Legal Betting On The Brooklyn Nets
Formerly the New Jersey Nets, the Brooklyn Nets are currently enjoying their second stint as a professional New York basketball franchise. And while most casual fans might think that the Nets would have been a sports betting dream playing near all the gambling of Atlantic City, it’s important to remember that laws like the Wire Act, PASPA, and the UIGEA effectively disallow sports wagering on-site in New Jersey. Also, it’s worth mentioning that all of Atlantic City’s regular customers come over the bridge from New York. In many ways, the Nets have finally moved closer to sports betting by relocating to Brooklyn.
Legal Betting On Brooklyn Nets Basketball
Even though New York casinos aren’t allowed to offer sports betting on the Brooklyn Nets (or any other team), NY residents can easily bet on the Nets by joining a legal online sportsbook like BetOnline, SportsBetting, 5Dimes, and various other services. Since these sportsbooks are all located in other countries overseas, they are not bound by the United States government’s gambling restrictions. Further, as federal sports gambling laws only target bookmakers, it’s not illegal for New York residents to bet on the Nets – even if it sometimes feels like there oughtta be a law against it.
Setting everything up to make your first Nets bet is actually quite simple. All you need to do is sign up at a legal online sportsbook (or three), enter some standard account information, deposit a few dollars, select your bonuses, and browse the Brooklyn Nets betting menus.
The best legal New York sports betting websites (BetOnline, SportsBetting, 5Dimes, etc.) are all free to join, and it takes about as long to sign up for betting on the Brooklyn Nets as it does to join Netflix, Amazon Prime, or any other consumer web service. After setting up your account, just make sure you know how to read your sportsbook’s odds, and then you’ll be ready to put action on all your favorite NBA basketball.
The best online sportsbooks make it easy to fill your account with funds so you can get back to betting on the Brooklyn Nets ASAP. However, different deposit methods have different processing times, so you need to choose the appropriate one for your situation. If you’re going to bet on the Nets today, you can opt to deposit money into your sportsbook using a credit or debit card. Your funds will be transferred pretty much instantaneously. (Note: Currently, no legal New York sports betting site takes American Express, though Visa and Mastercard are accepted.)
Some folks, of course, will want to use a more traditional method like personal check, money order, bank wire transfer, and so on. Legal online sportsbooks do accept these types of deposits, but they take a lot longer to go through, with the cash often not showing up in your account until a full two weeks later. Payouts via these methods can also take up to two weeks to clear.
Using Bitcoin To Bet On The Nets
The best method to fund your Brooklyn Nets betting, however, is none of the above. Instead, Bitcoin has become the online sportsbook industry’s currency of choice, as it’s not only more secure to use than any other payment type, but it also preserves user anonymity and provides an extra layer of privacy for anyone involved in legal NY sports betting.
Bitcoin also pulls double duty as the fastest payout avenue, streamlining withdrawals that otherwise take much longer. As an added bonus, Bitcoin deposits and withdrawals don’t have any processing fees attached to them at any of the major online sportsbooks, so you actually get to keep more of the money you win betting on the Brooklyn Nets. You should definitely consider using Bitcoin to bet on the Nets and all your other New York sports betting favorites.
Before making your first bet on the Nets, it is important to understand how the American system of sports betting odds works. Anyone looking at bets on Brooklyn should know how to read the moneyline. Commonly called “the odds,” the moneyline is actually a reflection not of a given team’s chances to win, but of a given bet’s payout rate. The US moneyline is based on $100 stakes, and it accompanies each wager in every legal online sportsbook, usually in parentheses.
When reading the moneyline, the underdog will usually be shown alongside a positive number, which indicates the amount of money you can win with a $100 bet. The favorite is generally shown with a negative number, which is how much money must be wagered to win $100. The bigger the underdog, the better the payout, and vice versa. (Note: You do not have to wager these amounts to actually participate in a given bet. They merely show the rate or “price” of each wager.)
Your very first Brooklyn Nets bet will likely be on the point spread, which is the most common wager type in the NBA and across all major American sports. The point spread is a way to give the apparent weaker team a leg up on their better opponent, and it’s designed to get the maximum amount of action on both sides of a wager. Here’s what a Brooklyn Nets spread might look like at a legal online sportsbook:
- Brooklyn Nets +8.5 (-110)
- vs.
