KBL (Korean Basketball League) Basketball Betting Odds & Fixtures - Bet on Basketball in South Korea
Showcasing some of the best basketball players in the country, the KBL has grown in prestige and stature, and South Koreans will be glued to their TV screens engrossed in the action.
Many top sports betting websites, including Stake.com , will be brimming with betting lines for players to feast on. As you will discover later on, these will incorporate a wide range of betting types which will test novice and more seasoned bettors at Stake Sportsbook .
But what is the KBL’s appeal? This guide will detail everything you need to know from basketball bets to the history of the KBL, and making basketball betting predictions. This is worth a read!
What is KBL?
The KBL is short for Korean Basketball League and it is a men’s professional league created in South Korea .
As you will discover in the following section, the KBL is novel in some respects and it hasn’t been around as other celebrated basketball tournaments or competitions around the world.
History of KBL
The KBL was set up in 1997. Before that, the sports or basketball landscape was dominated by amateur teams, and they were sponsored either by a corporate company or university.
The Korea Development Bank (KDB), for example, created basketball teams as early as the 1950s, and by the 1970s, major electronic companies were getting involved.
Anyway, the National Basketball Festival ended in 1997, and it is now only contested by University reserve teams .
A basketball team competing in the KBL will create frenzied interest, and the action is usually intense. Some of the players involved in the KBL have gone on to success both domestically and internationally.
KBL Schedule & Format
The KBL consists of 10 teams and each team will play a total of 54 games per season (27 home and 27 away).
Typically, the KBL season runs from April until October, and like the NBA, there will be playoffs. This will be determined by knockout rounds, including quarter-finals, semi-finals, and the final, all of which are best of 5 games.
Which Teams Play in the KBL?
As mentioned, 10 teams compete in the KBL, including Sono Skygunners, and any basketball game will be high octane.
We have addressed a couple of the most high-profile teams that will garner serious interest.
Jeonju KCC Egis
Based in Jeonju, KCC Egis was founded in 1997, and it has been playing in the KBL ever since.
A regular fixture in the playoffs, KCC Egis has won multiple championships. Their home stadium, the Jeonju Sports Complex, can hold up to 6,000 fans.
Suwon KT Sonicboom
Known for their aggressive and fast style of play, Suwon KT Sonicboom play their home games at the KT Sonicboom Arena which has a maximum capacity of 8,000 fans.
Like some of the other teams, they were founded in 1997, and last season, they reached the KBL Finals, but they were dismantled 4-1 by KCC Egis.
We have also underlined key stats in a table, alluding to points scored in the 2023/24 campaign, so check it out below.
How to Bet on Korean Basketball League & Basketball Bet Types
The KBL is filled with basketball odds and basketball betting markets at Stake, and this applies to other major leagues and tournaments, such as the NBA , the Fiba World Cup , the Euro League , and other Korean tournaments such as the WKBL and the KBL Cup .
Anyway, filling in a betting slip at Stake is straightforward. Once you have inputted the sports betting odds and basketball picks, you can use one of the approved deposit methods , including local currencies and crypto . You can find out more about how to store them using our secure vault .
As far as betting types go, online sportsbooks such as Stake.com , are well versed. We have described some of them below for those who want to know how to bet on basketball .
Moneyline - This is the main starting point for novices and you just have to predict who will win the game.
Over/Under betting - This refers to the number of points that will be scored in a game. If you go for Over 205.5 points, then the four quarters will need to produce a total of 206 points or more for your wager to be a winner.
Multi-bet builder - This will involve combining several picks into one slip, and for the same game. Totals over/under, player points, and more can be pulled in for this one.
Parlay betting - Unlike the same game multi-bet builder, you will need to wager on the outcome of several games, usually 3 or more, and all legs need to be satisfied for you to be successful.
Prop betting - This can be drilled down further into team and individual props, and for the latter, you could get basketball odds on a player to score so many points across 4 quarters or contribute X amount of rebounds.
Futures - These are categorised as long-term bets but can also be referred to as outright betting . You could, for example, wager on Jeonju KCC Egis to be crowned KBL champions in the 2024/25 campaign.
Handicap betting - Also known as spread betting, this refers to a metaphorical advantage handed to a team to level out the playing field. The handicap must be covered to get a return on your wager.
Live betting - Fast and frenetic, in-play betting thrusts bettors into the heart of the action and they can bet in real time. Stake has ample markets to satisfy bettors, and they can cash out too.
Korean Basketball League Betting Odds & Payouts
Stake is renowned for providing quick payouts. If you were betting on the KBL during a normal matchday, you would see odds advertised in a variety of ways, including fractional and American prices.
With American odds, the negative sign next to a team’s name denotes they will be the favourites while a positive sign will be assigned to the underdogs. If you were wagering on KCC Egis to beat Sono Skygunners with a $10 wager at odds of -150, then you would receive a total return of $16.67 including your original stake, as the odds are quite short.
Live Stream Basketball for Free & Live Betting Markets
Stake wants to pull bettors closer to the action, and it does it through its superlative live stream service. Users who sign up can stream the matches effortlessly and we didn’t discover any buffering or lagging issues.
In the meantime, live betting has added another string to the bow of operators, so when bettors notice upcoming sports events, they don’t have to hurry around looking for lines pre-match. It is fair to suggest that when it comes to pre match vs live betting , the latter can be more appealing.
Basketball Betting Tips, Predictions & Strategies
Whether you are betting on Team USA at the Olympics or the KLB, the principles of basketball betting are largely the same. In the KBL, KCC Egis could well be the team to beat, and they have made some useful additions to the side.
In the meantime, there is no one-size-fits-all type of betting strategy. Therefore, it is best to refer to our tips discussed below to keep you on the right track.
Read up on tips - To master basketball betting, soak up any tips or read Stake’s blog to keep yourself in the know ahead of the biggest KBL matchups.
Look for value - Don’t take anything for granted or bet on anything too short. Opt for slightly longer lines, so you can generate more in the way of winnings if your wager is successful.
Check out betting promotions - Stake’s promotions tab is a hive of activity and using them will give you the chance to keep your bankroll ticking over.
Bet Bonuses, Promotions & Responsible Gambling Online
Promos come in all forms and the high rollers, for example, can capitalise on our exclusive VIP Club . This bespoke program will have brilliant member-only benefits, but any questions you may have will be answered in our VIP FAQs section.
No matter how you bet, always remember to gamble responsibly and follow our Stake Smart Guidelines. Use our betting limits guide and monthly budget calculator to help stay in control.
