NBA betting explained: Types of NBA bets, where to bet and FAQs
The NBA season is already underway. NBA betting explained explains the types of bets, where to bet and FAQs.
NBA betting is popular in the U.S. but many people are still unsure about it. We have gathered some of the most frequently asked questions about NBA betting to help new players. The answers to these questions will help them understand how to bet on the NBA.
NBA betting works like every other sport. You can bet on the money line, the point spread, total, player props, or future bets. Futures bets are bets placed on final outcome of the season.
There are no best bets for betting on basketball. Some gamblers find success with player props. Others focus on point spreads and others on the totals.
The easier the bet seems, the lower the odds. Successful gamblers win about 65% of their bets. You should never place more than 5% in a single wager. Experienced bettors divide their bet into 1%, 2, 3, 4, and 5%, depending on how confident they are in their plays.
The Los Angeles Lakers are -7 point favorites over the Orlando Magic. The bettors need to win by at least 8 points to cash their wagers. Magic betters need only to lose by no more than 7 points. The spread for the Lakers vs Magic game is 7.5 points, so the bettor's would need their team to beat the Magic by 8+ points and the other way around.
A moneyline bet is a bet on who will win the game. Most point spreads have -110 odds, whereas the moneylines' odds depend on how favored the team is to win.
NBA point totals work the same way as point spreads. You bet on whether the final score falls under or goes over a projected total. It doesn't matter who wins the game. NBA betting explained: Types of NBA bets, where to bet and FAQs.
Some bettors use NBA teasers for their NBA betting strategy. Teasers give you more points in points spreads and totals, but at the expense of taking lower odds and not-so-fancy payouts.
FanDuel is one of the most reliable places to submit NBA wagers. They offer traditional bets, game props, parlays, player props and daily odds boosts with enhanced odds.
BetMGM is one of the most popular platforms in the gambling industry. There are parlays, future bets, player props, straight bets and teasers to choose from.
