How to Bet Responsibly on the NBA

10 min read
Dec 27, 2023, 6:42 PM
Author
Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Fact checked by:
Paruyr Shahbazyan
Paruyr Shahbazyan
Founder
Last Updated: Jan 20, 2025, 2:36 AM

Betting on Basketball

NBA betting is a staple of North American sports betting. 

The league is global and has a seemingly never-ending schedule that includes the regular season, playoffs, NBA Cup, and NBA Finals. As a result, there are always plenty of basketball betting options available year-round.

In order to understand those wager opportunities, it's critical to understand some of the basics of betting, such as how odds are displayed and what vig is. It's also helpful to be armed with a few tips for NBA betting and responsible gambling.

That's what this guide is designed to give you.

Want to listen to this guide on Spotify? Check out the episode and follow for more.

How to Make an NBA Bet Step-by-Step

  1. Evaluate and select an online sportsbook after reading through real user reviews. Reading real user reviews will give you a sense of what you can expect from the legal sportsbooks available in your state.
  2. Register an account. To verify your eligibility, fill in the required personal details, such as name, email, and age. You'll also need to provide proof of age (21 and above in most U.S. states sports betting regulations).
  3. Fund your account. Deposit methods include credit/debit cards, e-wallets, bank transfers, and prepaid cards. Choose what works best for you.
  4. Go to the sportsbook's NBA section. You may have to find it under a tab labeled 'basketball' that includes markets for NCAA games and professional leagues from around the world.
  5. Browse the available NBA games and markets. You can bet on match results, total goals, live in-play odds, and more.
  6. Choose the NBA game and market you want to bet on. Click on the odds to add to your bet slip. It should pop up automatically when you click the NBA odds you wish to bet.
  7. Check your bet slip to make sure everything is correct. Confirm your bet by clicking "Bet."

Most Reviewed Basketball Sportsbooks

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ON
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Details

How to Read NBA Odds

Odds formats vary by region; here are the three you are likely to encounter in NBA betting:

American Odds Format

Used in the US, American odds have a negative (-) for favorites and a positive (+) for underdogs.

An example NBA game:

  • Miami Heat: -220
  • Charlotte Hornets: +180

Here, the Heat at -220 are the favorites, so a $220 bet will win $100 in profit. The Hornets, at +180, will pay $180 in profit for a $100 bet. This is the sportsbook’s commission or juice.

Decimal Odds Format

Used in Canada, Europe, and Australia, decimal odds show the total return for each dollar bet.

An example NBA game:

  • Golden State Warriors: 2.80
  • Cleveland Cavaliers: 1.45

A $100 bet on the Warriors would return $280, $180 profit. A $100 bet on the Cavaliers would return $145, $45 profit.

Fractional Odds Format

Used in the UK and Ireland, fractional odds show the profit relative to the stake.

An example NBA game:

  • Chicago Bulls: 9/4
  • Dallas Mavericks: 4/7

Betting $4 on the Bulls would return $9 in profit, a total return of $13. A $7 bet on the Mavericks would return $4 in profit, a total return of $11. This format shows the underdogs and favorites by the returns on bets.

Understanding the 'Vig' in NBA Betting Markets

Vigorish, also known as vig or juice, is the built-in margin an online sportsbook uses to profit regardless of an event's outcome.

For example, in a standard point spread bet with -110 on both sides, a $100 bet would return $90.91 on the winning side.

This allows sportsbooks to make a profit as long as the action is relatively balanced on both sides, even if the outcomes cancel each other out.

Bettors are advised to compare various sportsbooks before placing wagers to find the best odds. The differences may be small on a per-bet basis, but they can be significant over time.

Common NBA Bet Types

  • Moneyline: A straight-up bet on which team will win the basketball game outright, no matter the score.
  • Point Spread: A point spread bet is a wager on the margin of victory where the favorite must win by a certain number of points, and the underdog can lose by that many or win outright to cover.
  • Over/Under (Totals): Bet on whether the total score of both teams will be over or under the number a sportsbook sets.
  • Parlays: Multiple bets combine into one for a bigger payout, but all legs must win for the bet to cash. Same-game parlays that combine outcomes from a single event are a popular example of this bet type.
  • Prop Bets (Player/Team Props): Bets on specific events or performances, like how many points a player will score or which team will be up at halftime.
  • Futures: Long-term bets on outcomes like which team will win the NBA Championship or which player will win MVP, with a payout based on odds at the time of the bet.

