Ultimate betting guide on the Korean Basketball League

South Korea is a nation that takes pride in its favourite sports. While mostly a football-centric country, the nation is also a huge fan of basketball. Punters can bet on the Korean Basketball League (KBL) which is a league that’s worth checking out. 

From the standings to who the best teams are, there are tons of things to learn about the KBL before betting. Are you ready for a unique betting experience with South Korea’s top basketball league? Here is an ultimate guide about the KBL and how to pick the best teams, market, and odds in a sportsbook: 

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Overview of the KBL

The KBL is similar to a lot of basketball leagues around the world. There is a regular season and a more rigorous postseason which is also known as the playoffs. KBL teams race to the top spot in the regular season to be in a better position during the playoffs. 

The league also has a rich history and a collection of great teams to watch out for. Learning about the league will make you appreciate it more when you start KBL betting. 

How it all started 

The KBL is a men’s professional basketball league based in South Korea. It was established in 1997 and falls directly under the FIBA Asia Confederation. Prior to the KBL, basketball was only a domestic sport played by amateur teams who are sponsored by either corporations or universities. 

The league only has ten teams that play a whole season from October to April every year. There are 54 games in a season, and the whole league is primarily composed of South Korean players and two eligible international players. Teams need to win enough games in the regular season so they can compete for a championship in the playoffs. 

List of KBL teams 

As mentioned, there are only 10 professional KBL teams that vie for the title every season. Below is a full list of these teams so you’d know which ones are the best picks: 

• Anyang KGC
• Changwon LG Sakers
• Daegu KOGAS Pegasus
• Goyang Carrot Jumpers
• Jeonju KCC Egis
• Seoul Samsung Thunders
• Seoul SK Knights
• Suwon KT Sonicboom
• Ulsan Hyundai Mobis Phoebus
• Wonju DB Promy 
   

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Who are the best teams? 

In the history of KBL, the Ulsan Hyundai Mobis Phoebus are the most successful team with seven championship banners under their rafters. 

In the 2020-21 season, the Anyang KGC are the most recent champions who won their third title in franchise history. However, the team didn’t get off to a great start in the 2022 season as they initially hoped for, but they quickly picked up the pace and started winning more games. 

So far into the 2022 season, the Goyang Orions are playing just as well as the defending champions who are currently the highest-scoring team in the league. They have an offensive rating of 85.9 points per game. It’s too early to tell which teams are prime to dominate in the playoffs, but a great head start is usually a good indicator that they’ll do just as well in the postseason. 

KBL postseason explained 

The playoffs usually start a week after the KBL regular season ends. Only the first six teams in the standings can advance to the playoffs and play in different rounds to reach the finals. The top 2 seeded teams will automatically be qualified for the semi-finals, while the third to sixth seed will play a best-of-three quarter finals round. 

During the semi-finals, the remaining teams will play a best-of-five series to advance to the KBL finals. From here, the two best teams will play a best-of-seven series for the championship trophy.

Is the KBL All-Star game important when betting? 

Just like the NBA and EuroLeague, the KBL has an annual All-Star weekend event for the best-performing players in a season. The league nominates five players from every team to be a part of the All-Star fan voting ballot. The top 24 players with the most votes will participate in the All-Star games, and the top 2 highest-ranked players will get to be the captains of their respective teams. 

For fans, this is a highly-anticipated event to see their favourite players play with one another despite being on different squads in the regular season. But for punters, what are the benefits of the All-Star game? 

There is one main reason why you should pay closer attention to the All-Star game, more specifically the players who are invited to play in the event. Players who get selected to become All-Stars get their values raised for the offseason, which is a time when teams sign free agents to play for their rosters. If you are a regular fan and punter of the KBL, it’s going to give you a good idea on which all-stars to bet on now and in the future.

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KBL betting guide

Other prominent basketball leagues like the NBA often overshadow the KBL. This means that most punters who get into the league to start KBL betting are newcomers. To help you make the most out of your wagers, below is a comprehensive KBL betting guide to get you started: 

KBL basketball betting odds

All sportsbooks have odds designated to each team in a particular game. The odds tell you how likely a KBL team is going to win and what the potential payouts are. There are mainly two types of KBL betting odds to consider: 

Decimal odds

Aside from the obvious decimal representation, the decimal odds shows you the amount a win accumulates for every dollar wagered. To calculate, all you have to do is multiply the odds’ number with the amount of your initial bet. For instance, if you wagered $100 on the Anyang KGC to win the game with odds of 2.03, you’ll receive a total of $203 if you win your bet. 

There are also favourites and underdogs when it comes to the KBL basketball betting odds, which also applies to other sports. The favourites are the most likely team to win a game while the underdogs are the least likely. 

Most bookmakers don’t explicitly tell you which teams are the favourites and underdogs because they are already implied in the odds. The lower the number of the odds, the more likely a team is going to win and vice versa. 

American odds 

The American odds is arguably the most famous type in online sportsbooks. They are represented with a plus (+) symbol for the underdogs and minus (-) sign for the favourites. 

To calculate the odds of the favourites, divide 100 by the number of the odds then multiply the quotient of the amount you initially wagered. For the underdogs, divide the odds’ value by 100 then multiply the quotient by the bet amount. 

KBL betting markets explained 

Betting markets are specific categories you can wager on a particular event. For example, the most common market is the moneyline bet which means you bet on a specific team to win. 

Aside from the mere moneyline, there are other KBL betting markets to choose from. For instance, the totals market is where you are betting on how many points, rebounds, or assists a player is going to have by the end of the game. Another market is the odd/even bet which is a prediction on whether the sum of the two teams’ points will be an odd or even number. 

The best part about these is that you can place bets on multiple markets all at once which significantly minimises the risk of losing. 

KBL sports betting strategies 

Betting without a strategy is like going into a battlefield without a weapon. It’s best to strategise first before placing huge wagers, especially in a highly-competitive league like the KBL. 

Be a punter, not a fan

It’s hard to be a punter and fan at the same time. In a fan’s perspective, it’s difficult to remain objective about your favourite team even if they are not doing particularly well. If you want to win your bets, you should not consider your favourite team’s poor performance and start looking at other better teams to place your wagers. 

Learn the basics of bankroll management 

You can easily make money and recoup losses by smart bankroll management. Start controlling how much you wager and never deplete your bankroll to zero so you still have enough wagers left for more important games. 

Plot the schedule

A prepared punter is always above everybody else in sports betting. The most seasoned punters have a dedicated calendar that plots when the games start in both the regular and postseason. This way, you can prepare yourself in betting on big games and project how much money you’re going to put before the matches even begin. 

Place your wagers in the KBL and win huge payouts at Gamdom! 

Now that you know the KBL basics, it’s time to start betting and winning huge payouts. Experience the fun of sports betting at Gamdom where you can bet on KBL and many more sports leagues. 

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Words: Vonn Consul