When it comes to placing wagers on Betway, basketball is one of the major sports you can choose from on their vast array of offerings. However, while betting on the NBA can be quite fun and profitable, winning the bets is a different story altogether. Fortunately, there are several ways you can mitigate your risk while wagering on this America’s top sport online. Here’s a quick guide to aid you in your quest.
NBA Handicap Betting Explained
The most preferred way of betting in Betway is the point spread. The other names used to refer to the spread betting line or handicap. So, what does point spread mean? A point spread is the margin of the final score of upcoming games. When on NBA point spread, you are predicting which side of margin you will finish on.
How To Bet NBA Over Under
Over and under is another betting type given the high scoring nature of NBA games In this type, the bets are not placed on the team that wins, but the total number of points either team will score. When placing your wager on an over-under bet, you get to predict the number of points over under a particular team will score. This bet depends on whether the game is defensive or offensive.
NBA Moneyline Bets
With online betting on Betway, Moneyline bets are the most straightforward way of wagering on NBA. The bet involves choosing the outright winner in a game and it’s prevalent across many betting sites with NBA odds. The similarity between the NBA money line and spread bets is that you are betting on the winning team. The difference is, the provision of handicaps is different. Spread bets adjust the expected outcome to win, while money lines are placed on which side to win. Unlike money spread, if your team loses, you lose the bet.
NBA Prop Bets
This type of betting places the game at a higher level. NBA prop bets make the game very fun and exciting to watch. In prop bets, the wager is placed on a particular outcome in the game, for example. You may be able to bet on three-pointers in the game, how many blocks a team will have, or who will win the opening tip-off. The wide range of markets makes prop bet the most recommended bet as you can place more than one bet on a few games.
NBA value bets
Well, successful betting is all about finding value bets. But what is a value bet?
A value bet is where you rely on the probability of an outcome of a game. Let us break this down. Let us say you have been offered odds of +110 if a coin lands on heads. Consider this as a value bet. That is because there is a 50% chance of the coin landing on its head.
Let’s say the Los Angeles Lakers are playing against the Chicago Bulls. There are higher chances for the Los Angeles Lakers to beat the Chicago Bulls. We are given -300 odds of the Los Angeles Lakers to beat the Chicago Bulls. This makes it a value bet where the higher odds are given to the team, which is likely to win.