Moneyline bets are particularly popular amongst the betting public during the NCAA tournament, as most bettors prefer not to bet spreads once they get to 25+ points. In the example above, a $100 moneyline bet on Butler (-145) would pay out only $168 whereas a $100 moneyline bet on Marquette (+120) would pay out $220. The juice applied to the bet is adjusted according to the spread, betting an underdog to win outright will pay considerably more than betting the spread whereas betting a favorite to win outright will pay considerably less than betting the spread. You are simply betting on one side to win the game. Moneyline bets are the most basic type of bet you can place. Juice can vary widely from game-to-game and sportsbook-to-sportsbook. A $100 bet on either side will pay out a total of $190.91 or $90.91 in winnings. The number you see under the spread, -110 in this case, is the juice applied to each side of the bet. Alternatively, had you bet on Marquette, they would need to lose by 2 points or less for the bet to cash. Looking at the example above, if were to bet $100 on Butler against the spread (-2.5), they would need to win by at least 3 points in order for your ticket to cash. Spread bets refer to betting against a projected winning margin that is established by the sportsbook. Let's consider the odds for the following game while discussing each bet type: A successful bettor understands how to manage their bankroll and how to avoid bets with more risk than reward. The first step to successfully betting on college basketball is understanding the various bet types available and the pros and cons for each. This simply means those lines will not be available at your sportsbook, and you will still be able to bet on games that don't involve an in-state University. In Illinois, for example, bettors are not allowed to wager on any Illinois college teams. Many US states with legal sports betting have placed restrictions on betting on college sports. This college basketball betting guide will cover everything from popular bet types to basic betting strategies and our favorite college basketball betting tools and resources.īe certain to check on the current regulations for your state. Guide to Betting on College Basketball and the 2022 NCAA Tournament The NCAA tournament is 67 games long (including the first four), each game on the 2019 bracket averaged 11.3 million viewers, and the total sports betting handle for the tournament was over $300 million in Vegas alone! You could make the argument that March Madness, in particular, is the single largest betting event of the year. Nevertheless, the start of the 2022 college basketball season will be here before you know it in November. After all, they're busy prepping for the college football and NFL seasons. We know that most bettors don't think about college hoops during the summer.
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