The NBA is one of the most popular sporting leagues on the planet and in turn has become a hot commodity in all major sports betting markets, which has since attracted the interest of a variety of basketball fanatics to place their bets on the latest developments/games throughout the NBA landscape.
The NBA as a whole generates over $8 billion globally and is the premier sporting league surrounding the sport of basketball since its merger with the ABA during the 1970s, gaining international recognition all over the world.
Throughout the league’s existence, it has since developed a vast number of the world’s most recognizable athletes including Michael Jordan, Magic Johnson and Kobe Bryant to name a few, that has since helped the NBA remain of great relevance throughout the sporting world and for all forms of media broadcasts.
With the NBA’s popularity now being of upmost purpose throughout the sports industry, it has since become a mainstay in all major forms of sports betting markets and gambling methods, with book makers constantly sighting the NBA as a highly profitable league to gain a vast interest from all relevant sports demographics.
Punters take a keen interest towards NBA games, likely due to the sudden upsurge of interest towards analytics and the statistical information that is often translated into the betting landscape.
Another likely reason is due to the numerous new expansion teams that the league has introduced that has broadened the interest of basketball towards a wider number of individuals from different parts of the country.
Now there are a variety of sites to place your betting predictions for any upcoming NBA games, but fans should also remain aware of the differentiating betting methods that most bookmakers may well us and the rewards that such an act can provide for any keen betting fans.
• The different types of NBA betting:
Given how popular the NBA is as a league, there are now numerous betting methods available to punters that range from the following, with each one having their own pros and cons:
• Moneyline: – The most popular gambling method in the US given it states the favourites with a positive sign and underdogs with a negative sign.
– This is perhaps the simplest gambling method as it does not rely on the specifics of a game (such as score line or individual performances).
– A major flaw can include fans having to bet a substantial larger amount if wagering in favour of the perennial favourites than the original spread of the bet.
• Spread: – A betting method that sees a much greater statistical understanding from the punter compared to Moneyline.
– This method does not require punters to have to place as much money to wager and is a less risky method for any punters who are sighting a victory for the favourites.
– However, there are significantly more variables involved in this method meaning the punter has to remain on top of all ongoings throughout the matchup that they are wagering on.
Other notable NBA betting methods also include Totals, Betting Lines, Parlay/Teaser and Futures which remain viable options for a number of NBA bets, which can range from predictions of games to individual awards such as MVP and Rookie of the Year.
• Floyd Mayweather’s major pay out following Game one of the 2016 NBA Finals:
One of the greatest NBA pay outs in recent memory would likely be former boxing phenomenon Floyd ‘Money’ Mayweather’s $64,000 winnings from Game one of the 2016 NBA Finals between the Cleveland Cavaliers and the Golden State Warriors.
Mayweather placed $70,000 on the Warriors to lead at the half time interval over the LeBron James led Cleveland Cavaliers with a collection of $134,000.
While the LeBron and the Cavs would end up defeating the Warriors following a tremendous seven games series, this was a big pay out for even someone of Mayweather’s stature and has since remained as one of the largest NBA betting pay outs in recent memory.
• Favourites for the 2021/22 NBA season:
As the NBA’s regular season rolls towards the inevitable All-Star interval and the ensuing post-season, fans are already being treated to a greater insight on which names and teams could be a palpable favourite in the latest NBA season odds.
The likes of Stephen Curry, Giannis Antetokounmpo and Kevin Durant seem to be the early candidates to take home this year’s MVP award, while Scottie Barnes, Evan Mobley, Cade Cunningham and Franz Wagner are all in the early running’s for Rookie of the Year.
Fans can also expect to see the likes of the Golden State Warriors, Phoenix Suns, Brooklyn Nets and Utah Jazz as the early contenders to take home the coveted Larry O’Brien championship.
Betting on various sporting leagues has changed profusely over the past few decades but with more fans now heightening their interests in placing bets for basketball’s most prestigious league, there are plenty of betting methods available for all sporting fans ahead of the looming post-season.
