How to Bet on the NBA Finals 2024

The NBA Finals are one of the most exciting events in sports, attracting attention from fans and bettors around the world. At Galera Bet, we offer all you need to engage with the Finals in a thrilling way by placing bets on various aspects of the games. Read on to learn about the most common bets, some unusual bets, effective betting strategies, and more to help you make informed decisions during the NBA Finals.

Common Bets

If you are just getting started with NBA Finals betting, then you should consider the following common types of bets.

Moneyline Bets

Moneyline bets are straightforward and popular among bettors. This type of bet involves simply picking the team you believe will win the game. Each team is assigned odds based on their likelihood of winning. For example, if the Denver Nuggets are favourites to win a game, their odds might be -150, meaning you need to bet £150 to win £100. Conversely, if the Boston Celtics are the underdogs with odds of +130, a £100 bet would win you £130.

Point Spread Bets

Point spread betting is another common form of wagering on NBA games. The spread is a handicap given to even out the playing field between two teams. For example, if the Oklahoma City Thunder are favoured by 5.5 points against the Minnesota Timberwolves, the Thunder must win by at least 6 points for you to win the bet. If you bet on the Timberwolves, they need to either win the game or lose by 5 points or less.

Over/Under Bets

Over/Under bets, also known as totals, involve betting on the combined score of both teams in a game. For instance, if the over/under is set at 210.5 points, you can bet on whether the total score will be over or under that number. This type of bet is popular because it focuses on the overall performance of both teams rather than the outcome of the game.

Unusual Bets

Those looking to branch out with their betting may want to place some of the following bets:

Player Prop Bets

Player prop bets focus on individual player performances rather than the outcome of the game. Examples include betting on the number of points a player will score, the number of rebounds, assists, or three-pointers made. For instance, you might bet on whether Nikola Jokic will score over or under 25.5 points in a game.

Series Bets

Series bets allow you to wager on the outcome of the entire NBA Finals series rather than individual games. This includes betting on which team will win the series and in how many games (e.g., Nuggets to win in 6 games). This type of bet requires a broader understanding of both teams' abilities and potential performance throughout the series.

Live Betting

Live betting, or in-play betting, allows you to place wagers during the game as the action unfolds. This type of betting can be exciting and dynamic, as odds change based on the current state of the game. For example, if a team starts the game poorly but you believe they will make a comeback, you can place a live bet on them at potentially more favourable odds.

Betting Strategies

While it can be tempting to just bet on your favourite team to win, the following betting strategies will give you a better chance of winning.

Research and Analysis

One of the most important aspects of successful betting is thorough research and analysis. Study team performances, player statistics, injury reports, and recent form. Understanding how teams match up against each other and identifying key players can provide valuable insights. For example, if a team's star player is injured, this could significantly impact their chances of winning.

Manage Your Bankroll

Effective bankroll management is crucial for long-term betting success. Set a budget for how much you are willing to wager and stick to it. Avoid chasing losses by placing larger bets to recoup previous losses, as this can lead to further financial strain. Instead, bet a consistent percentage of your bankroll on each wager.

Consider Home-Court Advantage

Home-court advantage can play a significant role in the NBA Finals. Teams often perform better at home due to familiar surroundings and supportive crowds. When placing bets, consider the impact of home-court advantage, especially in closely matched games. For example, a team with a strong home record might be a safer bet when playing at home.

Look for Value Bets

Value betting involves finding bets where the odds offered by the sportsbook are higher than the actual probability of the event occurring. This requires careful analysis and an understanding of the sport. For example, if you believe the odds on a particular underdog are too high based on their recent performance and matchups, this could be a value bet worth considering.

Diversify Your Bets

Diversifying your bets can help spread risk and increase your chances of winning. Rather than placing all your money on a single type of bet, consider a mix of moneyline bets, point spread bets, and player props. This approach can provide a more balanced betting experience and mitigate potential losses.

Explore Galera Bet’s Markets today

The NBA Finals offer numerous exciting opportunities for bettors. At Galera Bet, we provide a wide range of betting options to enhance your experience and make the most of this thrilling event. By understanding the different types of bets, employing effective strategies, and conducting thorough research, you can make informed decisions and enjoy the excitement of the NBA Finals.

Whether you're a seasoned bettor or new to the world of sports betting, the NBA Finals provide a perfect opportunity to engage with the sport at the highest level. Visit Galera Bet to explore our betting options and join the excitement of the NBA Finals. With a bit of luck, you’ll soon be celebrating some winning bets.