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NBA Sports Betting Market Report for Thursday, December 21st, 2023

NBA Betting Markets

ATS STATS – Delving into the NBA betting market for Thursday, December 21st, 2023, we observe distinct trends across the Straight Up (SU), Over/Under (OU), and Against The Spread (ATS) markets. Here’s a comprehensive analysis based on the Sports Betting Index (SBI):

Straight Up (SU) Performance:

  • 1-Day Performance (Dec 20): A bullish trend with favorites winning 60% of the games.
  • 3-Day to 7-Day Range: Over 3 days, the market is neutral, while over 7 days, it shows a bullish trend (67%).
  • 1-Month to Year-to-Date: The long-term view remains consistently bullish for favorites, maintaining a 70.1% win rate.

Over/Under (OU) Performance:

  • 1-Day Performance (Dec 20): A strong bullish trend for OVER bets, with a 70% success rate.
  • 3-Day to 7-Day Range: A bullish trend is observed over 3 days (63.3%) and 7 days (60%).
  • 1-Month to Year-to-Date: The trend leans neutral, with a slight inclination towards OVER bets.

Against The Spread (ATS) Performance:

  • 1-Day Performance (Dec 20): A bullish day for favorites against the spread, with a 60% success rate.
  • 3-Day to 7-Day Range: The market is bearish over 3 days (38.3%), but neutral over 7 days.
  • 1-Month to Year-to-Date: The longer-term trend is neutral, with a slight favor towards favorites.

Chart for NBA Sports Bettors:

| Range | SU: Favorites Win% | OU: OVER Win% | ATS: Favorites Cover% |
|-------|-------------------|--------------|----------------------|
| 1-Day | 60%               | 70%          | 60%                  |
| 3-Day | 52.7%             | 63.3%        | 38.3%                |
| 7-Day | 67%               | 60%          | 52%                  |
| 1M    | 70.1%             | 56.4%        | 55.8%                |
| 2M    | 70.1%             | 55.8%        | 54.2%                |
| 3M    | 70.1%             | 55.8%        | 54.2%                |
| YTD   | 70.1%             | 55.8%        | 54.2%                |

Legends: SU (Straight Up), OU (Over/Under), ATS (Against The Spread)

FINAL 2 MINUTES

As of December 21st, the NBA betting market shows a strong trend towards favorites in SU and a bullish inclination for OVER bets in the short term. ATS betting is more varied, with recent bearishness giving way to a neutral longer-term trend. Bettors should consider these trends alongside specific game contexts for informed betting decisions.


ATS STATS WIN SMARTER2
author avatar
Ron Raymond
Ron Raymond is a veteran sports handicapper and founder of ATSstats.com, creator of the Raymond Report sports betting system. Active in the industry since 1996, Ron has nearly three decades of experience analyzing market cycles, performance indicators, and value metrics across the NFL, NHL, NBA, MLB, and CFL. Ron’s data-driven approach has helped thousands of bettors think strategically, manage risk, and win with confidence.