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How To Start Basketball Betting?
The Swedish Gambling Authority, Spelinspektionen, is very strict when it comes to licensing, regulations, games selection, sports betting, and payment methods. That’s why Swedish casino players and bettors look for reviews of international platforms for fair gaming, smooth sports or basketball betting, and transparent/secure transactions.
So, this is where platforms like MGA casinos come into play. These have thousands of casino games and reasonable sports betting options for Swedish and Scandinavian players. Here are the steps to start betting:
- Choose an online betting platform from the list above.
- Click the “Play Now” button to visit the betting site’s registration page.
- Provide the necessary details, such as your name, address, and email.
- Verify your account by clicking the verification link in your email inbox.
- Deposit the minimum amount required for basketball betting.
- Leverage the welcome sports bonus to streamline betting on basketball.
The registration process at international betting platforms is more streamlined and smoother than platforms licensed by the Swedish Gambling Authority.
Best Basketball Betting Sites in 2024
Although the most famous international platforms for basketball betting are Betfinal and Hexabet, I have compiled a list of the best online betting sites for basketball, particularly for Swedish players. The list is based on my thorough research and experience with these platforms. I used various parameters, such as sports bonuses, free bets, user interface, payment methods, competitive odds, in-play betting, etc. Here are the top basketball betting sites for Swedish bettors:
Basketball Betting Site | Top Features |
Rise of Bets | 1000 euros welcome bonus + live sports betting |
Punterz | 1000 euros welcome bonus + 10% daily cashback |
Instawin | Play’n Go Betting + faster deposits and withdrawals |
Scara Bet | 200 euros welcome bonus + live sports betting |
21Red | 100 euros sports bonus + instant withdrawals |
Bet Inferno | 250 euros welcome bonus + faster withdrawals |
QuickBet | Live sportsbook + no registration + instant withdrawals |
Snatch Casino | 6000 euros welcome bonus + live sports betting |
Slots Hammer | 100 euros sports bonus + superfast withdrawals |
Bet Hard | 100 euros welcome bonus + quick registration |
Types of Basketball Betting and Markets
Basketball is one of the most popular sports in Sweden. Bettors in Sweden and nearby European countries prioritize football betting, but they also consider basketball to be the best sport for online betting. Basketball has different types of betting and markets. Let me first discuss the types of basketball betting for Swedish enthusiasts.
Fixed-Odds Betting
Fixed-odd betting is popular among Swedish and Scandinavian bettors. It is a traditional type of betting where an online site offers you odds at the time of placing your bet. Keep in mind that these odds determine your profits.
For example, if the odds for the Los Angeles Lakers to win are 2.50, and you place a bet of 100 euros, you will receive 250 euros if the bet is successful. Qbet is one of the best sites for fixed odds betting on basketball and other sports. However, it also offers different types of betting.
Betting Exchanges
Unlike fixed odds betting, exchanges allow you to bet for or against the outcomes of a basketball match. Betting exchanges are different from other basketball bet types because they let you determine the odds yourself. For instance, you can bet against a basketball team to win. It means you will win if any other outcome occurs.
In-play basketball betting is the best option for Swedish enthusiasts. The reason is that you bet on the game while it is in progress. So this allows you to make real-time and informed decisions based on the live basketball action.
You can place an in-play bet if a team like the Miami Heat has an excellent start. So, you can bet on the team to win the quarter or the match. I recommend Hexabet, a Curacao Casino, for in-play basketball betting.
In-play betting has dynamic odds and real-time strategy adjustment as events unfold. So this makes betting more immediate, interactive, and exciting.
Basketball Betting Markets
Basketball has a wide range of betting markets, including tennis betting, ice hockey betting, and other sports. Let’s talk about the best betting markets for basketball, which are:
- Moneyline
- Handicap or Spread Betting
- Over/Under
- Quarter and Half Bets
- Prop Bets
- Futures
- Parlays
Moneyline
Moneyline is the simplest basketball betting market. It involves picking the winner of a basketball match. Regardless of the point spread, you bet on a team to win against another team. For example, you bet on the Cleveland Cavaliers to beat the Golden State Warriors.
