How to Bet on Basketball Games with Bitcoin
Basketball is among the most intense and entertaining sports in the world. It is loved by millions of fans worldwide, many of which also love to bet on it.
Read on to learn how to bet on basketball games on 1xBit.
Table of Contents
- What is Basketball?
- How to Bet on Basketball: A Beginner’s Guide
- Top Basketball Tournaments to Bet on
- Basketball Betting Tips & Advice
- How to Deposit Bitcoin Into Your 1xBit Account to Bet on Basketball
What is Basketball?
Basketball is a two-team sport, each with five players playing on a rectangular court. Each team scores by shooting a ball through an elevated hoop 10 feet above the ground.
Games are divided into four quarters. 40-minute international games are split into four 10-minute quarters, while NBA games go for 48 minutes with four twelve-minute quarters.
Players can either score 2 points or 3 points in-game, depending on where they shoot the ball from. Additionally, players can score points from free throws if a foul has occurred.
In basketball, a foul is an illegal contact between players, such as pushing, hitting, holding, slapping, and more. Other violations in the basketball game include dribbling with both hands, walking, holding the ball, and goaltending.
How to Bet on Basketball: A Beginner’s Guide
To bet on basketball games, sports betters need to understand the various ways they can approach the game. Here are a few pointers on how to bet on basketball, highlighting the most popular bets available.
Over or Under
In this type of wager, you bet by the number of points you think a team might win. Your bet goes through if the points are more than those listed by the bookmaker as over and vice versa.
Overtime Betting
Here, you bet on whether you think the match will have overtime. You can choose either yes or no.
Regular Time Double Chance
In this kind of bet, you’re wagering on two chances. For instance, you can wager that either the Golden State Warriors or Dallas Mavericks will win within regular time.
Correct Score
Here, you wager by correctly predicting the exact number of points a team will get. For instance, you can wager that the match between Golden State Warriors and Dallas Mavericks will have a 4-0 score by quarters.
Team to Win All Quarters
Here, you can bet that a certain team will win all four quarters of the game. For example, you can wager that the Golden State Warriors will win all four quarters.
Handicap Betting
This is another popular way of betting on a basketball match called handicap betting. For instance, you can make a handicap bet that the Golden State Warriors will win by not less than 12 points (-11.5) or Dallas Mavericks will lose by at least 8 points (+8).
Live Betting
You can also place your wager while the game is in play. You can bet in various ways like over/under, which team will win the first quarter, and more.
Top Basketball Tournaments to Bet on
There are several basketball leagues all over the world to bet on. Among them is the NBA, which is considered to be the best in the world. The NBA has a total of 30 teams and a long playoff system. You’ll hardly run out of options when betting on the NBA championship.
The Euroleague is a meeting of the best European teams from countries like Italy, Turkey, Russia, France, and Spain. The Euroleague is different from the NBA championship as it is played in a best five series before coming up with the top four.
CBA (Chinese Basketball Association) is another popular basketball league, with many of its players having crossed over to the NBA and vice versa.
Other basketball tournaments to wager on include the following:
- Spain Liga ACB
- VTB United League
- WNBA
- New Zealand NBL
- Italy Lega A
Basketball Betting Tips & Advice
Read on to learn a few tips and tricks that can help you make successful wagers in any basketball game.
1. Know how the team’s form is: A team can be fatigued from performing in different leagues without much resting, thereby, affecting its outcome. You may also find out that some key players may not be in the lineup for the next game, which could also affect the outcome.
2. How motivated are teams? You must consider the importance of a game to know how motivated the players are. For instance, a local derby, a relegation match, or a top-of-the-table match has a huge effect on players' motivation.
3. Who has the home advantage?: Since no team wants to lose a game when playing at home, there is an emotional need to please its fans. Even underdogs can stop up and topple the favorites when playing in front of their home crowd.
How to Deposit Bitcoin Into Your 1xBit Account to Bet on Basketball
Here’s a walkthrough of how you can bet on basketball on 1xBit.
Register a 1xBit account
To create a 1xBit account, click on the green icon “Register” on the top left side of your screen to fill in your details. After successful registration, deposit Bitcoin or any other cryptocurrency to your 1xBit account to start betting on basketball.
Select your matches
Click on the ‘Sports’ tab on the top left side of your screen and select ‘Basketball’ from the drop-down list. Select your odds for either single or multiple matches and check odds details on the right side of your screen.
Place your bet
After choosing your odds, place your wager by entering the amount to stake on the right side of your screen. The amount staked will be deducted from your 1xBit account.
All your winnings will be deposited to your 1xBit account in Bitcoin (denoted as mBT), and you can withdraw your winning in Bitcoin or one of 40+ other cryptocurrencies into your personal crypto wallet within minutes.
Click here to sign up to 1xBit to start betting on all your favorite basketball tournaments.