NBA Global Sportsbook Odds
The VegasInsider.com NBA Global Odds is one of the most popular betting resources for bettors that wager on NBA action throughout the season, which begins in late October and finishes in mid-June with the NBA Finals.
How to read NBA Global Odds
Whether you’re a novice, advanced or professional bettor, the NBA Global Odds is simple for all individuals looking to wager on NBA action. The most popular betting market in NBA focuses on point-spread wager or side wagers.
The spread was developed to provide a balance for both teams involved in a matchup, hoping to have bettors wager on the weaker to team that was receiving points and that team is assigned as the underdog. The team giving or laying the points is the favorite.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
It's not uncommon to see other values posted other than -10.
Examples seen on the NBA Global Odds pages could include -08, -12, -15 and -20. The added or extra ‘juice’ on a point-spread is determined by the sportsbook or operator. Many bettors shy away from books that lay on the juice because it takes away from your winnings.
Ex. Bet $100 to win $91.91 (10% juice)
Ex. Bet $100 to $83.33 (20% juice)
Ex. Bet $100 to win $86.95 (15% juice)
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NBA bets.
Another number that’s posted on the NBA Global is the total or ‘over/under’ for the specific contest. If the favorite is designated as the home team, then the total will be listed above and vice versa (below) if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NBA Global Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Date and the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NBA Open Line
One of the best features on the NBA Global Odds is the Opening Line or the Open Line. This numbers consists of the first betting line received from our Global or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use on the NBA matchup. It’s a very smart idea to see where the line originates and even smarter to follow the moves.
How do I bet on a game?
As described above, there is a favorite and an underdog in each game.
In this example, Miami is listed as a 3.5-point favorite, while Atlanta is a 3.5-point underdog. For Miami to cover the spread, it must win by four points or more. Atlanta can cover the spread two different ways as an underdog. First, if Atlanta loses by three points or fewer, it covers. The second way is if Atlanta wins outright by any score, so sometimes backing an underdog has its advantages.
VI Consensus NBA Line
The VegasInsider.com Consensus NBA Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could simply be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
The Global NBA Odds consensus lines uses up to 10 sportsbooks that are allowed to operate in the United States.
The most popular and respected Global NBA Odds include:
- William Hill
While many bettors like to shop for numbers, which is a great technique, not everybody always gets the best line. Therefore, the consensus open and eventually closing line is a great way to measure your skills as a bettor or handicapper.