Before you fork out your hard-earned cash, it pays to understand what you're actually betting on. Here's the lowdown on the main markets.
Moneyline Bets
The simplest bet going: pick who wins the game outright.
American odds can confuse newcomers, so here's the quick version. Negative odds mean the favourite - you'd need to stake £150 to win £100 profit at -150 (1.67 decimal). Positive odds mean underdog status - a £100 bet at +130 returns £130 profit (2.30 decimal). Most UK bookmakers display decimal and fractional odds too, so you can use whatever format feels most comfortable.
Think of it like a match result bet in football - straightforward.
Point Spread (Handicap Betting)
This levels the playing field by giving one team a points advantage or disadvantage.
Say the Lakers are -3 and the Celtics are +3. If you back Lakers -3, they need to win by more than 3 points. Back Celtics +3 and they can win outright or lose by fewer than 3 points. It works similarly to Asian handicap betting in football, and it makes for more balanced propositions when there's a clear favourite.
Totals (Over/Under)
You're betting on whether the combined score goes over or under a specified line. With a line at 220.5 points, Over needs 221 or more combined points, Under needs 220 or fewer.
Winning Margin Bets
Predict the exact winning margin, typically split into 1-10 points, 11-20 points, 21-30 points, or 31+ points. These offer juicier odds but require far more precision.
Double Result
Like football's half-time/full-time market - you're betting on who leads at half-time AND who wins the game. Lots of possible combinations, from Lakers / Lakers to Celtics / Lakers.
NBA Prop Bets
These are bets on specific player or team achievements that don't depend on the final result. Popular options include first team to 20 points, whether a player scores 30+, total three-pointers made, who scores first, or individual player rebounds and assists. Props add plenty of excitement if you're more interested in specific performances than the outcome.
Parlays and Accumulators
Combine multiple bets into one, with all selections needing to win for the payout. UK punters call these "accas," and they're particularly popular during the Finals when people combine different games or markets for bigger returns.