What Does Mean In Basketball Betting

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. 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.

Key Points About Football and Basketball Betting Odds. With money lines, the $100 reference point doesn’t mean you have to either bet $100 or enough to win $100 You can wager whatever amount you. Basketball Point Spreads. Point Spread betting is basically betting by how much a certain team will win or lose. The whole concept of point spreads is based on the principle of underdogs and favorites.

Categories:Types of Betting Published by: Tony Hammonds

Handicap basketball betting betting typically adds points to one team before the start of the game. This is done to try and level the playing field between a favourite team and an underdog team.

Handicap Basketball Betting Explained

Handicap betting is a valuable tool for punters when one team is highly favored over the other team. To balance the alleged bias in strength, bookmakers offer a handicap to even the playing field.

What Does Mean In Basketball Betting Parlay

The Handicap basketball betting number often displayed as either – or + a figure, such as -6.5 or +6.5 points is factored into the final results to determine the match’s results for the purpose of the wager. This means that the handicap outcome is at times different from the true result.

For instance, look at these two handicap wagers:

Basketball

Warriors: (+6.5) 2.0

Indiana: (-6.5) 1.8

If Indiana won the match (100-96), wagers on their handicap would lose. This is because for the purpose of this wager they started the match with -6.5 points, and therefore the bookmakers would have to subtract 6.5 from the final results.

This makes the event outcome 93.5-96 in the Warrior’s favour.

If Indiana won 105-95, the adjusted handicap outcome will be 98.5- 95, which means the Indiana still win.

Basketball

Basketball Betting Rules

For bets to stand at least 35 minutes of play must have elapsed.

Betting on the game handicap, money line or total points (under or over) include any overtime scoring unless otherwise stated. Overtime only counts to determine the game handicap, money line, and total points (under or over) and not a two game series outcome.

Overtime will not count to fourth quarter betting.

Half Time/Full Time- Overtime does not count towards the half time/full time result.

Unless stated before a competition, all matches must be played on the stipulated date and at the planned location to have action.

Matches/events must be played on the stipulated dates for the wagers to be valid. For re-scheduled matches played on the same day at a different time, the wagers will be valid. However, if a match is re-scheduled for a different date, all wagers will be void.

Basketball Betting Systems

Few sports are better suited to bet on than Handicap basketball betting. It is a simple sport for even the most casual sports fan to grasp. There’re a variety of ways to gamble on basketball, all of which are very easy to understand. Possibly the most common basketball wager involves betting a point spread. You don’t necessarily have to predict the winner, you are just wagering on how many points your favourite team will win or lose by.

Another well-known basketball wager is under/over, or total. Here the bookmaker sets a total number of points that both teams are believed to score in a match. The punter either bets the teams will score under or over the predicted total.

Money Line wager

The money line is probably the simplest wager. Here the punter is required to predict the winning team. Favourite teams usually pay less than the underdogs in Handicap basketball betting.

Betting Experts Basketball

As long as basketball wagering has been around, punters have been developing systems to improve on the odds. A good basketball betting system allows punters to place a good number of bets without investing a lot of time researching on the games. It also enables punters to exploit current trends for immediate proceeds.

There’re almost limitless numbers of basketball betting systems. Some involve fairly complex math. For instance, a punter might create a formula from statistics variables such as the winning probabilities of both teams.

A punter might also choose to bet against a team at the end of a road trip, when psychological or physical weariness could have serious effect on players. This strategy could also be used for a smart under/over wager.

What Does Mean In Basketball Betting

Another strategy involves finding a match where bookmakers have set the total evenly. If the teams play each other less frequently, or are from rival leagues, betting the over can be a winning strategy.

Basketball Spread Betting

What Does 1hh Mean In Basketball Betting

When you play the spread, you are not wagering whether your favourite team will lose or win the game, you are wagering how many points they may lose or win by.

Spread betting can make the most uneven event interesting. You can gamble on the expansion team to rise to the occasion and not lose by 20, or bet that your favourite team will win in a blowout. You can also wager that the underdog team will keep it close against the defending champion playing on home court.

How to calculate the probability of betting odds & payout

Basketball spread betting lines are recognizable by the use of the – or + symbols. When a team has a spread line with a + sign, it indicates that the team should lose the match by fewer number of points that what is stipulated in the line or win the match outright. The – sign indicates that the team must win the match by a greater number of points than what is stipulated in the line.

We have touched on many aspects of basketball betting including the rules, systems and strategies along with using the spread to place wagers on basketball. Hopefully you will now have a better understanding of handicap betting on basketball and can utilise these insights to become a profitable player when pitted against the bookmakers.

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In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.

Money lines are represented in negative and positive values.

Negative money line: -145, -220, or anything similar

When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.

What Does Moneyline Mean In Basketball Betting

That number also indicates how much money you need to bet/spend in order to win $100.

What Does Mean In Basketball Betting

For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.

Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…

Positive money line: +145, +220, or anything similar

When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.

The number also indicates how much money would win in comparison to every $100 you wager.

For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.

Money line examples:

Lets use an NFL example here:

New England Patriots -240

Miami Dolphins +220

To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.

To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.

In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.