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2021 NBA Betting Guide for Beginners
The NBA is one of the most exciting sports to watch and wager on in 2021. The league’s popularity has snowballed over the past decade and, along with it, betting markets and options.
If you’re familiar with wagering on professional football or other sports – wagering on the NBA is a breeze. This article will take you through the basics of NBA betting and some of the best basketball betting sites for wagering on the NBA.
How Do You Bet On An NBA Game?
Placing a bet on an NBA game is a straightforward process. Every sportsbook online has NBA betting odds and markets. Once you create an account at a basketball betting site and make your deposit, you can then look to place a wager on some NBA action.
These days, sportsbooks offer a lot more than sides and totals when it comes to NBA games. There is a vast list of bets available for each NBA game. Bettors can easily find 100 different wagers on a single NBA contest.
Types Of Bets For NBA Game
NBA betting markets are similar to football betting markets. Sides, totals, and moneylines are all available, but bettors will also find a large assortment of player and team props. Futures markets are also becoming extremely popular for NBA bettors.
Betting NBA Point Spreads
Let’s look at an example of a point spread wager in an NBA betting market. The point spread is how the oddsmakers attract action on both sides of a wager when the teams are unevenly matched. It can then be adjusted based on betting action and other factors.
Let’s look at an example using the Lakers and Clippers.
Los Angeles Clippers +4.5 (-110)
Los Angeles Lakers -4.5 (-110)
The Lakers are the favorite in this matchup at -4.5 points. The Clippers are the road team and the underdog at 4.5 points. We’re using standard American odds here, and both sides are at -110, so $110 to win $100.
If we place a bet on the Clippers at +4.5, we need them to lose the game by less than 4.5 points or win the game outright. Otherwise, we lose our wager.
Suppose we place a bet on the Lakers at -4.5. LA needs to win the game by 5 points or more. If they win by less than 5 points or lose the game outright, then your wager will be graded as a loss.
Pushes are possible with point spread betting, but not when there is a 0.5 or “hook” in the point spread, such as the example above. If the spread were -4/+4, then a push would be in play.
Betting NBA Totals
Behind point spreads, NBA totals are the most popular betting market. The total is the number of points scored by both teams in the game. There are also betting options for first-half totals, second-half totals, quarter totals, and team totals. However, all function similarly to over/unders and totals.
Let’s look at another example:
Los Angeles Clippers at Los Angles Lakers
Over 219.5 (-110)
Under 219.5 (-110)
Here we have the total in the game set at 219.5. Once again, we have -110 odds on both sides, but these can vary depending on the game’s movement and the sportsbook. Bettors can wager on the over or under 219.5 points.
If a bet is placed on the over 219.5, then the game needs to have 220 points or more for our wager to be graded as a winner. If we place a bet on under 219.5, then there need to be 219 points or fewer for our wager to be graded as a loss.
Remember, the game total is the combined scoring between both teams. It also includes any overtime period unless explicitly stated by the sportsbook. You may end up losing a bet on an under or winning a bet on an over because the game went to overtime.
Other NBA Betting Markets
A few other bet types are not as commons as sides and totals but are still available at just about all basketball betting sites.
Moneylines – Moneyline markets are similar to sides and point spreads, but bettors only need to pick the team that wins outright. There is no point spread element. Bet on the team who wins the game, and you win your bet. If not, the bet is a loser. It’s as simple as that.
Propositions – These are now a lot more popular than they were a decade ago. Player props, such as how many rebounds, points, or assists are player might have, are available at just about every sportsbook online. There is also a massive list of team props at most sites. Such as which team will score the first basket or which team will score 10 points first, and so on.
Futures – Futures markets are events that will take place in the future and are not individual games. Futures are things like which team will win the NBA Championship, Eastern Conference, etc. Or, wagers on which player will win the Most Valuable Player award.
Basketball Betting Strategies For Beginners
There are a few basketball strategies on how to bet on basketball and win. Some may seem basic to you if you’re new to sports betting and betting on basketball, but they’re more for new gamblers who are just starting their journey. However, they should add value to bettors of all types.
Line Shop And Use Multiple Sportsbooks
This is the most basic of any sports betting advice, but it is followed the least. Far too many bettors just use one sportsbook to place bets. That’s a huge mistake, primarily because you cannot line shop and access different betting markets.
The sports betting market is always changing. Sportsbooks offer different odds and markets. It’s your goal to get the best price or odds available on each bet you place. If you use multiple sportsbooks, not only will you be able to do this, but you will be able to take advantage of many welcome bonuses when you sign up for new betting sites.
Target Totals
Totals or over/unders should be something that bettors go after more frequently, but often, they are obsessed with point spreads and moneylines. It’s not quite as fun to bet on totals and even less fun to wager on unders, as no one wants to watch a bunch of jumpers rim out, let alone root for it.
However, there is a lot of value in handicapping totals. In most cases, it’s much easier to figure out the pace of a game (which correlates to scoring) versus which team will win the game. If you’re not betting NBA totals – you need to start.
Bet Propositions
More so than totals, propositions, or props, offer the most significant edge for gamblers who take the time to learn the sport. Player props, in particular, are incredibly exploitable based on matchups or even by following injury news and hitting the markets before the odds moved.
Limits will be a lot less than sides and totals, but you can still bet $500 or more on props at some sites. These are excellent bankroll builders, and some bettors even make a living wagering on sports – just by betting on props!
Where Can You Bet On The NBA?
There are hundreds of sites online that will accept bets on NBA contests, but it is vital to choose a site that is highly rated and that you can trust. There are a ton of reputable sites out there that not only have great bonuses and options but are brands can have full confidence in being paid.
MyBookie.ag
MyBookie is a trusted sportsbook with a ton of excellent betting options for the NBA. Payouts are fast, especially with crypto. They have a 50% sign-up bonus of up to $1,000 for new users on their first deposit.
