How to Bet on Basketball: 8 Profitable NBA Tips for 2023 Season

The NBA season might be changing for the players and coaches, but it is also for the bettors. No wonder we will see 30 teams competing against each other. Furthermore, there are 82 exciting games to follow. On top of that, the post-season lasts for two months. Therefore predicting the outcome isn’t that simple. When the new season approaches, it is time to perfect your betting strategy. After assessing the best UK betting sites for basketball, it is time to consider the profitable NBA tips for the 2023 season.

Do it early

Gaining advantage is best done when you bet as early as possible. The NBA is a big market, so expect the latest updates soon. For example, you will instantly hear about any player’s injury. In addition, you can profit from any mistakes released by the sportsbooks. The bookmakers will adjust the lines according to the updates. With this, the lines will be more accurate at the end of the day. If you’re on the East Coast, you might want to start betting at 8 am.

As you get more experience, you will know how to read the market and when to act. However, betting early isn’t always applicable. In some cases betting later would be more beneficial.

Check the reports

The injury reports are of enormous importance for betting. Don’t forget that one player can have a significant impact on the basketball game. Unlike football, where the team consists of five players, the basketball team, composed of five players, will experience substantial changes if anything happens to one person. This is where you should take early betting carefully. Injury news can come through the days, changing the whole direction of the game. If you bet early, stay updated with the latest news to act quickly.

Likewise, don’t forget that some sportsbooks might react slowly to such news. So you would want to say that to your advantage. Another thing to have in mind is the coaches. Mind their press conferences where they can reveal important details.

Possessions

The number of possessions in a match is significant for crafting your betting strategy. Account for the pace as a factor that determines the possessions in a game. Also, be sure to assess how teams with different paces play. The offense can sometimes slow down the game, so you must also account for this. 

Live betting

Live betting is prevalent among sports enthusiasts as it allows you to place bets after the beginning of the game. This will enable you to add excitement to the game while considering all the direct factors that impact the game. The odds change during the game so the bettors can profit from the volatility. When the game starts, we have plenty of information available. This info isn’t available before the match begins. Therefore sportsbooks will use their advanced algorithms to change the lines according to these updates. 

For effective live betting, there are a few rules to follow. First, you should wager during breaks or commercials. Keep track of the live updates about any occurring injuries. As we mentioned before, this is an essential factor to consider. 

Final thoughts

Betting on basketball doesn’t have to be challenging even if you are a newbie. Consider the tips we share for the upcoming season. As with any sport, it is essential to choose the right sportsbook. Shopping around to find the best lines is highly recommended. Different sites provide different betting spreads.