Looking to get into a little bit of sports betting? Based on the numbers, odds are pretty good that basketball is going to be the sport you bet on. Bookmakers have the numbers to back up the claim that basketball is second only to football in the United States when it comes to the amount of money wagered each year. In fact, the major amateur March Madness tournament each year is the second highest grossing sports event for bookmakers in all of sports (Super Bowl is the first).
There is a lot of money to be made wagering on basketball gambling, whether or college or pro, but in order to stand a chance of breaking even you have to know what you are doing first. This article is a guide for those just starting out in the basketball betting world.
Sports betting are current one of the simplest and not to mention most popular forms of gambling. Its appeal can be considered as universal as well as far reaching because it is the first form of betting or gambling that most people try before moving on to more complicated kinds. In fact, today, sports betting are actually a billion dollar industry and as such more developments such as online betting and sports betting system have been created in an effort to further enhance the thrill of the game at the same time making it hard for any gambler to cheat or trick the system in order to win ncaa basketball betting.
However, there are still those with advanced knowledge about how the game and system works and are still able to veer the game to a road that's more favorable for them. Sports' betting, however, isn't as new as some people might think. In fact, as long as there has been sports so has there been betting and along with sports developments the betting industry has grown significantly too. This brings in more people wanting to bet for the sake of fun as well as to make money. But not everyone leaves with their pockets heavier, in fact, without a proper sports betting system these people are likely to lose their first time bets.
Well, a ncaa basketball betting system has a standard set of rules that gamblers, who wish to improve their profits and make more money on sports betting, can follow. Once you have a good grasp of the basic rules and systems of the game you can easily make the transition from learning the basics to learning the tricks .
Having an in depth knowledge of the game is actually your asset and is one of the important factors if you want to learn how to beat the system whilst playing its own game. Besides having a good sports betting system, money management is also essential to the game. A slight mistake in the money management can lead to great risks and might even eventually lead to you losing the game.
Citing the AP, NBA.com is reporting that the Charlotte Bobcats are about to trade Emeka Okafor to the New Orleans Hornets for Tyson Chandler.
The Charlotte Bobcats are listed at +240 to win the Eastern Conference next season while the New Orleans Hornets are listed at +1800 to do the same in the West
However, the Hornets also take on the last five years of an escalating, six-year, $72 million contract.
"We have a long-term option for us now at the center position and one we feel we can grow with," Bower said. "We looked at that as an asset, the fact that Emeka is under contract. ... It shows we are interested in improving and we are interested in competing in the Western Conference and we are willing to pay the price."
The Bobcats, meanwhile, unloaded that longer long-term commitment. Chandler would make $12.7 million in a player option in 2010-11, the final season of his deal.
The Dallas Mavericks have struck a deal with unrestricted free agent Drew Gooden to make use of some of the money they got back when Orlando matched their offer sheet earlier this month to restricted free agent Marcin Gortat.
Gooden announced via his Twitter feed shortly past midnight Saturday that he is signing with the Mavericks. "Dallas here I come," he wrote. In response, Mavericks owner Mark Cuban tweeted: "Welcome Drew."
Sources with knowledge of the deal told ESPN.com that Gooden is receiving a one-year contract worth a guaranteed $4.5 million with incentives that will likely take it beyond $5 million by season's end. A formal announcement of the signing is expected Monday or Tuesday.
Gooden had previously announced via Twitter on Friday that he would be "making my decision tomorrow on which team I will be playing for." Sources said that Gooden had narrowed his final choices to Dallas, Cleveland and Charlotte.
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While he impressed in the summer league, Los Angeles Clippers will have to rest star rookie and first-overall pick Blake Griffin will be out of action for three to four weeks.
Griffin strained his right shoulder according to ESPN.
The Clippers are listed at +4800 to win the Western Conference next season.
A former UCLA basketball player is suing the NCAA over its use of former student athletes' images in DVDs, video games, photographs, apparel and other material.
In a federal lawsuit filed Tuesday, Ed O'Bannon says the NCAA illegally has athletes sign away their rights to the commercial use of their images and does not share any of the proceeds from their use with former athletes.
"While the NCAA, its member conferences and schools, and its for-profit business partners reap millions of dollars from revenue streams ..., former student athletes whose likenesses are utilized to generate those profit centers receive no compensation whatsoever," the suit claims.
The lawsuit seeks unspecified damages and calls on the NCAA to pay the former athletes what it has allegedly made from the use of their images. That amount has yet to be determined, said Megan Jones, a partner with the law firm of Hausfeld LLP, which is representing O'Bannon.
It also seeks an injunction on behalf of current student athletes barring the NCAA from licensing the rights to their images.
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By virtue of a 2-1 home win over the Baltimore Orioles, where they covered at -215, the New York Yankees are now tied with the Boston Red Sox for the lead in the AL East.
The Yankees are favored at -180 in their tilt with Baltimore tonight and the BoSox are listed at -167 against the Texas Rangers.
The Bronx Bombers are listed at +375 to win the World Series while the BoSox are listed at +350.
