Bet Basket
As one of the four major professional sports in the US and a fan favorite around the globe, basketball continues to deliver excitement to spectators and sports bettors all year long. And if you’re looking to up the excitement or if you’re always picking winners and want to turn those picks into cash, stay tuned. In our basketball betting guide, we’re going to lay out all of the details and resources you need to start betting on basketball right now.
Moneyline Basketball Betting Tips. The money line is pretty simple, as all you got to do is place a bet on basketball team that you think is going to win the game. To understand this concept better, look at the example below of the basketball betting lines between the Bulls and the Pacers. Chicago Bulls: 3.440. Indiana Pacers: 1.364. Basketball betting odds on moneyline wagers are based on the likelihood of the team winning. The bigger the favorite a basketball team is, the less you’ll get paid on a win. The bigger the underdog, the more you’ll get paid. For example, let’s say the Miami Heat are playing the Boston Celtics.
If you’re ready to get started betting on basketball for real money today, check out one of our top-rated basketball betting sites listed below!
College Football, Baseball and Basketball Betting Odds A money line bet is on a team to win the game outright (with no point spread) at an adjusted cost. The favorite will have negative odds, while the underdog will have positive odds. The difference here is in the prize or payout, depending on which topic. The Best Basketball Betting Sites in 2021 – Your guide to online basketball betting, with top basketball markets, events to bet on, FAQs, basketball betting tips.
Rank | Gambling Site | Deposit Bonus | Get Started | |
#1 | Up To €150 | Visit Site | ||
#2 | 22Bet Sports | 100% Up To €122 | Visit Site | |
#3 | 100% Up To €200 | Visit Site | ||
#4 | 10Bet Sports | 100% Up To €50 | Visit Site | |
#5 | 100% Up To €50 | Visit Site |
Basketball Betting Resources
Popular Basketball Leagues You Can Bet On
How to Bet on Basketball
Basketball Betting Strategy Tips
Basketball Betting FAQ
Types of Basketball Bets You Can Place
When it comes to NBA betting online, betting on college basketball, or betting on any other leagues in the world, you have options. There’s nothing wrong with keeping it simple and just picking game-winners. However, that doesn’t always align perfectly with your picks and predictions. While you can certainly be a huge winner just choosing game-winners, it’s nice to be aware of what your options are just in case.
Moneyline Basketball Bets
When we talk about betting on the winner of a basketball game, we’re talking about moneyline bets. All you need to do to win a basketball moneyline bet is pick the winner of the game. If you’re right, you win.
While it really is that simple, there is one nuance you need to be aware of. Not every team that wins is going to pay the same amount. Basketball betting odds on moneyline wagers are based on the likelihood of the team winning. The bigger the favorite a basketball team is, the less you’ll get paid on a win. The bigger the underdog, the more you’ll get paid.
For example, let’s say the Miami Heat are playing the Boston Celtics. The NBA basketball odds for a moneyline bet might look like this.
+115
In this example, the Celtics are favored to win. If you put $10 on the Celtics, a win would pay you a profit of $7.41. A $10 bet on the Heat, though, would pay you a profit of $11.50. These varying betting odds are based on the likelihood of each team winning and how the public is choosing to bet the game at NBA basketball betting sites.
If you want to learn more about these types of bets, check out our dedicated basketball moneyline betting guide.
Betting Basketball Point Spreads
Moneyline bets are great, but they do leave a bit of a void. What happens when you think a team is going to outperform what the analysts and fans think but not win the game? Or what happens if you agree that a team is going to win a game but by way more than other people think? Shouldn’t you be more rewarded for a more precise prediction?
This is where basketball point spreads come into play.
NBA betting sites determine which team they believe is going to win the game, just like with a moneyline bet. However, the book goes a step further and determines by how many points. From there, you can bet on whether or not a basketball team is going to outperform the prediction.
All a team needs to do for you to win your bet is outperform the point spread. Here’s an example.
In that same Celtics and Heat game, the sportsbook decides they believe the Celtics will win by 2 or 3 points. Here’s what the spread would look like on the board.
+2.5 (-110)
In this example, a bet on either team pays the exact same amount of money. Let’s look at the outcomes of a bet on the Heat at +2.5.
- If the Heat win the game by any number of points, you win your bet.
