Basketball betting and odds
Basketball betting and odds
Basketball is a very easy sport to bet on. Just like football, it uses the point spread for wagering on
teams, as well as an over/under number. If you can bet on football, then you can also apply the
knowledge to basketball.
Besides, Betway Basketball betting and odds is very easy to understand.
The most common type of basketball betting involves the point spread which is a method in which the
sportsbooks impose on one team to make both teams equal in terms of betting. In this case, the team
expected to win lays or gives points to the team expected to lose for betting purpose. The experience is
better with betway.
Totals
Betting totals of over/unders is the second most popular method of wagering on basketball. A total is
the predicted combined score of the two sides playing. A number is posted and the bettors are given the
option of wagering that more than the predicted total points will be scored (over), or less than the
predicted total points will be scored (under).
Let's say, two teams are playing – Knicks and the Celtics. The over/under number might be 185. Bettors
who wagered on the over would win their bets if the total combined score were 186 or greater, while
those bettors who wager under would win their bets if the combines total score were 184 or lower. If
the combined score is on the 185 mark, then it is a tie and no money is given to any better.
Money Line Wagers
The point spread or totals although quite popular with basketball bettors, there are several other
betting options which have been made available to them like on betway. One is the money line wager
which involves betting on the winner of the game without the point spread. Some teams are given more
than 50-percent chance of winning and so, money line wagers are made using odds which means that if
you bet on the team expected to win, you will be required to risk considerably more than you stand to
win.
The money line odds is like this:
Boston Celtics -300
New York Knicks +240
This means that bettors rooting for the Celtics are asked to put $30 to win $10, while those who believe
the Knicks will win risk $10 to get $24.
Sports betting was done with money lines until too mmy people started betting on the favourites.
Parlays and Teasers
The other types of basketball wagers are parlays and teasers. They are sometimes called exotic bets
because the bettors are expected to correctly predict the sinners if two or more games.
On parlays, the bettors can choose between getting against the point spread or using the money line.
The teasers see made using the point spread which the players can adjust the point spread to favour
them.
In a parlay and teaser, all your teams most win or you loss the entire bet. Even if you pick 6 out of 7
games correctly, it's still a loss.