Live In-Play Betting on NBA Games

Most sportsbooks offer the ability to bet on NBA games in real time.

To do this, bettors need to watch games closely and understand the dynamics and changes that occur during them. Team dynamics, player fatigue, and strategic adjustments are key to making smart bets as the game unfolds.

As an NBA game plays out, live wagering odds are updated.

These changes are calculated by complex models that take into account scoring runs, defensive strategies, and significant player performances or injuries. Bettors who follow the game and can read the tea leaves will gain by finding value bets.

Responsible Gambling Tip
While rapidly changing odds can create chances to find value, they can also cause you to strain your budget. It's important to stick to your broader responsible betting strategy even if the new odds that arise during games seem to present exciting opportunities.

NBA Betting Principles

The NBA season is long, with over 1,200 regular-season games and the playoffs. This volume presents opportunities and risks for bettors.

Here are some principles to keep in mind for any NBA betting you do:

Research Player Trends

NBA player performances can vary greatly due to many factors—injuries, rest days, team rotations, etc.

Make sure to stay up to date on player status and how different lineups perform together. Don’t bet on superstar players or teams without checking injury reports and understanding their statistical performance in recent games.

For example, if you were betting on Luka Doncic's points per game prop, you might tempted to look at his season-long average. That is a good resource, but it's also important to pay attention to recent trends. During the 2023-24 season, the NBA scoring leader saw his points per game averages fluctuate greatly by month.

MonthPoints Per Game

October

39.0

November

29.4

December

37.5

January

37.1

February

33.4

March

33.0

April

32.5

Know your Head-to-Head Matchups

Sometimes, a player or team performs significantly better or worse than normal against a particular opponent.

In some cases, this is just a matter of small samples generating anomalous results, but it can also happen because an opponent has a particular weakness that can be exploited or a strength that is difficult to overcome.

Let's look at Nikola Jokic's MVP 2023-24 season as an example. Below is a summary of his scoring and rebounding against all of his divisional opponents:

Nikola Jokic Results vs. Divisional Opponents

Information like this is good to know next time you're considering betting on Jokic's prop markets when he's facing one of these teams.

Take Back-to-Back Games into Account

NBA teams play consecutive games with little rest, which can greatly affect player performance and game outcomes. Teams on a back-to-back are more likely to underperform.

Factor this into your betting strategy, and don’t overestimate a team’s performance during a busy schedule. During the 2023-24 NBA season, only one-third of the league's teams had a record above .500 in back-to-back games.

Use Analytics and Advanced Stats

The NBA has a treasure trove of advanced stats, such as PER (Player Efficiency Rating), defensive ratings, and true shooting percentages.

These can give you a deeper look into how a team or player is performing beyond the basic stats like points and rebounds. Use this data to make more informed decisions instead of relying on gut feelings.

You can find a great deal of player and team data on NBA.com's stats page, and if you want to take the research for your NBA bets to another level, it's worth considering a subscription to Cleaning the Glass.

An advanced statistic worth monitoring is usage percentage (USG%), which NBA.com defines as 'The percentage of team plays used by a player when they are on the floor.' If a player's USG% increases over time, it's a good indication that their role in their team's offense is growing, and bets on their prop markets might become more attractive.

For instance, during his rookie season, Victor Wembanyama averaged 18.9 points per game in his first three months, with his USG% ranging between 29.1% and 30.3% each month. In January, his USG% jumped to 37.1%, and he scored 24 points per game that month.

Responsible NBA Betting

It's important to be responsible when betting on NBA basketball.

Below are some keys to keeping your betting under control and ensuring it remains an enjoyable hobby that doesn't damage your life.

