This page addresses betting on basketball, especially the NBA. The characters in this pages are based from seasons beginning 2013. It’s assumed the reader understands sports betting. If this is not true, please see my page on sports gambling first.
Betting Against the Spread
Normally, the house team wins 58.4% of the time and scores 2.70 more points than the road team. As the following table shows however I show road teams to be the value. The table is based on placing 11 to win 10. The return column indicates the anticipated percentage of cash won (or lost when negative) to cash bet. As you may see, betting house teams has a house advantage of 6.22 percent, whilst street teams are only 2.70%.
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