This guide will steer you towards the best NBA odds from reputable, trustworthy online sportsbooks. We have rounded up the odds from elite sites such as BetOnline, XBet and Bovada to ensure you gain maximum value on your NBA bets.
If you are new to basketball betting, we will teach you how to read NBA odds. We will also break down your key betting options. Read on to discover the exciting opportunities that NBA odds provide.
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Comparing 2022-23 NBA Championship Winner Odds
The Golden State Warriors are the favorites to cement their dynasty with another NBA Championship next season. The Celtics and Bucks are also in the mix, while the odds on the Clippers have shortened after bringing in John Wall to play alongside fit-again Kawhi Leonard.
BetOnline and SportsBetting.ag are sister sites, owned by the same group, so they offer the same odds. XBet and MyBookie are also sister sites.
Latest NBA News and Rumors
How do NBA Odds Work?
NBA odds tell you two things: the profit you stand to earn if you place a successful bet, and the implied probability of it paying off. We have explained NBA odds in detail below, with clear examples to help you make sense of it all.
Explaining NBA Odds
The best online sportsbooks release odds on hundreds of markets within a single NBA game. The most common bet types are the point spread, the over/under total points line and the moneyline.
The oddsmakers start out by assessing how strong each team is. They focus on the teams’ recent results, head-to-heads, injuries, home advantage and other factors. That allows them to decide which team is the favorite and which team is the underdog. They release moneyline odds and a point spread odds accordingly.
The odds compilers continue to focus on the attributes of both teams and the individual players when devising their prop bets, total points lines and other wagering options. You may hear them referred to as NBA Vegas lines or Vegas odds NBA. That simply refers to the NBA odds released by land-based sportsbooks in Las Vegas, which tend to be very similar to the online sportsbooks’ NBA odds.
These NBA odds often change as a game draws closer. For example, if news breaks of an injury to an important player, his team will be less likely to win, and the sportsbooks adjust their NBA lines accordingly. Public sentiment also causes NBA odds to change.
How to Read NBA Lines
Most sportsbooks present NBA odds in the American format. That means they start with a plus or a minus. A plus tells you the profit available on a winning $100 wager. A minus tells you the amount of money you must lay down to win $100.
This is an example of an NBA moneyline:
- Golden State Warriors to beat Boston Celtics (-135)
- Boston Celtics to beat Golden State Warriors (+115)
This tells you that a bet of $135 would be required to earn a $100 profit if you think the Dubs will win. You get your bet amount – known as your stake – back on winning wagers, so your total return would be $235.
These NBA odds also tell you that a $100 bet on the Celtics would earn you a $115 profit if Boston won the game. As you get your stake back, your total return would be $215.
You can choose your preferred stake. For example, a $20 bet on the Warriors at -135 would net you a $14.81 profit. Meanwhile, a $20 bet on the Celtics at +115 would earn you a $23 profit. The larger profit available on the Celtics tells you that they are the underdogs, with a smaller implied probability of winning.
Types of NBA Odds Available
You can broadly divide your NBA betting options into pre-game odds, live betting odds, futures, and multiples such as parlays. Read on to learn more about the various bet types:
Game Odds
You will find more than 100 pre-game betting options on a particular NBA clash at the best gambling apps and sportsbook sites. These are the most popular markets:
Moneyline
A moneyline is a straightforward bet on which team will win a game. Most NBA bettors opt for the point spread as opposed to the moneyline, as it generally offers better value. However, the moneyline is a popular option when the teams are quite evenly matched.
In the example used below, the 76ers have a 53.5% implied probability of success. The Wizards have a 48.8% implied chance of winning. As such, you would earn a larger profit by betting on the Wizards.
Example:
Team Odds Philadelphia 76ers to win -115 Washington Wizards to win +105 Point Spread
This is the most common way to bet on a basketball game. The sportsbooks give the moneyline favorite – the team they feel is superior – a points handicap. This creates a point spread, and they offer similar odds on either team covering the spread.
In the example used below, a bet on the Lakers would require them to win by 4 or more points. A bet on the Jazz would pay out if they won the game or lost by no more than 3 points.
Example:
Team Odds LA Lakers -3.5 -110 Utah Jazz +3.5 -110 Total Points (Over/Under)
This is the second most popular NBA betting option. The sportsbooks set a total points line. You just have to guess whether the teams will combine for more points than the line or fewer. Then you can bet “over” or “under”.
There will be lots of alternate total points lines and point spreads. You can also bet on team totals, and totals for halves and quarters of a game. Discover how to win basketball totals bets with our NBA totals odds guide.
Example:
Team Odds Over 221.5 points -110 Under 221.5 points -110 Prop Bets
The best offshore sportsbooks offer a long list of NBA prop bets on each game. They do not focus on the result of the game. They home in on a narrow aspect of it.
There are game props, such as a prediction on the highest scoring quarter. You can also find team props, such as the first team to reach 20 points or the team with the most 3-point field goals. Player props are also available on points, rebounds, assists, blocks, steals and other stats.