Handicap/Spread Betting
A handicap, also called spread betting, is another exciting betting market in basketball for Swedish players. You can use this betting market to level the playing field between two basketball teams of varying strengths. For example, if the odds for the Philadelphia 76ers are -5.5 against the Houston Rockets, the team must win by 6 points or more. If Philadelphia wins, you will make money.
Over/Under Markets
Over/under, also called totals betting, allows Swedish enthusiasts to bet on the combined score of both basketball teams. For instance, if the over/under for a game between the Denver Nuggets and the Utah Jazz is at 210.5, you bet whether the match will end over or under that specific number.
Quarter and Half Bets
This is where you bet on the outcomes of quarters or halves. For instance, you bet on the Toronto Raptors to win the first half against the Milwaukee Bucks. So, if the Toronto Raptors’ points are more than the opponent’s in the first half, you will win the bet.
Prop Bets
Prop bets mean you bet on the achievements of a specific player or team. Let me give you an example so you understand what prop bets are. For example, you bet on Lebron James to score 28.5 points in a game. Likewise, you bet on the Atlanta Hawks to have over 50 rebounds.
Futures
Futures are another betting market for Swedish players to bet which team will win the basketball championship or tournament. These long-term bets have a good winning margin in betting, especially in basketball. Expert Swedish bettors utilize capper betting and other advanced techniques to predict which team will win the game. So, if you apply these strategies throughout the tournament, you can increase your winning chances.
Parlays
Parlays allow sports bettors to combine multiple bets into a single one for a more substantial payout. For instance, you can bet on the Sacramento Kings, San Antonio Spurs, and Indiana Pacers to win their respective matches. So, these are the best betting markets in basketball. Remember, each offers different strategies and risk levels. So, make sure you choose the ones that suit your style.
Major Basketball Betting Leagues and Tournaments
Here is a list of the major basketball leagues and tournaments.
- NBA
- PBA
- NCAA
- Euro League
- Basketball Championship League
- FIBA Basketball World Cup
- Euro Basket
These leagues and tournaments are good for betting because they have high-profile status and widespread popularity. For example, I recommend Swedish basketball enthusiasts to bet on the NBA for its iconic teams and players. It has top-tier teams and intense competitions. Moreover, the unpredictability of games makes it a thrilling betting ground.
Basketball Betting Tips
Although each bettor follows their specific strategy, the following tips will increase your winning chances by making your bets successful:
- Understand the Point Spread
- Bet on Totals
- Use Parlays and Teaser Bets
- Perform Detailed Analysis
Understand the Point Spread
Point spread means betting on a basketball team to win by a specific margin. For example, if the Boston Celtics have the probability of winning 10 points against the Orlando Magic, the Boston Celtics must win by over 10 points for the bet to win. On the other hand, you can bet on magic. It means the team must lose by 9 points. In that case, you still win the bet. Remember, this method requires a thorough understanding of basketball games, team performance, and matchups.
Bet on Totals
Betting on totals means wagering whether the teams’ combined score in a basketball match is over or under a specific number. I recommend analyzing the basketball team’s defensive and offensive capabilities before placing bets.
So this will help you make informed decisions and place more successful bets with higher chances of winning. Let’s say two high-scoring teams are playing. These teams are the Brooklyn Nets and Golden State Warriors. In that case, you must bet on the “over” because it is more favorable.
Focus on Parlays and Teaser Bets
Parlays bets mean combining various bets into one. I have already explained this above. These bets have higher risks, but at the same time, they provide higher payouts. On the other hand, teasers allow Swedish enthusiasts to adjust the point spread in their favor. So, this increases winning chances but decreases the payout.
Performed Detailed Analysis
If you want to make your bet successful, make sure you always back them with detailed statistical analysis. For instance, these include player injuries, performances, and historical matchups. In addition, I recommend following sports news and updates regularly because this allows you to analyze team form and other real-time factors that can impact basketball outcomes. Moreover, diversify your bets on different games and bet types. Avoid risking all your money on one game or bet type.