The NBA is one of the biggest leagues in the world, so it is no surprise that betting on the league is also hugely popular. And like every sport, you can bet on the outcome of future scenarios of what can happen within a season. In the case of NBA futures betting, the markets allow you to bet on the NBA Finals winners, Conference winners, and Division winners. You may also bet on the NBA MVP and Rookie of the Year.
In this sports betting guide, will provide you with different strategies on how to bet on NBA futures odds and what are the best ways to approach these sports betting odds before placing any bets.
NBA Futures Betting Strategy
To really get good odds on NBA futures, like with any futures, you should place the bet before the season starts. The “odds makers” will immediately lower the odds substantially if an outside team looks like they are a surprise package. It can of course be beneficial to wait if you want to see how the season starts first, but take this as our advice, that you will probably end up receiving worse odds.
Also beware that odds change in response to bettors activities, and it’s likely that if you have seen a team is a Championship contender, others have too so delaying is very rarely a good idea when you have made your mind up!
How to Bet on NBA Futures?
Legal gambling is a quickly growing market in the United States with a lot of sportsbooks emerging and in almost all of them you will be able to bet on NBA futures. A quick google search should throw up a whole load of options for you. The rise of bitcoin betting is also growing due to the ease this currency has to quickly bet and withdrawal winnings.
If you are not sure who to bet on there are also a lot of online resources that canvas opinions from various different experts that can point you in the right direction. Here at NitroBetting.eu, we provide weekly updated sports betting odds, strategies and futures. You can find this and many more odds when visit our online BTC sportsbook.
If you want more information before making any bets there are also lots of detailed online tutorials for you to look at, everything is there for you, you just need to go and do it!
Shorter Term Futures
The NBA season is extremely long, and so much can happen during it making it hard to call at times. This makes betting before the playoffs a great option.
You will likely get worse odds but you will be able to see each team’s playoff path before taking the bet, and there is also much less scope for big events such as trades or injuries to change the outlook.
How to Read NBA Betting Odds
If you are new to sportsbook betting odds can be one of the greatest barriers to getting involved, but it really is not that difficult once you get your head around it. The easiest way to explain is through examples.
The LA Lakers are +350 or 7/2 – This means that you multiply your initial bet by 3.5 and add the original stake. So, if you bet $10 on them you will receive $35 plus the original $10, so $45 in total.
Likewise, the Utah Jazz for example are +4000 or 40/1 – This means that you multiply your initial bet by 400 and add the original stake. So, if you bet $10 on them you will receive $400 plus the original $10, so $410 in total.
You can start to see here that there is a lot of money to be made of you correctly predict an outsider will go on to win the Championship from the start.