10 Common NBA Betting Terms

The NBA, or basketball in general, is a fast-paced end to end game. Hence, it is one of the most exciting betting markets you can bet on. But the gambling industry is also competitive , so you have to be highly-knowledgeable to compete against the bookmaker and other bettors. With that, you need these 10 common NBA betting terms:

Point Spread - the handicap given by the bookmaker towards the favored team and the underdog. The team expected to win by the oddsmakers is called the favorite, while the team expected to lose is called the underdog. 

ATS ("against the [point] spread") - You will always encounter this when betting on NBA. The most commonly used betting phrase is ATS or Against the Spread. This means that a bettor is wagering against the betting line where the stake will be decided by adding points to one team or the other after the game

Accumulator - If you love to try exotic bets, you should know this term. Accumulator is a bet consists of 2 or more selections (similar to parlay and all up betting), where the payout from the first winning bet is placed on the next bet and the succeeding ones after that.

Back - A term used in betting exchange sites. In here, you bet that an outcome is going to happen, opposite of “Lay”.

Bookie - another term for bookmakers or sportsbook. 

Cover - this term is an action that needs to be done to beat the spread. Related to ATS, covering the spread means winning by a certain margin or losing by less than a specific number over the bets placed on the favored team or the underdog. 

Halftime Bet - a bet made after the first half ended and before the second half of the round begins. Apart from NBA betting, this is also use in football betting. The oddsmaker or bookmaker starts with half of the game side or the total and then adjust the odds based on what happened in the first half. 

Juice - also known as the sportsbook’s overround or the commission the sportsbook gets every time you place your bet. 

Teaser (US) - another exotic bet on the list is Teaser. This type of bet can commonly be seen in US’ sports betting glossary of terms. It is a combination of 2 or more wagers. Unlike parlays, bettors can adjust the point spreads for the games in Teasers.

Totals - another term for total goals/runs. A type of wagering where the bettor determines if the total points scored in a game will be over or under a predetermined amount. This are usually used in over-under bets.

NBA Betting Software Powered By APIs

If you want to have a systematic betting activity, you need to resort to a reliable and innovative NBA betting software. After all, every competitive bettor use this type of software to beat the sportsbook’s overround or the house edge. If you’re on board, here’s everything you need to know about betting software and APIs. 

 

Betting Software and API

There are hundreds of betting sites and betting exchange sites catering to NBA markets today, and each of them make sure that they offer the best betting software and API to customers--both new and existing. An API-based betting company promises bettors access to personal data, and it will allow them to add legal and real-money gambling activities through desktop or mobile. Some of the most popular API protocols used by bookmakers are JSON-RPC and SOAP. 

Most software for NBA betting are powered by API. These are computer programs created to help you with your betting by directing your bets through the sportsbook’s Application Program Interface or APIs. They give specifications for the routines, variables, and data structures of the betting site. With their basic functions, they are referred to by developers as “bots” or robots.

The power duo of API and NBA betting software enables regular bettors, live traders, and punters have an advantage over the bookmaker when anticipating odds shift during the game. This is because APIs makes use of price trend modeling instead of betting knowledge to predict the outcome. The odds may change along the way, and they are completely dependant on the price changes presented by the bookmaker.

API Solutions

An NBA betting software with the right API solutions can give you tons of impressive features. The complete services an API betting software can provide are as follows:

Sportsbook Service - overall, this gives every bettor all the advanced betting feature for all types of sports betting game.

Live score - an API solution can give real-time data. It stipulates the current live games scored by the NBA teams. You won’t have to look at the NBA’s live streaming services anymore. 

Live odds - another real-time data is the live odds provided by the bookmakers. This feature enables gamblers to create new betting market.

All-Sports Selection - because of the all-inclusive services these bots or API can provide, you can have access to thousands of sports. Aside from NBA betting, you can bet on soccer, football, cricket, ice hockey, baseball, horse racing, and more.

NBA Betting Tips and Tricks

Betting is not an easy profit-making activity. It’s not a business with guaranteed wins. You can win and you can lose as there is no middle ground when gambling is involved. Fortunately, you can follow some NBA betting tips to increase your chances of winning. Read on below and try to follow our pointers religiously. 

Use Cryptocurrencies For Betting

There’s no doubt that Bitcoin is the widely-accepted mode of payment in all sportsbooks. We assure you that you can never go wrong with Bitcoin. Just register for a Bitcoin wallet, fill it up with digital coins, and use it for registering an account. Enjoy anonymous betting, bonuses, free transactions, and fast withdrawals or deposits every time you bet on the NBA. 

Know How The Actual NBA Works 

Understanding and knowing how the NBA works will allow you to consistently understand the matches going on, whatever teams are playing. You don’t have to be a professional player to master the rules and the gameplay. As long as you have a betting knowledge and foundation, you can follow what’s going on every match when a tournament begins. You don’t need to worry as basketball mechanics are not that complicated. Besides, the NBA is so popular. 

Try To Remain Analytical 

Impulse betting is where an NBA bettor places a bet on whichever matches are available. It’s a practice where the bettor doesn’t care about the players and the matches, all he thinks about is he needs to win. This is a common rookie mistake. It’s something which many online punters do. Hence, one of our tips and tricks for NBA betting is to remain analytical while betting. Only rely on the data and statistics provided by experts.

Track Your Betting Record

Always jot down notes highlighting your losing and winning streak. Tracking your wins and can help you see how much money you’re throwing away and how much money are you earning in the long run. It will definitely change the way you gamble. In your record, write or jot down the type of bet you always wager, the stake, the return, and the profit or loss every bet. If you’re always encounter losing streaks, do a SWOT analysis. 

Don’t Chase After Your Losses

Never chase after your losses. Losses are a part of gambling, regardless if you have an effective list of NBA betting tips. You will not win every time, and you have to deal with it. You have to overcome your losses and come up with a new betting strategy to change the tide.