  • There are No Sure Bets: No bet is a sure thing, even in the NBA. Underdogs beat favorites all the time, especially during the regular season. Betting big on heavy favorites to get small wins can lead to big losses over time if just one result goes against your expectations.
  • Don't Bet on Emotion: Whether you’re a die-hard fan of an elite team like the Boston Celtics or you love to see underdog teams win, you must keep emotion out of betting. Betting on your favorite team to win every game is not a sustainable or responsible strategy. Look at the data and be willing to bet against your favorite team if that’s where the value is.
  • Set a Budget: Betting on the NBA can be fun, with games to wager on daily during the season. Always set a budget before the season starts or before individual games. Never bet more than you can afford to lose, and don’t chase losses by increasing your stakes. Stick to your budget. Set limits based on what you can afford, not what you think you can win.
  • Seek Help if You Need It: There is no shame in seeking out the problem gambling resources available to you if you feel your betting gets out of control.

Conclusion: Betting on Basketball

NBA wagering offers an avenue for bettors to engage with one of the most dynamic leagues in the world. 

Understanding the basics, bet types, and strategies can significantly enhance your betting experience.

Below are the key takeaways from this guide:

Key Insights

Understanding NBA Betting Basics:

  • Learn how odds formats (American, Decimal, Fractional) work and familiarize yourself with key concepts like the vig.
  • Explore the step-by-step process of placing NBA bets, from selecting a sportsbook to confirming your wager.
  • Common bet types include moneylines, point spreads, totals, parlays, props, and futures.
  • Live in-play betting offers dynamic opportunities but requires close game observation and quick decisions.

Tips for Successful NBA Betting:

  • Research player trends, head-to-head matchups, and the impact of back-to-back games.
  • Utilize advanced stats and monitor player usage rates to identify value in prop markets.
  • Keep emotion out of betting and always adhere to a budget to ensure responsible gambling.

Final Thoughts

From mastering odds formats to leveraging analytics, this guide equips you with the tools to make informed basketball wagers. Always remember that responsible betting practices ensure your NBA betting experience remains a positive one.

FAQs

How to Bet on the NBA

How Does NBA Sports Betting Work?

NBA sports betting allows you to place bets on various outcomes within basketball games. Common bets include point spreads, moneylines, and totals. Point spreads indicate the predicted score difference between teams, while moneyline shows the odds for a team to win outright. Totals involve predicting whether the combined score will be above or below a set number.

A Comprehensive Guide for US Sports Bettors

Is it Legal to Bet on NBA Games In the US?

The legality of NBA sports betting varies from one state to another. Some states have legalized and regulated sports betting, allowing licensed operators to offer services. So, it's crucial to check local laws to ensure compliance. Use reputable and legal sportsbooks to provide a fair and secure betting environment.

What are Player Prop Bets in NBA Sports Betting?

Player prop bets focus on individual player performances rather than the overall outcome of the game. Examples include predicting the number of points, rebounds, or assists a specific player will achieve.

Understanding NBA Odds: An Overview of Different Formats

How Do Odds Work in NBA Sports Betting?

In NBA sports betting, odds are presented in different formats, such as fractional, decimal, or moneyline. Understanding odds is crucial for calculating potential winnings. For example, +200 odds mean a $100 bet could win $200, while -150 odds indicate that a bet of $150 is needed to win $100.

Live In-Play Betting on NBA Games

Can I Bet on Live NBA Games?

Yes, live betting on NBA games allows you to place bets during the game. Based on the game's progress, odds and available markets can change in real-time. This dynamic betting style often demands that you make quick decisions. 

Strategies for Successful NBA Betting

Are there Strategies to Improve NBA Sports Betting Success?

Successful NBA sports betting often involves research and staying informed about team news, injuries, and performance trends. Managing your bankroll wisely, diversifying bets, and avoiding emotional decisions are also essential. Additionally, you can develop a systematic approach through statistical analysis and stay disciplined when betting on NBA games.

References

Sources
Page Revisions
Basketball-Reference
Luka Doncic 2023-24 Splits
https://www.basketball-reference.com/players/d/doncilu01/splits/2024
Basketball-Reference
Nikola Jokic 2023-24 Splits
https://www.basketball-reference.com/players/j/jokicni01/splits/2024
NBA.com
Official NBA Stats
https://www.nba.com/stats
Basketball-Reference
Victor Wembanyama 2023-24 Splits
https://www.basketball-reference.com/players/w/wembavi01/gamelog/2024
Current (January 02, 2025)
Current
Written By
Nick Ashbourne
Checked By
Sol Fayerman-Hansen
<p>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.</p><p>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.</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.

Sol Fayerman-Hansen
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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