NBA basketball odds and basketball betting lines updated multiple times daily. Includes updated point spreads, money lines, and totals lines.

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• NBA Odds & 2021 NBA Betting Lines. The NBA Finals is the championship series of the National Basketball Association. The Eastern and Western conference champions play a best-of-seven game series to determine the league champion. The winners of the Finals are the NBA Champions and are awarded the Larry O'Brien Championship Trophy (NBA Playoffs.

NBA POINT SPREADS EXPLAINED:

The point spread – commonly referred to as “the spread” – is the number assigned by the sportsbooks to represent the point difference between two teams for betting purposes. The goal of the spread is not to project how many points that a certain team is going to win by. Instead, the point spread is meant to create a situation where half the wagers that come in on a game are on one team while the other half are on the other. (This is called “balanced action”).

The team with the negative number is considered the favorite. (Example: -7.5) The team with the positive number is considered the underdog or “dog”. (Example: +7.5)

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The team that is the favorite needs to win the game by more than the assigned point spread value in order to cash the ticket. For example, if the Boston Celtics are -3.5 against the New York Knicks they need to win by four or more points to beat the point spread. Conversely, a bettor taking the underdog Knicks in this example needs New York to either win outright or lose by three or fewer points.

NBA MONEYLINE EXPLAINED:

A moneyline wager in an NBA game is a bet on which team will win the game outright, independent of the point spread.

The favorite in a game has a negative moneyline (example: -160). The underdog has a positive moneyline (example: +125). The odds represent the payouts on a $100 wager. So for a favorite at -160 the bettor would wager $160 to win $100. For an underdog at +125 the bettor would wager $100 to win $125.

Again, moneyline bettors are simply trying to pick which team will win the game. The moneyline is the agreed upon payout of the wager.

NBA TOTALS or OVER/UNDER EXPLAINED

NBA totals are a bet on the total combined number of points that both teams will score in a given game.

You can bet totals ‘over’ or ‘under’. If you are betting ‘over’ then you are betting that the combined number of points from the teams will exceed the posted total. If the posted total is 205.5 and you bet ‘over’ then you wagering that 206 or more combined points will be scored. If you are betting ‘under’ 205.5 then you are hoping for 205 or fewer combined points to be scored.

All points scored in overtime count towards the totals wager. If the total number of points scored ends up being exactly the same as the posted total (for instance a 104-100 game with a total of 204.0) it is considered a ‘push’ (a tie) and the bet is refunded.

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NBA FUTURES EXPLAINED:

NBA futures are wagers on eventual results regarding certain teams. For example, a NBA championship futures wager is a bet on which team will win the NBA title in June. Other types of NBA futures wagers can involve the number of wins that a team achieves during the season, betting on which team wins their specific division, or betting on which team will win the conference title.

The odds on NBA futures wagers are generally expressed similar to a moneyline. For example, the Bulls could be posted at +1800 to win the NBA championship. That means that a $100 wager would yield $1,800 if Chicago won the NBA championship.

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• Point Spread: Commonly called the line or spread, it is the number chosen by Las Vegas and overseas oddsmakers that they feel will get an equal number of people to wager on the underdog as on the favorite. The negative value (-10.5) means the team is favored by 10.5 points. The positive value (+10.5) indicates an underdog of 10.5 points. In this instance, the favored team must win by at least 11 points to cover the spread. The underdog team can lose by 10 points and still cover the spread.

• Total: Known as the over/under, common wisdom says it is how many points oddsmakers feel will be scored in an NBA game by both teams combined. If you wagered under 197.5, you want the combined score of both teams to less than 197 (example 100-96).

• Money Line: Commonly used as a baseball and hockey wagering tool, basketball moneylines are popular for picking underdogs. There is no point spread linked to the moneyline. So the team you bet on only has to win the game, not win by a certain number of points. The negative value indicates the favorite, just like a point spread (-170) and the positive value means an underdog (+150). If you picture the number 100 sitting in the middle of these two values, moneylines are easier to comprehend.

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• Futures: Betting on a future event (such as which team will win the NBA title) is called future betting. Oddsmakers will update future odds during the year, shortening the odds for good teams on hot streaks and lengthening odds for slumping teams with injury problems. Example: the NBA top team could be +170 to win the championship. This translates to a $100 wager paying out a $170 profit if that team wins. A lousy team might be +2000, making a $100 wager pay out a whopping $2,000 as a longshot.