Detailed Basketball Betting Guide with Expert Tips

Last Updated March. 18. 2025 10:23 AM PDT

This basketball betting guide covers everything you need to know about wagering on the sport online. We’ll walk you through reading the odds, exploring the markets, finding the best site for beginners, and how to set a sportsbook account. In the end, we finish off with four expert tips to give you a leg up the first time you bet on basketball.

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Bovada Best Basketball Betting Site for Beginners

Bovada’s the best spot for basketball betting if you want a sportsbook that’s easy to pick up but still has everything you need. Signing up is very quick, and right off the bat, you can grab a match-up bonus with just a 5x wagering requirement.

The platform keeps things straightforward on both desktop and mobile—you can access all basketball markets through the main horizontal menu, from pre-game to live action to futures. They’ve got the NBA, WNBA, college ball, plus leagues from Europe and beyond. The betting board runs deep, but if there’s a line you don’t see, tag #WhatsYaWager on X and they’ll most likely price it up for you.

Types of Basketball Bets You Can Place

The best basketball betting sites in the US offer everything from standard bets like moneylines and spreads, to wagers on specific moments in a game or the outcome of an entire competition. The first step to putting together a good ticket is knowing what every market means, so you can use everything that’s there to your advantage.

Here’s a quick guide to basketball betting wagers:

Moneyline (Straight Win/Loss Bets)

This is the most basic basketball bet—you’re picking who you think wins the game. The odds next to each team give a good read on where the sportsbook sees it going. 

A minus (-) number indicates the favorite and tells you how much you need to bet to win $100. A plus (+) sign, on the other hand, shows the payout on a $100 wager.

Point Spread

A spread bet is different from the moneyline because you’re working with a point margin that gets added to the final score. If the Warriors are -4.5 against the Bucks, they have to win by at least 5 for the bet to hit. Taking Milwaukee at +4.5 means you win if they either pull off the upset or keep the loss within 4 points.

Over/Under (Total Points)  

This market focuses on the total points scored rather than the winner. The sportsbook sets a number — say, 215.5 — and you bet on whether the combined score of both teams will be higher or lower. Basketball betting sites usually offer multiple lines, along with team-specific options that track only the buckets they put up.

Quarter and Half Bets

Quarter and half markets let you bet on specific segments of the game. Moneylines, spreads, and over/under totals are the most common options. Another way to play is race-to bets, where you predict which team hits a set point total first, like 20 in a half.

You can also find first-to-score markets. Some sportsbooks even let you wager on how many quarters a team will take, either as an over/under or by comparing totals with their opponent.

Player Props

Instead of wagering on the final result, you can bet on individual player performances. The objective is to predict whether their final number will be over or under the listed line. Here are some examples::

  • Points Prop – Example: LeBron James Over /Under 27.5 points
  • Rebounds Prop – Example: Nikola Jokic Over/Under 10.5 rebounds
  • Assists Prop – Example: Luka Doncic Over/Under 7.5 assists
  • 3-Pointers Prop – Example: Stephen Curry to hit 5+ threes

Team Props 

This is similar to player props, but instead of an individual, you’re betting on team-based stats. Popular options include team total points, total three-pointers made, race-to bets, first to score, and largest lead.

Parlays

A parlay links multiple wagers into a single bet, but every leg must hit, or the entire ticket is a loss. Usually, the selections need to come from different matchups. Some offshore sportsbooks available to US players offer a same-game parlay (sometimes labeled as ‘prop builder’) feature that lets you stack picks from one contest.

In-Play Betting 

Most of the bets we’ve covered carry over to in-play once the ball goes up. The biggest change you’ll notice is that the odds keep shifting based on score changes, time remaining, and betting volume. Sportsbooks move lines to reflect momentum, and certain markets may get suspended after key moments until they adjust accordingly. 

Futures

Basketball futures shift the attention beyond the moment and place it into the bigger picture. You’re betting on things like who takes the championship, who claims MVP, or how many wins a team racks up over the season. Odds are available before the first game and adjust according to how it plays out based on performance.

If you’re about to talk basketball betting with fellow enthusiasts, here are four terms you’ll want to be familiar with:

  1. Against the Spread (ATS) – A team’s record when factoring in the point spread instead of just wins and losses.
  2. Hook Killer – When half a point (the hook) costs you a bet, like losing on a -3.5 spread because your team only won by three.
  3. Public Hammered Line – When a line moves because too many casual bettors jumped on one side, often making the opposite bet valuable.
  4. Sharp Play – When professional bettors (sharps) place heavy wagers on a specific side, causing the sportsbook to adjust the odds or spread to balance the action.

Understanding Basketball Betting Odds

One thing that plays a huge role in whether you take a bet is how much you stand to win. To figure it out, look at the odds the sportsbook set for that market.

Icon of basketball

American Odds

Most basketball betting sites in the US use the American format by default. For example, if the moneyline shows Lakers -150 and Celtics +130, that means a $150 bet on the Lakers would pay $100 in profit. But if you go with the Celtics and they win, a $100 bet would get you $130.

To calculate your payout for any amount, just scale it based on the odds—if it’s -150, divide your bet by 1.5 to see the profit, and if it’s +130, multiply by 1.3. So for $5, a -150 bet wins about $3.33, while a +130 bet pays $6.50.

Icon of basketball

Decimal Odds

Decimal odds represent the total payout per unit wagered, including the original stake.