- If the Heat lose the game by fewer than 2.5 points, you win your bet. So, a loss of 1 or 2 points is still a win for you!
- If the Heat lose the game by more than 2.5 points, you lose your bet. So, a loss of 3 points or more is a loss.
For a bet on the Celtics, here’s what that looks like.
- If the Celtics win the game by more than 2.5 points, you win your bet. So, a win of 3 or more points is a win for you.
- If the Celtics win the game by fewer than 2.5 points, you lose your bet. So, a win of 1 or 2 points is a loss for you, even though the Celtics won the game.
- If the Celtics lose the game by any number of points, you lose your bet.
Point spreads attempt to “level the playing field” where you can bet on any team even if you expect them to lose. All the team has to do is outperform the point spread, and you win. Additionally, half points are often used to prevent ties. If you’d like to learn more about these bets, check out our basketball point spreads betting guide.
Basketball Totals
When you have a prediction on game tempo but you’re not sure who will win, a totals bet could be what you’re looking for. A totals bet is a basketball wager on the total number of points scored in the game by both teams. The sportsbook sets a line, and you choose over that line or under that line. If you’re right, you win.
208.5 (-110)
For example, the total in the Celtics Heat example might be 208.5. Again, half points are often used to prevent ties. In this example, if the total number of points score by both teams is over 208.5 (209 or higher), a bet on the over wins. If the total when you add both team’s scores together is under 208.5 (208 or lower), the under wins. Generally, both of these bets pay out the same amount of money.
Check out our totals betting guide for more details on this type of wager.
Basketball Prop Betting
The last type of real money basketball betting bet to be aware of is proposition bets (prop bets for short). These are wagers on whether or not something will happen during a basketball game. While that might sound confusing, it’s much easier when you see examples.
Basketball Prop Bet
-200
Basketball Prop Bet
-300
Prop bets are a unique way to cash in on basketball betting predictions that don’t fit neatly into the more common types of bets. If you correctly pick if something will or will not happen, you’ll win the bet. Much like moneyline wagers, different sides of a basketball prop bet might pay our different amounts based on the likelihood and how the public is betting.
Read our basketball prop bets guide for more information on how to bet on basketball props.
Basketball Betting Resources
Now that you know where to bet on basketball online and the different types of basketball bets you can place, the next step is expanding your knowledge. An educated and well-informed sports bettor is one that sportsbooks fear. Here are some great resources to get you on that level.
Basketball Betting Blogs
The game of basketball changes fast with on-court and off-court news and happenings. Our basketball betting blogs not only inform you in real-time of the news, but our experts break down what it means for you as a bettor. Never get blindsided by news or rumors that could greatly impact your ability to make money betting on basketball.
Basketball Betting Picks
Getting the news is important, but there’s a more direct route to profitability you may be interested in—and it’s 100% free. We’ve built a high-caliber team of basketball betting experts willing to share their actual picks in real-time with you 100% free. If you want to see how the pros are betting (and have the chance to jump in right alongside them), check out our NBA betting picks section now.
Most Popular Basketball Leagues You Can Bet On
When it comes to betting on basketball, you’ve got a lot of different options. The two most popular options are the NBA and college basketball. Additionally, you can bet on international leagues all over the world and the WNBA, the women’s professional basketball league in the US.
NBA
The National Basketball Association (NBA) is the premier men’s basketball league in the world and the most popular basketball betting option in the world as well. The best of the best from every corner of the globe strive to make it to the pinnacle of the sports—the NBA. The league is based in North America, with 29 of the teams located in the US and one team located in Canada. That’s why it’s the most popular option for basketball betting.
Here are some fast facts about the NBA.
- The regular season runs from October to April every year.
- Each team plays 82 games during the regular season.
- The NBA was founded in 1946.
- The head offices for the NBA are in Manhattan, NY.
- The top eight teams in each conference make the playoffs every year.
- Teams compete to make it to the NBA Finals, where they can win the championship and take home the Larry O’Brien Championship Trophy.
