Basketball wagers center around National Basketball Association (NBA) games. The NBA is widely considered as the best basketball league in the world. It currently has 30 teams - 29 in the United States and 1 in Canada.
The NBA was founded as the Basketball Association of America (BAA) in New York City on June 6, 1946. The league adopted the name National Basketball Association on August 3, 1949, after merging with its rival National Basketball League (NBL).
NBA teams are divided into two conferences - Eastern and Western. Each conference is subdivided in to three divisions – Atlantic, Central and Southeast under the Eastern Conference; Northwest, Pacific and Southwest under the Western Conference.
The NBA season begin in late September with each team opening their training camps. After training camp, a series of preseason exhibition games are held. Preseason matches are also held in non-NBA cities, both in the United States and other parts of the globe. The NBA regular season tips off in the last week of October.
Each NBA team plays a total of 82 games (41 each home and away) during the regular season. The NBA is the only league that regularly schedules games on Christmas Day. This tradition was started in 1947 but was only televised in 1983. Christmas Day NBA games usually feature marquee matchups.
The league pauses for its annual All-Star festivities in February.
NBA Playoffs begin in late April, with eight teams in each conference competing for the playoffs. The three division winners, along with the team with the next best record from the conference are given the top four seeds. The next four teams in terms of record are given the lower four seeds.
The playoffs follow a tournament format. Each team plays an opponent in a best-of-seven series, with the first team to win four games advancing into the next round, while the other team is eliminated from the playoffs.
The conference champions then face each other for the NBA Finals, usually held in June. The winner is crowned as the World Champion and awarded the Larry O'Brien Trophy.
|Miami Heat at||0.0 (-115)||O: 0.0 (-115)||-115|
|Los Angeles Lakers||0.0 (-115)||U: 0.0 (-115)||-115|
The team wagered on must win by the point spread given at the time of the wager. The odds are $1.10 to win $1.00 (-110) unless otherwise indicated. Due to changing events, the point spread may fluctuate at any time. Place a point spread basketball wager now.
The team wagered on just has to win the game. The amount that bettors lay or take for each game may vary. The money line that is listed when the wager is placed is the money line kept, regardless of any line movement.
For example, a bettor could choose one of two wagers on the following match-up: L.A. Lakers -200 at Portland Trailblazers +180. If the Lakers win, the bettor who laid $200.00 wins $100.00. If Portland wins, the bettor who bet $100.00 wins $180.00. Place a money line basketball wager now.
In totals wagers, bettors must wager on whether the actual combined scores of the two teams will either be over or under a certain pre-determined number, called the total for the game. All totals lay $1.10 to win $1.00, unless it is otherwise indicated.
For example, in a Warriors - Cavaliers game, the over / under given is 187. The combined final score of both teams must exceed 187 for bettors who wager on "Over" to win. For those who wager on "Under" to win, the combined final score of both teams must be less than 187. If the combined score equals 187 the game is considered "No Action" and the original wager is returned. Though bookmakers usually add a half point in the totals to avoid ties. Place a totals (over / under) basketball wager now.
All wagers must go the full quarter or half for action. All quarter / half-time wagers are calculated the same as a straight wager unless otherwise indicated. There are no teaser plays or buying of points on quarter / half-time llines. In case of an overtime, it will be included as part of the second half. Place a quarter / half-time basketball wager now.
A parlay is a bet on 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, the parlay reverts down to the next lowest number for payoff. For example if a player selects 4 teams, and one ties, the parlay becomes a three team parlay. For a 2 team parlay - a tie and win becomes a straight bet (-110) payout. Place a parlay basketball wager now.
A teaser is a selection of two or more teams in one wager in which the point spread is adjusted in the bettor's favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. For example a tie on a three team teaser becomes a two team teaser. Place a teaser basketball wager now.
Future wagers are based on the outcome of events that happen each year. All wagers are final. There will be no payouts until the conclusion of the specified season.
Proposition plays are wagers based on the outcome of events. Odds change daily and all wagers are considered action for the odds quoted at the time of the wager.
In the event that the selection (person, team, or other) the wagerer bets upon does not participate in the game/event due to injury, etc., no refunds are usually made. Place a future and proposition basketball wager now.