Basketball is deemed the easiest game to place a bet. Just like football, the game betting uses point spread and over/under number. In spread betting, the winning team is referred to as the favorite while the losing side is termed as the underdogs. In this case, the favorites usually lay points for wagering purpose to the losing team. For instance, where Celtics vs. Knicks, the favorite Celtics will have a 10-point odd. This means that those waging with Celtic will win the bet if at all the team wins the game with over 11 point. On the other hand, those betting with Knicks will win the bet if Celtic loses by nine or less points.
The same case implies that in point spread bettors of Celtic will bet with $11 in attempt to win $10.
The over/under is another way of placing a bet. This brings about the aspect of adding the scores. This means that a bettor can wage more than the predicted score totals (over) or fewer than the predicted totals (under). In the same case Celtic vs. Knicks, the accumulated points is 188 and hence bettors for Celtic wins if the total points sums up to more than 189 while Knicks bettors win if the points are 187 and below. The similarity between the two wagering sites is that they use the 11-10 odds.
Money Line Wagers
Many prefer to bet with spread point and totals in betting. However, there is yet another type of betting. In this, bettors are required to bet more money than the bet will produce in a winning team. For instance Celtics 300 and Knicks + 240, this implies that Celtic bettors will risk $30 in order to win $10 whereas those of Knicks will place $10 to win $24.
Parlays and Teasers
Also known as, exotic bets are a type of betting where bettors have a task of predicting the winner on over two games. This type of bet allows player can use either the point spread or money. However, in this case, all teams placed on the bet must emerge victors for one to win.
Generally, it is easier to use point spread, totals other than moneyline.