If you think that basketball betting is just mere betting on who will win in a match, then you’ll be surprised to know that it goes further than that. Trusted online casinos in Singapore offer a diverse market for this ball sport.
And while you don’t have to take all these bets to be on the right side, you have to know each type so that you’ll avoid making a wrong bet that doesn’t give you the best value when you’re betting at top SG casino sports betting sites.
That is why here at sgcasino.net, we are guiding newbie punters about the different basketball bets that they can place when betting on their favorite league such as the NBA, Euro League, NCAA basketball, etc. so that they can adjust their basketball betting strategy based on the market available.
Basketball Moneyline
Same with moneyline in football, money line bets in basketball work the same easy-to-understand bet that makes it a popular option among players at trusted online casinos in Singapore.
In this bet, you’ll be deciding whether the home team or the away team will win the game. It doesn’t matter if the team you are siding with wins in a normal time or in extra time or whether it is an authoritative win or a close, narrow win. What’s important is that they are the winner of your bets to win.
The only area that often confuses newbie punters is how this bet pays out because of the odds offered for each side. Sports betting sites offer much higher payouts for the underdogs so that people will place bets on both sides since a lot of bettors will usually support the favorites. On the other hand, payouts on the favorites are comparatively smaller.
Let’s say, United Gaming Sports listed the moneyline odds for NY Knicks (home team) at 1.49 while Orlando Magic (away team) had a moneyline odds of 2.63. Then it means that for every $1 you bet on the home team, your expected profit is 0.49, so you’ll receive a total of 1.49 plus your initial bet. However, winning bets on the underdogs will present you with an expected profit of 1.63 for a $1 bet, so you’ll receive a total payout of 2.63 plus your initial stake.
Over/Under Bets (Totals)
In this basketball bet type, you’ll be betting whether the total combined score of both teams will be more or less the number that the sportsbook have set for the game. To make a more informed betting decision, you must do a great analysis of the team form and determine whether the match is likely to make a point fest or a boring draw.
WBET Sports offers 2 types of O/U market, the 1st Half O/U and 2nd Half O/U wherein you will be betting on the total number of points in the first and second half of the game. On 1st Half O/U bet, total points are determined on the first half of the match and if you bet on 1st half over, then the total points must be over for you to win. The same goes for the underbets.
Let’s say WBET listed over 215 lines for the NY Knicks at an odds of 1.99 while under 215 lines for Orlando Magic at odds of 1.87. Then this means that for every $1 you bet, you expect to receive a profit of 0.99 for over bets while your expected profit for winning under bets is 0.87.
Basketball Handicap Bets (Spread Betting)
Handicaps are one of the common types of market in every basketball match. Here, bookmakers are giving the weakest team a point advantage while awarding the favorites some point disadvantage to even out the playing field of two unmatched teams.
Let’s say CMD368 Sports listed a full-time handicap of -4.5 (1.85 odds) for NY Knick while 4.5 line (2.03 odds) for Orlando Magic. Then, you bet on Orlando Magic, then the team must win for you to win on your bet but if Orlando Magic loses by less than 4.5 points, then you will win on your bet. However, in case they lose with a margin of 5 points or more, then it will be a losing bet for you.
Bet On Basketball At a Trusted Online Casino In Singapore
Top SG casino sports betting site offers the most extensive and thrilling betting experience to many Singaporean punters. And if you’re planning to bet on the NBA, EuroLeague, EuroCup, NCAA, or any other basketball tournaments, you’ll never run out of market to bet.
FAQs:
Is Overtime Included In Basketball Betting?
Well, this depends on the bet market, because standard basketball bets only include results in the normal time.
How Do Bookies Set Odds On Basketball?
This depends on the analysis of the bookmaker, the team form the player’s performance, and many other factors that may affect the results.
What’s The Difference Between Moneylines And Point Spreads?
A point spread includes the handicap advantage/disadvantage that bookmakers give to the underdog and favorites; on the other hand, a moneyline bet is simply betting on the winner of the match.
