NBA Betting 2022-23 Guide

Posted by Arthur Crowson . Last updated:

LeBron James’ 20th NBA season is off to a clunky start as the Los Angeles Lakers continue to work on team chemistry and winning ball games. However, the game’s next era of superstars like Ja Morant, Zion Williamson and Donovan Mitchell have their squads heading in the right direction. With the regular season finally underway, 2022-23 NBA futures odds are on the board. Our basketball betting guide covers the best NBA online sportsbooks, how to bet on the NBA, different basketball bet types and some NBA betting tips.

Best NBA Betting Sites for US Players

Our experts have compiled a list of the industry’s best NBA online betting sites:

How to Bet on NBA Basketball

Want to learn basketball betting basics? Basketball is one of the most popular sports to bet on, with events like March Madness and the NBA Championship drawing in international attention.

How To Read NBA Odds

New NBA bettors should be able to pick up how odds work in no time. Here’s a real NBA matchup example and odds breakdown for the game.

Teams Point Spread Moneyline Point Total
Utah Jazz -4.5 -190 OVER 226.5
Brooklyn Nets +4.5 +165 UNDER 226.5

So, in this NBA betting table, you’ll see the Jazz are 4.5-point FAVORITES, indicated by the minus prefix. On the flip side, the Nets are 4.5-point underdogs indicated by the plus prefix. If you were to bet on the Jazz to cover the spread, Utah would need to win by 5-or-more points, while a bet on the Nets would need to see Brooklyn loose by 4-or-fewer OR win outright.

The moneyline odds are easy to digest. At -190, a bet on the Jazz to win pays $100 for every $190 wagered should Utah beat the Nets outright. If you like the Nets to pull the upset, a $100 wager pays $165 in the case of a Brooklyn victory. Note: $165 is profit + you recoup your initial $100 bet.

Finally, the point total is self-explanatory. If you bet the OVER, you want the Jazz and Nets to combine for 227-or-more points. If you bet the UNDER, you want the Jazz and Nets to combine for 226-or-fewer points. NBA online betting is that easy.

Still not sure where to start? Finding some expert NBA picks is a great strategy.

NBA Online Betting Odds

Find the latest 2022-23 NBA betting odds here and check out the best online sportsbooks.

2023 NBA Championship Odds

Despite a dramatic offseason that saw their head coach suspended for the entire 2022-23 NBA slate, the Boston Celtics are the early odds favorite to win the 2023 NBA championship at +575. Reigning champs, Golden State, check in at 6-to-1 odds to raise another banner, while the Los Angeles Clipper are finally at full strength with Paul George and Kawhi Leonard both healthy plus the addition of John Wall off the bench. The Bucks and Nets round out the top five NBA champion favorites after the first week of the season at +750 and +850, respectively. In a funny twist, LeBron’s Lakers boast the same odds to win a title as do the up-and-coming Cleveland Cavaliers at 33-to-1.

Team Odds to Win NBA 2022-23 Championship
Boston Celtics 575
Golden State Warriors 600
Los Angeles Clippers 700
Milwaukee Bucks 750
Brooklyn Nets 850
Phoenix Suns 1200
Denver Nuggets 1400
Philadelphia 76ers 1600
Miami Heat 2000
Dallas Mavericks 2200
Memphis Grizzlies 2200
New Orleans Pelicans 2500
Minnesota Timberwolves 2800
Cleveland Cavaliers 3300
Los Angeles Lakers 3300
Atlanta Hawks 5000
Toronto Raptors 5000
Chicago Bulls 6600
Portland Trail Blazers 8000
New York Knicks 10000
Charlotte Hornets 20000
Utah Jazz 25000
Washington Wizards 25000
Sacramento Kings 30000
Detroit Pistons 50000
Oklahoma City Thunder 50000
Orlando Magic 50000
San Antonio Spurs 75000
Houston Rockets 100000
Indiana Pacers 100000

Odds subject to change

2022-23 NBA MVP Odds

Doncic NBA MVP odds

Luka Doncic (+400)

Still only 23 years old, the Mavericks franchise player has Dallas headed in the right direction come playoff time. If only the Warriors weren’t in the Western Conference, right? Doncic nearly averaged a triple-double last season at 28 points, 9 rebounds and nearly 9 assists per game.

