NBA wagering is one of the most popular sports betting options in the industry. And with the ever-growing popularity of gambling online, you can make NBA bets whenever you want, including on your mobile device, which is handy for those last-minute wagers. But what are some tips to watch for when you are betting on the NBA online? We have them for you; read on!
So you head to your favorite sportsbook, pull out your wallet and throw 20 bucks on your NBA futures underdog of choice. Congratulations! You just donated your 20 bucks to the ‘book. As you can see from the chart below, underdogs just don’t win NBA championships (preseason favorite in bold):
|Year||Winning Team||Preseason Odds|
|2017-18||Golden State Warriors||-187|
|2016-17||Golden State Warriors||-128|
|2014-15||Golden State Warriors||+2800|
|2013-14||San Antonio Spurs||+1200|
|2009-10||Los Angeles Lakers||+225|
|2008-09||Los Angeles Lakers||+350|
|2006-07||San Antonio Spurs||+450|
|2004-05||San Antonio Spurs||+400|
Of the last 15 teams to claim the NBA championship, eight came into the season as the favorite to win it all. That’s more than 50 percent of teams coming through on oddsmakers’ preseason predictions. In fact, only the 2014-15 Warriors and the 2010-11 Mavericks paid off on odds of 20-1 or better. So the next time you consider tossing some money on a preseason title underdog, take a step back.
Bettors of all types and experience levels can find fun ways to wager on professional basketball – but there are definitely a few bet types that appeal to the overwhelming majority of participants.
The straight moneyline play is probably the simplest, as it rewards bettors simply for selecting the winning team; of course, the more heavily favored the team, the lower the payout is. For that reason, some bettors prefer the spread play, in which the favored team “gives away” a certain number of points to its opponent in order to even out the chances of a successful bet on either side.
The other most popular way to partake in NBA gambling: totals wagers, in which players put money down on whether they believe the teams will combine to score more or fewer points than the pre-set Vegas total. This one is popular due to the simplicity of it: Either go above or below the number.
For the most part, yet. In states that have proceeded with legislation to legalize sports betting, the NBA is a major fixture of their betting offering. The list of states presently includes Nevada, New Jersey, Delaware and Pennsylvania, among others. But not all casinos and sportsbooks can offer NBA online betting, or even brick-and-mortar NBA wagering. The Golden Nugget Casino in New Jersey cannot accept wagers on NBA games because its owner, Tillman Fertitta, also owns the Houston Rockets.
While it might seem unsatisfying for your wager to end in a tie, it isn’t the worst result in the world. Let’s say you take Golden State -7, and the Warriors go on to win the game by exactly seven points. You don’t win the bet, but you don’t lose, either. The bet is simply returned to you, allowing you to use those funds to make a different NBA online bet or brick-and-mortar wager.
These suggestions aren’t necessarily limited to those who are new to the online basketball betting sphere, they’re certainly meant to inform those who might not have a lot of experience with NBA wagering.
— Shop around for the best lines whenever possible. Some sportsbooks will offer lines that deviate from the masses in order to differentiate themselves from the competition – and you can use that to your advantage, particularly if you’re in on a team on which the rogue ‘book is offering a better payout. It can’t hurt to take a little extra time and find the best possible odds for the bet you want ot make.
— Don’t shy away from big favorites. Unlike other professional sports, teams that are heavy favorites in the NBA almost always come through. You won’t always like the odds you’re being offered, but if you really like a matchup – no matter how one-sided the books believe it is – you should consider laying some cash on it. A win is a win – especially when you’re just starting out in the NBA gambling space.
— Back-to-backs matter. The NBA schedule is gruelling – and teams playing on the back end of games on consecutive nights are often at a major disadvantage no matter where they’re playing. Most trends come and go, but the prevailing notion that teams playing on zero days’ rest end up on the wrong end of the win-loss ledger more often than not is something you can take to the bank.
— Player props are great profit makers. While everyone focuses on the big bet types – moneyline, spread and totals wagers – there’s money to be made on player props. Studying a player’s role in the offense, how he fares against the opponent in question and whether injuries will result in an expanded role can all make a significant difference in connecting on your player prop and reaping the rewards.
— Choose your bets wisely. You might be eager for action. You might be on a heater, or want to chase your losses. But you need to practice patience and judgment; selectivity is the key to long-term success in any betting forum, even NBA betting. When first starting out, you should limit wagers to situations in which you feel supremely confident; as you get more comfortable, you can expand your game coverage.
— Alternates are your friend. Let’s say you’re feeling so great about the Minnesota Timberwolves, you believe they’ll cover their -5 spread with ease. Rather than settle for the standard spread bet, why not play an alternate number? Sportsbooks will allow you to adjust the number either way, offering higher or lower odds accordingly. So take the T’Wolves at -7.5 and reap a higher payout if you’re correct.