offers for hours to gain an insight into the features available.

Our team isn’t content until it has played dozens of games to discover the standard of gameplay.

By doing so, we can provide an informative overview of what you’re like to encounter.

We also like to bet for as long as possible to see if there are any glitches on the site, and to evaluate its design.

Overall, spending a lot of time on any basketball betting site is a great way to learn whether it is good for regular users and offers decent VIP rewards.

3. We contact & assess support

We give great weight to the level of customer service provided by a basketball betting site.

You will quickly grow frustrated at slow-responding or unhelpful support if you have a problem with the site.

As a result, we focus on chatting to a basketball betting site’s support team to see if it offers a good standard of service.

It is an act that informs us whether a company cares about its customers or not.

Our reviewers also discover the abilities of a customer support team by sending it complex queries.

4. We withdraw our balance

After using a site for many hours, we withdraw the money left in our account.

The experience we have when taking out funds from a betting site with basketball is another crucial part of our process.

Sadly, there are some low-grade betting platforms that won’t let you take out your hard-earned cash.

For example, they may only request verification when you withdraw and hold your funds.

We write about any issues faced when looking to honestly withdraw our winnings, including restrictions.

In addition, we discover how long it takes to complete a transaction and talk about the withdrawal options.

5. We investigate complaints, reputation, and other information

Despite already completing a lot of legwork, there is still more to do when creating high-quality reviews.

We also check out any complaints related to the basketball betting website, along with its overall reputation.

After this process, our knowledge of a basketball betting site is almost unrivaled.

Should this analysis uncover any additional concerns, we address them in the review.

While most sites are content to finish their research by now, we go one step further.

6. We find out what real users think

Learning what a real basketball betting company user thinks is one of the best ways to get a true idea of its quality.

We reach out to people who either currently use the betting site with basketball we’re reviewing or have done so in the past.

While each reviewer offers a fantastic overview of what to expect from a site, it is incorrect to say one person’s experience is entirely representative of the site.

There’s a possibility that the basketball betting website fixed the bug we found quickly or that the customer service member we spoke to was new.

In contrast, a pattern typically forms when we get feedback from multiple individuals regarding the same site.

At this point, we have little doubt that what you read in our review is what you can expect from the basketball betting site in question.

Our process takes a huge amount of time and effort. However, we believe it is worth it to help people looking to find a trustworthy and high-quality site.

How To Use Basketball Betting Sites

You might find things a little confusing when using a basketball betting site for the first time.

We understand this and therefore provide a brief overview of how to get started.

Select a Basketball Betting Site from our list

A quick search for betting sites with basketball online will reveal an enormous number of options.

Unfortunately, there are plenty of sites you should avoid due to safety and security concerns.

This is why we have reviewed as many sites as possible to give you an insight into the ones you can trust.

We’re confident that our analysis will give you the information to choose the right basketball betting website for your requirements.

Ideally, you’ll compare the features of at least a handful of basketball betting sites from the list.

Analyzing multiple sites side-by-side enables you to determine the best fit quickly.

Now that you’ve picked your #1 choice, it is time to register with that site.

Complete the registration process

When registering with a basketball betting site, you must begin by filling in the requested personal data.

You must enter this data correctly, especially regarding where you live and the currency you wish to use.

Many basketball betting websites have geographical restrictions, so you need to ensure that people from your country are allowed to play.

If you make a mistake regarding your location or lie, the betting site could freeze your funds or close your account.

Unfortunately, there’s a chance that verification on a basketball betting site only happens AFTER you win money.

When you try to withdraw, they freeze your account and keep your winnings.

As a result, pick a new basketball betting website from our list if your preferred option forbids users from your country.

That way, you don’t get a nasty surprise later on.

Deposit funds

After registering your account, it is time to deposit money so you can start betting.

Before we go any further, we must stress that you should only ever bet with money you can afford to lose.

Set a budget before you fund your account, and stay disciplined.

Doing so ensures you have fun without feeling pressured because you lost too much money.

There are many ways to deposit money, and our payment methods section reveals more information.

Check out your favorite sports markets

Countless betting websites allow you to stake cash on sports.

There is an incredible list of sports to choose from in the modern era.

You can focus on American football, soccer, rugby union, baseball, and much more.

Maybe you have a sport that you specialize in and want to use your knowledge to make money.

If you’re unsure of the right sport for you, look into the odds on offer, not to mention the variety of markets on a basketball betting site.

In addition, place maximum limits when staking on any sporting market to avoid heavy losses.

Withdrawals

If you’re fortunate enough to win money, you have the option to withdraw it.

You need to check the basketball betting website’s terms and conditions to see if there are any withdrawal restrictions.

