March Madness Betting - How to bet on Basketball ( NBA, WNBA and NCAA )

 March madness betting is the second biggest sport bet in terms of dollars being wagered on the net, right behind the NFL. If you are going to be march madness wagering this year be sure you follow our guidelines. First thing to remember is to play at a quality sportsbook like the ones listed on our website. We personally bet and wager at every one of these books daily and have had wonderful experiences march madness betting.


POINTSPREAD


Many online sportsbooks and casinos offer point spread and over / under betting, both online and over the telephone. On a point spread wager, the team wagered must win by the point spread. On an over / under wager, the total points of the contest by both teams, overtime included, must fall over or under the side selected.

Example:

The posted line is the L.A. Lakers -10 at Portland Trailblazers +10 and the over/under total is 189.

The odds are $1.10 to win $1.00 (-110) unless otherwise indicated.

For the player who wagers on the Lakers -10, they must win by more than 10 points for this to be a winning wager. For the player who wagers on Portland +10, they must either win the game, or lose by less than 10 points for this to be a winning wager. If the outcome falls on the number, either way, the bet is declared a "Push", and the original stake is refunded.

For the player who wagers on the total points of this contest by both teams to be "Over" 189, the combined final score of both teams must exceed 189. For the player who wagers on the total points of this contest by both teams to be "Under" 189, the combined final score of both teams must be less than 189. If the outcome falls on the number, the bet is declared a "Push", and the original stake is refunded.

Pointspread and Over/Under lines will be offered on all NBA contests.

All wagers on the side & total will include all overtime scoring
 


MONEYLINE

Many Las Vegas and web based sportsbooks offer moneyline odds wagering on American BasketBall, both online and over the telephone. Moneyline Wagering is simply wagering on the contest based on a given price rather than a pointspread. The team bet on just, has to win the game.


Example:
A player could choose one of two wagers on the following matchup: L.A. Lakers -200 at Portland Trailblazers +180. If the Lakers win, the player laid $200.00 to win $100.00. If Portland wins, the player who bet $100.00 wins $180.00.



PROPOSITION

Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight "side" or "over/under" wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below. Props/Exotics will be offered on more marquee games on the betting menu. These include, but are not limited to, Saturday and Thursday night NCAA college games, various NCAA basketball games, major March Madness games and many Playoff and NCAA Championship Basketball games. There are also many other miscellaneous events that Props and Exotics will be offered for.



POINTBUYING

Many Atlantic City sportsbooks and internet casinos offer Point Buys. This is a method of allowing the bettor to improve the point spread odds of a Basketball contest by actually "buying points" for the team he/she wants to wager, side or total. Bettors can buy points in 1/2 point increments up to 3 points, depending on the contest. Each 1/2 point costs the bettor an additional 10% vigorish.

Example:

The L.A. Lakers are playing the Portland Trailblazers, and the line on the game is the Lakers -10, with a total of 189. If a $100 wager is placed on the Lakers -10 with a 1/2 point buy, the player has a wager on the Lakers -9 1/2 points, and must put up $120 to win $100, instead of the usual $110 to win $100. If the player, for example, requests a full 1 point buy to move the pointspread down to -9, he/she would have to put up $130 to win $100.

Conversely, the bettor may also buy points on the Trailblazers side, and get the line at plus 10 1/2 or 11 points, with the same increase in vigorish.

Bettors may also buy points for basketball totals. In this particular game, bettors could buy an "over" wager with a maximum line move down to 188, or an "under" wager with a maximum line move up to 190.

Point Buying up to a maximum of 2 point will be offered on all NBA and NCAA contests.

Point Buying will not be offered on halftime, quarter or moneyline wagers.

 

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