How to Place Bets on the US Basketball Games by Tim Harrison for TalkBasket.net
Basketball is one of the most popular sports that bettors enjoy wagering on. However, to make the most of basketball betting, you need to understand the game and have a strategy that helps you to make gains from betting on the sport. Tim Harrison, a betting expert at BetZillion, provided information on how to wager on basketball and choose a basketball bet of the day during an interview with TalkBasket.net.
What Are the Strategies to Employ in the US Basketball Betting?
Basketball betting is one thing, but winning basketball wagers and regularly placing value bets is quite another. While there is no assurance that you will always win when you bet, there are techniques to get the most out of your basketball wagers without losing more money than you win. Check this video to get more information about basketball betting — https://www.youtube.com/watch?v=4AE8STbgJDY.
Here are some quick tips on improving your basketball betting profitability and creating a winning strategy.
Have a Thorough Knowledge of the Game
Before you can begin to wager on basketball, it is expected of you to have a sound knowledge of the sport. You should know the teams, players and every other important information. This step would enable you to understand the betting markets to wager and, in turn, place profitable bets.
Identify Value Bets
Value bets are wagering that involves searching for odds that give you an advantage over a particular bookmaker and betting on those odds. Identifying a Value bet is key to Successful NBA betting. You will continue to lose money if you place basketball wagers without considering the idea of value betting. Identifying a Value bet takes a lot of time, but as you gain more knowledge and experience, it becomes easier to spot betting value in basketball games than when you first started.
Know the Basketball Betting Markets
Having a sound knowledge of basketball is one thing; applying this information to relevant NBA betting markets is another. Each NBA game of the season has dozens of markets accessible, starting from the ones that are easy to comprehend before going for the complex ones. You should specialize if you want to be a successful NBA bettor.
Discover the markets you connect with the most, and take advantage of them. It requires persistence and time, but eventually, with practice, you will get insights into how betting markets operate and, ultimately, learn to spot betting value.
Put Money on Teams You Know
Betting on games involving the teams you’re familiar with is an excellent way to start as a newbie. In this case, you’re familiar with their lineup and understand their strategy and a lot of information.
It is not to say you can’t wager on other teams or leagues but betting on the teams you are most familiar with is a superb method to test yourself, learn gradually and make some earnings.
Bankroll Smartly
It’s vital to monitor your betting budget carefully and how much you should risk on a wager. Bettors need to manage their finances smartly because you’ll lose money over time if you don’t. Only gamble with money you can afford to lose.
Keep a Record of Your Bets
Every serious bettor should keep precise records of their bets. It will enable you to learn from your mistakes. You can check your betting history to see your records. This assessment procedure is essential to your growth as a bettor and your ability to make long-term gains. Observe which betting markets you perform best in, which market you lose money on, and instances where lack of self-control improves you.
Follow Tipsters
Another excellent strategy to make money betting on NBA games is to follow NBA tipsters. These tipsters provide an accurate and, most importantly, profitable basketball bet of the day. You may quickly and easily increase your earnings by finding a legit tipster. Finding a reliable tipster is the real challenge. However, you can search for them online.
Popular Basketball Betting Markets in the USA
Basketball betting markets come in various ways, so punters need to grasp how they all operate.
Here are some of the popular American basketball betting markets:
- Moneyline
- Point Spread
- Totals
Moneyline
The moneyline market is the easiest for a beginner to understand. The bookmaker provides two sets of odds for each team and asks you to bet on a team you think will win a game.
For instance, the Los Angeles Lakers might be +250, and the Golden State Warriors might be – 290 on a basketball betting site. Therefore, if you wager $100 on the Lakers to win and your bet comes through, you would win $250. However, because the Warriors are the most likely to succeed in this scenario, you would have to bet $290 to make a profit of $100 if you choose to bet back on them.
Point Spread
Points spread is one of the most popular betting markets in basketball, and sportsbooks set the odds, so each team has a 50/50 chance of winning. This market is helpful when there’s a clear favourite to win a game because the points spread forces the favourite to overcome a point deficit to win the bet.
For instance, the Boston Celtics might be -9.5-110 and the Chicago Bulls +9.5-110 on a basketball betting site. It indicates that the Celtics are the game’s favourite, according to the sportsbook. If you wager on them to win, they must defeat the Bulls by at least 10 points to win the bet.
However, if you bet on the Bulls, they must either win or lose by less than 10 points. Given the odds of 110, you would have to wager $110 to win $100 on both teams.
Totals
Totals is another famous basketball betting market. When wagering on NBA totals, you aim to guess the total number of points scored by both teams during the game. The sportsbook sets this by using an over and under point total.
For instance, the sportsbook might set the total points on a game at 198.5, and you might wager under or over the total, i.e. more than 198.5 and less than 198.5. All you have to do is to wager under 198.5 if you believe the total points scored in the game will not be up to 198.5. You will win the bet if the match ends in 198 points or below.
In contrast, if you wager on over 198.5, you believe the game will end in more than 198.5 points. Once the game ends with 199 points and above, you will win the bet.
How to Wager on Basketball
Wagering on basketball is not all that different from betting on soccer or tennis.
Before placing your first basketball wager, you must do several important things:
- Register on a basketball betting website.
- Visit your basketball site’s sportsbook and look for basketball in the list of available sports to wager on.
- Navigate to the event you want to bet on.
- Enter your stake
- Place your bet.
Conclusion
When you thoroughly understand the game, betting on basketball is pretty straightforward. Punters can choose the finest wagering markets that suit them from bookmakers, which offer a variety of betting markets. Also, it would help if you had a betting plan to maximize the return on your basketball wagers.
