Moneyline
You pick the team that wins, overtime included. It is the simplest bet on the board. The favorite pays less; an underdog at 2.60 turns ₱500 into ₱1,300 if it wins.
Spread (handicap)
The book gives the underdog a head start in points. If you take the Lakers at −5.5, they have to win by six or more. Take the other side at +5.5 and you win if they lose, or win by five or less. A lopsided game can carry a spread of 10 points or more.
Totals (over/under)
You bet on the combined score. If the line is 226.5 and the final is 118–112, that is 230 points, so the over wins. Look at pace and at who is out injured, not only at past scores.
Player props
These are bets on one player's numbers: points, rebounds, assists, threes. They depend heavily on minutes, so they are the first thing to recheck when the injury report comes out.
Halftime and quarter betting
Books usually split a game into halves and quarters, each with its own moneyline, spread and total. A first-quarter bet settles in about 30 minutes of real time, which suits a bet before a 9 a.m. meeting.
Where to find quarter markets
Open the game page, not the main NBA list. Quarter and half lines usually sit in their own tab, and some books only post them close to tip-off.