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Basketball Wagering

Basketball betting is similar to football betting. Most bets are made against the point spread or the total. The odds are 11 to 10 on straight bets.

EXAMPLE:

TIME

BET#

TEAM

LINE

TOTAL

MONEY

7 p.m.

201

Washington

 

218

+130

 

202

New York

-4 1/2

 

-150


In the example, New York is favored by 4 ½ points. New York must win the game by 5 points or more for a player to win his bet. If the player bets Washington (+4 ½), they must win the game outright or lose by four points or less for the player to win. There is no possibility of a tie in the example because a ½-point line is used.

The number 218 in this example is the total (over/under). The player can wager that the final score will be more or less than this number. All points scored in overtime count in the final score. When wagering on totals, the odds are 11 to 10 unless stated otherwise. For example, the player would lay $55 to win $50 or $110 to win $100, etc.

BASKETBALL PARLAYS – Basketball parlay rules are the same as football. A player can combine up to eight teams into a single parlay wager. All teams must win, i.e., cover the point spread.

BASKETBALL TEASERS – In basketball, we offer 4-, 5-, and 6-point teasers. The bettor may “tease” the point spread up or down from that specified number of points. Like a parlay, a teaser is a loss if any selected side loses. Teasers also pay less than a parlay since the spreads are adjusted to the player’s advantage.