The 2023 FIBA World Cup presents a potentially challenging situation for sportsbooks due to its timing on the sports calendar, coinciding with the start of the NFL season. Jon Metler highlights the markets being offered, the observed patterns from various sportsbooks, and the reasons for maintaining accounts with all of our best sports betting apps.
Gone are the days when we could only bet on a futures market for the outright winner of an event like the FIBA World Cup. The landscape has evolved, and now you can wager on who will lead Australia in assists throughout the tournament. (Josh Giddey, by the way, stands at -250 for this category.)
What a time to be alive!
The FIBA World Cup will coincide with a period when our best NFL betting sites are heavily focused on NFL futures and Week 1 lines. Consequently, there's a strong likeli hood that not all of these sportsbooks will allocate the proper attention to their FIBA World Cup markets.
This situation works to our advantage as sports bettors. We only need one sportsbook to overlook a market, which is why I maintain accounts with all of them. This allows us to place some advantageous wagers on the FIBA World Cup, and I believe this will occur-it's already happening.
As the FIBA World Cup approaches its tipoff on Aug. 25, I'd like to take a moment to spotlight the markets posted by different sportsbooks, along with observations I've made about each one's approach to trading the event.
FIBA World Cup odds 2023
Odds updated as of Thursday, Aug 17.
| Country | DraftKings | FanDuel | Caesars | BetMGM | bet365 |
|---|---|---|---|---|---|
| USA | -120 | -130 ?? | -120 | -110 ?? | -112 |
| Canada | +800 | +950 | +600 ?? | +750 | +1000 ?? |
| France | +900 | +950 ?? | +700 ?? | +750 | +750 |
| Australia | +900 | +950 ?? | +1000 | +1100 ?? | +900 |
| Spain | +1200 ?? | +1600 ?? | +1200 | +1200 | +1200 |
| Slovenia | +1400 | +2100 ?? | +1800 | +1200 ?? | +1600 |
| Serbia | +1400 | +1500 ?? | +1200 | +1400 | +1200 |
| Germany | +2500 | +2700 ?? | +2000 ?? | +2200 | +2200 |
| Greece | +25 00 | +3600 | +4000 ?? | +2500 | +2800 |
| Lithuania | +3500 | +4800 | +10000 ?? | +3300 | +3300 |
bet365
bet365 takes the spotlight in this article due to their creativity and extensive market offerings for the FIBA World Cup. It's unsurprising that bet365 is a frontrunner in this aspect, given their strong presence in the European betting markets. This event is notably more popular in Europe compared to North America.
bet365 is leaving no stone unturned with their range of futures markets; they seem to have it all covered!
It's worth noting that bet365 is likely to be swift in responding to news related to the FIBA World Cup. Additionally, they are likely to allocate substantial trading resources to this event, as evident from the extensive futures they've chosen to offer.
While bet365 might offer the most comprehensive array of markets for the FIBA World Cup, they could also be one of the sharpest sportsbooks among those listed here. Therefore, just because bet365 offers the most markets, doesn't mean you should solely rely on their sportsbook for betting on the FIBA World Cup. An opportunity might arise where you track the odds at bet365, as they were the first to generate many of these numbers, but then choose to place your bets with a different one of our best sports betting sites that adjusts their odds more slowly
BetMGM
Muc h like bet365, BetMGM is presenting an extensive range of options for the FIBA World Cup, as their menu of markets is quite vast. BetMGM offers virtually any future you might consider for betting; they have it all covered.
For BetMGM, which is more focused on the American market compared to bet365, this constitutes a substantial number of markets to monitor, especially with the NFL season on the horizon.
It wouldn't be surprising if you were able to identify probability gaps in their pricing, as they might struggle to adjust the odds accurately with so many markets to monitor. I've already taken advantage of one such instance, betting on Shai Gilgeous-Alexander to lead the tournament in total points at +2800 on BetMGM. Gilgeous-Alexander's odds are hovering around +300 on most of our other best NBA betting sites.
Keep an eye on BetMGM and how they adjust their odds. The more markets they introduce, the greater the pressure on their trading team to keep the odds updated. This could potentially offer us the chance to exploit more favorable prices.
FanDuel
In addition to bet365, FanDuel is also providing an extensive range of markets for the FIBA World Cup. They have recently introduced markets for the top point scorer and Tournament MVP to their sportsbook. This move is likely in response to the comprehensive markets presented by bet365. While FanDuel didn't unveil some of these markets until after bet365 did, there are noticeable differences in the odds. This indicates that FanDuel didn't simply replicate bet365's pricing.
