The NBA is the second most popular sport to gamble upon next to the NFL. While the two sports are completely different on the field and court, from a sports bettingperspective, they couldn’t be similar. Basically, if you know how to bet on football, then you know how to bet on basketball. Today we’ll be looking at the basketball betting line, and how it affects your wagers.
In the NBA and NCAAB bettors have the option of making straight or exotic wagers. For all intents and purposes, this bookie software article, aims to describe straight wagers, which are the most common types of bets you can make. Within a sportsbook, the bookmaker offers up a plethora of different lines, for the money line, point spread and totals. The basketball betting line is another phrase for the money line.
If you are more experienced in betting, then you will know, that the money line is the universal straight wager. That is to say, on a money line wager, you simply have to risk your money on the team you believe will win the game outright. However, because every line has an underdog and favorite, the money you are risking is affected accordingly. Here is an example of an NBA money line.
LA Clippers +150
LA Lakers – 120
For this example, the Clippers are the underdog, which means that bettors picking them to defeat the Lakers must risk $100 to receive back $150. The reason for such a high return is because the Clippers are a historically bad team, and pulling off the victory would be a huge upset. On the other hand, the Lakers, who have won three of the last four NBA titles, are the favorite, which means they are expected to win. For that reason, bettors must risk $120 to get back $100.