Basketball Betting 2024

How to Bet on Basketball

Among the top basketball betting sites, the two most common bets are the spread and moneyline. Spreads from oddsmakers indicate the expected difference in final score between the two teams. If a team is -9 against the spread, they need to win by at least 10 points to win the wager.

Conversely, the opponent at +9 will cover and win the wager if they keep the score within eight points or win the game outright. Those wagers usually cost the same to bet, and if not are only slightly different (usually ranging from -105 to -115).

Moneylines are wagers on teams to win the game outright, regardless of score differential. Since no spreads are used to balance the two teams, the cost of those bets change. If a superior team is -450 to beat a weaker opponent, bettors must bet $450 to win $100. Conversely, an underdog bet of +300 means wagering $100 would return $300 if that team won the game outright. Score doesn’t matter.

Over/Unders are also massively popular. Sportsbooks set a total number of points it believes the two teams will combine to score. Like spreads, oddsmakers take into account the offenses and defenses of both teams, so the cost of these wagers is the same for choosing the over or under.

Bettors can also wager on first- and second-half spreads, moneylines and over-unders. The same general rules apply and are generally split in half.

Top Basketball Leagues to Bet On

• NBA (US/Canada): The highest level of basketball in the world. This includes 30 teams participating in the regular season and postseason, but also the Las Vegas Summer League and G-League, which feature the game’s younger players.
• NCAA College Basketball (United States): The highest level of amateur basketball in the world, consisting of 365 schools competing in a regular season, conference tournaments and March Madness.
• WNBA (United States): The highest level of women’s basketball in the world, featuring 12 teams that play during the summer after the NBA’s season has been completed.
• EuroLeague : The best European clubs from a number of countries take part in a 30-game regular season and eight-team postseason over the summer, interspersed with the teams’ respective leagues.
• The Liga ACB (Spain): Widely regarded as the second most competitive league in the world (behind the NBA), 18 teams play each other twice and, based on a point system, are placed in an eight-team postseason.
• National Basketball League (Australia): The top basketball league in Australia (and New Zealand) consists of eight teams playing in a 28-game regular season, with the top four teams advancing to the postseason.

Most Bet on Basketball Tournaments

• March Madness: This single-elimination, 68-team bracket pits the best of the best in college basketball against one another, crowning a champion after four winners of their respective regions compete in the Final Four.
• NBA Finals: The best of the best, the winners of the Eastern and Western Conferences square off in a best-of-seven series in June in front of a worldwide audience.
• FIBA Basketball World Cup: Thirty-two teams from around the world are sorted into eight groups, with the top two from each advancing to four new groups. After another round robin the top two teams in those groups advance to the knockout stage; the top eight teams also qualify for the Olympic Games.
• EuroLeague Final Four: The top four teams from the second best league in the world compete in a single-elimination bracket, with the winners of the semifinals squaring off in a winner-take-all championship game.
• Olympics: Every four years at the Summer Olympics, 12 teams compete in two divisions, with the top four from each group advancing to the medal stage and quarterfinals. A single elimination bracket ensues in the knockout stage.

Top Basketball Betting Markets

Game spreads, moneylines and over-unders are the most common wagers. But there are also a host of other wagers that have gained popularity.

Given that the top players in their respective leagues have such a significant impact on winning or losing a game, sportsbooks typically have over-under bets on points, rebounds and assists for a given player in a given game.

There are also season-long bets that sportsbooks offer in a variety of ways. The most popular bet is over-under win totals for the year, which follow the same trend as game over-unders for point totals. Bettors can also wager on which teams will win their respective divisions, conferences or championships.

From a player’s perspective, bettors can wager on which players will lead their respective league in scoring, rebounding or assists, as well as which players will win end-of-the-season awards like MVP, Defensive Player of the Year and Most Improved Player.

Check out US sports betting sites to know about sign up process, where you can bet online, what sports you can bet on etc.