NBA betting odds are something that people should know how to read and calculate if they wish to be involved with wagering their money in it. Unfortunately, not a lot of people know how. The most common style of odds used in North America is called American Style Odds which is also used for NBA Betting, NFL betting and other sports.

Most online sportsbooks list their odds in American Odds and it’s used in NBA Betting. It is very easy to understand and is actually easy to read. Let’s show an example:

Boston Celtics (+150)
Miami Heat (-140)

The numbers that are in the brackets indicate the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.

The signs on the odds or numbers before them indicate if you would have to pay more in order to win less of what you have wagered or win more than what you were expected to wager. It also has something to do with the outcome of the game. If the sign is negative before the number then it means that it is likely to happen (meaning the team winning) and if it’s a positive sign then the team winning is less likely.

The number after the negative sign indicates how much money you would have to bet in order to win $100. In the above example, in order to get $100 by betting on the Heat then you must be willing to bet $140 dollars and hope that the Miami Heat would take victory so you can get your $100.
You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.

On the other hand, if the sign before the number is positive then the number after the positive sign is the amount that you can win if you bet $100 and the team wins. In the example above, betting $100 on the Celtics will give you a profit of $150 if they win.

NBA betting odds is rather easy to understand and if you know other sports betting odds then you know NBA betting odds. They use the same odds in different sports too so don’t worry about being afraid to learn other types of odds with different sports.

One of the most popular sports in United States and among other country is the National Basketball Association or popularly known as NBA. It consists of most athletically gifted people in the World- NBA players. These NBA players are extremely talented when it comes to the sports basketball.

But what these NBA players can’t do that other people can do is making money out of the game through what we call the NBA betting. Aside from the enjoyment NBA brings to its fans, it also gives you the chance of getting money from it, great isn’t it? That is pretty much what sports betting is all about and the successful ones do feel like they are being paid to watch something they would watch anyway.

Here are some of the great NBA betting tips that can help you be successful.

The first and consider as one of the most essential NBA betting tip that you should always keep in mind is to bet objectively. Many bettors have the mistake on betting to their favorite teams that is competing in. Well, bias as a fan should never be part of the betting decision. Choose the team or player based on performance and not solely based on popularity. Public opinion is not very reliable at all times.

Stay closely updated with the entire season. Get updated with the latest changes in the rules and regulations. New rules can greatly affect each player. The top team at the start may become the bottom at the latter part. One great way to make money is to place bets against your team when you think they are going to lose. But if you are too loyal and you can’t place bet against your favorite team. The best thing to do is to bet both for and against your team and just watch the money come piling in.

Do research. Learn the injury reports. Study the box scores. And if possible, watch as many games as you can and try reading relevant websites, news or information about the teams you are following. The more knowledge you have, the more it may help you in decision making.

Wager only when you had done your research and confident of the bet. With that, you have already done half the battle. Also in placing your bets, always consider the amount of money you will used. Don't bet money you can't afford to lose, and be sure to employ the principles of sound money management. Be responsile enough.

The most important decision you make as a gambler may be deciding which games NOT to bet on. Part of the advantage that you have as an individual gambler is the ability to pick and choose which games you want to bet on, and which ones to pass on.

Betting on your favorite team is really fun and exciting, but you have to be more responsible and consider some factors to avoid losing money. Follow the NBA tips above, enjoy and gain more money.

_If you are new on basketball betting, this article is a best place you to read. Basketball betting is somehow similar to football betting but slightly popular. Though winning on a basketball betting game in a continuous manner is kinda difficult, placing a bet should not be.
Here are the few ways on how to place a bet on a basketball game.

1. Decide on how much money will you bet. Check your money in the bank. Of course, the amount is up to you. If you are just getting started in this basketball betting, better to start up with as little as possible. There are many online sportsbook that accept bet for as low as $1.

2. Look for an outlet where you will be placing your bets. If you live in Las Vegas, surely you can find many legalized sportsbook, but if there is no available you can check and contact a bookie, an individual who takes wagers just as a sportsbook would or you could bet online.There are many websites you can participate for your basketball betting, so nothing to worry!

3. After searching for your outlet which I guess an online account is the easiest one to manage, it is time for you to place your bets. The most common method for basketball betting is the point spread. With the point spread, the team expected to win will be called the favorite, while the team expected to lose will be called the underdog. The team expected to win gives, or lays, points to the team expected to lose for betting purposes. For example, a weak team (let's say the New York Knicks) is playing a strong team (San Antonio Spurs), the Spurs would be favored to win. Let's say they are favored by 8 points. You have two options here: (1) Bet the Spurs and hope they win by more than 8 or (2) bet the Knicks and hope they don't lose by more than 8. If the Spurs win by exactly 8, it's a "push" and you get your money back.

4. Definitely, online sportsbook earn money because of you. This is what they call the “house advantage” If you bet $10 dollars, your $10 bet would not win you $10, instead, you'd only receive a $9.09 profit, because of the 10% rake the sportsbook takes. And you should be aware of this. Keep in mind that it is not easy to win. No sportsbook (in Vegas, online or anywhere else) will pay you even money for a wager.

5. Be smart to win. If the point spread method is not for you. Try other basketball betting method such as money line, parlays or the over/under, in which you bet whether the total points in the game will exceed a certain number or not. Betting 10 games every other day is not the way to win in the long run. It's much wiser to choose two to four games you are confident in and bet those.

_Basketball is much like betting on football games; both sports game use point spread and you can place your bets on the money line. But unlike on football, basketball betting is much cooler and more profitable as compared.

