Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
This NBA betting guide will give you the foundational information that you need to understand basic betting terminology, interpret game odds, and utilize moneylines to help you make educated NBA picks each week. We will use the odds table between the Cleveland Cavaliers and Philadelphia 76ers as an example throughout this guide.
Almost every single game will have a favorite team and an underdog team. The favorite is the team that is expected to win the contest, and conversely, the underdog is the team that is expected to lose. Here's how the moneyline bet looks for our selected NBA matchup: You can tell that Philly is the favored team in this game because they have a designation moneyline. The specific numbers next to the plus or minus signs indicate the associated payout amount for betting on each team.
Bettors must risk more money to profit when placing a wager on a favorite as compared to an underdog. NBA Point Spreads The point spread may also be referred to as a margin of victory bet, bets against the spread, or simply, the spread. In this type of wager, the bettor has correctly pick which team will win or lose by a specific amount of points.
To cover a spread, the selected team must beat the point spread that was assigned by oddsmakers for a particular contest. Similar to a moneyline bet, a minus sign - is assigned to the favorite team. The number next to this minus sign is how many points the favored team has to win by in order to cover the bet.
A bet on the underdog will, if the team wins the game outright or loses by less than allotted point spread. Here's the spread for Philadelphia vs. Typically, you'll see this number directly below the spread in a smaller font. In this game, each team has their own juice number, meaning that the tax you pay to the sportsbook will be different depending on the team you wager on.
The juice is for Cleveland and for Philly. The vig for the spread works the same as a moneyline when calculating a bet's potential payout. What happens, you may wonder, if Philadelphia wins the game by exactly 7 points? A push means that no team covered the spread and you will get the money back that you placed on the wager.
Instead, the point spread is meant to create a situation where half the wagers that come in on a game are on one team while the other half are on the other. The team with the negative number is considered the favorite. Example: For example, if the Boston Celtics are Conversely, a bettor taking the underdog Knicks in this example needs New York to either win outright or lose by three or fewer points. The favorite in a game has a negative moneyline example: Again, moneyline bettors are simply trying to pick which team will win the game.
The moneyline is the agreed upon payout of the wager. If the posted total is
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AdShop NBA Finals Champs Basketballs. Exclusive NBA Finals Memorabilia. The Portland Trail Blazers () will attempt to continue a three-game winning streak when hosting the Denver Nuggets () on Monday, October 24, Today's NBA schedule . Betting the spread is without a doubt the most popular form of NBA basketball betting. The spread is the difference in points that is given to the underdog as a handicap. The favourite .