19.02.2022 - Basketball is one of the most popular sports around. The sport has millions of fans across the globe, and just as many of those who enjoy betting on basketball and their favorite teams.
However, as we all know, betting can be risky. For that reason, we've prepared a brief guide to show you what to keep an eye on when betting on basketball and how to maximize your chances of winning.
Do Your Research
The first thing you should do is to get as much information as you can about the game you want to bet on. The more information you have, the easier it will be to make an informed bet.
To start, you can research the teams, check the team rosters, and pay attention to the latest transfers. A new addition to the team can mess up the team's chemistry and result in losing a game in which they were favorites.
Additionally, see if any of the players are injured or if there are any other reasons a player cannot give their 100%. If a star player on a team is injured, the team's chances to win decrease drastically.
Lastly, you should never underestimate the power of field advantage. Virtually every team fights harder when backed by the home crowd, so make sure to keep that in mind before placing a bet.
Get to Know the Betting Markets
Once you know what team you want to bet on, you should see which betting options are available in the sportsbook. In today's time, sportsbooks offer plenty of different betting markets for basketball. However, you should generally try to stick to the basic bets like spread or moneyline, especially if you are new to basketball betting.
In case you want to spice things up a little, you can try specials like handicap betting, betting on which team's going to score the first basket, and many others. To really kick it up a notch, you can try the parlay bets, which allow you to combine several different bets into one. While parlay bets are extremely difficult to land, they come with fantastic odds and are a great option for seasoned bettors.
An important thing to remember is that odds vary from one sportsbook to another. Therefore, make sure to shop around for the best odds possible or simply choose a sportsbook with the best welcome bonus.
Use a Betting Strategy
The last tip we have for you is to use a betting strategy, especially if you bet on the regular. The simplest one is the heavy home underdogs strategy. As we mentioned earlier, teams playing on the home court always go all out, and you can make a hefty profit by betting on underdogs playing at home.
If you have a dedicated bankroll, you can use the 1/3 system, which works similar to the Martingale system players use in casinos. Another strategy you can use is the no-back-to-back blowouts, where you would bet against teams that won their last game by 15 points or more.
There are a ton of other strategies you can use, such as the over/under betting strategy, contrarian betting strategy where you bet against the public, value betting, and many others. Without going into too much detail, a good rule of thumb is to find a strategy that suits your bankroll and betting style the most, then stick to it.
Summary
Even though betting can be fun and exciting, you shouldn't just throw your money away and bet blindly. You should instead do as much as you can to increase your chances of winning.
Granted, while our tips are not going to make you an expert overnight or help you win every single bet, they are most likely to help make the most of each bet. Ultimately, the decision on which team you are going to bet on is just yours, so always make sure to use your best wits about it.
