Best Fantasy Basketball Sites for 2024

Blake Roberts By Blake Roberts Founder & Editor in Chief at Betting.us Updated: April 3, 2024
Blake Roberts Blake Roberts Founder & Editor in Chief at Betting.us

Betting.us Editor-in-Chief Blake Roberts skillfully uses his background in statistics and sports knowledge base to create insightful betting guides. Blake was born in Morgantown, WV, and he has a community college degree in Statistics. His stamping grounds are the live betting platforms of West Virginia.

Best Fantasy Basketball Apps for May 2024

Choosing the best out of the available fantasy basketball apps wasn't easy as there are several good options on the market. Guiding our choice was a list of factors that we know are near-and-dear to the players – contest type availability, bonuses, and app functionality, to mention a few.

Show Details Up to $500 1st Deposit Bonus Check Here SuperFlex Satellite competitions Active on social media 4.95 Play Here! Valid only for new players over 21 years of age.
Show Details Up to $500 In DK Dollars Check Here Private contests available Weekly payouts on contests In-game showdowns 4.90 Play Here! Gambling Problem? Call 1-800-GAMBLER or 877-8-HOPENY/text HOPENY (467369) (NY). Help is available for problem gambling. Call (888) 789-7777 or visit ccpg.org(CT). 18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.
Show Details Up to $100 Deposit Match Check Here No deposit bonus Beginner-friendly iOS app available 4.85 Play Here! Valid only for new players over 21 years of age.

A great reason to visit any of the recommended DFS platforms above is if you want streamlined contests and fair rules. Those are a given when you sign up for an account on a licensed gambling platform such as our top picks. We did you one better by checking what sign-up bonuses are available to newly registered players and detailed the best of the offers.

Right now, you can get a nice bonus on your first deposit when you create an account and deposit. One of the biggest best daily fantasy sites even gives you site credits for the money you spend across their products.

OwnersBox – Best Site for Fantasy Basketball

OwnersBox logo with person holding basketball in hand with court in background

OwnersBox is famously known for its unique DFS mode SuperFlex – allowing you to start a second quarterback in a flex position. Sure enough, this innovation is available to basketball fans as well in the form of SuperFlex NBA DFS. Also unique to this platform are their satellite tournaments. Spending only $0.50 to qualify for a $5 contest sounds like a fair deal.

This is why satellites on OwnersBox have $0 prize pools – because they have the potential to promote you to a contest with a much bigger buy-in. But that's not even a fraction of why this is one of the much-loved daily fantasy basketball sites. You can claim a welcome bonus, play on the mobile app of the company, and engage with a dedicated Discord community.

DraftKings – Perfect for 1-Day Games

DraftKings logo with basketball players competing on court in the background

What DraftKings are really good at is sorting out their contests so that you can pick ones that have players with a similar level of skill. Another cool feature of the site is the so-called "1-day games", which ended by the end of the day and need no commitment on your part.

The platform was one of the first on the market to bring private contests to the US. It was the go-to place for private contests where you can invite your friends and is still one of the popular choices. If you decide to play for money in a public contest, it's worth knowing that you don't need to finish first to get a cut of the prize pool.

ParlayPlay – Beginner-Friendly DFS

ParlayPlay logo with person holding basketball in hand

You know how fantasy basketball can be a little daunting to a complete beginner? ParlayPlay changes all that with its powerful yet super beginner-friendly interface. The site is structured in an inviting way for new users and guides them in assembling their teams and joining the right contest for them.

An additional incentive to join is the promo funds bonus that works even if no deposit is made. For those willing to deposit, there’s a serious welcome bonus that provides extra funds to first-time depositors.

Best Daily Fantasy Basketball Sites by Category

🥇 #1 Fantasy Basketball Site OwnersBox
🥇 Best Bonus DraftKings
🥇 Newest Site ParlayPlay
📱 Best Fantasy Basketball App DraftKings

It's a well-known fact that there's no accounting for taste when it comes to playing fantasy basketball. We came up with a refined selection of digital platforms that were made with users in mind to cater to players with various preferences. Each of our selectees was checked against different categories to see where it would fit best.

It should be noted that not every DFS platform will offer options for betting on basketball games. The DFS apps we promote tend to specialize specifically in providing contests for daily fantasy basketball and other selected sports.

Recommended Fantasy Basketball Website for May 2024

Our recommended website for fantasy basketball is the best of the best offering diverse daily fantasy contests that will keep you hooked. Plus there is the added bonus of winning generous real money prizes should your squad pull off a victory. Look below for details on the welcome bonus, which is another fantastic way to get value for your deposit here.

