As one of the four major professional sports and a fan favorite around the globe, basketball continues to deliver excitement to spectators and sports bettors all year long. And if you’re looking to up the excitement or if you’re always picking winners and want to turn those picks into cash, stay tuned. In our basketball betting guide, we’re going to lay out all of the details and resources you need to start betting on basketball right now.
Understand the basics of betting odds
We’ve covered this extensively in our guide on how to bet on NBA basketball, but it’s worth repeating until the cows come home. Not all basketball bets pay the same amount of money. While you probably get this, make sure you know that this goes even further. There are times when you should avoid making a bet you expect to win because the payout odds aren’t good enough. Additionally, there are times you should make a bet you think is going to lose because the betting odds are too good to pass up.
The secret to winning online NBA betting or betting on anything else is making wagers that have value. Value is a fancy word for the potential to get a better payout on something than you really should.
Put your money down on the totals
Totals is commonly referred to as the over/under. This is where the betting organization will give you a number (9), (4), (10), (175), etc. The number they give you represents the total number of points scored by both teams combined. You have to place a bet as to whether or not the teams combined will score below or above that number.
Monitor Injury Reports Closely
We can’t tell you how many stories we’ve heard from bettors who thought they were cashing in on an incredible line, only to find out later that the reason the line was so juicy was because a star player was injured or sitting out. Make sure you stay on top of injury reports and rumors as much as possible. You won’t be able to catch all of them, especially if you bet early, but you can do your best.
Betting on Basketball Online
- Create an online sports betting account. The first step for how to bet money on basketball online is to create an online sports betting account. This should take about 10 minutes max and only needs to be done the first time you bet.
- Complete your research. Take the time to do your research and start to look into which basketball bets you want to make.
- Shop your basketball betting odds. One of the huge perks of real money betting on basketball online is the ability to shop your bets around. What this means is you can check the odds at multiple different sportsbooks to get the best lines and odds available. This isn’t an option at land-based sportsbooks unless you want to drive to another sportsbook.
- Place your bets. Once you’ve decided on your bets, there’s no hopping in line and hoping the odds don’t change. Select your bets, choose the amounts, and hit submit.
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