Explained NBA futures bets that players should know

In the universe of sports, the NBA has always stood firmly as one of the most famous and popular sports corporations in the world. Fierce competition, superstars such as LeBron James, Stephen Curry and Kevin Durant, along with dramatic matches, have created a constant fever among sports fans and fans. However, it’s not just excitement for the game on the field, it’s excitement in the world of NBA futures betting. Today, let’s learn about NBA futures bets with premiumsoccertips through the article below!

What are NBA Futures Bets?

Like any other sports betting, NBA Futures betting is simply wagering on an event in basketball that will occur on a later date.

You can place bets on the NBA Futures market at any time, but sportsbooks will adjust the odds throughout the season depending on results and other relevant news such as injuries and any draft moves.

Generally, placing early Futures bets often yields higher odds but comes with greater risk (uncertainty about how events will unfold before the bet is settled). Immediately after an NBA season ends, there will be Futures bets for the following season.

Futures betting is placed on the outcome of a distant NBA event. Your bet wins if you correctly pick the outcome. You can bet on multiple outcomes simultaneously, though the odds for each outcome may vary depending on each selection.

Popular NBA Futures bets include odds for winning the NBA Finals, winners of the Eastern and Western Conferences, and individual awards like the NBA MVP. Additionally, sports betting sites will have odds for player awards such as the NBA MVP.

Futures bets can be made prior to the commencement of an event or the announcement of awards for players. Throughout the season, the odds will fluctuate. A team with a notable winning streak may emerge as a frontrunner for their conference title and possibly the NBA championship. Conversely, a player with subpar performance may see their odds decrease in the NBA MVP race.

NBA Futures odds provide sports bettors with two distinct advantages. Firstly, they present the opportunity to wager on a long-term event, offering potentially higher returns compared to individual bets. Secondly, they offer insights into which team or player is favored to succeed by the season’s end. Regardless of whether one places bets on Futures, monitoring the shifting odds can serve as a valuable resource for enhancing basketball handicapping as the season progresses.

What do NBA futures odds mean?

Each potential outcome in the future of the NBA will have betting odds listed at US sportsbooks.

The most likely or favored outcomes will have negative odds. A negative value indicates how much you risk to win $100. A future bet at -150 odds means you’re risking $150 to win $100.

All other outcomes will have positive odds. A positive value indicates how much you win if you risk $100. A future bet at +800 odds means you win $800 if you risk $100. Similarly, a future bet at +5500 odds means you win $5500 if you risk $100.

Some future bets may not have a clear favorite. In this case, all odds will be positive. The lowest value is considered the most likely to occur, while the highest value is considered the least likely to occur.

Types of NBA bets

There are many common types of bets available in the NBA (National Basketball Association), including:

Moneyline: One of the most popular bets in all sports, this simply involves betting on which team will win the game. The final score doesn’t matter for this bet as long as you pick the winning side.
Point Spread: The point spread is a set number of points that bettors use to make the game more even when betting. The favorite will have a negative number (e.g., Raptors -3.5). The underdog will have a positive number (Celtics +3.5). If you bet on the favorite, that team must win by at least the specified number of points. If you bet on the underdog, that team must not lose by more than the given number of points. You also win the bet if the underdog wins outright.
Total Points: Another popular type of bet, this allows you to bet on the total number of points in a game. The sportsbook will set the total points, and you can choose whether the total points will be over or under that number. If the total points are 220.5 and you choose over, you win if the teams combine to score 221 points or more.
First Half/Full Time: This type of bet combines betting on which team will lead at halftime and which team will win the game in the same wager. For example, in a match between the Toronto Raptors and the Boston Celtics, you can bet on Raptors (halftime)/Celtics (full time), draw (halftime)/Celtics (full time), or any other possible outcome among the four possible results. There are always six possible outcomes for this type of bet.
Team Totals: This is a bet on the individual team’s score in a certain match. Similar to betting on the total match score, you choose whether the team’s total score will be over or under the sportsbook’s set number.
Player Props (points, rebounds, assists, etc.): Player props are bets on a player’s stats in the game. In the NBA, this could include total points, rebounds, assists, 3-pointers, and some other options. Sportsbooks offer a set total (e.g., LeBron James, 24.5 points), and you can bet on whether that number will be over or under.

How to read NBA futures betting odds

Basketball offers countless options for any sports bettor to choose from. We’ll explore some different methods and explain how to read the corresponding NBA betting odds.

Moneyline Betting

NBA moneyline betting means you’re picking one of the two teams to win the game—no point spreads, no angles, just picking right or wrong at the buzzer of the 4th quarter.

Oddsmakers and sportsbooks assign distinct numerical values to each team, known as NBA moneyline odds, for bettors to place wagers on. These odds are determined by assessing the matchup between the two opponents. Each numerical value is accompanied by either a minus (-) or plus (+) sign, denoting the stronger and weaker team, respectively.

Point Spread Betting

NBA point spreads offer another way to bet on basketball besides picking the outright winner. In point spread betting, the favorite is marked with a minus (-) next to their total points, while the underdog receives a plus (+).

Suppose the Golden State Warriors are favored over the Chicago Bulls. The spread could be 4.5 points, meaning the Warriors are favored at -4.5 (-110) and the Bulls are the underdog at +4.5 (-110). The -4.5 spread always comes with traditional odds, such as -110, indicating its value. If the Golden State beats Chicago by five points or more, it will “cover the spread,” leading to a winning bet. However, if the Warriors win by four points or fewer, the Bulls will cover the spread. This is also the case if Chicago wins the game.

Over/Under Betting (Total Points)

NBA over/under betting requires you to make an accurate prediction about the total points scored by both teams. It revolves around deciding whether the total points will go over or under the number set by the bettor.

For example: consider the match between the Philadelphia 76ers and the Miami Heat with a total points line set at 224.5 points. As the bettor, you would choose Over if you believe the final total points of the game will be 225 points or more. You would choose Under if you believe it will be 224 points or fewer.

FAQs of NBA Future Bets

What do NBA future betting odds mean?

Negative values indicate how much you risk to win $100. Options with negative values are considered the most favored. Positive values indicate how much you win if you risk $100. Options with positive values are considered weaker. The option with the lowest positive odds in a market without a favored team with negative odds will be considered the underdog to win.

What determines the outcome of NBA Futures bets?

Your future bet wins if you choose the correct outcome. The bet loses if you choose the wrong outcome or if the team, player, or outcome you choose is no longer eligible to participate in the event.

Which NBA Futures bet garners the most popularity?

The team most favored in NBA Futures betting is typically the one anticipated to win the NBA championship. Odds for each team to clinch the next NBA championship are typically released shortly after the conclusion of the current NBA Finals.

When is the best time to place NBA Futures bets?

There is an art and science to placing NBA Futures bets. The secret is to time your bet reasonably. You don’t want to bet too early without knowing much about how your team or player will perform. But you also don’t want to bet too late that your choice is obviously the winner with a small profit.

Conclusion

In the dense title of NBA history, futures betting is an indispensable page. With a combination of a deep understanding of sports and keen predictability, NBA futures bets players can experience thrill and excitement no less than on-court games. In a world of sports full of difficulties and unforeseen, betting on NBA futures is not just about predicting outcomes, it’s also about challenging yourself and exploring the limitlessness of sports intelligence. We appreciate your interest in our article!