NBA Odds and Betting Lines

If you’re looking for NBA odds for the 2024-25 season, you’ve come to the right place. We’ve compiled an in-depth look at all of the most popular NBA betting markets, odds, the best NBA betting sites and more, so you can get some skin in on the game of this year’s action.

The 2024-25 NBA season officially tips-off on October 22nd. There’s no shortage of NBA bets to place this season, from Toronto Raptors bets, betting the Over/Under on Steph Curry’s threes, and even Bronny James’ long shot odds to win Rookie of the Year.

NBA Futures Odds

Looking for NBA best bets? Futures bets allow NBA bettors to place wagers on the final outcome of various events throughout the season such as NBA Award winners, league leaders, and the eventual NBA Champions.

Here are some of the most popular NBA future odds below.

NBA MVP Odds: Predict the Best Player

There’s an abundance of talent throughout the current NBA landscape, making NBA awards betting an attractive betting market. From the MVP to Rookie of the Year odds, NBA awards betting allows you to place wagers on which player you think will take home an end of the year honour. Simply find the award you want to bet on and select the player you think will take home the hardware come the end of the regular season.

These bets can be extremely profitable if you are able to place your wager before a player emerges as a definite favourite to claim an award. If you think you have expert knowledge of the NBA, awards betting could be for you.

Player	NBA Odds from Betway
Nikola Jokic	+175
Shai Gilgeous-Alexander	+300
Jayson Tatum	+500
Luka Doncic	+1200
Anthony Edwards	+1200

NBA Rookie of the Year Odds: Predict the Best Rookie

Victor Wembanyama came away with Rookie of the Year honours last season. Think you know which kid will impress the most this season? Don’t miss out on this futures betting market with an NBA Rookie of the Year wager.

Player	NBA Odds from Sports Interaction
Jared McCain	-169
Zaccharie Risacher	+1600
Zach Edey	+3000
Alexandre Sarr	+3500
Carlton Carrington	+6600

NBA Draft Odds

The NBA Draft is always very exciting. Not because of the broad range of betting markets available, but because bettors can witness the beginning of future stars’ journey into the NBA. We cover the odds and provide information for the picks each year.

Some of the most common betting markets at the NBA Draft include the over/unders on where specific players will be selected. This is a fun way to spice up draft night as you try to predict the way everything shakes out

NBA All-Star Odds

The NBA All-Star game weekend is always a huge draw for the basketball community, as it showcases the very best players and their skills in one action-packed weekend. The All-Star weekend isn’t just one game, it features a great range of skills games and mini competitions.

Bet on who you think is going to win the Dunk Contest, or which sharpshooter is going to take home the 3-PT shooting title. There’s plenty of action to be had during NBA All-Star Weekend, and placing a bet on any of these events is like the cherry on top. 

NBA Game Betting Lines

There are a number of other popular ways to bet on NBA odds this season. Each of these NBA betting lines have their own winning criteria and hold varying odds depending on the matchup.

NBA Moneylines: Pick the Game Winner

Moneylines are a great starting point for any sports bettor. A moneyline bet is simply picking which team you think will win the game outright.

Each side will hold their own unique odds, with one side being the favoured team, while the other as the underdog team. The favourite is displayed using a minus sign (-), whereas the underdog will be shown with a plus sign (+).

The “-” signifies how much a bettor would need to wager in order for their bet to win them $100 profit. Inversely, the “+” sign demonstrates how much will be won in profit by wagering $100.

For example, if the Toronto Raptors are -120 favourites against the +100 underdog Brooklyn Nets, this means that a $120 wager on the Raptors would return a total of $220, with $100 of that being net profit. Inversely, if a bettor was to wager $100 on the Nets to win as underdogs, they would return $200 total, with $100 being the net profit.

NBA Point Spread Bets: Level the Playing Field

Expanding off of the moneyline, NBA point spread bets are a great way to level the playing field when it comes to your wagers. Instead of picking which side will win outright in the matchup, with point spread bets you can wager on the winning margin of the clash.