Here are the odds at both FanDuel and bet365 to win the Tournament MVP at the FIBA World Cup. It's worth noting that FanDuel has specified that their top point scorer market will exclude classification games, a detail that bet365 did not clarify.
| Player | FanDuel | bet365 |
|---|---|---|
| Anthony Edwards | +550 ?? | +500 |
| Jalen Brunson | +600 ?? | +450 |
| Shai Gilgeous-Alexander | +800 | +1000 ?? |
| Brandon Ingram | +850 ?? | +600 |
| Mikal Bridges | +1300 ?? | +1000 |
| Tyrese Haliburton | +1400 ?? | +700 |
| Josh Giddey | +1600 | +2000 ?? |
| Luka Doncic | +1700 ?? | +1600 |
| Bogdan Bogdanovic | +1900 ?? | +1600 |
| Evan Fournier | +2300 ?? | +1600 |
Despite the fact that FanDuel didn't launch their Tournament MVP futures market until the day following bet365's release, you can observe that they didn't merely replicate the odds; there are notable differences. Consider someone like Tyrese Haliburton, for instance. Placing your bet with FanDuel would yield twice the payout compared to bet365. This highlights the significance of thorough price shopping at our best sportsbooks before placing your bets.
One trend I've noticed with FanDuel in the lead-up to the FIBA World Cup is their delayed response to breaking news regarding roster adjustments for certain teams. They were slow in responding to developments such as Jamal Murray not playing for Canada and Karl-Anthony Towns participating for the Dominican Republic. This delay presents an advantage for you as a bettor when utilizing your FanDuel app for the FIBA Wo rld Cup.
DraftKings
As a sportsbook that has prominently introduced innovative NFL futures markets this offseason, it's quite evident where DraftKings' primary emphasis lies in regard to the FIBA World Cup. With the FIBA World Cup coinciding with Week 1 of the NFL season, DraftKings has certainly directed their trading focus toward the NFL over this tournament.
DraftKings didn't unveil any player-centric futures markets for the FIBA World Cup until the day after bet365 did, and the pricing appears similar to altering a few words to avoid plagiarism, as you might have done in school:
| Player | bet365 | DraftKings |
|---|---|---|
| Shai Gilgeous-Alexander | +325 | +350 ?? |
| Luka Doncic | +350 | +350 |
| Bogdan Bogdanovic | +800 ?? | +700 |
| Lauri Markkanen | +900 | +1000 ?? |
| Patty Mills | +900 | +900 |
| Jordan Clarkson | +1100 ?? | +1000 |
| Karl-Anthony Towns | +1100 | +1200 ?? |
| Jalen Brunson | +1100 | +1200 ?? |
| Anthony Edwards | +1400 | +1400 |
| Brandon Ingram | +1400 | +1400 |
| RJ Barrett | +1400 | +1600 ?? |
You might be tempted to dismiss DraftKings for FIBA World Cup betting, but that's not the case at all. In fact, this works in our favor as bettors.
If DraftKings is essentially mirroring other sportsbooks like bet365, we can monitor the odds at bet365, observe their movements, and then outpace DraftKings in placing these bets. DraftKings might be slower in responding since they lack an independent stance. This situation presents a great opportunity, and you'll certainly want to have a DraftKings account for the FIBA World Cup.
BetRivers
BetRivers is notably absent from offering all of the player futures and many of the team futures that sportsbooks like bet365 and BetMGM provide. However, that doesn't imply they lack value when it comes to your FIBA World Cup betting. In fact, I've placed two futures bets a t BetRivers for the FIBA World Cup: one on Canada at +2000 and the other on the USA at +110.
Among our best live betting sites, BetRivers was the slowest to adjust their outright market when news about each team's roster was unveiled on X. This suggests they might continue to be among the slower ones to update their odds in the outright market. Therefore, if you're wagering on the FIBA World Cup winner, having a BetRivers account ready is highly advisable.
Caesars
Caesars takes the final spot in this article due to their odds being available solely for the outright winner and the group winners. It's possible that they might expand their market offerings before the tournament begins, but they haven't done so yet.
An interesting point about Caesars is that they appear to have significant liability tied to Canada in the outright market. While we've seen sportsbooks like bet365 adjust Canada's odds back to +1000 after the news that Jamal Murray won't play, Caesars still has Canada listed at +600.
If you hold a Canada future, as I do, this suggests that Caesars might consistently offer more favorable prices on several other countries throughout the tournament to offset their liability on Canada. This means that Caesars could be a valuable resource for any backers of Canada in the outright market who are seeking to further diversify their portfolio around their Canada future.
NBA betting odds pages
| NBA Finals Odds | NBA Defensive Player of the Year Odds | NBA Clutch Player of the Year Odds |
| NBA MVP Odds | NBA Sixth Man of the Year Odds | NBA Cup Odds |
| NBA Rookie of the Year Odds | NBA Most Improved Player Odds | NBA Win Totals |
| NBA Finals MVP Odds | NBA Coach of the Year Odds | FIBA World Cup Odds |
| NBA Play-In Tournament Odds |
FIBA World Cup FAQs
In the 2019 FIBA World Cup, Spain emerged victorious, led by Ricky Rubio and Marc Gasol, with a commanding score of 95-75 against Argentina.
The 2023 FIBA World Cup is scheduled to occur from Aug. 25 to Sept. 10 with the Philippines, Japan, and Indonesia serving as the tournament's hosts.
Here are our best NBA betting sites:
- Caesars Promo Code: SBRBONUSFULL | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings R eview
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)