Colorado basketball betting is now one of the most popular ways of getting something extra out of this sport, particularly with the NBA Finals coming up soon. If you enjoy watching the Denver Nuggets or any other team, how can you add the excitement of betting to the sport?
The good news is that it’s extremely easy to bet on basketball games. You just need to know some of the basic details and you´ll be ready to put some money on what you think will happen. Find out about the different bet types and everything else you need to know.
How Can I Bet On Basketball In Colorado?
The first thing you need to do is find a Colorado basketball betting site that you can trust to give you fair odds and keep you safe. For example, the properly regulated and highly rated ClutchBuzz sportsbook lets you bet on all sorts of sports and keeps you safe at all times. Here, you can register as a new user in just a couple of minutes.
- Use the ‘sign up’ button on the homepage to start the registration process
- Complete the username, password email address, and telephone number fields before continuing
- Add the rest of your personal details, such as name and address in the next screen
- Type in your social security number, to verify your identity, and accept the terms & conditions once you´re read them
- At this point, you can now use one of the trustworthy payment methods accepted by the sportsbook, to fund your account.
- Check what the latest promotions give you before placing your first bet, as they give you a chance to get started with a special bonus.
Similar to our guide on Iowa basketball betting, you’ll be up and running with a sportsbook that´s fully licensed for sports fans in Colorado. You can start placing your bets right away, meaning that in just a couple of minutes you’ve gained access to odds from many sporting events across the planet.
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— ClutchBet (@ClutchBetSB) March 16, 2023
How Do You Read Colorado Basketball Betting Lines?
The first thing you’ll want to do when you sign up to a Colorado sportsbook is search for the basketball section.
Here, you’ll find the latest NBA odds as well as college basketball games including Colorado state basketball betting odds for the games involving the NCAA teams in the state, such as the Colorado State Rams, the University of Colorado Buffaloes, and the University of Denver Pioneers.
There’s no need to worry if you’ve never placed any basketball bets before, as the lines are easy to read. The easiest way to understand this is to look at the different bet types listed below, as you’ll see that there are different points to be taken into account with each of them.
What Kind of Bets Are Available For Colorado Basketball Betting?
Find the right kind of wager for your needs every time by knowing about the options. No matter what game you want to bet on, there are several kinds of basketball bets that you need to know about at the beginning.
Moneyline
The moneyline bet is the wager to place when you think you know which of the two teams will win. In this case, you´ll see a negative sign next to the favorite, with the figure next to this symbol telling you the amount of money you would need to bet to win $100. So if the Nuggets are -200 then you need to bet $200 to get a $100 profit. You’ll see the total return on your bet slip, so that means that if you bet $200 you see a $300 return, made up of $200 profit plus your $100 back.
The positive sign on a moneyline bet shows you the team that is the underdog, and how much you would win with a $100 wager. So if the Rams are listed as +200 than betting $100 would give you a $200 profit provided that they win the game.
One of the benefits of online basketball betting in Colorado is that you can put different numbers into the system and see what return you would get back on each of them. This is the simplest kind of Colorado basketball betting and a good way of just quickly placing a wager.
20 points for the big man 😤@lawson_lovering | #GoBuffs pic.twitter.com/ehjHUIMiIX
— Colorado Men's Basketball (@CUBuffsMBB) March 20, 2023
Point Spread
With the point spread bet, you aren’t just predicting the winning team. In addition, you want to say what the winning margin is going to be. Let’s start by looking at the favorites first again. If the Nuggets are listed as -7.5 (points) and then -110 (odds), this again tells you how much you need to bet to win $100, just like in the moneyline. However, the difference in this case is that you need them to win by 8 points or more.
The other side will show numbers like +7.5 and -110. The return is the same for both teams in this way, so what differs is the points difference. The team with a positive sign next to the points is the underdog. You win a bet on them provided that they don’t lose the game by more than the points difference stated. This type of wager is more difficult to win with than the moneyline, which is why the odds tend to be higher.
Totals
There may be some games in which you don’t know who is going to win. Perhaps the teams are too evenly-matched for you to decide but you still want to place a wager on the outcome. Well, you could consider totals bet in this case.
Rather than predicting the team to win, you’ll be looking to decide whether you think the total number of points is over or under a certain figure. It doesn’t matter which team scores most points, as you’re only interested in the total.
This is also known as an under/over bet and you don’t need to choose a team. Instead, you’ll see two bets, each with the same number of points but one of them will be for over this amount and the other will be a total under that figure. So, let’s say that the bets are for under or over 237.5 points. One bet will have a negative figure, which tells you how much to wager to win $100. The other option will have a positive sign, telling you the amount you could win with $100.
