NBA Odds and Betting Lines 

The Basics of NBA Odds and Bets

NBA odds are usually presented in American formats, especially in sportsbooks that target American and Canadian residents. These odds use the plus or minus sign to show the favored team and the underdog team. NBA betting lines are centred on betting or winning $100 and a fairly easy to read.

Reading NBA Betting Lines

To read NBA odds, you first need to check the symbol in front of the NBA line. Plus sign odds are used for the underdogs, while minus sign odds are used for the favorite. You should note that American odds are centred around a $100 wager. For favored bets, the odds will indicate the amount of money you should wager to win $100. On the other hand, underdog odds indicate the amount you would win if you wagered $100.

How are winnings calculated

When calculating winnings with American odds, you first need to check the sign in front of the odds. If they use a minus sign, you can calculate winnings by dividing 100 by the odds. After that, you should multiply the quotient by your bet size. When working with plus sign odds, you should divide the odds by 100 and multiply the product by your bet size.

Important things to consider when Betting on NBA in Canada

Betting on sports in Canada is completely legal, and you can use a wide range of betting sites for the activity. Although gambling is regulated by provincial authorities, bettors in the country can use offshore betting sites. These sportsbooks have been accepted as a legal grey area. In most parts of Canada, the legal gambling age is 19, but a few provinces have set the legal age at 18.

The best NBA betting sites have reasonable terms and conditions. For example, the deposit and withdrawal limits should be high enough. Also, the site should have clear conditions for cancelling wagers.

Types of bets you can find

NBA is among the most watched sports leagues in the world, and sportsbooks have come up with lots of betting markets for this event. Some of the most popular betting markets are the moneyline, spreads, total points, parlays, and prop bets. You will also find future basketball odds for the events.

Moneyline

The main betting market in the NBA Championship is the moneyline. With NBA moneyline odds, bettors have to predict the winner of the competition. Moneyline favorites are listed with the minus sign while the underdogs are listed with the plus sign.

Spreads

NBA point spreads betting is a form of betting where the favorite has to win the NBA game by a certain number of points. If the favorite doesn't cover the NBA point spread, the underdog will be considered the winner when settling the wagers.

Totals

NBA odds for the total points are used for the number of points that will be scored in the game. With these bets, you have to predict whether the total points scored will be above or below a specific threshold.

Parlays

Parlay bets are wagers that combine a number of betting markets. These wagers are also referred to as multis or combo bets. Parlays can be quite lucrative, but they are also risky. If one bet in the parlay loses, your entire wager will be lost.

Prop bets

Prop bets are wagers that don't have anything to do with the final score in the NBA games. An example of a prop bet is a wager on the team that will score first in the match. You can also place a bet on the NBA player who will win the rookie of the year award.

Future bets

Future bets are wagers placed on long-running basketball events. For example, you can predict the team that will win the NBA. Another common future bet in the NBA is the wager on the player that will win the MVP award. NBA future bets are usually settled at the end of the season and provide gamblers with higher NBA futures odds.

NBA Finals odds if applicable

NBA finals odds are wagers placed on the team that will win the tournament. For example, you can predict that the Los Angeles Clippers will win the league.

NBA MVP odds if applicable

Another popular future bet is the MVP wager. With this bet, you have to predict the player that will win the MVP award. The award is granted to the best performing player in the entire tournament.

NBA Rookie of the year odds if applicable

The rookie of the year award is granted to the top rookie of the regular NBA season. You can place a wager on the player you think will win this award at the end of the tournament.

NBA Draft odds if applicable

Sports betting sites also offer NBA odds for the draft of the tournament. With this market, you have to predict the draft picks of the league.

Comparing NBA Odds on Oddspedia will Benefit You

Comparing NBA odds from many different betting sites will help you find the highest prices at any time. On Oddspedia, bettors can search for different NBA games using the calendar provided. You will then see sportsbooks that offer NBA bets on those games, as well as their NBA betting odds.

Odds Comparison increases your winnings

With the odds comparison feature of Oddspedia, you can always find sportsbooks with generous odds. This service will help you increase your winnings as you will always use betting sites with very high odds. You should create accounts on the top-rated sports betting sites to make it easier for you to place wagers before the lines change. Once you click the odds on Oddspedia, the site will redirect you to the online sportsbook, where you will be able to place the bets.

Oddspedia provides the best NBA odds for Today

Oddspedia features odds from more than 80 betting sites and sports betting apps, and all of these are licensed and reputable. With this odds comparison tool, you will be able to find the highest odds at any given time. You should note that the odds are updated in real time, and you won't need to refresh the page to see the latest odds.

Finding excellent NBA betting sites can be daunting, particularly with the abundance of top sportsbooks available in Canada. A good way of finding suitable online betting sites is to check the quality of the NBA odds on Oddspedia.

Since your primary goal as a bettor is to increase your winnings, it's recommended to select online sportsbooks that offer higher odds. At Oddspedia, you can also view the available sportsbook bonuses. Below, you will find the top sportsbooks you can utilize for betting on the NBA season:

Especially tailored for bettors in Ontario, we've developed separate rankings with Ontario betting sites and reliable Ontario betting apps that correspond to the local legislation. 

Make the Most Out Of Great Odds - NBA Tipsters

Great NBA betting odds are at the center of betting on the competition, but to make the most of them, use accurate picks. The NBA picks at Oddspedia are provided by some of the best tipsters in the business. Thus, they give you a good idea of the outcome of the competition. Consequently, you place bets with a higher chance of winning.