A Beginner’s Guide to Betting on Basketball

by | 28 Jun 2024

When it comes to sports betting, basketball stands out as one of the most exhilarating and rewarding sports to wager on. But what makes basketball betting so special? Let’s take a closer look at why basketball is a favourite amongst bettors not only in Australia but all over the world!

Basketball is one of the most sought-after sports for betting

From buzzer-beaters to breakneck fast breaks, basketball is a sport defined by its heart-stopping moments and jaw-dropping highlights. Every possession holds the potential for excitement and drama, keeping fans on the edge of their seats until the final whistle blows — and when you have money riding on the outcome, each basket becomes a cause for celebration or despair, heightening the intensity and turning even the most routine matchups into must-watch events.

One of the biggest draws of basketball betting is the wide range of betting options available to punters. Whether you prefer simple moneyline bets on the outcome of a game or more exotic ones like player props and multis, basketball offers something for everyone. With multiple games taking place each day across various leagues and competitions, there’s no shortage of opportunities to get in on the action and explore different bet types to suit your preferences and betting style.

Related: Developing a Winning Betting Strategy for a More Sustainable Income

Moneyline

Let’s start with the basics: moneyline bets. This straightforward bet involves simply picking the team you believe will win the game. Whether it’s the mighty favourites or the underdog with something to prove, moneyline bets offer a simple yet exhilarating way to get in on the action and root for your favourite teams.

Point Spread

Looking to add a bit of spice to your basketball betting experience? With point spreads, the sportsbook assigns a point spread to each game, effectively levelling the playing field between the favourite and the underdog. Your goal? Predict whether the favoured team will win by more points than the spread or if the underdog will keep it close. It’s a high-stakes game of strategy and skill that can turn any matchup into a nail-biting affair.

Related: Betting on the Winning Margin in Sports

Over/Under Total

For those who love a good scoring showdown, over/under total bets are where the action’s at. In this bet type, you’ll wager on whether the total combined score of both teams will be over or under a specified number set by the sportsbook. It’s a thrilling way to add an extra layer of excitement to every game, with the potential for big wins when the points start flying.

Player Props

Player props and special bets offer a sea of interesting possibilities beyond the final score. From predicting which player will score the most points to wagering on individual player performances, these creative bet types allow you to tailor your bets to specific aspects of the game and add an extra layer of intrigue to every matchup.

Multis

Want to maximize your potential winnings with a single bet? Multi bets might be just what you’re looking for. With a multi, you can combine multiple bets into a single wager, with the potential for exponentially larger payouts if all of your selections come through. It’s a high-risk, high-reward proposition that can turn a modest investment into a monumental payday – if you have the skills and the luck to pull it off.

Ready to dribble and win away?

With a diverse array of bet types at your disposal, basketball betting offers endless opportunities for excitement, strategy, and, of course, winning big. Lace up your sneakers, sharpen your betting skills, and get ready to experience the thrill of victory in the electrifying world of basketball betting. The ball’s in your court – are you ready to make your mark?

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