Current NBA Teams
Eastern Conference
Atlantic Division | Central Division | Southeast Division |
---|---|---|
Boston Celtics | Chicago Bulls | Atlanta Hawks |
Brooklyn Nets | Cleveland Cavaliers | Charlotte Hornets |
New York Knicks | Detroit Pistons | Miami Heat |
Philadelphia 76ers | Indiana Pacers | Orlando Magic |
Toronto Raptors | Milwaukee Bucks | Washington Wizards |
Western Conference
Northwest Division | Pacific Division | Southwest Division |
---|---|---|
Denver Nuggets | Golden State Warriors | Dallas Mavericks |
Minnesota Timberwolves | Los Angeles Clippers | Houston Rockets |
Oklahoma City Thunder | Los Angeles Lakers | Memphis Grizzlies |
Portland Trail Blazers | Phoenix Suns | New Orleans Pelicans |
Utah Jazz | Sacramento Kings | San Antonio Spurs |
Most Recent NBA Champions
- 2020 – Los Angeles Lakers
- 2019 – Toronto Raptors
- 2018 – Golden State Warriors
- 2017 – Golden State Warriors
- 2016 – Cleveland Cavaliers
For more information on betting on the NBA, head on over to our dedicated guide on real money NBA betting now.
And if you’re looking for the safest online NBA betting experience, make sure to check out our list of the best NBA betting sites.
College Basketball
College basketball, sometimes referred to as NCAA basketball, is the US-based basketball competition between colleges and universities. Generally, college basketball is where future NBA stars prove their worth in some of the most exciting real money basketball betting action on the globe. The league is broken down into several divisions based on the size of a school and conferences based on the school’s location and affiliation. Division I men’s basketball is the most prominent.
Here are some fast facts about college basketball.
- The season-long champion is decided through a single-elimination tournament known as NCAA March Madness.
- Currently, the tournament starts with 68 teams, but that number has fluctuated over recent years.
- There are 350 Division I college basketball teams.
College Basketball vs. the NBA
There are some substantial differences between college basketball and the NBA when it comes to the league, gameplay, and betting. Here are some of the most important differences to be aware of:
- The NBA plays four 12-minute quarters, while college basketball plays two 20-minute halves.
- The NBA is a professional sports league, while college basketball is technically an amateur competition.
- Because of the last point, NBA players are paid, and college basketball players are not. However, some college basketball players may receive scholarships in return for playing.
- The shot clock in the NBA is 24 seconds. In NCAA basketball, the clock is 30 seconds.
- NBA players can play for as many years as they’d like. College basketball players have limited eligibility, which means they can only play a maximum of five years.
Most Recent NCAA Champions
- 2019 – Virginia
- 2018 – Villanova
- 2017 – North Carolina
- 2016 – Villanova
- 2015 – Duke
March Madness and Bracket Building
When it comes to betting on basketball, nothing is more exciting than March Madness. The tournament that decides the National Champion is crammed into about a month a half, which means games, games, and more games. The excitement level for a college basketball fan is unmatched by anything else on the planet.
The 68-team, single-elimination tournament starts in mid-March and runs through April every year. In addition to the ability to bet on every game, many people partake in what’s known as bracket building. Once all 68 teams are announced, fans try and predict the winner of every game all the way to the championship.
Fans then join bracket leagues where points are awarded for correct picks. Whoever gets the most points from the most correct picks, wins! Generally, the top 10% to 15% of winners are paid in a tournament-style payout (1st place getting the most, etc.).
If you’re looking to bet on individual games during the tournament, head on over to our complete March Madness betting guide.
And if you’re looking for the ultimate resource for filling out a winning bracket, you’ll definitely want to check out our March Madness bracket betting guide. It’s filled with tips, tricks, resources, and expert insight into building a winning bracket.
March Madness Betting Sites
International Basketball Leagues
If you’re wondering where to bet on basketball, it doesn’t just stay in the US and North America. International basketball leagues have grown in popularity over the years, especially as fringe NBA players have moved overseas to work on their games in hopes of making it back to the NBA. Some of the most popular international basketball leagues are in parts of Europe, mainly Italy, Spain, and Germany.
Some of the more prominent leagues include:
- EuroLeague
- EuroCup
- Liga ACB (Spain)
- Basketball Super League (Turkey)
- VTB United League (Russia)
- Lega Basket Serie A (Italy)
How to Bet on Basketball
You’ve got two main options when it comes to betting real money on basketball—betting at a land-based sportsbook or online basketball betting. Here are the step-by-step instructions for placing a basketball bet with each option.
