NBA Betting Odds

Online sports betting is not yet active in Florida. This page will be updated with the latest promos, news and odds once Florida sportsbooks launch.

The NBA is second only to the NFL in betting action in the United States. Bettors in states with legal sports betting have jumped at the chance to bet on professional basketball, and Florida will see more than its share of action when NBA odds are plentiful.

The Miami Heat and Orlando Magic are Florida’s two NBA teams, and both have passionate fan bases who will put their money on the line to bet on each team’s fortunes. To get in on the action check our guide to betting the NBA online in Florida below, including tonight’s best NBA lines at legal online sportsbooks.

2023 NBA odds – moneyline, spreads & totals

NBA finals odds

With a popular sport like the NBA, legal online sportsbooks will offer odds on the next champion. NBA Finals odds are fun to look at nearly year-round because they will change as teams move up and down for a variety of reasons: offseason moves such as trades or free agent signings, the NBA draft, coaching changes, injuries and more. See below for current NBA Championship futures odds at FL online sportsbooks.

Eastern & Western conference odds

Picking the Eastern or Western Conference winner will generally be easier than picking the overall winner since you’re dealing with fewer outcomes. It’s still going to be a major challenge, however. As we’ve seen in recent years, injuries have piled up for even some of the top teams, so the risk remains high.

NBA player prop odds

The NBA is a star-driven league, and many fans may follow individual players instead of teams. The rise in fantasy sports and social media influence for players has increased the popularity of individual athletes, and we’ve seen this extensively with the NBA. Because of this, the betting options for player props can be significant. A popular discussion throughout the season is who will win the league’s MVP award. As players continue to develop a following earlier and earlier, the rookie of the year award odds may see more bets coming its way, as well.

Miami Heat odds

As the current top NBA team in Florida, the Heat should get plenty of attention from bettors in the state. Sportsbooks will have the three main types of bets available: moneylines, point spreads and totals. Beyond those options, you can take a look at props, futures and live betting.

Regardless of what you may want to bet on when it comes to the Heat, there should be plenty of betting options as sportsbooks and oddsmakers continue to get more and more creative. See the dedicated Miami Heat odds page for more.

Orlando Magic odds

As the Magic look to rebuild in an effort to return to the playoffs, sports bettors should have plenty of opportunities to bet on their games. As with any team in the NBA, all the standard bets will be available, and you can see more on the Orlando Magic odds page.

Live NBA betting odds

Live betting refers to placing a wager on a game while it is happening. You no longer have to make sure to place your bets prior to game time because live betting is now available online and, with the sportsbook app, on your phone. Odds and numbers will change by the second based on the latest events during the game, and you have to be quick in getting your bets in due to the rapid pace of the shifting odds.

For an example of in game betting, if you have seen your team come out of the locker room struggling, it might make sense to bet on the other team, whether that would be on the moneyline or point spread. Identifying what to do with momentum is crucial to live betting, and it’s a very difficult area to nail down consistently.

Best FL sportsbooks for NBA betting

Legal sports betting means the sportsbooks are regulated and safe to bank and bet with, which is not always the case with offshore sportsbooks. It’s up to personal preference for what you are looking for among the most popular sportsbooks, and Florida should have plenty of quality options. This includes such top books as HardRock Sportsbook, DraftKings, and BetRivers online sportsbook.

NBA betting lines explained

Earlier, we listed some of the most popular NBA betting options like the point spread, moneyline and over/under. If you’re unclear about what any of those terms mean, we’ll explain them here along with some examples involving the Miami Heat and Orlando Magic.

NBA spread bets

Spread betting is the most popular way to bet on the NBA. Regardless of your betting experience, you’ve probably heard of the point spread. When two teams take the court, oddsmakers will essentially give the lesser team a head start to even the playing field.

For example, let’s say the Heat are favored by 4.5 points in their upcoming game against the Indiana Pacers. For Miami to cover the spread, it needs to not only win the game, but win it by more than 4.5 points. On the other side, the Pacers are the underdogs and need to either win the game outright or lose by fewer than 4.5 points.

NBA moneyline bets

Moneyline bets are among the simplest options. All you are betting on is which team will win the game. This time, however, the odds will represent perceived differences in team skill. If you would like to pick the favorite to win on the moneyline, you would receive a smaller payout with a correct wager than you would if you correctly bet on the underdog to win.

NBA over/under bets

Over/under bets can also appear as totals at the sportsbook. For these bets, you do not care which team will win or how many points it will win by. When betting on the over/under, all you worry about is how many points the two teams will combine to score.

For example, the Orlando Magic could be playing the Boston Celtics, and oddsmakers have set the total line at 210.5. If you believe the two teams will combine to score fewer than 210.5 points, you would bet on the under. However, if you think both teams could combine to exceed 210.5 points, you’d take the over.

Dive into the detailed rules surrounding NBA betting at legal online sportsbooks here:

• NBA betting rules

Line shopping for best NBA odds

The odds for a specific bet can vary from sportsbook to sportsbook. If you look at the board and notice a bet you’d like to place, you could shop around at various sportsbooks and place the bet at the one with the best lines or odds. While the numbers will likely be close, even small differences can end up looming large.

Lines may change for a variety of reasons, and sportsbooks will adjust their numbers based on how much money is going to one side. If one team’s point spread is receiving a high percentage of betting money, sportsbooks will react by trying to get bettors to take the other side to even it out. This is the sportsbooks’ way of minimizing risk.