- Cleveland Cavaliers -8.5 (-110)
Here, the Nets are 8.5-point underdogs to the Cavs. This means that, for Nets betting purposes, Brooklyn can actually lose to Cleveland by up to 8 points and still win the wager. The Cavaliers, on the other hand, must win the game by 9 or more points to win any spread bets placed on them. Bookmakers call this “handicapping.”
If handicapping seems a little more complex than just picking a winner, that’s where the straight bet (a.k.a. straight up bet or straight moneyline bet) comes in. A Brooklyn Nets straight bet will give odds like this:
- Washington Wizards (-155)
- at
- Brooklyn Nets (+135)
As a straight moneyline bet, the only thing you need to worry about is the payout for your pick. If you’re betting on the Brooklyn Nets, you’ll get $135 on a $100 wager. (Remember, you can always wager less money and get the same rate.) A bet on the Wizards, however, isn’t nearly as good of a deal, as it only pays out $100 on a $155 wager.
Totals betting, also called over/under betting, represents the third common Brooklyn Nets betting type. The over/under is not concerned with wins or losses; instead, the only thing that matters is the total points scored between both teams at the end of a given basketball game. Your sportsbook of choice will publish a number, and you pick whether or not the Nets and their opponent will score more or fewer points than that number.
- Brooklyn Nets
- vs.
- Chicago Bulls
- O/U 215.5
In this totals bet, let’s say the Nets beat the Bulls 107-99. Since that score adds up to 206, the “under” wager would win. However, if the Bulls outlasted the Nets 112-109, the “over” bet would take the cake. Again, it doesn’t matter who wins or loses in over/under betting, making it an attractive betting type for teams of all skill levels.
After the big three wager types, your favorite online sportsbook is sure to have dozens of player and team prop bets floating around. A Brooklyn Nets player prop may be offered on something like the total points scored for the team’s starting forward or the number of assists for the Nets’ Sixth Man.
Nets team props will be similar, but based on the whole club’s collective performance. With Nets team prop bets, you’ll be able to put money on things such as the total number of Nets free throw attempts, total team turnovers, which team will win the tip-off, and more. Most legal online sportsbooks won’t start populating their prop bet menus until the day of the game in question, so be sure to always double-check their boards on game day.
Other Bet Types For The Brooklyn Nets
The above aren’t the only ways to bet on the Nets. In addition to Nets spread bets, straight up bets, over/unders, and props, New York sports wagering fans can wager on Nets futures, parlays, and all kinds of live, in-game bets. The added value of this expanded Nets wagering offered by most online sportsbooks truly makes these sites an engaging addition to your daily basketball routine.
One of the most engrossing and exciting methods of betting on the Brooklyn Nets is a newer phenomenon called in-game betting, or live betting. Nets live betting essentially allows users to put money on specific, in-game outcomes. Additionally, live wagering in the NBA can afford bettors literally hundreds (sometimes thousands) of different win-loss lines. For example, the Nets’ odds to win a given game will naturally change on a play-by-play basis. Live wagering allows savvy Nets fans to hedge and effectively revise their wagers, thereby greatly increasing their profit potentials.
Because Apple and Google are so restrictive when it comes to real-money gambling, they don’t actually allow any legal online sportsbooks to have a presence on the App Store or in Google Play. However, even though BetOnline and the like can’t offer an official iPhone or Android app, you can still enjoy mobile New York sports betting by visiting your sportsbook of choice via your mobile browser.
These mobile optimized wagering windows are faster, more efficient, and easier to use than their desktop counterparts, with the added benefit that – generally speaking – your mobile device is actually more secure and better-encrypted than your home computer. With Brooklyn Nets mobile betting, it’s safe and simple to wager from anywhere in the Big Apple and beyond.
While there are hundreds of online sportsbooks out there offering Brooklyn Nets betting, not all such services are created equal, so you’ll definitely want to make sure the service you choose is reputable, reliable, and well-established in the industry. After all, you’re spending money with these folks, and you need to be certain that they’re going to protect your funds and honor your wins (and losses) with fairness.
To that end, the very sites for legal New York betting out there are BetOnline, SportsBetting, and 5Dimes. (BookMaker and BetDSI are also solid choices for betting on the Brooklyn Nets, but they’re smaller outfits that may have a little less action than their larger competitors.) Each vendor has its benefits and advantages over every other, so it might make good sense to sign up at several to shop around for the best lines whenever you wager on the Nets.