Basketball is one of the most popular sports in the world with hundreds of leagues in multiple countries. In addition to having a large fan following, it is also a favorite amongst sports betting enthusiasts. This is because it can be very lucrative if done correctly. Here, you will learn How to Bet on Basketball from our basketball betting picks experts the fast and easy way.
Basketball betting is very similar to betting on other sports and offers a wide range of betting options and markets. Thus, fans and bettors alike will find many opportunities to bet on basketball. There are several leagues to bet on, but the NBA is arguably the most popular one. However, it is also easy to bet on other leagues like the KBL (Korean Basketball League). Thus, if you want to bet on Ulsan Hyundai Mobis Phoebus or on Anyang KGC with the right sportsbook.
How to Bet on Basketball – The Basics
How to Read Basketball Betting Odds
In this section, we will teach you how to read Basketball Betting Odds and how to use them to bet. Thus, we will cover the point spread, money line and the over/under which are the main types of basketball bets.
All sportsbooks use the same type of arrangement to show their sports betting odds. Here is an example of one:
|Team||Point Spread||Money Line||Total – Over/Under|
|Busan KT Sonicboom||+2.5 -110||+120||186.5 -110|
|Changwon LG Sakers||-2.5 -110||-140||186.5 -110|
First off, the visiting team is always shown first while the second team is always the home team. Next is the Point Spread and afterwards you will see the Money Line and the Totals of the game.
How to Bet on the Basketball Point Spread
Point Spread which is arguably the most popular type of bet in basketball because it gives teams a handicap. Basically, betting on the point spread is a way for sports betting websites to even the odds for a team. Thus, what the basketball point spread does is add points to the underdog to make the betting more even.
Looking at the odds above, the Point Spread for the Busan KT Sonicboom is +2.5. This means that if the KT Sonicboom lose by less than 2.5 points you win the bet. On the other hand, if you bet on the LG Sakers and they win by less than 2.5 points you will lose the bet.
This type of odds are made by the bookmaker to even out the sports wagering on both teams. This is because they do not want everyone to bet on the favorite team. Thus, by adding a point spread, it helps to make the betting 50/50 for both teams.
The -110 next to the point spread is the vig or the commission the sportsbook gets for taking the wager. Thus, if you bet $100, and win, then you win $90. If it was +110 it would mean that you bet $100 to win $110.
How to Bet on the Money Line
Betting on the money line is a very easy type of basketball bet. For example, the money line on the Changwon LG Sakers is -140 making them the favorite team. Thus, you have to bet $140 to win $100 because they have better odds to win the game. Therefore, you must wager more to win less. On the other hand, if you bet on the KT Sonicboom at +120 you are taking a bigger risk. Thus, you bet $100 to win $120.
How to Bet on the Total or Over/Under
A total or over/under basketball bet is where you bet on whether or not the number of point total of a single game will be over or under what the sportsbook sets for that event. Thus, if the Total is 186.5 then you bet on whether the final score will be above or below that. Once again, the -110 shown is the commission.
Now that you know how to bet on basketball, its time to bet with the best! Use VOBET, the best sportsbook in the world to bet on basketball!