Not only is the NBA one of the country’s most popular leagues to watch, basketball is also one of the USA’s favorite sports to bet on.
Our guide covers:
New NBA bettors should be able to pick up how odds work in no time. Here’s a real NBA matchup example and odds breakdown for the game.
|Teams||Point Spread||Moneyline||Point Total|
|Utah Jazz||-4.5||-190||OVER 226.5|
|Brooklyn Nets||+4.5||+165||UNDER 226.5|
So, in this betting table, you’ll see the Jazz are 4.5-point FAVORITES, indicated by the minus prefix. On the flip side, the Nets are 4.5-point underdogs indicated by the plus prefix. If you were to bet on the Jazz to cover the spread, Utah would need to win by 5-or-more points, while a bet on the Nets would need to see Brooklyn loose by 4-or-fewer OR win outright.
The moneyline odds are easy to digest. At -190, a bet on the Jazz to win pays $100 for every $190 wagered should Utah beat the Nets outright. If you like the Nets to pull the upset, a $100 wager pays $165 in the case of a Brooklyn victory. Note: $165 is profit + you recoup your initial $100 bet.
Finally, the point total is self-explanatory. If you bet the OVER, you want the Jazz and Nets to combine for 227-or-more points. If you bet the UNDER, you want the Jazz and Nets to combine for 226-or-fewer points. It’s that easy.
Still not sure where to start? Finding some expert NBA betting picks is a great strategy.
NBA point spread bets involve placing a wager on which team you think will win the game and the points margin by which they’ll win. Simply put, the ‘point spread’ is the number of points by which the favorite team is expected to win.
These point spreads are set by the sportsbook, and will likely vary slightly from site-to-site when you explore NBA online betting. Bookmakers use the point spread as a way of leveling out the chances of either team winning the game by providing an advantage or disadvantage based on the margin of victory or defeat for a given team. As such, you’ll see much more even odds in point spread basketball betting than you will in moneyline betting.
For a bet on the favorite to pay out as a winner, that team must win the game, and do so by more than the amount by which they were favored. This is known as “covering the spread”.
Here’s an NBA online betting example — the Lakers are the favorites, hosting the Warriors. The bookmaker expects the Lakers to win by 8 points or more. This would be styled as such:
The (-) signifies the game’s favorite, while the (+) signals the underdog. The (8.5) is the point spread; the amount by which bookmakers expect the Lakers to win.
In this example, if you were to wager on the Lakers spread, you would need them to win by more than 8.5 points (i.e. by 9 points or more) in order for your bet to pay out.
Conversely, a wager on the Warriors would pay out if the team either won the game outright, or lost by 8.5 points or less (i.e. by 8 points or less.)
If the Lakers won the game 110-108, the Warriors would “cover the spread” because even though they lost, they did so by fewer than 8.5 points.
In NBA betting, a moneyline bet is a type of bet that provides betting odds focused on who will win the game, regardless of how many points. The more uneven the game, the larger the discrepancy in odds will be.
With moneyline betting, a minus sign (-) in front of the odds indicates the favorite and the number listed shows how much money you must wager to win $100.
A positive sign (+) in front of the odds indicates the underdog and the number show how much money you will win for a $100 wager.
The more uneven the contest, the bigger the numbers you’ll see with basketball betting. It is rare, but sometimes if the matchup is too extreme or one-sided, a book will take the Moneyline option off the board.
Here’s an example of a NBA betting moneyline — the LA Lakers have odds of -250 on the moneyline against the New York Knicks, while the Knicks are +200 against the Lakers. Again: the (-) signals the favorite, the (+) signals the underdog.
In this example, a $100 wager on the Lakers would pay a profit of $40 if they won, while a $100 wager on the Knicks would return a profit of $200 if they won. The bigger the risk, the bigger the reward.
For more on how to read odds, you can always check our guide to sports betting.
The total in an NBA game is a wager on the final combined score of both teams. Like a point spread, this amount is determined by the bookmaker based on matchup, past performance, team averages, etc.
As a bettor, you must choose whether you think the score will be more (“over) than the set total, or less (the “under”).
The Lakers play the Knicks, and the total is set at 199.5. This type of wager would typically be listed as such:
Lakers v Knicks (Totals)
Again, the numbers in brackets signal the odds of each wager in basketball betting. In this instance, both wagers are set at -110, indicating an even bet.
