Through the Bodog Live Betting portal, you can make bets in real time while the action is unrolling. Oddsmakers post a total (say 39.5 wins), and bettors go for Over if they think the team will exceed the posted total, or Under if they think the team won’t reach it. An example of a popular season-long team prop are the regular season win totals. These could be focused on a single game, or could be a season-long wager. Not all bets focus on picking the winning team for a game or major title with props, you can bet on side events, such as team or player accomplishments. For these bets, the picks are assigned odds of winning (displayed as American odds at Bodog Sportsbook), and when these odds are displayed as a positive number (+1000 for example), they’re showing the amount of money you’d win on a $100 bet. Examples of futures bets include the NBA championship, the division winners and the conferences. With NBA futures, you can bet on an event that won’t be resolved until the end of the regular season. If you buy points on the favourite, the spread moves in the opposite direction. Original Spread Half-Point One Point 1.5 Point Here’s what it would look like if you bought points on a team that was listed as a 10.5-point underdog: In basketball, you can buy a half-point, full point, and point-and-a-half the cost of each increment is an extra 10 cents added to the juice. That means the favourite would need to score fewer points in order to cover the spread, while the underdog could lose by a greater number of points than what’s set by the spread. With point spreads, you get the option of shifting them in your favour by buying points. For both teams in our example, you’d win $100 on a $110 bet ($10 is charged as a commission to the sportsbook for processing the bet in what’s known as vigorish). The numbers in the brackets tell you how much you’d win if your bet comes through. New Orleans supporters, on the other hand, get paid if the Pelicans win straight up, or lose by five or fewer points. Toronto bettors get paid if the Raptors beat the Pelicans by six or more points. The spread is negative for the favourite and positive for the underdog, so in this example, the Toronto Raptors are favoured to beat the New Orleans Pelicans by a 5.5-point spread. Let’s illustrate the spread with an example: That’s because the spread requires the dominant team to beat their opponent by a certain number of points unlike with the moneyline, it’s not enough for them to win straight up. The spread is a popular choice among NBA bettors because it makes the underdog option more enticing than the moneyline, and also makes it possible for the favourite to pay more. Meanwhile, with the underdog Mavericks, a $100 bet would net you a $200 payout. For every $150 bet, you’d win $100 on the Warriors. Since the odds are in their favour, the payout is lower than what you’d get with a Dallas upset. Here’s an example of how moneyline odds look:Īs indicated by the negative moneyline odds, the Golden State Warriors are the favourite in this game. At Bodog Sportsbook, American odds are always used for the moneyline. With this type of wager, you’re betting on which team you think will win, and if you choose right, you get paid based on the NBA odds that you took at the time of your bet. If you’re just starting to learn how to bet on NBA basketball, the simplest way is through the moneyline. When you bet on the NBA with Bodog Sportsbook, you have a chance to win alongside your favourite team and players-only your win comes from the virtual betting window. If you’re new to NBA betting, this article will provide you with several basic betting options as well as some NBA betting tips to help you get started on the right foot. Basketball is the second most popular sports league in North America for betting, and its popularity continues to grow on both sides of the border. The only thing that’s better than watching your favourite NBA team dominate an opponent is when you had the foresight to bet on them before tip-off.
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