NBA Betting Rules at Online Sportsbooks

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NBA Betting Rules at Online Sportsbooks

It is crucial to comprehend the rules set by Massachusetts sportsbooks before placing your NBA wagers. Here is a brief overview of fundamental sportsbook regulations for basketball betting and essential considerations to ponder while assessing tonight’s Celtics odds.

What is necessary for an NBA bet to have action?

To have action on an NBA bet, it indicates that the sportsbook has acknowledged and accepted your bet, and specific conditions related to the game or player you’re wagering on, such as the game actually occurring or the player actively participating, have been met.

Point spreads, moneylines, and over/unders are the most frequently placed pregame bets. Additionally, once a game has commenced, live bets are likely to become accessible.

In most cases, once you finalize a bet, it is typically considered valid. To ensure this, you can check the pending bets section on reputable MA sports betting sites. However, there are certain situations where specific terms and conditions must be met for your bet to remain valid.

Voided bets are a common occurrence in baseball due to changes in starting pitchers, which typically result in the cancellation of a bet. However, NBA betting offers fewer factors to consider. Unforeseen circumstances like game cancellations, postponements, or venue changes are instances where a sportsbook may refund your bet, also known as a “no bet.”

The following reasons are the most frequently observed for a sportsbook to invalidate or decline a bet:

  • A canceled/postponed game.
  • It is uncommon, but occasionally the sportsbook mistakenly displays incorrect odds.
  • A prop bet may present a discrepancy or pose difficulty in grading.
  • A parlay that is not constructed correctly due to conflicting or correlated bets.

What happens to an NBA bet if the date or venue changes?

Although NBA betting rules regarding date and venue changes may vary slightly among different sportsbooks, it is generally unlikely for such changes to result in a voided bet.

At FanDuel, your bet remains valid even if there is a venue change, unless the home and away teams switch roles. However, if there are cancellations or postponements and the league has not yet announced a new date, your bet may be canceled.

What are the betting rules for shortened or canceled NBA games?

If a game is postponed, sportsbooks will provide a complete refund for your bet. However, if an event is suspended and remains incomplete for more than 24 hours, the bet will be considered void.

If the outcome of a live bet has already been decided, this rule does not apply. For instance, if you place a bet on the winner of the first quarter and there is a pause in the game during the second half, your bet will still be considered valid. This principle generally extends to NBA player prop bets as well.

What happens to NBA bets for a shortened season?

In 2020, the NBA season was notably condensed. Typically, future bets on team win totals and player performances may become void in such circumstances, yet certain exceptions do exist.

Although the league is required to play all 82 games, sportsbooks may occasionally set lower thresholds. However, in most situations, certain futures bets will remain valid regardless of the duration of the season.

  • MVP Award
  • Award for Rookie of the Year
  • Scoring title
  • Winners of the Division, Conference, and NBA Finals

NBA betting rules by bet type

The following are the diverse rules and regulations governing NBA betting across different types of bets:

Point spreads

The guidelines for placing bets on NBA spreads in sportsbooks are quite simple. The team expected to win, known as the favorite, will give away points (e.g., -7), whereas the underdog will receive points (+7 in this instance). When making your bet, you choose the team you believe will perform better considering the given point difference, and determine the desired amount to wager.

If the favorite team wins by exactly the spread total, such as a final score of 100-93, it is considered a push, resulting in a draw. In this case, you do not win the bet, but you get your wager refunded.

If you place a bet and confirm it, it will stay active until the end of the game, unless there is a cancellation or suspension. It’s important to note that these bets also apply to overtime, which means you can still lose a bet in OT even if you win during regulation.

Moneylines

When placing moneyline bets, you are wagering on the team that will emerge as the clear winner of the game. This type of bet is particularly straightforward because basketball games do not result in ties. Therefore, most bettors find it simpler to comprehend and there is no possibility of a push in NBA moneyline bets.

Over/unders

Over/unders in sports betting refer to placing a wager on the total score of a game, including any overtime, irrespective of the team’s victory. For instance, if the sportsbook sets the line at 207 and you choose to bet on the over, you are anticipating the combined score of the two teams to exceed 207 points. In the event that the total score reaches exactly 207, the bet will be considered a push, and you will receive a refund.

In addition, NBA win totals odds can be wagered upon for the entire season.

Live betting

NBA live betting rules typically adhere to similar guidelines as pregame bets, offering a plethora of options to choose from.

  • The upcoming quarter will feature options for spread betting, moneyline betting, and over/under betting.
  • The following half (spread, moneyline, over/under) comes next.
  • Over/under on player props for the remainder of the game.
  • The player who will score the next basket.
  • The next coach who will contest a call.

