NBA Money Lines Explained
For many sports gamblers,
the betting on NBA basketball is not a priority sport although it should be! There
is a ton of money to be made betting on this league and a little know how, can
go a long way towards winning. Often sports gamblers wait until deep in the
playoffs or even until the finals begin to start betting. If you find yourself
in this situation and need a quick betting refresher, then you have come to the
right place.
NBA Moneylines
Explained:
In the NBA there are many
ways to bet and we certainly can’t cover them now, so be sure to check with your
favorite online betting site for the “how to bet on Sports” section and it’s likely they will cover all of the basics of most
major sports. The Moneyline bet is one of the most popular ways of betting on
the NBA and the trick to winning the moneyline is simply knowing the team that
you are betting on. You do not have to be a professional handicapper, you do
not have to eat, sleep and think basketball but you should do some basic research
before plunking down money on any game.
Americas Bookie - Offering “How to Bet”, Sports Blogs
Before each NBA game
(usually the night before) the oddsmakers, whether in Las Vegas or offshore, they set the odds for the games. There are many odds
and many lines that they set and it can be a bit confusing and even
overwhelming if you are not accustomed to reading and knowing these lines. The
moneyline is simple, the way it is set is based on the strengths of teams and
their opponents. There is a dollar value attached (this is the moneyline) an
amount in terms of money.
Learn more about how to bet on basketball – Tips and
Strategies
The oddsmakers base this
money amount on whether they think one team will beat another and what the
chances are of the weaker team beating the stronger team and they place what
they believe to be an appropriate amount on each team. Let’s take a look at an
example…
Example NBA Moneyline:
Phoenix Suns vs. Golden
State Warriors
Suns + 200
Warriors -240
The Suns are the underdog
and if you like their chances to win and decide to bet on them, for every $1.00
that you bet, you will win $2 or for every $100 you will win $200 plus your
$100 back. If you like the Warriors in this bet, then you need to bet $240 to
win $100.
Does Your Favorite Online Sportsbook Match Your
Betting Style?
The beauty of a moneyline bet;
it really is this simple. You do not have to worry about covering any point
spread. All that needs to happen is for your team to win the game. This year’s
NBA Finals are going to be good and betting them could be a huge moneymaker. Be
sure to find a great bookie and make some money.
