The NBA season is back to its traditional calendar, which starts in late October and runs to early-to-mude June with the NBA Finals. Find NBA Playoffs odds available from the sportsbook as early as a few weeks after the previous season ends.
Getting into the NBA Playoffs Odds
The NBA Playoffs is when basketball takes over the sports world and NBA Playoffs odds are widely bet on the sportsbook. But you can bet on the NBA Playoffs even before it starts through the “Futures” or “outright” betting odds.
Bet on which team you think will win the NBA Championship or whether a team will qualify for the NBA Playoffs or not. During the playoffs, you can bet on teams’ point spreads, moneylines, and totals (over/under) as well as props.
How to read NBA Playoffs Odds
Odds for the NBA Playoffs display as either “American”, “Decimal” or “Fractional”. American, which is the default layout for many North American books, displays as either a minus number like -200 or plus number like +160. This indicates the favorite and the underdog, respectively.
The minus number shows how much you need to stake to win $100. In this case, -200 means $200. The plus number represents what you win when you wager $100. So for +160, a $160 payout is rewarded for a $100 bet.
Decimal manifests as your total payout (wager + payout). In this example, -200 becomes 1.50 so a $100 bet returns $150 in total (your $100 wager plus $50 payout). Fractional will show as 1/2 so a $100 return for a $200 wager.
Western Conference Odds vs Eastern Conference Odds
Betting on NBA futures allows players to bet on which teams will win their respective conferences. These are odds that predict which teams from the Western Conference and Eastern Conference make the NBA Finals. There are 15 teams for each conference divided into three divisions each.
Betting on the NBA Playoffs can be challenging but gives you more reason to pay attention. When betting on the outright market, keep in mind that this is a long-term bet. You can bet on which team will win the NBA title almost any time in the year. Their odds change as the season progresses.
The Los Angeles Lakers opened at +400 to win the NBA title during the preseason. But thanks to a myriad of injuries, bad play, and reports of feuds between the star players, the team’s odds have lengthened to +1500.
It can be worth betting on a team more than once if you think there is still value available. Alternatively, you can also bet on more than one team.Follow us on Twitter