Some basketball betting websites have specific requirements, and you can’t withdraw money until you fulfill them.

You’ll also discover that the process of depositing and withdrawing is easier when you use the same payment method for both.

However, you can choose something different, but you will need to enter additional details.

Review the available payment methods as the timeframe for receiving money can vary from minutes to days.

All About Basketball Betting

Basketball is an exceptionally popular team sport involving two sets of five players who compete against one another on a court.

The object of the game is to throw a ball through a hoop that’s 10 feet high and mounted to a backboard.

There is a hoop on both sides of the court, and each team has to try and prevent the other from scoring.

James Naismith is credited with inventing basketball in 1891, and since then, it has evolved into one of the world’s favorite spectator sports.

While the NBA remains the most famous league, dozens of countries have professional leagues, and women’s basketball is extremely popular.

If you want to know why so many people enjoy betting, keep reading to find out!

Here’s why so many people want to Bet on basketball

Basketball is an intense, high-scoring game and offers lots of entertainment.

A team can be 10+ points ahead and lose their lead in a few minutes.

Few sports offer more frequent in-play wagering opportunities than basketball.

Once you register with a top-rated basketball betting site, you should find it easy to locate a huge array of in-play markets.

Moreover, it is a sport known for its flexibility with markets to suit almost every betting strategy.

For example, there are plenty of short odds wagers if you want a high percentage of wins.

Yet, there is no shortage of long odds bets; ideal for bettors chasing bigger paydays.

The sport of basketball is also heaven for lovers of statistical data, and individuals with enough dedication can get one over on the bookmakers.

Also, there are countless leagues to choose from apart from the NBA.

Not only can you bet on numerous European leagues, but there are tournaments in virtually every continent.

Now, let’s learn more about the different markets available on basketball betting websites.

Familiar basketball Wagers

Basketball betting platforms offer dozens of markets, but novices should consider sticking to the following three options.

Each one is simple to understand and has options at varying odds.

The Moneyline

This uncomplicated basketball betting market involves choosing one team to defeat the other.

For example, you might decide that the home team, the Charlotte Hornets, is good value to beat the Seattle Supersonics at odds of 1.31.

At these odds, they have a 76.33% chance of winning, according to the betting site.

In basketball, there are plenty of occasions where the favorite’s odds to win are very short.

You have to consider the percentage likelihood of them winning and determine whether the team represents a value bet at those odds.

There are alternative handicap lines to bet on if you think a team will massively exceed expectations or play poorly.

Points totals

Basketball is an exceptionally high-scoring game; for instance, NBA games tend to average over 200 points.

Suppose the game between the San Antonio Spurs and the Sacramento Kings has a points ‘line’ of 214.5.

You can bet on overs if you think the game will have 215+ points and unders if you believe it will have 214 points or less.

Basketball betting sites also offer alternative points lines which you can tackle if you believe a game will be very high or very low scoring.

Spread betting

It is rare for a basketball game to be considered a completely even matchup, so one side is usually considered the favorite.

With spread betting, you must determine whether the underdog or favorite will outperform the handicap.

For instance, the Hornets might be available at a handicap of -4.5 at odds of 1.9.

Therefore, you require Charlotte to triumph by 5+ points to collect on your wager.

Bookmakers always have an advantage, so you might want to shop around for the lowest ‘vig’ before betting on the spread.

Under the radar Wagers

When you understand the most popular basketball bets, you can shift your focus to other markets to find better value.

Below are some markets available on basketball betting platforms that might help you make a long-term profit if you conduct detailed research.

Player markets

In general, betting sites permit you to bet on the number of points specific players will score.

However, you can also look for rebounds and assist markets with some basketball betting sites potentially offering a ‘steals’ option (though this is rare).

For example, you could bet on Ruby Gobert to get over 11.5 rebounds in a game.

If this seems like a lot, remember that the Minnesota Timberwolves center is one of the league’s best rebounders.

Look for other specialists in rebounds, points, or assists and see if you can catch a betting site off-guard.

Team markets

Rather than trying to predict the winner of a game, you can focus on the performance of one team.

For instance, you might think the Miami Heat will score over 117.5 points against the Golden State Warriors.

Apart from getting to bet on a team’s points total, you may have the option to back markets such as “Team with Highest Scoring Quarter.”

However, this is a tricky market to win on, so it is arguably best to keep it simple with general points totals.

Apart from the standard team totals line, many basketball betting sites let you choose from a list of alternative team totals.

Other basketball Bets of note

There are a handful of other noteworthy basketball markets, and we outline three of them below.

