What is +7 in NBA Betting?
Betting on the National Basketball Association (NBA) can be both exciting and profitable. One of the most common types of bets is the point spread, which is the difference between the two teams’ scores. The point spread is the handicap bettors place on the game. The handicap means that one team is favored to win over the other. So, when betting on the point spread, a bettor must decide whether they think the favored team will win by more or less than the point spread. The number associated with the point spread is known as the “+7” or “-7”.
+7 means that the favored team must win by more than 7 points for the bettor to win. Conversely, the -7 means that the favored team must win by less than 7 points for the bettor to win. If the favored team wins by exactly 7 points, then the bet is a push and the bettor will get their money back.
What is a Point Spread?
A point spread is a number set by oddsmakers to help balance the betting on two different teams. The point spread is the difference between the two teams’ scores. For example, if the point spread is 7 and the favored team has a score of 100 and the underdog team has a score of 92, then the favored team must win by more than 7 points in order for the bettor to win their wager.
The point spread is not always the same for every game. It is set by oddsmakers based on the two teams’ respective strengths, the location of the game, and other factors. Point spreads can range from a few points to several points.
What is Money Line Betting?
Money line betting is a form of wagering on the NBA that does not use a point spread. Instead, bettors must pick which team will win the game outright. Money line bets are usually expressed with a + or – sign in front of the number. The + sign indicates the underdog, while the – sign indicates the favorite.
For example, if the money line on a game is +200, this means that if the underdog wins, the bettor will win $200 on a $100 bet. Conversely, if the money line is -200, this means that if the favorite wins, the bettor will win $200 on a $100 bet. Money line bets are typically lower risk bets than point spread bets because the bettor only needs to pick the winner of the game.
What is a Parlay Bet?
A parlay bet is a type of wager that combines two or more individual wagers into one single bet. Parlay bets allow bettors to increase their potential winnings from a single bet. The bettor must win all of the individual wagers in order to win the parlay bet.
Parlay bets can be used to combine point spread and money line bets. For example, a bettor can combine a point spread bet on the favorite with a money line bet on the underdog. If both bets are successful, the bettor will win the parlay bet. If either of the bets fails, then the bettor will lose the entire parlay bet.
A teaser bet is similar to a parlay bet, but with a few key differences. A teaser bet is a combination of two or more bets, but the bettor gets to adjust the point spread in their favor. For example, if the point spread on a game is 7, the bettor can adjust the point spread to 4.5 for the favored team and 10.5 for the underdog. This means that the favored team must win by at least 5 points for the bettor to win the teaser bet.
Teaser bets are riskier than parlay bets because the bettor must win all of the individual bets in order for the teaser bet to be successful. They also typically have a lower payout than parlay bets because the bettor is able to adjust the point spread in their favor.
What are Prop Bets?
Proposition bets, or “prop bets”, are wagers on specific occurrences in a game. These can be anything from which team will score the first points to which player will have the most rebounds. Prop bets allow bettors to wager on a wide variety of outcomes, which can make them more exciting than traditional point spread and money line bets.
Prop bets are typically lower risk bets because they are based on individual events rather than the outcome of the game. However, prop bets can also be difficult to predict, which can make them more risky than other types of wagers.
What is Live Betting?
Live betting is a type of wagering that allows bettors to place wagers on a game while it is in progress. Live betting gives bettors the ability to react to the action on the court and adjust their bets accordingly.
Live betting is typically offered on point spread, money line, and prop bets. For example, a bettor can place a live bet on which team will score the next points, or on the total number of points scored in the game. Live betting gives bettors the opportunity to take advantage of changing odds as the game progresses.
What is Futures Betting?
Futures betting is a type of wager that allows bettors to wager on the outcome of a season or tournament before it has begun. Common futures bets include which team will win their conference, which team will win the NBA Championship, and which player will win the MVP award.
Futures bets are typically higher risk bets because the bettor does not know how the season or tournament will play out. It is also difficult to predict which team or player will win the award, so bettors must use their knowledge of the teams and players to make an informed decision.
What is In-Play Betting?
In-play betting is a type of wagering that allows bettors to place wagers on a game while it is in progress. In-play betting is similar to live betting in that bettors are able to adjust their bets as the game progresses. However, in-play betting is typically offered on a wider variety of wagers, including prop bets and futures bets.
In-play betting is typically higher risk than live betting because the odds can change very quickly as the game progresses. It is important for bettors to be aware of the odds and be prepared to adjust their bets accordingly.
Conclusion
Betting on the NBA can be both exciting and profitable. There are a variety of different types of wagers available, including point spread, money line, parlay, teaser, prop, live, in-play, and futures bets. The most important thing for bettors to remember is that each type of bet is different and carries different levels of risk.
Understanding the different types of bets and how they work is essential for successful NBA betting. Knowing when and how to use the various types of bets can be the difference between winning and losing.