Betting in basketball
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- 08.06.2019
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If you know how to bet on football, you already pretty much know how to bet on basketball. The most common method of betting basketball involves the point spread , which is a handicap the sportsbooks impose on one team to make both teams equal in terms of betting. With the point spread , the team expected to win will be called the favorite, while the team expected to lose will be called the underdog.
The team expected to win gives or lays, points to the team expected to lose for betting purposes. If the Celtics are playing the Knicks, most bettors would bet on the Celtics to win the game. But say the point spread will make the Celtics a point favorite.
What this means is that the Celtics have to win by 11 or more points for its bettors to win their bet, while those betting on the Knicks would win their wagers if the Knicks won the game or lost by nine points or less. If the Celtics win by exactly 10 points, the bet is a push or a tie, and no money changes hands. This is how the bookies and sportsbooks make their money.
The extra dollar is essentially the bookie's fee for accepting our wagers. Essentially, a total is the predicted combined score of the two teams playing. Futures A future bet is made before the end of the regular season or playoffs, and consists of a bettor wagering on the odds of a team winning their conference or the March Madness tournament. The more likely the chance of a team winning the March Madness or its conference, the worse the payout is for the bettor.
Conversely, if the team is a long shot to win March Madness or its conference, then the bigger the payout is for the bettor. Ann wants to bet on North Carolina to win the March Madness tournament. Proposition Bets or Props Prop bets are similar to future bets, but instead of wagering on the future of a team, the wager is made on individual players or game scenarios.
Sports books will describe a scenario and place odds on that scenario actually happening. Example: Will Kobe Bryant Score 70 points in any game this season? Round Robin A Round Robin wager is a way to make multiple parlay bets.
A three-team Round Robin consists of one three-team parlay and two, two-team parlays.
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