Up to $500 1st Deposit Bonus Check Here Satellite Contests AL AK AR CA CO FL GA IL KS KY MD MA MN MO NE NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WV WI WY DC
Bet Here! Valid only for new players over 21 years of age.

What Is Fantasy Basketball – Getting Started

American flag, two basketball players competing on court, and a note pad

Fantasy basketball is very popular in the US and abroad, but how many of you actually know the rules to a tee? Let's start here – when you create your team, you must choose from real NBA players, so knowing a thing or two about the sport can go a long way during that stage.

Players' performance will directly impact how successful your fantasy team will be. You can change your fantasy team throughout the season according to the rules of the competition you're in. Players can be drafted and traded to manage the performance of your team.

How to Play Daily Fantasy Basketball

Once you get to know the basics, you will see how easy it actually is to play on fantasy basketball apps. The first step is to join a league, whether it be public or private. You will need an invitation for a private one though. Then, choose your players and observe how their real-life performance is reflected in the points they earn you[1].

No previous experience or knowledge of the sport is necessary to get started. Even if you don't know the stats of the players – which are conveniently displayed – you can still easily assemble a team by reading the on-page instructions. Just like on would when competing in fantasy football, you just need to adjust your team to maximize the points you earn.

The Draft

The draft is your first line-up, so make it count. Daily fantasy basketball sites have made this an enjoyable experience for players of all levels. You can find the players you're looking for either by using a search bar or by browsing the available categories.

Drafts typically take place before the start of the NBA season or the league in question. We'd suggest you focus on versatile players who are not easy to counter and can perform in the long haul. Nobody is irreplaceable, though, so keeping an eye on the performance of players outside your team is crucial. In a standard fantasy basketball team, you will need to fill these positions:

  • 1 Point Guard (PG)
  • 1 Shooting Guard (SG)
  • 1 Small Forward (SF)
  • 1 Power Forward (PF)
  • 1 Center (C)
  • 1 additional Guard (G) - This can be either a Point Guard (PG) or Shooting Guard (SG).
  • 1 additional Forward (F) - This can be either a Small Forward (SF) or Power Forward (PF).
  • 1 Utility player (Util) - This role can be filled by a player from any position, including PG

Scoring Formats

As we mentioned, your players' performance is what accumulates points for your fantasy team. There are certain elements of the game that are rewarded with points throughout the match, but the exact scoring is decided by each individual service provider. The actual scoring format of one of the fantasy basketball websites we reviewed is as follows:

  • Point – 1 Pts
  • Made 3pt Shot - 0.5 Pts
  • Rebound – 1.25 Pts
  • Assist – 1.5 Pts
  • Steal - 2 Pts
  • Block - 2 Pts
  • Turnover – 0.5 Pts
  • Double-Double – 1.5 Pts (max one per player)
  • Triple-Double – 3 Pts (max one per player)

Scoring field goals is just one way for your selected players to earn your fantasy team points. It's about how they score and what else they do to support their team. A three-pointer is awarded additional points; assists and steals are also highly valued. Sure enough, double-doubles and triple-doubles are also a big contributor to point-earning.

Before Gameday

You need to be ready with your lineup before a certain hour on gameday if you want the changes you've been planning to take effect. Make sure that each starting position is filled. The starting lineups usually have eight slots to fill, and each of them takes a specific type of player. Some of them are available to players of different expertise, like Guard, Point Guard, and Shooting Guard.

It's important to have the right players in the right positions to optimize point-earning. Think of it as a chess game – you don't want your piece to get in the way of other pieces. If the competition allows for it, you can wait until the last possible moment before you make changes so you have the latest team news available to you before making a decision.

If you're in a standard re-draft league, you will need to do a lot of reviewing and adjusting to keep your team competitive.

The Waiver Wire

In Fantasy basketball sites, the waiver wire is a system of acquiring players who are not owned on any team roster. The waiver wire gives all teams a fair chance at getting a fresh recruit while preventing free-for-all type of claims of available players.

With the help of this feature, you can bolster your team's performance. Just replace the players who are underperforming with a suitable player from the waiver wire. That's why you need to stay active and check the waiver wire regularly.

Player Trades

Frankly, in the context of fantasy basketball, player trades are exactly as the name suggests. Player trades are the exchange of athletes between different teams within the same league. You should always be aware of what the change will bring to your team when considering a trade.

For that, you will need to check player statistics and the future potential of the new recruits before finalizing your decision. What's also useful is evaluating team needs, researching player trends, and reviewing your negotiation strategy.

