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NBA

How a revamped NBA season would impact the betting market

How a revamped NBA season would impact the betting market

The to-be-determined format for the remainder of the NBA's regular season and playoffs will have a profound impact on the betting market.

Marcus DiNitto
Managing Editor
BetChicago
//images.ctfassets.net/p0ykbbcw3bn6/7jTOkS1236ac6oAkSA2QWI/90a579263cb1f0ecc767e87394090005/600327_4221717029514_313732906_n.jpg
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@MarcusDiNitto
Marcus DiNitto is managing editor of BetChicago, overseeing the editorial direction of the company and making sure it aligns with the company's broader strategies and objectives. He has held ME roles at SportsBusiness Daily, Sporting News and The Linemakers. Marcus has an MBA from UNC-Charlotte.
The NBA is “determined” to crown a champion this season, a source told the New York Post, but the to-be-determined format for the remainder of the regular season and playoffs will have a profound impact on the betting market. Futures odds are still posted at sportsbooks around the country and remain [mostly unchanged](https://www.betchicago.com/lakers-nba-odds-wins-bucks-clippers) since commissioner Adam Silver decided to postpone the season on March 11 due to the spread of the Coronavirus. Futures bettors should be mindful, however, that the postseason tournament is likely to look much different than the traditional format. The Post’s Marc Berman [reports](https://nypost.com/2020/03/30/the-playoff-scenarios-nba-is-discussing-for-hopeful-return/) the entirety of the playoffs could be held at one venue, sans fans. While 16 teams would qualify, the playoffs “could be reduced to a slew of best-of-three series across the board.” Jeff Sherman, vice president of risk management at the Westgate SuperBook, tweeted mock odds for the eight playoff series based on the current standings. These series are *not* available for wagering and were priced based on traditional playoff conventions – seven-game series, the higher seeded team having home-court advantage, and spectators being allowed in the arenas. “Will have to adapt to changes when they are announced, thought we would give something for people to ponder at least," Sherman [wrote](https://twitter.com/golfodds/status/1244448454912274432) on Twitter. Translation: Expect a tightening of these lines, since a shorter series on a neutral court mitigates some of the favorite’s edge. The Pacers, for example, figure to be shorter than +180 should they meet Miami in a three-game series at UNLV (one of the potential venues floated). Also, the sixth-seeded 76ers would be favored over No. 3 Boston, as oddsmakers price that series a pick ‘em based on the traditional format. <a href="https://twitter.com/golfodds/status/1244359250194784258" class="embedly-card" data-card-width="100%" data-card-controls="1">Embedded content: https://twitter.com/golfodds/status/1244359250194784258</a> As for the regular season, completing the 82-game schedule appears impossible at this point. But even if *no* more games are played, several teams’ win totals have been decided. Based on closing numbers at the Westgate, the Thunder, Grizzlies and Hornets have already gone OVER their win totals, while the Trail Blazers, Pistons and Warriors would stay UNDER even if they were to win the remainder of their 82 games. While New Jersey gaming regulators [issued guidance](https://www.nj.gov/oag/ge/docs/SportsBetting/NOTICETOOPERATORS_PendingWagersGuidance_03132020.pdf) to operators saying bets that are mathematically official should be graded, rules stipulating "82 games must be played for action" remain in effect at the Westgate and South Point, bookmakers at those shops tell BetChicago. Likewise, win total bets at U.S. Bookmaking’s locales in New Mexico will all be refunded, Robert Walker said in a text message. Caesars will adhere to the guidelines in New Jersey, but win total bets in all other states will be refunded. Bookmakers at Circa Sports have yet to discuss a plan for how these wagers will be handled, sportsbook director Matt Metcalf said in direct message. Here’s a snapshot of the NBA betting market as the league navigates its way out of the hiatus, per current futures odds and closing win totals at the Westgate. “Max wins” is based on an 82-game season. <style type="text/css"> table.tableizer-table { font-size: 12px; border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; } .tableizer-table td { padding: 4px; margin: 3px; border: 1px solid #CCC; } .tableizer-table th { background-color: #104E8B; color: #FFF; font-weight: bold; } </style> <table class="tableizer-table"> <thead><tr class="tableizer-firstrow"><th>Team</th><th>Odds</th><th>W</th><th>L</th><th>max wins</th><th>win