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Understanding Moneyline Wagers Sports Betting App 18+, Betting on NBA games can be an exhilarating experience, but it's important to have a solid understanding of the basics before you start placing your bets. The first thing to familiarize yourself with is the concept of odds. Odds represent the probability of a particular outcome occurring in a game. In NBA betting, odds are usually presented in three formats: American, decimal, and fractional. American odds are expressed with a plus or minus sign, indicating the underdog and favorite, respectively. Decimal odds represent the total return, including the initial stake, and fractional odds are displayed as a fraction, such as 3/1.
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