Where To Bet On Basketball Games
NBA Playoffs Odds Individual Game Betting. This is betting on an individual NBA playoff game, just like you would bet on a NBA game. Series betting is placing a bet on the result across an individual NBA.
- Freestyle Street Basketball
- How To Bet On Basketball Games
- Play Real Basketball
- Bet Money On Football Games
Parlay betting is considered to be exotic or “specialty wagers” wherein you bet on a series of games. A parlay is a minimum of 2 games and it can go up to 12 games – depending on the online basketball sportbook and the actual sport and category being bet on. Usually all of the games have to end the way you predicted for you to win the whole parlay. Thus, if you are betting on a 4-team parlay, all 4 bets have to win. If even one of the bets is unsuccessful/lost, then the whole parlay is a loss. Why bet on them then? Well, the bigger the parlays the bigger the payout, although is also comes with a lot more risk associated with it.
- NBA betting remains one of the most popular forms of sports wagering, with the popularity of LeBron James, Kevin Durant and other stars driving the interest and the action. And while NBA point spreads factor in most discussions, more fans are handicapping OVER/UNDER lines and betting basketball.
- Parlay betting is considered to be exotic or “specialty wagers” wherein you bet on a series of games. A parlay is a minimum of 2 games and it can go up to 12 games – depending on the online basketball sportbook and the actual sport and category being bet.
- Check (And Double Check) The Starting Lineup. As you know, a team’s starting lineup is.
- However, the league’s 82-game schedule remains a serious grind, and teams still average 14.4 back-to-back games from October to April. Teams playing in the second game of a back-to-back win just 44% of the time. When deciding which NBA games to bet.
Calculating Basketball Parlay Bets
* Please see illustration below to help understand parlay bets, text explanation follows.
You can parlay money lines, over/under bets, as well as spreads. We will use a money line example to demonstrate how parlays are calculated. Let us say you want to bet on two NBA games: San Antonio Spurs versus Memphis Grizzlies, and Dallas Mavericks versus Los Angeles Lakers. The odds are listed as:
Game 1
- San Antonio Spurs (+130)
- Memphis Grizzlies (-150)
Game 2
- Dallas Mavericks (+230)
- Los Angeles Lakers (-280)
Let us say you want to bet on the underdogs, San Antonio and Dallas. You are parlaying the bet, betting $100 total. If the Spurs win, then that $100 will get you a total of $230 ($130 won plus $100 bet). Then, that $230 goes into the Mavericks bet at (+230) line, getting you a total of $759 ($529 won plus $230 bet) if they win. Thus, a single bet of $100 gets you total winnings equal to $759. For that to happen in regular money lines there would have to be a huge underdog with (+659) money line, and that will actually win, which is rare to find.
You can boost your returns even more by betting on even more team-parlays, where the winnings will be accrued in the same manner as above.
Multiple Parlays
Sometimes sportsbooks can allow bettors to construct multiple parlay combos with different money lines, over/under bets, proposition bets and even with different sports. For example, you can bet on which team is going to win the NBA championship, which team is going to win in a baseball match and what will be the spread in a hockey match. However, there is a condition that the bets must not be connected with each other. For instance, if one bet is for LA Lakers beating Chicago Bulls, then you cannot also bet in a parlay if Lakers are going to become champions. To say the least, these multiple parlay bets can get very complicated. The more complicated they are, the more risky they are, and the less of a chance for you to win.
Basketball Parlay Betting Tips and Strategies
Every March, National Collegiate Athletic Association (NCAA) holds its playoffs to determine national college basketball champions. 68 games are played out over a course of three weeks. Many seasoned bettors like to parlay their bets on these NCAA playoffs. There are many games to choose from in a single game, where you can look for the best possible odds for yourselves – making it an absolutely exciting time for bettors. There are also a lot of upsets during these games, with various smaller teams beating many favorites; thus, the underdogs actually have a good chance to win. You can bet on some of them, trying to receive a larger payoff. You can also offset your underdog bets by parlaying them against a couple of strong favorites; for example, you can bet on a 4-team parlay, on two underdogs and two favorites.
Do not go Overboard With Parlays
The more parlays you bet on, the less likely you are to win. Sure, you might get high returns, however, after about 5-team parlays it gets statistically very improbable of winning a parlay. For this reason more seasoned bettors stick to 3-team parlays. In a 3-team parlay you are getting good returns and you can still get big profits. The difference is that your risks are much more manageable and you can actually win some money.
Most Popular March Madness Tools
- Where to Bet:
The VegasInsider.com College Basketball Las Vegas Odds is one of the most popular betting resources for bettors that wager on NCAA Men's basketball action throughout the season, which begins in early November and concludes in the first week of April.
How to read College Basketball Las Vegas Odds
Whether you're a novice, advanced or professional bettor, the College Basketball Las Vegas Odds is simple for all individuals looking for some action on the hardwood. The most popular betting market in college hoops focuses on point-spread wager or side wagers.
The spread was developed to provide a balance for both teams involved in a matchup, hoping to have bettors wager on the weaker to team that was receiving points and that team is labeled as the underdog. The team giving or laying the points is the favorite.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as 'vig' or what many in the sports betting industry call vigorish. Another common term is called 'juice' and it's technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $91.91 (10% juice)
It's not uncommon to see other values posted other than -10.
Examples seen on the College Basketball Vegas Odds pages could include -15 and -20. The added or extra juice' on a point-spread is determined by the sportsbook or operator. Many bettors shy away from books that lay on the juice because it takes away from your winnings.
Freestyle Street Basketball
Ex. Bet $100 to $83.33 ($20% juice)
Ex. Bet $100 to win $86.95 (15% juice)
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make College Basketball bets.
Another number that's posted on the College Basketball Las Vegas is the total or over/under' for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa (below) if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The College Basketball Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Date and the Time of the game, which is subject to change. All game times are Eastern Standard Time.
How To Bet On Basketball Games
College Basketball Open Line
One of the best features on the College Basketball Vegas Odds is the Opening Line or the Open Line. This numbers consists of the first betting line received from our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use on the college basketball matchup. It's a very smart idea to see where the line originates and even smarter to follow the moves.
The Opening Line on the College Basketball Las Vegas Odds is a must-stop resources for the 2021 NCAA Tournament, which begins on Thursday March 18. Prior to the 'First Four' action in the tournament, 'Selection Sunday' takes place four days earlier and after the field of 68 is announced, the oddsmakers start populating betting odds on the opening matchups.
It's often been said that savvy bettors have an advantage over the oddsmakers in college basketball because the sample size (number of schools) is next to impossible to follow. Our 2021 March Madness Central betting resources are here to help you get more acquainted with the NCAA Tournament.
VI Consensus College Basketball Line
The VegasInsider.com Consensus College Basketball Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could simply be called a 'Median Line' since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
Play Real Basketball
The Las Vegas College Basketball Odds consensus lines uses up to 20 sportsbooks and operators in the state of Nevada.
The most popular and respected Las Vegas College Basketball Odds include:
- Westgate Las Vegas SuperBook
- Southpoint
- Circa
- Stations
- William Hill
- MGM
- Wynn Las Vegas
Bet Money On Football Games
While many bettors like to shop for numbers, which is a great technique, not everybody always gets the best line. Therefore, the consensus open and eventually closing line is a great way to measure your skills as a bettor or handicapper.