Betting on the NBA has increasingly became popular over the past few years, mainly in part due to the fact that the NBA has become more of a worldwide sport and not only based in the USA. There are 30 teams in the NBA, 29 in the United States and 1 in Canada. These teams play in 82 regular season games, plus the postseason. This provides ample opportunity for gamblers to wager from late October until late April, as well as the postseason which runs from April until June, on NBA games.
There are plenty of different variations of wagers that one can play during the NBA season. Many years ago, there were only the basic means of wagering but nowadays, you can bet on many different types of bets on the NBA. This article will describe exactly what different wagers you can play in the NBA season.
NBA Point Spread Betting
The most common and well known means of wagering on the NBA is Point Spread Betting. Point Spread Betting is basically picking one side, to win the game, and that specific team is either plus or minus a certain amount of points. The favorite of the game will be minus points, while the games underdog will be plus points.
As an example, take for instance the Washington Wizards are playing the New York Knicks on a Monday Night in the Nation’s Capital. The Wizards are the favorite of the game and are -5 points. If you were to bet $100 on the Wizards, you would need the Wizards to win the game by more than 5 points but if you were to bet on the Knicks, you would only need them to keep the game close and end it within 5 points.
Using that same game, if the final score was Washington 105 New York 102, all of the players that bet on the Washington Wizards would of lost because when you take off the -5 points that they were laying, the adjusted final score would be Washington 100 New York 102.
Total Bets (Over/Under)
Over the years, many bettors have become accustomed to betting on the totals in the NBA. Betting on the totals is basically defined as betting the combined score of both teams to go over or under a predetermined number. This is pretty much self explanatory but to give a brief description, let’s say for instance the Wizards and Knicks game total is 210. With the final score being 105-102, the total combined score at the end of the game is a total of 207 points. This means if you were to have bet the over, you would of lost but if you played the under, you would of won because 207 is less than 210.
Playing the Moneyline is another way that many gamblers take advantage of the NBA season. Betting the Moneyline is similar to Point Spread Betting in the fact that you are picking a team to win the game but the difference is the fact that there is no point spread and instead, you are betting against odds.
This means if you were to use the same game above, Wizards vs. Knicks, and instead of Washington being -5 points, you played the Moneyline which was Washington -170. If you played the same $100 on the Wizards, you would win $100 but if the Knicks had pulled out the straight up win, Wizards players would of lost $170. With Moneyline wagering, the favorite in the game is usually (-) minus odds while the favorite of the game is usually (+) plus odds. This is a great way to make extra money in single wagers.
As with most sports, Parlay Wagering is available on the NBA. Parlay Wagering is best defined as two or more wagers placed on the same ticket with the chance to cash in on a large payday. The advantage for Parlays are always on the side of the house because a bettor needs to be perfect to win the wager, meaning that if you play a 4 team parlay for $100.00 with the hopes of winning $1,000.00, you would need to win all 4 games to cash in the ticket. Winning one game can be difficult at times but winning 4 teams only adds to the hardness of winning.
That being said, if you hit one of those big parlays, you can drastically increase your bankroll in a quick period of time. A breakdown at most online sportsbooks will get you a return on investment as follows:
- 2 team parlay 13 to 5
- 3 team parlay 6 to 1
- 4 team parlay 10 to 1
- 5 team parlay 20 to 1
- 6 team parlay 40 to 1
- 7 team parlay 75 to 1
- 8 team parlay 150 to 1
- 9 team parlay 300 to 1
- 10 team parlay 700 to 1
Always keep in mind that at various online sportsbooks, the return on investment may vary due to odds and amount of money wagered on a particular team.
Playing Teasers in the NBA is a great way to move the line some extra points in your favor. In the NBA, players can move the line 4, 4.5 or 5 points on a series of games to benefit the bettor. Once again, the advantage on this bet is always on the house or sportsbook. This is because you must win all of your selections, in order to cash the ticket.
Many people refer to “Teaser Bets” as “Sucker Bets” mainly because they are such a tease, hence the name. The extra points added to the team you wager on is sort of encouragement to gamblers to take the points and bet on that team.
One of the funnest ways to wager on the NBA is by betting on the props. Prop wagering consists of picking an alternative wager and placing a certain amount of money on that prop play to win.
For example, some prop plays that you may see are who will have more points, who will post more fantasy points, combined player points, which team will have the largest lead, which team will score the first 10 points of the game, most three pointers and much more. There are hundreds of prop wagers that a gambler can play during a normal game.
NBA Futures Wagering
Another very nice way of utilizing the odds to benefit your wager is by playing NBA Futures. These are basically picking what team you think will win the NBA Finals, Eastern or Western Conference and each individual division. These bets are based against odds and can be a great way to cash in on a longshot with decent odds.