Score big with Stake basketball betting: Dribble your way to thrilling payouts
From the courtside to television screens, basketball continues to captivate the hearts of fans across the globe. Online bookmakers are seizing the opportunity to enhance this enthusiasm with their betting services. Leading the way is Stake, the ultimate sportsbook for enthusiasts of all kinds.
What is basketball betting?
Basketball sports betting involves placing wagers on the outcome of specific basketball popular matches or events. It is also one of the sports that offers a wide range of betting options, allowing punters to explore beyond just betting on the winner of a match.
Basketball leagues you can bet on
Basketball enthusiasts have access to several top-notch leagues that provide excellent betting opportunities. To gain a better understanding of how these basketball leagues work, explore a few examples here, including their structure:
NBA
The National Basketball Association (NBA) is widely recognised as the world's premier professional basketball league. It consists of 30 teams, with 29 located in the United States and one in Canada.
The NBA operates under the umbrella of USA Basketball (USAB), the governing body for basketball in the United States and is officially recognised by the International Basketball Federation (FIBA).
The NBA is divided into two conferences: the Eastern Conference and the Western Conference. Each conference has three divisions, with five teams each. It's important to note this divisional alignment was introduced in the 2004-2005 season.
Regular season
The NBA regular season typically starts in the last week of October and concludes by April. Teams follow a schedule that includes games against divisional opponents and teams from other divisions within their conference. Here's a breakdown of the scheduling format:
- Divisional: Each team faces the other four teams within its division four times, resulting in 16 matches against divisional rivals.
- Conference: Teams also play against six of the nine teams from the other divisions within their conference. These matchups occur four times each, leading to 24 games against conference opponents.
- Remaining conference teams: The remaining four teams play three times each, adding up to 12 games.
In total, each team will play 82 games in a regular season. However, it is essential to note that starting the 2023-24 season, an in-season tournament will be introduced, wherein all games played during the tournament, excluding the final match, will contribute to the regular season standings.
Playoffs
After the regular season, the top eight teams from each conference, totalling 16 teams, advance to the playoffs. Using the tournament-style format, teams compete in a series of best-of-seven matchups to determine the winners.
In each playoff round, the first team to win four games advances to the next stage. This format applies to both the conference semifinals, where teams vie for a spot in the finals.
Finals
The ultimate stage of the NBA playoffs is the NBA Finals, which is an annual best-of-seven series. It features the conference champions, determined by the winners of the conference finals. The winner will be crowned as the ultimate NBA Champion.
B. League
The B. League is a professional men’s basketball league in Japan that commenced in 2016. It resulted from the merger between the National Basketball League and BJ League, which FIBA had mandated as a condition to Japan having its membership resumed following suspension in November 2014.
The league comprises two divisions, particularly the B1 and B2. B1 has a total of 24 events, while B2 has 14 teams, following the system of promotion and relegations. Each division is divided into East and West conferences.
First division (B1)
In B1, each team participates in a total of 60 games, following the regular-season schedule. This includes 36 games against teams within their conference, with four games against every other team.
The remaining 24 games are played against teams from the other conference. In this case, each team plays two games against eight teams from the other conference and four games against the remaining two.
The top eight teams advance to the playoffs, consisting of quarterfinals, semifinals, and finals. Each round follows a best-of-three format and the one who wins moves on to the next round.
Second division (B2)
B2 teams participate in 42 games, following the 60-game schedule. Six games are played against each team in the same conference, and another 18 games are played against teams from another conference. This includes playing two games against seven teams and four games against the remaining teams.
Similar to B1, the top eight teams advance to the playoffs. This includes the top three teams from each conference and two teams with the best record. Playoffs also consist of quarterfinal, semi-final, and final rounds, following the best-of-three format for each round.
Promotion and relegation
Promotion and relegation determine the teams from the second division who are qualified to advance to the first division and which teams from the first division will be relegated to the second division. In this case, as per the 2020-21 season, the top two teams from the second division will be automatically promoted to the first division.
Types of basketball betting wagers
Now that you know how leagues work, it’s time to get into the betting scene. If you're interested in basketball betting, there are several popular types of basketball betting odds you can consider. Here are some of the most common types of betting lines you may encounter:
Moneyline
A straightforward bet where you simply pick the team you believe will win the game outright without any point spread considerations.
Quarter / Half
Wager on the specific outcome of either the first or second half of a game rather than the overall result. With this type of bet, you can select a specific quarter or the halftime period and place bets on the moneyline or over/under based on the total scores.
Handicap
A handicap bet, often referred to as a point spread bet, is a popular betting type that balances the odds between two teams of varying strengths. The favoured team is assigned a negative point handicap, while the underdog is given a positive point handicap.
Total
Also known as an Over/Under bet, this allows you to bet on the total combined points scored by both teams in a game. Choose whether the total score will be over or under a specific number the bookmaker sets.
- Over bet: If you believe the total score will exceed the set figure.
- Under bet: If you believe the total score will be lower than the set figure.
Double chance
Double chance bets involve making bets on two possible game outcomes in one bet, as you can see below:
- Home team win or draw (1X): Bet wins if the home team wins the game or the game ends in a draw.
- Away team win or draw (2X): Bet wins if the away team wins the game or the game ends in a draw.
- Home team win or away team win (12): Bet wins if either team wins.
Both teams to score
A simple bet where you choose between ‘Yes’ and ‘No’. If you believe that both teams will score points during the game, you would place a bet on ‘Yes’. In contrast, if you think that one or both teams might not score at all, you should bet on ‘No’.