Example:
Team Odds Kevin Durant to score over 25.5 points -114 Kevin Durant to score under 25.5 points -114 
Futures Odds
NBA futures odds focus on how a team or player will perform over the course of a season. For example, sportsbooks release NBA champion odds at the start of the season. These are the main futures markets:
NBA Championship Winner
The most popular NBA futures bet requires you to predict which team will win the NBA Championship. The sportsbooks assess each team during the preseason and release NBA title odds on them lifting the Larry O’Brien Trophy. It starts with a favorite – which is often the reigning champion – and the NBA odds on each team get longer as you go down the list.
These NBA Championship odds change over the course of the season. Results, injuries, trades and public sentiment can cause them to move. When just two teams are left standing in the postseason, NBA Finals odds are released.
Team Odds Golden State Warriors +525 Los Angeles Clippers +550 Boston Celtics +600 Conference and Division Winner
You can also bet on the team that will win each conference or division. Additional futures markets include a prediction on which conference, division or state will yield the NBA champion.
Team Odds Boston Celtics to win the Eastern Conference +270 Milwaukee Bucks to win the Eastern Conference +270 Brooklyn Nets to win the Eastern Conference +350 Regular Season Wins
This is a fun futures betting market that allows you to speculate on the number of regular season wins a team will earn. The sportsbooks set a total line, and you can bet over or under.
Team Odds New York Knicks to win over 40.5 games -110 New York Knicks to win under 40.5 games -110 NBA Playoff Odds
You can also speculate on whether a team will make the playoffs. These NBA playoffs odds are released at the start of the season and updated regularly to reflect each team’s results.
Team Odds Minnesota Timberwolves to make the playoffs -145 Minnesota Timberwolves to make the playoffs +120 Player Awards
Online sportsbooks offer a wealth of futures betting options on individual player awards. The NBA MVP odds are the most popular, but you can also find NBA Most Improved Player odds, Coach of the Year, Offensive Rookie of the Year, Defensive Rookie of the Year and much more. Sportsbooks also offer NBA Finals MVP odds.
Team Odds Luka Doncic to win the NBA MVP award +500 Joel Embiid to win the NBA MVP award +500 Giannis Antetokounmpo to win the NBA MVP award +700 
Parlay Odds
A parlay is a combination bet that allows you to roll multiple NBA picks into a single wager. For example, let’s say you like three picks:
- Milwaukee Bucks to beat Miami Heat at -120
- Utah Jazz to beat New Orleans Pelicans at +110
- LA Lakers to beat Sacramento Kings at -130
If you had a $30 bankroll, you could place a $10 bet on each team. That would earn you a $27.02 profit if all three teams won their games.
An alternative would be to combine them for a three-team parlay. If you wagered $30 on that parlay and all three teams won, you would earn a profit of $174.35. That is due to the compounding nature of a parlay – the profit from each leg rolls onto the next leg.
The catch is that all three teams must win. If one loses, the bet fails. Alternatives to parlays include teasers, pleasers, round robins, if bets and reverse bets.
Live NBA Odds
You can find NBA live odds on every game of the season. They allow you to bet in-play after the action is underway. The sportsbooks update the odds and lines on markets like the point spread, the moneyline, total points and props to reflect the score.
How to Sign Up and Find the Best NBA Odds
Our top-rated NBA sportsbook, BetOnline, offers attractive odds. It is quick and easy to sign up
- Click here to visit the BetOnline homepage and then click the “Join” button.
- Provide personal and contact details – name, email, country, ZIP code, mobile number and date of birth – and click “Create My Account.”
- You will see a green “Cashier” button on the right of the toolbar menu. Click that and then choose a deposit amount and method.
- You can type in INSIDERS when prompted for a promo code.
- Complete the deposit. Your funds will arrive quickly, along with the site credit you will receive from the sign-up bonus.
- Select the “Sports” option at the top left of the homepage.
- A list of sports will appear on the left of the screen. Choose “Basketball” and then click “NBA” to see a list of games you can bet on or “NBA Futures” to check out long-term betting options.
Past NBA Champions’ Odds
The chart below highlights the preseason odds of each NBA champion over the past decade. The Dubs had the highest preseason odds of +2800 in 2015 and the lowest of just -187 in 2018.
Year Champion Preseason Odds Losing Team Series Score 2022 Golden State Warriors +900 Boston Celtics 4–2 2021 Milwaukee Bucks +550 Phoenix Suns 4–2 2020 Los Angeles Lakers +450 Miami Heat 4—2 2019 Toronto Raptors +1850 Golden State Warriors 4—2 2018 Golden State Warriors -187 Cleveland Cavaliers 4—0 2017 Golden State Warriors -128 Cleveland Cavaliers 4—1 2016 Cleveland Cavaliers +280 Golden State Warriors 4—3 2015 Golden State Warriors +2800 Cleveland Cavaliers 4—2 2014 San Antonio Spurs +1200 Miami Heat 4—1 2013 Miami Heat +225 San Antonio Spurs 4—3 The Best Sportsbooks for NBA Odds
Our reviewers have weighed up the strengths and weaknesses of every online sportsbook offering NBA odds. We ultimately decided that these are the best NBA betting sites available right now:
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Check Our College Basketball Betting 2023 Guides
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NBA Odds FAQs
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