Land-Based Sportsbooks
- Find the closest sportsbook. In order to bet at a land-based sportsbook, you have to go there in person. Find the closest book that you want to wager at. Keep in mind that it may be at a casino and might not be a standalone operation.
- Complete your research. You’re not going to have your computer with you at the sportsbook, which means you need to do most of your research at home. You will be able to use your phone, but that might not be optimal, depending on how in-depth your research process is.
- Drive to the sportsbook. Once you’ve got your research and picks in mind, head to the sportsbook.
- Check the betting odds. A major drawback to betting at land-based sportsbooks is that you don’t know the odds until you get there. When you get there, look at what the odds are on the board. For more specific bets, you may need to ask an agent for updated basketball betting odds.
- Decide which bets you still want to make. As your bets are heavily dependent on the basketball odds offered (or at least they should be), you need to decide which bets you still want to make.
- Hop in line. The next step is to get in line and wait for an available betting agent.
- Check the odds again. Depending on how long the line is or who bets in front of you, the odds may change while you’re waiting. Double-check them again and decide the bets you want to make.
- Make your basketball bets. The last step is to make your bets! Do make sure to check your tickets before leaving the counter to make sure the agent didn’t make any mistakes. Sportsbooks are loud, and agents work long hours, which can make for the possibility of mistakes
Betting on Basketball Online
- Create an online sports betting account. The first step for how to bet money on basketball online is to create an online sports betting account. This should take about 10 minutes max and only needs to be done the first time you bet.
- Complete your research. Take the time to do your research and start to look into which basketball bets you want to make.
- Shop your basketball betting odds. One of the huge perks of real money betting on basketball online is the ability to shop your bets around. What this means is you can check the odds at multiple different sportsbooks to get the best lines and odds available. This isn’t an option at land-based sportsbooks unless you want to drive to another sportsbook.
- Place your bets. Once you’ve decided on your bets, there’s no hopping in line and hoping the odds don’t change. Select your bets, choose the amounts, and hit submit.
Basketball Betting Strategy Tips
While our guides linked above give you free access to online basketball betting strategy and thousands of basketball betting tips, there are a few quick tips we want to share now. If you’re in a hurry to get a bet in, make sure to check these tips out first and bookmark the more in-depth basketball betting guides for later.
Always Check Your Betting Slips for Accuracy
No matter if you’re betting on basketball online or betting on basketball in person, you’ve got to check your betting slips immediately after you make your wager. What you’re looking for is that the bets are correct, the amounts are right, and there’s nothing that seems out of the ordinary.
Sportsbooks are loud, and sometimes we may misclick and make mistakes. There’s no worse feeling when betting on basketball at a sportsbook or online NBA betting than thinking you won a bet only to find out that your bet slip has a mistake on it. Take 30 seconds and check every time you make a wager.
Defense Is Just as Important as Offense
There’s a tendency among new basketball bettors to focus only on the offense. Sure, it’s the most fun part of the game, but it’s a tunnel-vision approach that can get you in trouble. When you’re making your basketball betting picks, make sure to pay equal attention to the defense. How are the different offenses and individual players going to match up defensively? Just because a player or a team has been hot on offense doesn’t mean that will continue against a defensive powerhouse.
Monitor Injury Reports Closely
We can’t tell you how many stories we’ve heard from bettors who thought they were cashing in on an incredible line, only to find out later that the reason the line was so juicy was because a star player was injured or sitting out. Make sure you stay on top of injury reports and rumors as much as possible. You won’t be able to catch all of them, especially if you bet early, but you can do your best.
Understand Basketball Betting Odds
We’ve covered this extensively in our guide on how to bet on NBA basketball, but it’s worth repeating until the cows come home. Not all basketball bets pay the same amount of money. While you probably get this, make sure you know that this goes even further. There are times when you should avoid making a bet you expect to win because the payout odds aren’t good enough. Additionally, there are times you should make a bet you think is going to lose because the betting odds are too good to pass up.
The secret to winning online NBA betting or betting on anything else is making wagers that have value. Value is a fancy word for the potential to get a better payout on something than you really should.
For Example:Let’s say there’s an upcoming basketball game between the Florida Gators and the Georgia Bulldogs. Let’s say that you think the Bulldogs are going to lose, but you think it’s going to be a really close game. Well, what happens when the sportsbook thinks the Gators are going to win but that it’s going to be a blowout? Chances are that the payout odds on the Bulldogs to win are going to be really juicy.
