Betting on the NBA has never been easier given the rise of cryptocurrencies. If you're a sports bettor looking to dive into the world of NBA betting, you can bet on the regular season or the playoffs in just a few seconds! Here’s a quick guide on how to get started:
A moneyline bet is the simplest form of basketball wagering. You just pick the team you believe will win the game outright. Odds indicate the likelihood of each team winning, with favorites offering smaller payouts and underdogs offering higher ones.
Point spread betting adds a handicap, or “spread,” that the favored team must cover to win the bet. For example, if the spread is 7 points, the favorite must win by more than 7 for your bet to pay out. If they win by exactly 7, it’s a push, and your stake is refunded. Some spreads use half-points (e.g., 7.5) to prevent a push.
Over/under bets, also called totals, focus on the combined score of both teams. You bet on whether the total points will be over or under a predetermined number, regardless of which team wins. You can also bet on totals for individual teams, quarters, or halves.
Prop bets, or proposition bets, involve wagering on specific events or performances during the game. These bets can cover a wide range of possibilities, such as how many points a player will score or whether a team will hit a certain number of three-pointers. They add excitement by focusing on aspects that might not affect the game’s final outcome.
Live or in-game betting allows you to place wagers on a game while it’s happening. The odds and lines continuously change in real-time based on the flow of the game, giving bettors the chance to adjust their bets as the action unfolds.
The +1.5 indicates the point spread. The team is an underdog and can lose by 1 point or win the game for your bet to win.
All you need to play on Overtime Markets is a crypto wallet or you can generate a new one on Overtime using social login such as Gmail, Apple, GitHub, Twitter, or Discord. Beginners and first-time users can use our tutorials to find out the basics of using the platform.
Unlike traditional online sportsbooks or betting websites, onchain sportsbooks require no registration. You just connect your crypto wallet and play with funds from the wallet. Payouts also happen automatically by open smart contracts and aren’t controlled by a centralized entity internally. Your data isn’t stored anywhere and you can’t get banned or limited. All activity of the platform is open and transparent on the public blockchain. Odds are also fully transparent and the Overtime API is freely available in public documentation for any developer. Simply put, Overtime is built to be fair, transparent, and can’t withhold your payments by design.
All you need to play on Overtime is a crypto wallet, i.e. Ethereum wallet. The digital currencies accepted on the platform are USDC, USDCe, USDbC, USDT (Tether USD), DAI, ARB, WETH, ETH, OP, and OVER. You can also onramp funds using a credit card. BTC is not currently supported. Other popular cryptocurrencies on the Ethereum network and payment options will be added in the future.
Payouts happen as soon as the matches on your ticket end and the results are confirmed. There are no humans involved and payouts happen via smart contracts.
You will not get banned from Overtime if you have a history of winning. It’s that simple. Unlike a betting account on web2 online betting platforms, your account cannot be suspended.
Overtime Markets regularly offers you various types of betting bonuses, promos, VIP programs, rewards, cashback offers, and similar incentives on Optimism and Arbitrum. You can use this page to keep track of ongoing promotions and perks and see how you can qualify for them. There are currently no deposit bonus/welcome bonus options, or first deposit bonuses.
Overtime offers market types on par with the most popular bookmakers, including money line wagers, player props, in-play or live betting markets, esports betting, and even political prediction markets such as election results.
Yes, you can earn airdrops at the end of the season by farming experience points (XP) using the Overdrop system. You can think of Overdrop like a loyalty program. Check out this link to learn more about Overdrop.
Experience points are collected for everything you do on Overtime, including maintaining daily and weekly usage streaks, sharing your parlays on X, using OVER as collateral, and more. Your share of airdrops at the end of the season is determined by your collected XP. You also unlock free bets as you level up through the Overdrop XP system.
There is a wide range of sports, including 50+ leagues and sporting events available for trading on Overtime: the biggest American leagues like the NFL, NBA, MLB, March Madness; tennis Grand Slams (Australian Open, Roland Garros, Wimbledon, US Open), English Premier League, the Spanish La Liga, German Bundesliga, UEFA Champions League, UEFA Europa League, UEFA Conference League, esports tournaments and online sports like CS2, Dota 2, League of Legends, fighting sports like MMA, boxing, and many, many others. Overtime is constantly working on adding new sports betting markets to make the platform better than the web2 betting experience. The most popular sports are usually added by popular demand and when odds become available for them through odds providers.
Overtime is currently available on L2 networks Optimism and Arbitrum, and Base and add a range of cryptocurrencies in the future.
In addition to accepting crypto as a payment method, a crypto sportsbook offers the same market offerings as traditional sports betting platforms. However, a crypto sportsbook like Overtime ensures transparency by operating trustlessly, i.e. using smart contracts. This ensures greater transparency and prevents the house from withholding winnings arbitrarily. In addition, a crypto sportsbook allows users to sign in with their social account and accepts FIAT payment methods. In general, cryptocurrency betting offers a much more user-friendly interface with fewer hurdles imposed on users.
Any winnings you make on Overtime are immediately deposited into your Ethereum wallet, so there’s no need to withdraw it from the platform.
You can use the Overtime Markets channel in Discord to contact the team and get customer support regarding any issues you have with your account.
Overtime uses different top-rated data providers such as OddsJam (OpticOdds) and Enetpulse to generate odds. In the vast majority of cases, odds are the same or sometimes better than web2 sportsbooks. In other words, they are highly competitive odds.
Yes, Overtime offers mobile compatibility and the same betting options without downloading a dedicated mobile app. Just access the URL, connect your wallet using Metamask, Rabby, Rainbow, or use a social profile to place bets on the platform. It is a really straightforward user experience and is what separates a top crypto sportsbook from an average one.
Overtime does not require transaction fees, however bettors using the Ethereum network are required to pay for gas, which usually amounts to a few cents per transaction.
No. Overtime Markets is built on the blockchain, it is fully decentralized, and won’t collect the personalized data of sports bettors. You can sign up using an Ethereum wallet or your social account.