How Does Basketball Betting Work
Most basketball betting fans who are just starting out will likely make bets on the outcome of a match. These match bets simply offer the punter the chance to back a winner. Because there are no draws in basketball, this is the easiest way to get used to basketball betting. You either back the home team (1) to win, or the away team (2). How does NFL betting work? There are several ways to bet on NFL action. We’ll begin with the most simple type of bet: The moneyline. Taking the Moneyline means you’re betting on the winning team regardless of the margin of victory. Underdogs will get plus-odds on the moneyline and the favorites will have negative odds. With the spread, a team either has to win by a certain number of points to payoff or it can lose by a certain number of points and still pay the bettor. Spreads work in the following manner—the favorite team is listed with a negative number and the underdog has a positive number.
As a fast-paced end-to-end game, basketball offers bettors an exciting way to try and make a profit. To help those who want to learn how to bet on basketball get started, we’ve explained a few basic bet types that are vital to basketball betting. Continue reading to find out more.
Do not confuse it with over/under betting, where you are betting whether the total score of the teams will be over or under a predicted amount (see our Basketball Over/Under Betting article). The whole point is to provide an incentive for the bettors to wager on the underdogs and balance the sides on betting a little. The Bet Builder tool calculates your odds immediately, showing you what you could win. You can use the Bet Builder for these options and more, across football, tennis, basketball, golf and many other sports. Sports Betting Blog Visit the Betsafe blog to read match previews, predictions and betting tips from our team of leading experts in their.
Money line basketball betting
Money line markets are the most common and simplest market for a bettor to understand the cost of a bet. This form of basketball betting is simply placing money on a certain team to win the game. For example, look at these money line odds for Boston Celtics vs. Utah Jazz:
In this example, the Utah Jazz (1.364) are the favourites to beat the Celtics (3.440) at home - in American odds this would be -275 and +244. If you staked £10 on the Jazz, you would get a return of £13.64 – which includes your £10 stake. The profit would be £3.64. However, if the Celtics had won, you would win nothing and lose your £10.
If the Celtics win, your return would be £34.40 including your initial £10 stake, which would leave you a profit of £24.40.
Handicap basketball betting
Once you understand how to bet on basketball using the money line, betting on the handicap can become a valuable tool when one team is heavily favoured over their opponents. With handicap basketball betting, to counter the perceived bias in ability, bookmakers offer a handicap to level the playing field.
The handicap number (displayed as either + or – a value, such as +7.5 points) is factored into the final score to determine the game’s outcome for the purpose of the bet. This means that the handicap result is sometimes different from the actual result. For example, look at these two handicap bets:
Golden State Warriors: (+7.5) 2.050
Indiana Pacers: (-7.5) 1.862
If the Pacers won the game (100 – 96), bets on their handicap would actually lose. This is because for the purpose of this bet they started the game with -7.5pts, and therefore we have to subtract 7.5 from their final score. This makes the match outcome 92.5 – 96 in the Warriors’ favour.
If the Pacers won 104-96, the adjusted handicap result is 96.5-96, which means the Pacers still win. This is referred to as “covering the handicap”.
Totals basketball betting
Totals betting (also known as Over/Under) is a bet on whether the combined points scored in a game will be over or under a set number. For example, look at the totals odds for the Sacramento Kings vs. Miami Heat below:
Over 210.5: 1.962
Under 210.5: 2.110
If you bet £10 on the game to be over 210.5 points, and the result was 116-98 (an aggregate total of 214 points), you would make a return of £19.62 (£9.62 profit). If you had backed the total score as under 210.5 with the odds of 2.110, you would have lost the bet.
Despite this article outlining the basic forms of basketball betting, giving a solid grounding in understanding how to bet on basketball, there are more advanced bet types that can be implemented now you know how to bet on basketball.
Money Line betting video explainer
Found this article useful? Why not check out our video that details how Money Line betting works.
How Do Nba Betting Lines Work
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