This is an instance where you might make that bet to take advantage of the value. Sure, you still think the Gators are going to win. However, you think it’s going to be a very close game, which means one or two buckets the other way, and you win your bet. Because the sportsbook is paying out way too much for something that’s more likely than they think, this is a great value spot for real money basketball betting.
Know the Implications of the Game
It shouldn’t be surprising that some teams outperform expectations when a game is important. Additionally, teams that don’t have anything to play for might be more likely to “mail it in” and not give 100% effort. These teams with nothing to play for also might work to protect star players, as the risk isn’t worth the nonexistent reward.
As a basketball sports bettor, this is one of the most important basketball betting tips to know. Make sure you don’t put too many eggs behind a team that doesn’t care about winning.
Basketball Betting FAQ
Is Basketball Betting Online Legal?
In most areas of the world, betting on basketball is 100% legal. With that being said, the definitive answer to this question depends on where you live and if your local jurisdiction has any special laws surrounding the act of betting on basketball. For most areas, you should be completely good to go. But it is always smart to check on your local laws before proceeding.
How Does Basketball Betting Work?
Basketball sports betting is the practice of making a wager on what you think is going to happen in an upcoming game. If your prediction is correct, you get paid a certain amount of money for being right. Different sportsbooks offer different options for betting on games and different payouts based on the likelihood of the wager winning. All you have to do to get into the action is make a prediction, put your money down on that prediction and wait to see the outcome of the game. If you’re right, you win!
Can I Bet on Basketball Online for Real Money?
Absolutely! Thanks to the exponential growth of the online betting industry, you can bet on many different types of basketball online for real money. The best NBA basketball betting sites deliver the exact same experience you get at the sportsbook except with more options, more convenience, and a lot more flexibility.
What Are the Best Sites for Real Money Basketball Betting Online?
When it comes to betting on basketball online, you probably already noticed that you have hundreds of different options. The best betting sites with basketball odds are the ones that offer a safe and secure environment with the most flexibility and options for wagers. Additionally, when we’re racking and stacking our favorites, we look at things like mobile-friendliness, the user interface, bonuses, VIP rewards, reputation, and the overall track record of the company.
Should I Join Multiple Online Basketball Betting Sites?
If you’re serious about winning and turning a profit betting on basketball online, then you absolutely should join more than one NBA betting site. Each different basketball betting site may offer different lines and betting odds on the exact same wager. By joining multiple books, you can shop around to find the best odds and lines for the wagers you want to make.
Can I Bet on Basketball Games That Already Started?
Yes! Live basketball betting is the practice of wagering on a game after opening tip-off. Many of the top online basketball betting sites offer this fast-paced and exciting betting option. Generally, you’ll be able to bet on things like the point spread, totals, and sometimes what the next basket is going to be (free throws, three-pointers, etc.) Depending on which NBA betting sites you use, you may have these options between quarters, only at half time, or after every single play for truly live betting.
As one of the most popular sports to bet, sports bettors have been making
money on basketball for years and show no signs of letting up anytime soon.
While the sport itself is simple and the bets on the sports are also simple, the
strategy can sometimes be a bit confusing knowing where to start. Ultimately,
you will probably develop your own strategy to beat the books, but we can help
by giving you some tips to get you headed in the right direction to “making some
serious coin.” It’s our understanding that is how the cool kids say making
money.
The best way to utilize these strategy suggestions is to use them as a guide
for developing your complete betting strategy. While most of them are meant to
be taken literally, it’s important to remember that they are meant to be a piece
of your overall strategy, not the entire strategy. These tips should work
hand in hand with your own strategies and should help to direct the way your
mind works to develop your strategy. Basically, don’t let one tip below be the
only way you pick your bets. Use them as pieces of a more comprehensive betting
strategy based on your knowledge base.
Points in the Paint vs. 3-Pointers
Paying attention to how a team makes most of their points can be important
when looking at consistency. A team that relies heavily on 3-point baskets is
great, but it’s a lot easier to go cold on shooting 3-pointers than it is on
posting up and driving to the basket.
paint are going to be more reliable and are going to be less susceptible to cold
streaks.
Keep this in mind when looking to pick game winners as well as if you are
making bracket bets for the tournament in college basketball. The winning team
in the NCAA tournament is almost never a team that makes most of their points
from beyond the arc. Those teams are great to look at for upsets, but not for
long-term consistency and deep runs.
