What Does Mean In Basketball Betting

4/12/2022by admin

As for the odds (-110), this simply means that you're risking $110 to win every $100. Again, you don't really need to bet $110, this is just the easiest example to use. Pick a Sportsbook and get started. If you're looking to get into either NBA or NCAA basketball betting. The National Basketball Association isn't football when it comes to betting, but it has enough star power that it is rapidly rising in the online sports gambling.From the day-to-day. A straight bet is a single bet on the outcome of a game or sporting event that is determined by a money line or point spread. Futures A futures wager is a bet placed on the outcome of an event in the future. This means that the team or person is an underdog to win, which means that they are not the favourite. With a number like +200, the 200 is the total amount of PROFIT that you would win with a bet of $100. This is the most common and popular market in basketball betting. A simple 2-way bet with an extra handicap added on the underdog, that has to be overcome by the favorite in order to confirm the win.

As a fast-paced end-to-end game, basketball offers bettors an exciting way to try and make a profit. To help those who want to learn how to bet on basketball get started, we’ve explained a few basic bet types that are vital to basketball betting. Continue reading to find out more.

Money line basketball betting

Money line markets are the most common and simplest market for a bettor to understand the cost of a bet. This form of basketball betting is simply placing money on a certain team to win the game. For example, look at these money line odds for Boston Celtics vs. Utah Jazz:

Utah Jazz: 1.364

In this example, the Utah Jazz (1.364) are the favourites to beat the Celtics (3.440) at home - in American odds this would be -275 and +244. If you staked £10 on the Jazz, you would get a return of £13.64 – which includes your £10 stake. The profit would be £3.64. However, if the Celtics had won, you would win nothing and lose your £10.

If the Celtics win, your return would be £34.40 including your initial £10 stake, which would leave you a profit of £24.40.

Handicap basketball betting

Once you understand how to bet on basketball using the money line, betting on the handicap can become a valuable tool when one team is heavily favoured over their opponents. With handicap basketball betting, to counter the perceived bias in ability, bookmakers offer a handicap to level the playing field.

Ncaab Odds Line

The handicap number (displayed as either + or – a value, such as +7.5 points) is factored into the final score to determine the game’s outcome for the purpose of the bet. This means that the handicap result is sometimes different from the actual result. For example, look at these two handicap bets:

Golden State Warriors: (+7.5) 2.050
Indiana Pacers: (-7.5) 1.862

What Does Pk Mean In Betting Basketball

If the Pacers won the game (100 – 96), bets on their handicap would actually lose. This is because for the purpose of this bet they started the game with -7.5pts, and therefore we have to subtract 7.5 from their final score. This makes the match outcome 92.5 – 96 in the Warriors’ favour.

If the Pacers won 104-96, the adjusted handicap result is 96.5-96, which means the Pacers still win. This is referred to as “covering the handicap”.

Totals basketball betting

Totals betting (also known as Over/Under) is a bet on whether the combined points scored in a game will be over or under a set number. For example, look at the totals odds for the Sacramento Kings vs. Miami Heat below:

Over 210.5: 1.962
Under 210.5: 2.110

What Does Moneyline Mean In Basketball Betting

If you bet £10 on the game to be over 210.5 points, and the result was 116-98 (an aggregate total of 214 points), you would make a return of £19.62 (£9.62 profit). If you had backed the total score as under 210.5 with the odds of 2.110, you would have lost the bet.

Despite this article outlining the basic forms of basketball betting, giving a solid grounding in understanding how to bet on basketball, there are more advanced bet types that can be implemented now you know how to bet on basketball.

Money Line betting video explainer

Found this article useful? Why not check out our video that details how Money Line betting works.

If you want to watch more educational betting videos, subscribe to the Pinnacle YouTube channel!

“Wait, why does this NFL team have a -235 next to its name? What’s with New England Patriots (-15) vs. Miami Dolphins (+15)? Help! HEEEELPPPP!”

If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding.

But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with …

Spreads

It would be really easy to bet on a game if you could put money on a heavy favorite to win.

That’s where point spreads come in. Let’s look at an example:

Philadelphia Eagles (-4.5)

New York Giants (+4.5)

In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs.

Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points.

If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is.

Moneylines

Let’s take that same example above but use moneylines:

Philadelphia Eagles (-200)

New York Giants (+150)

The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100.

The Giants are the underdogs. If they’re +150, that means you could bet $100 to win $150.

Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.

Odds

If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this: