There are plenty of sports bettors who might feel compelled to break away from other sports to focus on basketball.
If you’re someone who wants to give betting on the NBA a try, now’s a great time to get started. In order to get off to a hot start, here are 7 mistakes new NBA sports bettors tend to make.
1. Betting Like a Basketball Fan
One of the most common mistakes new sports bettors make is gambling like a fan. Being a sports fan doesn’t decrease your chances of winning bets.
Sports fans who are brand new to gambling can be overconfident when they start betting. That’s because they think they’re more than qualified to predict outcomes and select winners.
When you bet like a fan, you can expose yourself to listening to your heart over your head. Certain basketball gamblers are influenced to gamble on the teams and players they like best.
All sports bets should be made due to logical reasons that are well thought out. Rationalizing a wager because you’re a fan of a team, or just think they’ll win is a losing sports betting strategy.
2. Placing Bets at the Wrong Time
It should go without saying, but new bettors need to do everything in their power to increase their chances of winning money.
That statement probably means something different for different types of bettors. But, when you first start betting, this should be interpreted as simply as possible.
You need to take advantage of every single edge possible. That means shopping around for the best lines, betting on the teams you’ve analyzed the most, and placing bets at the correct time.
Once again, that can be interpreted in multiple ways. But, when you’re starting to place wagers I would recommend a few things.
In the load management age, key players are given nights off all the time. When beginners place their bets too early, they run the risk of having the team they bet on giving its star player the night off.
3. Focusing on One Player Instead of the Team
Its superstars have more celebrity status than any other sports league for a variety of reasons.
- The NBA excels at shining a spotlight on its best players
- Players aren’t scared of speaking up on social issues
- The league doesn’t shy away from letting players think for themselves
- Other celebrities (such as musicians) glamorize the NBA and often feature players in songs and videos
- Many players are experts at building a brand for themselves both on and off the court
Due to the celebrity status of top players, many casual fans have grown to know and love particular players. This can lead to certain basketball fans rooting for individuals instead of teams.
But, as you should already know, basketball is a team sport. When you only focus on one player, you’re ignoring several important factors that can influence a game’s result. Sure, your favorite player might be able to put up 50 points on any given night. But, if his team is subpar, then they’re going to lose more games than they win.
Before you place a bet due to one player’s prominence, remind yourself that a basketball team is bigger than one person.
4. Ignoring Other Influences on Games
Several moving parts go into a basketball game. Unfortunately, beginners often ignore things that can occur before the game even tips off.
Teams are starting to become more aware of the effects of overplaying superstars and running them ragged before the postseason.
With all of the analytics and splits available to gamblers, there’s no excuse to lose a bet because you forgot to make some basic internet searches.
5. Only Paying Attention to Offensive Production
Offensive production and play-making are a lot more enticing than a player’s defensive capabilities. Causal fans and novice gamblers are more likely to hype up a player’s 50-point-performance than his lockdown defense.
However, the importance of the defensive side of things cannot be overstated. When you ignore a team’s defensive output, you’re ignoring 50% of the game. I know that defense isn’t glamorous but defensive matchups can make all the difference in a game.
Take a hypothetical game featuring the Jazz and Nuggets. The Nuggets big-man and reigning MVP Nikola Jokic is one of the most dominant offensive forces in the league. On most nights, Jokic will make the opposing big look silly. However, the Jazz has one of the best defenders in the league, Rudy Gobert, to counter the Nuggets center.
If you didn’t recognize this type of matchup you run the risk of making some foolish bets.
6. Not Thinking Outside of the Box
Betting on the NBA is complicated, and many beginners don’t make it any easier on themselves. One of the best things you can do as a gambler is to start thinking outside of the box.
Other types of wagers like props, futures, and even the occasional parlay can open your mind to other aspects of sports gambling.
7. Trying to Live Bet Way Too Early
Live betting is the most exhilarating type of sports betting. But, if you’re new to betting, it’s also one of the most ill-advised types of betting.
You can’t expect to immediately start winning live bets. Not only is it complicated for beginners, but it’s also usually not done under the best of circumstances.
Until you can keep up with the pace of play and understand line movement, stick to betting on the games before they tip-off.
Conclusion
Now that the NBA is back, it’s time to turn your attention back to basketball. If you’re a novice sports bettor looking to get your feet wet, there are certain mistakes you need to avoid.
Make sure to focus on the important influencers that will impact a team’s performance, instead of betting based on which teams you like. In other words, don’t bet like a sports fan. Be sure to time your bets just right and pay attention to which teams are giving stars the night off.
The offense might be more exciting, but monitor a team’s defensive performance and don’t ignore the other side of the floor.