Basketball Betting

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How Does Basketball Betting Work?

Basketball is a worldwide sport with major leagues splattered all over the globe.

In Australia, the NBL features some of the best talent. However, the jewel in Basketball’s crown is the NBA in North America, where the best players strut their stuff every week from October to June.

You can bet on Basketball (incl. NBA) with Picklebet. In fact, Picklebet has all the information you need to start betting on Basketball, including betting tips, previews, odds, markets and access to promos under the PROMOTIONS tab.

The Major Basketball Leagues

NBA. The NBA averages 2 million viewers per game in America alone, and is by far the most popular Basketball League in the world. The Golden State Warriors and Boston Celtics won the Western and Eastern conference titles respectively in 2021/22. The Warriors went on to defeat the Celtics 4-2 in the finals.

NBL. The NBL is Australia’s National Basketball League that runs between December and June. The NBL is a mixture of Australian home-grown talent and international talent from other leagues. The NBA consists of 10 teams, including the Perth Wildcats and Sydney Kings - the league’s most successful teams.

NCAA March Madness. Played in March, the NCAA Division I Men’s Basketball Tournament is a single-elimination tournament featuring 68 college teams from the Division I level of the NCAA, to determine the national championship.

PBA. The Philippine Basketball Association is a professional men’s Basketball league located in the Philippines. There are 12 teams in the league which usually runs from April to August.

WNBA. The WNBA was founded in 1996 and comprises 12 teams in two conferences (Western and Eastern). The WNBA season runs from May to August, with the playoffs taking place over August and September.

NBA 2022/23 Betting Information & odds

The 2022/23 NBA season will run from October to June and will consist of 30 teams split into two conferences (eastern and western).

The best players to bet on include Steph Curry (3 point King), LeBron James (G.O.A.T contender), Giannis Antetokounmpo (The Greek Freak), Nikola Jokic (Rebound Wizard) and Kevin Durant (High points shooter). All these players are NBA MVPs.

While the best teams for season 2022/23 include defending champions, Golden State Warriors, last season runners up’ Boston Celtics, plus the Suns, Heat, Grizzlies, Bucks and Mavericks.

NBA playoffs structure

The NBA playoffs take place in June. The playoffs consist of the top 6 teams from each conference, plus 2 wildcard teams. Those 16 teams become 1 through the first round, semi-finals, conference finals and NBA finals. All match ups are played via a Best-of-7 series.

NBA Multi Tips

Recent form. Check your team’s last few games to gauge if they’re in good or bad form.
Match up. Check the head-to-head record between the two teams, you may find the so-called favourite has historically struggled against their less fancied opponent.
Home court advantage. If in doubt, you should probably pick the home team, since they’re on familiar ground, don’t have to travel/stay in a hotel, and have their home crowd behind them.
Roster/line-up. Check the ins and outs for the game - injuries and poor form can significantly alter the outcome of the game.
X-factor. Look for the X-factor. You never know when one of the stars of the competition is going to light it up. For example, Steph to drain 40+ points.

NBA Odds and Best Bets

Looking for the best NBA odds and markets? Here’s some betting markets to skyrocket your odds:

Head-to-Head. Bet on one team over the other. For example, the Bulls to defeat the Heat.
Line betting. Also known as ‘spread betting’, it’s essentially when the bookie handicaps and gives better odds than the Head-to-Head market. For example, if you see Celtics -5.5, that means if the Celtics still win the game minus the line, then the bet results as a win. This is one of the most common bets in basketball.
Total points over/under. If you’re not sure who will win, you could try betting on the amount of total game points. For example, The Lakers and Warriors to score over 180 points combined.
Winning margins. If you’re confident in one team winning, you can bet on the margin. For example, the Magic to win by 21+ points.
Point scorers. Bet on how many points a player might score. For example, Steph Curry to score 30+ points.
Future Bets. These are bets that will result towards the end of the season, so they offer value for long-term plays. For example, NBA Championship odds, Eastern conference champion, Western conference champion, Rookie of the year and NBA MVP.

*Not all betting markets are available at all times.

The Last 10 NBA Champions

Season Champion Runner-up
2021/22 Golden State Warriors Boston Celtics
2020/21 Milwaukee Bucks Phoenix Suns
2019/20 Los Angeles Lakers Miami Heat
2018/19 Toronto Raptors Golden State Warriors
2017/18 Golden State Warriors Cleveland Cavaliers
2016/17 Golden State Warriors Cleveland Cavaliers
2015/16 Cleveland Cavaliers Golden State Warriors
2014/15 Golden State Warriors Cleveland Cavaliers
2013/14 San Antonio Spurs Miami Heat
2012/13 Miami Heat San Antonio Spurs

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