The NBA is one of the most popular sports in the world to bet on. With the playoffs rapidly approaching, the action has never been hotter. The key is to know the various NBA betting odds and how to make the most of them.

As it turns out, there are a few helpful tips that can help you dominate the bet slip. Follow these NBA betting tips and you can put yourself in the best position to win as big as the players on the court.

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Manage your bankroll

One of the most important things to do when betting, no matter what sport, is to manage your bankroll. Without that knowledge, you are going to find yourself burning through your bankroll quickly and often. That only leads to big losses rather than even bigger winnings.

Wherever you start, limit yourself to betting a certain percentage of your bankroll. This way, if you hit a cold streak, you won’t immediately be staring down a zero balance. The goal is to win but you also want to be able to prolong having to make deposits on a regular basis.

Use the schedule to your advantage

The goal should be to keep it simple and one of the simplest things you can do is keep an eye on the schedule. In the NBA, especially, teams tend to not do as well when they are on the second half of a back-to-back.

Watch for teams in a similar situation. Maybe a team is playing their third game in four nights. Maybe they played in an overtime game last time out. Use the schedule to help narrow down your picks. It’s not a guarantee to work but it may give you an advantage that you would have otherwise lacked. The NBA is one of those sports where teams apply load management frequently, so keep an eye on games where stars may not be suiting up.

Live betting is your friend

With the implementation of live betting, there is another avenue in which players can win. When it comes to sports like the NBA, sometimes it can be difficult to make a pick before the game starts. So, why not wait to see what things look like before making a wager?

With live betting, you can see how the action unfolds before acting. Maybe you aren’t really into a particular favorite and want to see if they start well. If they don’t, taking the underdog could lead to a nice score.

Sometimes things don’t feel right and the way a game unfolds only solidifies that. If you aren’t totally sure about a game but still want to wager, wait for the game to begin and see how things progress. Live betting is an advantage to those who regularly watch the games.

Track your bets

Don’t just bet on a whim. Track your bets to see how you’ve been doing, where your strengths are, and what patterns may be emerging. For all you know, there may be patterns that can help you to narrow your focus and create regular winners.

Maybe you struggle with home favorites who are favored by more than 10 points. Tracking your bets allows you to see the history of these specific situations and adjust accordingly. Betting is a lot of luck but it is a lot of studying, too. Use the information being presented to you to your fullest advantage. It will increase the odds of you making a winning bet, especially over a longer period of time. Don’t ignore the data because it can be your friend.