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

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.

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