The favorite must win by more than the set number of points, and the underdog must win or lose by less than the spread. Over/Under Bets on the NBA: You bet on the total number of points that will be scored in a game.
How do basketball bets work?
To bet on basketball, tell the ticket writer the bet number of the team you wish to bet, with the point spread, and the amount you wish to wager. The payout, unless stated otherwise, is figured at odds of 10/11. This means that a wager of $11 would win $10 and return $21. This is called a straight bet.
How do you gamble in basketball?
The best ways to bet on basketball are picking a team to win straight-up (moneyline bets), betting on which team will cover the spread (point spreads), betting on the total combined score (OVER/UNDER), wagering while the game is unfolding (live bets), making entertaining milestone wagers (prop bets), betting long-term …
How do you bet the moneyline in basketball?
Moneyline wagers in basketball are bets on who you think is going to win the game. There are no point spreads to cover or any other stipulations; it all comes down to who wins the game. If you place a moneyline bet on the Orlando Magic and they win the game by 1 or 100 points, it doesn’t matter.
What is point spread basketball?
The point spread – also called “the line” or “the spread” – is used as a margin to handicap the favorite team. … If you bet on the underdog, you win if the underdog wins, ties, or if the favored team wins but fails to exceed the point spread.
How much money would you win if you bet $100?
To win $100, you’d have to stake $120. Your total payout would be $220. With odds of -250, a selection is a favorite.
What do odds of +200 mean?
When a money line is a positive number then the odds are the amount you would win if you were to bet $100 and were correct. For example, a money line of +200 would mean that you would make a profit of $200 if you bet $100 and were correct. … It is also equivalent to fractional odds of 1/2 and decimal odds of 1.5.
What happens if you bet $100 on a +140 money line?
+200 odds on a moneyline bet indicates how much money you would win if you bet $100 and were correct. If the New Orleans Saints have +200 moneyline odds and you wager $100, you would get a payout of $300 if the Saint win.
What is a moneyline bet?
A moneyline bet is the most basic wager in sports betting. In the simplest terms, it is a bet on which team will win a game. There’s no point spread and no conditions. … If you place a bet on the moneyline, that means you think the team you bet on will win the game. If they win, you win, no matter the score.
How often do Favourites win in basketball?
In the NBA, the overall winning percentage for favorites is 49.4%, and home favorites cover just 48% of the time. As you can see, the ratio is pretty balanced, which means that no matter who you bet on, you technically have equal chances of winning.