SportsBetting.ag
SportsBetting is one of the most reliable sportsbooks in the business. They have massive betting limits for NBA basketball and an enormous list of cashier options. Crypto payouts are lightning-fast, usually in just a few hours. They have an excellent list of bonuses, including a 100% First Time Crypto Bonus up to $1,000 and a 50% Welcome Bonus up to $1,000.
BetNow.eu
BetNow is a bit newer on the newer side but are still an excellent option. They are one of the few sportsbooks online to offer cash bonuses and even have a VIP program. Bettors will receive a 100% Welcome Bonus up to $1,000 when they make their first deposit.
Bovada
Bovada is a legend in offshore betting markets and with good reason. They are the most trusted brand online and are still going strong for American bettors in 2021. They have a nearly endless list of NBA betting options, including an incredible live betting platform. The Welcome Bonus is 50% up to $250 for new users.
BetUS.pa
BetUS recently started accepting new customers again, and they have been met with rave reviews from players. They have a terrific sign-up bonus of 100% up to $2,500 on your first deposit.
Betting the NBA Online In 2021
Wagering on NBA basketball in 2021 is easier than ever. There are a plethora of betting options, no matter where you’re located. Learn the basics and then dive into some advanced basketball betting strategies, and you will find yourself profitable in no time.
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Meet the Team: The Experts Driving Phoenix Capital Group’s Vision
A popular saying in business is that behind every successful company stands a skilled and dedicated team of professionals working every day to achieve more. That’s the case at Phoenix Capital Group Holdings, LLC, where experts drive the company’s vision to new heights.
Thanks to the hard work and dedication of its exceptional team, Phoenix Capital Group consistently strives to deliver value and high-quality returns to individual landowners and investors in the oil and gas industry.
Here are a few of the experts leading the charge at Phoenix Capital Group.
Adam Ferrari, Chief Executive Officer
Adam Ferrari, the son of co-founders Daniel and Charlene Ferrari, serves as the CEO of Phoenix Capital Group. With nearly 20 years of experience in the oil and gas industry, Adam has been instrumental in leading the company and focusing on key initiatives that drive substantial growth.
Raised in a small farm town in Illinois, Adam learned the values of hard work, grit, and determination from an early age. He graduated magna cum laude from the University of Illinois at Urbana-Champaign with a degree in chemical engineering. Starting his career at BP in the Gulf of Mexico, Adam honed his engineering skills before moving through various leadership roles at the company and later transitioning to investment banking at Macquarie Capital.
Adam’s entrepreneurial spirit led him to found multiple oil and gas ventures throughout his career. Phoenix Capital Group is the culmination of his diverse experiences and his most significant project to date.
Adam is married to Brynn Ferrari, the CMO of Phoenix Capital Group. They have a young son and hope to expand their family in the future. Outside of work, Adam enjoys spending time with his family, exploring local cuisine with Brynn, and watching USC Trojans football.
Curtis Allen, Chief Financial Officer and Partner
Curtis Allen brings over 10 years of experience in financial services—with a strong emphasis on investment analysis—to his role as CFO and Partner at Phoenix Capital Group. A CPA, Curtis has a broad range of financial experience, from preparing private taxes to auditing billion-dollar defense contractors. He has managed investments for corporate and personal clients for over seven years and holds Series 7 and 66 licenses. He has also passed the CFA Level 1 exam.
At Phoenix Capital Group, Curtis oversees all finance and accounting functions, as well as various day-to-day operational tasks.
A family man, Curtis is married with two children. Outside of work, he enjoys outdoor activities such as playing beach volleyball with his wife and bicycling with his family.
Lindsey Wilson, Chief Operating Officer and Partner
Lindsey Wilson, COO and Partner, brings extensive practical experience to Phoenix Capital Group. She has led various diverse, multidisciplinary teams within the energy sector, and she prides herself on setting and achieving aggressive business goals while ensuring all employee needs are met.
A founding member of Phoenix Capital Group, Lindsey manages and oversees the company’s daily business operations. She works closely with all supervisors and department heads to support the day-to-day activities of all employees.
Lindsey began her career in the oil and gas industry in 2011 as a leasing agent in Fort Worth, Texas. This foundational experience served as a springboard, allowing her to transition into more advanced roles within the mineral and leasehold acquisition space.
Combining her practical oil and gas experience with skills gained in sales, marketing, and underwriting in the hospitality and banking sectors, Lindsey has successfully led Phoenix Capital Group’s multi-functional organization. She holds a BBA in Marketing from the University of Texas at Arlington.
Lindsey is married with a daughter. She enjoys spending time with her family and training for marathons.
The Entire Team at Phoenix Capital Group Contributes to Its Success
Adam, Curtis, and Lindsey have over 60 years of combined experience in the energy sector. They bring a diverse array of skills in software development, engineering, finance, and more to Phoenix Capital Group.
However, the company’s immense success would not be possible without the dedication, skills, and hard work of the entire team.
The large and diverse team at Phoenix Capital Group focuses on minerals, investments, operations, marketing, land, finance, technology, and more. Through their combined effort, they contribute to the company’s ongoing success and growth.
About Phoenix Capital Group
Founded in 2019, Phoenix Capital Group Holdings, LLC is a leading oil and gas mineral rights acquisition, investment firm, and operated working interest company dedicated to discovering untapped value on behalf of landowners across the United States. The family-owned company is a technology-led and client-centric focused organization dedicated to developing partnerships with its clients through property acquisitions and investment opportunities. With a team of experienced professionals with expertise in software development, engineering, and finance, Phoenix Capital Group boasts over 60 years of combined experience in the energy sector, focusing on capital deployment and asset management.
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