If you’re a basketball fan, staking on NBA games is one way to profit from your passion. Basketball is well-known, so markets are always available on crypto sports betting websites. If you’re looking for excellent platforms to wager on these markets, you might want to know which is our best overall Bitcoin sports betting site.
It’s important to know that basketball betting has an element of risk, so you can lose just as much as you can win. However, with the correct information, you can place stakes with higher winning chances and enjoy your betting sessions more.
Check out expert tips on how to enjoy NBA betting at a crypto sportsbook below:
Understand the Betting Markets
Bitcoin sportsbooks feature different NBA betting markets. So, if you enjoy staking, it’s best to first understand the options available. The common ones include moneyline, point spread, and over/under.
Moneyline: With money line, you bet on the team to win the game. There’s no draw bet, as basketball can’t end in a tie.
Point spread: These wagers let you predict how many points a team will win or lose by. For instance, if you bet on a -3 point spread on team A, you believe team A will win by more than 3 points. The opposite is betting on a +3 point spread on team B.
Over/under: These bet types are straightforward. You bet on the total number of points both teams will score. If you wager on over 150, you win if both teams score more than 150 points.
Besides these three, there are many other markets these sites cover. You can place prop bets and wager on special markets.
Research the Teams
Having selected the market to invest your money in, the next action is to study the teams. In most NBA games, there’s a favourite and an underdog. Most bettors would quickly go with the favourite, but doing so isn’t always favourable.
No matter how strong a team is, don’t make a blind pick. First, analyse the teams and find out information on their forms. You can do this by studying the details of the results from their recent games.
Additionally, it helps to stay objective during your research. Don’t overestimate the stronger team or underestimate the weaker one. That’s because anything can happen on the court to upset the odds.
Besides the strength of the teams, learn about the individual players on the team, as this affects the overall gameplay. Check how a team performs with different players on the court and how the absence of a player affects them.
Take Note of the Schedule
Before placing bets, check out the match schedule. When you look at the NBA schedule, highlight teams with tight programmes. For instance, consider a team with four matches in five nights. No matter how good they are, the players will need a break before the last game. You get leverage by betting against them in the match, as they will likely underperform.
Another instance is when a team needs a long trip to meet their opponents. They could also suffer from fatigue, like jet lag or sleep problems. What’s most interesting is that the Bitcoin sports betting website may not consider these factors, so the odds could still be high. That means you’ll make more from your bets.
Home advantage plays a significant role in determining outcomes. Teams win 60% of the time in the regular season when they play at home rather than away. So when checking the schedule, check where these games will be held.
Try Live Bets
Don’t skip live wagers if you’re out to have fun on Bitcoin sports betting sites. It’s an opportunity to place stakes while the game is ongoing. These betting options aren’t only exciting and settled faster than their prematch counterparts.
Most often than not, it’s easier to tell who’ll win an NBA match once it starts. Suppose it’s five minutes into the first quarter, and team A is already 10 points ahead. You could easily bet in their favour. So, you have a higher chance of winning with live wagers.
However, note that live betting odds won’t be as high as before the game. The odds will change as the match progresses, depending on the scores.
Use a Suitable Crypto Payment Option
When it comes to sports betting websites, Bitcoin is always the best option to consider. It’s the king of the market and has the highest market value. The good news is that a larger percentage of crypto sportsbooks support Bitcoin.
However, if you prefer betting with altcoins like Litecoin and Ethereum, find a site that supports these options. That way, you won’t have challenges with deposits and withdrawals on the platform.
Maintain a Betting Budget
Enjoying betting on basketball games doesn’t mean emptying your pocket at a Bitcoin sportsbook. Winning tips and guides will help, but your bets’ outcome depends on luck. Besides, the site always has an edge, so the sportsbook makes money whether you win or lose.
You must bet responsibly. To achieve that, create and stick to a budget. Limit how much you’ll spend on the betting website per wager, per day, per week, etc. Sign out and close your browser whenever you exhaust your budget.
Go for Sites with Higher Odds
The odds of NBA games vary from one sportsbook to another. Hence, before registering and placing bets, shop for the best odds. Find platforms with lower margins and higher payout rates so you can make more profit from your winning bets. You can also read reviews to learn more about the site’s payout rates.
Following the tips above, you can enjoy NBA betting on a crypto betting website. However, it’s important to pick a trustworthy betting platform. The sportsbook must be licenced and have other security features to protect personal and financial details. This way, you can easily get your earnings if your bet wins.