NBA Betting: Understanding the Betting Types & Odds

NBA Online betting odds are how a sportsbook communicates the payout with a given bet.

Online betting in the National Basketball Association or NBA has gained massive popularity.

The presence of several star players from each participating teams have helped enormously in its global appeal in the online sports betting industry specially in NBA.

To gain more appreciation in online betting in the NBA, it is advisable that newcomers and veteran online bettors alike learn and have a deeper understanding on the various betting types and odds in this sport.

NBA Betting: Let’s go over some of them

Point Spread

This is a number given to both teams in a game. One team is the favourite by that number points while the other team is an underdog by that same number of points.

Example:

Chicago Bulls +5 vs Utah Jazz -5

The Bulls are 5-point favourites, with the Jazz being 5-1 underdogs. If you bet on the Bulls at -5, they must win the game by at least 6 for the bet to win. If you bet on Chicago at +5, a winning bet on them results from them either winning the game outright or if they lose by a number under 5.

Chicago won by 5 exactly, the bet is called a “push and all bettors get their bets back.

Money Line

This is a form expressing odds widely used in all types of sports betting. Here, you siiply pick the winning team without the concerns of margins indicated in point spreads.

Example:

Denver Nuggets +400 vsMiami Heat -600

Here, Miami is a 6-to-1 favourite. If you see -600 or minus any number that is how much you must bet in order to win $100. To win $100 on Miami, you must bet $600. Denver at =400 means you win $400 for every $100 you bet. The +sign is how much you win if you bet $100, while a –sign is what you bet to win $100.

Totals

This is the projected combined total scored set by the sportsbook. The bettor can either bet over or under based on if you think the total combined score of both teams will not meet or surpass that number.

Example:

New York Knicks vs Orlando Magic, Total: 191

Here, you choose whether the total combined score of both the Knicks and the Magic will go over or under 191. For example, if the score is 100-91, everyone gets their bets back.

You have to bet more than what you stand to win when betting totals. The more common betting line is -110, meaning you bet $110 for every $100 you hope to win.

Proposition Bets

These are agers placed on particular outcomes within a game. Example, you may be able to bet on how many three-point shots a player will make., how many blocks a team can make or who will win the opening jumpball.

To learn more about prop bets, it is advised that you ask for further details on your favourite sportsbook. Going for prop bets is really fun and aside from asking details from your sportsbook, doing some research and gaining better knowledge on your betting strategy will help you become profitable.

Future Bets

These are bets made on events that will happen in time. Online sportsbooks will allow you to bet on for example, regular-season win totals team, which team will make the playoffs, which team will win the title, who will be named Rookie of the Year, or who will be named MVP, etc.

Future bets can be made any time before the event takes place.

Parlay Bets

This type allows you to put two or morebets on one betting slip. Parlats allow you to take the moneylin from one game, totals from another and the spread from a different matchup. Foer example, a parlay ticket could appear like this:

LA Lakers Moneyline + Milwaukee Bucks vs New Jersey Nets Totals + San Antonio Sprs to cover the spread.

All bets on your spread must win otherwise you lose. One loss means you lose the entire bet.

CONCLUSION: NBA BETTING

Online betting in NBA is easy and as enjoyable when you watch your favourite team and players in action.

Understanding the betting odds complemented by the various teams to select from and action almost day in and day out make it easier for you have a great NBA online betting experience

Contact your favourite sportsbook now and inquire for more details like the promotions and betting bonuses they have on offer. Have fun and good luck in your NBA online betting!

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