Check the Team’s Schedule
Fatigue plays a huge role in the success of teams in basketball. Unlike
sports like football, teams play a lot of games and their schedules vary, often
with multiple games throughout the week. Take a look at how many games the team
has played recently and if they’re on a long road trip or something like that.
If a team is playing their fourth game in five days, you can bet that they’re
going to be tired which means they’ll be slower and less likely to perform well.
Looking at the location of these games is also important as away/road games
will definitely take a bigger toll on a team’s energy. Also, look at how far
they have to travel for their games. If they are going cross country back and
forth for every game, the travel is going to wear on them even more. You should
also take a look at what point it is in their season as the effects of this
don’t usually start coming in as heavily until after the first quarter of the
season. The later in the season it is, the more this is going to be an issue and
the more opportunities it will create for you.
Road Favorites After a Blowout Loss
A popular betting strategy is to take a look at teams that are favored in an
away game after getting blown out in their previous game. These teams are
clearly strong enough in talent to be still favored on the road after a big loss
which means they have a lot of actual talent and substance that the oddsmakers
still like.
These teams are also going to be fired up after getting embarrassed.
Teams that have been blown out by 15 or more points and are still road favorites
in their next game have covered the spread over 60% of the time in the last 10
years.
Big Home Underdogs
No one likes to lose at home in front of their own fans. This seems to be
true when it comes to basketball as well. Teams have a strong tendency to cover
the spread when they are big underdogs (10+ points) at home.
A lot of this has
to do with the emotional desire to impress at home, and a lot of it has to do
with the other team usually letting off when they’re up quite a few points.
They’ll put in second stringers and rest their big names because it only matters
to them if they win, not by how many points. Even though we care about the
spread, teams playing the game do not. A win is a win, and a loss is a loss to
them.
Bet Basketball Game
Watch for Moving Lines
One of the best ways to dominate sports betting of any kind is to recognize
that there are experts out there who are practical geniuses at sports betting.
If you’re one of them, this won’t affect you as much, although it always helps
to know what the other experts are doing. If you see a line moving one direction
after the public has bet heavily on the other side, you’re probably witnessing
the experts taking advantage of the uneducated public.
Historically, the general public has not been very smart when it comes to
sports betting. They bet with their heart instead of their head way too often
and are too eager to jump on trends that don’t mean anything. There’s a reason
sports books are so profitable. This creates a lot of opportunities for the
expert bettors. Here’s what we mean with an oversimplified example.
Let’s say the Orlando Magic are -6 points to win a game and they’re playing
the Knicks. All the sports outlets and the media start talking about how great
and underrated the Knicks are, and the public starts betting heavily on them.
The line moves quickly to the Magic -3 reflecting all of the public betting on
the Knicks. If you start to see the line moving back the other direction, like
back to Magic -4, you are probably witnessing the smart money taking advantage
of the public’s over-eagerness to get on trends. When you see this, you should
bet with the experts.
to start betting the line the other way to jump on an opportunity created by the
public.
If you see a line moving one way and you think it’s way off because the
public is betting based on their hearts and popularity, definitely bet the other
direction. You may still want to wait a little bit to see if it moves any
further in what you think is the wrong direction. For example, in the above
example, after the public starts betting what you think is incorrect, the line
will move from Magic -6 to Magic -5. You could bet it right then if you think
it’s now a great bet or you could wait and see what happens. If the public keeps
betting it, the line will move further and further in your favor making your bet
much more attractive. The worst thing that can happen is the line corrects back
to its original point, and then you just don’t bet on that game. You can also
bet the game at -5 and then bet it again if it moves further if you think
they’re both good bets.
Finding the perfect timing to jump on moving lines is an art form and one you
will have to perfect as you go along. We also want to make sure to point out
that just because a line moves does not mean you have to bet on the game. You
should really only bet on the game if it fits with your strategy and you think
it is a good pick. You also want to be careful to make sure that the line
movement is from the experts correcting bad betting by the public, not the other
way around. The sportsbooks are great about putting out good lines, but they do
make mistakes. If they put out a bad line, the experts will start betting it
immediately, and it will correct quickly. Don’t confuse this with the public
incorrectly moving the line.
