Basketball in Sports Betting

Sports Betting Cover

Basketball is one of the most popular sports in the world one with a passionate following in the Philippines. The popularity of sports can be seen in almost all parts of the country, in schools where tournaments are hosted or in the countryside where you can find a basketball court in every town. Also, the country is home to the first professional league in Asia, the Philippine Basketball Association (PBA). Furthermore, the global brands and tournaments are well-received in the country like the National Basketball Association (NBA) and the European leagues. So it is no longer surprising to know that basketball betting is also popular among sports fans and bettors.

What is Online Sports Betting

What is sports betting game? In simple terms, it is the act of placing bets on sports events such as basketball, boxing, billiards, horse racing, and many other sports. It can sometimes be related to who wins or losses, how many rebounds a particular player will get, what round the opponent will be knocked out, the ending digits of the score in a basketball game and many more particular things that you can bet on

Sports Betting PBA

Moneyline

Moneyline bets are among the most straightforward predictions you can make. Customers are supposed to determine who the winner will be in one match. For example, in a match between Barangay Ginebra and San Miguel Beerman, you need to determine who the winner will be. You will probably see something like this:

Team Odds to Win
Brgy. Ginebra 2.30
San Miguel Beermen 1.65

Totals (Over/Under)

A totals bet is another one we recommend new bettors to start with because it is not complicated. Gamblers need to predict whether to combined points of both teams will be over or under a given line.

For example, in a match between Converge FiberXers and Meralco Bolts, the given line might be 176.5. If you bet over, and the total points of both teams combined are over the line, you win your bet. For example, this is how it might look at some bookies.

Markets Odds
Over 176.5 1.90
Under 176.5 1.90

Parlays

Parlays, or combo bets, are multiple single bets that you can put on the same slip. In other words, you have to predict multiple markets correctly to win. For example, you have put TNT Tropang Giga to beat Blackwater Elite, and Barangay Ginebra San Miguel to beat Meralco Bolts. If both teams you placed on your slip win, your bet is valid.
 
You can combine various bets and sports. You can bet on a certain fighter to win a boxing match, and a basketball team to win. Bettors are also free to place as many markets as they want. The advantage of parlays is high-risk, high reward. While increasing your potential winnings, you also decrease your winning because you have to predict multiple matches correctly.

Points Spread Bets

Point spread bets assign a particular handicap to a team in order to balance the odds. For example, The Meralco Bolts are considered stronger than Magnolia Hotshots. The bookies will assign a (-5.5) handicap to Meralco Bolts. If the Bolts win, but with a difference lesser than the given handicap, the win goes to Magnolia Hotshots.

Depending on how stronger one team is estimated to be than the other, the line might increase or decrease. This market might look like the following:

Team Odds To Win With
Point Spreads
Meralco Bolts (-5.5) 1.90
Magnolia Hotshots (+5.5) 1.90

Understanding Probability and Value

Probability in betting is simple to understand. It is basically your chance of winning your bet. Calculating probability in a coin toss is easy. You have a 50% chance of tossing tails, and the same for tossing heads. Calculating probability in sports betting is practically impossible.

With so many factors involved, you can do all the analysis you want. You will never have a precise reading. The bookies calculate approximately the probability of something happening, and they base their odds on that. Similarly, you can calculate the probability based on sports betting odds. For example, if the odds for Meralco Bolts to beat Blackwater Elite are 1.60, you simply divide 1 with the odds. Thus, you get a 62.5% chance of Meralco Bolts winning.

How to Start Online Sports Betting 

In case you are brand new in the gambling industry, we offer our guide on how to start to bet online. The starting process is rather simple. Here is how to do it.

  • Find a suitable sports betting sites. 
  • Open an account.
  • Make a Deposit.
  • Check available bonuses.
  • Start Betting.

Find the Best Betting Sites

Fiding the right bookies that suit your needs is a great way to improve your betting experience. You may check the list below: