You might have heard of Money Line Betting in the NFL or the college football leagues. The idea behind this betting option is to wager on the final score of a game. While this might sound like a simple bet to make, things are a bit more complex than that.
In the NBA, Money Line Betting is available when betting on regular season games. This is contrary to the NFL and college football, where it is mostly used for picking against the spread. In NBA Betting, if the favorite team is winning the game by 1 point, the bettor would get his money back (assuming the sportsbook posts a 1-point spread). This is different from other sports, where if the favorite team wins by 1 point, the bettor would still lose.
Setting Up Money Line Betting in the NBA
To get started with Money Line Betting in the NBA, you will need to open an account with a reputable online sportsbook. Once you have done that, you will then need to follow a few simple steps to get set up with this wagering option.
Step 1: Find the lineups for the teams you are interested in placing a wager on. You can use the handy search function on most online sportsbooks to find these details.
Step 2: Next, you will need to determine whether you are placing a winning or losing wager. The basic strategy behind Money Line Betting is to predict the winner of the game. If you are correct, you will win a fair amount of money. If you are wrong, you will lose what you have bet.
Step 3: After you have set your wager, it is time to determine how much money you want to risk. This is known as the stake in other sports, and it represents how much you are willing to wager. Most sportsbooks offer different levels of wagering where you can win certain amounts of money based on the size of your initial stake. It is a good idea to play around with the different stakes to learn how much you can afford to lose before committing to a wager. If you are new to gambling, setting a limit to how much you are willing to lose is a good idea.
Step 4: Once you have set your risk level, it is time to make your Money Line Bet. You will need to pick a team you think will win the game. It is important to remember that these picks are just that – they are just predictions. Even though you have decided that the Rockets will beat the Warriors in the NBA Finals, this does not guarantee that you will win your bet. You should always keep an open mind and be willing to change your pick if the spread shifts in the opposite direction.
Step 5: To confirm your bet, simply click on the “Place Bet” button. You will then be taken to a new page where you can confirm the details of your wager. Make sure to enter the appropriate information – the BET ID and password will be what you use to access your account.
Step 6: After you have confirmed your bet, it is now time to check the results. The winning and losing picks will be listed along with the amount of money you have wagered and the line (or spread) for the game. If the line has changed since you made your wager, you will be notified via email or text message. This is also the point where you can decide whether or not you want to follow through with the bet.
It is important to remember that just because the line has moved in the direction you predicted does not mean you will win your bet. This is also true of any other sports wager where the spread is not in your favor. If you are using a new online sportsbook, you can reach out to customer support and ask them to put your bet on ice for a bit. This way, you do not risk losing your money if the line moves in the other direction after you have placed your bet – but you also do not get denied the opportunity to place a winning wager if the line moves in your favor.
FAQs About Money Line Betting in the NBA
With your initial wagering experience behind you, you can now move on to the fun part – asking questions and finding answers! Here are some of the more common questions you might have regarding Money Line Betting in the NBA.
How does Money Line Betting work in the NBA?
The general idea behind Money Line Betting is to wager on the outcome of an upcoming game. So, as the name might suggest, this type of bet has a direct correlation to the money line in sports betting. If you are using the right line in the right situation, you will have a good chance at winning. On the other hand, if the line is heavily against you, you might as well just leave the money you were planning to bet on the side.
How many points will the favorites win by?
The favorite team will almost always win the game by at least a point. If that point spread is very high, it could even go up to 2 or 3 points. Some underdogs pull off surprising wins when the spread is very low – but that is the exception rather than the rule.
What is the over under?
This is the total combined score of the two teams, as calculated by the oddsmakers. The over under is usually between 1 and 7 points, but it can reach up to 10 or 12 in some cases. If the total score is closer than the over under, the teams will most likely split the points.
The under is usually represented by the opposite of the over under. For example, if the over under is 57, the under would be 57 or less. Similarly, if the over under is 10, the under would be 10 or less.
Why does the NBA favor the favorites?
The NBA is a competitive league and the favorites usually rise to the top through sheer force of will alone. The Golden State Warriors are the current NBA champions, winning their third title in a row last year. But they were not actually the favorites to win the title. The Warriors were 5.5-point favorites when the playoffs rolled around. But they rose to the top of the heap and proved their worth, crushing their competition in 4 consecutive rounds.
Money Line Betting in the NBA gives you the opportunity to experience competitive sports betting on a whole new level. You will find that handicapping the games is a great way to add an extra layer of excitement to your NBA betting experience.