total</th></tr></thead><tbody> <tr><td>LAL</td><td>2/1</td><td>49</td><td>14</td><td>68</td><td>50</td></tr> <tr><td>LAC</td><td>+275</td><td>44</td><td>20</td><td>62</td><td>52.5</td></tr> <tr><td>MIL</td><td>3/1</td><td>53</td><td>12</td><td>70</td><td>57.5</td></tr> <tr><td>TOR</td><td>20/1</td><td>46</td><td>18</td><td>64</td><td>46.5</td></tr> <tr><td>BOS</td><td>20/1</td><td>43</td><td>21</td><td>61</td><td>49.5</td></tr> <tr><td>HOU</td><td>20/1</td><td>40</td><td>24</td><td>58</td><td>54.5</td></tr> <tr><td>DEN</td><td>30/1</td><td>43</td><td>22</td><td>60</td><td>53.5</td></tr> <tr><td>PHI</td><td>30/1</td><td>39</td><td>26</td><td>56</td><td>55</td></tr> <tr><td>UTA</td><td>40/1</td><td>41</td><td>23</td><td>59</td><td>53.5</td></tr> <tr><td>DAL</td><td>40/1</td><td>40</td><td>27</td><td>55</td><td>42.5</td></tr> <tr><td>BKL</td><td>50/1</td><td>30</td><td>34</td><td>48</td><td>42.5</td></tr> <tr><td>MIA</td><td>60/1</td><td>41</td><td>24</td><td>58</td><td>44.5</td></tr> <tr><td>NOP</td><td>80/1</td><td>28</td><td>36</td><td>46</td><td>36</td></tr> <tr><td>IND</td><td>100/1</td><td>39</td><td>26</td><td>56</td><td>46.5</td></tr> <tr><td>OKC</td><td>100/1</td><td>40</td><td>24</td><td>58</td><td>33</td></tr> <tr><td>POR</td><td>100/1</td><td>29</td><td>37</td><td>45</td><td>46</td></tr> <tr><td>MEM</td><td>500/1</td><td>32</td><td>33</td><td>49</td><td>27.5</td></tr> <tr><td>SAS</td><td>2,000/1</td><td>27</td><td>36</td><td>46</td><td>45.5</td></tr> <tr><td>ORL</td><td>2,000/1</td><td>30</td><td>35</td><td>47</td><td>43</td></tr> <tr><td>SAC</td><td>2,000/1</td><td>28</td><td>36</td><td>46</td><td>38.5</td></tr> <tr><td>WAS</td><td>10,000/1</td><td>24</td><td>40</td><td>42</td><td>26.5</td></tr> <tr><td>PHX</td><td>OFF</td><td>26</td><td>39</td><td>43</td><td>30</td></tr> <tr><td>CLT</td><td>OFF</td><td>23</td><td>42</td><td>40</td><td>22.5</td></tr> <tr><td>CHI</td><td>OFF</td><td>22</td><td>43</td><td>39</td><td>34.5</td></tr> <tr><td>NYK</td><td>OFF</td><td>21</td><td>45</td><td>37</td><td>27.5</td></tr> <tr><td>DET</td><td>OFF</td><td>20</td><td>46</td><td>36</td><td>38</td></tr> <tr><td>ATL</td><td>OFF</td><td>20</td><td>47</td><td>35</td><td>34</td></tr> <tr><td>CLE</td><td>OFF</td><td>19</td><td>46</td><td>36</td><td>23.5</td></tr> <tr><td>MIN</td><td>OFF</td><td>19</td><td>45</td><td>37</td><td>36</td></tr> <tr><td>GSW</td><td>OFF</td><td>15</td><td>50</td><td>32</td><td>46.5</td></tr> </tbody></table> __Bookmark us__: [NBA betting coverage](https://www.betchicago.com/nba-betting)
2020-03-31T18:11:21.426Z2020-03-31T14:11-04:00
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      <div><p>As legalized sports betting expands, so too are the wagering options available to gamblers. Sportsbooks are getting more and more creative in what they’re posting on their oddsboards. While traditional pre-event bets – such as point spreads, moneylines and totals – remain popular, live betting is become a larger part of the sports betting experience.  Also, prop bets aren’t just for the Super Bowl anymore. In fact, there are props to wager on for practically any sporting event around the world.</p><p>Whether it’s on the <a href="https://www.betchicago.com/nfl-betting">NFL</a>, <a href="https://www.betchicago.com/college-football-betting">college football</a>, <a href="https://www.betchicago.com/mlb-betting/home">MLB</a>, <a href="https://www.betchicago.com/nba-betting">NBA</a>, <a href="https://www.betchicago.com/ncaa-basketball-betting">NCAA basketball</a>, <a href="https://www.betchicago.com/nhl-betting">NHL</a>, <a href="https://www.betchicago.com/soccer-betting">soccer</a>, <a href="https://www.betchicago.com/nascar-betting">NASCAR</a>, <a href="https://www.betchicago.com/ufc-betting">UFC</a>, <a href="https://www.betchicago.com/boxing">boxing</a>, <a href="https://www.betchicago.com/horse-racing-odds">horse racing</a>, <a href="https://www.betchicago.com/tennis-odds">tennis</a>, entertainment or eSports, it’s difficult to win long term betting on sports. That’s why it’s important to read up on the news that impacts the markets, dig deep into advanced statistics and hear from oddsmakers about how and why lines are moving.</p><p>Here at BetChicago, we follow sports betting from a national and even international perspective, but we put a special emphasis on Chicago, Illinois and the Midwest region. That means, for example, if you’re interested in where the futures odds of the <a href="https://www.betchicago.com/bears-betting">Bears</a>, <a href="https://www.betchicago.com/cubs-betting-odds">Cubs</a>, <a href="https://www.betchicago.com/white-sox-betting-odds">White Sox</a>, <a href="https://www.betchicago.com/bulls-betting-odds">Bulls</a> and <a href="https://www.betchicago.com/blackhawks-betting-odds">Blackhawks</a> stand, look no further. If you want insight and analysis about the betting lines for <a href="https://www.betchicago.com/big-ten-football-betting-odds">Big Ten football</a> or <a href="https://www.betchicago.com/big-ten-college-basketball-betting-lines-odds-trends-predictions">basketball</a> or <a href="https://www.betchicago.com/notre-dame-football-odds-betting">Notre Dame</a> sports, you’re at the right place.</p></div>