The NBA Finals is the premier event in professional basketball. Sportsbooks — and their respective mobile apps — calculate each NBA team’s odds and adjust them throughout the season in relation to how they’re performing and developments that unfold throughout the year.
The Milwaukee Bucks are the reigning NBA champions, and they’re among the favorites to win the 2021-2022 NBA Finals. However, the Brooklyn Nets, Golden State Warriors, and Phoenix Suns own similarly short odds — or significantly shorter in some cases. And of course, some people love to bet on the long shots, such as the most popular team in Maryland, the Washington Wizards.
Learn everything you need to know about the NBA Finals odds here.
Current NBA Finals Odds
Generally speaking, there will be similarities across the available in-state sportsbooks. However, bettors — prospective, novice, and experienced — are encouraged to download and utilize multiple books in order to land the best odds. Case in point, the Brooklyn Nets own the shortest odds on FanDuel (+260), DraftKings (+245), and BetMGM Sportsbooks (+250).
The difference between the Nets’ odds at FanDuel and DraftKings for the NBA Finals may seem minor. Is it really necessary to have multiple sportsbook apps for such a modest difference in odds? While a difference of 10 or 15 may feel negligible, over the long run, taking advantage of value between books can lead to more success over time for those looking to turn sports gambling into a regular hobby or practice.
Bettors new to the industry may think success starts and ends with winning a bet. However, long-term success requires attention to value that can be obtained within the margins.
Can I Bet On The NBA Finals Online In Maryland?
Considering the magnitude of the NBA Finals, finding odds on the championship series won’t be difficult for bettors in states where mobile sports betting is legal. Not every app is currently available in each state that has legalized and launched, but bettors will generally have multiple choices in their state. The following states have legalized online betting: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, Nevada, New Jersey, New York, Pennsylvania, Tennessee, Virginia, Washington DC, West Virginia, and Wyoming.
All in all, bettors will find similar experiences across the various apps that are available to them. However, by keeping multiple sportsbook apps in the rotation, bettors can cover their bases when it comes to subtle differences across features and securing the best odds at the moment of a wager.
- Bonus Offer: BetRivers Sportsbook isn’t a leader in the industry when it comes to a welcome bonus, but it’s helpful nonetheless. Those new to the app are entitled to a $250 deposit match.
- Bonus Offer: FanDuel Sportsbook offers new users a 20 percent bonus match up to $500 upon the first deposit. It’s not the best in the industry, but it’s competitive among much of the field.
- Bonus Offer: BetMGM has one of the top bonus offers in the industry. New users can receive a risk-free bet up to $1,000. If a user loses his or her initial wager, it will be refunded in the form of site credit.
- Bonus Offer: DraftKings Sportsbook offers a $50 free bet with as little as a $5 deposit. DraftKings also offers a 20 percent deposit match bonus up to $1,000. Like FanDuel, DraftKings is finding success in the mobile betting industry after taking off as a Daily Fantasy Sports heavyweight.
- Bonus offer: PointsBet has one of the top bonus offers in the industry. Bettors new to the sportsbook app can claim up to $2,000 in risk-free bets. This bonus is distributed across two wagers.
How To Place Online NBA Finals Bets
Maryland bettors in the market for an NBA Finals bet will first need to choose the book(s) through which they’ll place a wager or wagers. There are a lot of sportsbooks available for bettors new to the industry. It’s recommended to utilize multiple books, but at least one must be chosen in order to begin.
The next step is to register for an account. Bettors will be required to provide personal information in order to verify identity and location before registration can be finalized.
Once completely registered, a bettor can make an initial deposit. Be sure to understand what a sportsbook’s bonus offer is before submitting money. Bonus offers are typically reserved for an initial offer, so bettors will only have one chance to claim its full value. Deposit options vary across sportsbooks, but most allow deposits via bank transfers, credit and debit cards, Play+ cards, VIP Preferred e-checks, and PayPal.
Withdrawals can be requested via several of the same methods through which a deposit is made. It may take three to five business days before the money becomes available.
How NBA Finals Betting Odds Are Calculated
NBA Finals betting odds are dynamic and fluctuate throughout the entire year based on a number of factors. Big events such as a major signing, blockbuster trade, or significant injury will spark a chance in a team’s futures odds.
The Washington Wizards are +18000 on FanDuel Sportsbook to win the NBA Finals, so they’re a longshot to say the least.
Sportsbooks post odds from game to game as well. The most popular odds in the US are referred to as “money line” odds in which the number is accompanied by a minus (-) sign to indicate the favorite or a plus (+) sign to indicate the underdog.
If the Washington Wizards are playing the reigning NBA champion, Milwaukee Bucks, they’ll be an underdog, perhaps +130 for example. In this case, a bettor would pay $100 for the opportunity to net $130 in the event of a Wizards win. However, if the Wizards are facing the Orlando Magic, they may draw -130 odds as the favorite. In this case, a bettor would put up $130 for the chance to net $100 after a Wizards victory.