The Lakers win with a final score of 110-100. This is a total combined score of 210 (110 + 100), which means the over would pay out (210 > 199.5).
In recent years, online sportsbooks have begun offering a wide selection of LIVE NBA betting, wherein you can bet on basketball games once they have begun.
Generally, multiple live bet types are available for NBA online betting, with sportsbooks offering spreads, totals, & moneyline wagers with odds that change along with the game.
It’s halfway through the second quarter, and the Lakers are leading the Warriors 20-10. Leading up to the game, the oddsmakers had the Warriors as heavy favorites, meaning they were expected to win and were offering a low payout.
However, now that the Lakers are up by ten points, they have become the heavy favourite. With live betting, bettors can wager on the Warriors with live odds that will be adjusted to reflect a higher payout.
A parlay bet is a single wager placed on the outcome of multiple events. In a parlay, all connected bets must win in order for your wager to pay out. This is a great way to increase the odds – and a bettor’s potential payout – but beware that the risk is much higher when combining bets.
Depending on the sportsbook, online NBA parlays can typically include multiple bet types, whether that’s moneyline, point spreads, over/unders, or more.
Note that there are typically requirements that prevent bettors from placing a parlay made up of similar bets – for example, a bettor would not be allowed to combine the Lakers spread and the Lakers moneyline.
The Lakers are playing the Knicks, and the Warriors are playing the Bulls. You place a parlay bet on the Lakers moneyline and the Warriors moneyline.
In this instance, your wager would pay out only if both the Lakers and the Warriors win their games. If they do, your payout would be your wager size, multiplied by the Lakers odds, multiplied by the Warriors odds.
If any event in your parlay loses, your entire wager loges.
Thanks to futures, NBA gurus can put their money where their mouths are with respect to their long-term predictions. NBA futures bets allow bettors to wager on topics like who will win the Finals, who the MVP will be, and many more NBA betting options.
These types of wagers are generally open in the pre-season and throughout the year. As you’d expect, the payout odds correspond with the likelihood of an event occurring.
For example, it’s unlikely that Russell Westbrook is going to be this year’s MVP, so his payout odds on the NBA 2020 MVP futures bet would be quite high. Giannis Antetokounmpo, on the other hand, was having a strong 2020 campaign, and has a solid chance of winning this year’s MVP. His odds – and payout – would be much lower.
Typically, a prop bet involves betting on the performance of an individual team (which team will score first?) or player (will LeBron have over or under 25.5 points?) in a game or season.
However, prop bets are exceedingly popular because they run the gamut from ‘normal’ bets to the truly bizarre.
Just about anything that can happen in or around an NBA game can be turned into a prop bet. Props are particularly popular during the Finals, when bettors can wager on things like the length of the pre-game national anthem, or the color of the gatorade that will be poured on the winning coach.
Note that prop availability varies widely by sport and by sportsbook, so we’d recommend doing your homework using our sportsbook reviews if you want to place these types of bets.
The standard for NBA prop bets link to the performance of individual players in a given game: How many total points will LeBron have? Which player will have more rebounds? How many threes will Steph Curry hit?
Another popular way to bet props are NBA team props. These focus on team performance: how many total games will the Raptors win? Which team will score first? Which team will be the first to score 20 points?
Again, props on the NBA draft are pretty straightforward. These props involve which NCAA and NBA G-league players will be selected to which team, the order of draft picks and even what players will wear, drink or say during the televised draft.
Simply put, NBA playoff and championship props are placed during playoffs and finals, and typically focus on things like which team will win, what scores will be, and often includes other props like over/unders, (which team will have a higher or lower score), and moneylines on the entire championship.
Now, All-Star weekend props are where it gets really fun—These props range from the most prominent celebrity presence, to over/unders, winner and total scores from the All-Star weekend events like the skills challenge, three-point content, slam dunk content and the actual All-Star NBA game.
Try to find the best NBA betting lines when possible. Some sportsbooks offer lines that deviate from the masses to differentiate themselves from the competition—Use this to your advantage when NBA online betting. Check out sportsbook reviews to learn more, too.
Don’t be afraid to bet on the favorite. Unlike other professional sports, teams that are heavy favorites in the NBA almost always come through. You won’t always like the odds you’re offered, but if you like a matchup, you should consider laying some real money on it.
