Gaming Odds
This is a simple wager on which team will win a particular game. Odds compilers will weigh up the relative strengths and weaknesses of each team, factoring in head-to-head records, injuries. American Odds are the default odds at American sportsbooks. These odds are based on winning $100 for a given bet. Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite. 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. One of the best features on the NBA Vegas Odds is the Open Line. Online & Vegas sports betting odds & lines, betting news & picks for 2021. Covers the most trusted source of sports betting information since 1995. Visit the premier Las Vegas portal, featuring the most up-to-date and in-depth guide to Las Vegas gambling and betting including the current betting lines for all major sporting events.
One of the most important things about placing a legal online sports bet is understanding sports betting odds. Betting is more than just placing a bet on your favorite team. There are a variety of bet types available to US bettors, including moneyline, point spread, totals, and parlays. Each of these bet types has its own odds.
Top sportsbook apps, like DraftKings Sportsbook and FanDuel Sportsbook each employ linemakers, tasked with setting the in-house odds and lines for all games. The odds are based on the facts and circumstances surrounding the team, who they are playing, and a variety of other factors.
Types Of Bets Available At Online Sportsbooks
Straight Bets
Gaming Odds Las Vegas
Moneyline
Moneyline bets represent the most straightforward kind of sports wager. This kind of wager tasks the bettor with simply picking the winning team in a sports contest.
Over/Under
Over/Under, aka totals bets, allow bettors to wager on the total number of points scored in a game.
Point Spread
The most popular bets at most sportsbooks are point spread bets. These bets allow the bettor to choose the underdog plus points, or the favorite minus points. Instead of significantly better odds on the underdog, the point spread allows sportsbooks to set the favorite and underdog at relatively even odds.
Futures Bets
A futures bet generally functions as a wager on a season-long event, rather than a single game. An example of a futures bet might be a wager on what team will win the Super Bowl, or what player will win the NFL rushing title.
A futures bet can be made at any time before or during a sports league’s season, up until the specified event occurs.
- Where to Bet:
How to read NBA Las Vegas Odds
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 it’s 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 that’s 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 you’re betting on the NBA or any other sport, it’s 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.