Giannis Anteokounmpo NBA MVP Odds 2021-22

Giannis Antetokounmpo (+700)

Despite the failed attempt at back-to-back NBA titles, Giannis proved once again that he is a perennial MVP favorite. The stat-stuffing “Greek Freak” averaged a career-best 29.9 points per game and lifted his free throw percentage up four points year-over-year. At 27 years old, he’s about to enter the prime of his career.

Boston Celtics Jayson Tatum

Jayson Tatum (+800)

The Celtics franchise player has the resume to be a first-ballot hall of famer, but still seeks that elusive first NBA Championship ring. If he – along with Jaylen Brown – can stitch together a deep playoff run, Boston could add yet another banner to its rafters.

Joel Embiid NBA MVP Odds 2021-22

Joel Embiid (+850)

Some pundits believe Embiid got hosed when he lost the 2022 MVP race to Nikola Jokic. He averaged nearly 31 points and 12 rebounds per game as one of the most versatile big men in the NBA and one, in which, the three-point shot has become most important. Yet, he made less than 1.5 per game.

Ja Morant Memphis Grizzlies

Ja Morant (+900)

It’s early, but at 9-to-1 odds, Ja Morant for NBA MVP appears to be great value at online sportsbook Bovada. Kevin Durant is on record saying that the young Grizzlies point guard is doing things on the court never seen before. His electrifying dunks and accurate shooting have Memphis is great position to make a run in the Western Conference.

NBA Basketball Betting Types

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NBA Point Spreads

Wager on the winning margin

NBA point spread bets involve placing a wager on which team you think will win the game and the points margin by which they’ll win. Simply put, the ‘point spread’ is the number of points by which the favorite team is expected to win.

These point spreads are set by the sportsbook, and will likely vary slightly from site-to-site when you explore NBA online betting.

When basketball betting on the favorite to pay out as a winner, that team must win the game, and do so by more than the amount by which they were favored. This is known as “covering the spread”.

NBA Point Spread Example:

In this NBA betting example, the Lakers are favored to win by 8.5 points over the Warriors. This would be styled as such:

  • LA Lakers (-8.5)
  • Golden State Warriors (+8.5)

The (-) signifies the game’s favorite, while the (+) signals the underdog.

If you bet on the Lakers point spread, you would need them to win by 9-or-more points to win the wager. The Warriors would win the bet if they won outright or lost by 8-or-fewer points. If the Lakers won the game 110-108, the Warriors would “cover the spread” because even though they lost, they did so by fewer than 8.5 points.

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NBA Moneylines

Wager on the overall game winner

An NBA moneyline bet is a type of bet that provides betting odds focused on who will win the game outright rather than by how many points.

A minus sign (-) in front of the odds indicates the favorite and the number listed shows how much money you must wager to win $100. A positive sign (+) in front of the odds indicates the underdog and the number show how much money you will win for a $100 wager.

The more uneven the contest, the bigger the +/- numbers you’ll see.

NBA Moneyline Example:

Let’s say the Lakers have moneyline odds of -250 against the New York Knicks who are +200.

In this NBA betting example, a $100 wager on the Lakers would pay a profit of $40 if they won, while a $100 wager on the Knicks would return a profit of $200 if they won. The bigger the risk, the bigger the reward.

For more on how to read odds, you can always check our guide to sports betting.

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NBA Point Totals

Wager on the total number of points scored in a game (by both teams)

The total, or over-under betting, in an NBA game is a wager on the final combined score of both teams. Like a point spread, this amount is determined by the bookmaker based on matchup, past performance, team averages, etc.

As a bettor, you must choose whether you think the score will be more (“over”) than the set total, or less (the “under”).

