Basketball is one of the most popular sports around the world. And with good reason! It’s a great way to get some exercise and stay connected with friends and family. But did you know that there is more than one kind of odds in basketball betting? Here is a quick run-down of what each type means, along with some examples!
Under 2.5 Goals Odds
These are the standard odds you will find on almost all basketball betting sites. They represent the favorite team’s chance of winning the game under 2.5 goals (3 point shots or less). This kind of bet pays out if the favorite team wins, but the bettor also loses if the underdog scores more than 2.5 goals. The latter is why these odds are considered poor investments for most people.
2.5 Goals to 3.5 Goals Odds
The middle of the pack in terms of payout rates on basketball bets is represented by the 2.5 goals to 3.5 goals odds. These odds show the favorite team’s chances of winning the game between 2.5 and 3.5 goals. The reward for betting on this favorite is great; if they win the game, the bettor will break even, but he also stands to make a profit if the underdog scores more than 3.5 goals. The risk, however, is quite high; the favorite has to score at least 2.5 goals to earn that sweet reward. If they fail to do so, the bettor will take a huge loss.
Even Odds
Those who enjoy taking a flier on the side of the underdog may opt for even odds. These are the same odds as before, but this time the favorite’s goal is to score more than the underdog. So if you are betting on an even game, you will experience a winning streak if your team scores more goals, but you will be subjected to another losing game if the other team scores more goals. The risk here is similar to that of the 2.5 goals to 3.5 goals odds, but the reward is much higher; in the case of an even game, the bettor will only lose if the favorite fails to score more than the underdog. When that happens, he will win handsomely!
Over 3.5 Goals Odds
The last kind of odds you will encounter on a sports betting website are the ones representing the favorite’s chances of winning the game if it is an over 3.5 goals game (more than 3.5 goals scored by the underdog). If you are looking for very high odds (either way), then you are in the right place! These kinds of bets are very profitable for the bettor, but they also come with their risks. If the favorite scores more than 3.5 goals in the game, the bettor stands to win a tremendous amount of money; however, he also runs the risk of losing a large sum of money if the underdog scores more than 3.5 goals. The risk here is similar to that of the 2.5 goals to 3.5 goals odds, but the reward is much higher; in the case of an over 3.5 goals game, the bettor will only lose if the favorite fails to score more than 3.5 goals. When that happens, he will win handsomely!
As you can see, there are various types of odds in basketball betting. Which one you will encounter will depend on where you live and what kinds of teams you are following. In most cases, the standard odds are great for entertainment purposes, but if you are looking for winning opportunities, then you should look for the higher-paying alternatives.