NBA Odds: Calculating Probability of Winning

When it comes to calculating the probability of a team to win – there isn’t really a rule for American odds because it is one of the newer odds formats, so to calculate your probability of winning your bet, you will need to convert your odds to decimal.

  • For positive odds (underdog NBA odds) let’s say +200: 1 + (odds / 100) = 1+(200/100) = 3.0
  • For negative odds (favored boxer’s odds) -200: 1 – (100 / 200) = 0.5

Now that you have your decimal odds, we can help you calculate your winnings and implied probability:

Decimal NBA Betting Odds

Decimal NBA odds are way more common in European countries, but in the United States, it’s way more common to use American – for obvious reasons. It’s easier to calculate your American odds by converting them to decimals, especially when trying to calculate the probability of winning.

To calculate your potential winnings when using decimal odds, you need to take your odds, multiply them by your stake, and then subtract the stake.

  • 3.0 odds would be calculated as (3.0 * $10) – $10 = $20 in winnings
  • 1.25 would be (1.25 * $10) – $10 = $2.50

To calculate your implied probability of winning, you will need to divide 1/decimal odds which is 1/ 3.0. This gives an implied probability of 3.33%. Implied probability is an important part of your NBA betting strategy and will help you improve your chances of winning in the long term.

NBA moneyline

Fractional NBA Betting Odds

This is where your grade school math class can come in handy: in fractional NBA betting odds. If you see a fractionated number, like 10/1 on the odds board, this means a team has a ten to one chance of winning the game. This way, you can also calculate their probability of winning – from the fractional NBA odds.

The formula looks like this: B/(A+B) = %

For example, if the NBA betting odds are set for a game and the team has 8/1 odds to win, there is an 11% chance they will win the game.

1/(8+1) = .11 (11%)

Or, if a team has 1/4 odds to win the match, that can be calculated like so – 4/(4+1) = 0.80 (80%) This team is favored and will likely win the game.

So, how much will you win on fractional NBA betting odds? It’s pretty simple – for every value on the right side of the fraction you wager, you will win the left.

So, 9/1 odds – for each $1 wagered, you will win $9.

1/4 odds – for each $4 wagered you win $1.

Odds to win nba

🏀 NBA
#TEAMPlayedWinsLoosesPFPA+/-
Western Conference
1Oklahoma City Thunder67472080897577512
2Minnesota Timberwolves68472177047248456
3Denver Nuggets68472177987494304
4Los Angeles Clippers67422578047545259
5New Orleans Pelicans67412677827437345
6Sacramento Kings6739287909783970
7Phoenix Suns68392979527791161
8Dallas Mavericks6839298079798990
9Los Angeles Lakers69373281058113-8
10Golden State Warriors67353279267825101
11Houston Rockets6732357587753651
12Utah Jazz68293979698203-234
13Memphis Grizzlies69234673067759-453
14Portland Trail Blazers68194973237872-549
15San Antonio Spurs68155376408144-504
Eastern Conference
1Boston Celtics68541482277435792
2Milwaukee Bucks68442482087975233
3Cleveland Cavaliers68432577197443276
4New York Knicks68412776197337282
5Orlando Magic68402875307415115
6Philadelphia 76ers68383078097638171
7Indiana Pacers69383184758345130
8Miami Heat6837317463743033
9Chicago Bulls69343577307835-105
10Atlanta Hawks68303880958232-137
11Brooklyn Nets68264275967758-162
12Toronto Raptors68234577298024-295
13Charlotte Hornets68175172637937-674
14Detroit Pistons68125675958164-569
15Washington Wizards68115777418432-691
Atlantic
1Boston Celtics68541482277435792
2New York Knicks68412776197337282
3Philadelphia 76ers68383078097638171
4Brooklyn Nets68264275967758-162
5Toronto Raptors68234577298024-295
Southeast
1Orlando Magic68402875307415115
2Miami Heat6837317463743033
3Atlanta Hawks68303880958232-137
4Charlotte Hornets68175172637937-674
5Washington Wizards68115777418432-691
Central
1Milwaukee Bucks68442482087975233
2Cleveland Cavaliers68432577197443276
3Indiana Pacers69383184758345130
4Chicago Bulls69343577307835-105
5Detroit Pistons68125675958164-569
Northwest
1Oklahoma City Thunder67472080897577512
2Minnesota Timberwolves68472177047248456
3Denver Nuggets68472177987494304
4Utah Jazz68293979698203-234
5Portland Trail Blazers68194973237872-549
Pacific
1Los Angeles Clippers67422578047545259
2Sacramento Kings6739287909783970
3Phoenix Suns68392979527791161
4Los Angeles Lakers69373281058113-8
5Golden State Warriors67353279267825101
Southwest
1New Orleans Pelicans67412677827437345
2Dallas Mavericks6839298079798990
3Houston Rockets6732357587753651
4Memphis Grizzlies69234673067759-453
5San Antonio Spurs68155376408144-504
Last update on Mar 19, 2024 04:15 AM