Are you a fan of hoops? Every year, there are three big events that attract huge numbers of gamblers to sports book all over the world. The biggest, and this should come as no surprise, is the Super Bowl. The next most popular event in terms of bets wagered, though, is not on professional sports at all; it is on the March Madness tournament put on every year by the college basketball association.
March Madness, from beginning to end, is by far the most popular amateur sporting event to receive bets on the continent. In fact, many Las Vegas bookmakers hire extra staff and prepare months ahead of time just to handle all of the extra traffic that goes through their shops during the weeks of the tournament!
March Madness is of course just one example of the amount of bets placed on basketball games each year in America. From the amateur level on up, basketball is as popular to wager on as any other sport in the world, and more popular than some. We're going to discuss some basketball betting basics in this article, tips that will help you out no matter what level you are betting on.
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It’s all about March Madness. The rush of excitement. The thrill of victory. The crushing agony of defeat. However, first teams must play out a full season before being selected. In the grand scheme of things, only a handful of the college teams are selected to the big dance. Most get there by winning their conference or the championship tournament for their conference. I bring this up, because it’s important to know. A successful sports bettor needs to know what teams are motivated and what teams are just going through the motions.
It would be a grave mistake to assume that a team with an average record is playing for nothing. Many teams play hard throughout the season, because they have a shot at the NCAA tournament even if they are low in the conference. Another fallacy that kills sports bettors is betting NCAA basketball like it’s the NBA. You have to remember that NCAA basketball is comprised of young adults, typically 18-21. Most don’t possess the ability to perform at a high level, to think under pressure and to rise to the occasion against all odds.
While colleges fill their basketball teams with the best talent they have available, that does not mean the team will have even one really good player. Some programs out there are just plain bad. Only a small sample of players at the college level will be drafted by the NBA. Most are just street balers going through their college years. College basketball players are more susceptible to emotional swings than NBA players. For this reason, you must pay attention to any recent news and events swirling around the team.
For those that don’t already know, college basketball works on the spread system. For example, let’s say you have UCLA playing at Duke and Duke is -8. You have two options. You can take Duke and lay the 8 points, which means Duke must win by more than 8 for you to win—8 is a tie and only wins on some parlay cards. Your other option is to take UCLA and the 8 points. As long as UCLA win or does not lose by more than 7, you win. If they lose by 8, you tie.
Basketball betting is easy. If you're a basketball fan, and were asked which of two teams in pretty much any NBA basketball game was going to win, you'd be able to come up with a pretty good answer, and back it up with some reasons about that teams previous form that season, their star players, any injuries, refereeing bias, whether or not it's a home game or an away game.. and probably a whole host of other factors.
You would probably be right on most counts, and you'd probably win some of your basketball bets. But, do you think you'd win 97% of the time, over hundreds of bets? In order to be able to achieve that high a success rate, there's a little extra secret sauce that needs to be taken into consideration when placing your bets on SPORTSBETTING.COM.
When getting started with basketball betting, and deciding which team to place a bet on, here's a couple of the most vital statistics which you need to take into account:
Wins for each team. How many wins have they each recorded in the current season so far, and the last season. This gives a very strong indicator of how well the team is performing as a whole, and how well they're doing compared to teams of a similar ability in the same league.
It's also worth looking at the win-rates of their opponents, especially the ones which they beat. If the team is trashing opponents who have a terrible win rate, it's not such a big deal, but if they defeated the undefeated, it says a lot about their current skills.
ncaa basketball betting also requires that you take note of the performance of each basketball player on the team, and be aware of any unusual activity - are they injured? Have they been playing exceptionally well? Are they considerably better than their opposite number? Basically, here you're looking to see if the teams are well matched, or if every player on your team is outgunned by a better player on the other.
If you are reading this article, you are probably aware at this point in your wagering career that successful sports betting is less about the sport and more about the numbers involved. As we take a look at some tips for those who consider themselves advanced basketball bettors, keep that general rule in mind.
Forget the Big Guys
The most important rule for advanced basketball betting is to leave the majors behind. We are not just talking about the National Basketball Association here, either. You also want to scratch college teams in the top rankings off your list as well.
The reason for this is fairly simple. The NBA has a handful of teams with great programs and a lot of money, who tend to win game in and game out. The books make betting on these teams poor value. It's fun if you are just getting into basketball betting, but if you are serious it's time to leave the bigs behind.
You need to leave the best teams out of your handicapping when betting college basketball, too. Again, the schools with the best programs tend to be consistent year in and year out, reflected in their records and in the lines. The big money for advanced basketball betting is in the mid and low major conferences, where knowledge beats heart every time.
After losing to the Hornets in the first round of the 2008 playoffs, Avery Johnson was fired, and Rick Carlisle was hired as the new head coach for the Dallas Mavericks. After getting off to a rocky start at 2-7, the Mavericks eventually found themselves with the sixth spot in the western conference playoff bracket for 2009. This was after going 50-32 (ninth consecutive 50+-win season) and about three to four weeks earlier, weren't even sure if they were going to make the eighth and final spot. But a run of 5-1 in their last six regular season games got them to a game over the Hornets for sixth place. Dirk Nowitzki also entered the postseason with a streak of twenty-five consecutive games of scoring 20 or more points, which was ended in the first game of the quarterfinals series verses the arch-rival, San Antonio Spurs.
