Basketball Odds Explained
How to Bet NBA & College Basketball - Basketball Betting Explained Single Bet (or Side) The single bet option is done with a point spread. Sports books determine a favorite and an underdog, then assigns each one with a point total. May 22, 2020 In sports betting, how much a team wins by is usually all that matters. The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as. Sports Betting Odds Explained. Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds. Basketball betting on National Basketball Association (NBA) games often takes precedence over other games in the sport largely because of the variety of NBA odds available to the punter.
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:
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.
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
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
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
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There might not be a more exciting month of sports than the college basketball tournament every year. Actually, the entire college basketball season is a lot fun. But when it comes toThere might not be a more exciting month of sports than the college basketball tournament every year. Actually, the entire college basketball season is a lot fun. But when it comes to betting, there are just a couple of events that you think of over the rest. The Super Bowl and the Men's Division I NCAA Basketball Tournament might come to mind. That's right, March Madness! Aside from the Super Bowl, which is the single most bet-on sporting event in the world, the NCAA tournament rivals it on the month-long journey.
Come on now, we've all filled out a bracket or had an office pool. But when it comes to college basketball, there are a ton of betting odds that are formed by oddsmakers and online sportsbooks. With over 300 Division I programs, college basketball is one of the most popular sports in the United States, capped off by the biggest tournament at the end of the year in deciding a national champion. It's the ultimate playoff. But here at ExplainBettingOdds.com, we want to talk about the college basketball betting odds that you will come into contact with during the season, and perhaps shed some light on them and exactly what you should be looking for, and understanding.
College Basketball Game Lines
How To Read College Basketball Point Spreads
Betting the spread in college basketball is one of the most basic and common betting lines that one probably thinks of when it comes to wagering. The point spread is installed for a college basketball game, establishing both a favorite in the game, and an underdog. The favorite is the team predicted to win, while the underdog is predicted to lose. But not all favorites or underdogs are equal in every game. That's where the number on the spread comes into play. The favorite will be set to win by X number of points, for which they have to then hypothetically give points to the underdog. The underdog will then receive those points. So the objective is to wager on the team to cover the spread. Payouts for this point spread wager is generally right around even money, because the idea behind it is to even the playing field for teams that are not perceived equal on paper. Read our Point spreads page to learn more.
College Basketball Moneylines Explained
Betting on the moneyline in college basketball is another type of straight wager, just like the point spread. But there is one major difference. A bet made on the moneyline is picking the winner of the game with no point spread involved. That is to say, pick the straight up winner of the game. This sounds easier, and you would be right, it is. But oddsmakers know this, and create a wide range of payouts. The more favored a team is, the more money that must be risked in order to return a profit. If you think North Carolina is going to win the game straight up against Duke, bet on the Tar Heels on the moneyline and don't worry about a spread. But you will have to risk more money to return the same profit than you would by betting on the underdog in the Blue Devils.
College Basketball Game Totals And Over / Unders
Basketball Odds Explained Chart
A bet on the game total in college basketball is the combined point total for the two teams in the game. The game total is one of the three basic game lines that you will see installed for every matchup with odds. The bet is made on the actual total of the game taking the over or the under total from the installed amount. Learn how to read Over / Under betting odds here.
College Basketball 1st Half + Halftime Betting Odds
Half betting odds in college basketball are formed for games during the season, and operate just as the normal wager on a point spread. The only difference is that the bet will be made only on one half. These half lines are typically divided in two, but sometimes can be a bit different from the point spread for the whole game. But the bet is made by picking the team which will cover the betting line.
Other Ways To Wager On College Basketball
College Basketball Team Props
College Basketball Team prop betting odds are formulated for the match ups throughout the course of the season, but can also be odds formed relating to the season. As for the games, college basketball team props can cover a variety of aspects within any given matchup.
One example of an NCAA basketball team prop might be, which team will score 10 points first. This bet is then placed, and the team that reaches 10 points first will win. From there, the rest of the game doesn't relate to this wager. When you think of College Basketball Team props, think that they are smaller wagers within the game. But as far as money placed on these props it can be just as much as a point spread wager on the game.
