Basketball Otago's hopes of bouncing back from the brink of liquidation have been buoyed.

A little over $4000 was raised at a fundraising game on Saturday.

The group "Keep Basketball in Otago" organised the event, hoping to raise about $20,000.

But attendance was lighter than expected.

Organisers put low crowd figures down to the fact that Dunedin hosted a large number of other events over the weekend.

But they remain happy that those who did attend were provided with some quality basketball.

The Canterbury Rams won the match against an invitational Otago side by 10 points.