To make this all easier, here are some quick tips to go along with this
strategy.
- Know WHY the line is moving. Don’t just bet because it moved.
- Only bet if you think the new line is a good bet. Don’t just bet because it
moved. - You don’t have to wait to jump on a bad line, but timing and waiting can be
beneficial as well. - Sportsbooks are wise, but they still make mistakes too.
- Sometimes the public will be right.
Bet Basketball Games Online
Watch Out for Your Favorites
We mentioned a few times above that we can find opportunities to take
advantage of the betting public’s willingness to bet with their heart instead of
their head. The obvious caveat to that is that we don’t want ever to be the ones
that other people are taking advantage of. The best way to do this is to be
careful when we
look to bet our favorite teams and be careful who we get news
and advice from and how we choose to interpret it. Let’s look at each of these
briefly.
We all always want our favorite team to win. Because of this, our brains work
to find the ways that it is possible, even if it is not probable. This is great
when you are being a fan because it gives you hope and can make the game
watching experience much more enjoyable. As a sports bettor, though, it can
spell impending doom. This improbable hope can cut into your profits if you let
it bleed into your picks and strategy. The best advice is probably to avoid
betting your favorite teams unless you are sure of something with your strategy.
It’s tough to be unbiased, and there are usually a ton of other games to choose
from.
The second thing we mentioned is being careful who you get advice and news
from and how you choose to interpret it. The public loves to glamorize stories
and underdogs, and they are professionals when it comes to hyping up games that
might not actually be as close as they say it might be. It’s important for
you not to get caught up in these stories and let it affect your betting
strategy. The best way to protect yourself against this is to be careful of
where you get your news and information from and make your picks as independent
of other people’s opinions first. After you have made your pick, you can reach
out to others and read other opinions and see if it changes the way you have
chosen to bet. Just don’t let it control you and don’t become a member of the
dreaded “general betting public.”
Cherry Pick Your Games for Value
It is no secret that the odds makers are good at what they do. Most of the
lines they put out are going to be spot on and will make finding value a
challenge. That doesn’t mean that value does not exist. When there are lots of
games going on, it’s much more likely that you might be able to find some lines
with mistakes in them. Smaller games in popularity are also going to have less
time spent on setting their lines. There really is no secret to when to try and
find bad lines. The key is to have a strategy in place that helps you spot these
lines and take advantage of them.
One of the best ways to do this is to set up a system to where you determine
what you think the line on the game will be BEFORE you actually look at the
lines. Then you can bet on the games that look to have value to you. For
example, let’s say you are going to be betting NBA games and you want to bet
three games. You pick the following games
- UNLV vs. Gonzaga
- Florida vs. South Carolina
- Miami vs. Duke
Now, BEFORE you look at the lines and point spreads on these games you work
your strategy and try and figure out what you think the spreads should be. You
determine the following:
- You think UNLV will lose by 6 points.
- You think Florida will win by 4 points.
- You think Miami will lose by 2 points.
So if you were the odds maker, you would set the lines at:
- UNLV +6
- Florida -4
- Miami +2
When you check the actual lines at the sportsbook, you see the following:
- UNLV + 8
- Florida -4
- Miami +1
In this situation, you would do the following:
- Bet on UNLV because they can lose by eight points according to the
book instead of the six you think they’re going to lose by. You think that
UNLV will do better than what the oddsmakers think. - Don’t bet on the second game because you think the line is correct.
- Bet on Duke because they only need to win by one point instead of the
two that you think they are going to. You think that Duke will do better
than what the oddsmakers think.
The point here is to determine how you think the teams will do and what you
think the spread should be before you look at what the book has posted. This
will protect you from being influenced by what they predict and will also make
it much easier to spot value bets.
Check the Lineups
This is a fairly basic tip that unfortunately is ignored way too often. When
you’re betting on games, make sure to check injury reports and rosters before
you make your wager.
Let’s say you see the Golden State Warriors
are playing a game and are only -2 to win against the Knicks. You think this is
an incredible value and can’t believe the book would post such an awful line.
What you forgot to look up, though, is that Steph Curry, their star player, is
out along with two other starters. This happens a lot especially with long
seasons and a lot of games to be played.
Make sure that the players you are
banking on to help you win your bet are actually slated to play in the game. It
only takes a few minutes and can save you a lot of money in the long run.