Half and quarter markets

If you want your bets settled faster, you can look for the various half and quarter markets on offer.

Typically, basketball betting platforms have points and spread markets for both halves and all four quarters.

For example, you can bet on the Brooklyn Nets to score over 29.5 points in the first quarter because they tend to start fast.

Alternatively, you could back a team to score relatively few points in the first half because it takes a while to get into its stride.

Tie at the end of regulation

This market is a simple yes or no question.

Betting on ‘yes’ means you believe the game will finish level after four quarters and go into overtime.

It is rare for a basketball game to end in a tie, although it does happen occasionally.

Therefore, you will usually find odds of 11/1+ on it happening.

Traders might select ‘yes’ for this market and look to trade out for a profit in the fourth quarter if the game is tight.

You can expect drastic market changes in the last couple of minutes of evenly-contested basketball matches.

Race to X points

This is another wager to consider if you believe a specific team is likely to start the game strongly.

It is standard for basketball betting sites to offer race to 20, 30, and possibly 40-point markets.

Since points get scored quickly in basketball, this is another wager that’s likely to get settled within a few minutes.

Basketball Betting considerations

There is a myth that the best team wins in basketball extremely often due to the high-scoring nature of the game.

Another misconception is that teams are usually fairly weak on the road.

The truth is, NBA home favorites cover the spread in just 48% of their games.

Therefore, don’t be afraid to go against the chalk or back the road team if you feel they are good enough to win.

You should also note the playoff picture as the season draws to a close; quite a few teams know if they have qualified with a few games left.

Towards the end of the season, pay attention to whether a team has anything to play for before backing it.

Franchises that have already qualified may rest their star players for the last few games.

Conversely, weak teams may lose their motivation once it becomes impossible for them to qualify.

Tips to help you win when Wagering on basketball

Fatigue plays a significant role in the form of basketball teams, and grueling road trips are common during a season.

Before making a bet, research team schedules to see if they are in the midst of such a journey.

For instance, you might find that betting against the Boston Celtics when they play the L.A. Lakers away is worthwhile if it’s their third game in four days.

Another interesting trend is the strong performance of road favorites in the game following a big loss.

Teams that have lost by 15+ points and are still road favorites for their next game cover the spread more often than not.

Here are some other noteworthy trends and angles:

• Teams that rely on 3-point shooting are typically less reliable than the average

• Home teams that are 10+ point underdogs are worth looking at since no professional team likes being humbled at home

• Pay attention to moving odds lines; if the public backs one team heavily, but the odds begin to move the other way close to tip-off, it could be a sign that betting experts are taking advantage of the improved price

• Remember that home favorites in the NBA will fail to beat the spread more often than not, so do extra research to find ‘false’ favorites and wager against them

• Finally, always check injury reports before risking any money

A Quick Guide To Safety When Gambling Online

Hopefully, the huge range of games on basketball betting sites proves entertaining to you.

However, there are risks associated with online gambling.

Common sense safety

First and foremost, set a limit on how much you’re prepared to lose, and stick to it.

If you fear that you spend too much time and money on a gambling site, close your accounts and ask for help.

The basketball betting site industry is not well-regulated, so read our comprehensive reviews before choosing any provider.

Using a public Wi-Fi network to bet is a bad idea because your activity is visible to others on the network.

You should also have two-factor authentication (2FA) to reduce the risk of someone accessing your account and stealing your money.

Try cryptocurrency instead of traditional money if you would rather retain your privacy while enjoying betting site with basketball games.

Finally, don’t get involved with betting sites with basketball while under the influence of alcohol or drugs, and don’t chase your losses.

Other things you can check

It is a good idea to check the standard of a basketball betting site’s customer service before you even register.

Imagine depositing a significant amount of money, only to discover that the site doesn’t want to know when you have an issue.

Our reviews outline how basketball betting websites fare with regards to customer support and highlight important information such as licensing and reputation.

One way to reduce risk is to limit your deposits until you’re sure a site is trustworthy.

Focus on the quality and quantity of the games available to determine if the basketball betting site will continue to grab your attention.

While there are plenty of bonuses available, only a small percentage are of any use to customers, so bear this in mind before depositing.

Given the risks attached with online gaming relating to your private data, it is a mistake to use a basketball betting site without SSL certification.

Advice for crypto users

A growing number of basketball betting sites accept cryptocurrencies and even provide bonuses to users who deposit and withdraw using it.

For those familiar with sending and receiving cryptocurrencies, it is quick & easy and retains anonymity while they enjoy online games.

A significant minus is that you’ll probably lose the entire transaction amount if you make a mistake.

When depositing or withdrawing any cryptocurrency, please ensure you have the correct wallet address.