For example, if the Miami Heat are -4.5 point favourites against the Memphis Grizzlies at +4.5, this means that the Heat would need to win by five or more points in order to cover the spread. Inversely, if the Grizzlies can emerge as the outright winner, or lose within four or fewer points, they will have covered the spread.

Point spread bets are a terrific way to add extra value when betting on a favourite, as well as provide insurance while backing an the less-favoured team.

NBA Over/Under Betting: Predict the Total Score

Instead of focusing on winners and losers of a matchup, Over/Under betting (or point totals) allow you to wager on the final combined score of a game.

For example, if the Philadelphia 76ers are set to face the Los Angeles Lakers, the point total may be set at 220.5 points. If you think that the final combined score of the game will be 220 or less, you would be the Under. If you think that this will be a high-scoring affair that results in 221 or more points scored, you would bet the Over.

Wagering on the total points scored in a game can be a great strategic bet to make when two elite offensive teams are set to square off, or inversely, when two defensive squads face one another.

NBA Parlay: Combine Multiple Bets

NBA parlays allow bettors to combine multiple bets across several games such as moneyline, point spread, and Over/Unders. Players can receive increased odds for each additional bet selection added to their bet slip.

For example, say you were to place a parlay on the Golden State Warriors, Dallas Mavericks, and Denver Nuggets all to win their upcoming matchup. If only two of the three are successful your bet would lose. If all three squads emerge victorious, you would net a win based on all three moneyline picks combined odds.

While this could net you a massive payout if successful, NBA parlays can be difficult to win depending on the amount of legs you include as you will need to hit on each pick in order to win your wager.

NBA parlays aren’t just based around multiple games on the season schedule, bettors can also place a same game parlay on any upcoming showdown allowing you to create a customized ticket for a single game.

NBA Prop Bets: Bet on In-Game Performances

Prop bets allow for bettors to wager on specific odds and moments from within a game such as the first team to score, the final score to be odd or even, and everything in between.

While game props are a great way to bet on the NBA, player props are easily the most popular way to bet on the NBA. Player prop bets allow you to wager on the performances of the games top stars and bank on the output of your favourite NBA players.

For example, you can wager on LeBron James’ point total or who will score the first basket of the game. These bets can often hold incredible value and can add a new layer of excitement to your NBA wagers.

NBA Live Betting

Live betting allows NBA bettors to place wagers on a game as it unfolds. Live betting can be a great way to capitalize on a swing in momentum in real-time.

Live betting odds are constantly changing as the game progresses, with game lines such as moneyline odds growing or shrinking depending on the score, as well as point spread/total values shifting based on the current pace of play.

A great live betting strategy to utilize is by wagering on trailing favourites. If an underdog gets out to a hot start and it appears that the oddsmakers may have been wrong on where they placed their favour, don’t sweat it. Instead, sprinkle a wager on the trailing opening favoured team to comeback and win, often this can result in you netting superior odds then what was originally offered.

Reacting to lineup changes due to injury in real-time can also be advantageous, such as if a team’s top player exits the game.

Live Hedging: What’s It Good For?

Sports betting experts swear on their picks and rarely hedge once a game is live, but live lines can also be great for risk takers as well. If the Raptors go down by 10 points at halftime and the NBA scores point spread odds jump to +800 at -3.5, this changes the betting landscape for bettors. 

If you’ve already placed a bet on the team that Toronto is facing and want to save yourself some heartbreak, you can hedge with a live bet on the Raptors to win a small amount either way. There are hedging calculators available online that can help you determine how much you need to bet to ensure yourself the maximum amount of profit. 

NBA Betting Strategies

Now that you’re familiar with how to understand NBA odds, it’s time to dive into some of the best NBA betting strategies so you can begin to build up your bankroll. While there’s no way to win all of your NBA bets, the strategies listed below can certainly help you in deciding how you want to place your wagers, as well as how to find opportune betting lines.

