Basketball Betting Rules
Basketball Betting General Rules
Official Game Time
Bets are considered official after 43 minutes of play (NBA) or 35 minutes of play (NCAA). If the official time of play is not conducted, a bet on the team is treated as no action, and a parlay bet will be reduced accordingly.
Betting on Basketball | Basketball Betting Rules
Basketball Betting | Straight Bet
This wager is made when you choose a team and the point spread. The cost of the wager is 10/11 or $110 to win $100.
Example:
Toronto Raptors +6
Chicago Bulls -6
- If the straight bet is on the Bulls -6 then the Bulls must win by 6 or more points for the wager to win.
- If the straight bet is on the Raptors +6 then the Raptors cannot lose by more than 6 points for the wager to win.
- If the game lands on 6 pts. then the game is a "push" and will result in “no action”
Basketball Betting Rules| Totals (Over/Under)
This is a wager on the combined scores (total) of a game. That being over or under the posted line. The cost of the wager is 10/11.
Example:
Dallas Mavericks
Indiana Pacers
TOTAL IS 178
- If you place a wager for UNDER 178, the combined total score of both teams must fall UNDER 178 pts.
- If you place a wager for OVER 178, the combined total score of both teams must go OVER 178 pts.
- If the combined total score falls on 178 pts. the wager is a "PUSH" and there is "NO ACTION".
Basketball Betting Rules | Money Line
With this type of bet you wager which team is going to win. Disregarding the point spread.
Example:
Orlando Magic -280
Houston Rockets +240
- If you wager on Orlando -280 you lay $280 to win $100.
- If you wager on Houston +240 you lay $100 to win $240.
Basketball Betting Rules | Parlay
This play is a selection of teams in no particular order, in one play. All teams must win by the pointspread margin. The more amount of teams, the greater the payoff.
Example:
2 team parlay for $100
Portland Trail Blazers +4
San Antonio Spurs -10
- The payout in a 2 team parlay is 13/5 this means you are risking $100 to win $260. In case of a tie or no action the parlay will revert to the lower level payoff, except in a 2 team parlay where a tie reverts to a straight bet.
Basketball Betting Rules | Teaser
This is a bet in which 2 to 7 teams are selected together in one wager with an adjusted point spread. In a teaser you can add points to the sides or mix both sides and totals adding or subtracting to the totals. If one selection loses, the teaser is considered a loss.
Example:
2 team teaser 5pts for $100
Lakers +4+5 pts = the teased line is now +9
Knicks -3+5 pts = the teased line is now +2
- The payout in a 2 team teaser for 5 pts. is 10/13 In this case you will lay $130 to win $100.
Player Props
All players must take the court and play for action. Results are based on the official stats from the game.
Team Totals and Special Spreads
The game must be completed up to within 5 minutes of normal duration.
Basketball Betting Payoffs
| BASKETBALL TEASER | |||
| POINTS | 5 pts | 5½ pts | 6 pts |
| 2 Team | -110 | -120 | -130 |
| 3 Team | +180 | +160 | +150 |
| 4 Team | +300 | +250 | +200 |
| 5 Team | +450 | +400 | +350 |
| 6 Team | +600 | +550 | +500 |
| 7 Team | +800 | +700 | +600 |
| * TIE + LOSS = LOSS * TIE + WIN = PUSH | |||
| SPECIAL BASKETBALL TEASERS | |||||||
| +7 | +7½ | +8 | +8½ | +9 | +9½ | +10 | |
| 3 Team | -120 | -125 | -130 | -150 | -160 | -170 | -180 |
| +9 | +9½ | +10 | +10½ | +11 | +11½ | +12 | |
| 4 Team | -130 | -140 | -150 | -160 | -170 | -180 | -190 |
| PARLAY ODDS | |
| 2 Teams Parlay | 2.644 |
| 3 Teams Parlay | 5.957 |
| 4 Teams Parlay | 12.283 |
| 5 Teams Parlay | 24.353 |
| 6 Teams Parlay | 47.398 |
| 7 Teams Parlay | 91.394 |
| 8 Teams Parlay | 175.379 |
| 9 Teams Parlay | 335.708 |
| 10 Teams Parlay | 641.775 |
| Note: Maximum parlay payout is $ 150,000 | |
| BUYING POINTS | |
| Lay | |
| ½ point | -120 |
| 1 point | -130 |
| 1½ points | -140 |
| 2 points | -150 |
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