Check the last ten letters to ensure there are no errors in the transaction.

Sending it to the wrong place might result in the loss of everything you send.

It is also extremely important to double-check the crypto and the blockchain you want to use.

Otherwise, you could deposit a lot more money than you intended or send the wrong currency.

Even a seemingly small mistake like this could cost you money, given that crypto assets are so volatile.

What Payment Method Should You Use On Basketball Betting Sites?

There are many payment options with basketball betting websites.

Nonetheless, it is a mistake to assume one choice is as good as the next.

Every one has plus and minus points.

It would help if you established your needs before making a decision.

We provide a quick review of several payment methods, so you can determine the best one for you

Types Of Bonuses And Rewards On Basketball Betting Sites

These days, basketball betting websites realize that a failure to offer generous bonuses and rewards to customers could damage their revenue.

There is no question that providing bonuses can bring in and keep players and may seem beneficial at first.

Yet, it is a mistake to assume that these bonuses are worth your while in the long run, which means checking the T’s and C’s is essential.

Now, let’s investigate the various bonus types offered by basketball betting sites, including what they give new customers.

No deposit bonuses

Unlike the welcome and reload bonuses, a no deposit bonus adds money or free spins to your account.

It is worth using as a risk-free way to determine whether the betting site with basketball is right for you.

However, while there is no deposit stipulation, there are specific criteria you must meet to cash out the money.

You can expect to play through the bonus 30+ times before withdrawing it.

In other words, you won’t get to withdraw that $20 bonus unless you have made $600 worth of bets.

Although it isn’t as generous as it seems, you should consider taking the no deposit bonus to help you navigate the basketball betting company.

We should point out that sites seldom offer it to anyone other than new customers.

Welcome bonus

You can expect to receive some form of new customer bonus when you register with a basketball betting site and deposit some money.

Basketball betting websites claim it is a way to thank newcomers for joining, but it is really a way to keep you on the site.

It is common practice to give a 100% bonus, which means the site gives you the same amount as your deposit for free.

Imagine you deposit $50; the basketball betting site tops up your balance with another $50, so you now have $100.

Other basketball betting sites add free spins to the welcome bonus, another smart way to get you involved in the action.

Many welcome bonuses look generous at first glance.

Unfortunately, when you look beneath the curtain, it becomes apparent that these bonuses aren’t what they seem.

For instance, almost every basketball betting site has a catch; you have to use 30-60x your original deposit before withdrawing the bonus.

Consequently, unless you bet with at least $3,000 after a $100 deposit, you can’t turn the bonus into withdrawable cash.

Reload bonuses

As the name suggests, you receive this reward when you deposit more money or ‘reload’ your account.

Reload bonuses from basketball betting sites are meant to persuade you to remain with them instead of looking elsewhere for games.

It is normal for regular users to receive reload bonuses, and they often get them monthly.

Most sites don’t advertise the reload bonus publicly; instead, they email or text the recipients.

This is mainly because this bonus is often personalized and depends on how much someone spends on the basketball betting website.

Don’t expect a reload bonus unless you meet the minimum deposit stipulation.

However, you’ll probably continue to get reload bonuses from a basketball betting website if you’re a loyal customer.

Exclusive bonuses

If you want to earn one of these bonuses, you’ll need to prove that you’re a serious punter.

A basketball betting company may award such prizes to someone who has a long track record of using the site.

Exclusive bonuses can include free spins or wagers, higher withdrawal limits, and other perks not available to standard site users.

However, even at a high roller level, there are layers of bonuses, with the individuals on the top benefiting the most.

A cashback bonus is another example of an exclusive reward, and it provides partial compensation for losses.

Depending on the betting platform with basketball, it could ‘return’ up to 20% of your month’s losses.

While exclusive bonuses are welcome, they may also be a sign that you’re spending too much time and money on a site.

Bank transfers

One of the main reasons why people use bank transfers is due to the level of security involved.

Yet, there are no plus points compared to debit/credit card transactions.

First of all, it is necessary to verify your bank account with the basketball betting site.

This is to allow the bank to contact you if it spots potentially fraudulent activity (Know Your Customer procedures).

Even though it adds a layer of security, bank transfers are among the slowest forms of payment.

Indeed, customers find it can take as long as a week to complete a transaction.

Unless you already have money in your basketball betting site account when depositing, you’ll have to wait to join the action.

Also, it is frustrating to enjoy a big win, only for it to take a long time before the money gets to your bank account.

In addition, not everyone is happy to provide basketball betting sites with their bank details.

Unfortunately, depositing or withdrawing money via bank transfer on a basketball betting platform could spell the end of a mortgage application.

