- Betting on NBA futures will net the biggest return on single bets.
- Pooling multiple wagers into a single parlay ticket increase the risk while also increasing the potential rewards.
- NBA betting fans can wager on the NBA season opener right now as odds are readily available on sportsbooks.
NEW YORK – With the NBA season tipping off on October 19, now is the perfect time to examine the many ways betting fans can cash in big this year.
From futures betting to big-ticket parlays, the NBA season will be filled with opportunities for major payouts. NBA betting fans will be able to find odds for all of their favorite teams, every game of the season, and player props for major athletes.
How To Bet NBA Futures
NBA futures betting is one of the biggest draws at regulated sports betting sites. Popular odds include seasonal awards such as MVP, DPOY, ROTY, and of course, 2022 NBA Championship odds.
2022 NBA Championship
- Brooklyn Nets +250
- Los Angeles Lakers +375
- Milwaukee Bucks +900
- Golden State Warriors +900
- Utah Jazz +1600
- Los Angeles Clippers +1600
- Philadelphia 76ers +1600
- Phoenix Suns +1500
- Denver Nuggets +2000
- Miami Heat +2500
- Dallas Mavericks +3000
- Atlanta Hawks +3500
Sports bettors will simply need to pick a team that they believe will win it all and place action on said team now. A smart way to capitalize on futures betting is to look at a team’s success in the previous season, and pay attention to their offseason moves.
The Brooklyn Nets, for example, are heavy favorites to win. The Nets lost in the second round to the eventual champion Milwaukee Bucks last season.
Both James Harden and Kyrie Irving were injured but are both expected to be healthy come tip-off of the new season.
With the Nets being healthy and coming off of a season where they were just inches away from beating the eventual champs, sportsbooks are reflecting that Brooklyn might be the team to beat.
How To Bet NBA Parlays
Betting on parlays is simple. Fans would pool multiple wagers into a single ticket, increasing the risk while also upping their potential rewards.
76ers Vs. Raptors Odds, October 4, 7:00 PM, NBA League Pass
- Philadelphia 76ers -105
- Toronto Raptors -115
Hawks Vs. Heat Odds, October 4, 7:30 PM, NBA TV
- Atlanta Hawks +145
- Miami Heat -170
Magic Vs. Celtics Odds October 4, 7:30 PM, NBC Sports Boston
- Orlando Magic +230
- Boston Celtics -280
These three matchups are all taking place during the NBA preseason. If a bettor were wagering $100 on these games and opted to bet on the favorites, they would win $86.96 wagering on the Toronto Raptors’ (-115) odds, win $58.82 betting on the Miami Heat’s (-170) odds, and win $35.71 betting on the Boston Celtics(-280) odds.
However, using that same $100 to take all these favorites in a single parlay, bettors would see (+303) odds and win $302.98 with NBA betting sites.
The risk is increased because if even one of these teams loses, the betting ticket results in a loss, but the potential return is far greater than any individual betting line.
How To Bet On NBA Props
NBA prop betting is another major draw for sports bettors this NBA season. Prop bets are wagers that can be centered around the game, a team, or players.
An example of a prop bet would be betting on a player’s total points in any given game. For instance, a sportsbook would set LeBron James‘ point total at 25.5 PTS in the Los Angeles Lakers season opener against the Golden State Warriors.
Betting fans could wager on the OVER at (-110) or the UNDER at (-110). If LeBron scores at least 26 points, the OVER hits; 25 or less, the UNDER hits. It’s that simple.
Sportsbooks get creative with these prop bets during the season, increasing the potential rewards by making the prop harder to hit.
Team props will be set for how many threes a certain team will score. There are also game props for both teams with things like total assists, total turnovers, and total rebounds.
Prop betting is a way to increase the action during a single game and can turn one NBA event into one big cash win.
News tags: Anthony Davis | Atlanta Hawks | basketball | Boston Celtics | Brooklyn Nets | Giannis Antetokounmpo | Golden State Warriors | James Harden | Kevin Durant | Kyrie Irving | LeBron James | Los Angeles Lakers | Milwaukee Bucks | NBA | NBA Finals | Philadelphia 76ers | Russell Westbrook
Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.