Basketball offers betting enthusiasts a thrilling way to try to make a profit. To help those who want to learn how to bet on basketball, we need to explain a few basic types of bets that are vital to basketball bets. Continue reading to learn more.
Money markets are the most common and simplest lot. In this form of basketball betting, you simply place money on a particular team that you think will win the game. For example, look at these odds for Boston Celtics vs. Utah Jazz:
Boston Celtics: 3.440
Utah Jazz: 1.364
In this example, Utah Jazz (1,364) are favorites for the Celtics (3,440). If you have bet $ 10 on Jazz, you will get a refund of $ 13.64 – which includes your bet of $ 10. The win will be 3.64. However, if the Celtics wins, you will not win anything, but you will lose $ 10.
If the Celtics wins, your return will be 34.40 EUR, including the original bet of 10 EUR, which will leave you a profit of 24.40 EUR.
Once you know how to bet on basketball using the cash line, betting on a handicap can become a valuable tool when one team is heavily favored by their opponents. In order to overcome the perceived abnormality in the ability to bounce basketball bets, bookmakers offer a level playing field.
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