Understanding the Different Types of Bets in Basketball and their Strategies
Do you know why Understanding the Different Types of Bets in Basketball and their Strategies is so important? There is almost always a slate of basketball games to bet on throughout the year, with the NBA season spanning from late October to mid-June and the college game running from November to April.
There is no shortage of basketball betting types; bettors can handicap a game and then bet it the way they want. Here is a list of the most common basketball betting types placed in the top basketball sportsbooks.
Like in any other sport, you would mainly require awareness of the techniques, perseverance, and patience to place successful bets. There are several special bets in basketball, but we will talk about a few. Some punters place bets on the number of points ( over/under bets ) or the winning team. There also spread bets and other less popular types.
Table of content:
- Understanding the Different Types of Bets in Basketball and their Strategies
- Over/Under Betting
- Money Lines
- Point Spreads
- Prop Bets
- Parlays
- Other Forms of Basketball Betting
- Live Betting in Basketball
- Conclusion on Understanding the Different Types of Bets in Basketball
Over/Under Betting
You wager in over/under betting if the final result is over or below a certain amount estimated by a basketball betting platform. So the over wins if it is greater than the predicted number; if it is smaller than the expected number, then the under wins.
In Over/Under bets, bookmakers set a total number of points between the two teams combined, and bettors can bet whether over or under the set total will be the actual amount of points scored. If the set total is 195, bettors bet on whether both teams’ combined score will be above 195 or below 195.
Totals differ based on the styles of the teams playing. Most set totals in the range of 190-210, but they can put a match in the 170 range between two defensive or offensively-challenged teams, and a game can be set in the 230 range between two up-tempo offensive teams. The total includes overtime, so the majority of games that go to overtime tend to go over.
Money Lines
It is usually the most common type of betting in basketball, especially for bettors who do not want to bet their team on the point spread. Here, you bet on who will win the game, and this type of bet is pretty straightforward.
The game score does not matter here. Discrepancies between the two teams are reflected in each team’s price when betting. Bettors who expect that their favorite team will win but do not want to give up points with the point spread can pay a little extra on the money line.
Point Spreads
Basketball is most commonly bet with a point spread, unlike most sports in which money line betting is the most common type of wager. In general, both sides can bet -110 (bet $110 to win $100), and a points handicap makes up the discrepancy between the two teams.
A standard point spread line would, for instance, look like this: Team A -5.5 vs. Team B +5.5. If a bettor selects Team A -5.5, Team A must win by at least six points for the wager to be the winner. When a bettor selects Team B, if Team B wins outright or loses by five points or less, the bet is a winner. Wagering on basketball point spreads allows favorite bettors to bet with less money on their team, and underdog bettors the opportunity to bet on their team with some extra points.
Prop Bets
With prop bets, you can bet on different occurrences in the game. Basketball bets are a wide range of bets on specific statistics for teams and players and in-game occurrences. It is the perfect alternative bet for those who do not want to wager on the usual spreads and money lines.
Bettors can bet on things like the Over/Under on how many specific players will have points or rebounds or which team will score or get to ten points first. Propositions are more than anything else for entertainment value. However, if you see a matchup in handicapping a game that could make a specific player have a great or awful play day, look around for some player scoring props so that you can make bets from your observations.
Parlays
A parlay bet is when a bettor chooses two or more basketball sides, and for the bet to be a winner, all sides selected must win. If all the legs win, the more sides (also known as legs) that the bettor adds to the parlay, the better the payout will be.
Bettors who are very confident with multiple games can choose to parlay their selections for a much better payout than if they bet they would have received each game individually. The possibility of an increased payout comes along with increased risk because every leg must-win, so bettors should know when to use such bets.
Other Forms of Basketball Betting
Betting companies provide much more alternatives than the options listed above, but winning is not always feasible with the others. Here are few samples of other bets:
- “Who will win the 3rd quarter”,
- “Are team A’s points even or odd?”,
- “which quarter will see the most points?.”
The direction a single game would go is almost challenging to foresee. When a team wins halftime by 25 points, they would undoubtedly play more slowly and sometimes slower than when they have to catch up. Bets are often omitted on even / odd points since this is a bet similar to flipping a coin. Or you’re just going to get chances of 1.9, so you’ll create losses in the long run. There are also exclusive bets for matches, for example, “If LeBron James scores more or less than 29 points,” These bets are always beneficial, but for the time being, you can stick to the ones in the list.
Live Betting in Basketball
Basketball has a tremendous advantage when it comes to live betting, but also a big drawback. Betting sites almost often give handicap bets during tournaments, but they might be inaccurate sometimes. You can make the most money right after a basketball game. The only downside is that the NBA matches occur in America and therefore run throughout the night for many other countries. Many other tips and techniques can be useful in basketball betting techniques as you do more research.
Conclusion on Understanding the Different Types of Bets in Basketball
Now that you’ve learned why is Understanding the Different Types of Bets in Basketball and Strategies so important, see Also: Boost your Betting Profits with Football In-Game Live Betting
