Navigating NBA Betting Trends

11 min read
Jan 31, 2024, 12:51 PM
Author
Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Last Updated: Jan 14, 2025, 1:29 PM

NBA Betting Odds

NBA odds are the foundation of all betting on the sport. Bettors need to understand the odds before they can start to dive deeper into the trends that could affect their betting strategies.

The odds indicate the probability of different outcomes in an NBA game, from simple win/lose scenarios to more complex event predictions. Odds are presented in three formats - American, Decimal, and Fractional, but our guide will focus on American odds.

The American odds format uses positive (+) and negative (-) numbers, each impacting aspects of payout and betting requirements.

About American Odds

The positive numbers identify the underdog in an NBA game. 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.

In sports betting, negative numbers identify the favorite. The number is what you need to bet 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.

Let's look at 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. A $175 bet on Boston would win $100 if they win, while a $100 bet on the Pacers would earn $155 if they win.

Takeaways

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

Either way, no bet is a sure bet, but making informed decisions will help lessen the risk.

Types of NBA Bets

Once you feel you have a good handle on how basketball odds work, it's important to understand what betting options are available. Online sportsbooks offer every bet type under the sun, and every NBA bettor has their own preferences.

Below, you'll find a summary of some common wager types:

Bet TypeExplanationExample
MoneylineBet on which team will win the game outright.Betting on the Denver Nuggets (-200) to beat the Lakers: A $100 bet wins $50.
Point SpreadBet on the margin by which a team will win or lose, adjusted by a spread.Betting the Miami Heat -5.5 (-110) to cover against the Celtics: A $100 bet wins total amount of $90.91.
Total (Over/Under)Bet on whether the total combined score will be over or under a set number.Betting over 220.5 points in a Warriors vs. Suns game (-110): A $100 bet wins $90.91.
ParlayA single bet combining two or more bets for a higher payout, all must win.Combining Bucks to win (-200) and over 215.5 total points (+200): A $100 bet wins $400.
Prop Bet (Player)Bet on an individual player's performance during the game.Betting on LeBron James to score over 25.5 points (+150): A $100 bet wins $150.
Prop Bet (Team)Bet on a team's specific performance in the game.Betting on the 76ers to score over 110.5 points (-110): A $100 bet wins $90.91.
FuturesBet on an outcome in the future, such as a championship win.Betting on the Suns to win the 2024 Championship (+500): A $100 bet wins $500.
Live BettingBets placed during the game with odds adjusting in real-time.Betting on Celtics (+200) to win after trailing at halftime: A $100 bet wins $200.
TeasersA parlay with adjusted spreads/totals in your favor.Betting Mavericks +8.5 and under 220.5 (-110): A $100 bet wins $90.91.
Quarter BettingBet on the outcome of a specific quarter or period.Betting on Lakers to win the 3rd quarter (+120): A $100 bet wins $120.
First BasketBet on which player scores the first basket.Betting on Nikola Jokic (+800) to score first: A $100 bet wins $800.
Double ResultBet on the halftime and final result combination.Betting Warriors to lead at halftime and Kings to win (+600): A $100 bet wins $600.
Exact ScoreBet on the exact final score of the game.Betting Nuggets 112, Lakers 104 (+5000): A $100 bet wins $5,000.
Winning MarginBet on the margin by which a team will win.Betting Heat to win by 6-10 points (+400): A $100 bet wins $400.
Half-Time/Full-TimeBet on halftime and full-time combined result.Betting Lakers to lead at halftime and win the game (+250): A $100 bet wins $250.
Alternate LinesAdjusted spreads or totals different from standard lines.Betting Warriors -2.5 (-110) instead of standard -5.5: A $100 bet wins $90.91.
Player SpecialsBet on unique player outcomes like triple-doubles.Betting Curry to make over 5.5 three-pointers (+150): A $100 bet wins $150.
Team SpecialsBets on team-specific achievements.Betting 76ers to get over 25 assists (+200): A $100 bet wins $200.
Season Win TotalsBet on over/under a team's season wins.Betting Knicks over 45.5 games (-110): A $100 bet wins $90.91.
Match CombosCombine multiple markets within one game.Betting Bucks to win and Giannis to score over 30 points (+300): A $100 bet wins $300.

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TN
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Trustly
ACH/eCHECK
PayPal
Skrill
Venmo
Cash at Cage
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ApplePay
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Details

Principles for NBA Betting

There is no one ultimate NBA betting strategy that guarantees success, but a few guiding principles can help guide your basketball wagers.

  • Research Team Performance: Look at recent games, injuries, and head-to-head records. An NBA team can be different from one month to another, depending on which players are available and how their roles change. In the 2024-25 NBA season, the Milwaukee Bucks started 2-8, but by the end of December, they had a 17-14 record that ranked fifth in the Eastern Conference. Teams find their footing or hit significant slumps all the time. 
  • Track Line Movement: Watch how the lines move to see what the public and pros are betting. You don't need to follow the crowd, but understanding the general consensus and where the money wagered is going can be helpful.
  • Pay Attention to Situational Angles: Sometimes, the schedule can significantly affect results. Note when teams are playing back-to-backs or dealing with a tough travel schedule. For an example of how powerful this effect can be, the Indiana Pacers were 3-10 on no rest in 2023-24 and 44-25 in all other situations.
  • Don't Overreact on One Game: One game doesn't make a trend. A team looking awful in one game you watch isn't necessarily indicative of future performance.

NBA Responsible Gambling Best Practices

No matter how well you identify and follow statistical trends, it is critical to use responsible gambling practices whenever you bet.

  • Set a Budget: Decide in advance how much money you're willing to spend and never exceed that number. It is unwise to have your budget exceed 1-5% of your disposable income.
  • Use Betting/Loss Limits: You can build on you can used tools available at major online sportsbooks to make your budgeting stricter. Betting limits put a hard ceiling on what can be wagered on a single bet or session, while loss limits prevent you from losing more than you can afford.
  • Time Management: Only gamble for a certain amount of time, and be ready to walk away and take breaks. Many sportsbooks offer time limits on how long you can stay signed in on their website or app or 'cool-off' periods that allow users to take a break for a specific amount of time.
  • Use Tracking Tools: Use sportsbooks' tracking tools to monitor your wins and losses carefully. This will help you assess how gambling is affecting you and let you know if your betting is beginning to get out of control. Sometimes, it's possible to have a warped perception of your betting activity, and it makes sense to look at some objective data.
  • Commit to Self-Exclusion if Necessary: If you see signs of problematic behavior in yourself, take advantage of the option to put yourself on a self-exclusion list. This will prevent you from accessing betting operators when your gambling has become a problem.

Conclusion

Responsible betting requires informed decisions, good bankroll management, and staying current with the sport and the betting landscape.

No matter how closely you monitor NBA trends or how sound your analysis seems, it's crucial to always consider gambling a form of entertainment rather than a reliable income stream.

There are no guarantees in the world of NBA betting, but you can put yourself in a better position to succeed if you research and stick to responsible gambling principles.

References

Sources
Page Revisions
Statistica
Most preferred sports to bet on in the United States as of July 2023
https://www.statista.com/statistics/1187252/sports-americans-would-bet-on/
StatMuse
Denver's Record with Nikola Jokic
https://www.statmuse.com/nba/ask/denver-record-without-jokic
Basketball-Reference
Giannis Antetokounmpo Career Splits
https://www.basketball-reference.com/players/a/antetgi01/splits/
Current (January 07, 2025)
Current
Written By
Nick Ashbourne
Checked By
Sol Fayerman-Hansen

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