BetMGM NBA Odds: Your Guide to the NBA Betting Lines

17 min read
Jan 8, 2025, 4:11 PM

Why Choose BetMGM for NBA Betting

BetMGM is among the most reviewed sportsbooks in the United States with National Basketball Association (NBA) betting.

The sportsbook offers many wagering markets, including money lines, point spreads, player props, NBA futures, and parlays.

In 2018, BetMGM became the first sportsbook to partner with the NBA, announcing its intention to be a leader in wagering on the world's top basketball league.

This guide examines BetMGM's NBA odds and betting markets, compares them to those of its direct competitors, and outlines some key principles for NBA betting.

Understanding NBA Odds

NBA odds are the foundation of all betting on the sport. Bettors must understand the odds before they can make responsible wagering decisions.

Odds indicate the probability of different outcomes in the games, from simple win/lose scenarios to more complex event predictions. The American odds format uses positive and negative numbers, each meaning different things for payout and betting requirements.

American Odds

At BetMGM, NBA odds can be displayed in decimal or fractional format, but the default for betting on the league is American odds.

With American odds, positive numbers identify the underdog in the matchup. The number is what you would win on a $100 bet if the underdog wins. For example, if the odds are +150, a $100 bet would return $150 in profit plus your $100 bet for a total of $250.

Negative numbers identify the favorite. You need to bet the number to win $100 in profit. For example, if the odds are -150, you would need to bet $150 to win $100 in profit, a total of $250 when you add your original bet back.

NBA Examples

Let's use these examples from NBA games:

Example 1: New Orleans Pelicans vs. Oklahoma City Thunder

  • Pelicans Odds: +230
  • Thunder Odds: -290
  • Meaning: The Thunder are favorites. To win $100 backing the Oklahoma City, you need to bet $290. A $100 bet on the Pelicans would earn $230 if they win.

Example 2: Boston Celtics vs. Indiana Pacers

  • Celtics Odds: -215
  • Pacers Odds: +175
  • Meaning: The Celtics are favorites. If they win, a $175 bet on Boston would earn $100, while a $100 bet on the Pacers would earn $155.

Takeaways

  • Positive odds offer greater rewards but higher risk as they are the underdog.
  • Negative odds are safer bets on favorites but require a bigger initial investment for a smaller return.

If you need more information to understand how odds work fully, RG has a guide on odds that includes a more detailed breakdown of American, Decimal, and Fractional formats.

Types of NBA Odds and Markets Offered at BetMGM

BetMGM provides various markets for casual and experienced bettors. The sportsbook covers basic wager types like spreads, moneylines, and more advanced options such as player props and same-game parlays

Below is a summary of the betting options presented at BetMGM:

Bet TypeDescriptionExample
Point SpreadsPredict the margin by which a team will win or lose. Favored teams must cover the spread to win.Minnesota Timberwolves -5.5 vs. Dallas Mavericks +5.5.
Over/Under (Totals)Wager on whether the total points scored in a game will be over or under a set number.Over 220.5 (-110) or Under 220.5 (-110) for the Chicago Bulls vs. San Antonio Spurs.
FuturesLong-term bets, including predictions for NBA champions, conference winners, or MVP awards.Denver Nuggets to win the NBA Championship (+500), or Luka Dončić to be MVP (+1200).
Player PropsFocus on individual player performance metrics like points, rebounds, or assists.LeBron James to score over/under 25.5 points, or Steph Curry to make 5+ three-pointers.
Team PropsBet on team-specific outcomes, such as total points scored or first-half performance.Milwaukee Bucks to score over 110.5 points, or the Suns to win the first half.
Same-Game ParlaysCombine multiple bets within a single game for higher payouts.Giannis Antetokounmpo over 10.5 rebounds, Bucks -7.5 spread, and game total over 230.5.
Halftime/Quarter BetsWager on specific segments of a game, such as first-half spreads or third-quarter totals.Brooklyn Nets to win the first quarter against the Los Angeles Lakers.
Alternate Spreads/TotalsAdjust the spread or total points for different odds.Warriors -10.5 at +200 or Over 215.5 at -140 for the Celtics game.

