If you do, you’ve definitely come to the right place. When you peruse our article, you’ll discover why betting on the NBA moneyline is fun…and potentially lucrative!
Because this type of wagering doesn’t involve the point spread, it’s an alternative method of betting on a particular team, without worrying about the point spread. When you choose the moneyline, you’ll consider odds, rather than point spreads. For many sports betters, this type of setup is more appealing.
How Does the Moneyline Work?
The NBA basketball moneyline is a smart wager in multiple ways. If you think that a certain contender is going to win a game, but aren’t convinced that the team will be able to cover the spread, you can take the "moneyline favorite" instead. If you prefer to wager on an underperforming team, and don't feel that your selected team will need a point spread in order to get a victory, then you can enjoy a premium return on your wagering investment by betting less cash to win more money. Because point spread betting requires the payment of a vigorish to a bookie or sports book service, the moneyline is a more economical choice.
Are you still trying to wrap your head around the concept for moneyline wagering for NBA basketball? To help you understand the idea, let’s create a hypothetical example…
Here are moneyline odds that we’ve made up for educational purposes.
Boston Celtics +200
New York Knicks -260
The squad which has a plus sign ahead of its odds is the weaker team. The squad with the minus sign in front of their odds are favored to win. While it may seem confusing at first, because the weaker team has “positive” odds, it actually makes lots of sense. If Boston has a (+), the number that follows (200), is the number you would win if you wagered $100.
Conversely, a squad that is assigned a minus rating shows the amount of cash ($260) that you would need to risk, in order to win one hundred dollars.
If you bet one hundred bucks on the Celtics at +200 and the team is victorious, you would get $200, plus your original lay-down of $100 (which will be returned to you) for a total amount of $310.
If you wager on the Knicks at -260 and the team is the victor, you would risk $270 to get $100, which would mean you'd get one hundred bucks, plus your original $260 stake, which will be given back to you.
Choose your Sports book Service with the Utmost Care
You will not need to give the house a commission if your bet is successful. Avoid bookies that charge you for winning bets. You can do better. Shop around to find an ethical service which provides the most appealing features and fee structures. Never settle for less.
Now that you know more about the moneyline for NBA basketball, you’ll be ready to decide if this form of betting is really right for you.