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Does Bookies Provide the Best NBA Odds for Each Game?
NBA betting is one of the most popular forms of online sports betting, and understanding the odds is key. It’s the highest-scoring of the four major sports, the most star-driven league, and its postseason is the longest of any major league. There are dozens of ways to bet on the NBA that can be made on a given game from outrights to player props, and our odds table below will give you the best, most up-to-date, and diverse betting options each night.
At Bookies.com, you can be sure that you have access to the best odds for each game from the top sports betting sites in your state. Our unique odds table shows bettors the best point spreads for both the favorites and the underdogs, as well as the highest total for bettors wanting to take the under, and the lowest total for bettors wanting to bet the over.
There won’t be an enormous discrepancy across different sportsbooks, but as any bettor is well aware of, one-half point in a spread or a couple points on the over-under can make all the difference. You’ll also have access to NBA consensus data to show you where the money is going.
And if the spread or total is the same across the board? Our matrix can find you the best odds on those lines. For example, if the Boston Celtics are -5 against the Indiana Pacers across the board, one sportsbook may have that spread at -120 and another might have it at -110, meaning it costs $110 (-110) – instead of $120 (-120) – to win $100.
How to Read NBA Odds
A point spread is a bet on whether the favorite will win by a specific number of points or more, or whether the underdog will lose by a certain number of points or win the game outright. For example, if the Sacramento Kings are -6.5 against the Memphis Grizzlies (who would be +6.5), a bet on the Kings would pay out if they won by seven or more points. A bet on the Grizzlies would cash if Memphis were to lose by fewer than seven or win the game.
Most point spread bets cost between -100 and -115, meaning bettors need to place that amount of money to earn $100. A valuable tool at Bookies.com is our tracker of NBA teams against the spread. It helps you spot the best teams when making your NBA picks.
The moneyline is a bet on which team will win a game outright, which means more risk if picking an underdog but more reward as well.
For example, if LeBron James and the Los Angeles Lakers are heavy favorites against the Chicago Bulls, the Lakers would have a moneyline set at -400. That means bettors would need to place $400 down to win $100 if the Lakers won the game. Favorites are always minus odds in NBA betting odds.
Underdogs are plus-odds. In that same matchup, Chicago could be +350, meaning a $100 bet would earn $350 in profit if the Bulls were to upset the Lakers.
The over-under is concerned with the combined points of the two teams. A bettor places a bet on whether those combined points will be more (over) or less (under) than the total set by oddsmakers.
For example, if the over-under set Los Angeles Clippers-San Antonio Spurs is 224.5, the over pays out if the combined point total is 225 or more, with the under paying out on a combined point total of 224 or less. Most over-under bets cost between -100 and -120, meaning bettors need to place that amount of money to win $100. There are NBA over/under trends that develop over a season.
How Are NBA Odds Generated?
Oddsmakers consider a number of different statistical factors that make up the formula for a game’s moneyline, point spread, over-under total and even player props. Whatever numbers that algorithm spits out for a given game, however, is not the end-all, be-all. Oddsmakers can, and often will, tweak that number to favor one side or the other to make the point spread more favorable to potential bettors or to help balance the bets on that matchup.
There are also other factors oddsmakers will use that algorithms and numbers can’t necessarily account for: injuries and load management are more prevalent than ever in the NBA, and more players are being tagged as questionable and probable to play.
Oddsmakers must consider the likelihood of those players participating – or not – in a given game when setting their lines. While it may not matter when consider a role player’s status is up in the air, it certainly does for a star such as Giannis Antetokounmpo or LeBron James, who both can and most likely will shift the course of a game.
How Often Do NBA Odds Change?
When it comes to game odds, once a line is set by oddsmakers, it won’t change much prior to the start of the game. Oddsmakers may decide to shift the line a point or two to help balance the bets (if one side is being bet too heavily), but there won’t be any drastic swings unless a significant injury pops up.
But don’t be so quick to dismiss those small point swings. They can make all the difference for a bettor, which is why it’s critical to bookmark this page so you can see up-to-the-second changes in those lines. Our matrix makes sure you’re never behind with the best lines available so you can bet on NBA games with confidence.
Spreads and over-under totals will fluctuate in-game, however. Live spreads and over-unders will change based on how the game has gone up to that point and provide a new final spread or point total that bettors can wager on in-game. Live betting is one of the most exciting and fastest growing markets in online sports betting.
NBA futures odds, however, tend to fluctuate considerably during the course of a season. The Boston Celtics could start the season at +2000 to win the NBA title, jump to +800 on the heels of a huge winning streak and other teams struggling, and then slide back down to +1400 when the NBA playoffs start because other teams have surged. That’s why it is important to stay on top of futures markets and “buy” when the time is right.
When Are NBA Odds Released?
NBA championship odds are typically available the minute a season ends, straight through the next season’s NBA playoffs and NBA Finals. As we explained above, they can see some huge swings based on hot streaks, injuries, trades and more.
Odds for a game are released in two different timetables:
- If neither of the two teams scheduled to play the following day are playing previous day, lines for that game will be posted in the late afternoon, around 4 p.m. ET. For example, if the San Antonio Spurs are scheduled to play the Chicago Bulls on Wednesday, and neither team plays Tuesday, the spread, moneyline, and over-under will post on Tuesday afternoon. That could be delayed if there are outstanding injuries and key players are questionable, but odds will be posted the day before a game.
- If one of the teams does play the previous night, the lines will be posted either late into the evening or early the following morning, but still well ahead of game time. Make sure to bookmark our free picks and check it before making your bet to get our experts’ take as well as see the best odds available.
Types of Sports Bets Made From NBA Odds
An NBA point spread evens the playing field between a favorite and an underdog. A title contender is obviously going to beat a tanking team bound for the NBA Lottery. Betting the underdog to win is highly unlikely, and betting the favorite to win won’t yield much profit. Instead, a point spread balances the two teams, with the favorite needing to win by a certain amount of points for bettors to win the bet. An underdog simply needs to lose by a certain amount of points (or win outright) to win the bet.
An NBA moneyline is about as straightforward as it gets. Forget the point spread: All bettors are concerned with is the final score. On the one hand, betting the moneyline makes things easier for bettors because the favorite doesn’t need to cover and betting an underdog yields a higher payout. But odds are much longer for favorites when the moneyline is involved, and it’s more difficult for an underdog to outright win than it is for them to cover. They’re the underdog for a reason, and as it pertains to the NBA, the league is rather top-heavy. Major upsets aren’t all that common.
An NBA over-under is not concerned with which team wins the game or which team covers. Instead, the over-under is a wager on whether the combined point totals of the two teams will go over or under the total set by oddsmakers. Bettors take into account how good or bad each team’s offense and defense are, as well as how fast the two teams play.
NBA player prop bets are moneyline bets on a player’s performance during a game An example might be: Giannis Antetokounmpo point total over/under 30.5 points with odds of +150 for over and -125 for under. There are typically dozens of player props and team props (such as which team will have the most rebounds) available.
How the Latest NBA Odds Can Impact Your Betting Decision
You’ve heard of bad beats, situations in which bettors lose their bet on the final, occasionally meaningless, play of a game. It’s why it’s so important to find the absolute best value you can before placing a bet.
The difference between getting a team at +6 and +6.5 could be the difference between a push and a win if your team loses, 106-100. Similarly, that last-second 3-pointer in a blowout loss that pushes the point total to 234 might be a huge difference if you bet on the under at 233 instead of seeing it change to 235 closer to tip-off.
It matters, which is why we’ve placed such a heavy emphasis on it here, and why you should go to Bookies.com, shop the odds and check out our free expert NBA picks.