When looking for the betting odds on a particular Australian NBL team to win the championship, one is actually looking for the odds on that team ‘to win outright’.  In other words, one is looking for odds that the team in question will win the NBL outright.  OddsJet compares NBL outright winner odds from several of the best betting sites for Australia that offer AUD accounts.  This allows OddsJet to display the best odds for every team to win the NBL outright so Australian bettors may maximize their potential returns when hoping to predict the NBL Finals winner.

Australian NBL Futures and Ante Post markets explained         

National Basketball League outright winner betting is by far the most popular NBL futures betting market.  Futures markets, also called Ante Post markets, are those that involve a wager that is contingent on a long term result over the course of an entire season, rather than a single game.  In general, the highest paying odds for Ante Post and futures betting markets will come before a season starts.  As the NBL season progresses and certain teams rise in the standings or progress in the playoffs, the odds will tighten and pay less for those teams in position to win the trophy.

Examples of Australian NBL Outright odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both involve the figure of $100. First, negative numbers express how much one needs to wager in order to win a profit of $100.  However, due to the nature of outright betting on the NBL, rarely would any one team be such a heavy favorite that their odds would be below even money.  Most odds will be above even and thus will come as a positive figure, expressing how much potential profit would be returned for a bet of $100.   For example, when you see odds of +350 on Melbourne United to win outright, you would need to stake $100 in order to receive a profit of $350, yielding a total return of $450.

With Decimal odds format, the odds express the full potential amount that will be returned on your wager including the stake amount.  For this, simply multiply the Decimal odds by the stake. For example, if the Illawarra Hawks are listed at 6.50 to win outright, a $100 bet would return a total of $650 including your stake, so the potential profit would be $550. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, with a wager of $100 and odds of 35/1 on the Sydney Kings to win outright (said 35 to 1), one could see a profit of $3,500 (35 divided by 1, multiplied by $100) plus the stake amount for a total potential return of $3,600.