As the world’s most popular sport, the basketball betting market is also developing and vibrant, no less than football betting. It would be a mistake if you did not know about this attractive form of betting. Let’s join JOLIBET to learn about all the information related to basketball betting in the following article..
What is basketball betting?
In countries with developed basketball, basketball betting is one of the most vibrant betting markets and has the largest number of bets. In the Philippines, although this sport appeared after other sports, with a large number of fans, the demand for basketball betting is also increasing.
With the development of technology, players can easily access basketball betting through online bookmakers. Bookmakers currently operating in the Philippine betting market almost all offer basketball betting odds. Accordingly, basketball betting is similar to football betting or any other sports betting odds. The bookmaker gives the odds between the two teams, and players will analyze the odds and place bets according to their predictions.
To bet on basketball online, players need to register a playing account at the bookmaker and deposit money into that playing account. After each game, the bookmaker will pay the player’s account if they win the bet. The convenience, promotions, and attractive rewards have made basketball betting popular.
Types of Basketball Betting
Here are some basic types of basketball betting:
Moneyline betting: A simple and popular type of betting. Players will predict the final winning team of the match, similar to European betting in football.
Handicap betting: The bookmaker will add handicap points to the underdog team to create a balance between the two sides. Players need to make predictions based on the handicap rate given by the bookmaker.
Over/Under betting: Predict whether the total score of that match will be less or more than the number given by the bookmaker. If you predict more, bet on Over and less, bet on Under.
Even/Odd betting: Predict whether the total score of that match will be an odd or even number.
Future betting: Predict the best team in that season, placed before the season starts.
Other special bets: There are some other equally attractive side bets, such as betting on the team that throws the first basket, betting on the team that throws the last basket, and betting on the team that scores 20 points first.
Basketball betting rules
In addition to understanding the concept of each bet, when betting on basketball, you cannot help but master the betting rules. Each bookmaker will have its own betting rules, basically complying with the following terms:
All types of full-match bets will be based on the final result, including extra time and injury time.
If the match does not take place according to the prescribed time, the bet for that match will be invalid
If the match is postponed and cannot be restarted within 12 hours, the bet will be canceled; if it restarts before 12 hours, the bet will remain valid
First-half bets are calculated based on the results of the first and second rounds; 2nd half bets are calculated based on the results of the 3rd and 4th rounds.
The score is not updated for live bets.
With bets on the first team to score, if the match is suspended or canceled but the first point has been scored, the bet is still valid.
With bets on the last team to score, if the match is suspended or canceled, the bet is invalid.
Effective basketball betting experience
From their experiences, basketball betting experts share that, to win at basketball bets, players need tips, betting skills, and luck. When betting on basketball, don’t forget to apply the following experiences:
Learn information and statistics before the match: Statistics before the match will give you a lot of information and a basis to predict the most accurate bets. Statistics on each team’s form on away and home fields, and recent achievements, will help you have a clear view of the current strength of each team. You can refer to information and data on TV channels, sports newspapers, or football forums.
Bet on the home team: When two teams have quite equal form, the advice for you is to bet on the home team. Just like in football, the home-field advantage in basketball brings a huge advantage and is a major factor affecting the final result.
Choose a reputable bookmaker with high odds: Almost every online bookmaker today offers basketball betting odds, so choose a reputable, quality bookmaker and compare the odds to have the most beneficial choice for yourself.
Stay calm, don’t choose your favorite team: If you want to win and be professional in basketball betting, don’t bet on your favorite team. Instead, stay neutral and calm, and choose based on analyzing information and the most reasonable odds.
