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Legally Betting On NBA Draft Odds

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  • Bet On The 2024 NBA Draft At Offshore Sportsbooks
  • Draft Prop Bets For Lottery Picks, And More
  • 18+ Members Can Join Top Sportsbook Sites

Immediately following the conclusion of the Finals, franchises must hustle in preparation for their selections at the NBA Draft as it occurs just a few days after the championship has been decided. Legally betting on the draft is a growing subgenre of basketball gambling, and this guide reveals how and where it can be done.

Whether gamblers want to bet on Draft Lottery odds, which player will be selected first, which franchise will secure the first overall pick, or any other draft-related prop bet, the best option for doing so is with an offshore sportsbook over the web. Read on to learn why they offer superior NBA betting services over domestic sportsbooks.

Table Of Contents

    Best NBA Draft Betting Sites 2024

     Site NameCurrent BonusAgeU.S.Visit Site
    Top Rated #1 IconBovada Sportsbook50% Max $1,00018+USA Players Legally AcceptedVisit Site Review
    2BetUS125% Max $3,12518+USA Players Legally AcceptedVisit Site Review
    3Betonline Sportsbook50% Max $1,00018+USA Players Legally AcceptedVisit Site Review
    4sports betting logo50% Max $1,00018+USA Players Legally AcceptedVisit Site Review
    5MyBookie Sportsbook50% Max $1,00021+USA Players Legally AcceptedVisit Site Review
    6xbet logo50% Max $50021+USA Players Legally AcceptedVisit Site Review

    Is NBA Draft Betting Legal?

    Yes, betting on the NBA Draft, lottery odds, and more, will be an option at any legitimate sportsbook operating within the United States. Legal sports betting sites that operate overseas are also able to legally serve American patrons and allow them to wager on draft odds without breaking any current laws.

    That’s because there are no laws in place to break in regard to offshore sportsbooks like the ones we recommend below. These betting sites are the best online wagering destinations in business today, and they’ve earned that status through our many years of solid service and reliable payouts with them.

    Examples Of NBA Draft Odds

    Michael Jordan draft

    How Does The NBA Draft Work?

    The NBA Draft is held each year in the days following the conclusion of betting on the National Basketball Association finals. The draft consists of 2 rounds, with each NBA Franchise being granted one selection per that can be traded to another team if so desired.

    The top 4 picks of the first round, and second round, is decided by the Draft Lottery. The top four picks are determined by a lottery system that places all 14 franchises that did not qualify for the playoffs into contention.

    The 3 worst performing teams from the prior season have an equal number of balls placed into the lottery pool, with teams 4 through 14 receiving fewer depending on overall ranking. Once the top 4 picks are selected during the Draft lottery, picks 5 through 14 are then given to the remaining teams in opposite order of the prior season’s record.

    Amateur players must be at least 19 years old to enter the draft and become selected by a franchise. This was not always the case as players used to be able to enter the league after high school, but this rule allows for colleges and universities to recruit players that will be “one-and-done” and out the door in one years’ time.

    Where Can I Bet On The NBA Draft?

    Any operating sportsbook, either domestic or international, will offer odds on the NBA Draft, lottery, and props for which player goes where. Where offshore sportsbooks separate themselves from domestic venues is convenience, amount of wagering options, and the ability to offer their services across the entire country.

    That’s why we highly endorse the above listed overseas basketball sportsbook sites for wagering on the draft, betting on the NBA’s Christmas Day games, futures odds, or any other popular gambling favorite – they’re the best in the business and readers can count on them for continuous operation no matter what state they’re standing in.

    How To Bet On The NBA Draft Online

    We’ve already made clear our preference for international sports betting sites and their draft odds, but before any wagers can be placed online, readers must sign up and create an account first.

    • Before making your final decision on which betting site to join, browse through each one as they all feature slightly different odds and lines that can be shopped to gamblers’ advantage. Think about joining more than one so that your gambling options aren’t limited to a single book and their draft odds.
    • Find the join button at the top of any page at the online sportsbook site. Click the button and type in the requested information before moving on to the deposit screen.
    • Choose from the variety of USD and cryptocurrency options for funding your NBA Draft bet and upload them into your account.
    • Once bankrolls are funded, click on the sportsbook section of the website and then find the basketball tab to unearth the draft odds, options for betting on NBA All Star Weekend, or anything else readers want to place a pro basketball wager on.

    Mobile Sportsbook Betting Apps

    mobile bet iconThe offshore betting sites that we direct our readers toward above allow for their members to bet on the draft using popular mobile devices made by Apple as well as Android smartphones and tablets.

    These mobile sports betting options are not downloadable gambling apps. Instead, these web-based sportsbooks are pulled up using mobile browsers like Opera, Safari, and others, all within an instant.

    One-finger navigation gives these web-apps the look and feel of their downloadable counterparts, but without the baggage of any software housed on your iPhone or iPad. Click on any link we’ve provided on this page using portable web-ready devices and watch as the top odds populate your screens.

    Live Betting On Basketball Draft Odds

    Because NBA Draft odds consist of prop bets and futures, the lines tend to remain on the betting boards until an outcome is reached. That qualifies most betting lines as live or in-play odds that do not require that wagers be placed prior to the beginning of the event.

    Whether you want to bet on draft lottery odds on which team will land the first overall selection, or which franchise will draft your favorite collegiate player, all of them will feature live odds at the sites that populate our top sportsbooks reviews.

    2024 Sportsbook Bonus Codes & Promotions

    NBA BonusNew members at the betting sites we endorse in this guide are eligible for sportsbook bonus offers when they sign up and deposit funds into their accounts. Each betting site linked to on this page offers a new member bonus, but they all vary in the percentages and the attached terms.

    Some even offer reload bonuses or periodic promotions for betting on the NBA Playoffs or the onset of the season. We always remind readers to ensure that each bonus's conditions can be met before accepting one. Also, accepting a bonus is not a requirement to become a member.

    Funding Your Online NBA Draft Bet

    Whether you want to bet on the NBA Playoff brackets or if you intend to wager on selection odds, members of our top offshore sportsbooks can do so with USD or cryptocurrency. We prefer crypto and endorse it as the best choice among all sportsbook banking options for the following reasons:

    • Cryptocurrencies like Bitcoin, Ethereum, Cardano, Litecoin, Tether, Dogecoin, and others, upload into accounts faster than USD and get gamblers betting within minutes.
    • Same-day withdrawals are available when using cryptocurrency, where traditional US Dollar payouts typically take 48 hours or longer to process.
    • Sportsbook bonus offers are usually much higher for cryptocurrency uploads than when depositing using USD.
    • Crypto transactions are much more secure than USD deposits because of their superior block-chain technology.

    Additional Resources

    NBA News