Things To Know Before Starting A Career In NBA Betting

The 2020 NBA Season has recently wrapped up with the Los Angeles Lakers finally bagging another championship trophy in their collection after one decade. For the fans of the LA Lakers, watching their favorite NBA team’s road to the finals was not easy. Even though the Lakers have the superstars like Anthony Davis and Lebron James that could easily snatch a victory, the team has also faced formidable opponents, particularly the Miami Heat which gave them a hard time to get a sweep in the series.

Even the fans of the other teams are aware that the Lakers got the odds to win the whole thing, although there is always a real chance, albeit lower, that the opponent could grab the win instead. If you incorporate the concept of gambling in basketball, things can get even more interesting and thrilling at the same time. It is not all about knowing who is the best team in the series. You also know how to play with the numbers and outcomes.

If you are just a newbie in NBA betting, you are in good luck as we prepare for you some pointers you should know when it comes to betting in a professional basketball game.

Weighing The Odds Of A Basketball Team Winning And Losing

As we already mentioned in the introduction, you have to know about the odds in a basketball game or แทงบอลออนไลน์. This is generally true in sports betting, as weighing the odds will bring you success in your bets. In NBA betting, the odds of a team winning or losing are expressed in numbers, either being positive or negative. A positive value is for the underdog team, or the team that is thought to lose even before the beginning of the game, while the negative value is for the favorite team, or the team that is most likely to win. If you are a true NBA fan, you will easily determine by yourself which team is the favorite or the underdog. It could be through the members of the team with a great record of winning games, or through the number of players with injuries that could affect their performance in the upcoming game.

Now, the odds given for each team will be the basis of your betting. If a team got a value of +100, bettors would normally make bets of $100 for it. However, do not feel obliged to bet $100 right away, as you are free to bet lower or higher than that. Aside from the bets you will be making, the sportsbook will also collect $10 from each bet, known as the juice or vig.

What Is The Moneyline Of The Game?

Just like in football betting, it is crucial for an NBA bettor like you to weigh the odds before placing your bet on any team. In this case, the bet in which the bettor picks a team that is likely to win the game is called the moneyline. In some sportsbook, this is called an SU or a straight-up. Citing the previous finals match between the LA Lakers and the Miami Heat, where the Lakers was marked as the favorite, you could place your bet on the Lakers for the moneyline or SU. The odds can go with -260 for the LA Lakers, while +220 for the underdog team, Miami Heat.

Now, betting on the favorite could give you great amount of winnings, but if you bet on the underdog and the underdog wins, you could take home an even bigger amount of money. For example, if you place a $40 bet on the Lakers and the Lakers won, you could win $55. Subtracting your original bet, you have gained $15 for this bet. However, in the event that the Heat won and you placed your bet on the Heat, then your $40 bet could earn as high as $80! This is all due to playing with the odds. If you decide to take a risk and go against the odds, the reward will be bigger when you win.