Three games in four nights matters—When it comes to NBA betting online, be sure to note the team’s schedule that week. The NBA schedule is grueling and teams playing three games in four nights are often at a major disadvantage no matter where they’re playing.
Ready to start basketball betting for money? Check out our favorite real money sportsbooks.
Here are some helpful betting tips from Gamble Online’s team of NBA experts.
Injuries are part of the game and can wreak havoc on NBA gambling odds. Be sure to keep tabs on which players are nursing injuries heading into gamedays as you might not learn if they’re playing or not until closer to opening tip. Plus, in this era of “load management,” star/key players tend to rest more often. You don’t want to place a big bet on the Lakers only to learn LeBron James isn’t playing that night.
Note: if you catch breaking news that a star player is out, you might be able to find better odds on the favorite or underdog before bookmakers have time to address the change.
It might not be football, but the physical toll of playing back-to-back games is not something NFL players need to worry about, while some NBA players do. Keep an eye on how much a team has been traveling, the distance they had to travel between cities and when those back-to-back games hit the schedule, consider leaning towards the rested squad.
Advanced metrics in sports can also be applied to betting on NBA games. Defensive metrics are critical to handicapping your basketball bets. Efficient defensive teams could be looked at when considering a point total UNDER or when a highly-ranked offense faces one of the league’s worst defenses, a point spread cover could be in order that evening.
Don’t fall in love with one online sportsbook. When it comes to betting on the NBA, odds are not one size fits all and you can shop around for better numbers.
For example, if you love the Lakers to beat the Clippers one night and the first sportsbook has the Lakers moneyline at -110, but the second has it at -107, you want to take advantage of that discount at the second book. The “juice” is lower and can make you a few extra bucks when the Lakers beat their Los Angeles rivals.
NBA point spread bets are the most common. Here’s an example of an NBA point spread:
Los Angeles Lakers (-7.5)
Cleveland Cavs (+7.5)
In this instance, if you bet $100 on the Lakers (-7.5), Los Angeles must win by 8-or-more points to cover the spread. If you bet on the Cavs (+7.5), Cleveland must either lose by fewer than 8 points OR win the game outright.
There are a wide variety of ways to bet on the NBA. First, find an online sportsbook that accepts NBA betting and set up an account. The three most popular NBA bets are point spread, moneyline, and point totals. Sports gambling sites typically offer these bets for a full game, half and even 1st, 2nd, 3rd and 4th quarters.
Yes, NBA betting is legal. Nobody has ever been arrested for gambling on the NBA. No sports bettor should have any worries about placing online NBA bets with a reputable sportsbook.
In fact, the NBA is a major fixture of those states which have legalized sports betting. The list of states includes Nevada, New Jersey, Delaware, and Pennsylvania, among others. However, not all casinos and sportsbooks can offer NBA online betting or even brick-and-mortar NBA wagering. The Golden Nugget Casino in New Jersey cannot accept wagers on NBA basketball because its owner, Tillman Fertitta, also owns the Houston Rockets.
The first time you visit an online NBA betting sportsbook, the most popular odds will most likely be displayed in a table like this:
They straight moneyline bet is the easiest one to make as the bettor simply needs to pick the winning team. In the example above, a $100 bet on the Celtics would pay $165 should Boston beat the Nets. The more points a team is favored by, the higher the juice/vig on the moneyline, which explains a $190 bet on the Nets only pays $100.
The point spread bet means the Nets need to win by 5-or-more points OR, for those placing bets on Boston, the Celtics needs to lose by four-or-fewer points or win the game outright.
The other most popular way to bet on NBA basketball is point total. Gamblers bet on whether they believe the teams will combine to score more or fewer points than the bookmakers total. This one is popular due to the Over/Under simplicity of the bet.
Here’s an example of a push in NBA betting: let’s say you take Golden State (-7) and the Warriors go on to win the game by exactly seven points. You don’t win the bet nor do you lose the bet. The original wager is simply returned to you. While it might seem unsatisfying for your bet to end in a tie, it is better than losing real money.
Yes! Typically in the weeks leading up to the annual NBA Draft, our recommended online sportsbooks cook up odds specials and player-specific prop bets tied to the event. An example of an NBA Draft bet would be, “Who will the Rockets select with the No. 1 Draft Pick” or “How many guards will be drafted in the first round?”
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