NBA and NBA odds: online sports betting Malaysia tips 2023

NBA betting & odds explained : About NBA & NBA Betting 

Basketball  online betting is one of the popular online sports betting in Malaysia, and even worldwide. The NBA (National Basketball Association), is the premier basketball league in the world, featuring 30 teams playing for 82 games in a regular NBA season to win the league championship. The NBA season runs from October to April. The popularity and support for the NBA also increased the online sports betting demands as fans and bettors can gain some extra money from their knowledge and predictions about NBA games.  In this article, Ugrado will explain the basics of NBA betting strategy to maximise your win., parlay betting and types of parlays betting. 

How to place NBA Bet in Malaysia ? 

1. Select the reputable and suitable sportsbook

Research for an online sportsbook that offers NBA betting options with a good reputation for payment and competitive betting odds. Other factors like customer support and betting types also can take into consideration when choosing a reputable online sportsbook, Make sure the sportsbooks have the legal and trusted validation from third-party platform to better secure your betting experience. 

2. Study the team and odds before placing the bets

Select the type of NBA bet you want to place, some of the popular options include moneyline bets, point spread bets, over/under bets and more. Don't forget to double-check the betting odds to ensure a higher winnings. 

3. Choose your bet and stake

Once you have chosen your desired bet, enter the stake amount (the amount of money you want to wager) and confirm the bet. 

4. Enjoy the game and track your bet

It's essential to gamble responsibly and always seek guidance from reputable sources or third party validation site.

NBA betting & odds explained : Parlay Betting Strategy 

To increase the betting excitement, there’re many types of bets on individual matches, and even the overall season in the sportsbook market. Parlay betting is one of the popular sports betting as this betting gives out high payout, even though it has a higher risk.

Read more about basketball betting 

Parlay Betting Strategy | What is Parlay Bet?

A parlay bet (also known as accumulator betting), means combining two or multiple bets into a single wage, bettors only can win if all the individual bets within the parlay succeed. Bettor will lose if any one of the individual bets loses.  

Tips: A single bet implies a probability of 52.38 percent to win, while a two-pick parlay has a probability of 27.78 percent to win.

Example: 
Let's say you want to bet on three NBA games: the Lakers to beat the Clippers, the Lakers to beat the Clippers and the Rockets to beat the Suns. If you were to place a standard parlay bet, you would combine these three individual bets into a single wager.

Parlay Betting Strategy | How to calculate Parlay Bet odds?

Calculating parlay odds can be a bit more complicated than calculating odds for a single bet, as it involves factoring in the odds for each individual bet within the parlay. Here's a breakdown of parlay odds calculation:

1. Convert US Odds to Decimal
For example, if the Lakers have odds of -150, the Celtics have odds of -120, and the Rockets have odds of +110, the decimal odds would be 1.67, 1.83, and 2.10, respectively. 

Positive US Odds: Decimal Odds = (US Odds/100) +1
Example: +110 US Odds = 2.10 Decimal
+110/100 = 1.1+1 = 2.10 Decimal odds

Negative US Odds" Decimal Odds = (100/US ODDS) + 1
Example: -150 US Odds = 1.67 Decimal
100/150 = 0.67 + 1 = 1.67 Decimal odds

2. Combine two individual bets into a single wager by multiplying the decimal odds for each bet together. So the odds for this parlay bet would be 6.41. Indicating that bettor is able to get $641 from every $100 bet on the parlay, if all the individual bets win. However, the entire parlay bet would lose if either one of the bets lost.