Top NBA Betting Options

Now that you understand basic odds calculations and can understand the NBA Las Vegas betting lines, we can look at a few of the top NBA betting options before you get started.

NBA Moneyline Odds

The most simple betting type you can lay down in terms of NBA betting is the moneyline. It’s simple and easy to understand and great for new bettors. Your job is to determine which team will win the game - that’s it.

If the Warriors and Lakers are playing, and their odds look like:

  • Golden State Warriors -300
  • LA Lakers +120

If you want to bet on the Lakers, you can calculate their probability like so:

1 + (odds / 100) = 1+(175/100) = 2.75

Now that you have your decimal odds, you will calculate your implied probability by dividing 1 /2.75 = 0.36 (3.6%)

Low chance of winning, but let’s calculate the winnings on a $50 wager.

(2.75* $50) - $10 = $87.50 in winnings

NBA Point Spread Odds

Point spreads are extremely popular in the NBA, and almost any of the main professional sports. Point spreads are intended to give the underdog an imaginary advantage or level the playing field in games that are one-sided. Your oddsmaker or sportsbook will decide who the favored team is, and determine the spread based on how those two teams match up.

The spread tells you how many points a team must win or lose by, depending on which side you’re betting on. If you choose the favorite, their spread will be a negative number, and they must win the game by that amount. If you choose the underdog, they must lose by less than that number or win the game.

The odds can be calculated like any other wager, most times the odds will be fairly low, as you took most of the risk out by choosing the point spread.

NBA wagering

NBA Totals Odds

If you’re looking at the NBA basketball betting lines and you aren’t leaning toward a particular team or just aren’t familiar enough with one team or the other to make an educated wager, you can always bet the totals or the over/under as it’s commonly referred to as. Totals betting is very simple, and you don’t have to choose one team over another - you simply have to decide if the total amount of points scored by both teams collectively will be over or under the oddsmaker’s line.

The totals will have odds like -110 attached to it, based on the bets coming in leading up to the game. The odds won’t stray too far from the -110 or -105 range as the totals bet is fairly safe, and way less risky than other options.

Top Online Sportsbooks for NBA Betting Odds

If you’re looking for the best NBA betting odds, look no further. We have a great selection of the top online sportsbooks that operate offshore, so they aren’t illegal to use in the United States. Many people are fearful of scam betting sites or feel that offshore sportsbooks aren’t legitimate, but we ensure that any sportsbook listed on OnlineSportsBetting is safe and secure.

Offshore sportsbooks provide the best NBA betting odds, superior NBA bonuses, and the best selection of props and futures for NBA betting.

To ensure you get the most out of your NBA betting experience, be sure to read plenty of sportsbook reviews, and only sign up at trusted sportsbook sites recommended by our experts at OnlineSportsBetting.


NBA Betting Odds FAQs