In this example, the Boston Celtics are the favorite. It’s a prediction on which team wins the basketball game.The sportsbooks assess the two teams, determine an underdog and a favorite, and then release the moneyline odds. Commonly placed NBA bets include: NBA Moneylineįor the most straightforward way to bet on an NBA game, look no further than the moneyline. The leading online sportsbooks offer 200+ NBA betting options on a single basketball game. What are the Different Types of NBA bets? To calculate the payout for odds of -145, just apply the following formula. In this scenario, we need to risk $145 to win $100. To calculate the payout for odds of +315, simply use the following formula:įor negative numbers, the value of the odds tells you how much you need to bet to win $100. The odds represent how much you’ll win if you bet $100. The positive odds are very easy to calculate. Negative (-) odds show the amount needed to bet to win $100.Positive (+) odds show the amount of profit for a $100 bet.The odds tell you how much you need to bet to win $100, which team is the underdog and which team is favorite.
Suns nuggets bet plus#
Odds start with either a minus (-) or a plus (+) and are always a whole number ( +195, -130, -350, +225, etc.)
Suns nuggets bet how to#
The following is the formula for calculating the profit for the fractional odds of 7/1: How to Read American NBA OddsĪmerican odds are the most common format used by top US sportsbooks. Used primarily in Ireland and the UK, fractions represent the profit you would earn for a successful bet. Return is how much profit you made plus your original wager amount.Profit is how much money you won by placing your wager.
So…what’s the difference between profit and return? As the name implies, they are always positive and decimal numbers.īelow is the formula for calculating the return and profit for decimal odds of 1.24. The most common format used by European sportsbooks are decimal odds. NBA odds are usually expressed in three different ways: But before you place your first NBA bet, let’s go over what the experts already know.
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