NBA betting statistics and trends in Canada
Is sports betting legal in Canada?
Yes, it is allowed to wager on sports in Canada, but with a significant restriction when compared to authorised US sports wagering. In August 2021, Canadians will be able to place bets on accumulators for the first time.
The Criminal Code was amended to allow for single-game wagering. It is expected that Canada’s sports wagering system would resemble that of the U. S., with each state deciding on its own regulations and laws.
Types Of NBA Bets
When you’re wagering on the NBA, there is a lot of action and a great deal of info to process. Not to fear, we’ve got you covered with a wealth of knowledge on how to make the most of the numerous NBA wagering opportunities accessible to you.
NBA Point Spreads
In NBA betting, point spreads are among the most common forms of wagers. The purpose of a point spread is to even out the playing field between the two teams. As a way to distinguish between the favourite and underdog, both negative and positive signs are used.
Team A would need to be victorious by at least 5.5 points to cover the spread if they were a 5-point favourite, for instance. If the underdog wins the game or loses by a margin of less than 5.5 points, they can cover the spread.
The majority of point spreads feature chances of roughly -110 on each side of the wager. In the NBA, point spreads can range from individual points to more than 20 points. There are a few exceptions, but the majority of point spreads are under ten points. Alternate point spreads may also be found. It is possible to get a little additional juice out of a favourite or underdog by using these spreads.
To adjust for the strength of each opponent, point spreads are employed to balance the chances for wagering on both teams of a game. Point spreads are used to provide one side a chance to win by a specific margin.
Getting great odds and promotional offers can help basketball fans maximise their bankroll and have more fun betting online. Single-game basketball bettors might prefer a site with competitive NBA odds, free bets, and an early payout option. On the other hand, parlay bettors might choose to bet with a sportsbook that offers odds boosts, accumulator bonuses, and parlay insurance.
(Source: BasketballInsiders.com)
NBA Moneylines
A money line wager is a simple wager on which team will come out on top. The NBA moneyline is a straight-up wager, therefore the chances can change substantially. Even a tiny bet on the strongly favoured home side may return only a few cents. On the other hand, picking the underdogs right might result in enormous prizes.
Using money lines on underdogs or strong favourites on a parlay is by far the most common strategy because of the lower odds.
NBA Game Totals
Totals or over/under bets on NBA games are a way to wager on how many points will be tallied in a certain game.
The game total will be 219.5 for this scenario. A wager on the under assumes that the combined total of Teams A and B will be much less than 219.5 points. In the end, it doesn’t care who gets the points or how they’re calculated. If Team A wins 110-109 or 218-1, you would win your wager if the total points are fewer than the game total line. Betting on the over, on the other hand, is a loser’s game.
2019-20 NBA Betting Trends Report
Before diving into NBA wagering trends, it’s important to note that this article contains the NBA playoffs, but does not feature NBA playoff wagering trends as a distinct metric. Due to the fact that some of these groups participated in the playoffs while others did not, the number of matches they played varies.
Best NBA Teams Against the Spread
As per NBA basketball wagering patterns, these are the top NBA teams in overcoming the point spread:
When they replaced Kyrie Irving with Kemba Walker, the Celtics showed that they had a better team connection and were on track for a fifth straight NBA title. Underdog Boston regularly filled even against the best teams in the league this year.
Oklahoma City: 48-31-0 ATS, 60.8%
This year’s high achievers were the Thunder, who not only made the playoffs, but also improved their 2018-19 performance by one game. It was Chris Paul’s rebirth as an All-Star that fueled the team’s progress, as was the growth of its young players.
Given Paul George’s unavailability for the first part of the season, the Clippers played like a serious contender from the very start to the very end of the season. When it comes to NBA title contenders in 2019-2020, the Los Angeles Clippers are the most constant.
Worst NBA Teams Against the Spread
According to an NBA wagering trends investigation, the following NBA clubs did not do well while playing against the point spread:
Minnesota Timberwolves: 23-39-2 ATS, 37.1%
In the 2019-20 season, Minnesota was perhaps the most underperforming club. Karl-Anthony Towns enjoyed another outstanding season, but the Wolves were unable to compete or even cover the spread due to their own incompetence and mistakes. It’s true that their ATS record got better after D’Angelo Russell replaced Andrew Wiggins, but it was only when they began to be listed as even greater underdogs.
Detroit Pistons: 26-39-1 ATS, 40.0%
The Pistons, the Wolves’ Eastern counterpart, were a shambles for the majority of the season. The Pistons traded Andre Drummond to the Cleveland Cavaliers because Blake Griffin was hurt. In light of this, it’s encouraging to see that their ATS record has strengthened since the purchase was finalised.
San Antonio Spurs: 30-40-1 ATS, 44.7%
For the first time when dialup internet became common in 1997, the San Antonio Spurs did not make the playoffs and concluded with a losing record, marking the end of an era. San Antonio’s terrible November proved too much for them to handle, despite a 5-3 ATS performance that kept them on the edge of the playoffs.
Best NBA Teams to go Over in Totals
As for the “over/under” or totals, the following NBA teams have been the most successful in cashing the “over”:
Dallas Mavericks: 49-32-0, 60.5% Over
The Mavericks were the strongest threat to go over the team totals because of a record offensive rating (and a subpar defence). They were also third in terms of team speed and third in terms of team points per game, which bodes well for the future. Luka Doncic, the team’s burgeoning superstar, deserves a lot of the credit for this.
San Antonio Spurs: 42-28-1, 60% Over
With an above-average offence and a below-average defence, the expected totals were exceeded three times out of five times by the Spurs matches. Even though the Spurs are still widely considered to have one of the best defences in the league today, the team’s defensive performance has steadily worsened over the years.
NBA Betting FAQs
How to wager on the NBA in Canada?
In Canada, there are two methods to place a wager on NBA games. Use a local sports lottery or join an online bookmaker that accepts Canadians as customers. Online bookmakers have several benefits, including the option to wager on specific events, a wider range of odds, futures markets, and live wagering, among other things.
Where can I bet on the NBA?
In Canada, there are just two sites to wager on the NBA. Using a local wagering app or an online bookmaker, or even in person at a lottery store. Single wagers, futures, and improved odds are all advantages of online bookmakers.
Is betting on the NBA legal?
The NBA is allowed in Canada to wager on. Canada has legalised sports wagering since 1970, and no restrictions prevent the use of offshore internet bookmakers.
What are the most popular bets on the NBA?
Moneylines, point spreads, and game totals are the most common NBA wagers. Several Canadians also love live wagering and futures wagering on the NBA.