Introduction to Online Basketball Betting
Basketball is a popular sport for betting among many Indian sports betting enthusiasts. Each year thousands of new Indian players try basketball wagering online from an online betting app.
If you have never tried basketball betting before but looking forward to starting it soon, we hope this brief explanation will help you to get started in the exciting and entertaining betting opportunities.
If you have already tried betting on Soccer, then basketball betting will be easy-peasy for you as it also uses the point spread for wagering on teams like soccer.
Point spread, also called handicap, is the most common betting method in Basketball. Most of the sports betting sites impose it on a particular team to ensure equal odds on both teams.
In a point spread, a team that is predicted to win is considered favorite, and the one expected to lose is called an underdog.
And while betting against the point spread, you will be asked to lay 11-to-10 odds. It means you will risk $11(809.14 INR) to win $10 (735.59 INR).
Apart from Point spread, there are also totals, Money line wagers, parlays, and teasers bets that you can place in basketball from online basketball betting sportsbook.
Please go through this article to know in detail about different types of bets and match odds.
Basketball Betting Tips and Match Odds
Spread Betting is undoubtedly one of the popular forms of online basketball betting used by a large number of bettors. It is also known as Line betting. If you visit your preferred online sportsbook, you will see the odds of an NBA Basketball game in the following manner.
Los Angeles Lakers -5.5 VS Boston Celtic +5.5
It means, if you lay down your bet on the Lakers to beat the spread, they should win surpassing 5.5 points.
In simple terms, their bet winning margin should be precisely 6 points or higher. However, if you back the Celtics to cover the spread, they have to either win or lose by a maximum of 5 points for your bet to win.
Like many other sports betting format, the average Indian punters like to wager on their favorite teams. It means the basketball betting market odds are primarily set in favor of underdog for larger handicaps.
Let us look at some simple statistics to demonstrate this.
Teams that were featured as underdogs of +12 points or greater have covered over 53% of the line, over the last 10 NBA seasons.
Similarly, in college basketball, underdogs of +17 points or greater possessed a strike rate of over 53 %. It will take you long to benefit from this strike rate.
However, this trend reflects that markets are skewed in favor of underdogs. So you have to seriously consider this thing before assessing your bets. Whenever a team is devalued as a lower chance of winning, you will mostly find the spread in their favor.
Betting on Popular Teams
Much in the same way the average Indian punters want to bet on their favorite in NBA and college basketball tournaments, they equally like to bet on popular teams through basketball betting sites.
Talking about NBA betting, the most favored team is the Los Angeles Lakers. Although they have successful records in the past, it may not be a wise thing to pour all your money on them, based on their long reputation alone.
Looking at this from different perspectives, such kind of thoughtless betting on basketball hasn’t made anybody rich.
Even though the NBA team LA Lakers has successful away records, they don’t have cent percent better records at their home court. When playing at home court over the last ten seasons with a favorite of -10 or greater, the Lakers have a strike rate of just 37 % against the spread.
Similarly, another favorite Boston Celtics, have a strike rate of 45% and Chicago bulls 43%.
The team that average India punters have selected does have a good record, but you have to consider the situations carefully and lay down your bets.
Betting on Basketball Totals
Many online sports betting India fans have tried this popular form of basketball betting called Totals.
Depending on the basketball league and tournaments, the number of point scores will differ from game to game. Let us look in the NBA tournaments where totals land in the range of 180 to 220 points on every game.
The average point for totals reaches to 190 points. In the case of European and College Basketball, the point totals will be in the range of 120 to 160 points.
So to succeed on basketball totals, you shouldn’t pay heed to a team’s short term averages. More than this, if you keep a note of the occurrence of the average, it will be much beneficial to you.
For example, New York Knicks might continue in an average of 195 for ten games, but one of their particular games may have been an overtime result that leads them to score 245 points. Thus, this result will have an impact on average.
So it will be wise for you to focus on the team over and under instead of the average point total. Likewise, it will be better for you to consider how the team plays at home and away matches.
Bet on Basketball Online 2021
Whether it’s NCAA Basketball, NBA, college basketball betting, or other types of major Basketball tournaments betting, Betbarter has covered it all for the Indian bettors from all parts of the world.
