The National Basketball Association (NBA) is a professional basketball league in North America. It is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the four major professional sports leagues in the United States and Canada. It is the premier men’s professional basketball league in the world. NBA online betting is one of the most popular forms of betting in the world.
The NBA is an active member of USA Basketball (USAB), which is recognized by the FIBA (International Basketball Federation) as the national governing body for basketball in the United States. The league’s several international as well as individual team offices are directed out of its head offices in Midtown Manhattan. The NBA is the third wealthiest professional sport league after the National Football League (NFL) and Major League Baseball (MLB) by revenue.
NBA Online Betting odds
Above this article you will find the latest NBA online betting odds/markets from Coinbet24.com, an online bitcoin betting sportsbook and casino operator. Furthermore, for each match, you will find a + sign to the right and if you click this sign, you can see all the markets for a specific event.
Three years after the Basketball Association of America (BAA) was formed, it was renamed to the NBA. During that time, the NBA was supposed to compliment Ice Hockey which was the most popular sport in the USA. The idea was that while the hockey tournament is on a break or after the season is over, the NBA should fill the void with basketball fixtures. However, just creating the league wasn’t enough for it to be considered a professional basketball league. For that reason, the BAA was merged with the NBL which was a professional basketball league in the US at that time. Together, both entities were renamed into the National Basketball Association or NBA and the rest is history. For more information about the NBA, check out the official website.
Right now, together with the NHL are the most popular indoor sports leagues in the world. It is very popular among gamblers and also all bookies offers NBA online betting odds.
Format of the NBA
During the regular season, from November till April, each team plays 82 games, 41 each home and away. The 30 teams are divided into conferences and also divisions. Eastern Conference with divisions Atlantic, Central, Southeast and Western Conference with Northwest, Pacific and Southwest divisions.
After the regular Season, the NBA Playoffs start, with the top eight teams in two conference. The first seed begins the playoff playing against the eighth seed, the second seed plays the seventh seed, etc. 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.
NBA Online Betting
There are several common ways to bet on NBA games:
- Moneyline Bets: Here, you pick a winner. The moneyline will be designated by a negative or positive number. The team with odds that have a negative number is the favorite; the positive number is the underdog. If a team is -120 on the moneyline, you would have to bet $120 to return $100 in winnings. For a +120 underdog, a bet of $100 would return $120 in winnings.
- Point Spread Bets: You bet on whether a team will cover a point spread set by the sportsbook. The favorite must win by more than the set number of points, and the underdog must win or lose by less than the spread.
- Over/Under Bets : You bet on the total number of points that will be scored in a game. It is either under or over a total set by the sportsbook.
NBA Online Betting on Moneyline
Moneyline wagers in basketball are bets on who you think is going to win the game. There are no point spreads to cover or any other stipulations; it all comes down to who wins the game. If you place a moneyline bet on the Orlando Magic and they win the game by 1 or 100 points, it doesn’t matter. You win your bet either way. If they lose the game by any amount of points, you lose your bet.
NBA online betting on Over/Under Totals
For an over/under bet, also known as a totals wager, sportsbooks will set the number of points that will be scored in a game. You can bet over or under that total. For example, for a game between the Lakers and Sixers, the total could be set at 240 points. If you bet the under, you are saying the combined points will be under that total. If exactly 240 points are scored, the bet is a “push,” and a sportsbook will refund your money.
Point Spread NBA online betting.
NBA Point Spread Betting
Sportsbooks will set a number of points that one team will win by; for instance, the Lakers could be favored over the Sixers by 3 points. If you bet on the Lakers (-3), they would have to win by 4 points or more. If you bet on the Sixers (+3), they have to either win the game outright or lose by 1-2 points. However, If the Lakers win by 3 points in this situation, bettors will get their wagers back. Spread bets are basically handicap bets but they are renamed for basketball because they are a bit different to handicap bets in other sports.
NBA Bitcoin Betting
Basketball betting is extremely popular all around the world. All bookmakers offer basketball options especially when it comes to the NBA. To learn more about how to bet on the NBA, head over to the Coinbet24.com bitcoin casino and sportsbook.
The Coinbet24 bitcoin sportsbook offers you a broad selection of betting opportunities, when it comes to betting. You will find all standard bet types such as moneyline, handicap, totals. We also offer you a wide selection of special offers. Also, when you navigate the site you will be able to find selected bet types and NBA online betting odds which for all the games in the league.