Find Advantageous Matchups

Simply using your basketball knowledge is a great way to strategize your bets. Check out the official NBA games schedule and figure out some matchups. Break down a particular matchup by comparing each team’s roster, play style, and potential on-court matchups. This can help provide you with some insights into how the game may unfold.

For example, if Giannis Antetokounmpo and the Milwaukee Bucks are set to face the Washington Wizards, think about how this game should unfold. The Greek Freak is one of the most dominant paint-scorers the NBA has seen in years. Having him go up against the team that allowed the most points in the paint in the 2023-24 season may indicate the Over on his total points could be an advantageous bet to make.

This strategy doesn’t require much research, instead drawing from your knowledge of the game, and what you have seen so far this season. Sometimes it’s best to not overthink things, be sure to trust your gut and pull from your own expertise if you feel you have strong knowledge of the game.

Make sure you also follow the latest NBA news to help inform you bets.

Read & Understand Injury Reports

Make sure to check the latest injury reports for both teams prior to placing a bet on the action. Knowing who’s in, and who’s out of the game can make a major impact on both your bets, as well as the odds applied to the matchup.

For example, if the Oklahoma City Thunder are scheduled to compete this evening but superstar point guard, Shai Gilgeous-Alexander is set to be sidelined, the Thunder may struggle to produce without his production.

Another important thing to look into when reading an injury report is understanding the terminology. While “Out” is generally a safe indicator that a player will not be ready to suit up come tip-off, things can get tricky when dealing with “Day-to-day” and “Game-time decisions” designations. These injury report markers usually mean that a player has about a 50/50 chance of playing.

If key players are currently holding either of these designations, try to hold off on placing your wagers until more news is available so that you can make your bets with concrete information, rather than speculation. There’s nothing worse than banking on a standout player to help you win your next bet, only for them to be out of commission due to a sore back or a nagging ankle issue.

Follow Recent Performance Trends

Researching recent trends for both teams and players can be a great way to find opportune betting lines. Check out the recent performances of teams/players in their last three, five, or ten games. This can help you understand what to expect them to produce in their next appearance.

It’s also important to differentiate averages and trends. An average is the aggregate of a team/player output, whereas a trend is how many times a team/player has reached a certain statistical mark. Both can be used effectively to help develop your NBA bets; it’s purely a personal preference.

For example, if Minnesota Timberwolves guard, Anthony Edwards has a point total line set at 24.5 points in his next game you could look at his last five games to help decide whether you want to bet the Over or Under on this line.

Let’s say Edwards has scored 35, 21, 22, 23, and 28 points respectively in his last five games. This means he has only exceeded his projected total points twice in his last five games, but his point average throughout this timeframe would be 25.8 points per game.

While his point total trend would indicate that the Under is the best bet, his average points would indicate the Over is the advantageous wager to make. Experiment with both methods and see which works best for you, or err on the side of caution and avoid and contradicting trends, instead waiting to find bets that align both in terms of trends and recent averages.

Take Personal Betting Notes

Regardless of which betting strategy you use, at some point you are bound to run into a wall when it comes to a certain player or team. Keep personalized notes to help you keep track of teams and players who you are making winning bets on, or who you simply can’t score a win betting on. This can help you direct your attention to the betting markets that work best for you.

For example, let’s say you bet on the last three Phoenix Suns games. Each time you bet you picked a different betting market, backing the Suns to win twice and to lose once, each pick resulting in a losing wager. With the Suns giving you so much trouble, take note of this so that you know to avoid this team as you are having trouble finding a win when placing bets involving the team.

Blacklisting a team/player doesn’t need to last forever, but can certainly help you from falling into the same mistakes repeatedly, instead moving your attention to more profitable ventures.

