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NBA Money Lines Explained

 

For many sports gamblers, the betting on NBA basketball is not a priority sport although it should be! There is a ton of money to be made betting on this league and a little know how, can go a long way towards winning. Often sports gamblers wait until deep in the playoffs or even until the finals begin to start betting. If you find yourself in this situation and need a quick betting refresher, then you have come to the right place.

 

NBA Moneylines Explained:

 

In the NBA there are many ways to bet and we certainly can’t cover them now, so be sure to check with your favorite online betting site for the “how to bet on Sports” section and it’s likely they will cover all of the basics of most major sports. The Moneyline bet is one of the most popular ways of betting on the NBA and the trick to winning the moneyline is simply knowing the team that you are betting on. You do not have to be a professional handicapper, you do not have to eat, sleep and think basketball but you should do some basic research before plunking down money on any game.

 

Americas Bookie - Offering “How to Bet”, Sports Blogs

 

Before each NBA game (usually the night before) the oddsmakers, whether in Las Vegas or offshore, they set the odds for the games. There are many odds and many lines that they set and it can be a bit confusing and even overwhelming if you are not accustomed to reading and knowing these lines. The moneyline is simple, the way it is set is based on the strengths of teams and their opponents. There is a dollar value attached (this is the moneyline) an amount in terms of money.

 

Learn more about how to bet on basketball – Tips and Strategies

 

The oddsmakers base this money amount on whether they think one team will beat another and what the chances are of the weaker team beating the stronger team and they place what they believe to be an appropriate amount on each team. Let’s take a look at an example…

 

Example NBA Moneyline:

 

Phoenix Suns vs. Golden State Warriors

 

Suns + 200

Warriors -240

 

The Suns are the underdog and if you like their chances to win and decide to bet on them, for every $1.00 that you bet, you will win $2 or for every $100 you will win $200 plus your $100 back. If you like the Warriors in this bet, then you need to bet $240 to win $100.

 

Does Your Favorite Online Sportsbook Match Your Betting Style?

 

The beauty of a moneyline bet; it really is this simple. You do not have to worry about covering any point spread. All that needs to happen is for your team to win the game. This year’s NBA Finals are going to be good and betting them could be a huge moneymaker. Be sure to find a great bookie and make some money.





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