NBA Betting Lines – Best Basketball Odds 2023/24
With the 2023/24 season around the corner, we turn our heads to the NBA betting lines looking for value and who might be crowned the champion this year. The betting odds for the NBA Finals are out, with the Boston Celtics and reigning champions, the Golden State Warriors, favorites to win it. You can find the NBA betting odds for tonight for those players looking for the here and now. On top of that, we have the NBA MVP betting odds, a range of props, and NBA series odds.
The NBA Las Vegas odds for the season offer some of the most exciting betting markets you’ll find within North American sports. The NBA betting lines are similar to that which you’ll find for other major sports leagues, like the NHL And NFL. We will cover all the best odds and lines, so stay tuned. For now, let’s take a look at the NBA odds today.
NBA Betting Markets
The NBA betting odds in the table we provide below highlight the teams most likely to win the championship. We take our NBA Vegas odds from the very best online sportsbooks around. As well as that, we provide a range of picks and insights into the games that run throughout the Regular Season and into the postseason up to the NBA Finals. Below you’ll find a range of NBA basketball odds. The NBA odds were last updated on September 8, 2023:
|NBA Championship 2024|
|Los Angeles Lakers||+1200|
|Golden State Warriors||+1200|
|Los Angeles Clippers||+1800|
Check out the odds for the NBA MVP:
|MVP Winners Odds|
Here are the odds for the NBA Draft:
|NBA Draft 2023|
Here are the odds for the NBA All-Star Game:
|First Player To Be Draft 2024|
Here are the odds for the NBA Best Rookie:
|2024 NBA Rookie Of The Year|
How to Read NBA Odds
NBA betting odds in the tables on this page allow you to compare the various odds from the very best online bookmakers available to US players. We constantly update the odds and ensure we are following the right oddsmakers so that our readers get only the best odds each day. These sportsbook providers offer top money line odds, the best NBA lines, spreads, totals, futures, and the rest. For those that aren’t up to speed on the various markets, we’ll make sure by the end of this article, all NBA betting lines are explained.
NBA Point Spread Odds
The point spread is often just referred to as the spread and is represented by the number chosen by each sportsbook to encourage bettors to wager on the underdog and not just the favorite. This is the essence of spread betting, offering bettors the option to wager on something other than the favorite, especially popular during the NBA Playoffs.
For NBA spreads, the negative value means the team is favored by that figure. The positive figure in NBA spreads indicates the lead given to the underdog before the game begins. Let’s take a look at the example below for a clearer explanation.
If the negative value is -7.5 and the positive is +7.5, it means that the team favored to win must do so by at least 8 points to cover the spread. The underdog team can lose by seven points or win to cover the spread.
Bettors will often see Vegas NBA odds attached to the spread. Here are some examples of this:
- – 7.5 (-110)
- + 7.5 (-110)
In order to make a profit at odds of -110, the bettors would have to place a wager of $110, which would payout at $100. These odds aren’t favorable, but you’ll see a range of odds at the spread value.
NBA Moneyline Odds
The most common form of betting line in the US, it’s common in NHL, NFL, MLS, and many other major sports leagues. One of the most common bets in moneyline odds is to wager on the underdog. This means that you would wager on the NBA team that’s least likely to win the game, commonly highlighted with a + symbol before a number—something like +180.
Let’s set up an example of what bets might look like; so if you want to bet on a favorite on the moneyline at -200, you would wager $200 to win $100. Betting on the underdog you would risk much less money in order to win a $100+ payout.
NBA Over-Under Odds
The Over-Under is unlikely to be something new to bettors, as it’s one of the most common NBA basketball betting lines alongside the moneyline. Oddsmakers will set a number by estimating how many points they feel will be scored in an NBA game by both teams combined, or for just a single side. The number will be the figure at which bettors will stake on as to decide whether the total will go above or below this figure.
An example of this might be if the oddsmakers set the total at 204.5 and the bettor wagers on it to go over. This would mean the combined total would have to be 205 or more in order for the wager to payout. Equally, if the bettor bets on the under, the total would have to be 204 or below for the bet to payout.
NBA Futures Odds
Futures markets are an excellent way for bettors to get in on the action, but without having to follow each game and the teams’ performances with too much interest. Basketball fans are able to bet long in advance of the significant NBA events, the likes of the outright winners, MVP, Rookie of the Year, and many more.
Timing is key when it comes to futures, as you have to try to recognize when it’s the right time to place a wager. What we mean by this is if you’re looking to bet on the Dallas Mavericks to win the title, they are unlikely to start the season out with anything but outsiders’ odds. However, if they reach the postseason and begin to show excellent form, then the Las Vegas NBA odds will change unfavorably. So, if you know the bet you want to make, make it when the odds are favorable.