NBA is one of the most popular sports leagues in the US and worldwide. If you have a basic knowledge of Basketball and online wagering, you will find NBA online betting both exciting and profitable. So don’t miss this article and stay with me to learn about all types of basketball betting and tips you can try.

 

You are reading this because you want to know how to place successful NBA online bets. So, it is essential for you to understand different NBA betting lines, know how these lines work, and how they may or may not work for your gambling style and level. Don’t worry if you are new to NBA betting. We are here to teach you all these confusing rules and tricks. At the end of this article, you will know how to place successful bets on Basketball and NBA games.

 

Is NBA betting legal?

 

You might be wondering if Basketball betting is legal or not. It depends on the country you live in. For example, sports betting is illegal in countries like Iran, KSA, and UAE, just like other forms of gambling. Here is a list of some countries where sports betting is legalized:

 

• Argentina
• Australia
• Brazil
• Canada
• China
• Colombia
• Costa Rica
• Ghana
• India
• Kenya
• Mexico
• New Zealand
• Nigeria
• Peru
• Philippines
• Russia
• South Africa
• United Kingdom

 

If you are a US citizen, take a look at the list below. These are the American states where you can enjoy legal sports betting (NBA betting included): 

• Arkansas
• Colorado
• Delaware (online betting launch undetermined)
• Indiana
• Iowa
• Michigan
• Mississippi (on-property only)
• Montana
• New Jersey
• New Mexico
• New York
• North Carolina (pending launch)
• Oregan
• Pennsylvania
• Rhode Island
• Tennessee
• Virginia
• Washington DC (pending launch)
• West Virginia

 

How do you read NBA odds?

 

Like other sports betting odds, the NBA odds will show you the likelihood of the outcomes of your bets. NBA odds include three different formats:

 

1. American odds
2. Fractional odds
3. Decimal odds

 

No matter which format you choose, the higher odds are listed for teams with the lowest chance to win, i.e., the underdog. And the lower odds are listed for favorite teams that are more likely to win. Suppose you are a novice in NBA betting. Just look at the numbers (odds) next to your team. If the odds have a positive sign, for example, +110, your team is an underdog, and if it has a negative number like -200, your team is the favorite. Well, what is the difference? It means that if you bet $100 on the underdog team, you will win $110, and if you place this amount on the favorite team, you win $100.

 

Types of NBA betting

 

Basketball has almost the same betting principles as other sports leagues like NFL. You can place NBA bets at three different times:

• Preseason
• Midseason
• Post-season

However, before placing your bet, you need to know the different types of NBA bets that are listed below:

 

NBA Side bets: NBA point spreads are listed in half points like -4.5 or +4.5. Imagine you place a 110 wager on an NBA team. For an underdog, you will get extra points against the final game margin. And if you bet on the favorite, you will lose the point.

 

NBA Moneyline: It is the simplest type of NBA betting. Just predict which team is the winner and bet on its winning odds. No matter what the score is.  

NBA Totals: the other name is over/under bets. And just like point spreads, they are listed in half points. You will bet on either over or under a combined total number set by the bookmaker. These are the points scored by both teams at the end of the game.

NBA Parlays: if you want to increase winnings by combining two or more bets, use parlay tickets. Be careful when placing NBA parlay bets, as combining several bets into one ticket can be risky.

NBA Teasers: unlike the parlays where you can combine bets in one ticket, you can pick two or more teams in a teaser. Only if all teams win will your ticket pay off. 

NBA Futures: if you are a patient bettor, try this bet to predict what will happen in the next season or next year’s event.

NBA Props: prop bets are not about the game's final result. It suits you if you are interested in wagering on specific players or events during a game.

NBA Live bets: as the name suggests, you can bet during the game and adjust odds in real time. As one of the most popular sports betting markets, live betting will provide you with several betting options such as spreads, Moneyline, totals, and so on.

 

NBA betting Tips

 

Here are some tips to bet on NBA games successfully:

 

• Be early
• Check the teams’ schedule
• Watch for moving lines.
• Have an eye on teams’ strategies
• Don’t forget that, unlike NFL, NBA teams have only 5 players. So don’t forget to monitor injury reports and act accordingly because it might have a crucial impact on the result.

 

If you find this article informative, you might be eager to start online NBA betting. We recommend you try these trusted gambling websites:

• Betonline
• Bovada
• Fan Duel
• Tiger Gaming
• 888 Sports
• BetMGM

 

To sum it up

Whether you are looking for money or just fun, NBA online betting can be a good place to start. I hope you have learned enough from this article. If you are eager to know more, you can always sign up in one of the reliable sportsbooks recommended above.

 

 

Nikmood.com