Basketball Playoffs Betting Guide for 2021
Basketball lovers everywhere look forward to the NBA playoffs. After the regular season, the finest teams in the sport meet to decide top spot.
Fans of basketball can be found everywhere in the world, not just in the United States and Canada. This has added to the appeal of online basketball betting on a range of odds that add excitement for bettors.
In this guide we’ll tell you:
- How bets on NBA playoffs work
- What fans of the sport most like to bet on
- How to begin live betting on the NBA playoffs
An Introduction to the NBA Playoffs
The NBA post-season process captivates fans across the US, Canada and beyond each year. Here’s how it works.
The NBA is divided into two conferences, Eastern and Western, with 15 teams in each
Each conference is split into three divisions
The top eight teams in each conference qualify for the playoffs
Each team plays an opponent in a best-of-seven series
The teams are seeded, so the 1st seed faces the 8th seed
The champion of each conference qualifies for the NBA Finals
The NBA Finals is a best-of-seven series held each June
How NBA Playoffs Odds Work
Betting on the NBA Playoffs is no different to wagering on games in the regular season. This is a simple guide to how they work.
Let’s look at a match between Toronto Raptors and Washington Wizards. The odds, expressed as decimals, may read:
For every C$10 you stake on the Patriots, the favourites, you win C$5. If you put C$4 on Washington, the underdogs, you win C$5.
Odds may be presented in other formats, such as fractional and moneyline (also known as American) odds.
Most sportsbooks switch between systems to let you choose how you see prices. Check out our Odds Calculator below to see how they compare.
NBA Playoffs Betting Options
If you reckon your team will win its division, this bet is for you. The earlier you do this, the bigger your return should be.Eg:To win the Atlantic Division:
This is for you if you believe one team is a certainty for its conference. You may wager on this well in advance too.Eg:To win the Eastern Conference:
NBA Finals win
Let’s say you really believe your favorite team is going all the way to win the NBA Finals. It’s time to put your money where your dream is.Eg:To win the NBA Finals:
What is NBA Playoffs Live Betting?
- It’s now possible to stake on the action after the game has started
- Sportsbooks will present odds that fluctuate according to the changing fortunes of the sides
- You can bet on markets such as the winner of the next quarter
- You will still be able to bet on the overall outcome of the game
- Live betting is a great way to keep close to the action as it progresses
Brief NBA Playoffs Timeline
The Basketball Association of America (BAA) is founded. From 1949 the league is known as the NBA1946
Four teams from each of three divisions qualify for the playoffs1950
The NBA reverts to two divisions, with only eight teams in the playoffs1951
With only nine league members, the number of playoff teams is cut to six1954
Boston Celtics win the NBA Finals for the ninth year in a row1966
The number of teams in the playoffs rises to eight again1967
Bill Russell of Boston Celtics wins his 11th NBA Finals, a record that still stands1969
10 teams go into the playoffs, with the fourth and fifth seeds in each conference meeting to decide who makes the last eight1975
Now there are 12 teams in the playoffs, with only division winners getting byes to the final eight1977
The first round is expanded as 16 teams go to the playoffs1984
Michael Jordan wins his sixth NBA Finals with Chicago Bulls1998
New York Knicks are the only 8th-seeded team to reach the NBA Finals1999
Kobe Bryant inspires LA Lakers to their fifth NBA Finals triumph in a decade2010
Steph Curry sets a record for three-pointers in an NBA Finals game with nine, as Golden State Warriors are champions for the second year in a row2018
Recent NBA Finals winners
Betting on the NBA playoffs in Canada is tremendously popular and, in the digital age, ever more easy to do. Virtually all sportsbooks now offer the ability to add to your enjoyment of sporting action by betting on it.
To find out everything you might ever need to know about basketball betting in Canada, check out our home page.
A post-season tournament involving the best 16 teams from the NBA regular season. They face off in a series of match-ups that culminates with the NBA Finals.
The point spread, which gives fans the chance to challenge a handicap set by a sportsbook, is a perennial favourite with basketball bettors.
Our online betting guide tells you all the questions you need answered when choosing one of our recommended sites. These include matters such as security, licensing, range of bets and bonuses.
Most definitely. The vast majority of sportsbooks now have user-friendly apps that allow you to wager on your device.
After the game gets under way, sportsbooks will offer you the ability to bet on the live action – as well as the overall result.
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