NBA series prices, on the other hand, are the specific odds set by bookmakers for each team to win a particular series.

Since a 2018 Supreme Court decision removed a federal ban on sports betting, a number of states, including New York, Michigan and Pennsylvania, have legalized this pastime that millions were taking part in even before it was legal.

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In American sports betting, odds are typically expressed with a plus (+) or minus (–) symbol followed by a number. For example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 profit + $100 initial stake).

The bettor selects the sport(s), number of games, and number of points given. If the bettor takes two NBA games at +6.5 it will adjust the individual bets at that rate. So a bet on a 3-point underdog at +3 will become a bet at +9.5 points, and for favorites, it will change a 3-point favorite at −3 to +3.5 points.