Sports betting is a pastime in Canada, and among the most popular sports to bet on is basketball. In this article, we are going to discuss some essential aspects regarding betting on basketball – the odds, markets, bookmakers, and so on.
What Is Basketball Betting?
As the name suggests, this is wagering on the different outcomes of basketball games. The games could be real-life basketball or virtual basketball; the former is the most popular.
Understanding the Odds
To bet on basketball, it’s essential to understand the basketball odds and markets, as well as the betting jargon.The Moneylines are the most popular markets and the easiest. Here, players predict who the match winner will be; either home team, away team or it will go into overtime (draw). This bet can be expanded in quarters, by predicting who will be ahead for every quarter, half, three-quarter and lastly, fulltime. Other bets to explore include totals, race to, player specials, and margins, just to mention a few.
Before setting out, also make sure you understand the three NBA odds formats; decimals, fractionals and Moneyline odds.
Teams and Leagues to Bet On
Don’t just bet on any basketball games. Find a league that you are conversant with, and has enough data for you to analyze the games.
The best basketball league to bet on is the NBA. However, there are also professional leagues in Europe, as well as China and Africa. The top teams that have the most prominent stars have high chances of winning, so you should bookmark them. It’s however important to stay updated with the latest team news to know the form of each team and their star players.
Basketball Betting Strategies
Is there a basketball betting strategy that guarantees winnings? Well, there is no such strategy, but then, some go a long way in making sure you place the most reasonable bets.