Chicago Bulls Odds

Chicago Bulls 2023-2024 Season

The 2023-2024 NBA season holds great promise for the Chicago Bulls. With a dynamic roster featuring stars like Zach LaVine and DeMar DeRozan, the Bulls are poised for success. During the preseason, they've shown a commitment to improving their offensive and defensive capabilities.

The Bulls' front office has made significant moves to bolster the team's depth and talent, raising expectations among fans and analysts. The partnership of LaVine and DeRozan is expected to provide a potent scoring punch, while the addition of key role players enhances the team's overall performance.

In preseason games, glimpses of their potential have been evident, generating excitement and optimism for the regular season. Chicago is looking to compete at the highest level and make a playoff run, with their renewed roster and aspirations for success.

Betting on the Chicago Bulls

Here are the most popular bet types for wagering on the Bulls through the playoffs.

• Moneyline
• Point Spread
• Over/Under
• Props
• Futures Odds

Bulls Moneyline

A moneyline bet requires a bettor to correctly pick the winner of the game. If you pick the winner of the game correctly, you will win the bet. How much you win will be determined by your wager amount and the associated moneyline for the team you bet on. Here's an example using a recent Bulls game against the Pacers.

• Bulls -125 moneyline
• Pacers +106 moneyline

Chicago is the team favored to win this game, which is indicated by the minus sign (-) next to their moneyline. Indiana is the underdog denoted by the plus sign (+) next to their moneyline. The moneyline number signifies the potential payout for each team. Someone betting on Chicago would have to bet $125 to win $100 whereas a bettor would win $106 with a wager of $100 on Indiana.

Bulls Spread

Users can also place a point spread wager on the Chicago Bulls. This requires a bettor to correctly select the margin of victory by a particular team, rather than simply who wins. Here's the same Bulls vs. Pacers matchup as an example.

• Bulls -2 (-110)
• Pacers +2 (-110)

Oddsmakers set a margin of victory total known as the spread. In this game, Chicago has to win by 3 or more points to beat this spread and Indiana either has to win the game outright or lose by 1 point to beat the spread. Point spreads also have an additional element known as juice, or the vig, which is the tax paid to the sportsbook for each bet. The juice is indicated next to the point spread. This number is used to determine a wager payout. For a bet on the Bulls, a bettor would earn a profit of $100 for every $110 risked. Someone betting on Indiana would also earn a profit of $100 for every $110 risked.

Bulls Over/Unders

Betting on over/under totals looks at the cumulative final score between two teams, not the winner or loser of the game. Bettors are required to accurately predict if the teams combine higher or lower than a number set by oddsmakers. Oddsmakers set the over/under total for Bulls vs. Pacers at 228 points.

• Over 228 points (-112)
• Under 228 points (-109)

Again, juice or vig comes into play with over/unders. Betting over 228 points means in this case that a bettor would have to wager $112 to earn $100. Betting under 228 points would mean a bettors would earn $100 for every $109 risked.

Bulls Prop Bets

For those diehard Bulls fans that have a particular favorite player, prop bets are a great way to bet on them. Oddsmakers will also set lines on player statistics. Bettors then have the opportunity to guess whether those players will go over or under the set line to win money. Some popular prop bets include how many points a player will score, who will score first, how many rebounds a player gets, and many more.

Bulls Future Odds

Futures are bets that focus on long term outcomes, like the Bulls to make the playoffs, win the Central Division, win the Eastern Conference, win the NBA Finals, or even individual awards like DeMar DeRozan winning league MVP.

How to Bet on the Chicago Bulls

Online sports betting is legal in the state of Illinois. Online sports bettors were required to register in-person at a sportsbook through March 5, 2022. After March 5th, though, bettors will be able to register for a sportsbook of their choosing fully online. There are several great sportsbook options in Illinois for residents to choose from.

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