NBA Moneyline Betting
NBA moneyline betting - the goal in moneyline betting at NBA betting sites is to pick which team will win a specific matchup. NBA moneylines are offered by all sports betting sites in order to let you pick a game and make a prediction on who will win that game. If you are correct in your prediction, you will receive a payout as specified by the moneyline odds.
Best NBA Betting Sites For Moneyline Bets
The payouts vary from one NBA team to the next because certain teams are considered more likely to win than others at NBA betting websites. Moneylines are used so that both teams are worth betting on no matter how lopsided the matchup may be. An NBA moneyline betting example will better explain how this all works.
NBA Moneyline Betting Example
The following NBA moneyline bet is an example we took from an NBA betting site recently. In this bet, the Atlanta Hawks are playing against the Detroit Pistons and you can choose either team to win. Here’s how the bet is set up at the betting site:
Atlanta Hawks -190
Detroit Pistons +165
The Atlanta Hawks are regarded as a much stronger team than the Detroit Pistons. Therefore, the NBA betting site has awarded them odds of -190. This means that you will have to risk more money for a limited win if you want to bet on them. A $100 wager on the Hawks would return $52.63 if it was successful.
The Detroit Pistons are seen as a much weaker team, so the NBA betting site has given them odds of +165 to make them worth betting on. If you wager $100 on the Pistons and they end up winning, you will be paid $165 in winnings.
NBA online betting sites use moneylines like this in an attempt to get an equal amount of bets on both teams. This keeps the betting site in business because they can use the losing bets to pay the winners. Without moneylines, nobody would have any incentive to bet on the underdog in any given NBA game.
More about NBA Moneyline Bets
NBA moneyline bets wagers work in the same way that moneylines for other sports work. The betting site analyzes each NBA game and then assigns odds based on the expected action. If one team starts getting too many bets, the NBA betting site will change the odds in order to attract more bets on the other team and even things up again.
One nice thing about NBA moneyline wagers is that they can be placed at almost every betting site on the planet. If you have a game you want to bet on, you will have plenty of options to do so. You can also shop around for the best odds since the odds may be different at each betting site.
If you want to place NBA moneyline bets, we recommend a couple of the large, US-based sportsbook sites. These betting websites have been online for a very long time and they are trusted by millions of sports bettors. When you bet on NBA games at these sites, you know that you will be paid quickly.