Basketball betting has never been such convenient and exciting before. Since BetBarter covers all the world Basketball events, you will surely find match fixtures at any time of the day as per your wagering needs.
So register today at BetBarter India and start your online basketball betting journey.
Important Basketball Betting Tips & Strategies
The important tips and strategies that we are going to discuss do not guarantee your winning on basketball betting. However, they enhance your winning odds, and you can keep yourself ahead of many other bettors by applying these basketball betting tips and strategies.
1. Understand Betting Odds
There are many who place their bets on matches and sport events without understanding betting odds. If you don’t know how betting odds work, then you probably fail to analyze if the bet has value or not. It is important to always go for value bets to make profits in any sports betting.
Also, there are many betting sites and sportsbooks that offer their betting odds that differ from each other and it is always better to go with the best odds available in the market.
Even the slight difference in betting odds make much difference in the long run. So, know how different types of betting odds work and choose your bets smartly.
2. Consider the Team’s Schedule for Betting
Fatigue plays a key role in deciding the performance of a basketball team in a match. Basketball teams play many games and their schedules are also not equivalent.
So, you check how many games the team has already played and know if the team has travelled a long distance or not before their match.
The long-distance travel can wear players. If the team is tired, then their performance is less likely to be well.
3. Notice for Moving Lines
Knowledge and experience matters in sports betting and there are experts out there in sports betting world who have both of those. Even though you are one of the experts, it is always helpful for you to know how the other experts are considering the bets.
The general public often bet emotionally or with their heart and easily jump on trends that have no impact on an actual match.
If you notice a line moving one direction after masses have bet mostly on other side, it is likely that betting experts are taking the advantage of masses not making educated bets.
If you can notice such moving lines, you can take the advantage and earn high profits.
4. Focus on Both Offense and Defense
Many bettors that are new in the sports betting world only focus on the offense and not on the defense. Focusing on offense only can be fun but it is a limited approach that can’t help you to make smart betting decisions.
Offense and defense skill of the team both play a key role in determining the team’s performance. So, it is important for you to focus on defense as well.
5. Keep Yourself Updated about Injury
You don’t want to place your hard-earned money on a certain player and later know that the player is sitting out or not performing as usual because of injury. If a star or promising player is injured, that can affect to the team’s performance to the great extent.
So, get yourself updated about recent injuries and rumors and analyze the team performance based on them.
It doesn’t require any equipment or strong financial commitment to get started in the online Basketball betting.
There are plenty of online betting sites and top betting apps for Indians where you can go and place your bet comfortably from your smartphone, tablet, or laptop.
Watching your favourite basketball team play can be very exciting, but through online basketball betting, you can double your excitement and win a handsome sum of money if you bet smart.
Read More: Basketball Betting Tips
Basketball Betting FAQs
1. How does basketball betting work?
For basketball betting, you check the available betting markets on betting sites. Different betting sites can offer different betting odds for the same outcome.
Your payout on winning the bet is based on the odds offered to you. If you make a correct prediction, you win based on the offered odds. If you are wrong in prediction, you lose your bet.
2. Which betting site do I chose for basketball betting?
There is a plenty of options available for you to select a betting site or sportsbook. It is crucial to select a trusted, legitimated and safe online betting platform that offers great betting experience. If you don’t know where to start, you can choose Betbarter as your online betting platform.
Betbarter is a licensed and properly regulated online sports betting site that offers the best betting experience on various sports including basketball. Also, it offers exciting bonuses and promotions that can attract both novice and seasoned bettors.
3. Is it okay to join multiple basketball betting sites?
Yes, it is better to join multiple basketball betting sites if you are serious about making profits betting on basketball games and tournaments. As already mentioned, different betting sites offer different betting lines and odds.
The betting odds offered by sites differ on the exact same bet. So, by joining multiple basketball betting sites, it is easy for you to find the best possible odds and lines to get the best possible return if your bet wins. Always go for a licensed, trusted and safe basketball betting sites like Betbarter.
4. Is it possible to bet on basketball matches that already started?
Yes, there is a live basketball betting that is offered by many online betting sites these days. In live basketball betting, you can place bets on basketball match after opening tip-off or during the match.
You can watch the game live and place bets. Live basketball betting is fast-paced and it adds more excitement to watching the game. You can place your bets on totals, point spread, nature of the next basket, etc.