NBA Betting Online: Bookmaker Sportsbook is back with another look at one of the 30 teams in the NBA in preparation for the 2012-13 season. The Chicago Bulls are a tough team to gauge on the basketball odds for the coming year, knowing that injuries are of the utmost concern.
Beating the basketball odds is never something that is easy, but we are here to help you out. Today, we are analyzing the Chicago Bulls and their chances of living up to their hype in the 2012-13 NBA season.
We don't care who the MVP of the NBA was last year according to the award. It is clear that the most valuable player in the league was Derrick Rose. Case in point: Rose has led this team to back-to-back #1 seeds in the NBA playoffs, something that isn't easy to do. In the playoffs without Rose though, the Bulls were a shadow of their old selves, and they were bounced out of the playoffs in what really didn't amount to be all that much of an upset on the basketball betting odds against the Philadelphia 76ers.
It could be January. Or it could be March. Or it could be the 2013-14 season. Those are all possibilities for when the next time is that we see D-Rose in the fold. That's why Chicago went out and got Kirk Hinrich in free agency. Rookie Marquis Teague can run the point, and he can also join at the 2-guard spot, where Richard Hamilton and Marco Belinelli are going to be manning the position.
The key for the Bulls on the basketball gambling odds though, is dominating on the glass. Omer Asik is now gone, but the key players, Carlos Boozer, Joakim Noah, and Luol Deng are all back, and all three of them can go off for double-doubles on any given night. Nazr Mohammed is a veteran that has been a double-double man in his own right, but we don't expect to see much of him, save for some scattered minutes here and there.
Chicago tied the San Antonio Spurs for the best record in the league last year at 50-16. The Bulls had the best ATS record on the basketball wagering odds at 38-27-1 to boot. The team was an 'under' machine at points during the season, but in the end the Bulls settled at 31-34-1.
This year all hinges on Rose. If the Memphis Tiger comes back healthy, this is one of the best teams in basketball. If not though, it is still a good enough team to win the Central Division, the weakest in the league by a country mile. Even if Rose doesn't make a comeback until March or April, as long as he is in the lineup and ready to go full bore by the playoffs, this might finally be the year in which the Bulls can get back to the NBA Finals for the first time since Michael Jordan left.
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Basketball Betting - How to bet on the Chicago Bulls
Point Spread Betting
Point spreads are used in sports betting to even the odds of a sporting event. The goal of the point spread is to even the action on each side of a particular contest. For instance, in a game between the Chicago Bulls and Boston Celtics the point spread may appear as follows:
- Chicago Bulls -2.5 (-110)
- Boston Celtics +2.5 (-110)
This means the Chicago Bulls are 2.5 point favorites. In order for a bettor to win by picking the Lakers he must win by three points or more. In order to win picking the Boston Celtics they must lose by 2 points or less. The easiest way to calculate this is to add 2.5 points to the Boston Celtics final score.
The (-110) after each bet is the juice. In order to profit $100 a player must bet $110. The point spreads are generally determined by the amount of betting action on each team and they can move throughout the week or day. The sportsbooks want the same amount of money wagered on each team. If one team is gaining all the action (money bet), the sportsbooks will alter the point spread to entice bets on the other team, thus evening out the total money wagered.
This type of wager is used strictly on the outcome of a game. The difference in points does not matter, as the odds are based on a team's probability to win the game. The favorite team will appear with a negative number. The underdog (more likely to lose) will have a positive value. A tipical money line for NBA betting would look like this:
- Chicago Bulls -300
- Boston Celtics +280
In the bets described above, a person betting on the favorite would have to risk $300 to win $100. For someone betting on the underdog, a wager of $100 would win $280. In each case the team must win the game outright in order to pay the bettor.
Over/Under wagers are bets on the point-total of a given game or event. Point spreads will typically end in .5 to avoid pushes. A typical over/under wager would appear as follows:
- Chicago Bulls/Boston Celtics Over 210.5 (-110)
- Chicago Bulls/Boston Celtics Under 210.5 (-110)
If the total score for the game is 211 or higher the players wagering on the "over" win. If the total score is 210 or lower, the players wagering on the "under" win.