The NBA passed its proposal to return to play on Thursday. The league will bring 22 teams (13 Western Conference, nine Eastern Conference) to Orlando to play eight regular-season games each, followed by a potential play-in tournament and a 16-team playoffs.
The alternate playoff format and shortened regular season impact the outcomes of futures bets, like the odds to win divisions and regular-season win totals. It is unclear if the play-in tournament games would count towards season win totals, props or end-of-season awards.
Sportsbook rules vary from one company to the next, but here is an overview of how some bookmakers (and states) are handling the NBA's announcement and its effect on wagers that had already been placed.