Best NBA Odds At Louisiana Sportsbooks

Mobile sports betting is now live in Louisiana, and a number of sportsbook apps are now available in the state. In-person betting officially launched Oct. 2021, and the launch of mobile betting in Jan. 2022 takes Louisiana sports betting to the next level. 

All in all, Louisiana bettors can enjoy a robust and competitive marketplace with online and mobile sportsbooks, retail betting shops, and kiosks in bars and restaurants all taking action. Multiple sportsbooks are also currently offering exciting welcome bonuses to bettors in the Pelican State. 

Here are the best NBA odds at Louisiana sportsbooks.

NBA Odds at the Best Sportsbooks

Online sports betting is live in Louisiana, so here are the best sportsbooks that offer the best odds when it comes to the NBA. 

SportsbookCurrent Bonus OfferWhy we like it for NBA Odds
DraftKings20% Deposit Bonus up to $1,000Standard odds + wide variety of prop bets
CaesarsFirst Bet Insurance up to $1,250Generous futures odds for NBA Finals favorites
FanDuelRisk-Free First Bet (up to $1,000)Excellent Live-Betting platform 

Where Can You Bet on the NBA in Louisiana? 

The Louisiana sports betting market includes DraftKings, BetMGM, Caesars, and FanDuel. All of these platforms offer odds for NBA games and futures, including the NBA Finals. 

Typically these online sportsbooks carry similar odds for NBA games, though there are slight variations from game to game. In terms of futures, however, there’s more discrepancy.

How NBA Betting Odds are Calculated

Betting odds for NBA games are pretty straightforward. Bettors will be presented with the option to bet on the spread, the moneyline, and the total. Each of these options will include odds underneath it, which suggest the probability of that specific outcome occurring. 

An example can be seen from the NBA game on Wednesday, Oct. 27, 2021, between the Atlanta Hawks and New Orleans Pelicans

FanDuel lists the following:

The moneyline for this game is set at the Hawks at -230 and the Pelicans at +190. If a bettor were to wager $100 on the Pelicans at +190 (a positive moneyline), their winnings would be $190, and the total payout would be $290. 

Adversely, in order for a bettor to win $100 on the Hawks at -230 (a negative moneyline), the bettor would need to wager $230 for a total payout of $330. 

There are a variety of factors that affect NBA odds. For example, a player getting injured or held out of the lineup could cause a late shift in the odds for a game. Furthermore, if a large percentage of bettors are placing wagers on one team, a sportsbook may adjust the odds in order to balance incoming bets. 

NBA Futures Odds

A futures bet is exactly what it sounds like: a bet on an event of which the outcome will be decided in the future. Prime examples of this include wagers on the NBA Finals, Conference Champions, as well as the MVP race. These bets can be made throughout the season as well as during the offseason. 

For Pelicans fans, the team is viewed as a potential championship contender to begin the 2022-23 NBA season. Currently, the Pelicans are listed by FanDuel as +3600 to win the NBA Finals, while DraftKings lists them at +3000.

What Kind of Bets Can be Placed on the NBA?

Moneyline: A moneyline bet is the most basic sports wager. The bettors simply need to place a bet on what team they think will win the game. 

Total (Over/Under): The bettor will be presented with a number for the “over” and the “under.” These numbers indicate the total amount of points scored in the game by both teams. In order to win the bet, the bettor must correctly guess whether the game’s total points are over or under the amount provided.

Point Spread: Point spreads indicate who’s favored to win the game and by how much. With point spreads, you can bet on the favorite to win by a certain amount of points or the underdog to “cover the spread” or not lose by a certain amount of points. Point spread wagers have three possible outcomes: bettors can win, lose, or push. A push occurs when a team wins by the exact amount of points as the point spread, meaning the bettor neither wins nor loses.

Parlays: A parlay bet is a wager that features multiple parts. The odds of the individual legs of the parlay are multiplied to generate the new odds. In order to win a parlay, every single part must hit successfully, and even a single miss will (in most cases) cause your bet to be considered a loss. While parlays are risky, they often offer generous payouts. 

Futures: A futures bet is a wager placed on an event in which the outcome will be determined in the future. An example of this would be betting on the NBA Finals in January, months before the playoffs have even started. 

How to Place Prop Bets on NBA: Not sure what the outcome of a game will be? Well, if you don’t want to bet on the actual game, you’re not out of luck. Many sportsbooks offer fans the opportunity to make prop bets. Prop bets are bets that aren’t tied to the outcome of a game. Examples of these include:

  •  Player prop bets 
    • Total points scored by X player (over/under)
    • X player to score the game’s first basket 
    • X player to make at least X field goal attempts 
  • Team prop bets 
    • What team will score first? 
    • Total first-half points (over/under)
    • Will overtime be required for the outcome?
  • Season-long prop bets
    • Rookie of the Year
    • Defensive Player of the Year
    • MVP 

How to Bet on the NBA in Louisiana

Registration is a streamlined and easy process, particularly when signing up for the likes of DraftKings and FanDuel, among others. Simply download the “DraftKings Sportsbook” or “FanDuel Sportsbook & Casino” app from the Apple iOS App Store or the Google Play Store, and create an account when prompted in the app. From there, enter your information and make a deposit in order to collect your bonus promotion and start placing bets.

How to Place a Bet on the NBA Finals

Fans who want to place a bet on the NBA Finals will need to place a futures bet. Most sportsbooks offer futures bets, but they won’t pay out until after the event has concluded. The Pelicans are considered a darkhorse to win it all with perhaps the most talented starting lineup and depth. 

There are various types of futures bets you can place on the NBA Finals. During the season, most sportsbooks will have the option to bet on what team will win the championship. However, as the Finals begin, more props will begin to emerge once the teams are settled, and fans will be able to bet on things like “first player to score” or “first team to score” or even things like “first-quarter total (over/under) and “home team total first-half points.”

Does the NBA Have a Partnership With a Sportsbook?

The NBA’s first sportsbook partner was MGM, having reached an agreement back in 2018, per ESPN

The NBA added its second sportsbook partner, BetStar (owned by the Stars Group) in Dec. 2018, per NBAPR

FanDuel and the NBA reportedly agreed to a partnership in Dec. 2018, per an NBA Press Release.

Louisiana NBA Odds FAQ

Do Louisiana’s legal sportsbooks offer bets on the NBA?

Yes. All of Louisiana’s legal sportsbooks offer bets on the NBA.

How popular is betting on the NBA? 

The NBA is one of the most bet upon leagues across all sports, and the fact that there are games virtually every night during the season only adds to its accessibility for bettors.

Does the NBA have any partnerships with a sportsbook?

Yes. The NBA has partnerships with MGM, BetStar, and FanDuel all of which were started in 2018.

Who has the best odds for the NBA?

Most platforms offer similar odds on a game-by-game basis, but more discrepancies can be found with prop bets and futures bets. Ultimately the choice of platform comes down to which one you like the most, but going with one of the big players like BetMGM, FanDuel, DraftKings, Caesars, etc. is always a safe bet.

Is DraftKings legal in Louisiana?

Yes. DraftKings is legal in Louisiana.

Is FanDuel legal in Louisiana?

Yes. FanDuel is legal in Louisiana.

About the Author

Karl Rasmussen

Karl Rasmussen is a freelance writer based in Portland, Oregon. He's written for various media outlets primarily focusing on sports and entertainment. Karl is a passionate fan of the New York Yankees, New York Jets, Portland Trail Blazers, Oregon Ducks, and Tottenham Hotspur.