To make successful NBA picks and parlays you first need to know how they work, how to build them and what types of markets to include together.
You can build parlay bets with up to 12 to 14 legs depending on your bookmaker, but bearing in mind that one incorrect pick can tank your bet, is this wise? Deciding what your ideal number of legs is should be your first step.
Once you know how many legs you’re comfortable with, choosing your betting markets is the next key to a successful parlay. Making picks that correlate with each other is a good idea. For example, if team A can score first against team B, they’ll likely take that momentum and turn it into a win. Here are some NBA parlays and how they’d look on your slip.
NBA Moneyline Parlays
Moneyline parlays are built using only picks on outright winners across a few games.
A moneyline parlay based on three winners at 2.5 odds, 1.9 odds and 1.55 odds would look like this on your betting slip:
(Detroit Pistons @ Washington Wizards)
|San Antonio Spurs|
(San Antonio Spurs @ Chicago Bulls)
(Toronto Raptors @ New Orleans Pelicans)
|Est. Total Profit||CA$1,123|
NBA Overs/Unders Parlay Bet
Overs/unders bets are placed on whether the final score will be over or under a predetermined score. The type of bet doesn’t rely on the winners of the game, which makes it a good choice for less experienced bettors.
(Oklahoma City Thunder @ NY Knicks)
(Houston Rockets @ Utah Jazz)
(Sacramento Kings @ Brooklyn Nets)
|Est. Total Profit||CA$685.90|
NBA Point Spread Parlays
When placing an NBA spread bet, you’re betting on the winning margin of the game. For this bet to hit, you not only need to pick the winner but correctly guess the margin they will win by, making this a better bet suited for more knowledgeable bettors.
|Brooklyn Nets (+4.5)|
(Sacramento Kings @ Brooklyn Nets)
|Portland Trailblazers (+14.5)|
(Portland Trailblazers @ Milwaukee Bucks)
|Orlando Magic (+10.5)|
(Orlando Magic @ Denver Nuggets)
|Est. Total Profit||CA$722.00|
NBA Parlay Odds
Parlays have better odds than single bets as the individual leg odds are multiplied together to calculate your odds. This is done using decimal odds, so you’ll need to convert if you have American odds which are either negative or positive. Here’s what to do:
- Negative value odds: If your American odds are -300, you’ll need to stake CA$300 to earn a profit of $100. To convert this to decimal odds, divide the total payout by the original stake: 400/300 = 1.33
- Positive value odds: If your American odds are 300, you can make CA$300 off of an initial bet of CA$100. To convert to decimal you again divide the payout by the initial bet: 400/100= 4.00
When you have converted all of the decimal odds for each leg bet, multiply them together to calculate the odds for your NBA parlay.
Best NBA Parlay Betting Markets
The NBA has many favourites and underdogs which may lead you to believe that betting would be simple, but the league is notorious for upsets. The best betting markets for your NBA parlays will depend on your game and team knowledge and your betting experience.
- Novice bettors might want to stick to easier bets like overs/unders or odds/ evens where they don’t need to pick a winner or have in-depth knowledge of players’ recent performance stats and the teams’ match history.
- Bettors that know the game, the teams and the players well will be more adept at choosing winners or knowing the likelihood of a big winning margin. These experienced bettors can add more complex bets like spreads, props, and moneylines.
NBA Early Season vs. Mid-Season Gambling
Betting on any sport requires patience. Early season games can be highly volatile as the teams haven’t yet found their rhythm or settled into team changes that may have occurred in the off-season. It’s best to be cautious during the early season and avoid the temptation to blow your bankroll too soon.
Once mid-season rolls around, the teams are more likely to have found their groove, and you have the early season results to inform your betting and make you a bit bolder with your bets. Keep an eye on our page for NBA parlay picks for today and every other day of the week.