Last Updated Feb 07, 2023, 1:10 PM

NBA Best Parlay Picks - February 07, 2023

NBA parlay betting is one of the best ways to maximize your potential payout. Our expert handicappers and sharps do the legwork in looking for the best value when you're betting on pro basketball. Here's a breakdown of the best NBA parlay picks for today's matchups.

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Best NBA Parlay for Tuesday, February 7

  • Atlanta Hawks +2 (-110) @ NOP
  • Chicago Bulls +8 (-110) @ MEM

Payout: +264

Note: Odds and lines mentioned are accurate as of 11:00 AM ET. For the most up-to-date odds and lines, please see widgets with operators listed.

Atlanta Hawks +2 (-110) @ NOP

Atlanta is in in a fifth straight road game after a taxing run out west, but the Hawks covered in three of four games with two S/U wins and the Hawks own 14 S/U road wins on the season. The 19-9 S/U home record for the Pelicans commands respect but that season record incudes going just 2-5 S/U in the past seven home dates.

New Orleans delivered back-to-back home wins over the weekend, but Atlanta has been in fine form of late with the #2 offensive efficiency ranking in the NBA in the past 10 games in great contrast to the numbers for the Pelicans near the bottom of the league in the recent sample. Atlanta won in overtime hosting New Orleans in the last meeting and the Hawks are on an 8-2 S/U and ATS run in this series.

An already injury-plagued roster added Brandon Ingram and Jonas Valanciunas to the injury report over the weekend while an Atlanta team that has much more potential than its .500 record should be a threat after battling through a top 10 schedule and now finally having its complete roster back in order.

Take Atlanta!PLACE THIS BET ON
The Hawks are 8-2 in their last ten matchups against New Orleans. (Getty)

Chicago Bulls +8 (-110) @ MEM

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Many expect the Bulls to tear things up at the trade deadline but a promising underachiever most of the season has now won seven of 10 and has the NBA's #1 defense in the past 10 games. Chicago has 10 top 10 wins this season, as many as all but Boston league-wide.

Despite the disappointing season results the Bulls are a winning ATS team and should be a threat at this price even in a tough venue where Memphis is 21-5 S/U. Memphis is 4-0 S/U in this series the past two seasons but the spread in three of those four games was less than half tonight's number.

The Bulls have a winning ATS record vs. quality teams and are 7-3 ATS as an underdog of five or more points this season. Chicago is a top 10 shooting team all over the floor while the Memphis defense has been performing well below its season levels in recent weeks.

The Grizzlies are on a brutal 1-8 S/U run in the past nine games and the efficiency numbers in that span are in range with Houston, Charlotte, and Detroit towards the bottom of the NBA. Memphis has played a bottom seven schedule and has a losing record against the top half of the league and this is a good opportunity for Chicago to see if it can save its season with a high-profile win.

Chicago played last night but won comfortably and spread minutes among 11 players in a 24-point win, leaving the Bulls one game shy of the .500 threshold.

Take Chicago!PLACE THIS BET ON

WHAT IS AN NBA PARLAY BET?

Any parlay is essentially a series of bets strung together into one bet. For example, let's say that you have three bets on your betslip: GSW, Miami, and Boston all to cover their spread bets. Instead of getting a potential payout if one of those bets hit, you can parlay the three bets into one bet.

If one of the "legs" (say, Miami to cover) doesn't hit, then you get nothing, but if all of your legs hit, your parlay bet payout will be higher than if you had just hit three totals bets.

Typically, fixed odds markets like totals or spreads have standard pricing, usually around plus or minus 110. Your standard three-leg parlay like the above usually pays out 6 to 1, or +600 odds. Therefore, a $100 parlay bet would net you $600 in winnings, while three totals bets at -110 would pay out about $90 each. Clearly, the parlay is the riskier option, but with the higher reward.

HOW DO I BET ON NBA PARLAYS?

Betting on NBA parlays is pretty simple with the majority of legal online sportsbooks in the US. When you're looking at your selection of lines on your preferred book, most apps and websites have an option to add legs to a parlay right on the betslip. In some cases, you can even add whatever lines you want, and simply click parlay for your bets to be strung into a parlay of two or more legs.

Isn't technology amazing? Now that your bet is right there in front of you, you'll also be able to see your potential payout based on your stake.

Now that you see how simple it is, you can head over to our selection of the best NBA betting sites for parlays and place a parlay bet!

BETTING NBA TEASERS

Teasers are bets that let you essentially buy points against the spread, also known as "teasing" the bet. If you have a spread bet that's set at +/-3.5, NBA teasers allow you to give yourself more room by placing an NBA teaser bet and adding points (for example, a +/-9.5 teaser) to the spread.

Close games are hard to come by, especially in basketball: you're a lot more likely to hit a spread bet if a teaser is available. Your payout will be lower than a typical spread bet, though, because you're more or less "buying" that wiggle room. This is more like a parlay than a spread bet, too, because when you place an NBA teaser bet, both teams have to cover.

WHAT ARE SINGLE-GAME PARLAYS AND HOW DO I BET ON THEM?

SGPs or single-game (AKA same-game) parlays are as they sound: they're parlay bets that are all from the same event. For example, you could do a single-game parlay, if offered, on Giannis Antetokounmpo to score 30 or more points, Khris Middleton to hit 12+ rebounds, and the Bucks to win. Simply betting each of these individually would offer a certain payout, but stringing them into a single-game parlay would pay out more. Usually way more.

The best NBA same game parlays can be found on providers like FanDuel, BetMGM, and Barstool Sportsbook.

HOW DO I WIN MY NBA PARLAY BETS?

While we can't say there's a winning strategy to betting, there are always ways to improve your chances of making a correct pick, and it usually boils down to being informed:

  • Use the picks we provide. Our expert handicappers and sharps spend their time researching value in NBA bets, looking at team and player performance over time, injury reports, the works. Simply put, our experts are putting in the work every day to analyze and spot the best potential in the National Basketball Association.
  • Do some window shopping. All the best NBA betting sites let you look at the line pricing and even put together a dummy betslip without ever spending a dime. Whether you're buying a new crockpot or you're looking to spend your hard-earned money with a sportsbook, shopping around is a good idea.
  • Bankroll management is always key. "Winning" at betting doesn't mean hitting that one-in-a-million parlay that pays out $20k for a $100 stake. That's nice if it happens, but the real way to win is to protect your money long enough so that you don't miss out on value. If you spot a line where the book has clearly missed out on the value of an underdog, you won't be able to take advantage of it if you blew all your money on what you thought was a sure bet. Make smart bets, and protect your bankroll through promotions, smart bet amounts, and not making wild swings.
  • Parlay low payout favorites into high payout bets. If you've got the Cavs at -250, your $100 bet is only going to pay out $40 if it wins. Maximize your payout by parlaying that low payout bet with a few other bets, and you're looking at a much higher payout.
  • Don't bite off more than you can chew. We all see the posts boasting 20-leg parlays and payouts in the tens of thousands, but 20-leg Hail Mary parlays should not be the majority of your bets. Take it easy, and try to stick to parlays with no more than four or five legs.

There is one surefire way to win at NBA parlay betting: enjoy it! The point of gambling is the same as the point of a rollercoaster-- a little calculated risk makes life more fun. You're not going to be the next Mattress Mack (he started out a millionaire before he got into betting), but hey, you might win a bit of fun money. Using our NBA parlays guide and the picks that we provide gives you the edge you need to make smart, calculated bets.

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