Basketball is an increasingly popular sport in different corners of the world, with the American competitions as the pinnacle of sports performance and entertainment. NBA is the basketball competition with most fans around the world, with its matches offering a fast-paced action and thrills. While the action on the court offers its own experience, many users are also looking to basketball betting.
Basketball betting is done both over the counter and via internet. The online betting service penetration has taken over the world, with many legal betting options. You will need to check requirements in your country of residence and check licensed operators, as one brand legal a country may not be legal in another. Betting on basketball is fairly straightforward, with several options to choose from.
In this article we will try our best to explain you the principles of placing a basketball bet not only online, but also in street betting shops of your choice.
What is the procedure in terms of Basketball betting?
- First: You need to choose where to place your bet, with corner bet shop or an online bookmaker. If you are looking for reputable betting website to create and account, we recommend this list of sports betting free bets & bonuses to also claim a welcome package on signup – but again, note the legality of those brands in your region.
- Second: Choose the match or matches to bet on. Before placing a bet we highly recommend conducting your own analysis, by checking team’s past performance, they home or away form, average points scored versus conceded or any player injuries. In most cases there will also be previous head to head meetups and statistics (which you will find on our daily H2H posts). Once you have analysed all the sports data, you can proceed with the selection of predicted outcome. In basketball it is popular to bet on Home or Away win, but also on number of points to be over or under a set value.
- Third: To calculate the potential win you simply multiply the odds value of your selection with the stake amount and this will give your the total win (with stake return). This calculation is applied to Decimal odds however, if you use the fractional or US systems, there are different formulas to use. Luckily there are bet calculators which will perform all these for you super fast, so you don’t have to waste time on it.
Winning your bet takes both analysis and luck. We say luck because all sports betting activities are a gamble, and no matter how sure a result may appear in your mind, there are many daily surprises in the world of sports. So make sure you make your homework and also use a money management strategy so that you do not risk your entire capital at once, nor the money you should be using for other things. We at BasketballStatsH2H wish you good fortune!