How to Bet on Basketball

The NBA has 82 scheduled games for the 2022-23 season, offering plenty of chances to make bets and earn money.

Depending on where you live, you can make legal bets on games to make the season more enjoyable and thrilling.

If you don’t know how to bet on basketball, there are a few things you’ll want to remember to avoid big losses.

Continue reading to discover some of the best tips on how to bet on basketball games successfully!

Don’t Drop the Ball

One of the best tips to bet on basketball is to place your wagers early.

At the start of each day, you should check the betting market as it opens. The east coast typically starts around 8 AM and reflects the latest injuries and points on the market. Betters can quickly resolve issues if they closely monitor the market and make trades before player values decline.

Sometimes, you may benefit by checking the market in the afternoon and evenings. The west coast is a few hours behind and some of the latest announcements are still being made.

Set a Budget

Learning to bet comes with significant risks as you start discovering the lingo and trends.

As a beginner, you should give yourself a budget to prevent yourself from going into debt. Never bet more money than you can afford to lose. Although larger investments and risks come with bigger rewards, you should gain some experience.

If you start gaining confidence, you can adjust your budget and attempt to earn more.

Research What You’re Betting On

Whether you’re placing wagers on specific players, teams, or points, you must research your odds of winning.

You can use free sports picks to decide between players and their value to your betting board. Betting on NBA games requires more research than betting on football. This is because there are fewer players on the court, meaning one injury could cause a significant change.

Carefully consider your odds of winning by tracking game and player stats. If you simply follow the trends without research, you could lose your entire investment.

Place Your Bets

You’ve likely seen ads for DraftKings, FanDuel Sports, and BetMGM.

These sites and applications are some of the best platforms to place secure basketball bets. You can link your card to your account and make live changes without hesitation. You’ll need your bet amount and wager number when buying bets from a ticket writer.

Start slow and gradually build your bets since NBA betting is more difficult compared to other types of sports betting. Avoid betting on your favorite players and teams, as these emotional selections could harm your spread.

Will You Bet on Basketball This Year?

If you’re a beginner, these tips can help you bet on basketball without major losses.

Following injury and game reports is critical if you want to build a successful spread. There are plenty of online resources that can help you track the latest news and prevent losses with bets. As long as you do your research and check the market frequently, you can earn money with little investment.

Make sure you check out our page for more content about sports betting and the NBA season!