Odds Comparison: BetMGM vs. Competitors

Because odds change consistently on a day-to-day basis, this guide is not able to give you a definitive answer about how BetMGM's oddsmakers stack up to their competition, but a summary of all of the moneylines from a Friday night during the NBA season provides a snapshot in time to give you a sense of how the sportsbook compares.

GameBetMGMFanDuelDraftKingsbet365
CHA @ DET

Pistons (-275)

Hornets (+230)

Pistons (-260)

Hornets (+215)

Pistons (-298)

Hornets (+240)

Pistons (-280)

Hornets (+230)

ORL @ TOR

 

Magic (-120)

Raptors (+100)

Magic (-126)

Raptors (+108)

Magic (-120)

Raptors (+100)

Magic (-120)

Raptors (+100)

NYK @ OKC

Knicks (+155)

Thunder (-190)

Knicks (+160)

Thunder (-190)

Knicks (+160)

Thunder (-192)

Knicks (+160)

Thunder (-190)

BOS @ HOU

Celtics (-135)

Rockets (+110)

Celtics (-126)

Rockets (+108)

Celtics (-130)

Rockets (+110)

Celtics (-130)

Rockets (+110)

WAS @ NOP

Wizards (+230)

Pelicans (-300)

Wizards (+245)

Pelicans (-300)

Wizards (+235)

Pelicans (-290)

Wizards (+230)

Pelicans (-280)

CLE @ DAL

Cavaliers (-300)

Mavericks (+230)

Cavaliers (-270)

Mavericks (+220)

Cavaliers (-278)

Mavericks (+225)

Cavaliers (-280)

Mavericks (+230)

SAS @ DEN

Spurs (+220)

Nuggets (-275)

Spurs (+198)

Nuggets (-240)

Spurs (+215)

Nuggets (-265)

Spurs (+210)

Nuggets (-260)

MEM @ SAC

Grizzlies (+135)

Kings (-160)

Grizzlies (+136)

Kings (-162)

Grizzlies (+136)

Kings (-162)

Grizzlies (+130)

Kings (-155)

ATL @ LAL

Hawks (+115)

Lakers (-140)

Hawks (+124)

Lakers (-146)

Hawks (+120)

Lakers (-142)

Hawks (+115)

Lakers (-135)

GameBetMGMFanDuelDraftKingsbet365
CHA @ DET

Pistons (-275)

Hornets (+230)

Pistons (-260)

Hornets (+215)

Pistons (-298)

Hornets (+240)

Pistons (-280)

Hornets (+230)

ORL @ TOR

 

Magic (-120)

Raptors (+100)

Magic (-126)

Raptors (+108)

Magic (-120)

Raptors (+100)

Magic (-120)

Raptors (+100)

NYK @ OKC

Knicks (+155)

Thunder (-190)

Knicks (+160)

Thunder (-190)

Knicks (+160)

Thunder (-192)

Knicks (+160)

Thunder (-190)

BOS @ HOU

Celtics (-135)

Rockets (+110)

Celtics (-126)

Rockets (+108)

Celtics (-130)

Rockets (+110)

Celtics (-130)

Rockets (+110)

WAS @ NOP

Wizards (+230)

Pelicans (-300)

Wizards (+245)

Pelicans (-300)

Wizards (+235)

Pelicans (-290)

Wizards (+230)

Pelicans (-280)

CLE @ DAL

Cavaliers (-300)

Mavericks (+230)

Cavaliers (-270)

Mavericks (+220)

Cavaliers (-278)

Mavericks (+225)

Cavaliers (-280)

Mavericks (+230)

SAS @ DEN

Spurs (+220)

Nuggets (-275)

Spurs (+198)

Nuggets (-240)

Spurs (+215)

Nuggets (-265)

Spurs (+210)

Nuggets (-260)

MEM @ SAC

Grizzlies (+135)

Kings (-160)

Grizzlies (+136)

Kings (-162)

Grizzlies (+136)

Kings (-162)

Grizzlies (+130)

Kings (-155)

ATL @ LAL

Hawks (+115)

