What factors matter most when analyzing NBA betting odds?

[NightHollow]

I've recently started learning more about how NBA betting lines are calculated, and I'm surprised by how many factors can influence the odds.
Things like injuries, back-to-back games, home-court advantage, and recent team performance all seem to play a role.
I'm curious how experienced basketball analysts approach this. Do you focus mainly on team statistics, or do you also consider scheduling and player availability?
Would love to hear different perspectives on analyzing NBA matchups.