Learning how to read NBA betting odds is a key aspect of NBA betting. Not only are you better equipped with valuable information, but the overall success of your NBA betting online could very well be determined by this. Generally, NBA sports betting odds are written in one of three formats – these are American, Decimal, or Fractional.
In this article, we’ll explain how American betting odds work, as this is typically used across Canada and the United States. Online NBA betting odds tell you how much you can win or lose, and these are what you should pay attention to while betting on NBA games online.
In simple terms, an NBA betting market (or type) describes the kind of bet you can place to predict the outcome of an NBA game. You can bet on a team to win a game, you can bet on a team to lead at half-time, and lots more. At Slots City, you’ll find the most popular types of NBA betting lines and markets. Here’s a look at some:
Parlay bets are bets that you can make on the outcome of multiple events. They are sometimes called accumulator bets and can be used to combine outcomes in one game or spread over multiple games. The odds of two or more events in a parlay bet are tied together and are worth a bigger payout on the same stake.
When betting on NBA parlays, you get your payout only if you win all the events on the slip. There’s no prize for getting two out of three events correct. So let’s say you wish to bet on the Lakers winning and still make a bet on the total score being under 150 points, the Lakers have to win, and the overall total points must be less than 150 to receive a payout.
You can also place parlays on multiple games, which allows you to combine the outcomes on two separate games. The likelihood of winning a parlay bet is low, so the payouts are much larger than a single event wager on the same stake.
Unlike other kinds of NBA online betting markets, a prop (or proposition) bet can be made on things other than the game results. These include player props (wagering on specific players) or betting on activities within the games. An NBA player prop bet can range from who will have the most blocks to who will score and by how many points.
Our NBA Betting Canada platform offers punters a chance to make player prop bets on most games during the season. Prop bets at most NBA betting sites are structured as over/under. For example, Slots City could set LeBron’s point total for a game at 22.5, with over/under at -110.
A Moneyline bet is among the most popular type of market on most NBA betting websites. It’s also perhaps the most straightforward NBA finals betting odds to understand. When you make a moneyline bet, you’re betting on a winning team outrightly. In this case, the NBA finals betting line or margin of victory does not affect the outcome of your bet.
Since moneyline betting is a straightforward win-or-lose bet, the odds also bring a straightforward outcome. For example, an NBA playoffs betting game between the Celtics and Golden State features odds of +150 on Celtics and -100 on Golden State. If you make a moneyline bet of C$100 on the Celtics, the expected win will be C$150, and the total payout will be C$250. On the other hand, to win a C$100 bet on Golden State at -100, you need to wager C$100.
Over/under betting (also called totals) is another straightforward bet to make in the NBA. You simply place a bet on the total points that will be scored in, for instance, an NBA playoff betting game. Setting the total points in this game at 220.5 implies that for an overbet to win, the combined final score must surpass 220.5 points. Similarly, to win the underbet, the combined final score in the game had to be less than 220.5 points.
You may have noticed that total points are usually set at half-points. This is done to avoid the possibility of having a push or tie. You should note also that the payouts for the over and under are not always the same. Most sportsbooks will sometimes offer better odds to get more players betting on the less popular side.
In basketball, if there’s a tie at the end of regulation play, multiple five-minute overtime periods will be played until a winner emerges. The 60-minute line is a bet that disregards any outcome achieved during overtime. Players who make the 60-minute bet are betting on the outcome of an NBA game at the end of regulation time.
NBA live betting offers bettors a chance to immerse themselves in the live action of an NBA game in real time. For example, in pre-match betting, you can bet on many of the same markets, such as over/under, player props, and moneyline. The key difference is that in live betting, you may need to apply some NBA betting strategy to have a better chance of winning. At Slots City, our NBA live betting section is a thrilling experience for users. Try not to miss out on NBA betting tonight with our lineup of exciting games.
When it comes to NBA betting, choosing a reputable NBA betting site is the first hurdle you must cross. Slots City offers you a chance to bet on all NBA games, including the betting odds on NBA finals. Our step-by-step guide below will help you get started:
There are a ton of NBA terms covering everything from bets to gameplay. In the table below, we’ll list some of the main terms you need to know and briefly describe them.
|
Terms |
Description |
| Point Spread | Levels the playing field by adjusting odds |
| Parlay | Multiple bets on different events |
| Market | The selection of NBA betting events |
| Totals | A bet on the combined points total at the end of a game. |
| Margin | The number of points separating the teams |
Before you start placing your bets on your favorite NBA games, you should have some strategies. Here are our top tips:
Implementing an NBA betting strategy will offer you the chance to approach your betting professionally. It isn’t just enough to back your favourite team, you must ensure you’ve made the best bet from a rational perspective.
