How to read NBA Las Vegas Money Line Odds
All you need to do is pick is the winner!
If you’re placing NBA money line wagers then you’re rooting for one team to grab a straight-up win. The betting term Against the Spread (ATS) doesn't matter for these types of bets since the point-spread doesn’t come into play.
Similar to our Spread and 1st Half Odds, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NBA game.
Every game has a Favorite and Underdog associated with the Money Line Odds and the plus (+) and minus (-) symbols are used to differentiate the teams. For NBA money line odds, it’s a simple math formula that’s based on $100 wagers.
Toronto -400 (Bet $100 to win $25)
San Antonio +300 (Bet $100 to win $300)
In the above example, Toronto is the favorite (-) while San Antonio is the underdog. If a bettor wanted to back Toronto, who is expected to win, they would only win $25 on a $100 wager since they are minus -400. Some books will provide an extra option to view their betting odds in Fraction format and Toronto would be a 1/4 favorite in this matchup. If you prefer Decimal format, which is very common overseas, Toronto would be 1.25 on the betting board.
Since Toronto is the favorite, San Antonio is the underdog and bettors would receive a positive return greater than their initial stake. In this example, a $100 winning wager on San Antonio would net $400 and that includes your $300 win and $100 stake. The fractional odds for this example would be San Antonio at 3/1 and the Decimal conversion would read 4.0.
How to Bet NBA Money Line Odds
A majority of NBA games involve point-spreads of single-digits, while games that see a favorite of 10 points or more is not usually the norm, although it happens.
The VegasInsider.com Parlay Calculator is a great tool to see what kind of return you can create while avoiding the pitfalls of risk.
In the NBA playoffs, there is no single-elimination rounds. Each round is a best-of-seven series with the first team to four wins advancing to the next round.
Picking a straight up winner seems easy and if you don’t want to lay the points, then betting money line wagers is for you. Underdog winners aren't as easy to find in the playoffs as the team with the higher seed usually advances, but straight up 'dogs sometimes come through in the postseason.