NBA betting is nearly as popular as football betting but many believe that beating the league’s odds is one of the toughest challenges in sports betting. Basketball is a game of momentum and teams will often go on a number of scoring streaks during the game, which means each match essentially favors the team that gets hot at the right moment. Every game is also highly influenced by an unpredictable number of factors like injuries and individual matchups. It may be a tough task but a bit of research on OddsUSA will give you an edge on bettors chasing hype and star value.
NBA betting is experiencing a newfound popularity in the United States after the Supreme Court in 2018 allowed states to legalize sports betting. There are millions of people coming online and OddsUSA is here to answer their burning questions about how NBA odds work, who sets them, where to bet, and how to get an advantage over the professional handicappers.
Betting on NBA Games
There are two ways to bet on NBA games.
The first is the point spread, which determines that margin of victory a favorite must win by in order to “cover,” or pay out. The points spreads differ greatly depending on team strength. For example, if the Warriors are a -9 favorite, they must win by at least 10 points to pay out. If the Knicks are a +3 underdog, they can lose by no more than 2 points and still pay out.
The other way, which has been less popular but is gaining traction, is the moneyline, which is the ratio of the payout to the initial bet. So if the Lakers are a -270 favorite, you would have to bet $270 to win $100. On the other hand, if the Celtics are a +280 favorite, your $100 bet would net you $280. The moneyline for point spread picks is usually around -110, so a $110 bet would result in $100 in winnings.
Bettors can also wager on the point total or “over/under.” Each individual sportsbook will set their own projected combined point total for each game and bettors can wager on whether the final score will be over or under the projection.
NBA odds will differ from site to site and the point spread and moneyline may change day-to-day depending on factors like injuries and betting trends. Because different sites will offer different odds for each game, bettors can shop around to find the point spread, moneyline, or over/under that most favors their pick. Because of the constantly changing odds, you can place multiple bets on the same game with a significantly different line.
One other fun aspect of NBA odds is the future odds. You can bet months in advance on who will win the NBA championship, who will win each division, who will win MVP or rookie of the year, who will lead the league in assists, and countless other bets with odds that change wildly during the season, especially if a star player gets seriously hurt.
NBA Betting Markets
Along with moneyline, point spread, over/under and future bets, there are a couple more types of bets that make the in-game action even more interesting.
You can also find in-game betting and prop bet options on certain betting sites. These allow you to bet on a variety of in-game events, including the results of individual possessions and game stat leaders. You can also bet on what the score will be at the end of a certain quarter, whether a point guard will reach a certain number of assists, or whether a player will hit a certain number of points.
More advanced players can dabble with parlays, which require bettors to select two different bets that must then both win for the bettor to be paid but the winnings are much higher than for a single bet. Teasers are another tool in the experienced bettor’s kit, allowing you to adjust the point spread or total to minimize your risk, but function similar to parlays in that you need to have two or more bets combined into one.