Bankroll Management

Managing your bankroll is incredibly important in keeping your NBA betting habits safe and responsible.

A bankroll is the amount of money a bettor has designated to gamble with. This means that you should feel comfortable losing this amount if your wagers aren’t successful. A bankroll should never just be pulled from your bank account. Be sure to have this pot of money set aside and tracked in your sport betting account.

Managing a bankroll requires you to be on top of all your wagers placed. Having an honest and accurate total number of how much you have won or lost can help you decide how much you are able to wager, as well as if your current betting strategy is working for you or not.

Understand NBA Team Stats

With 30 teams currently playing in the NBA, it’s well worth browsing through our NBA Teams page, as you’ll find all the information regarding team performance, players, and much more!

Learn about which players are scoring machines, and which ones you’ll want to avoid in any same game parlays. It’s all about understanding who the stars and role players are for the most part, and our NBA teams page can help with that. 

Having a basic understanding of every NBA team is a good idea. You can also bet on the season-long performance of each team by accessing the popular season win totals betting market. 

Where to Place NBA Bets

You need to sign up with a sportsbook to place NBA bets. Check out our guide on all of the best NBA betting sites in Canada so you can find a trusted and reliable oddsmaker to take your action to this season.

Each of the best NBA sportsbooks have their own unique features, odds, and betting markets so it’s important to check out each of our in-depth reviews in order to find the betting site that’s right for you.

NBA Betting History

The NBA has come a long way since its inception in 1946 as the Basketball Association of America (BAA). Over the years, the league has seen its fair share of iconic moments, game-changing innovations, and transcendent players who have left an indelible mark on the sport. From the dominance of Bill Russell and the Boston Celtics in the 1960s to the Magic Johnson vs. Larry Bird rivalry that propelled the NBA to new heights in the 1980s, each era has contributed its own unique flavour to the league’s rich tapestry.

As the league grew in popularity, so did the interest in NBA betting. Fans wanted to be part of the action in more ways than just cheering for their favourite teams. The emergence of online basketball betting platforms provided a convenient and accessible avenue for fans to engage with the sport on a whole new level. NBA futures odds became a popular option, allowing fans to place bets on their predictions for the outcome of the entire season or specific milestones, such as conference champions or the coveted NBA championship itself. These NBA futures bets added an extra layer of excitement and anticipation, as fans eagerly watched their predictions unfold throughout the season.

In addition to NBA futures odds, fans now have a multitude of wagering options available to them on a daily basis. NBA odds today are readily accessible, allowing fans to bet on individual games with ease. From the classic point spreads and over/unders to the ever-popular moneylines, the range of NBA betting options continues to expand, catering to both casual fans and seasoned bettors alike.

NBA betting lines and NBA spreads are constantly evolving, responding to the latest developments in the league. Sportsbooks meticulously analyze team performance, player injuries, and other variables to adjust the betting lines accordingly, ensuring a fair playing field for bettors. Keeping a close eye on NBA lines and spreads provides invaluable insights into the perceived strength of teams and allows bettors to make informed decisions when placing their wagers.

For fans looking to embrace the convenience of the digital age, online basketball betting has become a go-to choice. The advent of online platforms has made it easier than ever to engage in NBA betting from the comfort of one’s own home. Whether it’s through dedicated sports betting websites or mobile apps, fans now have access to a world of NBA betting at their fingertips.

As we look to the future of the NBA and the ever-evolving landscape of sports betting, one thing is certain—the excitement and thrill of NBA betting will continue to grow. With new technologies, data analytics, and a constant influx of talented players, the NBA remains a captivating force that keeps fans on the edge of their seats. So whether you’re a die-hard fan looking to add an extra layer of excitement or a newcomer eager to explore the world of NBA betting, immerse yourself in the thrilling journey that is the NBA and enjoy every electrifying moment.

NBA Betting Odds FAQ

Check out our answers to some of the frequently asked questions about NBA betting odds.