Lakers (-140)

Hawks (+124)

Lakers (-146)

Hawks (+120)

Lakers (-142)

Hawks (+115)

Lakers (-135)

Most Reviewed Sportsbooks with NBA Odds

FanDuel Sportsbook
FanDuel Bet $5 Get $200
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  • Availability across most of US legal states
  • Competitive odds & diverse markets
  • Attentive customer service
  • Extensive list of Same Game Parlay's
  • App speeds vary for some users
  • Geo locate sometimes unreliable
AZ
CO
CT
IL
IN
IA
KS
KY
LA
MD
MA
MI
NJ
NY
OH
PA
TN
VA
WV
WY
NC
VT
DC
ON
CAD
USD
VISA
Mastercard
Discover
Debit Cards
ApplePay
Google Pay
Venmo
PayPal
FanDuel Prepaid Card
Cash at Retail Stores
Cash at Cage
ACH/eCHECK
American Express
Bank Wire Transfer
Diners
VIP Preferred
Play+
Go to Website
Details
DraftKings Sportsbook
DraftKings New Customer Bonus - Bet and Get Up to $500 in Bonus Bets + 1 Month of NFL+ Premium
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  • Extensive betting markets
  • Live betting
  • Efficient & secure payments
  • Strong security measures
  • Mobile app connectivity issues
  • Maximum bets on odds boosts are low.
  • Promotional restrictions
NJ
CO
OH
IA
VA
KY
AZ
CT
IL
IN
KS
LA
MD
MA
MI
NH
NY
OR
PA
TN
WA
WV
WY
ON
PR
DC
CAD
USD
ACH/eCHECK
American Express
ApplePay
Google Pay
Debit Cards
VISA
Bank Wire Transfer
PayPal
Trustly
Paynearme
paysafecard
Cash at Cage
Skrill
Cash at Retail Stores
DraftKings Gift Card
Play+
Venmo
VIP Preferred
Mastercard
Discover
Go to Website
Details
BetMGM Sportsbook
BetMGM First Bet Offer: Up To $1500 In Bonus Bets
Get bonus here
  • Available in many U.S. States and Canada
  • Numerous betting markets
  • Major partnerships with teams/leagues
  • Promotions are timely and change rapidly
  • Connectivity issues on betting app
AZ
CO
IN
IA
IL
KS
KY
LA
MD
MI
NJ
OH
PA
TN
VA
DC
WV
WY
NC
ON
MO
MA
MS
NV
NY
NM
OR
SD
WA
CAD
USD
Venmo
American Express
Borgata Cage
Mastercard
VISA
Paynearme
PayPal
Play+
BetMGM GiftCard
VIP Preferred
Bank Wire Transfer
ApplePay
Google Pay
Discover
GameOn Gift Card
Debit Cards
Go to Website
Details
ESPN Bet Sportsbook
ESPN BET Make Any Bet Get $100
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  • Extensive Market Reach.
  • Unmatched Fan Engagement.
  • Live betting.
  • Digital media bohemeth.
  • Limited live streaming.
  • Connectivity issues on betting apps.
AZ
CO
IL
IA
KS
KY
LA
MD
MI
NJ
OH
PA
TN
VA
WV
MA
NC
USD
CAD
VISA
Mastercard
Trustly
ACH/eCHECK
PayPal
Skrill
Venmo
Cash at Cage
Bank Wire Transfer
ApplePay
Debit Cards
Go to Website
Details

Getting Started with NBA Betting on BetMGM

BetMGM makes it straightforward for new bettors to begin wagering on NBA games. The registration process is designed to take minutes, allowing bettors to access various markets quickly.

Here's a step-by-step guide to help new bettors create an account on BetMGM and access NBA markets. 

1. Visit BetMGM:

  • Access the BetMGM Sportsbook website or app to view the latest odds, such as NBA futures odds on the Most Valuable Player or the moneyline on a regular season game.
  • Ensure you're located in a state where BetMGM is legally authorized to operate. BetMGM is located in 28 states (retail and online) and Washington, D.C. Bettors must be 21 and above in all regions except D.C., where the gambling age is 18.

