How to Bet on Basketball
Basketball is one of the most popular sports in the world. When you consider the history, the players, and the general nature of the game, this isn’t hard to believe. It is truly one of the most exciting sports anyone can watch. Even if you aren’t a diehard fan of the sport, there is a good chance you are going to have a great time watching a live basketball match. If you want to add an extra bit of excitement and interest to the game, then you can. Betting is a really good way to implement an extra edge to a game.
If you are new to basketball betting, don’t worry. Here is your guide on how to bet on basketball.
Winning Margins
When betting on the moneyline (winner) of a basketball match, you are going to see the term point spread. What this is essentially is the margin of victory for a team to win by. For example, if you see the Miami Heat with a line of -4½, this means that they must win by no less than five points. Otherwise, your bet will be deemed a loss and you will not receive any winnings, even if they do win the game.
Understanding Odds
If you are completely new to the world of sports betting, then you need to understand what way odds work. After all, there isn’t much point in betting if you don’t know how much you could win. The simplest way to explain odds is that “+” means underdog, while “-” represents the favourite. The number beside the symbol then represents the betting value. For example, a -500 favourite would require a $500 dollar bet to win back an extra $100. While a +500 underdog would win $500 from a $100 bet.
Also, basketball gambling online will show you how much you will win before committing to the bet, but it is still good to know.
Do Your Research
Before you commit to any bet, you want to have some idea of what you are betting on. Although this might seem obvious, there are plenty of people who just throw their money at a bet, not knowing much. This is why it is important to do your research. This doesn’t even mean doing hours or diving into the history books. Sometimes all it takes is thirty seconds to really get a better sense of what you should back.
For example, if you are betting on an outright winner, then have a look at how the two teams matched up in the past. Who won? Was it one sided? As well as this, you might want to look at the form of the two teams. If one team is in a slump, it might be best to leave them out. This really won’t take long, and it could be the difference between a winning and losing bet. Not to mention you will feel more proud of your judgement if you are able to back a winner.
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