Latest PBA Betting Odds & Betting Lines 2023

How to Read PBA Odds

PBA odds reveal the expert opinion of oddsmakers on a specific game, match, proposition, or event. The odds also disclose the amount of money bettors should risk winning a particular amount, also known as a potential payout.

How to Read Decimal PBA Odds

You can read the odds in decimal format for the current game, particular proposition, or event by multiplying odds and stakes (odds x stake = potential payout) to get the potential payout. The top bookmakers online usually display the odds using decimal odds, which is easy to calculate. 

How to Read Fractional Odds for PBA

While the decimal odds make the most common odds that oddsmakers present their customers with, the fractional odds are the oldest method or format bookmakers use to display prices. Fractional odds can be read as “how much to win/how much to bet.” 

So for stakes of PHP100 pesos with odds of 3/2, you can calculate the potential winnings to be PHP150, that is 100 x 3/2 = 150.

How to Read American PBA Odds

Also called moneyline odds, the best odds using the American odds format are displayed as the “odds with a plus (+) or minus (-) sign.” You’ll notice that the numbers are commonly three (3) digits, but still, they can be from three, four, or more places. 

American odds are easier to understand than other formats because they’re displayed with the plus or minus signs, which indicate the amount of money to bet to win a particular amount or the amount to win for every specific amount of money staked.

What are the Different Types of PBA Bets?

You can bet on different types of basketball bets types for the PBA title, the PBA championship, the PBA finals, or other events. However, it’s not just about betting on the team who will win the game. 

In basketball betting, you should know the types of bets available if it will be the first time you will try betting online for better results as the odds for the games will be different every time as they fluctuate, so learn how to bet the PBA with any of these bet types.

PBA Moneyline

Betting on the money line is straightforward to understand. All you need to do is bet on the best PBA team for a game you believe will be the winning team in the match. 

A team that has the lower odds is the favorite. The underdog, on the other hand, is the team with higher odds. According to most PBA fans and bettors, you can receive a higher payout if you bet on the underdogs. Check for previous performances and scores to support your choice.

PBA Point Spread

You can also bet on the point spread through the PBA bookmaker, which is common when betting on the PBA games. It’s pretty simple. 

A point spread bet represents the number of points that the favored PBA team should win by in the game. 

In betting books, the spread is represented as the line. The favored team is displayed with a negative (-) sign next to the total points that they should win by in the line.

A point spread bet means you’re not predicting and betting on the PBA team you believe will win. Instead, it’s betting on whether one will cover the point spread, like the favorites winning by certain points or the underdogs either winning or not losing by the set number.

PBA Point Totals (Over & Under Wagers)

The PBA has millions of fans worldwide, and those who bet on basketball are familiar with betting types like point totals (over/under bets). 

This wager involves the total points in the game. The bookie defines the total score, and bettors will wager on whether this set line will be lower or higher. 

How to Bet on PBA Props

The PBA playoffs, finals, and championships are the best events in PBA that most people wait for to place their bets like PBA props. 

If you want to bet on props, you can bet on particular occurrences or events that will happen – the person to score the first basket, the team to have the most steals, the team to have the most rebounds, or the team to score more in a specific quarter, to name some.

How to Bet on PBA Futures Odds & World Series Winner Odds

In your account’s dashboard, you can pick the futures bets wherein you wager on the team to win the PBA championship or the best player to win the MVP.

Know that futures betting odds are opened before the season begins and the bets are taken throughout the year. 

An oddsmaker will adjust the betting odds based on information like injuries, trades, and season outcomes. They’ll also change the wagering amount on particular results and PBA teams.

But then, regardless of the odds that these bets are placed, your bet will be locked in for you no matter the events throughout the PBA game schedule and ways that a sportsbook will adjust futures odds after that.

For the World Series Winner Odds bets, you can navigate to your chosen baseball game and choose the bet type. Please enter the amount of money to bet and then submit it. 

How to Bet on a Specific Quarter and Half-Game Bets

A specific quarter or half-game time bet is a time-specific bet. For instance, you can bet on the first, second, third, or fourth quarter of a PBA game. 

Another example would be betting on the first or second half of the game.  

The betting lines on the quarters or half-games are offered before a specific match begins. Some sportsbooks only initially reveal the period lines, the first quarter, or half of the game.

Choose your bet on your account dashboard and place the amount on the wager. Check for trends with PBA teams that play fast or slow at the start or how the game is played initially for better results. In addition, you should focus on which team has a better lineup. 

What other types of PBA Bets exist?

Aside from knowing the PBA championship odds or the finals odds, for instance, basketball in the Philippines also has other bets like the following.

PBA Live Bets

Over the years, the popularity of this type of bet has continued to increase, as the number of bettors trying their luck on PBA betting online increases, too. 

Live betting is one of the latest introductions in sportsbooks online. 

Also called in-game or in-play betting, it involves wagering during the game. You can keep betting during the series game when compared to pre-game betting, wherein the bets are placed and processed before the start of a game.

Parlay Betting

This bet type involves making at least two wagers, but they’re both in the same bet slip or bet. This is a riskier bet, given that you won’t win a single penny if one of the bets loses. When this happens, you’ll win nothing with a parlay bet. On the good side, this bet presents the potential for a higher payout when you win. 

Biggest PBA Betting Events

The best basketball players are in the teams of the PBA. That’s why the league’s events, tournaments, and series games have gained millions of followers. The following are the most significant betting events in the PBA. 

PBA Futures

This involves betting on futures odds that let you bet on future or upcoming events throughout a particular season. The odds in PBA futures are determined by several factors, like winning streaks, team standings, and recent results.

PBA All-Star Weekend

For some fans and punters, the right time to bet on PBA is the all-star weekend, when the league’s best players are chosen to play. This prestigious event also gives entertainment to the fans because some spectacular performances are done, and fan games are played.

PBA Play-In Tournament

The next on this list is the play-in preliminary tournament held to identify the 7^th and 8^th-seeded PBA teams from every conference in the PBA playoffs. From the 7^th through the 10^th, teams in every conference play in six games to determine two teams per conference. 

PBA Playoffs

The playoffs are a series of games played after a regular season. This will help determine the teams to play in the championship match.

PBA Finals

The PBA Finals is the final round of the PBA playoffs. Whichever team wins the Finals will be crowned the PBA Championship title. 

Profit & payout

One of the most exciting parts of basketball betting is the profit and payout. Here are some of the things you need to know about it.

Profit

This is the financial gain you’ll receive from the activity. A profit is the difference between the earned and spent money in gambling.

Expected Winnings

The probability multiplied by each outcome’s value is the expected value. So, for instance, a 50% chance of winning 100PHP translates to 50PHP to a bettor. 

Expected winnings or losses are the money you can expect to win/lose if you wager on the same odds several times.

It is calculated by winning probability multiplied by the potential amount to win for every bet made, or subtracting the probability of losing multiplied by the lost amount for every bet. 

Expected Payout

An expected payout is “the expected financial or monetary gains or returns” from the PBA betting activity.

Bet Slip

In online sportsbooks, a bet slip is your electronic ticket (e-ticket), which contains the bet information you made, allowing you to see the estimated payout if you win. A bet slip also lets you check the details of your bet before finalizing it. 

Bonuses and Promotions

These bonuses and promos can be the most exciting parts of using sportsbooks in online betting for your favorite sports. There are welcome bonuses, free bets, bet-and-get promos, and many more. 

But then, note that these rewards come with terms and conditions you need to meet before you can claim any of them. Read about those when joining a sportsbook online.

1. Welcome offer

All bookmakers we’ve found and featured offer this type of bonus. In many cases, a welcome offer is for new players who register on the site. In some gambling sites, the welcome bonus is for the first bet or deposit. It comes in the form of free cash or free bets. However, this bonus comes with terms and conditions to follow before it can be claimed and used.  

2. Referral incentive

Also called refer-a-friend, this incentive is designed to encourage more customers on the betting site. You can share your referral link with a friend if you’re an old customer. For every successful registration, you’ll receive a referral incentive, which may be cash, depending on the betting platform

3. No deposit bonus

This bonus for Filipinos is easy to claim. Typically, it’s a free bet when you sign up with the sportsbook. It’s offered to entice more punters to register with the site.

4. Free bets

Filipinos can place a bet for free, no risks involved, on a basketball game. If you win, you will win the amount except the free bet. Players cannot withdraw free bets. In many cases, it also comes with terms and conditions.

5. Odds boost

Bookmakers can offer this promo applicable to certain basketball events or tournaments. Filipinos can participate in the promo for a selected event in their chosen sportsbook. However, remember that this offer doesn’t apply to all the betting markets.

6. Security deposit bonus

Punters should maintain 1000PHP in their account to get it. The Philippine Amusement & Gaming Corporation recommends that Filipino sports bettors should keep this amount in the first 30 days of joining an online betting site. The player whose balance is below 1000PHP won’t be able to receive the bonus.

7. Cash Bonus

Players must wager the cash bonus first for a specific given amount, like a single wager, which is 100% of the total cash bonus amount. In other sportsbooks, a cash bonus must be wagered in multiple bets, such as three times the bonus amount.

8. Loyalty programs

If you’re loyal to a bookmaker and you’re a regular customer, you’ll be eligible to receive loyalty bonuses in the form of free bets or loyalty points to receive free bets.

9. Cashback

You might have heard of cashback often because shopping sites and other consumer companies use a cashback promo to win more customers and retain existing ones. Sportsbooks online also offer this reward to Filipino basketball punters who receive a refund of a specific portion or amount of the money they spent or placed in PBA betting for a week.

10. Comps bonus

This bonus may be in the form of free money or bets, which are given to loyal customers for birthdays or any special occasion, sometimes even without an event.

PBA Betting FAQs