Betting on Basketball: How does it work?

Basketball is a popular sport around the world and many enjoy betting on it. However, betting on basketball games can be somewhat confusing which is why we’ve decided to put together a short guide on how you can do it.

The Basics

Most online bookmakers and their sister sites allow you to wager on basketball games, and all you need to do is register. Before you can start betting, however, you’ll need to add a payment option and make a deposit. This is usually done by selecting any of the accepted payment options and making a deposit of however much you want. From there, you’ll be able to claim welcome bonuses, which usually come in the form of free bets, and you can immediately start placing bets on various games.

Now, most sports games will allow you to place outright bets on events which refers to the outright winner of the event or tournament, but not a single game. However, there are various other bets which you can place depending on the sport.

The Bets

One type of bet are Totals in which you predict the combined score of the two teams playing against each other. You will be able to wager on the number of total points scored over or less than the operator’s predicted total, generally referred to as overs and unders.

Another type of bet is a Moneyline is one of the easiest and most popular bets. Essentially, a Moneylin e bet sees you place a wager on which team you believe will win the game. It doesn’t matter how the team you wager on wins, as long as they somehow win.

Spread Bets are another type of bet you can make on basketball games. These bets see betting operators deduct points on teams they believe will win (Favourites) and add points to teams they believe will lose (Underdogs) for equal footing. You will then wager on which team you believe will outperform the point predictions.

Finally, you will also be able to wager on Parlays and Teasers where you wager on the winners of two or more games within an event. These bets are sometimes combined with others such as Spread Bets, but it’s important to note that to win all of your predictions must be successful. Other bets you can wager on with basketball are whether or not there will be overtime, who scores the most points, and more.

What Happens After The Bet?

What happens after the bet generally depends on the outcome of your wager. If you predicted it correctly, you’ll earn some winnings which will be credited to your account. If you fail to predict correctly, you will have lost your wager.

The winnings you receive from the wager can be used for additional bets or can be withdrawn directly to your bank account or your choice of a payment method such as Skrill or PayPal depending on the sports betting website. Withdrawals are easy to request, you simply need to navigate to the cashier to request one, some sites may charge fees but you will be notified of this before confirming the transaction. It will take several days to process completely but will eventually reach you. That’s it, betting on basketball and other sports has never been so simple!