NBA Point Total Example:

The Lakers play the Knicks, and the total is set at 199.5. This type of NBA betting wager would typically be listed as such:

Lakers v Knicks (Totals)

  • Over 199.5 (-110)
  • Under 199.5 (-110)

The Lakers win with a final score of 110-100. This is a total combined score of 210, which means the over would pay out.

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LIVE NBA Betting

Wager on a game that’s already in progress

Live NBA bets are where you can bet on basketball games once they have begun.

Generally, multiple live bet types are available for NBA online betting, with sportsbooks offering spreads, totals, & moneyline wagers with odds that update during the game.

NBA Live Betting Example:

Leading up to the game, oddsmakers had the Warriors as heavy favorites and offered a low payout. It’s halfway through the second quarter, and the Lakers are leading the Warriors 20-10.

Now that the Lakers are up by ten points, Golden State has become the heavy underdogs. By NBA betting live, bettors can wager on the Warriors to rally and win with better odds than before.

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NBA Parlays

Combine 2 or more wagers to increase the potential payout

A parlay bet is a single wager placed on the outcome of multiple events. In a parlay, all connected bets must win in order for your wager to pay out. This is a great way to increase the odds – and a bettor’s potential payout – but beware that the risk is much higher when combining bets.

Depending on the sportsbook, online NBA parlays can typically include multiple bet types, whether that’s moneyline, point spreads, over/unders, or more.

NBA Parlay Example:

The Lakers are playing the Knicks and the Warriors are playing the Bulls. You place a parlay bet on the Lakers moneyline and the Warriors moneyline.

In this instance, your wager would pay out only if both the Lakers and the Warriors win their games. If they do, your payout would be your wager size, multiplied by the Lakers odds, multiplied by the Warriors odds.

If any event that your parlay loses, your entire ticket loses.

green calendar icon with a dollar sign on the front

NBA Futures

Bet on the future outcome of an NBA event

Thanks to futures, NBA gurus can put their money where their mouths are with respect to their long-term predictions. NBA futures bets allow bettors to wager on topics like who will win the Finals, who the MVP will be, and who will lead the league in scoring.

These types of wagers are generally open in the pre-season and throughout the year. As you’d expect, the payout odds correspond with the likelihood of an event occurring.

NBA Futures Example:

Here’s an NBA betting futures bet example, chances are that role players like the Cavs Kevin Love will not win an MVP Award. So, his payout odds to win NBA MVP futures bet would be quite high. On the flip side, LeBron James, Nikola Jokic and Giannis Antetokounmpo will be in the mix every year and have a solid chance of winning. Therefore, their odds – and payout – would be much lower as favorites.

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NBA Prop Bets

Wager on something other than the game score

Typically, a prop bet involves betting on the performance of an individual team or player in a game or season.

Props are particularly popular during the Finals, when bettors can wager on things like the length of the pre-game national anthem, or the series MVP

NBA Player Prop Bets

The standard for NBA online betting prop wagers link to the performance of individual players in a given game: How many total points will LeBron have? Which player will have more rebounds? How many threes will Steph Curry hit?

NBA Team Prop Bets

These focus on team performance: how many total games will the Raptors win? Which team will score first? Which team will be the first to score 20 points?

NBA Draft Prop Bets

These props involve which NCAA and NBA G-league players will be selected to which team, the order of draft picks and even what players will wear, drink or say during the televised draft.

More on NBA Bets

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Mobile Sports Betting

Check out the best NBA gambling sites from your iPhone or Android device.

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Real Money Sports Betting

Ready to start basketball betting for money? Check out our favorite real money sportsbooks.

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Safe Sports Betting

If safety is priority number one, we recommend using these trusted NBA sportsbooks.

NBA Expert Betting Tips

Here are some helpful basketball betting tips from Gamble Online’s team of NBA experts.

How to Bet on NBA FAQ

Arthur Crowson

Arthur Crowson writes for about the gambling industry. His experience ranges from crypto and technology to sports, casinos, and poker. He went to Douglas College and started his journalism career at the Merritt Herald as a general beat reporter covering news, sports and community. Arthur lives in Hawaii and is passionate about writing, editing, and photography.

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