Understanding basketball betting odds formats
Basketball betting odds are crucial as they indicate the probability of a team or specific outcome winning a game. It also provides information on the amount you need to risk to win a specific amount, as well as the potential payout you can receive from your bet.
They are presented in various formats, and it is essential to have a good understanding of how to interpret them for making successful bets. Here are some of the most common betting odds formats.
Decimal odds format
Decimal odds show the potential payout one would get if the bet is successful. Unlike other types of odds which separate the profit from the initial bet, calculating a decimal odds would give you a total combined payout. This is usually displayed through decimal numbers such as 4.00 and is calculated using the formula:
- Stake x Odds = Payout
For example, you are to analyse a match between Levanga Hokkaido and Ibaraki Robots will take place with the following odds:
- Levanga Hokkaido: 1.90
- Ibaraki Robots: 2.25
This means if you decide to bet on the Levanga Hokkaido with a $100 initial bet, and they win, your total payout would be $190. This includes your initial stake of $100 plus the $90 profit. On the other hand, if you place a successful $10 bet on Ibaraki Robots, your total payout would be $22.50, including your bet plus $12.50 profit.
Fractional odds format
Fractional odds are one the most common formats used in sports betting. This represents the total profit you would get if your bet is successful. You can calculate fractional odds using this formula:
- (Stake x Numerator) / Denominator = Profit
For example, Osaka Evessa is set to compete against Nagasaki Velca with the following odds:
- Osaka Evessa: 4/5
- Nagasaki Velca: 9/1
If you decide to bet on Osaka Evessa, their odds mean for every $5 you bet, you can get a $4 profit. On the other hand, betting on Nagasaki Velca means that for every $1 bet, you have a $9 potential profit.
American odds format
American odds, on the other hand, represent the total amount you would win for every $100 bet or how much you would need to wager to win $100. It is represented by positive and negative signs along with the team name within the match. For example, SeaHorses Mikawa is playing with Saga Ballooners with the following odds:
- SeaHorses Mikawa: +200
- Saga Ballooners: -150
The positive number indicates underdogs and represents what you would receive for every $100 bet if they win. So when you place a successful $100 bet on SeaHorses Mikawa, your profit is $200 with a total payout of $300.
In contrast, the negative number signifies favourites of the game. The figures on the odds say the amount you need to bet to win $100. In this case, betting on Saga Ballooners would need a $150 bet to win $100.
Basketball betting tips and strategies to try
Apart from understanding the odds and how a certain basketball league structure works, there are many more ways to make informed betting predictions. Discover some of the most effective betting tips and strategies for more chances of winning your bets.
Manage your bankroll
Effective bankroll management is important for an enjoyable and sustainable betting experience. Set a specific amount that you are comfortable risking on basketball events. It is also essential to strictly stick to it and resist the temptation to chase losses.
Use live or in-game betting
One effective strategy recommended by experts is to bet on live games. This offers an advantage by allowing you to analyse the ongoing events in a game, which directly influence its outcome.
Research and analyse
To increase your chances of success in basketball betting, it's crucial to have a good understanding of the teams and players involved. Take the time to research their past performances and track records thoroughly.
Be updated
It is also essential to stay informed about any injury reports or team transfers related to the basketball teams participating in a match. Keeping up with the latest news and updates will provide valuable background information and help you assess the teams' likelihood of winning the game.
Bet on basketball at Stake.jpn.com
Stake is a premier sportsbook covering various sports to cater to diverse player preferences. With an array of payment options, your basketball betting experience is guaranteed to be smooth and rewarding! Here’s a simple guide to basketball betting on Stake.
How to place basketball bets at Stake
Placing basketball bets on Stake is a breeze, thanks to its usеr-friеndly platform and a plеthora of еnticing promotions. To get started, follow this simple step-by-step guide on how to bet on basketball:
- Visit the official Stake website.
- Sign up and create an account.
- Once your account is set up, go to the homepage and click the Deposit button.
- Deposit your desired betting funds and take advantage of any available rewards.
- Navigate to the sports section of the website
- Select the basketball category and choose the specific match you want to bet on.
- Explore the available betting options and choose your preferred outcome to wager on.
- Confirm your bet by placing it.
- Await the outcome and potentially win real money!
Supported cryptocurrencies at Stake
Stake accepts a diverse range of cryptocurrencies for seamless transactions that eliminate the hassle of geographical restrictions and potential delays in processes. Check if your preferred cryptocurrency is among the accepted options on the platform:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Tether (USDT)
- Dogecoin (DOGE)
- Bitcoin Cash (BCH)
- EOS
- Tron (TRX)
- Shiba Inu (SHIB)
- Binance coin (BNB)
- USD coin (USDC)
- Ape Coin (APE)
- Binance USD (BUSD)
- Cronos (CRO)
- DAI
- Chainlink (LINK)
- Sand coin (SAND)
- Uniswap (UNI)
Stake: Bonuses you can take advantage of
At Stake, your basketball betting experience is enriched with a regular stream of generous bonuses and promotions! These offers give you a competitive edge when you gamble and have more chances of winning, giving you the ultimate experience. Here are the enticing offers at Stake:
- Rakeback: This bonus gives you passive earning as the platform refunds a percentage of your wagered money for every bet, regardless of the outcome.
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Frequently Asked Questions
Here are the most common queries that you should know regarding Stake’s basketball betting.
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Tether (USDT)
- Dogecoin (DOGE)
- Cryptocurrencies
- Fiat currencies including Japanese yen (JPY)
- Bank transfer
- Vega Wallet