2. Sign Up:

  • To confirm your account, click on the gold "Sign Up" button and provide personal details, including name, date of birth, and email address.
  • BetMGM ensures compliance by requiring bettors to share the last four digits of their Social Security Number (SSN) and activate geolocation services.

3. Make Your First Deposit:

  • Choose from payment methods like PayPal or bank transfers to fund your account.
  • Set deposit limits to practice responsible gambling as you explore NBA betting odds.

4. Claim The BetMGM First Bet Offer:

  • BetMGM gives new bettors a first bet offer based on current odds for many games and betting markets.
  • Before using the promotion, read the review and the terms carefully, such as wagering requirements and expiration dates.

5. Explore the NBA Betting Markets:

  • Now, navigate to the NBA section on the homepage and choose the bet you want to make.

NBA Finals Odds

As an NBA bettor, you have the option to bet on who will win the NBA Finals at any time during the regular season or postseason. As the season progresses, the odds can change significantly to reflect trades, injuries, and overall team performance.

Below is an example of how the odds changed during the 2024-25 regular season. The chart displays the top five favorites to win the NBA Finals in early January according to BetMGM's odds and what their opening odds were before the season:

NBA Odds Movement

Odds Current as of January 3, 2025

These odds will continue to move daily in the remaining months of the 2024-25 season. One day to be particularly aware of on the NBA calendar is the trade deadline. This date varies by season, but for 2024-25, it is on February 6.

More often than not, this date features numerous trades that can shake up the competitive landscape of the NBA and, as a result, the odds of winning the NBA Finals. In 2023-24, 16 trades were completed on the trade deadline.

NBA Betting Principles

No individual NBA betting strategy guarantees success, but a few guiding principles can help you manage your basketball wagers and improve your chances of profitability when wagering with BetMGM or any other online sportsbook.

  • Note Historical Trends: Not every historical trend is relevant, but sometimes what's happened in past seasons is a good predictor of the future. For example, if you bet on a game between the Los Angeles Lakers and Los Angeles Clippers during the 2024-25 season, it might be helpful to know that the Clippers were 26-9 against the Lakers in the previous 10 seasons.
  • Research Recent Performance: Sometimes, a team or players' season-long statistics do not tell a complete story. A recent example is the 2023-24 Houston Rockets, who had an average 41-41 record on the whole season but finished it on a 16-8 run. Betting on Houston moneylines went from a poor strategy early in the season to an excellent one later on as the team improved.
  • Always Keep Check On Injury Reports: When teams miss superstars, the effect of their absence may seem obvious, but keep a close eye on key role players, too. It's also important to know whether the number of participating players might be limited. For example, when Zion Williamson entered the NBA, he was on a strict minutes restriction. In his first eight games, he averaged less than 27 minutes per night, and even though the New Orleans Pelicans had a point differential of +53 when he was on the court, they went just 4-4.
  • Track Line Movement and Shop for Odds: Watch how the lines move to see what the public and pros are betting. You don't need to follow the crowd, but understanding generation consensus and where the money wagered is going can be helpful. Pay attention to movement at multiple sportsbooks to get a better sense of the landscape and find the most favorable odds for your wager.
  • Don't Let Fandom Creep into Your Decision-Making: Just because you want a team to with that doesn't mean that it will. Fandom can lead to an irrational interpretation of information, and it's often best to bet on teams in which you have no emotional investment.

Responsible Gambling Best Practices for NBA Betting

No matter how strategic your wagering is, it's critical to understand that profitability may remain elusive, and responsible gambling is a must.

Below is a summary of some best practices for betting on the NBA responsibly:

PrincipleDescriptionApplication in NBA Betting
Set a BudgetAlways establish a clear betting budget and stick to it, regardless of outcomes.Allocate $100 for weekly NBA betting and avoid chasing losses by exceeding this limit.
Do Not Bet on Every GameAvoid placing bets on every available NBA game; focus on games where you have researched data.Bet only on 2-3 games per night based on thorough analysis, not on impulse or excitement.
Understand the OddsKnow how betting odds work and their implied probabilities before placing a wager.Recognize that a +200 moneyline for the underdog equates to a 33.3% implied chance of winning.
Monitor Betting HabitsRegularly review your betting activities to ensure they remain controlled and enjoyable.Keep a record of your NBA bets, tracking wins, losses, and trends to identify risky behavior.
Research Teams & TrendsStudy team performances, player stats, and recent trends to make informed decisions.Analyze stats like the Kings' pace or the Heat's second-half performance before placing a bet.

