Sports betting has become a favourite pastime for many and there are multiple opportunities to generate profits from these bets. For those that love the action of basketball, there are many types of bets that can be placed on professional teams, college teams and even individual players in the leagues from around the globe. Sports betting is fun and exciting, but bettors should know all about the various basketball bets that are offered. Basketball is one of the easiest sports to bet on and the betting uses a point spread system as well as over/under numbers.
The most common form of basketball betting is the point spread. This is a certain handicap that is set by the sportsbook that makes the two teams equal in regards to betting. With this form of betting, the team that is the expected winner will be referred as the favourite and the other team is the underdog. The favourite team will lay or give points to the underdog for betting purposes only. For example, if the Boston Celtics are playing the New York Knicks, the favourite would be the Celtics. The point spread will then make the Celtics a 10 point favourite team. This means that the Celtics wall have to win the game by 11 points or more for any bettors to win. If bettors placed wagers on the Knicks, they would win if the game is won or lost by 9 points or lower. If the Celtics win by 10 points exactly, it is a tie and no money is won or lost.
Another popular form of basketball betting is the totals bet. This is a predicted number that will be the combination of both final scores. This is an easy form of betting and the sportsbook will offer a number and bettors will bet on whether the total will be higher or lower than that number. This bet is also referred to as over/under.
Basketball bettors can also make use of the Money Line Wager. This is a bet on who will win the game and the bet does not use the point spread. These types of bets are used with odds, which mean that bettors may have to bet much more than they should win. Those bettors that want even more of a betting variety will benefit from Parlays and Teasers. These are also known as exotic bets. With Parlay bets, the bettor will bet against any point spread and Teasers will be bets that use the point spread, but the spread can be adjusted. These are the more complicated basketball bets and are usually made by those with great betting experience.
Betting on basketball is not very difficult and with sportsbooks offering bets on many teams and leagues worldwide, there are always options and great games that are being played. Bettors can also place future bets on games that will be played in the future or even on the Championship games that will occur at the end of the season.