Orlando Magic Odds

Orlando Magic 2023-24 Season

The Orlando Magic's 2023-2024 season brings optimism and excitement as they continue their rebuilding efforts. Under the guidance of Head Coach Jamahl Mosley, the Magic aim to develop their promising young talent and build a foundation for the future.

Key players to watch include Paolo Banchero, Markelle Fultz, and Franz Wagner, who all have the potential to become cornerstones of the franchise. The team's focus remains on player development, and fans can anticipate growth from these young stars.

While the Magic may not be immediate contenders, their commitment to nurturing talent and accumulating assets through the draft sets the stage for a brighter future. Orlando fans can look forward to witnessing the progress of their young core and the gradual transformation of the team into a competitive force in the seasons to come.

Betting on the Orlando Magic

Whether you bet for or against the Orlando Magic, there are plenty of ways to get yourself into the action.

• Moneyline
• Point Spread
• Over/Unders
• Props
• Future Odds

Magic Moneylines

For many bettors, a point spread represents a high degree of risk. Many instead prefer to bet on the moneyline, which is a straight-up wager on the winner of the game. Just like with point spreads, a minus sign (-) indicates the favorite, while a plus sign (+) is used to denote the underdog.

We can project what a moneyline bet would look like for the previous example:

• Miami Heat +135
• Orlando Magic -160

In the case of moneylines, the odds should be read in increments of $100. A $100 bet on the underdog Miami Heat would return $135, while it would take a wager of $160 on the favored Orlando Magic to win $100.

Magic Spread

A classic basketball bet that all sportsbooks will offer is the point spread bet. It can best be understood as a wager on the margin of victory in an individual game.

Let’s use an example to better understand the point spread bet:

• Miami Heat (+2.5)
• Orlando Magic (-2.5)

Point spreads are always read with a favorite denoted by the minus sign (-) and the underdog with a plus sign (+). In the case of the above example, a bet on the Magic would require Orlando to win by three or more points to cover the spread, while those same bets would lose if the Magic were to lose or win by just a point or two.

Magic Over/Unders

Teams with little to play for often see their defensive effort drop before all else, and those who have bet the total of Orlando Magic games in recent years have been treated to quite a few shootouts.

An over/under, sometimes called a total bet, is a wager on the cumulative number of points scored between the two teams, regardless of who wins. If the total of a game between the Heat and the Magic was 212 points, over bettors would need the two teams to combine for 213 points or more, while under bettors would be hoping for 211 or fewer points. In the case of a combined score of exactly 212 points, all wagers on that number would push, meaning the bet would be canceled with the stake returned.

Magic Prop Bets

Of course, there’s nothing stopping you from betting on outcomes outside of the result of the game. Prop bets are often tied to an individual player’s performance or the outcome of a single event inside the game. Common examples are over/under bets on a player’s total points, assists, or rebounds. A popular prop bet in the NBA is the first basket scorer, which is a bet that resolves the first time a player scores a basket. Use the prop tools at The Action Network to find value in a wide variety of wagers.

Magic Future Odds

Expectations are low right now in Orlando with such a young group of players on the roster, but bettors should still shop for the best line to get good odds on Magic futures bets. Futures are bets that focus on long-term outcomes, like the Magic to make the playoffs, win the Southeast Division, win the Eastern Conference, win the NBA Finals, or even individual awards like Cole Anthony winning league MVP.

How to Bet on the Orlando Magic

Sports betting is not currently legal in Florida, but there’s a chance it’ll be legalized soon; however, if you wish to bet on the Orlando Magic from one of the states where sports betting is legal, you may check this BetMGM Bonus Code. The state briefly legalized online betting through Hard Rock before rescinding the approval, which is now in limbo. Stay tuned for updates on The Action Network's Florida sports betting page regarding sports betting legislation in the state.

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