From game to game, small events can spark a significant change. For example, if Bradley Beal is ruled out for the night’s game, the Wizards will see their odds lengthen, but a short absence won’t further lengthen their NBA Finals chances in the eyes of oddsmakers.
NBA Finals Odds And Betting
NBA fans looking to add some excitement with some bets will have a number of options. In addition to money line wagers, futures, and prop bets present an appealing path through which sports bettors can take in the action on the hardwood.
What Is An NBA Futures Bet?
Futures bets involve the odds of a team winning the NBA Finals. Professionals at sportsbooks will set the odds for individual teams to win it all. They’ll also produce odds for the postseason matchups leading up to the NBA Finals. Significant events such as the formation of a “super team”, blockbuster trades, or long-term injuries to key players will influence the odds set forth by the sportsbooks.
What Is An NBA Prop Bet
Prop bets can be a lot of fun for bettors who are looking for ways to enjoy the action beyond wins and losses. Prop bets are based on the occurrence of a particular event and can be focused on a team or an individual player. Bettors may have to place a wager on what team will win the opening jump ball. Or they may be able to pick the Over or Under on total points, rebounds, and assists a specific player will collect in a game.
Additionally, prop bets can be for a single game, a playoff series, or the entire season. Bettors can place a prop bet on Player A winning MVP or Player X winning Rookie of the Year.
Strategies For NBA Finals Betting In MD
There isn’t a widely available “playbook” for those looking to venture into sports gambling. However, there are a few key points to keep in mind to maximize enjoyment and perhaps finish the season with a profit.
Bet Within Your Means
First and foremost, prospective bettors should make sure they’re gambling responsibly. It can be easy to become enticed by large potential payouts, and tempting to chase what seems like a quick and easy infusion of cash. However, there are far more people who have landed in financial trouble from over-betting than those who are able to make a pseudo living out of sports betting. Especially for those new to the industry, it’s a good idea to explore it as a hobby as opposed to a source of income.
Options Provide Value
Many veteran sports bettors will tell you that success is found within the margins. It’s not a glamorous “secret” to profitability, but bettors are encouraged to shop around the various sportsbook apps available to them. Odds on different sportsbook apps will ultimately land on a very similar — or identical — number as a contest draws near. However, from the point that the odds open and the event begins, bettors can find small pockets of value. For instance, upon opening, the line on a game may be 3 points. A vigilant bettor may be able to find 3.5 or 2.5 by shopping around for different odds. This extra attention can play a significant role in a bettor’s overall success.
Quality Over Quantity
One of the factors that will determine how an oddsmaker adjusts the price on a contest is the money that’s coming on either side. However, not all bets — even big ones — are created equal. A run-of-the-mill sports fan who decides to put $5,000 on the Brooklyn Nets to win the NBA Finals won’t have the same influence as a “sharp” bettor who places the same wager. Understanding the sources of wagers can provide valuable insight for bettors.
Betting Odds For The NBA Finals FAQ
Yes. People can bet on the NBA Finals in states that allow sports betting. The list of states in which mobile sports betting has been legalized and launched continues to grow.
Considering the popularity and global appeal of the NBA, it won’t be difficult to find apps through which a bet on the NBA Finals can be made. That includes futures wagers and bets on individual games and playoff series.
A bettor needs to be 21 years old in order to legally place a bet. That includes wagers on the NBA Finals and all other events.
Betting online is arguably the safest method through which to place a bet. Online sportsbook apps are regulated by state governments, so the pitfalls that exist through unregulated — and illegal — methods are less likely. And whereas someone betting offshore won’t have support in the event of an issue, legal online sportsbooks provide much better customer service.
Those looking for live betting will want to check on each individual app. Live betting is a popular feature that more sportsbook apps are offering to their users. This feature will likely be available for the NBA Finals on the platforms that provide it.
Prop bets are often most plentiful during one-off events such as the Super Bowl or NBA All-Star game. However, prop bets are becoming more widespread and will likely be available to those looking for them during the NBA Finals. If other sports are any indication, bettors will be able to find team and player-related prop bets during the playoffs.
Off-the-court happenings are not as plentiful as on-court events when it comes to placing wagers. One of the most common “off field” bets is the length of the national anthem during the Super Bowl. The NBA Finals is a major event, but it’s not a one-off game that lends itself to the same degree of production. Sportsbooks and their apps are constantly competing with one another and pushing to satisfy its users though, so it’s worth poking around various apps if off-the-court bets are of particular interest.
The Brooklyn Nets currently own the shortest odds at most sportsbooks. There are a number of teams with a strong chance to win it all according to the odds though. The Golden State Warriors, defending-champion Milwaukee Bucks, Phoenix Suns, and Utah Jazz are included among the favorites to compete for the NBA title.
The 2022 NBA Finals tip off on Thursday, June 2, and will conclude on Sunday, June 19 in the event of a seven-game series.