Gamblerspalace.com Basketball section provides the latest updates, scores, high lights, and information you would ever need to bet NBA basketball online. Knowing how to bet basketball online is just as important as knowing where to bet. When it comes to online sports betting, Gamblers palace will provide you with the latest odds and lines on every Online sports event. Basketball betting money lines - How to read them and use an NBA basketball game as an example to illustrate a money line bet. The two most popular ways of expressing odds in Basketball, there are point spreads and money lines. The easiest way to understand a money line, is to think of it as an indication of the amount you need to bet to win $100 (or 100 of whatever currency you are betting in) or the amount you will win if you bet $100. Money lines are expressed with a negative number, say -110, or a positive number, say +110. A negative money line number indicates what you must bet to win $100, and a positive money line number indicates what you will win if you bet $100. If you bet $110 on a team with a money line of -110, and they win, you will win $100 (plus return of your original $110 bet). If you bet $100 on a team with a money line of +110, and they win, you will win $110 (plus return of the original $100 bet). Unlike point spread bets, the teams do not have to win by any particular number of points. Now, you do not have to bet an amount equal to the money line number. You can bet more or less and the payoff simply becomes a proportional amount. For example, if you bet $11 on a money line of -110, and your bet wins, you will win $10. If you bet $50 on a money line of +110, and win, you will win $55. Reading a basketball money line is very simple. A typical moneyline would be something like this. UCLA –165 or Notre Dame +145 The –165 means you must risk $165 to win $100 on the UCLA while the +145 means you get back $145 for each $100 risked should the Notre Dame win outright. Any –number means that is the risk to win $100 and any +number is the payoff for risking $100. It is that simple. In the event of a tie, all money line bets are settled as a Push and monies are refunded. The difference between the two lines typically starts at 20 “cents” in basketball and gets larger as the numbers get higher. For example, if the favorite is –240, the dog may be +200, a difference of 40 “cents”. The higher difference at higher numbers simply serves to keep the percentage of vig for the house roughly the same. Not every moneyline will present an opportunity, but be sure to compare the money lines and corresponding spread. Going against the public trends will lead to you getting better “prices” on all your plays and you will be more profitable in the long run.
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In the table below there are links to all of the College basketball betting information available at Gamblers Palace. You can click on any of the links anytime to read up or receive all the NCAA College basketball betting information you could ask for.
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