Basketball has been a favourite in Singapore, taking up 4th place among the most popular sports in the country. Singaporeans love to get involved in basketball gaming events—watching different leagues and competitions.
But apart from being a favourite sport to watch, basketball is also considered as a good sport to wager on. Online betting Singapore bookmakers leverage the game’s competitiveness and the abundance of tournaments to create a multitude of betting markets for the sport.
How Basketball Betting Works
As with other sports, wagering on basketball is quite simple, particularly if bettors have an insight into the game’s rules, regulations, scoring system, and positions. Basketball betting involves predicting the outcomes of specific events in a basketball game.
Different Competitive Basketball Tournaments
Sportsbooks most often source their betting markets from different basketball events. The NBA Finals, FIBA Basketball World Cup, and NCAA College Basketball are three of the major tournaments that bettors can anticipate for.
Apart from these three major tournaments, there are other leagues that bettors can wager on:
- Basketball at the Summer Olympics
- FIBA EuroBasket
- EuroLeague Final Four
- FIBA World Olympic Qualifying Tournament
- FIBA AmeriCup
- Spalding Hoophall Classic
- FIBA Asia Cup
- AfroBasket
Types of Basketball Betting Markets
Bettors can wager on many betting markets for basketball—from traditional bets to more specialized options. Here are some of them:
Moneyline Bets
Moneyline betting is the most straightforward betting market available, as bettors simply need to guess which team will win the game.
Sportsbooks typically assign moneyline odds for a game based on the team’s likelihood of winning. The moneyline odds are not always evenly matched, and that will reflect who is the favourite (indicated by a negative symbol) and who is the underdog (indicated by a positive symbol).
For example: Lakers (-200) vs. Warriors (+150)
If bettors decide to place their bet on Lakers, they need to bet $200 to win $100 in profit. Conversely, if punters choose Warriors, the underdog, they only have to place a wager of $100 to win a $150 payout.
Point Spread Bets
Point spread betting is designed to level or even out the difference in skills between two teams in a game. Generally, sportsbooks analyse both teams in terms of their current form and news of critical injuries, as well as consider the venue.
Similar to the moneyline betting market, the favourite and the underdog are provided with negative and positive values, respectively. However, along with these values are the conditions in which the teams must accomplish for the bet to payout.
For a bet on the favourite to win, the team must win the game by scoring more than the point spread assigned by the sportsbook. Consequently, a bet on the underdog pays out when the team either or loses by less than the point spread or wins outright.
For example: Mavericks (-4.5) vs. Suns (+4.5)
If bettors decide to wager on Mavericks, the team must win at least 5 points for their bet to succeed. However, if they place their bet on Suns, they still win their bet if the team loses by up to 4 points or wins the game.
Over/Under Bets
Over/under betting, also known as points totals, involve predicting whether the total combined points scored by both teams in a specific game will be over or under the set number by the bookmakers. Generally, sportsbook betting Singapore platforms set an expected total score for a game by measuring the matchup between two teams in terms of current form and performance as well as their offensive and defensive ratings.
For example: The expected total of points scored for a Nets vs. Raptors game is set at 226.5 points. Bettors who wager on the OVER will win their bets if the total points is over 226.5. In contrast, they will lose their bet if the total score is less than 226.5.
Parlay Bets
Parlay betting is the betting market that allows bettors to combine multiple bets into one ticket (wager). A single parlay bet may include several moneyline bets, point spread bets, or totals bets.
Although parlay betting lets bettors stake a smaller amount to win a larger payout, it has low odds of winning. For a parlay ticket to be successful and payout, all bets must win.
Futures Bets
Futures betting is the market that becomes available even before a tournament or championship occurs. In basketball, futures bets can be placed when predicting the season champion, conference winners, division winners, or even individual awards (Most Valuable Player, Most Improved Player, Rookie of the Year, Sixth Man of the Year, Defensive Player of the Year, etc.)
This betting market offers bettors a chance to make long-term investments. However, before engaging in futures betting, punters must understand that bets made in this market do not payout immediately since this market has a long duration.
First Basket
First basket betting is a straightforward betting market. It can go as simple as predicting which player will score the game’s first basket. But, to add an extra level of excitement, some sportsbooks make the first basket betting market more specific—requiring bettors to choose the player to make the first basket and in which fashion (three-pointer, two-pointer, free throw).
Game Propositions
Basketball propositions can offer a variety of betting markets that usually involve wagering on specific events or occurrences within a game. There are two main categories of basketball props: Game Props and Player Props.
Game props allow for bets on team or game events or occurrences, such as:
- the highest-scoring quarter
- the team to score first in a game
- the number of fouls there will be in the first quarter
- the margin of victory
- whether the game will go into overtime
Meanwhile, player props are focused on specific player performances within a game. Such include:
- the number of rebounds, points, assists, steals, and blocks a particular player will achieve
- whether a player will record a triple-double or double-double performance in the game
Stat Leaders
Stat leaders betting involves wagering on which player will lead a specific statistical category (points, rebounds, assists, steals, and blocks) in a game or over a season. This can be an exciting betting market, particularly for professional bettors who want to put their betting knowledge and research skills to the test. However, only a few sports bookmakers offer the stat leaders betting market.
Quarters Bets
Quarters betting is a good betting market for bettors who are afraid to wager on the outcome of the entire game. In this basketball betting market, bettors can engage in different game segments and wager on specific events or occurrences within the quarters.
Bettors can bet on which team will score more points during a particular quarter, whether the quarter will be high-scoring or low-scoring, or guess the margin of victory within the quarter.
Betting on each quarter of the game offers a more focused and fast-paced betting experience. Typically, bettors can place a quarters bet before the end of each quarter.
Where to Bet on Basketball?
88ProAsia is a trusted Malaysia and Singapore betting site for bettors wanting to bet on different basketball tournaments. We offer extensive online sportsbook directories in the two countries and other Asian countries to establish a long-lasting and positive relationship with our clients and the online gaming community. To start your basketball betting journey, register for an account at https://88probett.com/.