The Mavericks surprised many people by winning Game 1, 105-97 in San Antonio. The Spurs would come back to win Game 2 though, by twenty-one points, as the series shifted to Dallas, as the two teams had both won a game. Dallas, who had only lost one game at home after the All-Star Break, won both Games 3 and 4 at home, by twenty-one and nine points, 88-67, and 99-90. San Antonio was just trying to win Game 5 to extend the series, but they couldn't do it as the Mavericks eventually took over and won by thirteen, 106-93, clinching the series, as they would get out of the first round of the playoffs for the first time since the 2006 playoffs when they advanced all the way to the Finals.
Point guard Jason Kidd has re-signed with the Dallas Mavericks for three-years at over $25 million reports ESPN.
The Mavs are listed at +1800 to win the Western Conference next season.
There is a lot of money to be made wagering on basketball, whether or college or pro, but in order to stand a chance of breaking even you have to know what you are doing first.
Basketball Bets
Like basketball bet scores are typically very high because of the scoring system. This means that betting the spread in basketball is the most popular way to wager.
On a spread bet, the person placing the wager wins if their team "covers" the spread. This means that the team either wins by the number of points specified, or loses by less than the number of points specified. Here's a look.
San Antonio Spurs -8 New York Knicks +8
Betting on the Spurs to cover the spread means that they have to win by more than eight points to collect. If they win by exactly 8 points, it is a "push". Your bet will be returned, but you will not win any extra money. If the Spurs win by only 7 points, they win the game but fail to cover the spread. In that case, you lose the money you wagered and those who bet on the Knicks collect.
Betting on point spreads can be a little bit tricky, so those new to sports betting might favor the money line instead. This is a bet on a team to win the game outright, and it does not matter how many points they win by.
In a money line bet, more money must be placed on the favorite team. As an example, in order to win $100 on a favorite, you would have to bet $120. On the other hand, if you wanted to bet on the underdog, you stand to win more money. For every $100 you bet on an underdog, you could win $130. Let's take a look at how this would appear on "the books":
San Antonio Spurs -120 New York Knicks +130
The favorite is always indicated by a minus sign, whether betting the spread or the line.
The Junior Tall Blacks ended their under-19 world championships campaign on a high note, seeing off a physical challenge from Angola to claim 13th place at the 16-team event.
The battling victory was a solid finish to a campaign that captain Dion Prewster felt exceeded many people's expectations, but ultimately fell short of matching the team's own hopes.
Having shown they were a match for some of the tournament's big guns, the defeat to Kazakhstan that stopped the Kiwis from progressing beyond first-round pool play still rankles - and probably will do for some time.
"It's safe to say that we have surprised and got the respect of a few other countries," Prewster said.
"At least that shows our hard work hasn't gone to waste. But not making it into the 12 was tough to swallow. It is heartbreaking because we know we can compete with a lot of those teams. But we did it to ourselves.
"This was our first time [at a world championships]. At least we know next time, with the next group of guys coming through, that we can compete. We just have to be mentally tougher and execute at the end."
Coach Kenny McFadden hoped his side had made a strong enough case for FIBA to consider granting a second spot to the region.
Having finished ahead of two of the three Asian nations and proved themselves a cut above the African nations, they've made a strong case.
"If they allow us to do this on a regular basis you will see New Zealand basketball make huge strides."
The impressive Loe, in particular, is sure to have plenty of offers on the table from US college Basketball but there was a more immediate reward for the 2.11m centre and teammates, Brook Ruscoe and Prewster, who have been named in a 20-strong senior Tall Blacks trial squad.
Sparks forward Candace Parker will play an undetermined number of minutes off the bench tonight, after last year's most valuable player missed training camp and the first eight games of the season while on maternity leave. Doctors cleared her to fully practice since Tuesday.
"I had circled that date as a return in my head as a goal of mine," Parker said. "It feels good, I'll be able to dress and be back. I had a solid week of practice." The Sparks are 3-0 at home, and have won two of their last three games despite the absence of center Lisa Leslie, who sprained her right knee June 19 against Phoenix and isn't expecting to return until July 22 against Seattle. It remains unclear whether Mercury guard Diana Taurasi, second in the league at 21.2 points a game, will play. The league hasn't ruled on any disciplinary action, and Taurasi, cited for drunk driving Thursday night, declined to say whether she's playing. The Mercury averages a league-leading 90.6 points a game.
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The Rutgers women's basketball team will take part in the Jimmy V Women's Basketball Classic for a fourth straight year.
The Scarlet Knights will host Florida on Dec. 7 at the Louis Brown Athletic Center. The game will be televised on ESPN2.
Rutgers coach C. Vivian Stringer said the late Jim Valvano, the former North Carolina State coach for whom the tournament is named, was a dear friend and her team is excited to be chosen to play again.
The event raises money for the V Foundation, which funds cancer research.