Fantasy Basketball League Types

Having 82 games in an NBA season[2] is no laughing matter for the fantasy sports player. If you're not up for the challenge of keeping up with the events, you can just choose a shorter or less demanding playing format. We provided you with some short descriptions of the available fantasy basketball formats out there.

Rotisserie

In a rotisserie league, your team is ranked in each statistical category available. Each player is considered for all categories[3] in the game and is then ranked from first to last. Based on that, the players are awarded points. This is one of the most widespread ways of playing at fantasy basketball sites.

Season Points

Here, you can assign a point value to every statistical category available (points, rebounds, assists, etc). Again, all categories are considered when ranking players' performance. The winner for the season is the team with the most points.

Draft

In a draft league, teams are created through a drafting process. An important moment is when the draft format is voted on by participants. Usually, one of two options is selected – snake draft or auction draft. In the first one, participants take turns selecting players, while in the second one, players go to the highest bidder.

Head-to-Head: Each Category

H2H Each Category is one of the popular head-to-head league types. The rules here allow you to select a number of statistical categories you want to compete in. Your team accumulates points in the given categories, and the results are compared to your direct competitor's, which results in a win, loss, or tie in each respective category.

Dynasty

If you want to feel like a real basketball team manager, this is it. In this type of league, rosters stay with their respective owners. That means you don't have to draft a new team every season but get to keep the young and talented players you chose last season.

There's an important distinction between fantasy basketball sites and online sportsbooks. Most states don't define fantasy sports as a form of gambling but as a game of skill, and for that reason, it is legal almost everywhere.

What's more, the buy-in levels of most competitions aren't comparable to the copious amounts bet on mainstream sports every day. The games offered by daily fantasy basketball sites are considered more of a friendly competition kind of thing than anything else. Here's a list of the states where you can play.

  • Alabama - Legal
  • Alaska - Legal
  • Arizona - Legal
  • Arkansas - Legal
  • California - Legal
  • Colorado - Legal
  • Connecticut - Legal
  • Delaware - Legal
  • Florida - Legal
  • Georgia - Legal
  • Illinois - Legal
  • Indiana - Legal
  • Iowa - Legal
  • Kansas - Legal
  • Kentucky - Legal
  • Louisiana - Legal
  • Maine - Legal
  • Maryland - Legal
  • Massachusetts - Legal
  • Michigan - Legal
  • Minnesota - Legal
  • Mississippi - Legal
  • Missouri - Legal
  • Nebraska - Legal
  • New Hampshire - Legal
  • New Jersey - Legal
  • New Mexico - Legal
  • New York - Legal
  • North Carolina - Legal
  • North Dakota - Legal
  • Ohio - Legal
  • Oklahoma - Legal
  • Oregon - Legal
  • Pennsylvania - Legal
  • Rhode Island - Legal
  • South Carolina - Legal
  • South Dakota - Legal
  • Tennessee - Legal
  • Texas - Legal
  • Utah - Legal
  • Vermont - Legal
  • Virginia - Legal
  • West Virginia - Legal
  • Wisconsin - Legal
  • Wyoming - Legal
  • DC - Legal

To understand why fantasy sports are unlike slots, we will take a look at the Texas Penal Code as an example. The Code exempts contests of skill from gambling regulations, but what exactly is meant by "skill" is up to the interpretation of the reader.

By and large, everyone agrees that to thrive in a fantasy basketball competition, you need to have the eye for detail of a manager and the experience of a scout. This means you can get better at playing fantasy sports if you're open to learning and improving your strategy, proving that skill is required.

How to Pick the Best Fantasy Basketball Sites

When making our list of recommended daily fantasy basketball sites, before anything else, we checked for valid licensing. Licensing and a high level of security go hand in hand, but our reviewers also check for confirmation that SSL is used to encrypt all information on a platform. These are the other major factors we evaluated:

Bonuses, mobile compatibility, and support payments are another three essential features our reviewers evaluate. If you consider all of the above, you will be on your way to picking the top fantasy basketball sites that are most suitable for you.

Safety and Licensing

While licensing is all about having legal permission to operate, the term security has different facets. Websites for fantasy basketball must demonstrate a high level of cyber security so players who join feel safe depositing and providing personal information. And then, there's the aspect of protecting players from the dangers of real-money play. You can find information about that on the websites of the following organizations:

Our team recognizes the challenges in picking legitimate fantasy sports websites, and we are also familiar with how betting can affect your everyday life. To negate the effects of making bad choices, we selected only trusted websites that provide the necessary support to players who need it.

Best Bonus Offers

Offering welcome bonuses is commonplace in fantasy basketball, as everyone who plays for real money needs starting capital. It's important to keep your eyes open for important details like period of validity and minimum deposit amount when browsing the current options.

