As with football, the most common method of betting basketball involves the point spread. Also similarly, bettors are asked to lay to odds. A team is just as likely to win by five points as by three. The second most popular method of wagering on basketball, a total is the predicted combined score of the two teams playing. The point spread and totals make up the vast majority of basketball wagers, but again, same as football, bettors have the money-line options available to them.
One is the money line, a bet on the winner without the spread, using odds. Basketball bettors have their choice of the point spread or money line when betting parlays , in which all the selected teams must win their games in order for you to win your bet. Point spread parlays are paid out at fixed odds , since the point spread theoretically makes all teams a proposition of covering the spread.
Money-line parlays are calculated using the odds of each team in the parlay and the formula for calculating the payouts was presented in Chapter 4. Plenty of parlay calculators are online for those not wanting to do the math themselves, especially when the parlay uses a combination of point spread and money-line wagers.
For payout purposes, point spread teams in your parlay are calculated as favorites. If you wanted to calculate the payout involving the Knicks -4 and the Heat , the first step would be to divide 1 by 1. Next, divide 1 by 1. When you multiply 1. Basketball teasers work exactly the same way as football teasers, although players receive fewer points in which they can move the line.
As with parlays, all teams in your teaser must win or the entire bet is declared a loss. Basketball teasers pay off just as they do in football: the first number listed is the amount you stand to win, while the second number is the amount you risk. Basketball pleasers follow the same principles as they do in football.
The payouts between sportsbooks vary more with pleasers than traditional bets. As a general rule, bettors have to move the point spread a minimum of 5. Historically, neutral courts provide a huge edge to betting unders. Because young college athletes are not used to the unfamiliar surroundings, including the backboards, courts and shooting backdrops.
Since , unders played on a neutral court have gone 1,, When the neutral-court total is high or more , the under improves to Good field-goal-shooting unders : Public bettors love taking overs because they want to see a fun, high-scoring game and cash in the end. The sportsbooks know this public bias and will shade lines to the over. This creates a buy-low opportunity to contrarian bettors to sweat inflated unders.
This is especially true with two teams that shoot well from the floor. The public says they make a lot of their shots, so the total must go over. But the exact opposite is true. High-total, big-spread unders: In the NBA, a high total is considered about or higher. When a home team is a big favorite or more and the total is or higher, the under has gone Chances are the home team will be up big and take its foot off the gas late, leading to low-scoring garbage time.
Low-total overs: It may seem obvious, but when a total is super low, the over has cashed at a high rate. Since , when the total is or less, the over has gone Bet against the public in big conference games: Going contrarian is a smart long-term strategy because more often than not, the public loses, and the house always wins. But you can bet against the public only in big games that feature heavy public action. A good rule of thumb is to look for nationally televised games featuring big-name schools and ranked teams.
If the public is heavy on one side in these matchups, backing the contrarian dog has added value. This is when the season really heats up and we get great rivalry games, especially on Saturdays. Conference play provides a big edge to underdogs. The built-in familiarity levels the playing field and benefits the team getting points, especially if they are on the road because the public overvalues home-court advantage. Since , road conference dogs getting 10 points or more have gone 3,, ATS Bet against top-ranked teams: Public bettors love betting on highly ranked teams.
This leads to shaded and inflated lines, providing added value to bet against these teams, especially Top 5 teams.
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