Today, placing a bet on your favorite team becomes easier. You don’t even need to go out to make a bet for you can bet conveniently thru online casinos. There are many available options on the internet you can always choose from. With basketball betting, it is also a lot easier to predict the games’ result. Yes! In this sport bet, you will have a pretty 50% chance of winning the bet. Sounds good, isn’t it? Moreover, if you are knowledgeable about the different types of basketball betting you will have the chance to increase the possibility of winning your bet. You can find a lot of live bet options for basketball betting. Below are some of them.

The Point Spread- In a basketball betting, there are two categories that you may consider: favorite and underdog. If you choose to bet for underdog, then you get points from the other team to add onto your score while placing bets for favorite means giving points to other team, this means, of course, you deduct those points from your score at games end to determine the winner. The most common odds on this bet is 11 to 10. This means that if you want to win $100, you are risking $110. Point Spread is the most common method for basketball betting.

The Money Line- In this type of bet your selected team must win so you can win your bet. Again, there are two categories of placing your bet here: favorite and underdog. If you pick for favorite, expect to pay more to win less. But if you take the underdog, you can expect to lay a small to profit more.

Totals- This is the second most popular method of wagering on basketball. The wining team doesn’t have to do in this kind of bet. What matters in this type of bet is on how many points are scored in the game by both the teams. You may select over or under the posted total. The odd on this bet is 11 to 10.
Parlays and Teasers- This type of bet is hard to conquer but the payoff are much bigger for a small wager. In parlay wager, you had to bet on a collection of two or more teams and all of them must win or at least tie in order for you to win a bet. One loss and your ticket is in trash. Parlays and Teasers are sometimes called as exotic bets.

_When you do a basketball betting it is important for you to have your own basketball betting guide. Basketball betting guide is important for bettors to be able to win in the game. This is the simplest means he/ she can extend his/ her earnings from betting. Developing an own betting guide can help a bettor narrow his/ her losses, and at the same time increase her/ his earnings. This is often precisely how skilled bettors operate. They do not place bets on whims and fancies as is the overall belief, but once considerable onerous work. In distinction, amateur bettors go together with the public mood.

To help you with, here are some of important details that should be included in your basketball betting guide.

The first step is to make your own rating. How will you do this? Ok... You have to pick up your team. In picking up, you can go through the newspaper reports carefully or listen to the team analysis done by professionals on TV or radio. Make a checklist, you can use an excel sheet if you like, make a list on every team performances such as the sturdy and weak points of the players in every team, who are injury prone and probably to miss big games. Figure out the impact of their absence on team performance. Also, find out the performance of the team as a group at home and away. A practical guide must cover at least 2 to 3 seasons.

Second, a good bettor must also consider the team’s motivation. It is necessary that you have checked this too. A team that has already qualified will save its best for the final. On the other hand, a team that is facing the elimination will definitely go to an extra mile to win, whether or not the opposition is filled with stars. Team performances also are affected by back to back matches. A team may be too drained to place up its best when made to play a game the following day, and finish up loosing to a weaker team. Your guide will alert you to these possibilities.

For a successful basketball betting, you also have to follow the match closely. Have a column on your checklist and note well why your team won or lost. Remember that the final scores don’t tell the right tale of a match. . A team that may have lost could have actually played better basketball. Such match descriptions can help you kind a better opinion of groups, and their players.

Fourth, hear the public’ opinion. Robust public opinion in favor of a team ends up in heavy depending on them. Each one desires to wager on a team that is winning. This makes the bookies cut back the odds. Even if you win, your earnings are meaningless. Therefore, keep removed from such teams or bet low on them. Place you cash on groups that are dark horses or robust fighters.

Lastly, do a lot of straight bets. It is better that you win four straight bets then lose 2 over week rather than to travel for 2 parlays and lose both.

Do you know who will win the game? The exact answer to that question is what all sports bettors look for when it comes to betting on sports. This question exist simply because of the fact that most sportsbooks conveniently place numbers on a game in order to balance betting on both sides, thus making your job of selecting the winning team harder. That is exactly what handicapping is about.

Handicapping is the practice of assigning an advantage through scoring compensation or an edge given to different contestants to make the chances of winning fair to both competing parties. The term can also be applied to the different approaches by which the advantage is analyzed and calculated, as well as to the methods by which the bettors can predict the outcome of the sporting event they are betting on.

It is not a walk in the park to win at sports betting with handicapping skills. It doesn’t necessarily mean that just because you’re a handicapper, the betting result would be in your favor. The fact is, handicappers don’t really earn or make a profit from their sports betting handicapping hobby. If you want to earn, here are the secrets revealed!

Keep away from bad numbers

Never bet on bad numbers if you want to succeed in your handicapping job. Look for handicapping lines in the sportsbooks you have signed up in, carefully observing and analyzing the lines and determining which way the line will move. You should shop for the best numbers first before putting down your money.

Less parlays and more straight bets

A lot of handicapping pros make the most of their sports bets as straight bets and not as parlays. Straight bets are considered the bread and butter in sports betting. That is why pros are commonly happy with the returns on their investments from 3-2 days or 12-8 weeks. They have recognized the fact that despite parlays providing quick scores, a season is largely consisting of steady 2-1 type days, and are more profitable than the big hits that parlays have.

Never chase your losses

This is a common problem with handicappers and gamblers alike. Pressing losses and raising the stakes in order to get back what they have lost is a great mistake. Always remember that there are times that you will lose, and raising the stakes won’t do you any good. Walk away when you have reached your limit, either by winning or losing and take a break, there will be another day. While in the mean time, you can use the free time you have to train more and study to improve your skills.