Basketball (Photo credit: mvongrue)
The new basketball season is upon us and it could not come at a better time as the MLB season winds up and the bookies sharpening on the NFL lines. The new basketball season provides many uncertainties that come with a new season and these can be taken advantage of in the first couple of games that teams play.
Basketball is just as easy to bet on as the popular NFL. Basically it’s the same fundamentals as the NFL, so you have nothing to worry about if you have never bet on basketball before. The more popular bets are the money line, over/under and points spread. The points spread involves a handicap given to the underdogs of the matchup, which is the team expected to lose and the team expected to win (favorite) will have to overcome this handicap in order to win.
The aim is to balance the matchup and as bettors our aim is to find where there is a disadvantage given to a team based on the handicap and make that bet. The over/under is a predetermined number of points that when the points of both teams combined will either fall under or go over that total.
The money line option allows for a bet to be placed on the team we think will be the outright winner of the game. It takes no handicaps or any other variations into consideration. While this may seem easier in comparison to the points spread, the tradeoff is that this options will tend to carry less odds and hence a smaller payout.
If you plan to place a bet on the favorite, you must expect to pay more and will win less. If you choose the underdogs, it is only necessary to lay a small amount to win more. Depending on your comfort zone with the sport you can attempt some parlay bets. I would not advise first time bettors to use this option.
Parlay betting will allow you to bet on a multiple matchups on one ticket. This is high risk betting but with risk comes high rewards and the payouts can be quite huge. The more games you bet on, the more rewarding the payout. Unfortunately, if one of the basketball games on your ticket is a loss and the others win, the whole ticket is seen as a loss. You don’t need to bet a lot on this option as the odds will do the work for you.
These betting options if used correctly can ensure your bankroll keeps ticking over. It will depend on lineups and how the two teams matchup week in – week out in deciding which one of the bets to make. A little personal knowledge of the sport will help but for others there is always the option of doing money value bets.
Basketball is one sport that I like to do my research, analyze the numbers and make my personal pick and I do admit going with the old gut feeling at times.
Betting on basketball is very easy to catch on to. Start with the money line, then points spread and thereafter totals. A specific game, it may be better to go with one option and for another game a different betting option may be of better value; so it would be best to get comfortable with all three options. When you get the hang of things then parlay betting can always be considered.