The National Basketball Association (NBA) is the world’s premier basketball league with teams from both the US and Canada. Every year the event captivates thousands of viewers from all over the world, but also gamblers who want to spice up the experience by wagering on the odds. Wagering is, after all, a potentially profitable activity, not to mention a fun one.
But before you sign up with a sportsbook and start betting on the season openers or nba playoffs odds, (or any other part of the league for that matter), it’s important that you’re well-versed in how it works. After all, sports betting is an activity that requires you to be aware of the risks and apply the correct strategies to increase your chances of winning. That’s what we’re here to help you with!
NBA events – a league with lots of betting opportunities
The NBA, arguably the best basketball league in the world with some of the greatest players in history, currently consists of 40 teams and is divided into six different divisions with five teams in each. Over the course of the league, all teams play a total of 82 games during the regular season, which means there are plenty of odds opportunities! Essentially, NBA betting events are divided into three categories: season openers, playoffs, and ultimately finals. At modern sportsbooks, you don’t have to look far to find thrilling odds to enjoy.
A bet for each possible outcome
As mentioned, there are plenty of opportunities for those who want to immerse themselves in the world of basketball whilst wagering.
Line betting
For example, as in all other sports, you can bet on the outright winner of a game or the entire league, and this is called moneyline betting. It’s the most straightforward bet and is particularly beneficial for those who have not tried betting before. Moreover, if you’re lucky enough to have bet on an underdog, and they win, the payout can be huge!
Point Spread
Another common type of betting for the NBA is point spread, which is the number of points by which a team is favored to either win or lose. For example, if a bookie projects that the Chicago Bulls will win by seven points, you can bet on whether you think they’ll score more or less than that.
Totals
A third popular bet is totals, also known as over/under. It involves guessing the total number of points scored during a game and whether it’s above or below the number of goals projected by the bookie.
NBA betting tips
Feeling the urge to start betting on the NBA? If so, we suggest that you take advantage of the following tips to hone your skills.
- Understand value betting. It’s not worth wasting either money or time on bets that have no potential for profit.
- Specialize in one of the many betting markets the NBA offers, such as line betting, point spread, or totals.
- Follow the games. You won’t be able to place strategic bets without keeping an eye on the teams and players’ performances.
