Wednesday, May 16, 2012

Bet on NBA playoffs - How to bet on Point Spread?

If you love betting and enjoy it, you may either be one of these: A professional bettor who make money from betting, or a casual bettor, a sports fan who want to spice up the experience of watching the sports game. Either way, here is great news for you. Its NBA playoffs time and I am pretty sure that if you do bet on NBA playoffs, you will not only have fun but have the chance of getting higher winnings as well.?

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If you decided to?bet on NBA?playoffs you will usually have options of either betting on a single game or of bets that combine the results of multiple games. Multiple game bets are quite risky as compared to the single game but they offer much more payout and winnings. Here?s a sample of betting method that you may opt to use.

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Betting on Point Spread

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In basketball, there is the ?favorite team? and ?underdog team?.

We call it ?favorite? if the team playing is expected to win the game, while ?underdog? if the team is likely to lose the game. The ?favorite? or the team that is expected to win gives, or lays, points to the team expected to lose for betting purposes.

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Point spread is the most typical type of bet most bettors used. The oddsmaker is the one who puts out a ?line? and handicap the game based on the public perception of which team is better and which team is worse. For instance, Miami is playing with New York, and Miami is the ?favorite? team. So, let?s say the point spread will make the Miami a 10-point favorite, then this means that the Miami needs to win by 11 or more points for you to win your bet, while if you bet on New York, you will only win your bets if New York won the game or lost by nine points or less. On the other hand, if Miami win by exactly 10 points, the bet is a push, or a tie, and no money changes hands.

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If you?bet on NBA?playoffs using the point spread bet, you will be asked to lay 11- to- 10 odds, which means that you need to risk $11 to win $10, and this is how the bookies and sportsbooks make their money thru betting. For example, I bet $11 on Miami and you bet $11 on New York, the bookie accumulate $22 between us, but if I won, I will only get $21 dollars in return. The remaining one dollar is basically the bookie's fee for accepting our wagers.

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Betting on the Point spread can really give you real money. So, what are you waiting for? Best of luck!

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