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With Michigan legal sports betting activating, Michigan residents can begin placing legal, online Detroit Pistons bets as of Friday, January 22.
New to sports betting? SportsbookWire has you covered with a sports betting 101 guide to NBA betting, covering the money line, against the spread, Over/Under and mobile betting.
Be sure to sign up at BetMGM Sportsbook for their risk-free offer for new sports-betting customers within Michigan.
The money line is the simplest and quickest way to get action on any NBA game. Each team is assigned odds representing an implied win probability for the game. Odds will generally range from -500 for a favorite up to +500 for underdogs, but they can extend further in either direction for more lopsided matchups.
The standings, recent success, injuries and public betting action are all weighed into the odds. Odds and lines can shift throughout the day based on injury reports or lopsided action on one team.
Spread betting is the most popular and most consistently profitable way to get action when betting basketball. Instead of a lopsided money line, the favorite is assigned a number of points by which it needs to win the game in order to cover the spread. If the underdog stays within that number of points in a loss or pulls off the outright upset, their side of the bet will win.
Odds are generally equal on either side of the line and will range from -130 to +130.
Example: Let’s say the Pistons are 4.5-point favorites (-4.5) against the Charlotte Hornets. If the Pistons win by 5 or more points, their side of the bet will cash. If the Hornets (+4.5) lose by 4 or fewer points or win the game, their side of the bet pays out.
Over/Under betting in basketball is considered much more difficult than in football, hockey, or even baseball. Streaky shooting, surprising player usage or foul trouble all create volatility in predicting the final score of a game.
Game totals typically range from 210.5 to 240.5 for the combined point totals of both teams. A total below a line of 210.5 would cash Under tickets and a total of 211 or more points cashes Over tickets.
Like the spread, odds are generally equal on both sides at conservative numbers ranging from -130 to +130.
Michigan betting is now legal online.
Get some action on the Detroit Pistons or any NBA matchup with a legal, online bet at BetMGMin CO, IA, IN, MI, NJ, PA, TN and WV. New customer offer: Risk-free first bet up to $500, paid in free bets. Terms and conditions apply. Bet now!
Instead of betting on a specific game, get some action on the Pistons’ 2020-21 season as a whole or on certain players like PF Blake Griffin. NBA future betting to win the NBA Championship can range from +250 for a favorite like the Los Angeles Lakers to the Pistons’ +50000 long-shot odds.
At +50000, the Pistons have an implied win probability of just 0.20%, but a $10 bet would return a profit of $5,000 if they pull it off.
Player futures exist for end-of-season awards like MVP or Defensive Player of the Year.
BetMGM has an excellent sports-betting mobile app that allows Pistons fans to get some action on a game from the opening tip to the dying minutes. Odds and lines adjust throughout the game to reflect the score or current events such as scoring streaks or which players are on the court.
Also see:Bet 101 – How to bet on Detroit Red Wings for beginner bettors
Following along with the game and knowing which team truly has the upper hand at any one moment can be a great way to get some value, i.e., if the pregame favorite were to get into some early foul trouble.
Get some action on the Detroit Pistons or other NBA teams by signing up and betting at BetMGM. If you’re looking for more sports betting picks and tips, access all of our content at SportsbookWire.com. Please gamble responsibly.
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