The Basics of Spread Betting in Basketball: Pros and Cons

In basketball, there are two primary ways to bet on the game: moneyline and spread. In this article, we’ll take a look at what spread betting is and how it works, along with the pros and cons of using this type of wager. If you’re new to sports betting, it’s important to understand all the different types of bets that are available so you can make informed decisions when placing your bets. So let’s get started!

What is basketball spread betting?

This is a type of bet that allows you to wager on the margin of victory in a basketball game. Essentially, you’re betting on how many points one team will win or lose by. For example, if the Los Angeles Lakers are playing the Golden State Warriors, and the Lakers are listed as -11.0 point favorites, that means you’d need to bet £11 on the Lakers to win by more than 11 points in order for you to win your bet.

The key thing to remember is that the margin of victory doesn’t have to be exact. In our example above, if the Lakers won by 12 or more points, you’d still win your bet. Similarly, if the Lakers won by exactly 11 points, you’d push (tie) and get your original bet back. The only way you can lose is if the Lakers lose the game outright, or if they win by less than 11 points.

Spread betting can be a great way to add an extra level of excitement to a game. It can also be an interesting way to potentially win more money in the long run.

What are the pros and cons of spread betting in basketball?

One of the biggest benefits is that spread bets can be very profitable. If you know what you’re doing, you can easily make money. Another pro of spread betting is that it’s relatively easy to do. You don’t need to be an expert on the sport to be successful. All you need to know is how they work and what teams are likely to win or lose.

However, there are also some cons to spread betting. First of all, it can be very risky. If you don’t know what you’re doing, you could easily lose a lot of money. Another downside is that it can be very time consuming. If you want to be successful, you need to be able to dedicate a lot of time to research and analysis.

What are the top tricks for spread betting?

We’ve put together the most rewarding tips to help you make the most out of your spread betting experience:

1. Know what the spread is. This is the difference between the two final scores of the teams playing. For example, if the Los Angeles Lakers are playing the Miami Heat, and the Lakers are favored to win by four points, the spread would be four points.
2. Understand how the odds work. The spread works with odds. The odds are what determine how much you’ll win or lose on your bet. If the Lakers are favored to win by four points, and the odds are -110, that means you would need to bet £110 to win £100.
3. Do your research. Just like with any other kind of betting, it’s necessary to do your research before placing a bet. You’ll want to know everything you can about the teams playing, their records, and their recent performances.
4. Set a budget. It’s always important to set a budget when gambling, and this is especially true with spread betting. You don’t want to bet more than you can afford to lose.

So, whether you’re an expert or just starting out, we hope this guide has given you a good foundation for your spread betting journey. Remember that gambling should be fun, not stressful! And most importantly, have fun with it. Who knows? You might even make some money in the process.

Let us know in the comments if you’ve tried spread betting before and why!