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.

Most Reviewed NBA Sportsbooks

FanDuel Sportsbook
FanDuel Bet $5 Get $200
Get bonus here
  • 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
Get bonus here
  • 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
Get bonus here
  • 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

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

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.

Show More