Vegas Odds Nba Futures
- Updated Fri, Nov. 6, 8:30 AM ET - Consensus Odds Provided by VI - Subject to Change. While betting on the U.S. Election or any Political race isn’t legal in the United States, these betting markets could be available in 2024, some guessing 2028 at the very latest.
- With the 2020-21 NBA all-star break on the horizon, the Los Angeles Lakers’ LeBron James continues to be the leader in the clubhouse in 2021 NBA Most Valuable Player odds. According to the best basketball betting sites, LeBron James of the reigning NBA champion Los Angeles Lakers is the betting favorite at +130 to win the fifth NBA MVP.
- Where to Bet:
How to read NBA Las Vegas Odds
To read NBA odds, you need to know what a betting line is. An NBA betting line is a figure set by oddsmakers that try to offer reasonable odds for both sides of the outcome of an NBA game. The three main betting lines oddsmakers set for every game are for a point spread, a total, and the moneyline.
The point-spread was developed to provide a balance for both teams involved in a contest to attract bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as vig or what many in the sports betting industry call vigorish. Another common term is called juice and its technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $91.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NBA Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state of Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NBA bets.
Another number thats posted on the NBA Las Vegas is the total or over/under for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NBA Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NBA Open Line
One of the best features on the NBA Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If youre betting on the NBA or any other sport, its a great idea to view the open line first.
VI Consensus NBA Line
The VegasInsider.com Consensus NBA Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a Median Line since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
Betting on NBA Games
Where can I bet on NBA games?
There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on the NBA.
Who are the experts picking to win?
Our experts offer picks on all the big NBA games. Check out our 2020 NBA Playoff Predictions or our NBA game picks to see what our handicappers are saying.
What type of bets can I make on NBA games?
Betting the point spread, straight up winner, and over/under point total are the three popular NBA bets. Sportsbooks also first half lines, live betting, and other betting angles.
Who's the favorite to win the NBA Championship?
For odds on where teams will finish in the NBA Playoffs, check out our NBA Futures page.
Can you place parlay bets on NBA games?
Most sportsbooks will allow you to parlay your baskteball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be.
NBA POINT SPREADS EXPLAINED:
The point spread – commonly referred to as “the spread” – is the number assigned by the sportsbooks to represent the point difference between two teams for betting purposes. The goal of the spread is not to project how many points that a certain team is going to win by. Instead, the point spread is meant to create a situation where half the wagers that come in on a game are on one team while the other half are on the other. (This is called “balanced action”).
The team with the negative number is considered the favorite. (Example: -7.5) The team with the positive number is considered the underdog or “dog”. (Example: +7.5)
The team that is the favorite needs to win the game by more than the assigned point spread value in order to cash the ticket. For example, if the Boston Celtics are -3.5 against the New York Knicks they need to win by four or more points to beat the point spread. Conversely, a bettor taking the underdog Knicks in this example needs New York to either win outright or lose by three or fewer points.
NBA MONEYLINE EXPLAINED:
A moneyline wager in an NBA game is a bet on which team will win the game outright, independent of the point spread.
The favorite in a game has a negative moneyline (example: -160). The underdog has a positive moneyline (example: +125). The odds represent the payouts on a $100 wager. So for a favorite at -160 the bettor would wager $160 to win $100. For an underdog at +125 the bettor would wager $100 to win $125.
Again, moneyline bettors are simply trying to pick which team will win the game. The moneyline is the agreed upon payout of the wager.
NBA TOTALS or OVER/UNDER EXPLAINED
NBA totals are a bet on the total combined number of points that both teams will score in a given game.
You can bet totals ‘over’ or ‘under’. If you are betting ‘over’ then you are betting that the combined number of points from the teams will exceed the posted total. If the posted total is 205.5 and you bet ‘over’ then you wagering that 206 or more combined points will be scored. If you are betting ‘under’ 205.5 then you are hoping for 205 or fewer combined points to be scored.
All points scored in overtime count towards the totals wager. If the total number of points scored ends up being exactly the same as the posted total (for instance a 104-100 game with a total of 204.0) it is considered a ‘push’ (a tie) and the bet is refunded.
NBA FUTURES EXPLAINED:
NBA futures are wagers on eventual results regarding certain teams. For example, a NBA championship futures wager is a bet on which team will win the NBA title in June. Other types of NBA futures wagers can involve the number of wins that a team achieves during the season, betting on which team wins their specific division, or betting on which team will win the conference title.
The odds on NBA futures wagers are generally expressed similar to a moneyline. For example, the Bulls could be posted at +1800 to win the NBA championship. That means that a $100 wager would yield $1,800 if Chicago won the NBA championship.
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