NBA might not have the popularity of other leagues such as the NFL or the EPL, but it is one of the most significant associations in the world. There are millions of fans who wager on the league each season. However, to win big on platforms like Betway, you need to know the game well as that gives you the edge.
That being said, if you understand how to bet on the NBA, you will be able to make money across any season. Here is a detailed guide to NBA betting.
The NBA Odds
If you are looking to bet on Betway, first know how the NBA odds are calculated. There are three popular formats you need to know about.
1. Money line
2. Spread
3. Totals bets
These odds fall under the single games. Thus when you place a chance, it cannot be modified nor withdrawn when the game starts. Therefore it is best that you understand the betting line. Here is a simple guide.
#1. Betting on the Point Spread.
Point bet spreading is one of the most simple bets that you can place because you are neither choosing the winner or the loser. Instead, you place a wager on the favorite to win with a specified amount of points. If you want the underdog, you have to predict the points that they will lose within the match. However, spread betting uses half points which are referred to as the hook. This is what sportsbooks use to avoid a tie (a push.) If a match ends in a push, then you get your wager back. Knowing it will help you win more on Betway.
#2. The Moneyline.
The money is the most common type of betting available in any sportsbook. Betting on the money line means that you are betting on the winner.
#3. Totals Betting.
Totals betting is also known as over and under betting. This means that you are betting on the total score of the game. For instance, if the total is set at 210.5 between the Golden State Warriors and the Laker; if you bet over, then it means the totals will be over 210.5.
On the other hand, there are multiple game bets. However, these are a bit complicated. The more the number of games, the more the variables. The stakes which are involved in multiple bets are parlays, teasers, and props.
#1. Parlays
A parlay is a bet that includes more than one event. It can either be one event or multiple events. For instance, you can bet on the Lakers to win and also on the total score. If you win your parlay, then the outcome will be much more significant.
#2. Teaser
A teaser is similar to a parlay. In this case, you are betting on the total or against the spreads. Therefore you can later manipulate the odds if you are not confident in them to work in your favor. Although the payout will be a bit smaller.
#3. Prop Bet
A proposition bet only requires you to bet on a particular player or event.
There are other NBA bets such as futures and outright. As long as you understand the betting odds, you are ready to start betting.