There is no special name given to spinning a Basketball on your finger. The ability to balance and spin a basketball on your finger is caused by the gyroscopic effect. The gyroscopic effect is based on the angular momentum that is needed to stabilize the ball while it is rotating.
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Well, the first thing is that it takes a LOT of practise, it took me all together about 2 months! you start off by holding the ball on your palm and then with your other hand push it diagonily up to the right, this will spin the ball up in the air. then try and land it on your middle finger or any finger you prefure. to keep it spinning just very lightly tap the side of the ball. soon enough youl be able to spin a ball on your finger!