There is little question that a bank transfer is among the least desirable payment methods when using betting websites with basketball.

Credit/Debit cards

At present, this is the most widely used form of payment on basketball betting websites.

Companies such as MasterCard, AmEx, and Visa are among the leaders in the industry.

One of the main advantages of debit/credit cards is the speed of transactions.

Generally speaking, deposits and withdrawals take little time to process.

People also value this form of payment for its convenience.

However, debit and credit card companies are not big fans of betting website with basketball use.

Also, it is unwise to use debit or credit cards if you plan to apply for a mortgage one day.

There are stories of banks shutting down mortgage applications because the applicant used a betting site with basketball.

This means you’re better off looking into other forms of payment on basketball betting sites instead.

Digital currencies

Also known as ‘crypto,’ this payment method is a relatively new way to pay for purchases.

The best-known cryptocurrency is Bitcoin, but other prominent coins include Ethereum, Litecoin, and Ripple.

Benefits of cryptocurrencies

A growing number of basketball betting sites accept crypto because it is both unregulated and secure.

There is no need to open a bank account when using digital currency.

This means a greater degree of privacy than with standard payment methods.

The transactions are anonymous, although this is far from being the only big benefit of digital currency.

Another pro associated with cryptocurrency is the incredible speed of transactions.

Taking Bitcoin as an example of digital currency’s safety, hackers still can’t figure out how to get into its networks.

From a financial perspective, you might receive a bonus from a basketball betting website for using a digital coin.

The main reason is that basketball betting websites prefer it due to the benefits they receive.

They enjoy additional privacy and pay lower fees than with other payment methods.

Cons of cryptocurrencies

Yet you must understand the risks associated with using digital currency.

One of the biggest is the non-reversible nature of transfers.

The problem here is that you lose everything you transfer if you deposit with a fraudulent betting site.

This is because digital currency isn’t regulated, so there is no authority you can appeal to.

Then there is the small matter of huge and rapid changes in a cryptocurrency’s value.

Should you win crypto, keep it, and sell when the price rises, you can make the most of your winnings.

Yet, there is equally a chance of the currency’s value plummeting soon after you win it.

Cash to tickets

With this method of payment, you use vouchers as cash in basketball betting sites.

Prominent companies include PaySafeCard, CashtoCode, and Flexepin.

Pros of cash to tickets

At present, North America is one of the most popular locations for cash to ticket use on basketball betting sites.

They are extremely secure, and using one involves entering a PIN code to activate the voucher’s balance.

Go to any convenience store in North America, and there’s a good chance you’ll find a cash to ticket.

You benefit from more privacy than with E-wallets or banks.

Neither your bank nor anyone else will know you use a cash to ticket on a basketball betting company as you have to buy a separate voucher.

You can also control your spending because you’re limited to the amount on the ticket.

Disadvantages of cash to tickets

Yet, it is much easier to lose a cash to ticket accidentally than other payment methods.

It is impossible to withdraw winnings to a voucher.

In general, the balance limits are too low for individuals willing to risk large sums of money.

Also, as is the case with crypto, voucher transactions are irreversible.

If you mistakenly use a fraudulent basketball betting website, you can wave goodbye to the entire ticket balance.

Finally, it is an extremely inconvenient method.

Once your balance runs out, and you want a new ticket, you must take a trip to a physical store to buy a new one.

E-Wallets

You can place money in an electronic wallet and move it from there to a basketball betting website.

Companies such as Skrill, Neteller, and PayPal are among the most popular E-wallets.

Pros of E-wallets

Assuming you have money in your bank account, you can place it into your E-wallet via your debit or credit card and spend it as you wish.

As long as you have money in your E-wallet, the transfer is instant.

When you conduct E-wallet transactions, the bank has no knowledge of them.

It can’t determine why you have moved money into the wallet in the first place.

As a consequence, your pastime is unlikely to be a reason for missing out on a mortgage.

Also, the majority of top-rated betting sites with basketball readily accept E-wallet transfers.

What’s more, the process of setting up an E-wallet takes a matter of minutes.

Cons of E-wallets

However, this payment method isn’t flawless.

Certain E-wallets charge significant fees when you withdraw or convert currency.

These merchants are also bound to uphold strict rules.

Therefore, depending on where you live, you might be unable to withdraw money.

Also, companies in this niche tend to freeze your funds until they’re happy you meet their criteria.

It is even possible that when the E-wallet provider finishes this process, it decides to close your account permanently.

Finally, E-wallets have gained a reputation for providing extremely poor customer service.

It can take days, if not weeks, for them to resolve your issue.