Bet on Basketball
There are several different types of bets that you can make when you bet on hoops. Here are the main bets that you can make.
The team that you bet on has to win by the posted point spread for you to win your bet. Generally the odds are $1.10 to win $1. The point spread can change from the time when it is posted. An example of a point spread would look like this:
L.A. Lakers -2 Utah Jazz – In this example the Lakers are favored by 2 points, so if you bet on the Lakers they have to win by 3 or more points. Conversely, if you bet on the Jazz they can still lose by a point or there can be a tie and you can still win your bet.
In a moneyline bet the team you bet on has to win the game for you to win the bet. The amount of money that is bet on each game will vary. The moneyline at the time that you make the bet is the moneyline you will get and it does not matter if there is a movement in the line. An example of a moneyline bet will look like this:
L.A. Lakers -200 Utah Jazz +180 – If the Lakers win this game and you bet $10 you would win $5 and if you bet $10 on the Jazz and they win, you will win $18.
When making a totals bet you are betting on the Over/Under combined scores of the two teams in a game. Generally with the totals bet you would bet $1.10 to win $1. An example of a totals bet would look like this:
L.A. Lakers vs. Utah Jazz O/U 187 – If you bet on the Over in this game both teams have to combine to score over 187 points. Conversely, if you bet the Under the teams have to combine to score less then 187 points for you to win the bet. Usually if both teams combine to score exactly 187 points it is a no action game and your original bet is returned.
A parlay bet is betting on 2 or more teams and the teams that you bet on all must win in order for you to win the bet. If one of the games is a tie then the parlay goes down to the next lowest payout number so if you make a 5 team parlay and one game is a tie the parlay becomes a 4-team parlay. You get a much better payout the more teams you bet on, but it is harder to win a parlay, as you are betting on more then one team.
A teaser bet is choosing 2 or more teams in one bet where the point spread changes to the favor of the bettor. The number of teams chosen and the number of points will determine the odds of the payout. You can move the odds depending on what type of teaser you choose. There are various rules for teasers depending on what sportsbook you play at. The things that can change are how many teams you can bet on, how many points you can get, and if a tie game is a loss or push. Generally teasers are around 4-5 points, but some sportsbooks will give you the chance to purchase more points.
A future bet is betting on the outcome of an annual basketball event. You can bet on the futures of such things as the winner of the NBA or NCAA Championship or the winner of a conference. For example, you can bet on the Lakers to win the NBA title and whatever odds you get at that time are the ones the bet has no matter how much they change after you make the wager.
Proposition (Prop Bets)
Prop bets are betting on a certain aspect of a game. Just a few examples of prop bets are player totals Over/Under a certain amount of points, which team will score first, which team will score last, amount of free throws taken in the game, and will a certain team shoot above 50% from the field. As you can see there are many prop bets that you can make.
In a halftime bet you are betting on the outcome of the first or second half.
All half-time bets are calculated the same as a straight bet unless indicated otherwise. For halftime wagers, overtime is included as part of the second half.