Parlays
Parlays are a popular type of Colorado basketball betting, as a way of increasing the potential return by adding more than one bet onto a single bet slip. This could be a variety of bets across a range of NBA or college games where you feel that you know what is going to happen in all of them.
If you choose bets that can’t be added together, you´ll be blocked from placing the wager. For example, you can’t bet on one team to win on a moneyline bet and their rival to win on a spread bet as they cannot both be true so it would be impossible to win with this parlay.
While the odds for parlays can be more attractive than single bets, you need to remember that every element needs to work out right for you to collect the winnings. Even just one part failing loses you the full parlay, which can be extremely frustrating. The exception would be if you’re using some sort of parlay insurance that protects you in the case of getting just one part of it wrong.
.@Kindyllwetta_ 🔁 @jaylynsherrod
📺 ESPNEWS#GoBuffs // #MarchMadness pic.twitter.com/jCY64hZZWA
— Colorado Women's Basketball 🦬 (@CUBuffsWBB) March 18, 2023
Player Totals
This next type of wager is part of the popular prop bets variety. You’re looking to predict how a certain player will perform, and the list of possible bets often includes blocks, steals, assists, three-pointers, doubles, and points scored. If there’s a player you enjoy watching or really believe in, this is a smart way of adding some extra excitement to their games. You might feel that Nikola Jokic or Aaron Gordon is due to turn in a spectacular performance, or perhaps you have felt that a certain player is going to have a poor game for some reason.
To place player totals bet, enter your chosen game and look for the type of bet that you’re interested in. You’ll then see a list of the players that this wager is available for. You can then check out the odds and see whether any of them appeal to you. Every player will usually have a few different odds in Colorado state basketball betting sites, based on the varying number of points, assists etc that they could achieve.
Futures
If you like to look ahead and guess what might happen, maybe betting on NBA futures will be right for you. This is where you can bet on something that’s still a long way off, such as when you predict the winner of the NBA Finals Before you even know who will be playing in these games. The odds can be better than if you were to bet on a game in the near future because there are so many variables to take into account.
For instance, if you were to bet on the Nuggets winning next year’s NBA Finals or one of the Denver teams winning March Madness, it would be extremely difficult to predict. Yet, the closer we get to the date we should see that their true chances become clearer to see. Therefore, you need to decide whether you prefer to wager far in advance for possibly better odds or wait until issues like injuries and current form make things a lot clearer.
How To Bet On NBA Finals In Colorado
At the time of writing, the NBA Finals are coming up soon, meaning that a lot of basketball fans in Colorado and elsewhere are keen to find a way to watch the games and bet on them. The NBA Play-In Tournament is scheduled for April 11 through 14, with the Playoffs starting on April 15.
To bet on these games, you need to follow the steps listed earlier for opening an account and funding it. You can then filter on Colorado basketball betting. Right now, you need to look in the NBA futures section to find the odds for outright NBA Finals winners. The Denver Nuggets are currently in fourth place, behind the Milwaukee Bucks, the Boston Celtics, and the Phoenix Suns.
As we get closer to the main event, you’ll be able to bet on individual games as the schedule gets defined and we find out who takes part in the individual games. By this stage, you’d expect to find the different kinds of bets we’ve looked at available for all of the games.
Who Are the Best NBA Players From Colorado?
When considering the best NBA players from Colorado, we should start by looking at the best Nuggets player right now. Nikola Jokic wasn’t born in Colorado but the Serbian has become arguably the best player on Earth after joining in the 2014 draft and winning the most valuable player award in 2020-21 and 2021-22.
Derrick White from Parker is arguably the best player from Colorado in the NBA just now. He played for the Colorado Buffaloes before entering the NBA draft in 2017 and now plays for the Boston Celtics. Spencer Dinwiddie of the Brooklyn Nets was born in Los Angeles but played his college basketball in Colorado.
Jabari Walker is another from former Buffalo, and he’s currently contracted to the Portland Trail Blazers, while Alex Burks followed the same path and ended up at the Utah Jazz. McKinley Wright IV also played his college basketball at Colorado before heading to the Dallas Mavericks.
Conclusion
There are many reasons to look forward to what the NBA Finals have in store for us this year. With Colorado basketball betting now so easy to carry out online at ClutchBuzz, this is a great opportunity for sports fans to find out how enjoyable it is to place wagers on these games.
As well as the Denver Nuggets and the other NBA teams, you can also bet on the college teams from here and around the rest of the country. If you love watching basketball and want to add an extra edge to the games, taking a moment to sign up and find out the latest odds can make it even better.
Credits on Featured Image: David Herrera
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