College Basketball Player Props
College Basketball Player props are bets formed on players based on their performances in a game or on the season as a whole. As for the game player props, they can be a number of different things, usually revolving around points scored, rebounds, steals, assists and other stats accumulated for a game. The bets will be on the over or under for an individual player’s stats in whatever category.
For example, the total number of points that a player will score in a particular matchup could be up for betting. The bet will be made on that player scoring more or less than the betting line that was in place. That is the only focus for that prop, with the score to the game or any other aspect not mattering.
Understanding Live Betting Odds In College Basketball
Live betting is an area of sports betting on online sportsbooks that is beginning to take off. And when it comes to college basketball, there are definitely going to be games featured on the live betting sections. These live betting lines revolve around alternate point spreads, team props, and player props throughout the contest, and are formed based on the flow of the game. They can change quite a bit as well, making for some exciting betting action.
Bovada Sportsbook - Top Sportbook for College Basketball Game Betting
The main reason for players to have an account is to bet on their favorite teams and sometimes bet on upsets that will clearly happen in any sports. College basketball is one of the sports that have a lot of upsets and this is one main reason that Bovada has this sport as a betting option. There are always great games that are being offered and at the end of the game, we see fans rush the court before the upset that just happened. When betting on upsets happening, this is where all the extra money can be made a big time!
Here on Bovada there are always betting features like mobile betting and live betting that players can use when betting on college basketball games. The banking methods here are very easy to use as well so for the most part players will have no issues with transferring their money on their account with these method options that Bovada offers. This is the site that college basketball betting is very easy and profitable at all times.
BetOnline Sportsbook - BetOnline Has College Baskball Games
BetOnline is a sportsbook that offers a lot of betting features that players know that keeps them coming back and refers others to sign up for an account as well. One thing that players look for when they are looking into getting a sportsbook account is the account where they can keep coming back and place other bets. BetOnline account holders now that the college basketball games here are the ones that they really like and now that money can be made here pretty easy. There are money lines, parlay, and live betting that can happen on BetOnline.
Basketball Odds Explained Printable
The number one thing that most players overlook when it comes that BetOnline is the mobile betting feature letting players place these college basketball bets. Using your phone to get on these wagers is a big move that BetOnline has for all players. With college basketball games turning every possession, it only makes sense for players to place live bets on BetOnline on these games. These in-game bets will always be there for players and BetOnline is the reason for it.
SportsBetting Sportsbook - Tons Of Betting Options For College Basketball Games
To know that you can log into your account and have all the betting options there for you feels very good and this is what players get when they sign up for a SportsBetting account. There are always different games that can be bet on and college basketball is one of the sports that have a lot of games that players can place parlay bets on. There will always be a top 25 list of college basketball teams but there are always a few teams that are not ranked that can pull off a few upsets and win bettors a whole lot of cheese!
These games are set on sports betting and there is also a live betting feature that allows players to place bets after the tip-off. The fact that players can bet on a game after it goes on is exciting and draws more players to SportsBetting. Straight wagers will be here on SportsBetting and a chance for players to double the money in their bank account. College basketball games change often so having the chance to bet against the favored team on SportsBetting could change your life!
MyBookie Sportsbook - College Basketball Games Available On MyBookie
Many fans love college basketball because there is always that one player that can make a team a contender. The thing with this is MyBookie has the prop bets on these college basketball games and have plenty of bonuses that help players with placing big wagers on these games. The whole purpose of betting is to win money so it is only right for MyBookie to have all the sports and that includes college basketball. The more that players play, the more money they can possibly earn, and also there are bonuses that could be offered to players as well with an account with MyBookie.
Basketball Odds Nba
The college basketball season is long but gets very interesting when the tournaments start to play. This is the best site for players to go when they want to bet on college games because all the prop bets that are desired to be here. The great as well as the live betting feature will continue to have new prop bets appear as soon as the game starts off. Check out MyBookie and there is no doubt you'll have an account betting on the next big college basketball game.
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