You should definitely be using a bet calculator when betting on basketball

As you are probably aware, sports betting in this day and age, is now more popular than ever before. Thanks to the joys of modern technology, as well as the wide range of betting tools such as bet calculators, betting on a variety of sports and events is now as simple as ABC.

In the United Kingdom, when we think of sports betting, there are certain sports and events that we think of right away. Horse racing is right up there, along with football (soccer to our overseas readers) and boxing, to name but a few. One lesser-known sport when it comes to sports betting, however, is basketball, and it is basketball betting that we’re going to look at today.

What is a bet calculator?

Whereas basketball betting isn’t all that well known over here, in the United States it is incredibly popular. The thing with basketball betting is that it can be incredibly complex, which is why it’s important to understand what you’re betting on, how bets work, and more. Here’s a look at basketball betting and why bet calculators are so useful.

To get the ball bouncing (see what we did there?) we’ll begin talking about what a bet calculator is. You’ve probably read about bet calculators online, but what the heck are they?  A betting calculator is actually a very simple tool designed to make betting on sports at Betfree and take the guessing and “going with your gut” out of betting thus making bookmaking as simple as possible.

Betting calculators are there for times when you don’t fully understand how more complex bets work. Say you’re creating an accumulator, a Yankee bet, or a Goliath bet perhaps? The good news is that the internet is full of free web-based tools, mobile solutions and other online services. Bet calculators are no different, as most that you find online, as browser extensions, mobile apps, and online calculators are often free, so you add that to your bet.

As these bets consist of many different bets all rolled into one, working out how much it will cost, and how much you stand to earn if your selections come in, would take all day if you worked it out in your head. With many bet calculators, you can simply enter the bet type, the odds, your stake, and a couple of other pieces of info if necessary, I.E each way or not, and then simply let the calculator work everything out for you.

Types of basketball bets

As we’re talking about basketball betting, we’d be remiss if we didn’t talk about the different types of basketball bet to choose from. These include:

  • Point spreads Basketball is most commonly bet with a point spread system. Say for example, say the Los Angeles Lakers are a favorite by 10 points, in order for the spread to be covered, they would need to win by 10 points or more. Any other scenario where the Lakers win or lose by less than 10 points, would mean that bets against the spread would be successful.
  • Parlays A parlay is where you string bets together in order to increase your winnings. This is where a betting calculator would be handy.
  • Point totals Also called under/over betting, this is very simple to understand. Basically, you bet on whether the two teams playing will fail or succeed to make a total score combined.
  • Money line Money line betting is basically where you bet on which team you think will win the game.

Now that you know everything about bet calculators, you should definitely be using a bet calculator when betting on sports. It might not be as fun, but if your goal is to win money, then a betting calculator removes some of the risks out of online gambling.

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