Basketball fans love to bet on the outcome of college basketball events such as March Madness and the Final Four. So, it should not be surprising that they also like to bet on events in the NBA such as regular season games, the championship, or even the NBA All Star Game. Many of these bets may be a challenge to master, but they are still fun for bettors. This is especially so when bettors win big. A lot of times, if the bettor has done his research, knowing whether or not he is getting good odds is easy to determine.
Bookies give the odds for certain teams to win or lose. So this makes the decision to place bets much easier. There is always a team that is favored to be the winner, and one that has been picked as the loser. However, there are many different things that are going to affect how well or badly teams or players perform. For instance, are they tired or injured? What does the home schedule look like? How many games have they played on the road?
Based upon many these different factors, basketball fans will place bets, and some of the more common options for betting in the NBA are the over/under, point spread and moneyline bets.
Totals and Moneyline Betting
Both totals betting and moneyline betting are very popular NBA bets. Another name for the over/under bet is called totals betting. This bet does not rely on an actual winning team. It is determined by the sum of the points made by both teams.
Moneyline betting is very easy, and this is why it is a very common bet. This is by far the easiest bet to make. All the player has to do is pick the winner. There are no points involved or totals that the player has to target, just pick a winner. The bookies will give higher odds for the team that is favored to win, and lower odds for the team that is perceived to be the loser.
Props and Parley Betting
Props and parley bets are considered to be more advanced types of bets, but both beginners and veterans like to place these bets. Props betting is not based upon how well a team performs. It is betting on the performance of one particular player. How many points, assists or rebounds does he have? Is he pegged to get any awards this year? Props betting depends on the statistics of one player on the team.
Parlay betting allows you to place separate bets together. You might want to bet on the outcome of two different games in one bet. It also allows you to place multiple bets at the same time. A parlay bet can also be a combination of different types of bets. For instance, a props bet could be placed along with a moneyline bet.
Other types of bets may payout more money or may be easier to place, but the point spread option is the most popular one of them all. Every NBA game has a standard point spread. The goal of the point spread is not to determine who is going to win the game. This type of bet predicts the number of points that a team will win by.
The plus sign means that the team has to win or lose by a number of points that is less than is indicated. The minus sign means that the team has to win by a number that is more than what is indicated. For instance, if the point spread is the Mavericks +6.5 and the Spurs -6.5, the Mavericks have to win the game or lose by 6 points in order for the bettor to win. On the flip side, the Spurs would have to win by 7 points in order for the player to win the bet. A team has to lose by a lower number or win by a higher number than the line established for the point spread.
Understanding how NBA betting works will enable you to get the most from this popular form of sports betting. With the right picks you could enjoy a successful season of NBA betting, year after year.