Basketball betting is one of the most popular types of gambling game today. It is because this game has a lot of fans all throughout the world. Besides that, betting in a Basketball match is very thrilling and undoubtedly fun. However, behind the popularity of this sports gambling game are the issues that it currently faces. Now, for you to become more familiarized with this sports betting game, here are the Basketball betting facts and different types of bets that you must remember.
Basketball Betting Facts and Different Types of Bets
The most popular Basketball league in Basketball betting
All fans of Basketball probably knows the National Basketball Association or NBA. This league is the biggest and most popular league in the game of Basketball. Additionally, this league has 30 teams. 29 from the United States and 1 from Canada.
Biggest Basketball betting scandal
In 2007, there was a scandal in Basketball betting which involves the National Basketball Association or NBA. There was accusations that the referee named Tim Donaghy used his knowledge to bet on professional Basketball matches.
Donaghy pleaded guilty to two federal charges on August 15, 2007. And after a year, he was sentenced 1 year and 3 months in prison and 3 years of supervised release.
Basketball betting has a lot of issues that it currently faces. And one of those is the legality of this gambling game in some countries particularly in the United States.
Before, in the areas wherein sports betting is illegal, the bettors are placing their bets on some illicit bookmakers. Besides the illegal bookies, the bettors before placed their bets on the internet. But now, Basketball sports betting became legal in the United States. It happened in May 2018 when the Supreme Court rules in the case. After the ruling, plenty of states in the US prepared to legalize sports betting.
Types of bets in Basketball betting
Just like the other types of sports betting games, Basketball betting also has different betting types. Here are those:
Moneyline is a type of bet in Basketball which lays out the amount of the player’s wager. In order to win a moneyline bet, the team that you wagered on must win the game. Just as simple as that.
In this type of bet, the teams are handicapped according to their form. For example, the stronger team must win by more points for a bettor who placed bets on that team to win. So be sure to pick the right predictions on Basketball handicap in order for you to win your bet.
Total or Over/Under
Total or O/U is a single bet on the combined goal, point or run total of a single game will over or under.
Those are the Basketball betting facts and different types of bets that you should know. After knowing the facts and the bets used in this type of sports betting game, you are now ready to wager on your favorite Basketball team. Good luck!