NBA Odds & Betting Lines
Nov 29th
Odds as of November 29, 2023
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Updated on: November 29, 2023
HOW TO READ NBA LAS VEGAS ODDS
Now that legal online sports betting is available in a number of states, you are going to need a primer to make the more informed bets possible. We've broken down how to read NBA odds as they'd be displayed at a real live Las Vegas sportsbook right here.
When you're ready to place a bet on your favorite NBA team, try one of the following sportsbooks:
The point-spread was developed to provide a balance for both teams involved in a contest to attract bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
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)
EX. BET $100 TO WIN $91.91 (10% JUICE)
It's not uncommon to see other values posted other than -10. Examples seen on the NBA Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state of 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 Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa 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 Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
If you are confused about different odds formats, please check out our Odds Conversion Tool.
VEGASINSIDER OPEN & CONSENSUS
The VegasInsider Open and Consensus Lines are great features on our NBA Las Vegas Odds page.
NBA OPEN LINE
One of the best features on the NBA Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NBA or any other sport, it’s a great idea to view the open line first.
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 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.
BETTING ON NBA GAMES
WHERE CAN I BET ON NBA GAMES?
There are several legal sportsbook options in the United States. You can our exclusive ESPN BET promo code to place any bet on the NBA. Visit our sportsbook directory to find online sportsbooks where you can bet on the NBA:
WHO ARE THE EXPERTS PICKING TO WIN?
Our experts offer picks on all the big NBA games. Check out our Expert NBA Picks from all of our handicappers on VegasInsider.
WHAT TYPE OF BETS CAN I MAKE ON NBA GAMES?
Betting the point spread, straight up winner, and over/under point total are the three popular NBA bets. Sportsbooks also first half lines, live betting, and other betting angles.
WHO'S THE FAVORITE TO WIN THE NBA CHAMPIONSHIP?
For odds on where teams will finish in the NBA Playoffs, check out our NBA Futures page.
CAN YOU PLACE PARLAY BETS ON NBA GAMES?
Most sportsbooks will allow you to parlay your basketball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be. When you are ready to place a bet, we recommend BetMGM as a top-tier choice for a sportsbook.
MOST POPULAR BETTING ODDS
Along with providing NBA Las Vegas Odds, VegasInsider is also the leader in betting numbers for the most popular sports that are wagered on in the United States.
Those sports and the betting odds can be found below: