Denver Nuggets betting is now available in Colorado, which means Colorado bettors can bet on the NBA Finals as well as all NBA games.
Professional basketball took a hit during the coronavirus outbreak. The NBA postponed games, and the Nuggets had to get creative. They resorted to hosting a 2K20 tournament and joining an NBA H-O-R-S-E game. Navigating the age of social distancing hasn’t been easy for anybody.
However, sports betting came to Colorado in May and has been performing strongly ever since. That trend has only grown with the return of professional sports following months of inactivity.
Here’s what interested bettors need to know about betting on the Nuggets.
Nuggets Odds At The Best Sportsbooks
Does Colorado Offer Betting Lines On The Nuggets?
Absolutely. Because the Denver Nuggets are a professional team, there are no restrictions on the bets you can place. The bets on Nuggets games were plentiful as the NBA returned. Though the Denver team lost to the Lakers 4-1 in the playoffs, bettors had a chance to get in on the action for a short time. Next season will undoubtedly offer plenty of bets on the Nuggets as well.
Where Can You Bet On The Nuggets?
You’ll be hard-pressed to find a Colorado sportsbook that doesn’t accept bets on The Nuggets. You can wager on the Denver team at various places, including Colorado’s online and retail sportsbooks.
You’ll find the usual suspects when it comes to betting options: moneyline, point spreads, and totals are the core wagers available. But there are also parlays, futures, props, and in-play wagers. With a huge selection of COlorado sportsbooks, you shouldn’t have any trouble finding one that has your preferred bet type.
Online options like DraftKings, FanDuel, and other online sportsbooks offer odds on the Nuggets. Nuggets fans can rest assured that Colorado’s online sportsbooks have betting lines for the Denver Nuggets. The Centennial State already has more than a dozen online sportsbooks, and more are prepping for launch. assured that their favorite online sportsbooks will have Nuggets lines available.
Choosing an online sportsbook comes down to personal preference and available odds. Different providers offer different odds on a given game, so it’s helpful to find those that will pay the most on any bet. DraftKings, FanDuel, and PointsBet are good places to start but don’t discount smaller providers like Sportsbetting.com, theScore Bet, or SBK.
Simply put, you have a wide variety of online sportsbooks to choose from in Colorado when you’re betting on the Nuggets.
When sports betting launched in May, Colorado bettors had access to numerous in-person, retail sportsbooks in addition to online betting options. These options will continue to expand as properties launch sportsbooks in the state.
Proximity is an easy way to choose a retail sportsbook if you need to drive to access one. But there are other factors to consider, too. Casino loyalty programs and promotions can play a crucial role in helping you decide which retail sportsbook is right for you.
How Nuggets Betting Odds Are Calculated
Odds are determined by sportsbook oddsmakers, aka betting experts employed by operators to set betting lines. Odds can change based on how many bettors wager on a specific bet, too. Lines will change as games progress as well, with odds changing based on in-game events such as a favored-team touchdown.
Odds are listed as a “-” or “+” and a number. A team with “-” odds is the favorite to win a given match and the “+’ indicates the underdog. The numbers accompanying these symbols tell you how much you would win on a given bet.
For example, if the Nuggets moneyline is listed at +150 (signaling that they are not favored to win), a $100 would pay out $150 if the Nuggets win. However, if the Nuggets moneyline is set at -110, that means a $110 bet would earn you $100 if they win. Essentially, the favored team pays out less because they’re “expected” to win based on the odds.
Remember, these lines can change before and during games. Try to place a bet at a strategic time to maximize your potential payout.
What Are Popular Nuggets Bets?
There are several bet types available on Nuggets games. The core set of bets for any game (not just basketball) is moneyline, point spread, and totals. Then there are various other bet types on offer. Here’s how they work.
Betting the moneyline means picking one team to win. That’s it. If you bet the Nuggets moneyline, it means you think they’ll win the game. Odds are determined based on who is favored to win the match, so a moneyline bet on the favored team will always pay less than a bet on the underdog.
Point spreads even the odds by giving the underdog team a point advantage. For example, a bet might offer Nuggets +3.5 if they are expected to lose by a close margin. In that scenario, the Nuggets need to either a) win the game or b) lose by 3.5 points or fewer. That second option is called “covering the spread.” If the Nuggets lost to an opponent 71-70, they would cover the spread because they lost by fewer than 3.5 points. Alternatively, if the Nuggets lost 74-68, they would not cover and the bet would lose.
In a totals bet, you pick the “over” or the “under” based on the point total set forth by the sportsbook. If the combined total score of both teams exceeds the listed number, the over bet wins. If the combined score is lower than the total, the under wins.
If the Nuggets play the Lakers and the totals line is set at 160.5, a final score of 81-70 (total 151) would mean the under wins, while a score of 90-91 (181 total), would mean the over wins.
You can combine multiple bets into a single wager to create a parlay. The bets can be from multiple games or a single match as long as there are two or more bets included in the parlay. Some sportsbooks have specific parameters you must meet (for example, you may not be able to have more than 3 in-play bets included in a parlay). Parlays are risky because if even one leg of the bet loses, the entire wager is lost. Most experts say to steer clear of parlays.
What Is A Nuggets Futures Bet?
A futures bet is a wager on a team’s performance in the future, as the name implies. A good example would be “Nuggets to win the NBA Championship” offered before the season even kicks off.
Futures bets have big potential payoffs because they’re so difficult to predict and unlikely to hit. You can typically place these bets before a season starts or even while it’s in progress. Be careful, though, a team’s performance can change the odds, potentially lowering your winnings if the bet hits.
How To Place Prop Bets On The Nuggets
Prop bets (short for proposition bets) are wagers placed on a specific event not necessarily related to the final outcome of a match. For example, a sportsbook might offer a prop bet that looks something like this: “Will Barton to score more than 30 points.” Whether or not the Nuggets win, if Barton scores those points, the bet wins.
Prop bets run the gamut from single-game wagers to season-long opportunities.
How To Bet On The Nuggets In Colorado
You can bet on the Denver Nuggets by completing a few simple steps. Let’s use DraftKings as an example:
- Download the DraftKings app or head to the DraftKings website
- If you’re on Android, download the app direct from the DK website.
- Create an account. You’ll need your name, address, email, date of birth, last 4 of SSN, and a few other details.
- Deposit money and if applicable claim a new user bonus.
- Find odds on the Nuggets by heading to the “All Sports” menu and clicking “NBA.”
- Select your desired bet, wager amount, and place the bet.
How To Bet On The NBA Finals In Colorado
You can place a bet on the NBA Finals by navigating to the NBA section of your preferred sportsbook. If the NBA finals are coming up, you’ll likely find featured bets on the series. If you’re searching in the off-season or early in the NBA season, you may have to do some digging, but you should be able to find bets on the finals.
Futures bets are almost always available for the NBA Finals championship, with each team given odds based on their chances of winning. Even if the Nuggets aren’t in the championship, you can still bet on the teams who did make it to the finals.
Championship games garner a lot of attention, so look out for prop bets as well including most points scored by an individual player, first point scorer, and much more.
Do The Nuggets Have Partnerships With Any Sportsbooks?
PointsBet inked a partnership with Kroenke Sports & Entertainment in August 2020. The deal made PointsBet the exclusive gaming partner of the Denver Nuggets along with other key Colorado teams. PointsBet can now advertise inside the Pepsi Center and rebrand portions of the arena to draw in more sports bettors. PointsBet will also create the “PointsBet Sports Bar, an extension of the arena’s existing sports bar.
Do All Colorado’s Sportsbooks Offer Lines On The Nuggets?
All major reputable sportsbooks offer betting on the Nuggets. The Nuggets are a massive presence in Denver and part of a national league, making them a standard for sportsbook operators in the state
Denver Nuggets Sports Betting FAQ
Yes. Every Colorado sportsbook, whether online and retail, offers bets on the Denver Nuggets. You’ll find moneyline, point spread, and totals bets alongside futures, props and various other wagers.
Yes. The Nuggets have a partnership with PointsBet.
PointsBet inked an exclusive deal with Kroenke Sports and Entertainment. The company is the exclusive sports betting partner of Kroenke, giving it advertising and sports betting opportunities with the Nuggets, Avalanche, and Mammoth.
You can bet on the NBA Finals at pretty much any Colorado sportsbook. Most sites and retail sportsbooks will offer futures bets before the finals and standard lines and props as they’re in progress.
Yes. DraftKings has an online sportsbook in Colorado and a retail location at Mardi Gras Casino in Black Hawk.
Black Hawk, Colorado, is about a 45-minute drive from Denver, and the town hosts seven retail sportsbooks. Choosing one comes down to personal preference; they all have pros and cons.
Yes. FanDuel has an online sportsbook in Colorado. New players get up to $1,000 in risk-free bets plus access to a rotating list of promotions.