Top Fantasy Basketball Apps

Playing on the go is crucial for people taking part in competitions where things change on a daily basis. This is where fantasy basketball apps come in handy. We saw to it that our selection of sites features only platforms that are available on mobile as well. Do you want to make adjustments to your team while on the bus or at work? No problem!

Available Payment Methods

The top fantasy basketball service providers are well aware that you need the flexibility to do banking the way you like. They also give you the convenience of low deposit and withdrawal limits – usually starting at $10. These are the banking services most commonly used on fantasy basketball sites in the US:

Another neat thing about these particular payment methods is that they are available to both depositing and withdrawing players. Because withdrawals may take up to several days to go through, you could use Apple Pay to speed things up.

Pros and Cons of Playing Fantasy Basketball

One of the main reasons people play is the enhanced engagement with the sport. Fantasy basketball is a way for many to immerse themselves in the world of professional sports, get to know the players, and experience the thrill of winning.

Many do it for financial gain, which is also a valid reason if you're professional. However, we recommend players keep it fun and stop when if it starts to negatively affect their life outside of play. There are plenty of other reasons to join a fantasy basketball competition.

  • Many available leagues
  • Skilled players are rewarded
  • Interaction with other NBA fans
  • Many available contest types
  • Largely legal in the States
  • Difficult for beginners
  • Requires regular adjustments
  • Skill gap can be a problem

Responsible Gambling

Though it is unlikely to develop a problem gambling condition by playing fantasy basketball, you need to know about the risks of investing real money in something like this. Problem gambling can manifest itself as the inability to stop or control your betting, spending too much on bets, and preoccupation with gambling.

If you feel that you've been affected negatively by the time you spend on fantasy basketball sites, please contact the National Council on Problem Gambling. It offers resources and a national helpline and is available at 1-800-522-4700.

FAQ

What are the best fantasy basketball sites in the USA?

The ranking of fantasy basketball sites is based on these platforms' performance in various areas. Licensing and the ability of these platforms to protect their users from fraud are very important. On the gameplay side, we have things like score formats, contest types, and salary caps, all of which should be carefully considered.

Is it legal to play online daily fantasy basketball in the US?

Not only is it legal to play in the majority of the United States, but there are many quality hosting platforms to choose from. All legally conducted fantasy basketball competitions are compliant with local regulations and the responsible gambling requirements to make the experience safer and more worthwhile for players.

Can you play online fantasy basketball from all states?

Yes, almost all states in the country approve of this activity. There are many states where fantasy basketball is legal because the penal codes don't recognize the activity as a form of gambling. Players outside Hawaii, Idaho, Montana, Nevada, and Washington have legal fantasy basketball sites at their disposal.

Can I claim a bonus to play at fantasy basketball apps?

This is a question that interests almost all new players because fantasy basketball bonuses can be really helpful. They can be claimed by a newcomer who is about to make their first deposit. The bonus can then be used via a mobile app or computer without any restrictions being added, depending on the platform.

What payment methods can I use to play fantasy basketball?

A feather in the hat of fantasy basketball sites is the inclusive range of payment methods available to new and existing users. Our thorough research on the subject shows that you can put money in or cash out via Apple Pay, Bank Wire Transfer, Visa, Mastercard, Discover, PayPal, or Venmo.

Conclusion – Sign Up and Started Playing Fantasy Basketball

Fantasy basketball websites have come a long way to reach the level of flexibility and accessibility they now boast. There's a level for everyone and even a complimentary bonus for new users. This way you don't have to dip into your savings to play. There's even a no deposit bonus, currently, and a number of satellite tournaments are available for budget players to enter.

Blake Roberts, a Morgantown native with a background in statistics, takes the position of Editor in Chief at Betting.us. He combines his love for sports and his knowledge of statistics to produce high-quality sports betting reviews. Blake enjoys evaluating online betting sites and believes that keeping a professional mindset in gambling is of utmost importance.

Blake Roberts Founder & Editor in Chief at Betting.us More about Blake

If you've come to find legitimate fantasy basketball options, we are sure you've found what you came for. We remain committed to finding more of the best-performing daily fantasy sports platforms in the US and presenting them to you in a comprehensive manner.

References

  1. Fantasy sports, Wikipedia, Retrieved January 25, 2024
  2. NBA games schedule, www.nba.com, Retrieved January 25, 2024
  3. Kacey Kroh and Abshier House, (March 26, 2016) Fantasy Basketball Format Types, dummies.com, Retrieved January 25, 2024