How to Bet Basketball
Published on: September 19, 2021
Updated on: January 6, 2024
Category: Advice & Tips, How To
This post offers a high-level overview of how to bet basketball.
Understanding the fundamentals is critical when placing NBA, WNBA, and NCAAB wagers.
Read: How to Use Flat Betting For Wagering Success
Related: How to Use Parlay Cards at the Sportsbook
Here is an example of a basketball wager, let’s break it down.
Time | Bet # | Team | Spread | Total | Money Line |
7:00 PM | 808 | Chicago Bulls | +6 -110 | o201 | +220 |
809 | Milwaukee Bucks | -6 -110 | u201 | -180 |
General Overview and Tips
-
Away team is always listed on top. In this example, Chicago is the road team.
-
Minus (-) next to the number in the money line indicates the favorite; the plus (+) indicates the underdog.
-
Bet # is most commonly referred to when verbally placing your wager at the sportsbook.
Wager Types
-
Spread – When betting the point spread (aka line), the favorite must win by a stipulated number of points. This means either laying points on the favorite or getting points on the underdog. In this example, Milwaukee (-6 -110) is the favorite and must win the game by more than 6 points to cover the spread.
-
Total – This refers to the total number of combined points scored (i.e. over/under). If the game lands exactly on the set number, the wager is considered a push and those bets are refunded.
-
Money Line – This is a bet on which team will win a game (regardless of score). Chicago is a +220 money line underdog. This means a $100 wager on Chicago money line wins $220 (collect $320 total). Conversely, a $180 wager on the Bucks money line wins $100 (collect $280 total).
Additional Basketball Wagers
-
1st Half – A first half line refers to the score of a game at halftime. This is a wager on the outcome of the first two quarters. In this example, the likely first half line is set to Milwaukee -3 (point spread) and -140 (money line).
-
Half Time – A half time line refers to the second half outcome of a game. For instance, if Milwaukee leads by four at halftime, oddsmakers are likely to set a 2nd half line of Milwaukee -2. This means Milwaukee must outscore Chicago by more than two points in the 2nd half to cover the half time spread.
-
Futures – Futures wagers in soccer are for predicting division winners, conference winners, and NBA title winners. Total games won (O/U wins) is another popular futures wager offered at the beginning of the season.
-
Live – Live wagering is a popular option for making in-game bets using your sportsbook’s mobile application (check availability). Live wagers offer adjusted point spreads, over/under, point totals, and more based on the live score.
-
Parlay – A parlay combines several teams into one bet. In a parlay, all wagers must win, or else the bet is a loser. As many as 10 teams (or more) may be used in a parlay. Totals (O/U points) may be included in parlays.
-
Props – A “proposition bet” is like a side-bet. Common prop bets in basketball include points, assists, rebounds, and blocks. Prop bets offered vary greatly from sportsbook to sportsbook.