Basketball betting is gaining a lot of love from all members participating in online entertainment. Offering major tournaments from around the world, you can take advantage of various betting odds such as handicap, over/under, and more, thus optimizing your profits. Therefore, to better understand this betting format, you need to follow the article below by PHDREAM.
The Concept of Basketball Betting
Basketball betting is no longer a strange concept to many members. It is a form where members need to place a bet based on the outcome of a basketball game. Furthermore, you must choose one of the betting odds provided by the bookmaker, and if you predict correctly, you will win the corresponding amount of money.
What Betting Odds are Available in Basketball Betting?
There are many different basketball betting odds for members to freely choose from, with each format having its own characteristics and betting ratios.
Money Line basketball betting
Money Line betting is one of the most straightforward and popular betting options for basketball enthusiasts. Essentially, you’re just placing a bet on which team you think will win the game. Let’s break it down with an example using the odds for a game between the Boston Celtics and the Utah Jazz:
- Boston Celtics: 3.440
- Utah Jazz: 1.364
Here, Utah Jazz (1.364) are favored to win at home, while the Celtics have higher odds at 3.440. If you decided to bet £10 on Utah Jazz and they came out victorious, you would get £13.64 back — this includes your £10 stake, so your profit would be £3.64. On the other hand, if the Celtics won instead, you’d lose your £10, with no payout.
Now, let’s say you chose the Celtics. If they won, your return would be £34.40, which includes your original £10 bet. That means you’d make a profit of £24.40.
This type of betting is simple but can offer solid returns if you pick the right team to back!
Handicap basketball betting
Handicap betting in basketball becomes especially useful when one team is heavily favored to win. It’s a way to balance the odds and make the bet more interesting. The idea behind this bet is that the bookmaker gives the underdog a head start or penalizes the favorite by a certain number of points. This is done to level the playing field for betting purposes.
For example, you might see a handicap listed as +7.5 or -7.5. This number is applied to the final score of the game to determine the outcome of the bet, not just the actual score.
- Golden State Warriors (+7.5): 2.050
- Indiana Pacers (-7.5): 1.862
Let’s say the Indiana Pacers win the game 100–96. If you placed a bet on the Pacers’ handicap (-7.5), you’d actually lose the bet. This is because, for betting purposes, the Pacers started with a -7.5 point disadvantage. So, we subtract 7.5 from their final score (100 – 7.5), which makes the adjusted score 92.5 to 96, with the Warriors winning.
On the other hand, if the Pacers win 104-96, the handicap is applied (subtract 7.5 points from the Pacers’ score), making the adjusted result 96.5 to 96. In this case, the Pacers still cover the handicap and win the bet.
In short, handicap betting adds an extra layer of strategy, especially when one team is clearly the favorite.
Totals basketball betting
Totals betting, also known as Over/Under betting, is a wager on whether the total points scored by both teams combined will be higher or lower than a specified number. For instance, let’s look at the odds for a game between the Sacramento Kings and the Miami Heat:
- Over 210.5: 1.962
- Under 210.5: 2.110
If you decide to bet £10 on the “Over” with a line of 210.5 points and the final score is 116–98, the total points add up to 214, which is over the set line. In this case, you would receive £19.62 back — a profit of £9.62. On the other hand, if you had wagered on the “Under” and the total score went over 210.5 points, you would not win your bet.
While this article covers the fundamental betting options for basketball, there are plenty of other advanced betting strategies you can dive into as you get more familiar with the game. Totals betting is just one piece of the puzzle, but it’s a great way to add some variety to your basketball wagers.
Some Basketball Betting Tournaments
PHDREAM is always a top name in the entertainment industry, offering a variety of basketball betting tournaments:
NBA: This is a name that attracts a lot of basketball fans worldwide. It offers an exciting betting experience throughout the season, from the regular season to the playoffs and the emotionally charged finals. Therefore, you can freely bet on your favorite team.
EuroLeague: An essential tournament for basketball betting, where the strongest teams with star players compete. You will have the opportunity to bet with attractive odds and the most competitive rates available today.
National Basketball Leagues: In addition, the platform also extends to national league tournaments such as Liga ACB, Lega Basket Serie A, and more. This is a great opportunity for members to participate in basketball betting and find potential betting odds.
International Tournaments: Major international basketball tournaments, where national teams compete for glory. Here, all the major matches from large tournaments are updated, providing members with exciting betting opportunities.
Basketball Betting Tips for Guaranteed Wins
When participating in basketball betting, it’s not just about relying on luck. To easily secure victories, you need to have undefeated betting experience, specifically:
Match Analysis
Before you participate in betting, you need to take time to thoroughly research information about both teams. Don’t just focus on recent form but also dive into head-to-head history, analyze playing styles, tactics, and more. Understanding this data helps you make more accurate predictions.
Bankroll Management
A smart betting tip is to clearly define your betting budget. Divide your betting amount across multiple matches to spread the risk. Avoid placing large bets on a single game when you’re unsure of the outcome. The key to success and protecting your financial capital is patience and discipline.
Bet with a Clear Mind
Basketball betting will bring various emotional highs and lows. You may achieve big wins, but it can also make you lose composure when you lose. Therefore, it’s important to maintain your mental stability, avoid making decisions based on emotions, and be a level-headed player to make sound choices and avoid mistakes.
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Basketball betting is an exciting sports that is essential when participating in online entertainment. It presents its own unique challenges, so you need to equip yourself with knowledge and experience to easily achieve success.