Conclusion

etMGM provides a solid platform for NBA betting, offering a variety of markets and competitive odds. While it may not be the only option for NBA bettors, it is a noteworthy choice for those interested in basketball wagering.

  • Variety of Betting Markets: BetMGM offers a wide selection of NBA betting options, including moneylines, point spreads, and player props.
  • Consistent Odds: BetMGM's odds are competitive with those of other sportsbooks, though they may vary across different games and events.
  • NBA Partnership: BetMGM is the first sportsbook to partner with the NBA, which shows its commitment to being a basketball betting destination.
  • Responsible Gambling Tools: The platform provides resources for bettors to set limits and track their betting behavior, aligning with responsible gambling practices.

While BetMGM offers a range of tools and markets for NBA betting, it is always advisable to compare options before making a decision on where to wager.

FAQ

Betting Markets

What Types of NBA Betting Markets Are Available at BetMGM?

BetMGM offers various NBA betting options, including moneylines, point spreads, player props, futures, over/under totals, and same-game parlays.

Odds

How Do I Understand NBA Odds at BetMGM?

NBA odds at BetMGM use the American format, where positive numbers represent underdogs and negative numbers represent favorites. These numbers indicate potential profit or required stake.

Bonus Bets

Are There Any Promotions or Bonus Bets Available for New NBA Bettors?

BetMGM offers a first-bet offer with bonus bets, allowing new customers to explore NBA markets under specific terms and conditions.

First Bet

How Can I Place My First NBA Bet on BetMGM?

To place your first NBA bet, you need to sign up, verify your identity, deposit funds, and then select your desired NBA market on the platform.

Responsible Gambling

How Can I Bet Responsibly When Wagering on NBA Games?

BetMGM encourages responsible gambling by offering tools to set limits, track your betting, and focus on informed bets based on research.

References

Sources
Basketball-Reference
Houston Rockets 2023-24 Schedule and Results
https://www.basketball-reference.com/teams/HOU/2024_games.html
Basketball-Reference
Zion Williamson 2019-2020 Game Log
https://www.basketball-reference.com/players/w/willizi01/gamelog/2020
<p>Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game in 1998, and he's been writing about them professionally since 2014.</p><p>Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports while growing his expertise in sports data analysis and research.&nbsp;</p><p>Between 2022 and 2023, he worked for a betting startup called NorthStar Bets. In 2024, he contributed to Oddspedia before joining the RG team.</p>
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Meet our Authors

Paruyr Shahbazyan started his business career as an entrepreneur in 2000. Over 13 years, he learned business and leadership, which laid the foundation for his career.

In 2013, Paruyr entered the sports and betting industry as the founder and president of Bookmaker Rating, an online media platform he led until 2020. The platform focuses on in-depth analysis and insights in sports betting and has gained a reputation for quality content.

In 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This shows his commitment to technology in the sports betting space. Through all these experiences, Paruyr has been shaping and influencing the betting industry, setting new trends and standards.

Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports.

Strategic Vision

Paruyr's vision is to revolutionize the sports entertainment industry by integrating technology. He sees the future of sports entertainment as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. He aims to create platforms that are not only user-friendly but also uphold the highest standards of ethical reporting, contributing to a more responsible and enjoyable sports culture.

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Sol Fayerman-Hansen
Editor-in-Chief

With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.

At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.

Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game in 1998, and he's been writing about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports while growing his expertise in sports data analysis and research. 

Between 2022 and 2023, he worked for a betting startup called NorthStar Bets. In 2024, he contributed to Oddspedia before joining the RG team.

Sergey Demidov
Sergey Demidov
Head of News Department

Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

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