It is crucial to keep in mind that live sports betting lines undergo frequent and rapid updates. Thus, when you are about to finalize your bet, it is possible that it may no longer be valid due to recent plays that have modified the odds.

Overtime betting

When placing bets on the spread, over/unders, and moneyline, overtime is usually taken into account. However, it seldom affects live bets on quarter/half point totals and spreads. Sportsbooks do not view overtime as an extension of the fourth quarter or second half.

Parlays and same-game parlays

Each sportsbook has its own set of rules when it comes to parlay guidelines, which can differ significantly. In the event that one leg of a parlay becomes void, the parlay will exclude that leg and generate a new parlay with the remaining legs, along with adjusted odds.

Most of the time, NBA player props consist of individual wagers. However, a few sportsbooks might have special offers where game outcomes can be combined with player props. FanDuel stands out as a remarkable exception, providing one of the widest ranges of same-game parlay choices in the industry.

Game and player props

Sportsbook rules for NBA bets can be quite challenging, particularly when it comes to prop bets. These types of bets can be tricky to grade due to potential statistical changes and various factors involved. In order for NBA player props to be considered active, the player in question must enter the game at any given time. As for game props, they are considered active if an NBA game reaches a duration of 43 minutes. However, it’s important to note that exceptions may apply to micro bets involving earlier quarter or half bets.

Grading bets and procedures for returns and pushes

Grading typically takes place shortly after the game ends for single-game bets, as well as for bets that are considered “no action” or a push. However, the timing for payout of futures bets can differ. Certain bets, like season win totals, may result in immediate payouts once they are successful, while others, such as bets on awards, will be settled at the end of the season.

Fortunately, with the advent of legalized sports betting, disputes have become more manageable as bettors now have improved protection and legal options to express their disagreements. Presented below are a few instances from the past where disputed bets were eventually resolved by sportsbooks with payouts or refunds.

  • DraftKings settles prop bet dispute involving Draymond Green.
  • FanDuel payout for a live betting line on a 2018 game featuring the Denver Broncos versus the then-Oakland Raiders.
  • Multiple books are eligible for refunds for futures during the 2020 season, which was shortened due to COVID-19.

What happens when sportsbooks make mistakes?

As mentioned earlier, errors in betting lines are uncommon but can occur. Prop bets tend to have the highest occurrence of mistakes. In the event that a sportsbook incorrectly posts a line, most of them will refund your wager rather than honoring the bet. Nonetheless, it is important to note that there are a few exceptions to this practice.

What happens when stats change after the game?

In NBA games, the majority of stat disputes are reviewed and verified by an on-site stat keeper, ensuring real-time updates. Sportsbooks typically strive to stay updated with the latest NBA statistics and acknowledge any in-game adjustments.

FanDuel has expressed their commitment to collaborating with relevant organizations to ensure the honoring of all winning wagers in good faith, particularly in cases where it is evident or an official correction to an individual stat has been made. On the other hand, DraftKings MA online sportsbook typically provides bettors with site credit as compensation when a stat correction happens after grading a bet.

What are correlated plays, and why can’t you make them?

Correlated plays are typically prohibited in basketball betting. These plays involve combining bets on two closely related game events. For instance, attempting to parlay the odds of the first half and full game would be considered a correlated play.

These types of bets are seldom permitted by sportsbooks as they offer bettors an opportunity to double their winnings by essentially wagering on the identical outcomes.

What are the minimum and maximum limits for NBA bets?

The NBA’s minimum and maximum betting limits differ among sportsbooks. Typically, sportsbooks offer low minimums, with DraftKings and FanDuel accepting bets as low as 10 cents. On the other hand, BetMGM sets its minimum bet at 50 cents.

While most sportsbooks offer flexibility with maximum bets, a few of them impose restrictions on maximum winnings. FanDuel, DraftKings, and BetMGM, for instance, set a cap of $1 million per bet. Nevertheless, there are certain circumstances in which they may accept larger bets.

Rules for bonus bets and other bonuses

Promotions offered by sportsbooks that include bonus bets differ in terms of the amount you bet and the types of bets you can place (such as NBA teaser betting rules). The majority of sportsbooks have a playthrough requirement, which implies that you must wager a specific amount in order to withdraw any winnings.

  • Get a refund on your first bet up to $1,000 with the FanDuel MA Bonus.
  • Get up to $1,000 back with the BetMGM MA Bonus when you make your first bet.
  • Earn a Caesars MA Bonus of up to $1,250 with first-bet insurance.

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