Let’s say a player prop is priced at 3.2, and you’re about to put $10 on it. To figure out your potential winnings, multiply your bet ($10) by the decimal odds (3.2). The result is your total return.

Icon of basketball

Fractional Odds

Fractional odds are all about the profit. They’re written as X/Y — for example, 5/2 means you win $5 for every $2 bet).

If you’re betting a different amount, divide the fraction (5 ÷ 2 = 2.5), multiply by your stake, and add your original bet.

So, for a $10 wager at 5/2: ($10 × 2.5) + $10 = $35

How to Bet on Basketball Online

Betting on basketball online couldn’t be easier. First, pick a sportsbook. For some inspiration and expert-backed suggestions, go through our gambling site reviews. Once you’ve got one, all you have to do is sign up, add funds, and place your bet. Let’s walk through it using Bovada as an example:

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Create an Account

On the Bovada homepage, click ‘Join.’ You’ll then be asked to enter personal details like name, date of birth, mobile number, and email address. Where it applies, make sure everything matches what’s on your official documents so you don’t run into verification issues down the road if it ever comes up.

Once that’s done, take a second to look at the best sportsbook welcome bonuses available before depositing. Skim through the terms and make sure you know what’s needed to claim one. It could be a required payment method or a minimum deposit amount.

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Navigating the Sportsbook and Selecting a Bet

All basketball competitions and betting options are in one spot at Bovada. You’ll find them in the main horizontal menu, all the way to the right.

The in-play bets show up first, marked in yellow. To view the upcoming games, use the left-side menu. The biggest leagues like the NBA, NBL, and KBL have quick links at the top. There’s typically another one for betting on March Madness when that rolls around. Everything else is under ‘Basketball A-Z.’

 

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Understand Your Way Around the Bet Slip

Every time you click on a price, it drops straight into the betslip. You’ll see ‘Risk’ and ‘Win’ boxes where you can play around with stakes and payouts. If you change your mind about a pick, just hit the ‘X’ to take it off.

There are plenty of ways to bet on sports like basketball. Straight wagers are the simplest, but you can also go for parlays or multi-bets like a Round Robin. For the latter two, you’ll need to add more than one pick to the slip first, then enter your stake in the respective box.

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Place the Bet

Once you’re good with your picks, hit ‘Place Bets’ and wait for it to go through. You’ll get a confirmation message, and your balance will update. If it doesn’t work, double-check for issues—odds might have shifted, or your stake could be over the limit.

You can check all your active wagers anytime under the ‘Open Bets’ tab in the betslip.

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Track Your Bet and Manage Outcomes

Keep an eye on things through the game tracker or live stream when it’s available. Some markets at Bovada are eligible for ‘cash out,’ meaning you can pull your bet early for whatever payout the book is offering at that moment.

Once it’s settled, you can either withdraw your balance—if any promo rollover is cleared—or just leave it in your account for when it’s time to place another wager.

Basketball Betting Tips for Beginners

Now that you’re ready to get started, here are four essential tips on how to bet on basketball:

Check the Against the Spread (ATS) Records

Before putting together your basketball betting ticket, always look at the numbers first. ATS stats show how often a team beats the spread. You can get quite a good sense of who regularly outperforms the oddsmakers’ predictions.

Watch for Fatigue

Basketball leagues pack a lot of games into the season. The NBA, for example, squeezes in 82, so it’s not unusual for teams to play on back-to-back nights or three times in four days to keep up with the schedule.

Avoid gambling on tired teams late in games—if they’re coming off a tough stretch, look at first-half spreads instead of full-game bets.

Avoid Player Props in Blowouts

Star players stay on the floor when games are close, but in a one-sided matchup, coaches usually pull them early to keep them fresh and avoid injuries. Steve Kerr is one of the biggest names known for doing this and has been vocal against the NBA’s Player Participation Policy that took effect in the 2023–24 season. 

If you’re betting on a player’s points, assists, or rebounds, check the spread. If the game looks like a blowout, they might not get enough minutes to hit their numbers.

Don’t Fall for “Too Easy” Spreads

If a strong team is only favored by a few points against a weaker team, it may look like free money—but it’s usually a trap. Oddsmakers don’t make mistakes like this, especially in major leagues like the NBA, EuroLeague, or the BSL. Before placing a bet, ask yourself why the line is so low. It could be injuries, fatigue, travel, or a tough schedule spot.

Start Betting on Basketball Online

Betting on basketball online comes down to knowing the markets and recognizing good opportunities. If you want to play it smart, look at matchups, fatigue, and line movement to find value. The best bets aren’t always on the obvious favorites or the highest-scoring matchups. 

Make sure that you set a budget before you put down your first dollar and stick to it. No need to force a bet just because a game’s on—look for spots where the line gives you an edge. 

If you’re new to this, Bovada is a great place to ease in. It’s got everything set up simply so you can get right into it from day one.

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Charlon
Muscat
Content Specialist
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All the way from the renowned iGaming hub of Malta, Charlon has been contributing to the gambling industry since 2019. He began his career at Paddy Power™, but the onset of the pandemic led him to swap his nine-to-five for a life of full-time travel. Throughout his journey, Charlon developed a successful freelance career, leveraging his prior industry knowledge and focusing on analyzing online casinos, sportsbooks, slots, payment methods, and current trends and strategies through the lens of an actual player.