In almost all basketball games there will be a favourite and an underdog. Spreads are one way to even the playing field and make betting more fair, but if you want to make a straight wager on which team will win a game then the spreads go out the window and odds are used to make the best fair.
How to Bet NBA & College Basketball - Basketball Betting Explained Single Bet (or Side) The single bet option is done with a point spread. Sports books determine a favorite and an underdog, then assigns each one with a point total. When it comes to the betting sites which boast wagering on NBA, gambling enthusiasts need to know that the odds format they are most likely to encounter is moneyline. It is essential to remember that the value of the odds can be positive or negative and that their value cannot be less than 100. NBA Championship Futures Odds Explained From the moment that the NBA championship from the previous year is won, NBA Championship futures odds for the upcoming season are formed. These odds are formed on the teams betting lines to win the championship. The final number you’ll see in a NBA odds listing is the over/under or total for that game. Again, to prevent a push, this number will usually be expressed as a fraction or decimal and not as a whole number. The over/under is a projection of the total number of points that will be scored in the game by both teams. NBA Playoff odds show which teams are most likely to secure one of their conferences playoff berths. The Eastern Conference has, for a long time, been considered to be the weaker of the two conferences and this can be shown in the records for teams entering the playoffs.
If you are betting on an underdog, you will win more from a $10 bet than if you bet on the favourite. Sports betting odds are usually quoted in three different forms. These include American odds, decimal odds and fractional odds.
American Odds (aka Moneyline Odds)
Moneyline odds are primarily used by American sportsbooks and for this reason they are often called American odds. In this format the odds are stated using either a positive or negative number higher than +100 or lower than -100. A positive number indicates the underdog and states how much money you will win from a $100 wager. For example, if the odds state Toronto Raptors +125, this means that you would win $125 from a $100 wager on the Raptors. A negative number indicates the favourite and states how much you must wager in order to receive a $100 payout. For example, if the odds state Cleveland Cavaliers -150, this means that you must wager $150 in order to win $100.
Nba Odds Explained
Decimal Odds
Decimal odds represent your total payout for any wager (your winnings and wager are combined). Decimal odds are very easy to understand, the higher the number the less likely the outcome will occur and the more money you would receive if it does. Continuing with the above example, the decimal odds equivalent of +125 would be 2.25. So for every $1 that you bet on the Raptors you would receive $2.25 back if they won. Similarly, the Cavs odds would be 1.67 using the decimal odds system.
Nba Betting Odds Explained
Fractional Odds
Nba Odds Betting Explained
Nba Scores
Fractional odds are very similar to decimal odds except that they are shown as a fraction (eg 3/2) instead of a decimal and they represent the amount you will win instead of your total payout. Continuing with the example, the Raptors odds would be 5/4 and the Cavaliers fractional odds would be 2/3.